AITX (Artificial Intelligence Technology Solutions) Beneish M-Score: -7.11 (As of Jun. 26, 2026)


What is Artificial Intelligence Technology Solutions Beneish M-Score?

Artificial Intelligence Technology Solutions AITX +0.41% Beneish M-Score is -7.11 as of Jun. 26, 2026. The stock has 8 warning signs investors should review. Among 1,020 Business Services companies, Artificial Intelligence Technology Solutions ranks better than 98.33% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Good Sign:

Beneish M-Score -7.11 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Artificial Intelligence Technology Solutions's Beneish M-Score or its related term are showing as below:

AITX' s Beneish M-Score Range Over the Past 10 Years
Min: -68.87   Med: -6.29   Max: -4.15
Current: -7.11

During the past 13 years, the highest Beneish M-Score of Artificial Intelligence Technology Solutions was -4.15. The lowest was -68.87. And the median was -6.29.


Artificial Intelligence Technology Solutions Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Artificial Intelligence Technology Solutions's Beneish M-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Artificial Intelligence Technology Solutions Beneish M-Score Chart

Artificial Intelligence Technology Solutions Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.24 -6.29 -5.48 -4.15 -7.11

Artificial Intelligence Technology Solutions Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.15 -5.01 -6.25 -6.88 -7.11

AITX vs AIHS, BDST, MWG: Beneish M-Score Comparison

For the Rental & Leasing Services subindustry, Artificial Intelligence Technology Solutions's Beneish M-Score, along with its competitors' market caps and Beneish M-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Artificial Intelligence Technology Solutions Beneish M-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Artificial Intelligence Technology Solutions's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Artificial Intelligence Technology Solutions's Beneish M-Score falls into.



Artificial Intelligence Technology Solutions Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Artificial Intelligence Technology Solutions for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * 0.4449+0.528 * 0.8439+0.404 * 1.2207+0.892 * 1.2634+0.115 * 0.7978
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.7657+4.679 * -0.914535-0.327 * 1.3131
=-7.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Feb26) TTM:Last Year (Feb25) TTM:
Total Receivables was $1.00 Mil.
Revenue was 1.992 + 2.01 + 1.889 + 1.855 = $7.75 Mil.
Gross Profit was 1.726 + 1.3 + 1.345 + 1.234 = $5.61 Mil.
Total Current Assets was $2.94 Mil.
Total Assets was $9.30 Mil.
Property, Plant and Equipment(Net PPE) was $6.21 Mil.
Depreciation, Depletion and Amortization(DDA) was $2.12 Mil.
Selling, General, & Admin. Expense(SGA) was $13.19 Mil.
Total Current Liabilities was $19.95 Mil.
Long-Term Debt & Capital Lease Obligation was $24.87 Mil.
Net Income was -5.948 + -4.731 + 0.763 + -4.594 = $-14.51 Mil.
Non Operating Income was -0.399 + -0.63 + 4.37 + 0 = $3.34 Mil.
Cash Flow from Operations was -1.893 + -2.051 + -2.079 + -3.321 = $-9.34 Mil.
Total Receivables was $1.79 Mil.
Revenue was 1.853 + 1.751 + 1.344 + 1.183 = $6.13 Mil.
Gross Profit was 0.884 + 1.174 + 1.001 + 0.685 = $3.74 Mil.
Total Current Assets was $5.03 Mil.
Total Assets was $10.99 Mil.
Property, Plant and Equipment(Net PPE) was $5.81 Mil.
Depreciation, Depletion and Amortization(DDA) was $1.48 Mil.
Selling, General, & Admin. Expense(SGA) was $13.63 Mil.
Total Current Liabilities was $7.58 Mil.
Long-Term Debt & Capital Lease Obligation was $32.73 Mil.




1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(1.004 / 7.746) / (1.786 / 6.131)
=0.129615 / 0.291306
=0.4449

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(3.744 / 6.131) / (5.605 / 7.746)
=0.610667 / 0.723599
=0.8439

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (2.935 + 6.213) / 9.302) / (1 - (5.029 + 5.808) / 10.986)
=0.016556 / 0.013563
=1.2207

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=7.746 / 6.131
=1.2634

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(1.481 / (1.481 + 5.808)) / (2.123 / (2.123 + 6.213))
=0.203183 / 0.254679
=0.7978

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(13.185 / 7.746) / (13.63 / 6.131)
=1.702169 / 2.223128
=0.7657

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((24.865 + 19.953) / 9.302) / ((32.733 + 7.577) / 10.986)
=4.818104 / 3.669215
=1.3131

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(-14.51 - 3.341 - -9.344) / 9.302
=-0.914535

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Artificial Intelligence Technology Solutions has a M-score of -7.11 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -7.11 mean?
Artificial Intelligence Technology Solutions (AITX) has a Beneish M-Score of -7.11 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Artificial Intelligence Technology Solutions and its competitors. According to the industry distribution chart, Artificial Intelligence Technology Solutions ranks #17 out of 1020 companies in the Business Services industry, placing it in the top 1.7%.
Is Artificial Intelligence Technology Solutions' Beneish M-Score too high?
Artificial Intelligence Technology Solutions' current Beneish M-Score is -7.11. Based on the distribution chart, Artificial Intelligence Technology Solutions ranks #17 out of 1020 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers.
How does Artificial Intelligence Technology Solutions' Beneish M-Score compare to AIHS and BDST?
According to the Business Services industry distribution chart, Artificial Intelligence Technology Solutions ranks #17 out of 1020 companies for Beneish M-Score. This places Artificial Intelligence Technology Solutions in the top 2% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Business Services company?
A good Beneish M-Score depends on the Business Services industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Artificial Intelligence Technology Solutions and its competitors. Artificial Intelligence Technology Solutions's current Beneish M-Score is -7.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artificial Intelligence Technology Solutions stock overvalued right now?
Based on GuruFocus' analysis, Artificial Intelligence Technology Solutions (AITX) is currently considered Possible Value Trap. The stock's GF Value™ is $0.31, compared to a current price of $0.01 — trading 96% below its estimated fair value. The current Beneish M-Score is -7.11. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Artificial Intelligence Technology Solutions (AITX), the current Beneish M-Score is -7.11 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Artificial Intelligence Technology Solutions Business Description

Address 10800 Galaxie Avenue, Ferndale, MI, USA, 48220
Artificial Intelligence Technology Solutions Inc, through its wholly-owned subsidiary delivers robotics and artificial intelligence-based solutions for operational, security, and monitoring needs. It also creates its own software for the development of powerful tools such as RADSOC, RADPMC, and RADGuard. The company generates the majority of its revenue from device rental activities.