AMBO (Ambow Education Holding) Beneish M-Score: 0.00 (As of Aug. 28, 2026)

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AMBO Ambow Education Holding Ltd AMBO
44 GF Score
Price $2.09
GF Value $1.48
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Ambow Education Holding Beneish M-Score?

Ambow Education Holding AMBO 44 Beneish M-Score is 0.00 as of Aug. 28, 2026. GuruFocus rates AMBO with a GF Score™ of 44/100 and a GF Value™ of $1.48 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 241 Education companies, Ambow Education Holding ranks worse than 414937.34% 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.

The historical rank and industry rank for Ambow Education Holding's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Ambow Education Holding was 7.99. The lowest was -3.77. And the median was -2.51.


Ambow Education Holding Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Ambow Education Holding'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.

Ambow Education Holding Beneish M-Score Chart

Ambow Education Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.97 -1.58 -0.67 -2.39 -2.49

Ambow Education Holding Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Mar25 Jun25 Dec25 Mar26 Jun26
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 -2.96 -2.78 -2.49 -1.92 0.00

AMBO vs WAFU, ASPU, EEIQ: Beneish M-Score Comparison

For the Education & Training Services subindustry, Ambow Education Holding'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.


Ambow Education Holding Beneish M-Score vs Education Industry

For the Education industry and Consumer Defensive sector, Ambow Education Holding's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Ambow Education Holding's Beneish M-Score falls into.


AMBO
44GF Score
Ambow Education Holding Ltd AMBO
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ambow Education Holding 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 Ambow Education Holding 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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 (Jun26) TTM:Last Year (Mar25) TTM:
Total Receivables was $1.58 Mil.
Revenue was 2.393 + 2.799 + 0 + 2.766 = $7.96 Mil.
Gross Profit was 1.23 + 1.686 + 0 + 1.475 = $4.39 Mil.
Total Current Assets was $9.36 Mil.
Total Assets was $19.19 Mil.
Property, Plant and Equipment(Net PPE) was $6.57 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.00 Mil.
Selling, General, & Admin. Expense(SGA) was $3.11 Mil.
Total Current Liabilities was $3.84 Mil.
Long-Term Debt & Capital Lease Obligation was $6.76 Mil.
Net Income was -0.146 + 0.424 + 0 + 1.775 = $2.05 Mil.
Non Operating Income was -0.17 + -0.024 + 0 + 1.522 = $1.33 Mil.
Cash Flow from Operations was 1.067 + -1.189 + 0 + 1.901 = $1.78 Mil.
Total Receivables was $0.00 Mil.
Revenue was 2.314 + 0 + 2.399 + 0 = $4.71 Mil.
Gross Profit was 1.336 + 0 + 1.335 + 0 = $2.67 Mil.
Total Current Assets was $0.00 Mil.
Total Assets was $0.00 Mil.
Property, Plant and Equipment(Net PPE) was $0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.00 Mil.
Selling, General, & Admin. Expense(SGA) was $2.29 Mil.
Total Current Liabilities was $0.00 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 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)
=(1.575 / 7.958) / (0 / 4.713)
=0.197914 / 0
=

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)
=(2.671 / 4.713) / (4.391 / 7.958)
=0.56673 / 0.551772
=

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 - (9.364 + 6.568) / 19.19) / (1 - (0 + 0) / 0)
=0.169776 /
=

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
=7.958 / 4.713
=

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))
=(0 / (0 + 0)) / (0 / (0 + 6.568))
= / 0
=

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)
=(3.109 / 7.958) / (2.292 / 4.713)
=0.390676 / 0.486314
=

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)
=((6.763 + 3.836) / 19.19) / ((0 + 0) / 0)
=0.552319 /
=

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
=(2.053 - 1.328 - 1.779) / 19.19
=-0.054924

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.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
Ambow Education Holding (AMBO) has a Beneish M-Score of 0.00 as of Aug. 28, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Ambow Education Holding and its competitors. According to the industry distribution chart, Ambow Education Holding ranks #999999 out of 241 companies in the Education industry.
Is Ambow Education Holding's Beneish M-Score too high?
Ambow Education Holding's current Beneish M-Score is 0.00. Based on the distribution chart, Ambow Education Holding ranks #999999 out of 241 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, Ambow Education Holding has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ambow Education Holding's Beneish M-Score compare to WAFU and ASPU?
According to the Education industry distribution chart, Ambow Education Holding ranks #999999 out of 241 companies for Beneish M-Score. This places Ambow Education Holding in the lower half of its industry. 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 an Education company?
A good Beneish M-Score depends on the Education 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 Ambow Education Holding and its competitors. Ambow Education Holding's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ambow Education Holding stock overvalued right now?
Based on GuruFocus' analysis, Ambow Education Holding (AMBO) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.48, compared to a current price of $2.09 — trading 41.2% above its estimated fair value. The current Beneish M-Score is 0.00. Ambow Education Holding's overall GF Score™ is 44/100 with 3 warning signs to review. 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 Ambow Education Holding (AMBO), the current Beneish M-Score is 0.00 as of Aug. 28, 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.

Is Ambow Education Holding (AMBO) Overvalued in 2026?

Based on GuruFocus' analysis, Ambow Education Holding stock appears to be overvalued. The current stock price of $2.09 is trading 41.2% above its estimated GF Value™ of $1.48. GuruFocus considers Ambow Education Holding to be Significantly Overvalued.

Key valuation signals for AMBO:

  • Beneish M-Score: 0.00
  • GF Value™: $1.48 vs. price of $2.09 (41.2% above fair value)
  • GF Score™: 44/100 with 3 warning signs

No single metric tells the full story. See the AMBO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ambow Education Holding Business Description

Address 10080 N. Wolfe Road, Suite SW3 - 200, Cupertino, CA, USA, 95014
Ambow Education Holding Ltd is an AI-driven technology educational company. Along with its subsidiaries, the company is developing a new HybriU AI Digital Education Solution that transforms the educational environment, bridging the gap between traditional methods and the future of digital learning. The solution combines sophisticated software and hardware to create an AI-powered digital and hybrid classroom, designed to enhance educational delivery and engagement. In addition, the group offers high-quality, individualized, and dynamic career education services and products through the operation of its for-profit colleges. Substantially the majority of the group's revenues are derived from the United States, based on the geographical locations where services are provided to customers.
44GF Score

Get the complete analysis for AMBO

Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.09
Price
$1.48
GF Value