Contempro for Housing Projects (AMM:COHO) Beneish M-Score: -2.60 (As of Jul. 14, 2026)

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AMM:COHO Contempro for Housing Projects PLC AMM:COHO
66 GF Score
Price JOD0.76
GF Value JOD1.51
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Contempro for Housing Projects Beneish M-Score?

Contempro for Housing Projects AMM:COHO 66 Beneish M-Score is -2.60 as of Jul. 14, 2026. GuruFocus rates AMM:COHO with a GF Score™ of 66/100 and a GF Value™ of JOD1.51 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,685 Real Estate companies, Contempro for Housing Projects ranks better than 65.34% 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.

Good Sign:

Beneish M-Score -2.6 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Contempro for Housing Projects's Beneish M-Score or its related term are showing as below:

AMM:COHO' s Beneish M-Score Range Over the Past 10 Years
Min: -47.9   Med: -1.82   Max: 31.57
Current: -2.6

During the past 13 years, the highest Beneish M-Score of Contempro for Housing Projects was 31.57. The lowest was -47.90. And the median was -1.82.

Contempro for Housing Projects Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Contempro for Housing Projects'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.

Contempro for Housing Projects Beneish M-Score Chart

Contempro for Housing Projects 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 -2.10 -2.62 0.20 -2.71 -2.58

Contempro for Housing Projects Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -2.70 -2.63 -2.56 -2.58 -2.60

AMM:COHO vs CBRE, BEKE, JLL: Beneish M-Score Comparison

For the Real Estate Services subindustry, Contempro for Housing Projects'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.

Contempro for Housing Projects Beneish M-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Contempro for Housing Projects's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Contempro for Housing Projects's Beneish M-Score falls into.


AMM:COHO
66GF Score
Contempro for Housing Projects PLC AMM:COHO
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Contempro for Housing Projects 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 Contempro for Housing Projects 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 * 0.7982+0.528 * 1.158+0.404 * 1.5437+0.892 * 1.5529+0.115 * 0.8333
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.5444+4.679 * -0.187932-0.327 * 0.7141
=-2.60

* 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was JOD0.12 Mil.
Revenue was 0.79 + 0 + 0 + 1.85 = JOD2.64 Mil.
Gross Profit was 0.107 + 0 + 0 + 0.298 = JOD0.41 Mil.
Total Current Assets was JOD6.93 Mil.
Total Assets was JOD7.24 Mil.
Property, Plant and Equipment(Net PPE) was JOD0.01 Mil.
Depreciation, Depletion and Amortization(DDA) was JOD0.01 Mil.
Selling, General, & Admin. Expense(SGA) was JOD0.08 Mil.
Total Current Liabilities was JOD0.22 Mil.
Long-Term Debt & Capital Lease Obligation was JOD0.00 Mil.
Net Income was 0.085 + -0.026 + 0 + 0.229 = JOD0.29 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = JOD0.00 Mil.
Cash Flow from Operations was 0.742 + -0.74 + -0.131 + 1.778 = JOD1.65 Mil.
 Total Receivables was JOD0.10 Mil.
Revenue was 0 + 0 + 0.825 + 0.875 = JOD1.70 Mil.
Gross Profit was 0 + 0 + 0.094 + 0.208 = JOD0.30 Mil.
Total Current Assets was JOD7.07 Mil.
Total Assets was JOD7.28 Mil.
Property, Plant and Equipment(Net PPE) was JOD0.01 Mil.
Depreciation, Depletion and Amortization(DDA) was JOD0.01 Mil.
Selling, General, & Admin. Expense(SGA) was JOD0.10 Mil.
Total Current Liabilities was JOD0.31 Mil.
Long-Term Debt & Capital Lease Obligation was JOD0.00 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)
=(0.119 / 2.64) / (0.096 / 1.7)
=0.045076 / 0.056471
=0.7982

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)
=(0.302 / 1.7) / (0.405 / 2.64)
=0.177647 / 0.153409
=1.158

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 - (6.928 + 0.007) / 7.242) / (1 - (7.073 + 0.01) / 7.283)
=0.042392 / 0.027461
=1.5437

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
=2.64 / 1.7
=1.5529

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))
=(0.008 / (0.008 + 0.01)) / (0.008 / (0.008 + 0.007))
=0.444444 / 0.533333
=0.8333

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)
=(0.082 / 2.64) / (0.097 / 1.7)
=0.031061 / 0.057059
=0.5444

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)
=((0 + 0.218) / 7.242) / ((0 + 0.307) / 7.283)
=0.030102 / 0.042153
=0.7141

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
=(0.288 - 0 - 1.649) / 7.242
=-0.187932

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.

Contempro for Housing Projects has a M-score of -2.60 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 -2.60 mean?
Contempro for Housing Projects (AMM:COHO) has a Beneish M-Score of -2.60 as of Jul. 14, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Contempro for Housing Projects and its competitors. According to the industry distribution chart, Contempro for Housing Projects ranks #584 out of 1685 companies in the Real Estate industry, placing it in the top 34.7%.
Is Contempro for Housing Projects' Beneish M-Score too high?
Contempro for Housing Projects' current Beneish M-Score is -2.60. Based on the distribution chart, Contempro for Housing Projects ranks #584 out of 1685 companies in the Real Estate industry, which is above the industry midpoint. Overall, Contempro for Housing Projects has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Contempro for Housing Projects' Beneish M-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Contempro for Housing Projects ranks #584 out of 1685 companies for Beneish M-Score. This puts Contempro for Housing Projects in the upper 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 a Real Estate company?
A good Beneish M-Score depends on the Real Estate 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 Contempro for Housing Projects and its competitors. Contempro for Housing Projects's current Beneish M-Score is -2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Contempro for Housing Projects stock overvalued right now?
Based on GuruFocus' analysis, Contempro for Housing Projects (AMM:COHO) is currently considered Significantly Undervalued. The stock's GF Value™ is JOD1.51, compared to a current price of JOD0.76 — trading 49.7% below its estimated fair value. The current Beneish M-Score is -2.60. Contempro for Housing Projects' overall GF Score™ is 66/100 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 Contempro for Housing Projects (AMM:COHO), the current Beneish M-Score is -2.60 as of Jul. 14, 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 Contempro for Housing Projects (AMM:COHO) Overvalued in 2026?

Based on GuruFocus' analysis, Contempro for Housing Projects stock appears to be undervalued. The current stock price of JOD0.76 is trading 49.7% below its estimated GF Value™ of JOD1.51. GuruFocus considers Contempro for Housing Projects to be Significantly Undervalued.

Key valuation signals for AMM:COHO:

  • Beneish M-Score: -2.60
  • GF Value™: JOD1.51 vs. price of JOD0.76 (49.7% below fair value)
  • GF Score™: 66/100 with 3 warning signs

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

Contempro for Housing Projects Business Description

Address Al-Swaifia, Al-Amad Complex, P.O. Box 831223, Amman, JOR, 11183
Contempro for Housing Projects PLC is a Jordan-based company that engages in the real estate and investment sectors. The company's main objectives are the purchase and sale of apartments, acquisition & investment in lands, and Tourism & Commercial investments. The revenue is generated from the sale of apartments. All of its activities are conducted in Jordan.
66GF Score

Get the complete analysis for AMM:COHO

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

JOD0.76
Price
JOD1.51
GF Value