Jordan Insurance Co (AMM:JOIN) Beneish M-Score: 0.00 (As of Jul. 01, 2026)


AMM:JOIN Jordan Insurance Co AMM:JOIN
71 GF Score
Price JOD1.70
GF Value JOD1.12
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Jordan Insurance Co Beneish M-Score?

Jordan Insurance Co AMM:JOIN +1.19% 71 Beneish M-Score is 0.00 as of Jul. 01, 2026. GuruFocus rates AMM:JOIN with a GF Score™ of 71/100 and a GF Value™ of JOD1.12 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 401 Insurance companies, Jordan Insurance Co ranks worse than 249376.31% on this metric.

Note: Financial institutions were excluded from the sample in Beneish paper when calculating Beneish M-Score. Thus, the prediction might not fit banks and insurance companies.

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 Jordan Insurance Co's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Jordan Insurance Co was 0.00. The lowest was 0.00. And the median was 0.00.

AMM:JOIN
71GF Score
Jordan Insurance Co AMM:JOIN
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Jordan Insurance Co 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 Jordan Insurance Co 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was JOD0.00 Mil.
Revenue was 14.178 + 0 + 0 + 13.196 = JOD27.37 Mil.
Gross Profit was 14.178 + 0 + 0 + 13.196 = JOD27.37 Mil.
Total Current Assets was JOD0.00 Mil.
Total Assets was JOD116.60 Mil.
Property, Plant and Equipment(Net PPE) was JOD1.06 Mil.
Depreciation, Depletion and Amortization(DDA) was JOD0.09 Mil.
Selling, General, & Admin. Expense(SGA) was JOD0.94 Mil.
Total Current Liabilities was JOD0.00 Mil.
Long-Term Debt & Capital Lease Obligation was JOD0.00 Mil.
Net Income was 0.808 + 2.132 + 0.852 + 0.447 = JOD4.24 Mil.
Non Operating Income was 0.179 + 0 + 0 + 0.18 = JOD0.36 Mil.
Cash Flow from Operations was 1.196 + 5.015 + 0.416 + -3.814 = JOD2.81 Mil.
 Total Receivables was JOD0.00 Mil.
Revenue was 13.195 + 0 + 0 + 12.231 = JOD25.43 Mil.
Gross Profit was 13.195 + 0 + 0 + 12.231 = JOD25.43 Mil.
Total Current Assets was JOD0.00 Mil.
Total Assets was JOD106.80 Mil.
Property, Plant and Equipment(Net PPE) was JOD1.11 Mil.
Depreciation, Depletion and Amortization(DDA) was JOD0.09 Mil.
Selling, General, & Admin. Expense(SGA) was JOD1.14 Mil.
Total Current Liabilities was JOD0.00 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 / 27.374) / (0 / 25.426)
=0 / 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)
=(25.426 / 25.426) / (27.374 / 27.374)
=1 / 1
=

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 - (0 + 1.062) / 116.602) / (1 - (0 + 1.112) / 106.803)
=0.990892 / 0.989588
=

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
=27.374 / 25.426
=

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))
=(0.089 / (0.089 + 1.112)) / (0.086 / (0.086 + 1.062))
=0.074105 / 0.074913
=

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)
=(0.939 / 27.374) / (1.14 / 25.426)
=0.034303 / 0.044836
=

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) / 116.602) / ((0 + 0) / 106.803)
=0 / 0
=

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
=(4.239 - 0.359 - 2.813) / 116.602
=0.009151

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?
Jordan Insurance Co (AMM:JOIN) has a Beneish M-Score of 0.00 as of Jul. 01, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Jordan Insurance Co and its competitors. According to the industry distribution chart, Jordan Insurance Co ranks #999999 out of 401 companies in the Insurance industry.
Is Jordan Insurance Co's Beneish M-Score too high?
Jordan Insurance Co's current Beneish M-Score is 0.00. Based on the distribution chart, Jordan Insurance Co ranks #999999 out of 401 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Jordan Insurance Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jordan Insurance Co's Beneish M-Score compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Jordan Insurance Co ranks #999999 out of 401 companies for Beneish M-Score. This places Jordan Insurance Co 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 Insurance company?
A good Beneish M-Score depends on the Insurance 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 Jordan Insurance Co and its competitors. Jordan Insurance Co'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 Jordan Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, Jordan Insurance Co (AMM:JOIN) is currently considered Significantly Overvalued. The stock's GF Value™ is JOD1.12, compared to a current price of JOD1.70 — trading 51.8% above its estimated fair value. The current Beneish M-Score is 0.00. Jordan Insurance Co's overall GF Score™ is 71/100 with 4 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 Jordan Insurance Co (AMM:JOIN), the current Beneish M-Score is 0.00 as of Jul. 01, 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 Jordan Insurance Co (AMM:JOIN) Overvalued in 2026?

Based on GuruFocus' analysis, Jordan Insurance Co stock appears to be overvalued. The current stock price of JOD1.70 is trading 51.8% above its estimated GF Value™ of JOD1.12. GuruFocus considers Jordan Insurance Co to be Significantly Overvalued.

Key valuation signals for AMM:JOIN:

  • Beneish M-Score: 0.00
  • GF Value™: JOD1.12 vs. price of JOD1.70 (51.8% above fair value)
  • GF Score™: 71/100 with 4 warning signs

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

Jordan Insurance Co Business Description

Address Prince Mohammed Street, P.O. Box 279, Jabal Amman - 3rd Circle, Amman, JOR, 11118
Jordan Insurance Co is engaged in the provision of insurance services. The company's offerings include Health Insurance, Life Insurance, Motor Insurance, Casualty Insurance, Engineering Insurance, Property Insurance, Marine Insurance, andTravel Insurance. Geographically, the company mainly operates in Jordan.
71GF Score

Get the complete analysis for AMM:JOIN

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

JOD1.70
Price
JOD1.12
GF Value