Jordan Telecommunications Co (AMM:JTEL) Beneish M-Score: -3.10 (As of Jun. 26, 2026)


AMM:JTEL Jordan Telecommunications Co AMM:JTEL
94 GF Score
Price JOD3.64
GF Value JOD2.93
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Jordan Telecommunications Co Beneish M-Score?

Jordan Telecommunications Co AMM:JTEL -0.27% 94 Beneish M-Score is -3.10 as of Jun. 26, 2026. GuruFocus rates AMM:JTEL with a GF Score™ of 94/100 and a GF Value™ of JOD2.93 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 355 Telecommunication Services companies, Jordan Telecommunications Co ranks better than 77.75% 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 -3.1 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Jordan Telecommunications Co's Beneish M-Score or its related term are showing as below:

AMM:JTEL' s Beneish M-Score Range Over the Past 10 Years
Min: -24.06   Med: -2.97   Max: -2.35
Current: -3.1

During the past 13 years, the highest Beneish M-Score of Jordan Telecommunications Co was -2.35. The lowest was -24.06. And the median was -2.97.


Jordan Telecommunications Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Jordan Telecommunications Co'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.

Jordan Telecommunications Co Beneish M-Score Chart

Jordan Telecommunications Co 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 -3.31 -2.81 -2.80 -2.73 -3.19

Jordan Telecommunications Co 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 -2.57 -2.75 -2.72 -3.19 -3.10

AMM:JTEL vs TMUS, VZ, T: Beneish M-Score Comparison

For the Telecom Services subindustry, Jordan Telecommunications Co'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.


Jordan Telecommunications Co Beneish M-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Jordan Telecommunications Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Jordan Telecommunications Co's Beneish M-Score falls into.


AMM:JTEL
94GF Score
Jordan Telecommunications Co AMM:JTEL
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jordan Telecommunications 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 Telecommunications 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 * 0.8775+0.528 * 1.0071+0.404 * 0.9379+0.892 * 1.0102+0.115 * 0.9916
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9521+4.679 * -0.107644-0.327 * 1.0103
=-3.10

* 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 JOD138.2 Mil.
Revenue was 91.046 + 92.675 + 94.135 + 87.081 = JOD364.9 Mil.
Gross Profit was 56.514 + 62.411 + 60.326 + 57.449 = JOD236.7 Mil.
Total Current Assets was JOD235.5 Mil.
Total Assets was JOD810.7 Mil.
Property, Plant and Equipment(Net PPE) was JOD377.3 Mil.
Depreciation, Depletion and Amortization(DDA) was JOD43.5 Mil.
Selling, General, & Admin. Expense(SGA) was JOD31.2 Mil.
Total Current Liabilities was JOD318.9 Mil.
Long-Term Debt & Capital Lease Obligation was JOD131.1 Mil.
Net Income was 9.337 + 13.481 + 10.634 + 8.696 = JOD42.1 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = JOD0.0 Mil.
Cash Flow from Operations was 14.288 + 34.483 + 35.739 + 44.906 = JOD129.4 Mil.
Total Receivables was JOD155.8 Mil.
Revenue was 89.147 + 91.258 + 90.752 + 90.081 = JOD361.2 Mil.
Gross Profit was 57.92 + 58.945 + 60.56 + 58.537 = JOD236.0 Mil.
Total Current Assets was JOD232.0 Mil.
Total Assets was JOD813.9 Mil.
Property, Plant and Equipment(Net PPE) was JOD370.0 Mil.
Depreciation, Depletion and Amortization(DDA) was JOD42.2 Mil.
Selling, General, & Admin. Expense(SGA) was JOD32.4 Mil.
Total Current Liabilities was JOD309.3 Mil.
Long-Term Debt & Capital Lease Obligation was JOD137.9 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)
=(138.157 / 364.937) / (155.847 / 361.238)
=0.378578 / 0.431425
=0.8775

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)
=(235.962 / 361.238) / (236.7 / 364.937)
=0.653204 / 0.648605
=1.0071

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 - (235.514 + 377.259) / 810.706) / (1 - (231.973 + 370.045) / 813.873)
=0.244149 / 0.260305
=0.9379

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
=364.937 / 361.238
=1.0102

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))
=(42.235 / (42.235 + 370.045)) / (43.468 / (43.468 + 377.259))
=0.102443 / 0.103316
=0.9916

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)
=(31.204 / 364.937) / (32.441 / 361.238)
=0.085505 / 0.089805
=0.9521

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)
=((131.055 + 318.912) / 810.706) / ((137.862 + 309.256) / 813.873)
=0.555031 / 0.549371
=1.0103

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
=(42.148 - 0 - 129.416) / 810.706
=-0.107644

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.

Jordan Telecommunications Co has a M-score of -3.10 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 -3.10 mean?
Jordan Telecommunications Co (AMM:JTEL) has a Beneish M-Score of -3.10 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Jordan Telecommunications Co and its competitors. According to the industry distribution chart, Jordan Telecommunications Co ranks #79 out of 355 companies in the Telecommunication Services industry, placing it in the top 22.3%.
Is Jordan Telecommunications Co's Beneish M-Score too high?
Jordan Telecommunications Co's current Beneish M-Score is -3.10. Based on the distribution chart, Jordan Telecommunications Co ranks #79 out of 355 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Jordan Telecommunications Co has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jordan Telecommunications Co's Beneish M-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Jordan Telecommunications Co ranks #79 out of 355 companies for Beneish M-Score. This places Jordan Telecommunications Co in the top 22% 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 Telecommunication Services company?
A good Beneish M-Score depends on the Telecommunication 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 Jordan Telecommunications Co and its competitors. Jordan Telecommunications Co's current Beneish M-Score is -3.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jordan Telecommunications Co stock overvalued right now?
Based on GuruFocus' analysis, Jordan Telecommunications Co (AMM:JTEL) is currently considered Modestly Overvalued. The stock's GF Value™ is JOD2.93, compared to a current price of JOD3.64 — trading 24.2% above its estimated fair value. The current Beneish M-Score is -3.10. Jordan Telecommunications Co's overall GF Score™ is 94/100 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 Telecommunications Co (AMM:JTEL), the current Beneish M-Score is -3.10 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.

Is Jordan Telecommunications Co (AMM:JTEL) Overvalued in 2026?

Based on GuruFocus' analysis, Jordan Telecommunications Co stock appears to be overvalued. The current stock price of JOD3.64 is trading 24.2% above its estimated GF Value™ of JOD2.93. GuruFocus considers Jordan Telecommunications Co to be Modestly Overvalued.

Key valuation signals for AMM:JTEL:

  • Beneish M-Score: -3.10
  • GF Value™: JOD2.93 vs. price of JOD3.64 (24.2% above fair value)
  • GF Score™: 94/100 with 4 warning signs

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


Jordan Telecommunications Co Business Description

Address Black Iris Street, Entrance 8, P.O. Box 1689, Abdali, The Boulevard, Amman, JOR, 11118
Jordan Telecommunications Co engages in introduction of a variety of telecommunication, internet, data and mobile payment services. These services include among other services Fixed telephone service (voice + data); Mobile services (voice + data); Services dedicated to enterprises (managed network services and other services such as Data Center, Cloud, or Machine to Machine services); Cybersecurity services; Wholesale services; Satellite data communication services; Electronic Payment Services through Mobile Phone (Orange Money); Development of Renewable Energy Projects; and Electronic Commerce / Distribution. Its segments include Orange Fixed; Orange Mobile; Orange Internet; Renewable Energy; Orange Money; and E-commerce.
94GF Score

Get the complete analysis for AMM:JTEL

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

JOD3.64
Price
JOD2.93
GF Value