Jordan Masaken for Land and Industrial Development Projects (AMM:MSKN) Beneish M-Score: -2.58 (As of Jun. 30, 2026)


AMM:MSKN Jordan Masaken for Land and Industrial Development Projects AMM:MSKN
81 GF Score
Price JOD0.65
GF Value JOD1.19
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Jordan Masaken for Land and Industrial Development Projects Beneish M-Score?

Jordan Masaken for Land and Industrial Development Projects AMM:MSKN 81 Beneish M-Score is -2.58 as of Jun. 30, 2026. GuruFocus rates AMM:MSKN with a GF Score™ of 81/100 and a GF Value™ of JOD1.19 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,684 Real Estate companies, Jordan Masaken for Land and Industrial Development Projects ranks better than 64.31% 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 -2.58 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Jordan Masaken for Land and Industrial Development Projects's Beneish M-Score or its related term are showing as below:

AMM:MSKN' s Beneish M-Score Range Over the Past 10 Years
Min: -3.66   Med: -2.41   Max: -0.88
Current: -2.58

During the past 13 years, the highest Beneish M-Score of Jordan Masaken for Land and Industrial Development Projects was -0.88. The lowest was -3.66. And the median was -2.41.


Jordan Masaken for Land and Industrial Development Projects Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Jordan Masaken for Land and Industrial Development 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.

Jordan Masaken for Land and Industrial Development Projects Beneish M-Score Chart

Jordan Masaken for Land and Industrial Development 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 -1.24 -2.38 -1.99 -2.32 -2.39

Jordan Masaken for Land and Industrial Development 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 -2.25 -2.50 -2.35 -2.39 -2.58

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

For the Real Estate Services subindustry, Jordan Masaken for Land and Industrial Development 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.


Jordan Masaken for Land and Industrial Development Projects Beneish M-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Jordan Masaken for Land and Industrial Development Projects's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Jordan Masaken for Land and Industrial Development Projects's Beneish M-Score falls into.


AMM:MSKN
81GF Score
Jordan Masaken for Land and Industrial Development Projects AMM:MSKN
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jordan Masaken for Land and Industrial Development 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 Jordan Masaken for Land and Industrial Development 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 * 1.1496+0.528 * 1.0352+0.404 * 0.982+0.892 * 1.0389+0.115 * 1.001
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 2.3957+4.679 * 0.00475-0.327 * 1.2115
=-2.58

* 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 JOD0.42 Mil.
Revenue was 0.118 + 0.122 + 0.109 + 0.105 = JOD0.45 Mil.
Gross Profit was 0.063 + 0.131 + 0.031 + 0.052 = JOD0.28 Mil.
Total Current Assets was JOD0.90 Mil.
Total Assets was JOD8.21 Mil.
Property, Plant and Equipment(Net PPE) was JOD0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was JOD0.03 Mil.
Selling, General, & Admin. Expense(SGA) was JOD0.11 Mil.
Total Current Liabilities was JOD0.36 Mil.
Long-Term Debt & Capital Lease Obligation was JOD0.00 Mil.
Net Income was 0.017 + 0.023 + 0.022 + -0.013 = JOD0.05 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = JOD0.00 Mil.
Cash Flow from Operations was -0.028 + -0.003 + 0.043 + -0.002 = JOD0.01 Mil.
Total Receivables was JOD0.36 Mil.
Revenue was 0.11 + 0.116 + 0.106 + 0.105 = JOD0.44 Mil.
Gross Profit was 0.055 + 0.118 + 0.05 + 0.053 = JOD0.28 Mil.
Total Current Assets was JOD0.75 Mil.
Total Assets was JOD8.10 Mil.
Property, Plant and Equipment(Net PPE) was JOD0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was JOD0.03 Mil.
Selling, General, & Admin. Expense(SGA) was JOD0.05 Mil.
Total Current Liabilities was JOD0.29 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)
=(0.424 / 0.454) / (0.355 / 0.437)
=0.933921 / 0.812357
=1.1496

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)
=(0.276 / 0.437) / (0.277 / 0.454)
=0.631579 / 0.610132
=1.0352

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 - (0.896 + 0.001) / 8.21) / (1 - (0.751 + 0.001) / 8.095)
=0.890743 / 0.907103
=0.982

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
=0.454 / 0.437
=1.0389

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))
=(0.031 / (0.031 + 0.001)) / (0.03 / (0.03 + 0.001))
=0.96875 / 0.967742
=1.001

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)
=(0.112 / 0.454) / (0.045 / 0.437)
=0.246696 / 0.102975
=2.3957

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 + 0.36) / 8.21) / ((0 + 0.293) / 8.095)
=0.043849 / 0.036195
=1.2115

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
=(0.049 - 0 - 0.01) / 8.21
=0.00475

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 Masaken for Land and Industrial Development Projects has a M-score of -2.58 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 -2.58 mean?
Jordan Masaken for Land and Industrial Development Projects (AMM:MSKN) has a Beneish M-Score of -2.58 as of Jun. 30, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Jordan Masaken for Land and Industrial Development Projects and its competitors. According to the industry distribution chart, Jordan Masaken for Land and Industrial Development Projects ranks #601 out of 1684 companies in the Real Estate industry, placing it in the top 35.7%.
Is Jordan Masaken for Land and Industrial Development Projects' Beneish M-Score too high?
Jordan Masaken for Land and Industrial Development Projects' current Beneish M-Score is -2.58. Based on the distribution chart, Jordan Masaken for Land and Industrial Development Projects ranks #601 out of 1684 companies in the Real Estate industry, which is above the industry midpoint. Overall, Jordan Masaken for Land and Industrial Development Projects has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jordan Masaken for Land and Industrial Development Projects' Beneish M-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Jordan Masaken for Land and Industrial Development Projects ranks #601 out of 1684 companies for Beneish M-Score. This puts Jordan Masaken for Land and Industrial Development 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 Jordan Masaken for Land and Industrial Development Projects and its competitors. Jordan Masaken for Land and Industrial Development Projects's current Beneish M-Score is -2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jordan Masaken for Land and Industrial Development Projects stock overvalued right now?
Based on GuruFocus' analysis, Jordan Masaken for Land and Industrial Development Projects (AMM:MSKN) is currently considered Significantly Undervalued. The stock's GF Value™ is JOD1.19, compared to a current price of JOD0.65 — trading 45.4% below its estimated fair value. The current Beneish M-Score is -2.58. Jordan Masaken for Land and Industrial Development Projects' overall GF Score™ is 81/100 with 2 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 Masaken for Land and Industrial Development Projects (AMM:MSKN), the current Beneish M-Score is -2.58 as of Jun. 30, 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 Masaken for Land and Industrial Development Projects (AMM:MSKN) Overvalued in 2026?

Based on GuruFocus' analysis, Jordan Masaken for Land and Industrial Development Projects stock appears to be undervalued. The current stock price of JOD0.65 is trading 45.4% below its estimated GF Value™ of JOD1.19. GuruFocus considers Jordan Masaken for Land and Industrial Development Projects to be Significantly Undervalued.

Key valuation signals for AMM:MSKN:

  • Beneish M-Score: -2.58
  • GF Value™: JOD1.19 vs. price of JOD0.65 (45.4% below fair value)
  • GF Score™: 81/100 with 2 warning signs

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


Jordan Masaken for Land and Industrial Development Projects Business Description

Address Al Madina Al Munawwarah Street, P.O. Box 5821, Al Haitham Complex, 5th Floor, Office 509, Amman, JOR, 11953
Jordan Masaken for Land and Industrial Development Projects operates in the real estate sector. The company's primary activities include acquiring land in the Kingdom of Jordan, developing and servicing land plots with infrastructure, and constructing residential housing projects for sale.
81GF Score

Get the complete analysis for AMM:MSKN

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

JOD0.65
Price
JOD1.19
GF Value