Weebit Nano (ASX:WBT) Beneish M-Score: -0.56 (As of Jun. 27, 2026)

What is Weebit Nano Beneish M-Score?

Weebit Nano ASX:WBT -4.09% 28 Beneish M-Score is -0.56 as of Jun. 27, 2026. GuruFocus rates ASX:WBT with a GF Score™ of 28/100. The stock has 5 warning signs investors should review. Among 987 Semiconductors companies, Weebit Nano ranks worse than 92.2% 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.

Warning Sign:

Beneish M-Score -0.56 higher than -1.78, which implies that the company might have manipulated its financial results.

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

ASX:WBT' s Beneish M-Score Range Over the Past 10 Years
Min: -0.56 Med: -0.56 Max: -0.56
Current: -0.56

During the past 13 years, the highest Beneish M-Score of Weebit Nano was -0.56. The lowest was -0.56. And the median was -0.56.

Weebit Nano Beneish M-Score Related Terms

Weebit Nano Beneish M-Score Historical Data

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The historical data trend for Weebit Nano'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.

Weebit Nano Beneish M-Score Chart

Weebit Nano Annual Data

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Beneish M-Score

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0.00

-0.56

Weebit Nano Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Beneish M-Score	Get a 7-Day Free Trial															0.00	0.00	0.00	-0.56	0.00

ASX:WBT vs NVDA, AVGO, MU: Beneish M-Score Comparison

For the Semiconductors subindustry, Weebit Nano'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.

Weebit Nano Beneish M-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Weebit Nano's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Weebit Nano's Beneish M-Score falls into.

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Weebit Nano Ltd ASX:WBT

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

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Weebit Nano 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 Weebit Nano for today is based on a combination of the following eight different indices:

-4.84

0.92 * DSRI

0.528 * GMI

0.404 * AQI

0.892 * SGI

0.115 * DEPI

-4.84

0.92 * 0.8935

0.528 * 1

0.404 * 0.3521

0.892 * 4.331

0.115 * 0.6524

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 0.2879

4.679 * -0.15744

0.327 * 1.1133

-0.56

This Year (Jun25) TTM:

Last Year (Jun24) TTM:

Total Receivables was A$6.11 Mil.
Revenue was A$4.41 Mil.
Gross Profit was A$4.41 Mil.
Total Current Assets was A$95.30 Mil.
Total Assets was A$96.95 Mil.
Property, Plant and Equipment(Net PPE) was A$1.64 Mil.
Depreciation, Depletion and Amortization(DDA) was A$0.40 Mil.
Selling, General, & Admin. Expense(SGA) was A$19.97 Mil.
Total Current Liabilities was A$6.65 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.12 Mil.
Net Income was A$-38.39 Mil.
Gross Profit was A$0.00 Mil.
Cash Flow from Operations was A$-23.12 Mil.

Total Receivables was A$1.58 Mil.
Revenue was A$1.02 Mil.
Gross Profit was A$1.02 Mil.
Total Current Assets was A$64.41 Mil.
Total Assets was A$66.03 Mil.
Property, Plant and Equipment(Net PPE) was A$1.59 Mil.
Depreciation, Depletion and Amortization(DDA) was A$0.23 Mil.
Selling, General, & Admin. Expense(SGA) was A$16.02 Mil.
Total Current Liabilities was A$3.95 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.20 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)
	=	(6.114 / 4.409)	/	(1.58 / 1.018)
	=	1.386709	/	1.552063
	=	0.8935

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)
	=	(1.018 / 1.018)	/	(4.409 / 4.409)
	=	1	/	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 - (95.301 + 1.636) / 96.951)	/	(1 - (64.411 + 1.589) / 66.027)
	=	0.000144	/	0.000409
	=	0.3521

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
	=	4.409	/	1.018
	=	4.331

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))
	=	(0.232 / (0.232 + 1.589))	/	(0.397 / (0.397 + 1.636))
	=	0.127403	/	0.195278
	=	0.6524

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)
	=	(19.972 / 4.409)	/	(16.019 / 1.018)
	=	4.529825	/	15.735756
	=	0.2879

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)
	=	((0.12 + 6.648) / 96.951)	/	((0.195 + 3.945) / 66.027)
	=	0.069808	/	0.062702
	=	1.1133

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
	=	(-38.385 - 0	-	-23.121)	/	96.951
	=	-0.15744

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.

Weebit Nano has a M-score of -0.56 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 -0.56 mean?

Weebit Nano (ASX:WBT) has a Beneish M-Score of -0.56 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Weebit Nano and its competitors. According to the industry distribution chart, Weebit Nano ranks #910 out of 987 companies in the Semiconductors industry, placing it in the top 92.2%.

Is Weebit Nano's Beneish M-Score too high?

Weebit Nano's current Beneish M-Score is -0.56. Based on the distribution chart, Weebit Nano ranks #910 out of 987 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Weebit Nano has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.

How does Weebit Nano's Beneish M-Score compare to NVDA and AVGO?

According to the Semiconductors industry distribution chart, Weebit Nano ranks #910 out of 987 companies for Beneish M-Score. This places Weebit Nano 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 a Semiconductors company?

A good Beneish M-Score depends on the Semiconductors 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 Weebit Nano and its competitors. Weebit Nano's current Beneish M-Score is -0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Weebit Nano stock overvalued right now?

Weebit Nano (ASX:WBT) has a current Beneish M-Score of -0.56. The current Beneish M-Score is -0.56. Weebit Nano's overall GF Score™ is 28/100 with 5 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 Weebit Nano (ASX:WBT), the current Beneish M-Score is -0.56 as of Jun. 27, 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.

Weebit Nano Business Description

Industry Technology Semiconductors

Comparable Companies ASX:SLX ASX:BRN ASX:AXE ASX:4DS NVDA AVGO TPE:2330 XKRX:000660 MU AMD INTC TXN QCOM TSE:285A TPE:2454 ADI MRVL XTER:IFX SHSE:688256 XKRX:402340

Other Exchanges WBTNF:USA 6RI:Germany

Address 161 Castlereagh Street, Liberty Place, Level 41, Sydney, NSW, AUS, 2000

Website https://www.weebit-nano.com

Weebit Nano Ltd is a developer and licensor of semiconductor memory technology. The company's Resistive RAM (ReRAM) addresses the growing need for significantly higher performance and lower power memory solutions in a range of new electronic products such as Internet of Things (IoT) devices, smartphones, robotics, autonomous vehicles, 5G communications and artificial intelligence. Weebit ReRAM is designed to enable semiconductor memory elements to be significantly faster, less expensive, more reliable and more energy efficient than those using existing flash memory solutions.

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