Black Diamond GroupBDIMF 80 Beneish M-Score is -2.35 as of Jun. 25, 2026. GuruFocus rates BDIMF with a GF Score™ of 80/100 and a GF Value™ of $7.61 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,020 Business Services companies, Black Diamond Group ranks worse than 65.29% 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 -2.35 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Black Diamond Group's Beneish M-Score or its related term are showing as below:
BDIMF'
s Beneish M-Score Range Over the Past 10 Years
Min: -4.25 Med: -2.89 Max: -1.86
Current: -2.35
During the past 13 years, the highest Beneish M-Score of Black Diamond Group was -1.86. The lowest was -4.25. And the median was -2.89.
Black Diamond Group Beneish M-Score Related Terms
Black Diamond Group Beneish M-Score Historical Data
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The historical data trend for Black Diamond Group'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.
BDIMF vs URI, SUNB, AER: Beneish M-Score Comparison
For the Rental & Leasing Services subindustry, Black Diamond Group'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.
Black Diamond Group Beneish M-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Black Diamond Group's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Black Diamond Group's Beneish M-Score falls into.
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 Black Diamond Group 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 * 1.2178
+
0.528 * 1.0187
+
0.404 * 1.5991
+
0.892 * 1.1413
+
0.115 * 1.1694
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0239
+
4.679 * -0.087291
-
0.327 * 1.0101
=
-2.30
* 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.
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.
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))
=
(36.24 / (36.24 + 422.194))
/
(42.085 / (42.085 + 580.469))
=
0.079052
/
0.067601
=
1.1694
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
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
=
(23.013 - 3.705
-
84.692)
/
749.034
=
-0.087291
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.
Black Diamond Group has a M-score of -2.30 suggests that the company is unlikely to be a manipulator.
Black Diamond Group (BDIMF) has a Beneish M-Score of -2.35 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Black Diamond Group and its competitors. According to the industry distribution chart, Black Diamond Group ranks #666 out of 1020 companies in the Business Services industry, placing it in the top 65.3%.
Is Black Diamond Group's Beneish M-Score too high?
Black Diamond Group's current Beneish M-Score is -2.35. Based on the distribution chart, Black Diamond Group ranks #666 out of 1020 companies in the Business Services industry, which is below the industry midpoint. Overall, Black Diamond Group has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Black Diamond Group's Beneish M-Score compare to URI and SUNB?
According to the Business Services industry distribution chart, Black Diamond Group ranks #666 out of 1020 companies for Beneish M-Score. This places Black Diamond Group 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 Business Services company?
A good Beneish M-Score depends on the Business 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 Black Diamond Group and its competitors. Black Diamond Group's current Beneish M-Score is -2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Diamond Group stock overvalued right now?
Based on GuruFocus' analysis, Black Diamond Group (BDIMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.61, compared to a current price of $13.22 — trading 73.7% above its estimated fair value. The current Beneish M-Score is -2.35. Black Diamond Group's overall GF Score™ is 80/100 with 9 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 Black Diamond Group (BDIMF), the current Beneish M-Score is -2.35 as of Jun. 25, 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 Black Diamond Group (BDIMF) Overvalued in 2026?
Based on GuruFocus' analysis, Black Diamond Group stock appears to be overvalued.
The current stock price of $13.22 is trading 73.7% above its estimated GF Value™ of $7.61.
GuruFocus considers Black Diamond Group to be Significantly Overvalued.
Key valuation signals for BDIMF:
Beneish M-Score: -2.35
GF Value™: $7.61 vs. price of $13.22 (73.7% above fair value)
No single metric tells the full story. See the BDIMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Black Diamond Group Ltd is a specialty rentals and industrial services company with two operating business units - Modular Space Solutions and Workforce Solutions, which operate in Canada, the United States and Australia. Modular Space Solutions provides modular space rentals to customers throughout North America. Workforce Solutions provides workforce housing solutions including rental of accommodations and surface equipment, provision of full turnkey lodge services and provision of travel management logistics through the company's online digital marketplace, LodgeLink. The majority of the company's revenue is derived from the Workforce Solutions business. Canadally, it generates the maximum revenue from Canada.
80GF Score
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