BRST (Broad Street Realty) Beneish M-Score: 0.00 (As of Aug. 02, 2026)

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What is Broad Street Realty Beneish M-Score?

Broad Street Realty BRST Beneish M-Score is 0.00 as of Aug. 02, 2026.

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 Broad Street Realty's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Broad Street Realty was 0.00. The lowest was 0.00. And the median was 0.00.


Broad Street Realty Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Broad Street Realty'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.

Broad Street Realty Beneish M-Score Chart

Broad Street Realty Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.66 -2.52 -2.04 -2.41 -2.54

Broad Street Realty Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 -2.48 -2.48 -2.54 -2.41 -5.36

BRST vs AOXY, GMPW, CSUI: Beneish M-Score Comparison

For the Real Estate Services subindustry, Broad Street Realty'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.


Broad Street Realty Beneish M-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Broad Street Realty's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Broad Street Realty's Beneish M-Score falls into.



Broad Street Realty 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 Broad Street Realty 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 * 0.2266+0.528 * 0.9951+0.404 * 1.013+0.892 * 0.8094+0.115 * 0.9897
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.1654+4.679 * -0.479567-0.327 * 0.179
=-5.36

* 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 (Jun25) TTM:Last Year (Jun24) TTM:
Total Receivables was $1.15 Mil.
Revenue was 0.841 + 10.606 + 10.93 + 10.213 = $32.59 Mil.
Gross Profit was 0.534 + 6.925 + 7.276 + 6.906 = $21.64 Mil.
Total Current Assets was $2.07 Mil.
Total Assets was $37.59 Mil.
Property, Plant and Equipment(Net PPE) was $0.83 Mil.
Depreciation, Depletion and Amortization(DDA) was $11.13 Mil.
Selling, General, & Admin. Expense(SGA) was $11.36 Mil.
Total Current Liabilities was $3.54 Mil.
Long-Term Debt & Capital Lease Obligation was $0.94 Mil.
Net Income was 38.418 + -4.277 + -1.162 + -4.917 = $28.06 Mil.
Non Operating Income was 47.558 + -0.795 + 1.323 + -2.112 = $45.97 Mil.
Cash Flow from Operations was 0.177 + -1.008 + 0.95 + -0.006 = $0.11 Mil.
Total Receivables was $6.26 Mil.
Revenue was 10.131 + 10.071 + 10.017 + 10.047 = $40.27 Mil.
Gross Profit was 6.753 + 6.644 + 6.882 + 6.327 = $26.61 Mil.
Total Current Assets was $30.07 Mil.
Total Assets was $353.10 Mil.
Property, Plant and Equipment(Net PPE) was $1.36 Mil.
Depreciation, Depletion and Amortization(DDA) was $15.86 Mil.
Selling, General, & Admin. Expense(SGA) was $12.04 Mil.
Total Current Liabilities was $10.98 Mil.
Long-Term Debt & Capital Lease Obligation was $223.93 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)
=(1.149 / 32.59) / (6.264 / 40.266)
=0.035256 / 0.155565
=0.2266

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)
=(26.606 / 40.266) / (21.641 / 32.59)
=0.660756 / 0.664038
=0.9951

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 - (2.071 + 0.829) / 37.586) / (1 - (30.067 + 1.36) / 353.098)
=0.922844 / 0.910996
=1.013

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
=32.59 / 40.266
=0.8094

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))
=(15.864 / (15.864 + 1.36)) / (11.128 / (11.128 + 0.829))
=0.92104 / 0.930668
=0.9897

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)
=(11.359 / 32.59) / (12.043 / 40.266)
=0.348542 / 0.299086
=1.1654

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)
=((0.935 + 3.54) / 37.586) / ((223.932 + 10.978) / 353.098)
=0.11906 / 0.665283
=0.179

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
=(28.062 - 45.974 - 0.113) / 37.586
=-0.479567

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.

Broad Street Realty has a M-score of -5.36 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 0.00 mean?
Broad Street Realty (BRST) has a Beneish M-Score of 0.00 as of Aug. 02, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Broad Street Realty and its competitors.
Is Broad Street Realty's Beneish M-Score too high?
Broad Street Realty's current Beneish M-Score is 0.00.
How does Broad Street Realty's Beneish M-Score compare to AOXY and GMPW?
Broad Street Realty's Beneish M-Score of 0.00 can be compared against companies in the Real Estate 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 Broad Street Realty and its competitors. Broad Street Realty'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 Broad Street Realty stock overvalued right now?
Broad Street Realty (BRST) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. 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 Broad Street Realty (BRST), the current Beneish M-Score is 0.00 as of Aug. 02, 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.

Broad Street Realty Business Description

Address 11911 Freedom Drive, Suite 450, Reston, VA, USA, 20190
Broad Street Realty Inc is a fully integrated real estate company. It owns, operates, develops, and redevelops grocery-anchored shopping centers and street retail-based properties in the Mid-Atlantic and Denver, Colorado markets. In addition, it provides commercial real estate brokerage services for its own portfolio and third-party office, industrial and retail operators, and tenants. The company earns revenue from leases of real estate properties, leasing commissions, property and asset management, engineering services, development services, and capital transactions.