Camden Property Trust (BSP:C2PT34) Beneish M-Score: -3.01 (As of Aug. 21, 2026)

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BSP:C2PT34 Camden Property Trust BSP:C2PT34
73 GF Score
Price R$37.32
GF Value R$37.80
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Camden Property Trust Beneish M-Score?

Camden Property Trust BSP:C2PT34 73 Beneish M-Score is -3.01 as of Aug. 21, 2026. GuruFocus rates BSP:C2PT34 with a GF Score™ of 73/100 and a GF Value™ of R$37.80 (Fairly Valued). The stock has 9 warning signs investors should review. Among 741 REITs companies, Camden Property Trust ranks better than 89.61% 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 -3.01 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

BSP:C2PT34' s Beneish M-Score Range Over the Past 10 Years
Min: -3.05   Med: -2.83   Max: -2.39
Current: -3.01

During the past 13 years, the highest Beneish M-Score of Camden Property Trust was -2.39. The lowest was -3.05. And the median was -2.83.


Camden Property Trust Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Camden Property Trust'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.

Camden Property Trust Beneish M-Score Chart

Camden Property Trust 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 -2.80 -2.91 -2.87 -3.04 -2.88

Camden Property Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -2.93 -2.85 -2.88 -2.97 -3.01

BSP:C2PT34 vs AMH, ELS, UDR: Beneish M-Score Comparison

For the REIT - Residential subindustry, Camden Property Trust'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.


Camden Property Trust Beneish M-Score vs REITs Industry

For the REITs industry and Real Estate sector, Camden Property Trust's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Camden Property Trust's Beneish M-Score falls into.


BSP:C2PT34
73GF Score
Camden Property Trust BSP:C2PT34
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Camden Property Trust 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 Camden Property Trust 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 * 0.9023+0.528 * 0.9986+0.404 * 0.9326+0.892 * 0.9275+0.115 * 1
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0362+4.679 * -0.075269-0.327 * 1.2084
=-3.09

* 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 (Jun26) TTM:Last Year (Jun25) TTM:
Total Receivables was R$41 Mil.
Revenue was 2013.484 + 2033.127 + 2132.055 + 2122.01 = R$8,301 Mil.
Gross Profit was 1229.917 + 1243.52 + 1326.172 + 1287.935 = R$5,088 Mil.
Total Current Assets was R$3,530 Mil.
Total Assets was R$48,454 Mil.
Property, Plant and Equipment(Net PPE) was R$0 Mil.
Depreciation, Depletion and Amortization(DDA) was R$3,264 Mil.
Selling, General, & Admin. Expense(SGA) was R$405 Mil.
Total Current Liabilities was R$7,284 Mil.
Long-Term Debt & Capital Lease Obligation was R$19,939 Mil.
Net Income was 96.282 + 221.991 + 851.286 + 584.213 = R$1,754 Mil.
Non Operating Income was -2.05 + 37.627 + 627.711 + 459.314 = R$1,123 Mil.
Cash Flow from Operations was 1084.244 + 774.53 + 1073.764 + 1345.722 = R$4,278 Mil.
Total Receivables was R$49 Mil.
Revenue was 2198.96 + 2248.912 + 2356.932 + 2144.413 = R$8,949 Mil.
Gross Profit was 1344.84 + 1385.278 + 1454.326 + 1292.7 = R$5,477 Mil.
Total Current Assets was R$296 Mil.
Total Assets was R$50,575 Mil.
Property, Plant and Equipment(Net PPE) was R$0 Mil.
Depreciation, Depletion and Amortization(DDA) was R$3,398 Mil.
Selling, General, & Admin. Expense(SGA) was R$421 Mil.
Total Current Liabilities was R$5,155 Mil.
Long-Term Debt & Capital Lease Obligation was R$18,359 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)
=(41.264 / 8300.676) / (49.297 / 8949.217)
=0.004971 / 0.005509
=0.9023

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)
=(5477.144 / 8949.217) / (5087.544 / 8300.676)
=0.612025 / 0.612907
=0.9986

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 - (3529.659 + 0) / 48453.9) / (1 - (296.334 + 0) / 50575.328)
=0.927154 / 0.994141
=0.9326

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
=8300.676 / 8949.217
=0.9275

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))
=(3398.161 / (3398.161 + 0)) / (3264.266 / (3264.266 + 0))
=1 / 1
=1

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)
=(404.84 / 8300.676) / (421.22 / 8949.217)
=0.048772 / 0.047068
=1.0362

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)
=((19939.18 + 7284.123) / 48453.9) / ((18358.683 + 5155.259) / 50575.328)
=0.561839 / 0.464929
=1.2084

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
=(1753.772 - 1122.602 - 4278.26) / 48453.9
=-0.075269

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.

Camden Property Trust has a M-score of -3.09 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 -3.01 mean?
Camden Property Trust (BSP:C2PT34) has a Beneish M-Score of -3.01 as of Aug. 21, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Camden Property Trust and its competitors. According to the industry distribution chart, Camden Property Trust ranks #77 out of 741 companies in the REITs industry, placing it in the top 10.4%.
Is Camden Property Trust's Beneish M-Score too high?
Camden Property Trust's current Beneish M-Score is -3.01. Based on the distribution chart, Camden Property Trust ranks #77 out of 741 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Camden Property Trust has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Camden Property Trust's Beneish M-Score compare to AMH and ELS?
According to the REITs industry distribution chart, Camden Property Trust ranks #77 out of 741 companies for Beneish M-Score. This places Camden Property Trust in the top 10% 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 REITs company?
A good Beneish M-Score depends on the REITs 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 Camden Property Trust and its competitors. Camden Property Trust's current Beneish M-Score is -3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Camden Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Camden Property Trust (BSP:C2PT34) is currently considered Fairly Valued. The stock's GF Value™ is R$37.80, compared to a current price of R$37.32 — trading 1.3% below its estimated fair value. The current Beneish M-Score is -3.01. Camden Property Trust's overall GF Score™ is 73/100 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 Camden Property Trust (BSP:C2PT34), the current Beneish M-Score is -3.01 as of Aug. 21, 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 Camden Property Trust (BSP:C2PT34) Overvalued in 2026?

Based on GuruFocus' analysis, Camden Property Trust stock appears to be undervalued. The current stock price of R$37.32 is trading 1.3% below its estimated GF Value™ of R$37.80. GuruFocus considers Camden Property Trust to be Fairly Valued.

Key valuation signals for BSP:C2PT34:

  • Beneish M-Score: -3.01
  • GF Value™: R$37.80 vs. price of R$37.32 (1.3% below fair value)
  • GF Score™: 73/100 with 9 warning signs

No single metric tells the full story. See the BSP:C2PT34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Camden Property Trust Business Description

Industry Real EstateREITs
Other Exchanges CPT:USACAL:Germany
Address 2800 Post Oak Boulevard, Suite 2700, Houston, TX, USA, 77056
Camden Property Trust is a real estate investment trust engaged in the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. It owned interests in, operated, or developing nearly 175 multifamily properties comprised of nearly 59,921 apartment homes across the United States.
73GF Score

Get the complete analysis for BSP:C2PT34

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

R$37.32
Price
R$37.80
GF Value