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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 -2.65 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Digital Realty Trust's Beneish M-Score or its related term are showing as below:
BSP:D1LR34'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.76 Med: -2.5 Max: -1.86
Current: -2.65
During the past 13 years, the highest Beneish M-Score of Digital Realty Trust was -1.86. The lowest was -2.76. And the median was -2.50.
Digital Realty Trust Beneish M-Score Related Terms
Digital Realty Trust Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Digital Realty 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.
BSP:D1LR34 vs AMT, IRM, CCI: Beneish M-Score Comparison
For the REIT - Specialty subindustry, Digital Realty 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.
Digital Realty Trust Beneish M-Score vs REITs Industry
For the REITs industry and Real Estate sector, Digital Realty Trust's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Digital Realty Trust'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 Digital Realty 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 * 0.8874
+
0.528 * 0.9914
+
0.404 * 1.0211
+
0.892 * 1.0657
+
0.115 * 0.9329
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0848
+
4.679 * -0.043789
-
0.327 * 0.9926
=
-2.75
* 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))
=
(10167.322 / (10167.322 + 6713.507))
/
(10527.364 / (10527.364 + 5779.126))
=
0.6023
/
0.645594
=
0.9329
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
=
(7563.526 - 4988.074
-
13764.207)
/
255518.115
=
-0.043789
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.
Digital Realty Trust has a M-score of -2.75 suggests that the company is unlikely to be a manipulator.
Digital Realty Trust (BSP:D1LR34) has a Beneish M-Score of -2.65 as of Jul. 14, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Digital Realty Trust and its competitors. According to the industry distribution chart, Digital Realty Trust ranks #246 out of 758 companies in the REITs industry, placing it in the top 32.5%.
Is Digital Realty Trust's Beneish M-Score too high?
Digital Realty Trust's current Beneish M-Score is -2.65. Based on the distribution chart, Digital Realty Trust ranks #246 out of 758 companies in the REITs industry, which is above the industry midpoint. Overall, Digital Realty Trust has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Digital Realty Trust's Beneish M-Score compare to AMT and IRM?
According to the REITs industry distribution chart, Digital Realty Trust ranks #246 out of 758 companies for Beneish M-Score. This puts Digital Realty Trust 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 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 Digital Realty Trust and its competitors. Digital Realty Trust's current Beneish M-Score is -2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Digital Realty Trust (BSP:D1LR34) is currently considered Fairly Valued. The stock's GF Value™ is R$214.84, compared to a current price of R$228.42 — trading 6.3% above its estimated fair value. The current Beneish M-Score is -2.65. Digital Realty Trust's overall GF Score™ is 81/100 with 7 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 Digital Realty Trust (BSP:D1LR34), the current Beneish M-Score is -2.65 as of Jul. 14, 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 Digital Realty Trust (BSP:D1LR34) Overvalued in 2026?
Based on GuruFocus' analysis, Digital Realty Trust stock appears to be overvalued.
The current stock price of R$228.42 is trading 6.3% above its estimated GF Value™ of R$214.84.
GuruFocus considers Digital Realty Trust to be Fairly Valued.
Key valuation signals for BSP:D1LR34:
Beneish M-Score: -2.65
GF Value™: R$214.84 vs. price of R$228.42 (6.3% above fair value)
No single metric tells the full story. See the BSP:D1LR34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Digital Realty is one of the leading providers of cloud- and carrier-neutral data centers, offering colocation and interconnection services to hyperscalers and large businesses. Digital Realty operates 300 properties in 57 metropolitan areas across 31 countries, serving 5,000 customers. Renting physical space accounts for about 90% of Digital Realty's revenue. The firm enables hyperscalers and other clients to store servers, data, and networking equipment. The other 10% of revenue is generated primarily through interconnection services (8%) and other fee income (2%).
81GF Score
Get the complete analysis for BSP:D1LR34
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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