Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb (BSP:OUFF11) Beneish M-Score: 0.00 (As of Jun. 26, 2026)


BSP:OUFF11 Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb BSP:OUFF11
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Price R$61.10
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What is Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb Beneish M-Score?

Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb BSP:OUFF11 4 Beneish M-Score is 0.00 as of Jun. 26, 2026. GuruFocus rates BSP:OUFF11 with a GF Score™ of 4/100.

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 Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's Beneish M-Score or its related term are showing as below:

During the past 5 years, the highest Beneish M-Score of Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb was 0.00. The lowest was 0.00. And the median was 0.00.


Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb'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.

Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb Beneish M-Score Chart

Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Beneish M-Score
0.00 0.00 -2.39 0.00 0.00

Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Beneish M-Score 0.00 0.00 -2.39 0.00 0.00

BSP:OUFF11 vs VICI, WPC: Beneish M-Score Comparison

For the REIT - Diversified subindustry, Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb'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.


Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb Beneish M-Score vs REITs Industry

For the REITs industry and Real Estate sector, Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's Beneish M-Score falls into.


BSP:OUFF11
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Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb BSP:OUFF11
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb 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 Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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 (Dec23) TTM:Last Year (Dec22) TTM:
Total Receivables was R$0.04 Mil.
Revenue was R$16.11 Mil.
Gross Profit was R$15.36 Mil.
Total Current Assets was R$136.82 Mil.
Total Assets was R$136.82 Mil.
Property, Plant and Equipment(Net PPE) was R$0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was R$0.00 Mil.
Selling, General, & Admin. Expense(SGA) was R$0.06 Mil.
Total Current Liabilities was R$1.38 Mil.
Long-Term Debt & Capital Lease Obligation was R$0.00 Mil.
Net Income was R$13.19 Mil.
Gross Profit was R$0.00 Mil.
Cash Flow from Operations was R$-0.83 Mil.
Total Receivables was R$0.26 Mil.
Revenue was R$16.18 Mil.
Gross Profit was R$15.39 Mil.
Total Current Assets was R$139.11 Mil.
Total Assets was R$139.11 Mil.
Property, Plant and Equipment(Net PPE) was R$0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was R$0.00 Mil.
Selling, General, & Admin. Expense(SGA) was R$0.05 Mil.
Total Current Liabilities was R$1.40 Mil.
Long-Term Debt & Capital Lease Obligation was R$0.00 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)
=(0.041 / 16.113) / (0.259 / 16.178)
=0.002545 / 0.016009
=

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)
=(15.394 / 16.178) / (15.356 / 16.113)
=0.951539 / 0.953019
=

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 - (136.817 + 0) / 136.817) / (1 - (139.112 + 0) / 139.112)
=0 / 0
=

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
=16.113 / 16.178
=

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 / (0 + 0)) / (0 / (0 + 0))
= /
=

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)
=(0.062 / 16.113) / (0.049 / 16.178)
=0.003848 / 0.003029
=

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 + 1.38) / 136.817) / ((0 + 1.404) / 139.112)
=0.010086 / 0.010093
=

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
=(13.188 - 0 - -0.829) / 136.817
=0.102451

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.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb (BSP:OUFF11) has a Beneish M-Score of 0.00 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb and its competitors.
Is Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's Beneish M-Score too high?
Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's current Beneish M-Score is 0.00. Overall, Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's Beneish M-Score compare to VICI and WPC?
Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's Beneish M-Score of 0.00 can be compared against companies in the REITs 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 Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb and its competitors. Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb'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 Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb stock overvalued right now?
Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb (BSP:OUFF11) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb's overall GF Score™ is 4/100. 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 Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb (BSP:OUFF11), the current Beneish M-Score is 0.00 as of Jun. 26, 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.

Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb Business Description

Industry Real EstateREITs
Address Av. Paulista, No. 1,728, SLJ, st, 2nd, 3rd, 4th, 5th, 7th, floors 11th, Bela Vista, Sao Paulo, SP, BRA, 01310919
Fundo DE Investimento Imobiliario Ourinvest Fundo DE Fundos DE Inv Imb operates as a real estate investment fund.
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