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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 -2.83 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for ZoomInfo Technologies's Beneish M-Score or its related term are showing as below:
BSP:Z2IT34'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.13 Med: -2.56 Max: -1.9
Current: -2.83
During the past 8 years, the highest Beneish M-Score of ZoomInfo Technologies was -1.90. The lowest was -3.13. And the median was -2.56.
ZoomInfo Technologies Beneish M-Score Related Terms
ZoomInfo Technologies Beneish M-Score Historical Data
* Premium members only.
The historical data trend for ZoomInfo Technologies'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:Z2IT34 vs RDVT, MITK, IBTA: Beneish M-Score Comparison
For the Software - Application subindustry, ZoomInfo Technologies'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.
ZoomInfo Technologies Beneish M-Score vs Software Industry
For the Software industry and Technology sector, ZoomInfo Technologies's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where ZoomInfo Technologies'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 ZoomInfo Technologies 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 * 0.8057
+
0.528 * 1.0021
+
0.404 * 0.9865
+
0.892 * 0.9815
+
0.115 * 1.2098
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.8809
+
4.679 * -0.056235
-
0.327 * 1.0792
=
-2.92
* 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))
=
(500.532 / (500.532 + 1191.927))
/
(475.623 / (475.623 + 1470.041))
=
0.295742
/
0.244453
=
1.2098
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
=
(683.187 - 66.715
-
2489.715)
/
33310.983
=
-0.056235
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.
ZoomInfo Technologies has a M-score of -2.92 suggests that the company is unlikely to be a manipulator.
ZoomInfo Technologies (BSP:Z2IT34) has a Beneish M-Score of -2.83 as of Jul. 15, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on ZoomInfo Technologies and its competitors. According to the industry distribution chart, ZoomInfo Technologies ranks #801 out of 2628 companies in the Software industry, placing it in the top 30.5%.
Is ZoomInfo Technologies' Beneish M-Score too high?
ZoomInfo Technologies' current Beneish M-Score is -2.83. Based on the distribution chart, ZoomInfo Technologies ranks #801 out of 2628 companies in the Software industry, which is above the industry midpoint. Overall, ZoomInfo Technologies has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ZoomInfo Technologies' Beneish M-Score compare to RDVT and MITK?
According to the Software industry distribution chart, ZoomInfo Technologies ranks #801 out of 2628 companies for Beneish M-Score. This puts ZoomInfo Technologies 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 Software company?
A good Beneish M-Score depends on the Software 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 ZoomInfo Technologies and its competitors. ZoomInfo Technologies's current Beneish M-Score is -2.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZoomInfo Technologies stock overvalued right now?
Based on GuruFocus' analysis, ZoomInfo Technologies (BSP:Z2IT34) is currently considered Possible Value Trap. The stock's GF Value™ is R$8.12, compared to a current price of R$1.90 — trading 76.6% below its estimated fair value. The current Beneish M-Score is -2.83. ZoomInfo Technologies' overall GF Score™ is 38/100 with 3 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 ZoomInfo Technologies (BSP:Z2IT34), the current Beneish M-Score is -2.83 as of Jul. 15, 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 ZoomInfo Technologies (BSP:Z2IT34) Overvalued in 2026?
Based on GuruFocus' analysis, ZoomInfo Technologies stock appears to be undervalued.
The current stock price of R$1.90 is trading 76.6% below its estimated GF Value™ of R$8.12.
GuruFocus considers ZoomInfo Technologies to be Possible Value Trap.
Key valuation signals for BSP:Z2IT34:
Beneish M-Score: -2.83
GF Value™: R$8.12 vs. price of R$1.90 (76.6% below fair value)
No single metric tells the full story. See the BSP:Z2IT34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZoomInfo Technologies Inc provides a go-to-market intelligence platform. Its cloud-based operating system for revenue professionals delivers comprehensive intelligence and analytics to provide sales, marketing, operations, and recruiting professionals with accurate information and insights on their target organizations and professionals. The company's customer base comprises businesses operating across different industry verticals, including software, business services, manufacturing, financial services, transportation, education, etc. Its core paid products are ZoomInfo Copilot, ZoomInfo Sales, ZoomInfo Marketing, ZoomInfo Operations, and ZoomInfo Talent, along with a free community edition, ZoomInfo Lite. Geographically, the company derives maximum revenue from the United States.
38GF Score
Get the complete analysis for BSP:Z2IT34
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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