CBKCQ (Christopher & Banks) Beneish M-Score: 0.00 (As of Jun. 25, 2026)


CBKCQ Christopher & Banks Corp CBKCQ
12 GF Score
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What is Christopher & Banks Beneish M-Score?

Christopher & Banks CBKCQ 12 Beneish M-Score is 0.00 as of Jun. 25, 2026. GuruFocus rates CBKCQ with a GF Score™ of 12/100.

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 Christopher & Banks's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Christopher & Banks was 0.00. The lowest was 0.00. And the median was 0.00.

Christopher & Banks Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Christopher & Banks'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.

Christopher & Banks Beneish M-Score Chart

Christopher & Banks Annual Data
Trend Feb11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.60 -3.51 -2.80 -2.88 -2.79

Christopher & Banks Quarterly Data
Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20
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 -2.61 -2.79 -3.60 -2.99 -2.96

CBKCQ vs FRAN, IVDN, ASNA: Beneish M-Score Comparison

For the Apparel Retail subindustry, Christopher & Banks'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.

Christopher & Banks Beneish M-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Christopher & Banks's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Christopher & Banks's Beneish M-Score falls into.


CBKCQ
12GF Score
Christopher & Banks Corp CBKCQ
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Christopher & Banks 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 Christopher & Banks 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 * 0.9541+0.528 * 1.4432+0.404 * 1.8485+0.892 * 0.7522+0.115 * 0.938
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0724+4.679 * -0.139658-0.327 * 1.2693
=-2.93

* 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 (Oct20) TTM:Last Year (Oct19) TTM:
Total Receivables was $3.6 Mil.
Revenue was 72.797 + 58.481 + 40.125 + 88.126 = $259.5 Mil.
Gross Profit was 17.935 + 6.38 + 3.724 + 26.813 = $54.9 Mil.
Total Current Assets was $56.2 Mil.
Total Assets was $172.8 Mil.
Property, Plant and Equipment(Net PPE) was $115.0 Mil.
Depreciation, Depletion and Amortization(DDA) was $7.8 Mil.
Selling, General, & Admin. Expense(SGA) was $94.1 Mil.
Total Current Liabilities was $100.0 Mil.
Long-Term Debt & Capital Lease Obligation was $103.3 Mil.
Net Income was -10.808 + -15.094 + -17.238 + -5.088 = $-48.2 Mil.
Non Operating Income was -0.181 + 0 + -0.264 + 0 = $-0.4 Mil.
Cash Flow from Operations was -10.695 + 5.095 + -24.024 + 5.979 = $-23.6 Mil.
 Total Receivables was $5.0 Mil.
Revenue was 94.061 + 83.443 + 83.22 + 84.293 = $345.0 Mil.
Gross Profit was 31.926 + 24.474 + 25.614 + 23.222 = $105.2 Mil.
Total Current Assets was $57.7 Mil.
Total Assets was $200.7 Mil.
Property, Plant and Equipment(Net PPE) was $141.9 Mil.
Depreciation, Depletion and Amortization(DDA) was $8.9 Mil.
Selling, General, & Admin. Expense(SGA) was $116.7 Mil.
Total Current Liabilities was $79.8 Mil.
Long-Term Debt & Capital Lease Obligation was $106.1 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)
=(3.571 / 259.529) / (4.976 / 345.017)
=0.01376 / 0.014422
=0.9541

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)
=(105.236 / 345.017) / (54.852 / 259.529)
=0.305017 / 0.211352
=1.4432

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 - (56.158 + 114.984) / 172.836) / (1 - (57.708 + 141.889) / 200.661)
=0.009801 / 0.005302
=1.8485

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
=259.529 / 345.017
=0.7522

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))
=(8.94 / (8.94 + 141.889)) / (7.756 / (7.756 + 114.984))
=0.059272 / 0.06319
=0.938

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)
=(94.122 / 259.529) / (116.673 / 345.017)
=0.362665 / 0.338166
=1.0724

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)
=((103.297 + 99.997) / 172.836) / ((106.146 + 79.806) / 200.661)
=1.176225 / 0.926697
=1.2693

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
=(-48.228 - -0.445 - -23.645) / 172.836
=-0.139658

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.

Christopher & Banks has a M-score of -2.93 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?
Christopher & Banks (CBKCQ) has a Beneish M-Score of 0.00 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Christopher & Banks and its competitors.
Is Christopher & Banks' Beneish M-Score too high?
Christopher & Banks' current Beneish M-Score is 0.00. Overall, Christopher & Banks has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Christopher & Banks' Beneish M-Score compare to FRAN and IVDN?
Christopher & Banks' Beneish M-Score of 0.00 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Beneish M-Score depends on the Retail - Cyclical 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 Christopher & Banks and its competitors. Christopher & Banks'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 Christopher & Banks stock overvalued right now?
Christopher & Banks (CBKCQ) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Christopher & Banks' overall GF Score™ is 12/100. 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 Christopher & Banks (CBKCQ), the current Beneish M-Score is 0.00 as of Jun. 25, 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.

Christopher & Banks Business Description

Address 2400 Xenium Lane North, Plymouth, MN, USA, 55441
Christopher & Banks Corp is a national specialty retailer. The company through its wholly owned subsidiaries operates retail stores selling women's apparel and accessories in the United States. The company operates in Retail Operations which includes the operation of its retail stores, outlet stores, online and mobile. The company offers its customers an assortment of clothing for everyday needs. Its merchandise assortments include designs of women's apparel, generally consisting of casual clothing, everyday basics, wear-to-work, leisure/activewear, and sleepwear in missy, petite and women sizes. It also offers a selection of jewelry and accessories.
12GF Score

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

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