CBRS (Cerebras Systems) Beneish M-Score: 0.00 (As of Jun. 25, 2026)


CBRS Cerebras Systems Inc CBRS
8 GF Score
Price $168.58
! 1 Warning Sign
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What is Cerebras Systems Beneish M-Score?

Cerebras Systems CBRS -7.54% 8 Beneish M-Score is 0.00 as of Jun. 25, 2026. GuruFocus rates CBRS with a GF Score™ of 8/100. The stock has 1 warning sign investors should review. Among 987 Semiconductors companies, Cerebras Systems ranks worse than 101317.02% 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.

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

During the past 4 years, the highest Beneish M-Score of Cerebras Systems was 0.00. The lowest was 0.00. And the median was 0.00.

Cerebras Systems Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Cerebras Systems'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.

Cerebras Systems Beneish M-Score Chart

Cerebras Systems Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Beneish M-Score
0.00 0.00 0.00 0.00

Cerebras Systems Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Dec25
Beneish M-Score Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

CBRS vs MCHP, ON, ALAB: Beneish M-Score Comparison

For the Semiconductors subindustry, Cerebras Systems'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.

Cerebras Systems Beneish M-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Cerebras Systems's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Cerebras Systems's Beneish M-Score falls into.


CBRS
8GF Score
Cerebras Systems Inc CBRS
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Cerebras Systems 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 Cerebras Systems 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 * 0.2797+0.528 * 1.0833+0.404 * 18.2784+0.892 * 1.7571+0.115 * 2.6441
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.877+4.679 * -0.049638-0.327 * 0.3712
=4.74

* 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was $74.0 Mil.
Revenue was $510.0 Mil.
Gross Profit was $199.1 Mil.
Total Current Assets was $1,543.6 Mil.
Total Assets was $2,326.0 Mil.
Property, Plant and Equipment(Net PPE) was $686.3 Mil.
Depreciation, Depletion and Amortization(DDA) was $34.5 Mil.
Selling, General, & Admin. Expense(SGA) was $101.6 Mil.
Total Current Liabilities was $719.5 Mil.
Long-Term Debt & Capital Lease Obligation was $216.0 Mil.
Net Income was $237.8 Mil.
Gross Profit was $363.3 Mil.
Cash Flow from Operations was $-10.1 Mil.
 Total Receivables was $150.6 Mil.
Revenue was $290.3 Mil.
Gross Profit was $122.7 Mil.
Total Current Assets was $1,030.5 Mil.
Total Assets was $1,112.7 Mil.
Property, Plant and Equipment(Net PPE) was $79.7 Mil.
Depreciation, Depletion and Amortization(DDA) was $11.5 Mil.
Selling, General, & Admin. Expense(SGA) was $65.9 Mil.
Total Current Liabilities was $1,178.1 Mil.
Long-Term Debt & Capital Lease Obligation was $27.4 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)
=(74.009 / 509.991) / (150.618 / 290.252)
=0.145118 / 0.518921
=0.2797

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)
=(122.738 / 290.252) / (199.071 / 509.991)
=0.422867 / 0.390342
=1.0833

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 - (1543.646 + 686.346) / 2326.037) / (1 - (1030.479 + 79.745) / 1112.738)
=0.041291 / 0.002259
=18.2784

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
=509.991 / 290.252
=1.7571

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))
=(11.537 / (11.537 + 79.745)) / (34.454 / (34.454 + 686.346))
=0.126389 / 0.0478
=2.6441

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)
=(101.614 / 509.991) / (65.942 / 290.252)
=0.199247 / 0.227189
=0.877

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)
=((215.957 + 719.54) / 2326.037) / ((27.37 + 1178.135) / 1112.738)
=0.402185 / 1.083368
=0.3712

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
=(237.827 - 363.336 - -10.05) / 2326.037
=-0.049638

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.

Cerebras Systems has a M-score of 4.74 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?
Cerebras Systems (CBRS) 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 Cerebras Systems and its competitors. According to the industry distribution chart, Cerebras Systems ranks #999999 out of 987 companies in the Semiconductors industry.
Is Cerebras Systems' Beneish M-Score too high?
Cerebras Systems' current Beneish M-Score is 0.00. Based on the distribution chart, Cerebras Systems ranks #999999 out of 987 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Cerebras Systems has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Cerebras Systems' Beneish M-Score compare to MCHP and ON?
According to the Semiconductors industry distribution chart, Cerebras Systems ranks #999999 out of 987 companies for Beneish M-Score. This places Cerebras Systems in the lower 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 Semiconductors company?
A good Beneish M-Score depends on the Semiconductors 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 Cerebras Systems and its competitors. Cerebras Systems'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 Cerebras Systems stock overvalued right now?
Cerebras Systems (CBRS) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Cerebras Systems' overall GF Score™ is 8/100 with 1 warning sign 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 Cerebras Systems (CBRS), 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.

Cerebras Systems Business Description

Address 1237 E. Arques Avenue, Sunnyvale, CA, USA, 94085
Cerebras Systems Inc is an AI company. It designs the world's fastest AI infrastructure for training and inference. The company builds the world's largest semiconductor as well as the AI systems to power, cool, and feed the processors data. It develops software to link these systems together into industry-leading supercomputers that are simple to use even for the most complicated AI work, using familiar ML frameworks like PyTorch. Customers use its supercomputers to train industry-leading models. The company uses these supercomputers to run inference at speeds unobtainable from alternative commercial technologies. It delivers these AI capabilities to its customers on-premise and via the cloud. The company generates the majority of its revenue from the USA.
8GF Score

Get the complete analysis for CBRS

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

$168.58
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