CDPMF (Cerro De Pasco Resources) Beneish M-Score: 0.00 (As of Jun. 24, 2026)


CDPMF Cerro De Pasco Resources Inc CDPMF
21 GF Score
Price $0.42
GF Value $0.07
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Cerro De Pasco Resources Beneish M-Score?

Cerro De Pasco Resources CDPMF -2.13% 21 Beneish M-Score is 0.00 as of Jun. 24, 2026. GuruFocus rates CDPMF with a GF Score™ of 21/100 and a GF Value™ of $0.07 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 685 Metals & Mining companies, Cerro De Pasco Resources ranks worse than 145985.26% 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 Cerro De Pasco Resources's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Cerro De Pasco Resources was 3838.06. The lowest was -375.51. And the median was -7.40.

Cerro De Pasco Resources Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Cerro De Pasco Resources'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.

Cerro De Pasco Resources Beneish M-Score Chart

Cerro De Pasco Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Mar25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -7.40 0.00 21.22

Cerro De Pasco Resources Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -375.51 21.22 0.00 0.00 0.00

Cerro De Pasco Resources Beneish M-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Cerro De Pasco Resources'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.

Cerro De Pasco Resources Beneish M-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Cerro De Pasco Resources's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Cerro De Pasco Resources's Beneish M-Score falls into.


CDPMF
21GF Score
Cerro De Pasco Resources Inc CDPMF
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cerro De Pasco Resources 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 Cerro De Pasco Resources 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was $0.15 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was 0 + -0.001 + 0 + 0 = $-0.00 Mil.
Total Current Assets was $27.24 Mil.
Total Assets was $33.64 Mil.
Property, Plant and Equipment(Net PPE) was $6.24 Mil.
Depreciation, Depletion and Amortization(DDA) was $-0.49 Mil.
Selling, General, & Admin. Expense(SGA) was $8.26 Mil.
Total Current Liabilities was $1.98 Mil.
Long-Term Debt & Capital Lease Obligation was $4.14 Mil.
Net Income was -0.457 + -1.806 + -1.53 + -3.153 = $-6.95 Mil.
Non Operating Income was 2.613 + -0.021 + -0.054 + 3.975 = $6.51 Mil.
Cash Flow from Operations was -1.196 + -1.459 + -1.915 + -1.563 = $-6.13 Mil.
 Total Receivables was $0.47 Mil.
Revenue was 0 + 0 + 0.444 + 1.59 = $2.03 Mil.
Gross Profit was 0 + 0 + -0.486 + 0.498 = $0.01 Mil.
Total Current Assets was $11.39 Mil.
Total Assets was $15.00 Mil.
Property, Plant and Equipment(Net PPE) was $3.62 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.53 Mil.
Selling, General, & Admin. Expense(SGA) was $2.62 Mil.
Total Current Liabilities was $6.98 Mil.
Long-Term Debt & Capital Lease Obligation was $2.27 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)
=(0.151 / 0) / (0.467 / 2.034)
= / 0.229597
=

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)
=(0.012 / 2.034) / (-0.001 / 0)
=0.0059 /
=

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 - (27.239 + 6.243) / 33.643) / (1 - (11.386 + 3.619) / 15.004)
=0.004786 / -6.7E-5
=

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
=0 / 2.034
=

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))
=(0.527 / (0.527 + 3.619)) / (-0.49 / (-0.49 + 6.243))
=0.12711 / -0.085173
=

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)
=(8.257 / 0) / (2.623 / 2.034)
= / 1.289577
=

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)
=((4.135 + 1.975) / 33.643) / ((2.273 + 6.983) / 15.004)
=0.181613 / 0.616902
=

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
=(-6.946 - 6.513 - -6.133) / 33.643
=-0.217757

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?
Cerro De Pasco Resources (CDPMF) has a Beneish M-Score of 0.00 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Cerro De Pasco Resources and its competitors. According to the industry distribution chart, Cerro De Pasco Resources ranks #999999 out of 685 companies in the Metals & Mining industry.
Is Cerro De Pasco Resources' Beneish M-Score too high?
Cerro De Pasco Resources' current Beneish M-Score is 0.00. Based on the distribution chart, Cerro De Pasco Resources ranks #999999 out of 685 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Cerro De Pasco Resources has a GF Score™ of 21/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cerro De Pasco Resources' Beneish M-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Cerro De Pasco Resources ranks #999999 out of 685 companies for Beneish M-Score. This places Cerro De Pasco Resources 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 Metals & Mining company?
A good Beneish M-Score depends on the Metals & Mining 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 Cerro De Pasco Resources and its competitors. Cerro De Pasco Resources'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 Cerro De Pasco Resources stock overvalued right now?
Based on GuruFocus' analysis, Cerro De Pasco Resources (CDPMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.07, compared to a current price of $0.42 — trading 502.2% above its estimated fair value. The current Beneish M-Score is 0.00. Cerro De Pasco Resources' overall GF Score™ is 21/100 with 2 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 Cerro De Pasco Resources (CDPMF), the current Beneish M-Score is 0.00 as of Jun. 24, 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 Cerro De Pasco Resources (CDPMF) Overvalued in 2026?

Based on GuruFocus' analysis, Cerro De Pasco Resources stock appears to be overvalued. The current stock price of $0.42 is trading 502.2% above its estimated GF Value™ of $0.07. GuruFocus considers Cerro De Pasco Resources to be Significantly Overvalued.

Key valuation signals for CDPMF:

  • Beneish M-Score: 0.00
  • GF Value™: $0.07 vs. price of $0.42 (502.2% above fair value)
  • GF Score™: 21/100 with 2 warning signs

No single metric tells the full story. See the CDPMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Cerro De Pasco Resources Business Description

Address 68 Avenue de la Gare, No. 205, Saint-Sauveur, QC, CAN, J0R 1R0
Cerro De Pasco Resources Inc is a natural resource company engaged in acquiring and exploring mineral properties above-ground in Central Peru. Its assets comprise the mineral tailings (Quiulacocha) and stockpiles (Excelsior) of its El Metalurgista mining concession, a mine that has yielded tonnes of ore. The Quiulacocha Tailings Storage Facility covers tonnes of material processed. Its minimal mining costs due to surface-level material and current reprocessing capacity at adjacent plants, CDPR's Quiulacocha Project stands out as one of Peru's key mining initiatives, providing economic and environmental benefits in alignment with the needs of the local community.
21GF Score

Get the complete analysis for CDPMF

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

$0.42
Price
$0.07
GF Value