European Opportunities Trust (CHIX:EOTL) Beneish M-Score: 0.00 (As of Sep. 22, 2026)

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CHIX:EOTL European Opportunities Trust PLC CHIX:EOTL
9 GF Score
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What is European Opportunities Trust Beneish M-Score?

European Opportunities Trust CHIX:EOTL 9 Beneish M-Score is 0.00 as of Sep. 22, 2026. GuruFocus rates CHIX:EOTL with a GF Score™ of 9/100. The stock has 5 warning signs investors should review. Among 946 Asset Management companies, European Opportunities Trust ranks worse than 105708.14% 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 European Opportunities Trust's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of European Opportunities Trust was 14.30. The lowest was -7.07. And the median was -2.47.


European Opportunities Trust Beneish M-Score Historical Data

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The historical data trend for European Opportunities Trust'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.

European Opportunities Trust Beneish M-Score Chart

European Opportunities Trust Annual Data
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European Opportunities Trust Semi-Annual Data
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CHIX:EOTL vs BLK, BX, KKR: Beneish M-Score Comparison

For the Asset Management subindustry, European Opportunities Trust'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.


European Opportunities Trust Beneish M-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, European Opportunities Trust's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where European Opportunities Trust's Beneish M-Score falls into.


CHIX:EOTL
9GF Score
European Opportunities Trust PLC CHIX:EOTL
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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European Opportunities Trust 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 European Opportunities Trust 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 * 3.0019+0.528 * 1.0504+0.404 * 0.9659+0.892 * 0.3479+0.115 * 1
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.8994+4.679 * -0.040464-0.327 * 1.2415
=-1.46

* 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 (May25) TTM:Last Year (May24) TTM:
Total Receivables was £2.91 Mil.
Revenue was £61.12 Mil.
Gross Profit was £55.97 Mil.
Total Current Assets was £30.72 Mil.
Total Assets was £675.05 Mil.
Property, Plant and Equipment(Net PPE) was £0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was £0.00 Mil.
Selling, General, & Admin. Expense(SGA) was £0.80 Mil.
Total Current Liabilities was £72.28 Mil.
Long-Term Debt & Capital Lease Obligation was £0.00 Mil.
Net Income was £-27.92 Mil.
Gross Profit was £ Mil.
Cash Flow from Operations was £-0.60 Mil.
Total Receivables was £2.79 Mil.
Revenue was £175.65 Mil.
Gross Profit was £168.96 Mil.
Total Current Assets was £8.50 Mil.
Total Assets was £718.40 Mil.
Property, Plant and Equipment(Net PPE) was £0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was £0.00 Mil.
Selling, General, & Admin. Expense(SGA) was £2.55 Mil.
Total Current Liabilities was £61.96 Mil.
Long-Term Debt & Capital Lease Obligation was £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)
=(2.911 / 61.116) / (2.787 / 175.65)
=0.047631 / 0.015867
=3.0019

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)
=(168.963 / 175.65) / (55.969 / 61.116)
=0.96193 / 0.915783
=1.0504

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 - (30.724 + 0) / 675.05) / (1 - (8.497 + 0) / 718.395)
=0.954486 / 0.988172
=0.9659

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
=61.116 / 175.65
=0.3479

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))
= /
=1

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)
=(0.797 / 61.116) / (2.547 / 175.65)
=0.013041 / 0.0145
=0.8994

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 + 72.277) / 675.05) / ((0 + 61.957) / 718.395)
=0.107069 / 0.086244
=1.2415

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
=(-27.918 - 0 - -0.603) / 675.05
=-0.040464

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.

European Opportunities Trust has a M-score of -1.46 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?
European Opportunities Trust (CHIX:EOTL) has a Beneish M-Score of 0.00 as of Sep. 22, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on European Opportunities Trust and its competitors. According to the industry distribution chart, European Opportunities Trust ranks #999999 out of 946 companies in the Asset Management industry.
Is European Opportunities Trust's Beneish M-Score too high?
European Opportunities Trust's current Beneish M-Score is 0.00. Based on the distribution chart, European Opportunities Trust ranks #999999 out of 946 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, European Opportunities Trust has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does European Opportunities Trust's Beneish M-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, European Opportunities Trust ranks #999999 out of 946 companies for Beneish M-Score. This places European Opportunities Trust 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 an Asset Management company?
A good Beneish M-Score depends on the Asset Management 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 European Opportunities Trust and its competitors. European Opportunities Trust'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 European Opportunities Trust stock overvalued right now?
European Opportunities Trust (CHIX:EOTL) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. European Opportunities Trust's overall GF Score™ is 9/100 with 5 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 European Opportunities Trust (CHIX:EOTL), the current Beneish M-Score is 0.00 as of Sep. 22, 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.

European Opportunities Trust Business Description

Other Exchanges EOT:UK
Address 123 Victoria Street, Third Floor / MYO, London, GBR, SW1E 6DE
European Opportunities Trust PLC is an investment trust company that principally is active in portfolio investment. The objective of the Company is to invest in securities of European companies and in sectors or geographical areas which are considered by the Investment Manager to offer good prospects for capital growth, considering economic trends and business development. It invests in securities of various sectors, including Basic Materials, IT, Industrials, Energy, Health Care, Financials, Communication Services in Denmark, France, Germany, the UK, Spain, and others.
9GF 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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