Schroder Real Estate IT (CHIX:SREIL) Beneish M-Score: 0.85 (As of Jun. 26, 2026)


CHIX:SREIL Schroder Real Estate IT Ltd CHIX:SREIL
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What is Schroder Real Estate IT Beneish M-Score?

Schroder Real Estate IT CHIX:SREIL 36 Beneish M-Score is 0.85 as of Jun. 26, 2026. GuruFocus rates CHIX:SREIL with a GF Score™ of 36/100. The stock has 5 warning signs investors should review. Among 765 REITs companies, Schroder Real Estate IT ranks worse than 95.29% on this metric.

Note: Financial institutions were excluded from the sample in Beneish paper when calculating Beneish M-Score. Thus, the prediction might not fit banks and insurance companies.

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.

Warning Sign:

Beneish M-Score 0.85 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Schroder Real Estate IT's Beneish M-Score or its related term are showing as below:

CHIX:SREIl' s Beneish M-Score Range Over the Past 10 Years
Min: -2.82   Med: -2.31   Max: 5.78
Current: 0.85

During the past 13 years, the highest Beneish M-Score of Schroder Real Estate IT was 5.78. The lowest was -2.82. And the median was -2.31.

CHIX:SREIL
36GF Score
Schroder Real Estate IT Ltd CHIX:SREIL
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Schroder Real Estate IT 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 Schroder Real Estate IT 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 * 1+0.528 * 1+0.404 * 1+0.892 * 4.445+0.115 * 1
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.2409+4.679 * 0.025115-0.327 * 0.9875
=0.85

* 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 (Mar25) TTM:Last Year (Mar24) TTM:
Total Receivables was £0.00 Mil.
Revenue was £36.62 Mil.
Gross Profit was £36.62 Mil.
Total Current Assets was £0.00 Mil.
Total Assets was £496.87 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 £5.46 Mil.
Total Current Liabilities was £0.00 Mil.
Long-Term Debt & Capital Lease Obligation was £182.12 Mil.
Net Income was £31.06 Mil.
Gross Profit was £0.00 Mil.
Cash Flow from Operations was £18.58 Mil.
 Total Receivables was £0.00 Mil.
Revenue was £8.24 Mil.
Gross Profit was £8.24 Mil.
Total Current Assets was £0.00 Mil.
Total Assets was £478.03 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 £5.10 Mil.
Total Current Liabilities was £0.00 Mil.
Long-Term Debt & Capital Lease Obligation was £177.43 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 / 36.622) / (0 / 8.239)
=0 / 0
=1

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)
=(8.239 / 8.239) / (36.622 / 36.622)
=1 / 1
=1

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 - (0 + 0) / 496.869) / (1 - (0 + 0) / 478.033)
=1 / 1
=1

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
=36.622 / 8.239
=4.445

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)
=(5.464 / 36.622) / (5.102 / 8.239)
=0.1492 / 0.61925
=0.2409

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)
=((182.119 + 0) / 496.869) / ((177.428 + 0) / 478.033)
=0.366533 / 0.371163
=0.9875

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
=(31.058 - 0 - 18.579) / 496.869
=0.025115

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.

Schroder Real Estate IT has a M-score of 0.85 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 0.85 mean?
Schroder Real Estate IT (CHIX:SREIL) has a Beneish M-Score of 0.85 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Schroder Real Estate IT and its competitors. According to the industry distribution chart, Schroder Real Estate IT ranks #729 out of 765 companies in the REITs industry, placing it in the top 95.3%.
Is Schroder Real Estate IT's Beneish M-Score too high?
Schroder Real Estate IT's current Beneish M-Score is 0.85. Based on the distribution chart, Schroder Real Estate IT ranks #729 out of 765 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Schroder Real Estate IT has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Schroder Real Estate IT's Beneish M-Score compare to VICI and WPC?
According to the REITs industry distribution chart, Schroder Real Estate IT ranks #729 out of 765 companies for Beneish M-Score. This places Schroder Real Estate IT 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 REITs company?
A good Beneish M-Score depends on the REITs 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 Schroder Real Estate IT and its competitors. Schroder Real Estate IT's current Beneish M-Score is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Schroder Real Estate IT stock overvalued right now?
Schroder Real Estate IT (CHIX:SREIL) has a current Beneish M-Score of 0.85. The current Beneish M-Score is 0.85. Schroder Real Estate IT's overall GF Score™ is 36/100 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 Schroder Real Estate IT (CHIX:SREIL), the current Beneish M-Score is 0.85 as of Jun. 26, 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.

Schroder Real Estate IT Business Description

Industry Real EstateREITs
Other Exchanges SREI:UK
Address Elizabeth Avenue, 2nd Floor, Dorey Court, Saint Peter Port, GGY, GY1 2HT
Schroder Real Estate IT Ltd is a real estate investment company. The company provides shareholders with income together with the potential for income and capital growth through investing in United Kingdom commercial property. Its only reporting segment is property investment. Geographically, the company operates in the United Kingdom. The company invests in various portfolios of sectors, including industrial, office, retail warehouse, retail, and others.
36GF 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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