CLPT (ClearPoint Neuro) Beneish M-Score: 6.53 (As of Aug. 12, 2026)

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CLPT ClearPoint Neuro Inc CLPT
63 GF Score
Price $15.16
GF Value $14.14
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is ClearPoint Neuro Beneish M-Score?

ClearPoint Neuro CLPT +1.95% 63 Beneish M-Score is 6.53 as of Aug. 12, 2026. GuruFocus rates CLPT with a GF Score™ of 63/100 and a GF Value™ of $14.14 (Fairly Valued). The stock has 8 warning signs investors should review. Among 766 Medical Devices & Instruments companies, ClearPoint Neuro ranks worse than 98.04% 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.

Warning Sign:

Beneish M-Score 6.53 higher than -1.78, which implies that the company might have manipulated its financial results.

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

CLPT' s Beneish M-Score Range Over the Past 10 Years
Min: -4.3   Med: -2.92   Max: 6.53
Current: 6.53

During the past 13 years, the highest Beneish M-Score of ClearPoint Neuro was 6.53. The lowest was -4.30. And the median was -2.92.


ClearPoint Neuro Beneish M-Score Historical Data

* Premium members only.

The historical data trend for ClearPoint Neuro'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.

ClearPoint Neuro Beneish M-Score Chart

ClearPoint Neuro Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.40 -2.01 -3.22 -3.40 2.17

ClearPoint Neuro Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -3.50 -3.87 2.17 1.71 6.53

CLPT vs SI, PACB, DCTH: Beneish M-Score Comparison

For the Medical Devices subindustry, ClearPoint Neuro'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.


ClearPoint Neuro Beneish M-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, ClearPoint Neuro's Beneish M-Score distribution charts can be found below:

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


CLPT
63GF Score
ClearPoint Neuro Inc CLPT
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ClearPoint Neuro 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 ClearPoint Neuro 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 * 1.5658+0.528 * 0.9651+0.404 * 22.3273+0.892 * 1.2586+0.115 * 0.9841
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.1386+4.679 * -0.048916-0.327 * 1.2624
=6.53

* 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 (Jun26) TTM:Last Year (Jun25) TTM:
Total Receivables was $8.40 Mil.
Revenue was 10.88 + 12.128 + 10.41 + 8.861 = $42.28 Mil.
Gross Profit was 6.71 + 7.756 + 6.404 + 5.6 = $26.47 Mil.
Total Current Assets was $48.93 Mil.
Total Assets was $86.74 Mil.
Property, Plant and Equipment(Net PPE) was $15.63 Mil.
Depreciation, Depletion and Amortization(DDA) was $3.76 Mil.
Selling, General, & Admin. Expense(SGA) was $41.67 Mil.
Total Current Liabilities was $10.31 Mil.
Long-Term Debt & Capital Lease Obligation was $63.75 Mil.
Net Income was -11.337 + -9.552 + -7.786 + -5.891 = $-34.57 Mil.
Non Operating Income was -0.007 + -0.035 + -0.034 + -0.064 = $-0.14 Mil.
Cash Flow from Operations was -7.015 + -7.967 + -12.08 + -3.121 = $-30.18 Mil.
Total Receivables was $4.26 Mil.
Revenue was 9.215 + 8.485 + 7.771 + 8.122 = $33.59 Mil.
Gross Profit was 5.556 + 5.132 + 4.762 + 4.847 = $20.30 Mil.
Total Current Assets was $53.99 Mil.
Total Assets was $62.87 Mil.
Property, Plant and Equipment(Net PPE) was $8.16 Mil.
Depreciation, Depletion and Amortization(DDA) was $1.93 Mil.
Selling, General, & Admin. Expense(SGA) was $29.08 Mil.
Total Current Liabilities was $7.40 Mil.
Long-Term Debt & Capital Lease Obligation was $35.13 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)
=(8.395 / 42.279) / (4.26 / 33.593)
=0.198562 / 0.126812
=1.5658

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)
=(20.297 / 33.593) / (26.47 / 42.279)
=0.604203 / 0.626079
=0.9651

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 - (48.932 + 15.63) / 86.741) / (1 - (53.991 + 8.158) / 62.869)
=0.255692 / 0.011452
=22.3273

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
=42.279 / 33.593
=1.2586

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))
=(1.926 / (1.926 + 8.158)) / (3.764 / (3.764 + 15.63))
=0.190996 / 0.194081
=0.9841

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)
=(41.67 / 42.279) / (29.079 / 33.593)
=0.985596 / 0.865627
=1.1386

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)
=((63.752 + 10.313) / 86.741) / ((35.125 + 7.398) / 62.869)
=0.853864 / 0.676375
=1.2624

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
=(-34.566 - -0.14 - -30.183) / 86.741
=-0.048916

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.

ClearPoint Neuro has a M-score of 6.53 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 6.53 mean?
ClearPoint Neuro (CLPT) has a Beneish M-Score of 6.53 as of Aug. 12, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on ClearPoint Neuro and its competitors. According to the industry distribution chart, ClearPoint Neuro ranks #751 out of 766 companies in the Medical Devices & Instruments industry, placing it in the top 98%.
Is ClearPoint Neuro's Beneish M-Score too high?
ClearPoint Neuro's current Beneish M-Score is 6.53. Based on the distribution chart, ClearPoint Neuro ranks #751 out of 766 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, ClearPoint Neuro has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ClearPoint Neuro's Beneish M-Score compare to SI and PACB?
According to the Medical Devices & Instruments industry distribution chart, ClearPoint Neuro ranks #751 out of 766 companies for Beneish M-Score. This places ClearPoint Neuro 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 Medical Devices & Instruments company?
A good Beneish M-Score depends on the Medical Devices & Instruments 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 ClearPoint Neuro and its competitors. ClearPoint Neuro's current Beneish M-Score is 6.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ClearPoint Neuro stock overvalued right now?
Based on GuruFocus' analysis, ClearPoint Neuro (CLPT) is currently considered Fairly Valued. The stock's GF Value™ is $14.14, compared to a current price of $15.16 — trading 7.2% above its estimated fair value. The current Beneish M-Score is 6.53. ClearPoint Neuro's overall GF Score™ is 63/100 with 8 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 ClearPoint Neuro (CLPT), the current Beneish M-Score is 6.53 as of Aug. 12, 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 ClearPoint Neuro (CLPT) Overvalued in 2026?

Based on GuruFocus' analysis, ClearPoint Neuro stock appears to be overvalued. The current stock price of $15.16 is trading 7.2% above its estimated GF Value™ of $14.14. GuruFocus considers ClearPoint Neuro to be Fairly Valued.

Key valuation signals for CLPT:

  • Beneish M-Score: 6.53
  • GF Value™: $14.14 vs. price of $15.16 (7.2% above fair value)
  • GF Score™: 63/100 with 8 warning signs

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


ClearPoint Neuro Business Description

Address 120 S. Sierra Avenue, Suite 100, Solana Beach, CA, USA, 92075
ClearPoint Neuro Inc is a commercial-stage medical device company that develops and commercializes integrated systems used in minimally invasive neurosurgical procedures in the brain. The company's business consists of two integrated components: a business providing medical devices for neurosurgical applications, and a business focused on partnerships in the biologics and drug delivery space. The Company operates in one reportable segment.
63GF Score

Get the complete analysis for CLPT

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

$15.16
Price
$14.14
GF Value