COPJF (Amplitude Energy) Beneish M-Score: -3.04 (As of Jul. 31, 2026)

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COPJF Amplitude Energy Ltd COPJF
72 GF Score
Price $1.15
GF Value $1.21
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Amplitude Energy Beneish M-Score?

Amplitude Energy COPJF 72 Beneish M-Score is -3.04 as of Jul. 31, 2026. GuruFocus rates COPJF with a GF Score™ of 72/100 and a GF Value™ of $1.21 (Fairly Valued). The stock has 5 warning signs investors should review. Among 820 Oil & Gas companies, Amplitude Energy ranks better than 73.9% 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.

Good Sign:

Beneish M-Score -3.04 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

COPJF' s Beneish M-Score Range Over the Past 10 Years
Min: -4.8   Med: -2.54   Max: -0.51
Current: -3.04

During the past 13 years, the highest Beneish M-Score of Amplitude Energy was -0.51. The lowest was -4.80. And the median was -2.54.


Amplitude Energy Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Amplitude Energy'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.

Amplitude Energy Beneish M-Score Chart

Amplitude Energy Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.01 -2.82 -3.35 -2.26 -3.04

Amplitude Energy Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.00 -2.26 0.00 -3.04 0.00

COPJF vs COP, EOG, FANG: Beneish M-Score Comparison

For the Oil & Gas E&P subindustry, Amplitude Energy'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.


Amplitude Energy Beneish M-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Amplitude Energy's Beneish M-Score distribution charts can be found below:

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


COPJF
72GF Score
Amplitude Energy Ltd COPJF
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amplitude Energy 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 Amplitude Energy 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 * 0.8212+0.528 * 0.8749+0.404 * 0.9416+0.892 * 1.1999+0.115 * 0.7667
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.6717+4.679 * -0.11112-0.327 * 1.0494
=-3.06

* 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 (Jun25) TTM:Last Year (Jun24) TTM:
Total Receivables was $23.0 Mil.
Revenue was $174.5 Mil.
Gross Profit was $81.7 Mil.
Total Current Assets was $72.9 Mil.
Total Assets was $765.4 Mil.
Property, Plant and Equipment(Net PPE) was $604.8 Mil.
Depreciation, Depletion and Amortization(DDA) was $31.9 Mil.
Selling, General, & Admin. Expense(SGA) was $8.3 Mil.
Total Current Liabilities was $44.4 Mil.
Long-Term Debt & Capital Lease Obligation was $195.1 Mil.
Net Income was $-26.9 Mil.
Gross Profit was $0.0 Mil.
Cash Flow from Operations was $58.1 Mil.
Total Receivables was $23.4 Mil.
Revenue was $145.5 Mil.
Gross Profit was $59.6 Mil.
Total Current Assets was $38.3 Mil.
Total Assets was $812.2 Mil.
Property, Plant and Equipment(Net PPE) was $675.1 Mil.
Depreciation, Depletion and Amortization(DDA) was $26.9 Mil.
Selling, General, & Admin. Expense(SGA) was $10.3 Mil.
Total Current Liabilities was $73.4 Mil.
Long-Term Debt & Capital Lease Obligation was $168.7 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)
=(23.037 / 174.519) / (23.379 / 145.45)
=0.132003 / 0.160736
=0.8212

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)
=(59.608 / 145.45) / (81.745 / 174.519)
=0.409818 / 0.468402
=0.8749

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 - (72.857 + 604.841) / 765.418) / (1 - (38.28 + 675.071) / 812.208)
=0.114604 / 0.121714
=0.9416

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
=174.519 / 145.45
=1.1999

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))
=(26.949 / (26.949 + 675.071)) / (31.881 / (31.881 + 604.841))
=0.038388 / 0.050071
=0.7667

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)
=(8.333 / 174.519) / (10.34 / 145.45)
=0.047748 / 0.07109
=0.6717

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)
=((195.081 + 44.35) / 765.418) / ((168.708 + 73.4) / 812.208)
=0.312811 / 0.298086
=1.0494

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
=(-26.908 - 0.003 - 58.142) / 765.418
=-0.11112

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.

Amplitude Energy has a M-score of -3.06 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -3.04 mean?
Amplitude Energy (COPJF) has a Beneish M-Score of -3.04 as of Jul. 31, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Amplitude Energy and its competitors. According to the industry distribution chart, Amplitude Energy ranks #214 out of 820 companies in the Oil & Gas industry, placing it in the top 26.1%.
Is Amplitude Energy's Beneish M-Score too high?
Amplitude Energy's current Beneish M-Score is -3.04. Based on the distribution chart, Amplitude Energy ranks #214 out of 820 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Amplitude Energy has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Amplitude Energy's Beneish M-Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Amplitude Energy ranks #214 out of 820 companies for Beneish M-Score. This puts Amplitude Energy in the upper 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 Oil & Gas company?
A good Beneish M-Score depends on the Oil & Gas 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 Amplitude Energy and its competitors. Amplitude Energy's current Beneish M-Score is -3.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amplitude Energy stock overvalued right now?
Based on GuruFocus' analysis, Amplitude Energy (COPJF) is currently considered Fairly Valued. The stock's GF Value™ is $1.21, compared to a current price of $1.15 — trading 5% below its estimated fair value. The current Beneish M-Score is -3.04. Amplitude Energy's overall GF Score™ is 72/100 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 Amplitude Energy (COPJF), the current Beneish M-Score is -3.04 as of Jul. 31, 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 Amplitude Energy (COPJF) Overvalued in 2026?

Based on GuruFocus' analysis, Amplitude Energy stock appears to be undervalued. The current stock price of $1.15 is trading 5% below its estimated GF Value™ of $1.21. GuruFocus considers Amplitude Energy to be Fairly Valued.

Key valuation signals for COPJF:

  • Beneish M-Score: -3.04
  • GF Value™: $1.21 vs. price of $1.15 (5% below fair value)
  • GF Score™: 72/100 with 5 warning signs

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


Amplitude Energy Business Description

Industry EnergyOil & Gas
Other Exchanges CDP0:GermanyAEL:Australia
Address 55 Currie Street, Level 11, Adelaide, SA, AUS, 5000
Amplitude Energy Ltd is engaged in exploring, developing, and producing natural gas and to produce low-cost oil. It is an exploration and production company that generates revenue from gas supply to Southeast Australia and low-cost Cooper Basin oil production. The company holds a portfolio of gas supply contracts and it has gas-focused acreage and assets in the Southeast Australian energy sector, including well-located reserves and resources in the Otway and Gippsland basins.
72GF Score

Get the complete analysis for COPJF

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

$1.15
Price
$1.21
GF Value