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FreightosCRGO -8.09%60 Beneish M-Score is -2.90 as of Jul. 19, 2026. GuruFocus rates CRGO with a GF Score™ of 60/100 and a GF Value™ of $2.71 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 966 Transportation companies, Freightos ranks better than 78.67% 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 -2.9 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Freightos's Beneish M-Score or its related term are showing as below:
CRGO'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.16 Med: -2.88 Max: -1.91
Current: -2.9
During the past 6 years, the highest Beneish M-Score of Freightos was -1.91. The lowest was -3.16. And the median was -2.88.
Freightos Beneish M-Score Related Terms
Freightos Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Freightos'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.
CRGO vs SFWL, NCEW, JANL: Beneish M-Score Comparison
For the Integrated Freight & Logistics subindustry, Freightos'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.
Freightos Beneish M-Score vs Transportation Industry
For the Transportation industry and Industrials sector, Freightos's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Freightos's Beneish M-Score falls into.
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 Freightos 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 * 0.7562
+
0.528 * 0.9909
+
0.404 * 1.158
+
0.892 * 1.1693
+
0.115 * 1.03
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9145
+
4.679 * -0.078727
-
0.327 * 1.1716
=
-2.90
* 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.
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.
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))
=
(3.317 / (3.317 + 2.347))
/
(3.353 / (3.353 + 2.544))
=
0.585629
/
0.568594
=
1.03
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
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
=
(-19.478 - -1.339
-
-13.621)
/
57.388
=
-0.078727
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.
Freightos has a M-score of -2.90 suggests that the company is unlikely to be a manipulator.
Freightos (CRGO) has a Beneish M-Score of -2.90 as of Jul. 19, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Freightos and its competitors. According to the industry distribution chart, Freightos ranks #206 out of 966 companies in the Transportation industry, placing it in the top 21.3%.
Is Freightos' Beneish M-Score too high?
Freightos' current Beneish M-Score is -2.90. Based on the distribution chart, Freightos ranks #206 out of 966 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Freightos has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Freightos' Beneish M-Score compare to SFWL and NCEW?
According to the Transportation industry distribution chart, Freightos ranks #206 out of 966 companies for Beneish M-Score. This places Freightos in the top 21% of its industry — outperforming the majority of peers. 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 Transportation company?
A good Beneish M-Score depends on the Transportation 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 Freightos and its competitors. Freightos's current Beneish M-Score is -2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freightos stock overvalued right now?
Based on GuruFocus' analysis, Freightos (CRGO) is currently considered Possible Value Trap. The stock's GF Value™ is $2.71, compared to a current price of $1.26 — trading 53.5% below its estimated fair value. The current Beneish M-Score is -2.90. Freightos' overall GF Score™ is 60/100 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 Freightos (CRGO), the current Beneish M-Score is -2.90 as of Jul. 19, 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 Freightos (CRGO) Overvalued in 2026?
Based on GuruFocus' analysis, Freightos stock appears to be undervalued.
The current stock price of $1.26 is trading 53.5% below its estimated GF Value™ of $2.71.
GuruFocus considers Freightos to be Possible Value Trap.
Key valuation signals for CRGO:
Beneish M-Score: -2.90
GF Value™: $2.71 vs. price of $1.26 (53.5% below fair value)
No single metric tells the full story. See the CRGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Freightos Ltd operates as a vendor-neutral booking and payment platform for international freight. Its platform supports supply chain efficiency and agility by enabling real-time procurement of ocean and air shipping across more than ten thousand importers/exporters, thousands of forwarders, and dozens of airlines and ocean carriers. The company operates in two segments: the Platform segment and the Solutions segment. The majority of the revenue is derived from the Solutions segment, which provides software tools and data to help industry participants automate their pricing, sales, and procurement processes. Geographically, it generates the maximum revenue from Europe, and the rest from the United States, Hong Kong and Others.
60GF 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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