DEDVF (Decisive Dividend) Beneish M-Score: -2.99 (As of Jul. 14, 2026)

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DEDVF Decisive Dividend Corp DEDVF
59 GF Score
Price $6.65
GF Value $5.55
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Decisive Dividend Beneish M-Score?

Decisive Dividend DEDVF 59 Beneish M-Score is -2.99 as of Jul. 14, 2026. GuruFocus rates DEDVF with a GF Score™ of 59/100 and a GF Value™ of $5.55 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 542 Conglomerates companies, Decisive Dividend ranks better than 86.72% 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 -2.99 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

DEDVF' s Beneish M-Score Range Over the Past 10 Years
Min: -3.55   Med: -2.54   Max: -0.34
Current: -2.99

During the past 13 years, the highest Beneish M-Score of Decisive Dividend was -0.34. The lowest was -3.55. And the median was -2.54.


Decisive Dividend Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Decisive Dividend'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.

Decisive Dividend Beneish M-Score Chart

Decisive Dividend 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 -2.20 -2.19 -2.41 -2.67 -2.97

Decisive Dividend Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -2.71 -2.89 -3.01 -2.97 -2.99

DEDVF vs HON, MMM: Beneish M-Score Comparison

For the Conglomerates subindustry, Decisive Dividend'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.


Decisive Dividend Beneish M-Score vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Decisive Dividend's Beneish M-Score distribution charts can be found below:

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


DEDVF
59GF Score
Decisive Dividend Corp DEDVF
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Decisive Dividend 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 Decisive Dividend 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 * 0.9017+0.528 * 0.9893+0.404 * 0.9694+0.892 * 1.1151+0.115 * 1.0525
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0153+4.679 * -0.095357-0.327 * 1.0451
=-2.94

* 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was $19.1 Mil.
Revenue was 27.619 + 31.019 + 24.557 + 26.529 = $109.7 Mil.
Gross Profit was 10.594 + 11.665 + 9.662 + 9.699 = $41.6 Mil.
Total Current Assets was $42.5 Mil.
Total Assets was $124.2 Mil.
Property, Plant and Equipment(Net PPE) was $25.0 Mil.
Depreciation, Depletion and Amortization(DDA) was $8.3 Mil.
Selling, General, & Admin. Expense(SGA) was $28.5 Mil.
Total Current Liabilities was $18.1 Mil.
Long-Term Debt & Capital Lease Obligation was $58.2 Mil.
Net Income was 0.641 + 1.016 + 0.564 + 1.499 = $3.7 Mil.
Non Operating Income was 0.086 + 0.02 + 0.256 + 1.307 = $1.7 Mil.
Cash Flow from Operations was 1.995 + 4.284 + 5.059 + 2.56 = $13.9 Mil.
Total Receivables was $19.0 Mil.
Revenue was 27.295 + 26.366 + 23.8 + 20.941 = $98.4 Mil.
Gross Profit was 10.498 + 10.272 + 8.858 + 7.297 = $36.9 Mil.
Total Current Assets was $39.6 Mil.
Total Assets was $113.8 Mil.
Property, Plant and Equipment(Net PPE) was $20.6 Mil.
Depreciation, Depletion and Amortization(DDA) was $7.3 Mil.
Selling, General, & Admin. Expense(SGA) was $25.2 Mil.
Total Current Liabilities was $18.7 Mil.
Long-Term Debt & Capital Lease Obligation was $48.2 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)
=(19.061 / 109.724) / (18.958 / 98.402)
=0.173718 / 0.192659
=0.9017

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)
=(36.925 / 98.402) / (41.62 / 109.724)
=0.375246 / 0.379315
=0.9893

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 - (42.499 + 25.001) / 124.238) / (1 - (39.632 + 20.569) / 113.82)
=0.456688 / 0.471086
=0.9694

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
=109.724 / 98.402
=1.1151

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))
=(7.29 / (7.29 + 20.569)) / (8.273 / (8.273 + 25.001))
=0.261675 / 0.248633
=1.0525

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)
=(28.494 / 109.724) / (25.169 / 98.402)
=0.259688 / 0.255777
=1.0153

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)
=((58.211 + 18.078) / 124.238) / ((48.181 + 18.695) / 113.82)
=0.614055 / 0.587559
=1.0451

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
=(3.72 - 1.669 - 13.898) / 124.238
=-0.095357

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.

Decisive Dividend has a M-score of -2.94 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 -2.99 mean?
Decisive Dividend (DEDVF) has a Beneish M-Score of -2.99 as of Jul. 14, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Decisive Dividend and its competitors. According to the industry distribution chart, Decisive Dividend ranks #72 out of 542 companies in the Conglomerates industry, placing it in the top 13.3%.
Is Decisive Dividend's Beneish M-Score too high?
Decisive Dividend's current Beneish M-Score is -2.99. Based on the distribution chart, Decisive Dividend ranks #72 out of 542 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Decisive Dividend has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Decisive Dividend's Beneish M-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, Decisive Dividend ranks #72 out of 542 companies for Beneish M-Score. This places Decisive Dividend in the top 13% 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 Conglomerates company?
A good Beneish M-Score depends on the Conglomerates 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 Decisive Dividend and its competitors. Decisive Dividend's current Beneish M-Score is -2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Decisive Dividend stock overvalued right now?
Based on GuruFocus' analysis, Decisive Dividend (DEDVF) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.55, compared to a current price of $6.65 — trading 19.8% above its estimated fair value. The current Beneish M-Score is -2.99. Decisive Dividend's overall GF Score™ is 59/100 with 11 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 Decisive Dividend (DEDVF), the current Beneish M-Score is -2.99 as of Jul. 14, 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 Decisive Dividend (DEDVF) Overvalued in 2026?

Based on GuruFocus' analysis, Decisive Dividend stock appears to be overvalued. The current stock price of $6.65 is trading 19.8% above its estimated GF Value™ of $5.55. GuruFocus considers Decisive Dividend to be Modestly Overvalued.

Key valuation signals for DEDVF:

  • Beneish M-Score: -2.99
  • GF Value™: $5.55 vs. price of $6.65 (19.8% above fair value)
  • GF Score™: 59/100 with 11 warning signs

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


Decisive Dividend Business Description

Other Exchanges PC9:GermanyDE:Canada
Address No. 260 - 1855 Kirschner Road, Kelown, BC, CAN, V1Y 4N7
Decisive Dividend Corp is an acquisition-oriented company, focused on opportunities in manufacturing. The corporation's purpose is to be the sought-after choice for exiting legacy-minded business owners while supporting the long-term success of the businesses acquired, and through that, creating sustainable and growing shareholder returns. It uses a disciplined acquisition plan to identify already profitable, well-established, high-quality manufacturing companies that have a sustainable competitive advantage, a focus on non-discretionary products, steady cash flows, growth potential, & established leadership. The company operates in two segments: the Finished Product Segment & the Component Manufacturing Segment. Geographically, it operates in Canada, the United States, & Other Countries.
59GF Score

Get the complete analysis for DEDVF

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

$6.65
Price
$5.55
GF Value