Definitive HealthcareDH +3.03%51 Beneish M-Score is -2.76 as of Jun. 25, 2026. GuruFocus rates DH with a GF Score™ of 51/100 and a GF Value™ of $4.45 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 632 Healthcare Providers & Services companies, Definitive Healthcare ranks better than 65.03% 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 -2.76 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Definitive Healthcare's Beneish M-Score or its related term are showing as below:
DH'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.76 Med: -2.32 Max: -1.83
Current: -2.76
During the past 7 years, the highest Beneish M-Score of Definitive Healthcare was -1.83. The lowest was -2.76. And the median was -2.32.
Definitive Healthcare Beneish M-Score Related Terms
Definitive Healthcare Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Definitive Healthcare'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.
DH vs OPRX, CCLD, HCAT: Beneish M-Score Comparison
For the Health Information Services subindustry, Definitive Healthcare'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.
Definitive Healthcare Beneish M-Score vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Definitive Healthcare's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Definitive Healthcare'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 Definitive Healthcare 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 * 0.944
+
0.528 * 1.0124
+
0.404 * 0.758
+
0.892 * 0.9611
+
0.115 * 1.0186
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0785
+
4.679 * 0.011169
-
0.327 * 1.4423
=
-2.76
* 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))
=
(52.8 / (52.8 + 16.465))
/
(55.542 / (55.542 + 18.678))
=
0.76229
/
0.748343
=
1.0186
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
=
(-170.325 - -215.349
-
39.275)
/
514.738
=
0.011169
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.
Definitive Healthcare has a M-score of -2.76 suggests that the company is unlikely to be a manipulator.
Definitive Healthcare (DH) has a Beneish M-Score of -2.76 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Definitive Healthcare and its competitors. According to the industry distribution chart, Definitive Healthcare ranks #221 out of 632 companies in the Healthcare Providers & Services industry, placing it in the top 35%.
Is Definitive Healthcare's Beneish M-Score too high?
Definitive Healthcare's current Beneish M-Score is -2.76. Based on the distribution chart, Definitive Healthcare ranks #221 out of 632 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Definitive Healthcare has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Definitive Healthcare's Beneish M-Score compare to OPRX and CCLD?
According to the Healthcare Providers & Services industry distribution chart, Definitive Healthcare ranks #221 out of 632 companies for Beneish M-Score. This puts Definitive Healthcare 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 a Healthcare Providers & Services company?
A good Beneish M-Score depends on the Healthcare Providers & Services 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 Definitive Healthcare and its competitors. Definitive Healthcare's current Beneish M-Score is -2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Definitive Healthcare stock overvalued right now?
Based on GuruFocus' analysis, Definitive Healthcare (DH) is currently considered Possible Value Trap. The stock's GF Value™ is $4.45, compared to a current price of $0.76 — trading 82.9% below its estimated fair value. The current Beneish M-Score is -2.76. Definitive Healthcare's overall GF Score™ is 51/100 with 4 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 Definitive Healthcare (DH), the current Beneish M-Score is -2.76 as of Jun. 25, 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 Definitive Healthcare (DH) Overvalued in 2026?
Based on GuruFocus' analysis, Definitive Healthcare stock appears to be undervalued.
The current stock price of $0.76 is trading 82.9% below its estimated GF Value™ of $4.45.
GuruFocus considers Definitive Healthcare to be Possible Value Trap.
Key valuation signals for DH:
Beneish M-Score: -2.76
GF Value™: $4.45 vs. price of $0.76 (82.9% below fair value)
No single metric tells the full story. See the DH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Definitive Healthcare Corp is a provider of healthcare commercial intelligence. Its SaaS-based healthcare commercial intelligence platform is designed to provide comprehensive and accurate information on the healthcare ecosystem in the U.S. The platform uses deep analytics and data science to help customers develop data-driven strategic decisions, such as finding new markets to enter, building comprehensive go-to-market strategies, accessing tactical information to help target the right decision makers, and improving win rates with detailed contextual information. The company derives substantially all of its revenue from the sale of subscription fees for access to its platform and stand-ready support. Geographically, it derives a majority of its revenue from the United States.
51GF Score
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