DTTLF (Datatec) Beneish M-Score: -2.48 (As of Jun. 24, 2026)


DTTLF Datatec Ltd DTTLF
64 GF Score
Price $5.58
GF Value $2.09
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Datatec Beneish M-Score?

Datatec DTTLF 64 Beneish M-Score is -2.48 as of Jun. 24, 2026. GuruFocus rates DTTLF with a GF Score™ of 64/100 and a GF Value™ of $2.09 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,633 Software companies, Datatec ranks worse than 53.63% 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 -2.48 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

DTTLF' s Beneish M-Score Range Over the Past 10 Years
Min: -2.79   Med: -2.52   Max: -2.17
Current: -2.48

During the past 13 years, the highest Beneish M-Score of Datatec was -2.17. The lowest was -2.79. And the median was -2.52.


Datatec Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Datatec'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.

Datatec Beneish M-Score Chart

Datatec Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.32 -2.26 -2.63 -2.55 -2.48

Datatec Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 -2.63 0.00 -2.55 0.00 -2.48

DTTLF vs IBM, ACN, FISV: Beneish M-Score Comparison

For the Information Technology Services subindustry, Datatec'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.


Datatec Beneish M-Score vs Software Industry

For the Software industry and Technology sector, Datatec's Beneish M-Score distribution charts can be found below:

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


DTTLF
64GF Score
Datatec Ltd DTTLF
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Datatec 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 Datatec 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 * 1.1715+0.528 * 0.9427+0.404 * 1.0224+0.892 * 1.0333+0.115 * 0.9428
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0752+4.679 * -0.005323-0.327 * 0.9974
=-2.36

* 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 (Feb26) TTM:Last Year (Feb25) TTM:
Total Receivables was $2,315 Mil.
Revenue was $3,670 Mil.
Gross Profit was $998 Mil.
Total Current Assets was $3,565 Mil.
Total Assets was $4,645 Mil.
Property, Plant and Equipment(Net PPE) was $95 Mil.
Depreciation, Depletion and Amortization(DDA) was $63 Mil.
Selling, General, & Admin. Expense(SGA) was $64 Mil.
Total Current Liabilities was $3,456 Mil.
Long-Term Debt & Capital Lease Obligation was $78 Mil.
Net Income was $92 Mil.
Gross Profit was $0 Mil.
Cash Flow from Operations was $116 Mil.
Total Receivables was $1,913 Mil.
Revenue was $3,552 Mil.
Gross Profit was $910 Mil.
Total Current Assets was $3,047 Mil.
Total Assets was $3,973 Mil.
Property, Plant and Equipment(Net PPE) was $102 Mil.
Depreciation, Depletion and Amortization(DDA) was $61 Mil.
Selling, General, & Admin. Expense(SGA) was $58 Mil.
Total Current Liabilities was $2,941 Mil.
Long-Term Debt & Capital Lease Obligation was $90 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)
=(2315.255 / 3670.046) / (1912.672 / 3551.94)
=0.630852 / 0.538487
=1.1715

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)
=(910.319 / 3551.94) / (997.804 / 3670.046)
=0.256288 / 0.271878
=0.9427

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 - (3564.876 + 95.127) / 4645.018) / (1 - (3046.87 + 102.298) / 3973.288)
=0.212058 / 0.207415
=1.0224

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
=3670.046 / 3551.94
=1.0333

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))
=(61.419 / (61.419 + 102.298)) / (62.865 / (62.865 + 95.127))
=0.375153 / 0.3979
=0.9428

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)
=(63.963 / 3670.046) / (57.574 / 3551.94)
=0.017428 / 0.016209
=1.0752

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)
=((77.558 + 3455.779) / 4645.018) / ((89.732 + 2940.545) / 3973.288)
=0.760672 / 0.762662
=0.9974

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
=(91.773 - 0 - 116.497) / 4645.018
=-0.005323

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.

Datatec has a M-score of -2.36 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 -2.48 mean?
Datatec (DTTLF) has a Beneish M-Score of -2.48 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Datatec and its competitors. According to the industry distribution chart, Datatec ranks #1412 out of 2633 companies in the Software industry, placing it in the top 53.6%.
Is Datatec's Beneish M-Score too high?
Datatec's current Beneish M-Score is -2.48. Based on the distribution chart, Datatec ranks #1412 out of 2633 companies in the Software industry, which is below the industry midpoint. Overall, Datatec has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Datatec's Beneish M-Score compare to IBM and ACN?
According to the Software industry distribution chart, Datatec ranks #1412 out of 2633 companies for Beneish M-Score. This places Datatec 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 Software company?
A good Beneish M-Score depends on the Software 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 Datatec and its competitors. Datatec's current Beneish M-Score is -2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Datatec stock overvalued right now?
Based on GuruFocus' analysis, Datatec (DTTLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.09, compared to a current price of $5.58 — trading 167% above its estimated fair value. The current Beneish M-Score is -2.48. Datatec's overall GF Score™ is 64/100 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 Datatec (DTTLF), the current Beneish M-Score is -2.48 as of Jun. 24, 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 Datatec (DTTLF) Overvalued in 2026?

Based on GuruFocus' analysis, Datatec stock appears to be overvalued. The current stock price of $5.58 is trading 167% above its estimated GF Value™ of $2.09. GuruFocus considers Datatec to be Significantly Overvalued.

Key valuation signals for DTTLF:

  • Beneish M-Score: -2.48
  • GF Value™: $2.09 vs. price of $5.58 (167% above fair value)
  • GF Score™: 64/100 with 5 warning signs

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


Datatec Business Description

Address 75 Maude Street, 15th Floor, The Leonardo, Sandown, Sandton, GT, ZAF, 2146
Datatec Ltd is an international ICT solutions and services group operating in more than 50 countries across North America, Latin America, Europe, Africa, the Middle East, and Asia-Pacific. The Group's service offering spans the technology distribution and integration sectors of the ICT market. Its principal activities include Westcon International, which generates the majority of revenue and operates as a value-added technology distributor of cyber security, network infrastructure, unified collaboration products, data centre solutions, channel support services, and financing and leasing solutions for ICT customers, and Logicalis International and Logicalis Latin America, which provide digital services. The Company generates the majority of its revenue from Europe.
64GF Score

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

$5.58
Price
$2.09
GF Value