DUOT (Duos Technologies Group) Beneish M-Score: -0.62 (As of Jun. 25, 2026)

What is Duos Technologies Group Beneish M-Score?

Duos Technologies Group DUOT -4.32% 55 Beneish M-Score is -0.62 as of Jun. 25, 2026. GuruFocus rates DUOT with a GF Score™ of 55/100 and a GF Value™ of $6.87 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,633 Software companies, Duos Technologies Group ranks worse than 91.04% 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.

Warning Sign:

Beneish M-Score -0.62 higher than -1.78, which implies that the company might have manipulated its financial results.

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

DUOT' s Beneish M-Score Range Over the Past 10 Years
Min: -21.18 Med: -1.74 Max: 3.75
Current: -0.62

During the past 13 years, the highest Beneish M-Score of Duos Technologies Group was 3.75. The lowest was -21.18. And the median was -1.74.

Duos Technologies Group Beneish M-Score Related Terms

Duos Technologies Group Beneish M-Score Historical Data

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The historical data trend for Duos Technologies Group'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.

Duos Technologies Group Beneish M-Score Chart

Duos Technologies Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Beneish M-Score

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-0.34

-1.20

-3.34

-1.74

0.75

Duos Technologies Group 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															-0.87	-2.21	-1.73	0.75	-0.62

DUOT vs XPER, SMWB, RMNI: Beneish M-Score Comparison

For the Software - Application subindustry, Duos Technologies Group'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.

Duos Technologies Group Beneish M-Score vs Software Industry

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

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

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55GF Score

Duos Technologies Group Inc DUOT

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

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Duos Technologies Group 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 Duos Technologies Group for today is based on a combination of the following eight different indices:

-4.84

0.92 * DSRI

0.528 * GMI

0.404 * AQI

0.892 * SGI

0.115 * DEPI

-4.84

0.92 * 1.1836

0.528 * 0.4587

0.404 * 0.1359

0.892 * 2.2212

0.115 * 9.5753

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 0.8605

4.679 * -0.006362

0.327 * 0.2296

-0.62

This Year (Mar26) TTM:

Last Year (Mar25) TTM:

Total Receivables was $7.04 Mil.
Revenue was 2.722 + 9.458 + 6.877 + 5.736 = $24.79 Mil.
Gross Profit was 1.61 + 2.529 + 2.516 + 1.519 = $8.17 Mil.
Total Current Assets was $41.35 Mil.
Total Assets was $122.92 Mil.
Property, Plant and Equipment(Net PPE) was $73.02 Mil.
Depreciation, Depletion and Amortization(DDA) was $2.02 Mil.
Selling, General, & Admin. Expense(SGA) was $19.36 Mil.
Total Current Liabilities was $12.17 Mil.
Long-Term Debt & Capital Lease Obligation was $3.87 Mil.
Net Income was -3.492 + -3.197 + -1.04 + -3.518 = $-11.25 Mil.
Non Operating Income was 0.052 + 0.009 + -0.099 + 0.009 = $-0.03 Mil.
Cash Flow from Operations was -1.362 + -2.716 + -3.156 + -3.202 = $-10.44 Mil.

Total Receivables was $2.68 Mil.
Revenue was 4.952 + 1.461 + 3.239 + 1.51 = $11.16 Mil.
Gross Profit was 1.314 + -0.33 + 0.919 + -0.215 = $1.69 Mil.
Total Current Assets was $7.46 Mil.
Total Assets was $34.09 Mil.
Property, Plant and Equipment(Net PPE) was $9.18 Mil.
Depreciation, Depletion and Amortization(DDA) was $3.20 Mil.
Selling, General, & Admin. Expense(SGA) was $10.13 Mil.
Total Current Liabilities was $13.97 Mil.
Long-Term Debt & Capital Lease Obligation was $5.41 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)
	=	(7.035 / 24.793)	/	(2.676 / 11.162)
	=	0.283749	/	0.239742
	=	1.1836

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)
	=	(1.688 / 11.162)	/	(8.174 / 24.793)
	=	0.151227	/	0.32969
	=	0.4587

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 - (41.352 + 73.016) / 122.917)	/	(1 - (7.464 + 9.182) / 34.087)
	=	0.069551	/	0.511661
	=	0.1359

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
	=	24.793	/	11.162
	=	2.2212

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))
	=	(3.195 / (3.195 + 9.182))	/	(2.023 / (2.023 + 73.016))
	=	0.25814	/	0.026959
	=	9.5753

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)
	=	(19.356 / 24.793)	/	(10.127 / 11.162)
	=	0.780704	/	0.907275
	=	0.8605

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)
	=	((3.869 + 12.172) / 122.917)	/	((5.405 + 13.966) / 34.087)
	=	0.130503	/	0.568281
	=	0.2296

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
	=	(-11.247 - -0.029	-	-10.436)	/	122.917
	=	-0.006362

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.

Duos Technologies Group has a M-score of -0.62 signals that the company is likely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →

What does a Beneish M-Score of -0.62 mean?

Duos Technologies Group (DUOT) has a Beneish M-Score of -0.62 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Duos Technologies Group and its competitors. According to the industry distribution chart, Duos Technologies Group ranks #2397 out of 2633 companies in the Software industry, placing it in the top 91%.

Is Duos Technologies Group's Beneish M-Score too high?

Duos Technologies Group's current Beneish M-Score is -0.62. Based on the distribution chart, Duos Technologies Group ranks #2397 out of 2633 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Duos Technologies Group has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Duos Technologies Group's Beneish M-Score compare to XPER and SMWB?

According to the Software industry distribution chart, Duos Technologies Group ranks #2397 out of 2633 companies for Beneish M-Score. This places Duos Technologies Group 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 Duos Technologies Group and its competitors. Duos Technologies Group's current Beneish M-Score is -0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Duos Technologies Group stock overvalued right now?

Based on GuruFocus' analysis, Duos Technologies Group (DUOT) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.87, compared to a current price of $10.85 — trading 57.9% above its estimated fair value. The current Beneish M-Score is -0.62. Duos Technologies Group's overall GF Score™ is 55/100 with 3 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 Duos Technologies Group (DUOT), the current Beneish M-Score is -0.62 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 Duos Technologies Group (DUOT) Overvalued in 2026?

Based on GuruFocus' analysis, Duos Technologies Group stock appears to be overvalued. The current stock price of $10.85 is trading 57.9% above its estimated GF Value™ of $6.87. GuruFocus considers Duos Technologies Group to be Significantly Overvalued.

Key valuation signals for DUOT:

Beneish M-Score: -0.62
GF Value™: $6.87 vs. price of $10.85 (57.9% above fair value)
GF Score™: 55/100 with 3 warning signs

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

Duos Technologies Group Business Description

Industry Technology Software

Comparable Companies XPER SMWB RMNI BLND CURR API GLOO SPT DMRC SVCO XTER:SAP CRM SHOP UBER NOW ADBE CDNS INTU ADP SNOW

Address 7660 Centurion Parkway, Suite 100, Jacksonville, FL, USA, 32256

Website https://www.duostechnologies.com

Duos Technologies Group Inc delivers AI-driven technologies, edge computing infrastructure, and energy consulting services to support data-intensive and mission-critical operations. It manages, operates, engineers, software development, customer support and project implementation and management across three market segments, including rail technology deployment, Data Center co-location facilities, and behind-the-meter electrical power provision. It also continues to operate as a technology company which designs, develops, deploys, and operates intelligent technology solutions with a focus on software applications and artificial intelligence (AI) in addition to large projects, consulting, implementation, and asset management.

55GF Score

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$10.85

Price

$6.87

GF Value

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