Eastport Critical Metals (FRA:5NM) Beneish M-Score: 0.00 (As of Jul. 16, 2026)

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FRA:5NM Eastport Critical Metals Corp FRA:5NM
17 GF Score
Price €0.35
! 1 Warning Sign
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What is Eastport Critical Metals Beneish M-Score?

Eastport Critical Metals FRA:5NM -3.30% 17 Beneish M-Score is 0.00 as of Jul. 16, 2026. GuruFocus rates FRA:5NM with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 681 Metals & Mining companies, Eastport Critical Metals ranks worse than 146842.73% 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.

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

During the past 3 years, the highest Beneish M-Score of Eastport Critical Metals was 0.00. The lowest was 0.00. And the median was 0.00.

Eastport Critical Metals Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Eastport Critical Metals'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.

Eastport Critical Metals Beneish M-Score Chart

Eastport Critical Metals Annual Data
Trend Oct23 Oct24 Oct25
Beneish M-Score
0.00 0.00 0.00

Eastport Critical Metals Quarterly Data
Oct23 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Eastport Critical Metals Beneish M-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Eastport Critical Metals'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.

Eastport Critical Metals Beneish M-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Eastport Critical Metals's Beneish M-Score distribution charts can be found below:

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


FRA:5NM
17GF Score
Eastport Critical Metals Corp FRA:5NM
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Eastport Critical Metals 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 Eastport Critical Metals 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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 (Apr26) TTM:Last Year (Apr25) TTM:
Total Receivables was €0.24 Mil.
Revenue was 0 + 0 + 0 + 0 = €0.00 Mil.
Gross Profit was -0.012 + -0.027 + -0.006 + -0.004 = €-0.05 Mil.
Total Current Assets was €1.95 Mil.
Total Assets was €2.10 Mil.
Property, Plant and Equipment(Net PPE) was €0.15 Mil.
Depreciation, Depletion and Amortization(DDA) was €0.03 Mil.
Selling, General, & Admin. Expense(SGA) was €1.19 Mil.
Total Current Liabilities was €0.34 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Net Income was -1.139 + -1.477 + -0.419 + -0.281 = €-3.32 Mil.
Non Operating Income was -0.001 + -0.294 + 0.077 + 0.083 = €-0.14 Mil.
Cash Flow from Operations was -1.289 + -1.785 + -0.251 + -0.156 = €-3.48 Mil.
 Total Receivables was €0.00 Mil.
Revenue was 0 + 0 + 0 + 0 = €0.00 Mil.
Gross Profit was -0.009 + -0.007 + -0.007 + -0.007 = €-0.03 Mil.
Total Current Assets was €0.00 Mil.
Total Assets was €0.00 Mil.
Property, Plant and Equipment(Net PPE) was €0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was €0.02 Mil.
Selling, General, & Admin. Expense(SGA) was €0.69 Mil.
Total Current Liabilities was €0.00 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 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)
=(0.242 / 0) / (0 / 0)
= /
=

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)
=(-0.03 / 0) / (-0.049 / 0)
= /
=

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 - (1.949 + 0.154) / 2.103) / (1 - (0 + 0) / 0)
=0 /
=

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
=0 / 0
=

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))
=(0.023 / (0.023 + 0)) / (0.032 / (0.032 + 0.154))
=1 / 0.172043
=

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)
=(1.186 / 0) / (0.693 / 0)
= /
=

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)
=((0 + 0.339) / 2.103) / ((0 + 0) / 0)
=0.161198 /
=

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
=(-3.316 - -0.135 - -3.481) / 2.103
=0.142653

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.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
Eastport Critical Metals (FRA:5NM) has a Beneish M-Score of 0.00 as of Jul. 16, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Eastport Critical Metals and its competitors. According to the industry distribution chart, Eastport Critical Metals ranks #999999 out of 681 companies in the Metals & Mining industry.
Is Eastport Critical Metals' Beneish M-Score too high?
Eastport Critical Metals' current Beneish M-Score is 0.00. Based on the distribution chart, Eastport Critical Metals ranks #999999 out of 681 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Eastport Critical Metals has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Eastport Critical Metals' Beneish M-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Eastport Critical Metals ranks #999999 out of 681 companies for Beneish M-Score. This places Eastport Critical Metals 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 Metals & Mining company?
A good Beneish M-Score depends on the Metals & Mining 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 Eastport Critical Metals and its competitors. Eastport Critical Metals's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastport Critical Metals stock overvalued right now?
Eastport Critical Metals (FRA:5NM) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Eastport Critical Metals' overall GF Score™ is 17/100 with 1 warning sign 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 Eastport Critical Metals (FRA:5NM), the current Beneish M-Score is 0.00 as of Jul. 16, 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.

Eastport Critical Metals Business Description

Other Exchanges EVI:Canada
Address 22 Leader Lane, Suite 409, Toronto, ON, CAN, M5E 0B2
Eastport Critical Metals Corp is a critical minerals development company advancing five projects in Botswana. The company's flagship asset is the Matsitama Copper Project, which hosts multiple sizeable targets across the Matsitama copper district. The company's additional projects include Selebi East, a nickel-copper-cobalt project located at Selebi Mines; the Semarule Rare Earth Elements Project, positioned within the Gaborone-Molepolole corridor; the Foley Uranium Project, adjoining the Letlhakane uranium deposit; and the Keng Project, which targets nickel, copper and PGE's on the northern margin of the Molopo Farms Complex.
17GF Score

Get the complete analysis for FRA:5NM

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

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