Windfall Geotek (FRA:L7C2) Beneish M-Score: 0.00 (As of Jul. 08, 2026)


What is Windfall Geotek Beneish M-Score?

Windfall Geotek FRA:L7C2 Beneish M-Score is 0.00 as of Jul. 08, 2026. The stock has 5 warning signs investors should review. Among 2,625 Software companies, Windfall Geotek ranks worse than 38095.2% 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 Windfall Geotek's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Windfall Geotek was 9.94. The lowest was -5.28. And the median was 2.41.

Windfall Geotek Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Windfall Geotek'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.

Windfall Geotek Beneish M-Score Chart

Windfall Geotek 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 -5.28 2.41 0.00 0.00 0.00

Windfall Geotek Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 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 0.00 0.00 0.00 0.00 0.00

FRA:L7C2 vs UBER, SHOP, CRM: Beneish M-Score Comparison

For the Software - Application subindustry, Windfall Geotek'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.

Windfall Geotek Beneish M-Score vs Software Industry

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

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


Windfall Geotek 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 Windfall Geotek 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 (Feb26) TTM:Last Year (Feb25) TTM:
Total Receivables was €0.01 Mil.
Revenue was 0.056 + 0.034 + 0.012 + 0.016 = €0.12 Mil.
Gross Profit was 0.056 + 0.034 + 0.012 + 0.016 = €0.12 Mil.
Total Current Assets was €0.14 Mil.
Total Assets was €0.14 Mil.
Property, Plant and Equipment(Net PPE) was €0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was €0.00 Mil.
Selling, General, & Admin. Expense(SGA) was €0.74 Mil.
Total Current Liabilities was €0.22 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Net Income was -0.456 + -0.124 + -0.067 + -0.083 = €-0.73 Mil.
Non Operating Income was -0.129 + 0 + 0.006 + -0.005 = €-0.13 Mil.
Cash Flow from Operations was -0.148 + -0.117 + -0.091 + 0.013 = €-0.34 Mil.
 Total Receivables was €0.12 Mil.
Revenue was 0.047 + 0.067 + 0.017 + 0.068 = €0.20 Mil.
Gross Profit was 0.047 + 0.067 + 0.017 + 0.068 = €0.20 Mil.
Total Current Assets was €0.23 Mil.
Total Assets was €0.23 Mil.
Property, Plant and Equipment(Net PPE) was €0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was €0.00 Mil.
Selling, General, & Admin. Expense(SGA) was €0.76 Mil.
Total Current Liabilities was €0.23 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)
=(0.007 / 0.118) / (0.122 / 0.199)
=0.059322 / 0.613065
=

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)
=(0.199 / 0.199) / (0.118 / 0.118)
=1 / 1
=

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 - (0.144 + 0) / 0.144) / (1 - (0.232 + 0) / 0.232)
=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
=0.118 / 0.199
=

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 / (0 + 0)) / (0 / (0 + 0))
= /
=

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)
=(0.74 / 0.118) / (0.76 / 0.199)
=6.271186 / 3.819095
=

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 + 0.218) / 0.144) / ((0 + 0.227) / 0.232)
=1.513889 / 0.978448
=

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
=(-0.73 - -0.128 - -0.343) / 0.144
=-1.798611

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?
Windfall Geotek (FRA:L7C2) has a Beneish M-Score of 0.00 as of Jul. 08, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Windfall Geotek and its competitors. According to the industry distribution chart, Windfall Geotek ranks #999999 out of 2625 companies in the Software industry.
Is Windfall Geotek's Beneish M-Score too high?
Windfall Geotek's current Beneish M-Score is 0.00. Based on the distribution chart, Windfall Geotek ranks #999999 out of 2625 companies in the Software industry, which is in the bottom quartile relative to peers.
How does Windfall Geotek's Beneish M-Score compare to UBER and SHOP?
According to the Software industry distribution chart, Windfall Geotek ranks #999999 out of 2625 companies for Beneish M-Score. This places Windfall Geotek 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 Windfall Geotek and its competitors. Windfall Geotek'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 Windfall Geotek stock overvalued right now?
Based on GuruFocus' analysis, Windfall Geotek (FRA:L7C2) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.01, compared to a current price of €0.01 — trading 22% above its estimated fair value. The current Beneish M-Score is 0.00. 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 Windfall Geotek (FRA:L7C2), the current Beneish M-Score is 0.00 as of Jul. 08, 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.

Windfall Geotek Business Description

Other Exchanges WINKF:USAWIN:Canada
Address 333 Bay Street, Suite 2400, Toronto, ON, CAN, M5H 2T6
Windfall Geotek Inc is an Artificial Intelligence company developing its proprietary CARDS analysis and data mining techniques. The Company is exploring a new business model through which it will advance projects where the CARDS artificial intelligence software platform has identified high-potential targets. The company has determined that it operates in two segments, being acquisition, exploration, and development of mineral properties for economically recoverable reserves in Canada and providing AI services.