DelotaFRA:S62 Beneish M-Score is -3.35 as of Jun. 27, 2026. The stock has 5 warning signs investors should review. Among 633 Healthcare Providers & Services companies, Delota ranks better than 86.41% 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 -3.35 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Delota's Beneish M-Score or its related term are showing as below:
FRA:S62'
s Beneish M-Score Range Over the Past 10 Years
Min: -6.3 Med: -3.22 Max: 16.71
Current: -3.35
During the past 10 years, the highest Beneish M-Score of Delota was 16.71. The lowest was -6.30. And the median was -3.22.
Delota Beneish M-Score Related Terms
Delota Beneish M-Score Historical Data
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The historical data trend for Delota'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.
For the Pharmaceutical Retailers subindustry, Delota'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.
Delota Beneish M-Score vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Delota's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Delota'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 Delota 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 * 0.9544
+
0.528 * 1.1553
+
0.404 * 1.0769
+
0.892 * 0.8785
+
0.115 * 0.8933
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.8948
+
4.679 * -0.193069
-
0.327 * 1.0679
=
-3.44
* 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))
=
(1.101 / (1.101 + 2.821))
/
(0.978 / (0.978 + 2.134))
=
0.280724
/
0.314267
=
0.8933
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
=
(-0.213 - 0.35
-
0.958)
/
7.878
=
-0.193069
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.
Delota has a M-score of -3.44 suggests that the company is unlikely to be a manipulator.
Delota (FRA:S62) has a Beneish M-Score of -3.35 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Delota and its competitors. According to the industry distribution chart, Delota ranks #86 out of 633 companies in the Healthcare Providers & Services industry, placing it in the top 13.6%.
Is Delota's Beneish M-Score too high?
Delota's current Beneish M-Score is -3.35. Based on the distribution chart, Delota ranks #86 out of 633 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers.
How does Delota's Beneish M-Score compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, Delota ranks #86 out of 633 companies for Beneish M-Score. This places Delota in the top 14% of its industry — outperforming the majority of peers. 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 Delota and its competitors. Delota's current Beneish M-Score is -3.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delota stock overvalued right now?
Based on GuruFocus' analysis, Delota (FRA:S62) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.07, compared to a current price of €0.03 — trading 57.1% below its estimated fair value. The current Beneish M-Score is -3.35. 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 Delota (FRA:S62), the current Beneish M-Score is -3.35 as of Jun. 27, 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.
Delota Corp is a cannabis and nicotine retailer. The company is engaged in developing retail cannabis and nicotine brands in Canada by growing its retail footprint and developing retail banners. The Company's flagship brand, one hundred eighty Smoke Vape Store, stands as Ontario's omni channel specialty vape retailer, fueling innovation, growth, and leadership in the nicotine vape and alternative tobacco sector. The Company operates twenty nine brick-and-mortar specialty vape stores in Ontario under the one hundred eighty Smoke Vape Store brand, a dominant national e-commerce platform and three licensed dispensaries in Ontario under the Offside Cannabis brand.
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