GBXI (GBX International Group) Beneish M-Score: 0.00 (As of Jun. 30, 2026)


What is GBX International Group Beneish M-Score?

GBX International Group GBXI Beneish M-Score is 0.00 as of Jun. 30, 2026.

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 GBX International Group's Beneish M-Score or its related term are showing as below:

During the past 9 years, the highest Beneish M-Score of GBX International Group was 0.00. The lowest was 0.00. And the median was 0.00.

GBX International Group Beneish M-Score Historical Data

* Premium members only.

The historical data trend for GBX International 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.

GBX International Group Beneish M-Score Chart

GBX International Group Annual Data
Trend Apr03 Apr04 Apr05 Apr06 Apr07 Apr08 Apr09 Apr10 Apr11
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 -12.37 -6.46

GBX International Group Quarterly Data
Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12
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 -8.62 -6.46 -15.35 -26.23 -24.68

GBXI vs RLTR, TGHI: Beneish M-Score Comparison

For the Advertising Agencies subindustry, GBX International 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.

GBX International Group Beneish M-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, GBX International Group's Beneish M-Score distribution charts can be found below:

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


GBX International 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 GBX International Group 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 * 0.0253+0.528 * 1.8206+0.404 * 5.9606+0.892 * 0.7917+0.115 * 0.2602
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.4786+4.679 * -2.060773-0.327 * 13.45
=-14.83

* 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 (Jan12) TTM:Last Year (Jan11) TTM:
Total Receivables was $0.00 Mil.
Revenue was 0.02 + 0.036 + 0.018 + 0.04 = $0.11 Mil.
Gross Profit was -0.079 + -0.083 + -0.073 + -0.082 = $-0.32 Mil.
Total Current Assets was $0.06 Mil.
Total Assets was $0.18 Mil.
Property, Plant and Equipment(Net PPE) was $0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.01 Mil.
Selling, General, & Admin. Expense(SGA) was $0.18 Mil.
Total Current Liabilities was $0.50 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Net Income was -0.069 + -0.254 + -0.368 + -0.173 = $-0.86 Mil.
Non Operating Income was 0.023 + -0.149 + -0.226 + 0 = $-0.35 Mil.
Cash Flow from Operations was -0.021 + -0.014 + -0.091 + -0.013 = $-0.14 Mil.
 Total Receivables was $0.05 Mil.
Revenue was 0.065 + 0.029 + 0.024 + 0.026 = $0.14 Mil.
Gross Profit was -0.463 + -0.114 + -0.143 + -0.009 = $-0.73 Mil.
Total Current Assets was $0.82 Mil.
Total Assets was $0.96 Mil.
Property, Plant and Equipment(Net PPE) was $0.03 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.01 Mil.
Selling, General, & Admin. Expense(SGA) was $0.48 Mil.
Total Current Liabilities was $0.20 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)
=(0.001 / 0.114) / (0.05 / 0.144)
=0.008772 / 0.347222
=0.0253

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)
=(-0.729 / 0.144) / (-0.317 / 0.114)
=-5.0625 / -2.780702
=1.8206

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 - (0.057 + 0.004) / 0.181) / (1 - (0.822 + 0.033) / 0.962)
=0.662983 / 0.111227
=5.9606

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
=0.114 / 0.144
=0.7917

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))
=(0.008 / (0.008 + 0.033)) / (0.012 / (0.012 + 0.004))
=0.195122 / 0.75
=0.2602

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)
=(0.183 / 0.114) / (0.483 / 0.144)
=1.605263 / 3.354167
=0.4786

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 + 0.496) / 0.181) / ((0 + 0.196) / 0.962)
=2.740331 / 0.203742
=13.45

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
=(-0.864 - -0.352 - -0.139) / 0.181
=-2.060773

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.

GBX International Group has a M-score of -14.83 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 0.00 mean?
GBX International Group (GBXI) has a Beneish M-Score of 0.00 as of Jun. 30, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on GBX International Group and its competitors.
Is GBX International Group's Beneish M-Score too high?
GBX International Group's current Beneish M-Score is 0.00.
How does GBX International Group's Beneish M-Score compare to RLTR and TGHI?
GBX International Group's Beneish M-Score of 0.00 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Beneish M-Score depends on the Media - Diversified 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 GBX International Group and its competitors. GBX International Group'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 GBX International Group stock overvalued right now?
GBX International Group (GBXI) has a current Beneish M-Score of 0.00. 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 GBX International Group (GBXI), the current Beneish M-Score is 0.00 as of Jun. 30, 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.

GBX International Group Business Description

Address 2901 West Coast Highway, Suite 200, Newport Beach, CA, USA, 92663
GBX International Group Inc is a marketing and customer acquisition company. It provides local merchants, entrepreneurs, and charities with a unique marketing and advertising system that includes online tools, marketing materials and expertise that can help merchants and charities increase their customer bases, develop more repeat customers and expand their buying and giving communities. The company also offers local merchants discounted credit and debit card processing services provided by third party processors and earns income on ongoing transactions occurring at those locations.