GMRS (GMR Solutions) Beneish M-Score: -2.71 (As of Sep. 05, 2026)

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GMRS GMR Solutions Inc GMRS
15 GF Score
Price $13.46
! 2 Warning Signs
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What is GMR Solutions Beneish M-Score?

GMR Solutions GMRS +0.37% 15 Beneish M-Score is -2.71 as of Sep. 05, 2026. GuruFocus rates GMRS with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 627 Healthcare Providers & Services companies, GMR Solutions ranks better than 59.01% 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 -2.71 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

GMRS' s Beneish M-Score Range Over the Past 10 Years
Min: -2.71   Med: -2.71   Max: -2.71
Current: -2.71

During the past 3 years, the highest Beneish M-Score of GMR Solutions was -2.71. The lowest was -2.71. And the median was -2.71.

GMR Solutions Beneish M-Score Historical Data

* Premium members only.

The historical data trend for GMR Solutions'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.

GMR Solutions Beneish M-Score Chart

GMR Solutions Annual Data
Trend Dec23 Dec24 Dec25
Beneish M-Score
0.00 0.00 -2.71

GMR Solutions Semi-Annual Data
Dec23 Dec24 Dec25
Beneish M-Score 0.00 0.00 -2.71

GMRS vs STLN, SRTA, CYH: Beneish M-Score Comparison

For the Medical Care Facilities subindustry, GMR Solutions'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.

GMR Solutions Beneish M-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, GMR Solutions's Beneish M-Score distribution charts can be found below:

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


GMRS
15GF Score
GMR Solutions Inc GMRS
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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GMR Solutions 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 GMR Solutions 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 * 1.0576+0.528 * 1.0491+0.404 * 0.9322+0.892 * 0.9604+0.115 * 0.982
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0399+4.679 * -0.046778-0.327 * 1.0472
=-2.71

* 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was $1,095 Mil.
Revenue was $5,740 Mil.
Gross Profit was $2,233 Mil.
Total Current Assets was $2,132 Mil.
Total Assets was $7,482 Mil.
Property, Plant and Equipment(Net PPE) was $1,650 Mil.
Depreciation, Depletion and Amortization(DDA) was $330 Mil.
Selling, General, & Admin. Expense(SGA) was $3,220 Mil.
Total Current Liabilities was $1,064 Mil.
Long-Term Debt & Capital Lease Obligation was $5,146 Mil.
Net Income was $206 Mil.
Gross Profit was $-85 Mil.
Cash Flow from Operations was $641 Mil.
 Total Receivables was $1,078 Mil.
Revenue was $5,976 Mil.
Gross Profit was $2,439 Mil.
Total Current Assets was $1,818 Mil.
Total Assets was $7,117 Mil.
Property, Plant and Equipment(Net PPE) was $1,523 Mil.
Depreciation, Depletion and Amortization(DDA) was $298 Mil.
Selling, General, & Admin. Expense(SGA) was $3,224 Mil.
Total Current Liabilities was $1,015 Mil.
Long-Term Debt & Capital Lease Obligation was $4,625 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)
=(1094.814 / 5739.776) / (1077.821 / 5976.198)
=0.190742 / 0.180352
=1.0576

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)
=(2438.715 / 5976.198) / (2232.705 / 5739.776)
=0.408071 / 0.388988
=1.0491

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 - (2132.081 + 1649.566) / 7482.045) / (1 - (1817.535 + 1523.216) / 7116.596)
=0.49457 / 0.530569
=0.9322

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
=5739.776 / 5976.198
=0.9604

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))
=(297.796 / (297.796 + 1523.216)) / (329.591 / (329.591 + 1649.566))
=0.163533 / 0.166531
=0.982

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)
=(3220.167 / 5739.776) / (3224.172 / 5976.198)
=0.561027 / 0.539502
=1.0399

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)
=((5145.592 + 1064.429) / 7482.045) / ((4624.948 + 1015.432) / 7116.596)
=0.82999 / 0.792567
=1.0472

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
=(206.227 - -84.924 - 641.146) / 7482.045
=-0.046778

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.

GMR Solutions has a M-score of -2.71 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 -2.71 mean?
GMR Solutions (GMRS) has a Beneish M-Score of -2.71 as of Sep. 05, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on GMR Solutions and its competitors. According to the industry distribution chart, GMR Solutions ranks #257 out of 627 companies in the Healthcare Providers & Services industry, placing it in the top 41%.
Is GMR Solutions' Beneish M-Score too high?
GMR Solutions' current Beneish M-Score is -2.71. Based on the distribution chart, GMR Solutions ranks #257 out of 627 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, GMR Solutions has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does GMR Solutions' Beneish M-Score compare to STLN and SRTA?
According to the Healthcare Providers & Services industry distribution chart, GMR Solutions ranks #257 out of 627 companies for Beneish M-Score. This puts GMR Solutions in the upper 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 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 GMR Solutions and its competitors. GMR Solutions's current Beneish M-Score is -2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMR Solutions stock overvalued right now?
GMR Solutions (GMRS) has a current Beneish M-Score of -2.71. The current Beneish M-Score is -2.71. GMR Solutions' overall GF Score™ is 15/100 with 2 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 GMR Solutions (GMRS), the current Beneish M-Score is -2.71 as of Sep. 05, 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.

GMR Solutions Business Description

Address 4400 Hwy 121, Suite 700, Lewisville, TX, USA, 75056
GMR Solutions Inc is a holding company, along with its various subsidiaries, that delivers compassionate, quality medical care, meeting a patient's unplanned and planned care needs. The group provides emergent, non-emergent, disaster response, and event medical services across the healthcare ecosystem, serving local communities, health systems, payors, public health, and local, state, and federal agencies within the United States.
15GF Score

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

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