GMTH (GMTech) Beneish M-Score: 0.00 (As of Jul. 06, 2026)


What is GMTech Beneish M-Score?

GMTech GMTH -0.20% Beneish M-Score is 0.00 as of Jul. 06, 2026. The stock has 3 warning signs investors should review. Among 2,626 Software companies, GMTech ranks worse than 38080.69% 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 GMTech's Beneish M-Score or its related term are showing as below:

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

GMTech Beneish M-Score Historical Data

* Premium members only.

The historical data trend for GMTech'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.

GMTech Beneish M-Score Chart

GMTech Annual Data
Trend Oct23 Oct24 Oct25
Beneish M-Score
0.00 0.00 0.00

GMTech Quarterly Data
Jan23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

GMTH vs DROP, SMKG, ATDS: Beneish M-Score Comparison

For the Software - Infrastructure subindustry, GMTech'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.

GMTech Beneish M-Score vs Software Industry

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

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


GMTech 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 GMTech 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 (Oct25) TTM:Last Year (Oct24) TTM:
Total Receivables was $0.41 Mil.
Revenue was 0.038 + 0.116 + 3.324 + 0 = $3.48 Mil.
Gross Profit was 0.006 + 0.089 + 2.566 + 0 = $2.66 Mil.
Total Current Assets was $1.28 Mil.
Total Assets was $1.38 Mil.
Property, Plant and Equipment(Net PPE) was $0.08 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.00 Mil.
Selling, General, & Admin. Expense(SGA) was $2.15 Mil.
Total Current Liabilities was $0.84 Mil.
Long-Term Debt & Capital Lease Obligation was $0.01 Mil.
Net Income was -0.023 + -0.174 + 0.945 + -0.334 = $0.41 Mil.
Non Operating Income was -0.005 + 0 + 0 + 0 = $-0.01 Mil.
Cash Flow from Operations was -0.054 + -0.325 + 0.239 + 0.283 = $0.14 Mil.
 Total Receivables was $0.00 Mil.
Revenue was 0.006 + 0.012 + 0.012 + 0.023 = $0.05 Mil.
Gross Profit was 0.006 + 0.012 + 0.007 + 0.018 = $0.04 Mil.
Total Current Assets was $0.12 Mil.
Total Assets was $0.12 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 $0.08 Mil.
Total Current Liabilities was $0.01 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)
=(0.41 / 3.478) / (0.002 / 0.053)
=0.117884 / 0.037736
=

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)
=(0.043 / 0.053) / (2.661 / 3.478)
=0.811321 / 0.765095
=

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 - (1.276 + 0.075) / 1.376) / (1 - (0.117 + 0) / 0.117)
=0.018169 / 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
=3.478 / 0.053
=

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 + 0.075))
= / 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)
=(2.153 / 3.478) / (0.075 / 0.053)
=0.619034 / 1.415094
=

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)
=((0.011 + 0.841) / 1.376) / ((0 + 0.008) / 0.117)
=0.619186 / 0.068376
=

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
=(0.414 - -0.005 - 0.143) / 1.376
=0.200581

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?
GMTech (GMTH) has a Beneish M-Score of 0.00 as of Jul. 06, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on GMTech and its competitors. According to the industry distribution chart, GMTech ranks #999999 out of 2626 companies in the Software industry.
Is GMTech's Beneish M-Score too high?
GMTech's current Beneish M-Score is 0.00. Based on the distribution chart, GMTech ranks #999999 out of 2626 companies in the Software industry, which is in the bottom quartile relative to peers.
How does GMTech's Beneish M-Score compare to DROP and SMKG?
According to the Software industry distribution chart, GMTech ranks #999999 out of 2626 companies for Beneish M-Score. This places GMTech 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 GMTech and its competitors. GMTech'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 GMTech stock overvalued right now?
GMTech (GMTH) 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 GMTech (GMTH), the current Beneish M-Score is 0.00 as of Jul. 06, 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.

GMTech Business Description

Address No.3 Salisbury Road, Room 1534, 15th Floor, Star House, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
GMTech Inc is a holding company. Through its subsidiary, the company offers IT consulting services and development solutions for CRM systems, corporate websites, and mobile phone Apps. In addition to the IT consulting services, It is also planning to develop an automated and AI-powered development tool (AI-Development Tool) that can be used by small and medium businesses to design, develop, and maintain their CRM system, websites, and Apps more efficiently and automatically with fewer needs of external engineers and consultants. It also engages in sale of smartphones to wholesale and retail customers in Asia.