Genie EnergyGNE -0.21%68 Beneish M-Score is -2.65 as of Jun. 30, 2026. GuruFocus rates GNE with a GF Score™ of 68/100 and a GF Value™ of $18.48 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 488 Utilities - Regulated companies, Genie Energy ranks better than 58.2% 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.
Good Sign:
Beneish M-Score -2.65 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Genie Energy's Beneish M-Score or its related term are showing as below:
GNE'
s Beneish M-Score Range Over the Past 10 Years
Min: -6.16 Med: -2.46 Max: -1.59
Current: -2.65
During the past 13 years, the highest Beneish M-Score of Genie Energy was -1.59. The lowest was -6.16. And the median was -2.46.
Genie Energy Beneish M-Score Related Terms
Genie Energy Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Genie Energy'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.
GNE vs NKLR, IMSR, SUME: Beneish M-Score Comparison
For the Utilities - Regulated Electric subindustry, Genie Energy'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.
Genie Energy Beneish M-Score vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Genie Energy's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Genie Energy'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 Genie Energy 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 * 0.8909
+
0.528 * 1.3913
+
0.404 * 0.3265
+
0.892 * 1.1473
+
0.115 * 0.8152
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9178
+
4.679 * -0.02285
-
0.327 * 1.0589
=
-2.65
* 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))
=
(0.9 / (0.9 + 27.669))
/
(1.126 / (1.126 + 28.012))
=
0.031503
/
0.038644
=
0.8152
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
=
(16.153 - 0.284
-
24.471)
/
376.457
=
-0.02285
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.
Genie Energy has a M-score of -2.65 suggests that the company is unlikely to be a manipulator.
Genie Energy (GNE) has a Beneish M-Score of -2.65 as of Jun. 30, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Genie Energy and its competitors. According to the industry distribution chart, Genie Energy ranks #204 out of 488 companies in the Utilities - Regulated industry, placing it in the top 41.8%.
Is Genie Energy's Beneish M-Score too high?
Genie Energy's current Beneish M-Score is -2.65. Based on the distribution chart, Genie Energy ranks #204 out of 488 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Genie Energy has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Genie Energy's Beneish M-Score compare to NKLR and IMSR?
According to the Utilities - Regulated industry distribution chart, Genie Energy ranks #204 out of 488 companies for Beneish M-Score. This puts Genie Energy 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 an Utilities - Regulated company?
A good Beneish M-Score depends on the Utilities - Regulated 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 Genie Energy and its competitors. Genie Energy's current Beneish M-Score is -2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genie Energy stock overvalued right now?
Based on GuruFocus' analysis, Genie Energy (GNE) is currently considered Modestly Undervalued. The stock's GF Value™ is $18.48, compared to a current price of $14.45 — trading 21.8% below its estimated fair value. The current Beneish M-Score is -2.65. Genie Energy's overall GF Score™ is 68/100 with 1 warning sign 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 Genie Energy (GNE), the current Beneish M-Score is -2.65 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.
Is Genie Energy (GNE) Overvalued in 2026?
Based on GuruFocus' analysis, Genie Energy stock appears to be undervalued.
The current stock price of $14.45 is trading 21.8% below its estimated GF Value™ of $18.48.
GuruFocus considers Genie Energy to be Modestly Undervalued.
Key valuation signals for GNE:
Beneish M-Score: -2.65
GF Value™: $18.48 vs. price of $14.45 (21.8% below fair value)
No single metric tells the full story. See the GNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Genie Energy Ltd, through its subsidiaries, operates as a retail energy provider. It serves two reportable business segments: Genie retail energy, or GRE, and Genie renewables. The Genie retail energy segment resells energy to residential and commercial consumers in the Eastern and Midwestern United States through its portfolio of various retail energy providers. The Genie renewables segment holds controlling interests in various companies engaged in the manufacturing of solar panels, solar installation design, and solar energy project management. It generates the majority of its revenue from the Genie retail energy segment.
68GF Score
Get the complete analysis for GNE
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
GNE has been successfully added to your 
