HYHDF (Sixty Six Capital) Beneish M-Score: 0.00 (As of Jun. 28, 2026)


What is Sixty Six Capital Beneish M-Score?

Sixty Six Capital HYHDF Beneish M-Score is 0.00 as of Jun. 28, 2026. The stock has 2 warning signs investors should review. Among 704 Capital Markets companies, Sixty Six Capital ranks worse than 142045.31% 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 Sixty Six Capital's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Sixty Six Capital was 407.25. The lowest was -50.51. And the median was -1.85.

Sixty Six Capital Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Sixty Six Capital'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.

Sixty Six Capital Beneish M-Score Chart

Sixty Six Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 407.25 0.00 0.00 0.00 0.00

Sixty Six Capital Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 0.00 0.00 0.00 0.00

HYHDF vs MS, GS, SCHW: Beneish M-Score Comparison

For the Capital Markets subindustry, Sixty Six Capital'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.

Sixty Six Capital Beneish M-Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sixty Six Capital's Beneish M-Score distribution charts can be found below:

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


Sixty Six Capital 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 Sixty Six Capital 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was $0.00 Mil.
Revenue was -3.002 + 0.001 + 0.014 + 0.014 = $-2.97 Mil.
Gross Profit was -3.002 + 0.001 + 0.014 + 0.014 = $-2.97 Mil.
Total Current Assets was $13.04 Mil.
Total Assets was $13.04 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 $0.88 Mil.
Total Current Liabilities was $2.20 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Net Income was -4.887 + 0.806 + 1.302 + -1.635 = $-4.41 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = $0.00 Mil.
Cash Flow from Operations was -0.299 + -0.052 + -0.079 + -0.013 = $-0.44 Mil.
 Total Receivables was $0.00 Mil.
Revenue was 15.527 + 0.017 + 0 + 0 = $15.54 Mil.
Gross Profit was 15.527 + 0.017 + 0 + 0 = $15.54 Mil.
Total Current Assets was $13.02 Mil.
Total Assets was $13.55 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 $0.35 Mil.
Total Current Liabilities was $4.05 Mil.
Long-Term Debt & Capital Lease Obligation was $0.32 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 / -2.973) / (0 / 15.544)
= / 0
=

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)
=(15.544 / 15.544) / (-2.973 / -2.973)
=1 /
=

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 - (13.037 + 0) / 13.037) / (1 - (13.017 + 0) / 13.551)
=0 / 0.039407
=

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
=-2.973 / 15.544
=

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))
= /
=

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)
=(0.878 / -2.973) / (0.35 / 15.544)
= / 0.022517
=

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 + 2.199) / 13.037) / ((0.321 + 4.049) / 13.551)
=0.168674 / 0.322485
=

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
=(-4.414 - 0 - -0.443) / 13.037
=-0.304595

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?
Sixty Six Capital (HYHDF) has a Beneish M-Score of 0.00 as of Jun. 28, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Sixty Six Capital and its competitors. According to the industry distribution chart, Sixty Six Capital ranks #999999 out of 704 companies in the Capital Markets industry.
Is Sixty Six Capital's Beneish M-Score too high?
Sixty Six Capital's current Beneish M-Score is 0.00. Based on the distribution chart, Sixty Six Capital ranks #999999 out of 704 companies in the Capital Markets industry, which is in the bottom quartile relative to peers.
How does Sixty Six Capital's Beneish M-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Sixty Six Capital ranks #999999 out of 704 companies for Beneish M-Score. This places Sixty Six Capital 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 Capital Markets company?
A good Beneish M-Score depends on the Capital Markets 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 Sixty Six Capital and its competitors. Sixty Six Capital'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 Sixty Six Capital stock overvalued right now?
Based on GuruFocus' analysis, Sixty Six Capital (HYHDF) is currently considered Possible Value Trap. 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 Sixty Six Capital (HYHDF), the current Beneish M-Score is 0.00 as of Jun. 28, 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.

Sixty Six Capital Business Description

Other Exchanges 5CR0:GermanySIX:Canada
Address 217 Queen Street West, Suite 401, Vancouver, BC, CAN, M5V 0R2
Sixty Six Capital Inc is an investor and developer active in Fin Tech. The company's investment portfolio consists of shares of Purpose Bitcoin and Purpose Ethereum ETF (ET), and an investment via a Simple Agreement for Future Tokens (SAFT).