IDWM (IDW Media Holdings) Beneish M-Score: -3.23 (As of Jun. 26, 2026)


IDWM IDW Media Holdings Inc IDWM
31 GF Score
Price $32.25
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What is IDW Media Holdings Beneish M-Score?

IDW Media Holdings IDWM 31 Beneish M-Score is -3.23 as of Jun. 26, 2026. GuruFocus rates IDWM with a GF Score™ of 31/100. The stock has 5 warning signs investors should review. Among 989 Media - Diversified companies, IDW Media Holdings ranks better than 82.31% 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.

Good Sign:

Beneish M-Score -3.23 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

IDWM' s Beneish M-Score Range Over the Past 10 Years
Min: -6.55   Med: -1.74   Max: -0.01
Current: -3.23

During the past 13 years, the highest Beneish M-Score of IDW Media Holdings was -0.01. The lowest was -6.55. And the median was -1.74.

IDW Media Holdings Beneish M-Score Historical Data

* Premium members only.

The historical data trend for IDW Media Holdings'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.

IDW Media Holdings Beneish M-Score Chart

IDW Media Holdings Annual Data
Trend Oct12 Oct13 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -4.43 -3.34 -6.55 -1.20

IDW Media Holdings Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Oct19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr25 Apr26
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 -1.48 -1.20 -1.69 -1.98 -3.23

IDWM vs EDUC, DALN, NYT: Beneish M-Score Comparison

For the Publishing subindustry, IDW Media Holdings'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.

IDW Media Holdings Beneish M-Score vs Media - Diversified Industry

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

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


IDWM
31GF Score
IDW Media Holdings Inc IDWM
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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IDW Media Holdings 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 IDW Media Holdings 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 * 0.6805+0.528 * 1.0267+0.404 * 0.5884+0.892 * 0.8418+0.115 * 1.029
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9671+4.679 * -0.069022-0.327 * 0.5427
=-3.23

* 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 (Apr26) TTM:Last Year (Jul22) TTM:
Total Receivables was $4.31 Mil.
Revenue was 5.679 + 4.783 + 6.593 + 10.479 = $27.53 Mil.
Gross Profit was 2.306 + 2.043 + 3.145 + 6.096 = $13.59 Mil.
Total Current Assets was $20.98 Mil.
Total Assets was $22.67 Mil.
Property, Plant and Equipment(Net PPE) was $0.42 Mil.
Depreciation, Depletion and Amortization(DDA) was $1.91 Mil.
Selling, General, & Admin. Expense(SGA) was $15.63 Mil.
Total Current Liabilities was $2.53 Mil.
Long-Term Debt & Capital Lease Obligation was $0.05 Mil.
Net Income was -0.144 + -0.533 + -1.998 + 0.353 = $-2.32 Mil.
Non Operating Income was 0 + 0 + -0.036 + 0.01 = $-0.03 Mil.
Cash Flow from Operations was 0 + 0 + -0.614 + -0.117 = $-0.73 Mil.
 Total Receivables was $7.52 Mil.
Revenue was 7.712 + 6.053 + 11.849 + 7.093 = $32.71 Mil.
Gross Profit was 3.978 + 2.456 + 7.059 + 3.081 = $16.57 Mil.
Total Current Assets was $23.49 Mil.
Total Assets was $27.19 Mil.
Property, Plant and Equipment(Net PPE) was $1.10 Mil.
Depreciation, Depletion and Amortization(DDA) was $5.91 Mil.
Selling, General, & Admin. Expense(SGA) was $19.20 Mil.
Total Current Liabilities was $5.38 Mil.
Long-Term Debt & Capital Lease Obligation was $0.31 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)
=(4.309 / 27.534) / (7.522 / 32.707)
=0.156497 / 0.229981
=0.6805

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)
=(16.574 / 32.707) / (13.59 / 27.534)
=0.506742 / 0.493572
=1.0267

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 - (20.979 + 0.421) / 22.674) / (1 - (23.492 + 1.098) / 27.186)
=0.056188 / 0.09549
=0.5884

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
=27.534 / 32.707
=0.8418

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))
=(5.907 / (5.907 + 1.098)) / (1.911 / (1.911 + 0.421))
=0.843255 / 0.819468
=1.029

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)
=(15.631 / 27.534) / (19.199 / 32.707)
=0.567698 / 0.587
=0.9671

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)
=((0.049 + 2.528) / 22.674) / ((0.309 + 5.384) / 27.186)
=0.113654 / 0.209409
=0.5427

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
=(-2.322 - -0.026 - -0.731) / 22.674
=-0.069022

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.

IDW Media Holdings has a M-score of -3.23 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 -3.23 mean?
IDW Media Holdings (IDWM) has a Beneish M-Score of -3.23 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on IDW Media Holdings and its competitors. According to the industry distribution chart, IDW Media Holdings ranks #175 out of 989 companies in the Media - Diversified industry, placing it in the top 17.7%.
Is IDW Media Holdings' Beneish M-Score too high?
IDW Media Holdings' current Beneish M-Score is -3.23. Based on the distribution chart, IDW Media Holdings ranks #175 out of 989 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, IDW Media Holdings has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does IDW Media Holdings' Beneish M-Score compare to EDUC and DALN?
According to the Media - Diversified industry distribution chart, IDW Media Holdings ranks #175 out of 989 companies for Beneish M-Score. This places IDW Media Holdings in the top 18% of its industry — outperforming the majority of peers. 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 IDW Media Holdings and its competitors. IDW Media Holdings's current Beneish M-Score is -3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IDW Media Holdings stock overvalued right now?
IDW Media Holdings (IDWM) has a current Beneish M-Score of -3.23. The current Beneish M-Score is -3.23. IDW Media Holdings' overall GF Score™ is 31/100 with 5 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 IDW Media Holdings (IDWM), the current Beneish M-Score is -3.23 as of Jun. 26, 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.

IDW Media Holdings Business Description

Address 14144 Ventura Boulevard, Suite 210, Sherman Oaks, Los Angles, CA, USA, 91423
IDW Media Holdings Inc is a diversified media company with operations in publishing, television entertainment, and media distribution. Its segments include IDW Publishing (IDWP), which creates comic books, graphic novels, digital content, and games; and IDW Entertainment (IDWE), which operates as a production company & studio that develops and produces content and formats for international platforms and services. Maximum of revenue is from IDWP segment.
31GF 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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