IGLDF (Golden Energy Power) Beneish M-Score: 0.00 (As of Jun. 25, 2026)

What is Golden Energy Power Beneish M-Score?

Golden Energy Power IGLDF 16 Beneish M-Score is 0.00 as of Jun. 25, 2026. GuruFocus rates IGLDF with a GF Score™ of 16/100. The stock has 8 warning signs investors should review. Among 355 Telecommunication Services companies, Golden Energy Power ranks worse than 281689.86% 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 Golden Energy Power's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Golden Energy Power was -3.13. The lowest was -44.76. And the median was -3.61.

Golden Energy Power Beneish M-Score Related Terms

Golden Energy Power Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Golden Energy Power'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.

Golden Energy Power Beneish M-Score Chart

Golden Energy Power Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec21

Dec22

Dec23

Dec24

Dec25

Beneish M-Score

Get a 7-Day Free Trial

0.00

Golden Energy Power Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Dec19	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Beneish M-Score	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

IGLDF vs TMUS, VZ, T: Beneish M-Score Comparison

For the Telecom Services subindustry, Golden Energy Power'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.

Golden Energy Power Beneish M-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Golden Energy Power's Beneish M-Score distribution charts can be found below:

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

Save Embed

16GF Score

Golden Energy Power Ltd IGLDF

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Golden Energy Power 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 Golden Energy Power for today is based on a combination of the following eight different indices:

-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 *

This Year (Dec25) TTM:

Last Year (Dec24) TTM:

Total Receivables was $1.05 Mil.
Revenue was $4.90 Mil.
Gross Profit was $1.43 Mil.
Total Current Assets was $3.77 Mil.
Total Assets was $8.06 Mil.
Property, Plant and Equipment(Net PPE) was $0.93 Mil.
Depreciation, Depletion and Amortization(DDA) was $1.17 Mil.
Selling, General, & Admin. Expense(SGA) was $2.22 Mil.
Total Current Liabilities was $5.67 Mil.
Long-Term Debt & Capital Lease Obligation was $0.42 Mil.
Net Income was $-13.10 Mil.
Gross Profit was $0.00 Mil.
Cash Flow from Operations was $-3.76 Mil.

Total Receivables was $0.23 Mil.
Revenue was $0.00 Mil.
Gross Profit was $0.00 Mil.
Total Current Assets was $1.37 Mil.
Total Assets was $2.72 Mil.
Property, Plant and Equipment(Net PPE) was $0.48 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.24 Mil.
Selling, General, & Admin. Expense(SGA) was $0.40 Mil.
Total Current Liabilities was $0.48 Mil.
Long-Term Debt & Capital Lease Obligation was $0.07 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)
	=	(1.053 / 4.895)	/	(0.228 / 0)
	=	0.215117	/
	=

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 / 0)	/	(1.43 / 4.895)
	=		/	0.292135
	=

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 - (3.771 + 0.926) / 8.058)	/	(1 - (1.373 + 0.475) / 2.721)
	=	0.417101	/	0.320838
	=

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
	=	4.895	/	0
	=

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))
	=	(0.244 / (0.244 + 0.475))	/	(1.172 / (1.172 + 0.926))
	=	0.33936	/	0.558627
	=

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)
	=	(2.224 / 4.895)	/	(0.401 / 0)
	=	0.454341	/
	=

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)
	=	((0.419 + 5.672) / 8.058)	/	((0.067 + 0.477) / 2.721)
	=	0.755895	/	0.199926
	=

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
	=	(-13.095 - 0	-	-3.759)	/	8.058
	=	-1.1586

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?

Golden Energy Power (IGLDF) has a Beneish M-Score of 0.00 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Golden Energy Power and its competitors. According to the industry distribution chart, Golden Energy Power ranks #999999 out of 355 companies in the Telecommunication Services industry.

Is Golden Energy Power's Beneish M-Score too high?

Golden Energy Power's current Beneish M-Score is 0.00. Based on the distribution chart, Golden Energy Power ranks #999999 out of 355 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Golden Energy Power has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.

How does Golden Energy Power's Beneish M-Score compare to TMUS and VZ?

According to the Telecommunication Services industry distribution chart, Golden Energy Power ranks #999999 out of 355 companies for Beneish M-Score. This places Golden Energy Power 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 Telecommunication Services company?

A good Beneish M-Score depends on the Telecommunication 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 Golden Energy Power and its competitors. Golden Energy Power'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 Golden Energy Power stock overvalued right now?

Golden Energy Power (IGLDF) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Golden Energy Power's overall GF Score™ is 16/100 with 8 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 Golden Energy Power (IGLDF), the current Beneish M-Score is 0.00 as of Jun. 25, 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.

Golden Energy Power Business Description

Industry Communication Services Telecommunication Services

Comparable Companies XTAE:SCC XTAE:NXTM XTAE:GLTL TSE:9984 SHSE:600941 TMUS VZ T XTER:DTE NSE:BHARTIARTL CMCSA XZIM:ECO.ZW HKSE:00728 MEX:AMXB TSE:9432 TSE:9433 TSE:9434 SAU:7010 SGX:Z74 XPAR:ORA

Other Exchanges GLDE:Israel

Address 2 Dov Friedman Street, Ramat Gan, ISR, 5250301

Website http://www.igld.com

Golden Energy Power Ltd formerly Internet Gold-Golden Lines Ltd is communications group in Israel. The company's principal subsidiary is B Communications, through which it owns the controlling interest in Bezeq which is a telecommunications service provider. Bezeq mainly provides communications services in Israel offering a broad range of telecommunications operations and services, including domestic fixed-line, cellular and international communication services, Internet services, multi-channel television, television and radio broadcasts, satellite broadcasts, customer call centers, maintenance and development of communications infrastructures. It also provides communications services to other communications providers and the supply and maintenance of equipment on customer premises.

16GF Score

Get the complete analysis for IGLDF

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

$1.97

Price

View IGLDF Analysis

See Beneish M-Score data for all stocks →