Yeo Teknoloji Enerji Ve Endustri AS (IST:YEOTK) Beneish M-Score: -1.12 (As of Jul. 03, 2026)


IST:YEOTK Yeo Teknoloji Enerji Ve Endustri AS IST:YEOTK
87 GF Score
Price ₺97.25
GF Value ₺90.34
Valuation Fairly Valued
! 9 Warning Signs
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What is Yeo Teknoloji Enerji Ve Endustri AS Beneish M-Score?

Yeo Teknoloji Enerji Ve Endustri AS IST:YEOTK -0.36% 87 Beneish M-Score is -1.12 as of Jul. 03, 2026. GuruFocus rates IST:YEOTK with a GF Score™ of 87/100 and a GF Value™ of ₺90.34 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,700 Construction companies, Yeo Teknoloji Enerji Ve Endustri AS ranks worse than 90.29% 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.

Warning Sign:

Beneish M-Score -1.12 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Yeo Teknoloji Enerji Ve Endustri AS's Beneish M-Score or its related term are showing as below:

IST:YEOTK' s Beneish M-Score Range Over the Past 10 Years
Min: -2.69   Med: 0.35   Max: 20.84
Current: -1.12

During the past 8 years, the highest Beneish M-Score of Yeo Teknoloji Enerji Ve Endustri AS was 20.84. The lowest was -2.69. And the median was 0.35.


Yeo Teknoloji Enerji Ve Endustri AS Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Yeo Teknoloji Enerji Ve Endustri AS'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.

Yeo Teknoloji Enerji Ve Endustri AS Beneish M-Score Chart

Yeo Teknoloji Enerji Ve Endustri AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 3.36 4.86 0.22 -2.38 -0.12

Yeo Teknoloji Enerji Ve Endustri AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -2.17 -2.69 -1.22 -0.12 -1.12

IST:YEOTK vs PWR, FIX, EME: Beneish M-Score Comparison

For the Engineering & Construction subindustry, Yeo Teknoloji Enerji Ve Endustri AS'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.


Yeo Teknoloji Enerji Ve Endustri AS Beneish M-Score vs Construction Industry

For the Construction industry and Industrials sector, Yeo Teknoloji Enerji Ve Endustri AS's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Yeo Teknoloji Enerji Ve Endustri AS's Beneish M-Score falls into.


IST:YEOTK
87GF Score
Yeo Teknoloji Enerji Ve Endustri AS IST:YEOTK
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Yeo Teknoloji Enerji Ve Endustri AS 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 Yeo Teknoloji Enerji Ve Endustri AS 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 * 1.3664+0.528 * 1.2153+0.404 * 1.011+0.892 * 1.9069+0.115 * 2.2949
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.7525+4.679 * -0.010286-0.327 * 1.1561
=-1.12

* 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was ₺10,735 Mil.
Revenue was 4162.901 + 6458.541 + 5714.565 + 2429.494 = ₺18,766 Mil.
Gross Profit was 1844.087 + 1838.902 + 1371.833 + 312.31 = ₺5,367 Mil.
Total Current Assets was ₺16,223 Mil.
Total Assets was ₺25,689 Mil.
Property, Plant and Equipment(Net PPE) was ₺7,543 Mil.
Depreciation, Depletion and Amortization(DDA) was ₺199 Mil.
Selling, General, & Admin. Expense(SGA) was ₺850 Mil.
Total Current Liabilities was ₺15,609 Mil.
Long-Term Debt & Capital Lease Obligation was ₺4,251 Mil.
Net Income was 195.051 + 757.506 + 813.286 + -140.205 = ₺1,626 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = ₺0 Mil.
Cash Flow from Operations was 917.407 + 1132.694 + -1338.737 + 1178.516 = ₺1,890 Mil.
Total Receivables was ₺4,120 Mil.
Revenue was 2237.227 + 2665.549 + 2550.035 + 2387.931 = ₺9,841 Mil.
Gross Profit was 738.446 + 881.624 + 1014.9 + 785.699 = ₺3,421 Mil.
Total Current Assets was ₺7,756 Mil.
Total Assets was ₺11,209 Mil.
Property, Plant and Equipment(Net PPE) was ₺2,622 Mil.
Depreciation, Depletion and Amortization(DDA) was ₺165 Mil.
Selling, General, & Admin. Expense(SGA) was ₺592 Mil.
Total Current Liabilities was ₺5,505 Mil.
Long-Term Debt & Capital Lease Obligation was ₺1,991 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)
=(10734.513 / 18765.501) / (4119.716 / 9840.742)
=0.572034 / 0.418639
=1.3664

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)
=(3420.669 / 9840.742) / (5367.132 / 18765.501)
=0.347603 / 0.286011
=1.2153

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 - (16223.069 + 7543.157) / 25689.209) / (1 - (7756.482 + 2622.475) / 11208.831)
=0.074856 / 0.074038
=1.011

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
=18765.501 / 9840.742
=1.9069

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))
=(164.783 / (164.783 + 2622.475)) / (199.461 / (199.461 + 7543.157))
=0.05912 / 0.025761
=2.2949

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)
=(849.619 / 18765.501) / (592.116 / 9840.742)
=0.045276 / 0.06017
=0.7525

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)
=((4250.724 + 15608.669) / 25689.209) / ((1990.536 + 5504.854) / 11208.831)
=0.773064 / 0.668704
=1.1561

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
=(1625.638 - 0 - 1889.88) / 25689.209
=-0.010286

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.

Yeo Teknoloji Enerji Ve Endustri AS has a M-score of -1.12 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 -1.12 mean?
Yeo Teknoloji Enerji Ve Endustri AS (IST:YEOTK) has a Beneish M-Score of -1.12 as of Jul. 03, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Yeo Teknoloji Enerji Ve Endustri AS and its competitors. According to the industry distribution chart, Yeo Teknoloji Enerji Ve Endustri AS ranks #1535 out of 1700 companies in the Construction industry, placing it in the top 90.3%.
Is Yeo Teknoloji Enerji Ve Endustri AS's Beneish M-Score too high?
Yeo Teknoloji Enerji Ve Endustri AS's current Beneish M-Score is -1.12. Based on the distribution chart, Yeo Teknoloji Enerji Ve Endustri AS ranks #1535 out of 1700 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Yeo Teknoloji Enerji Ve Endustri AS has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yeo Teknoloji Enerji Ve Endustri AS's Beneish M-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Yeo Teknoloji Enerji Ve Endustri AS ranks #1535 out of 1700 companies for Beneish M-Score. This places Yeo Teknoloji Enerji Ve Endustri AS 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 Construction company?
A good Beneish M-Score depends on the Construction 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 Yeo Teknoloji Enerji Ve Endustri AS and its competitors. Yeo Teknoloji Enerji Ve Endustri AS's current Beneish M-Score is -1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yeo Teknoloji Enerji Ve Endustri AS stock overvalued right now?
Based on GuruFocus' analysis, Yeo Teknoloji Enerji Ve Endustri AS (IST:YEOTK) is currently considered Fairly Valued. The stock's GF Value™ is ₺90.34, compared to a current price of ₺97.25 — trading 7.6% above its estimated fair value. The current Beneish M-Score is -1.12. Yeo Teknoloji Enerji Ve Endustri AS's overall GF Score™ is 87/100 with 9 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 Yeo Teknoloji Enerji Ve Endustri AS (IST:YEOTK), the current Beneish M-Score is -1.12 as of Jul. 03, 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 Yeo Teknoloji Enerji Ve Endustri AS (IST:YEOTK) Overvalued in 2026?

Based on GuruFocus' analysis, Yeo Teknoloji Enerji Ve Endustri AS stock appears to be overvalued. The current stock price of ₺97.25 is trading 7.6% above its estimated GF Value™ of ₺90.34. GuruFocus considers Yeo Teknoloji Enerji Ve Endustri AS to be Fairly Valued.

Key valuation signals for IST:YEOTK:

  • Beneish M-Score: -1.12
  • GF Value™: ₺90.34 vs. price of ₺97.25 (7.6% above fair value)
  • GF Score™: 87/100 with 9 warning signs

No single metric tells the full story. See the IST:YEOTK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yeo Teknoloji Enerji Ve Endustri AS Business Description

Address Kelebek Sk. Marmara Kule Sitesi, B Blok No:2/1 Ic Kapi No:1, Esentepe Mahallesi, Kartal, Istanbul, TUR, 34870
Yeo Teknoloji Enerji Ve Endustri AS is engaged in the electrification value-chain from power generation, transmission and distribution to the efficient application of electrical energy. It is also providing state-of-the art solutions in fields of electrification, automation, and digitalization. It executes projects as the EPC contractor in design, engineering, installation, and commissioning for traditional state-owned utilities and independent power plant developers.
87GF Score

Get the complete analysis for IST:YEOTK

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

₺97.25
Price
₺90.34
GF Value