LFEV (Life Electric Vehicles Holdings) Beneish M-Score: 9.54 (As of Jul. 31, 2026) — 348% Above Median

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LFEV Life Electric Vehicles Holdings Inc LFEV
21 GF Score
Price $1.70
GF Value $0.04
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Life Electric Vehicles Holdings Beneish M-Score?

Life Electric Vehicles Holdings LFEV +13.33% 21 Beneish M-Score is 9.54 as of Jul. 31, 2026, which is 348% above its 10-year median of 2.13. GuruFocus rates LFEV with a GF Score™ of 21/100 and a GF Value™ of $0.04 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,272 Vehicles & Parts companies, Life Electric Vehicles Holdings ranks worse than 99.14% 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 9.54 higher than -1.78, which implies that the company might have manipulated its financial results.

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

LFEV' s Beneish M-Score Range Over the Past 10 Years
Min: -5.29   Med: 2.13   Max: 9.54
Current: 9.54

During the past 13 years, the highest Beneish M-Score of Life Electric Vehicles Holdings was 9.54. The lowest was -5.29. And the median was 2.13.

Life Electric Vehicles Holdings Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Life Electric Vehicles 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.

Life Electric Vehicles Holdings Beneish M-Score Chart

Life Electric Vehicles Holdings Annual Data
Trend Nov00 Nov01 Nov02 Nov03 Nov04 Nov05 Nov06 Nov07 Nov24 Nov25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.22 -1.34 -4.64 0.00 0.00

Life Electric Vehicles Holdings Quarterly Data
May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Aug22 Aug23 Nov24 Feb25 Nov25 Feb26
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 9.54

LFEV vs VEEE, VMAR, EZGO: Beneish M-Score Comparison

For the Recreational Vehicles subindustry, Life Electric Vehicles 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.

Life Electric Vehicles Holdings Beneish M-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Life Electric Vehicles Holdings's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Life Electric Vehicles Holdings's Beneish M-Score falls into.


LFEV
21GF Score
Life Electric Vehicles Holdings Inc LFEV
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Life Electric Vehicles 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 Life Electric Vehicles 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 * 1.4881+0.528 * 0.4961+0.404 * 32.0559+0.892 * 1.2283+0.115 * 1
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0256+4.679 * -0.220246-0.327 * 0.6221
=9.54

* 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 (Feb26) TTM:Last Year (Aug23) TTM:
Total Receivables was $0.88 Mil.
Revenue was 0.232 + 0.239 + 0.893 + 0.675 = $2.04 Mil.
Gross Profit was 0.052 + 0.032 + 0.255 + 0.228 = $0.57 Mil.
Total Current Assets was $9.96 Mil.
Total Assets was $75.66 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 $0.84 Mil.
Total Current Liabilities was $8.27 Mil.
Long-Term Debt & Capital Lease Obligation was $12.89 Mil.
Net Income was -1.115 + -1.539 + -0.248 + -0.683 = $-3.59 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = $0.00 Mil.
Cash Flow from Operations was 13.087 + 0 + -0.008 + 0 = $13.08 Mil.
 Total Receivables was $0.48 Mil.
Revenue was 0.357 + 0 + 0.321 + 0.982 = $1.66 Mil.
Gross Profit was 0.017 + 0 + 0.089 + 0.123 = $0.23 Mil.
Total Current Assets was $3.70 Mil.
Total Assets was $3.80 Mil.
Property, Plant and Equipment(Net PPE) was $0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.03 Mil.
Selling, General, & Admin. Expense(SGA) was $0.67 Mil.
Total Current Liabilities was $0.66 Mil.
Long-Term Debt & Capital Lease Obligation was $1.05 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)
=(0.881 / 2.039) / (0.482 / 1.66)
=0.432075 / 0.290361
=1.4881

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)
=(0.229 / 1.66) / (0.567 / 2.039)
=0.137952 / 0.278077
=0.4961

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 - (9.955 + 0) / 75.661) / (1 - (3.699 + 0) / 3.802)
=0.868426 / 0.027091
=32.0559

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
=2.039 / 1.66
=1.2283

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))
=(0.029 / (0.029 + 0)) / (0 / (0 + 0))
=1 /
=1

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)
=(0.839 / 2.039) / (0.666 / 1.66)
=0.411476 / 0.401205
=1.0256

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)
=((12.886 + 8.272) / 75.661) / ((1.05 + 0.659) / 3.802)
=0.279642 / 0.4495
=0.6221

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
=(-3.585 - 0 - 13.079) / 75.661
=-0.220246

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.

Life Electric Vehicles Holdings has a M-score of 9.54 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 9.54 mean?
Life Electric Vehicles Holdings (LFEV) has a Beneish M-Score of 9.54 as of Jul. 31, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Life Electric Vehicles Holdings and its competitors. This is 348% above median its historical median of 2.13. According to the industry distribution chart, Life Electric Vehicles Holdings ranks #1261 out of 1272 companies in the Vehicles & Parts industry, placing it in the top 99.1%.
Is Life Electric Vehicles Holdings' Beneish M-Score too high?
Life Electric Vehicles Holdings' current Beneish M-Score of 9.54 is 348% above median its 10-year median of 2.13. Based on the distribution chart, Life Electric Vehicles Holdings ranks #1261 out of 1272 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Life Electric Vehicles Holdings has a GF Score™ of 21/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Life Electric Vehicles Holdings' Beneish M-Score compare to VEEE and VMAR?
According to the Vehicles & Parts industry distribution chart, Life Electric Vehicles Holdings ranks #1261 out of 1272 companies for Beneish M-Score. This places Life Electric Vehicles Holdings 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 Vehicles & Parts company?
A good Beneish M-Score depends on the Vehicles & Parts 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 Life Electric Vehicles Holdings and its competitors. Life Electric Vehicles Holdings's current Beneish M-Score is 9.54, which is 348% above median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Life Electric Vehicles Holdings stock overvalued right now?
Based on GuruFocus' analysis, Life Electric Vehicles Holdings (LFEV) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.04, compared to a current price of $1.70 — trading 4150% above its estimated fair value. The current Beneish M-Score is 9.54, which is 348% above median its 10-year median of 2.13. Life Electric Vehicles Holdings' overall GF Score™ is 21/100 with 6 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 Life Electric Vehicles Holdings (LFEV), the current Beneish M-Score is 9.54 as of Jul. 31, 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 Life Electric Vehicles Holdings (LFEV) Overvalued in 2026?

Based on GuruFocus' analysis, Life Electric Vehicles Holdings stock appears to be overvalued. The current stock price of $1.70 is trading 4150% above its estimated GF Value™ of $0.04. GuruFocus considers Life Electric Vehicles Holdings to be Significantly Overvalued.

Key valuation signals for LFEV:

  • Beneish M-Score: 9.54 (348% above median its 10-year median of 2.13)
  • GF Value™: $0.04 vs. price of $1.70 (4150% above fair value)
  • GF Score™: 21/100 with 6 warning signs

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

Life Electric Vehicles Holdings Business Description

Address 601 Fairway Drive, Deerfield Beach, FL, USA, 33441
Life Electric Vehicles Holdings Inc is a developer, manufacturer and distributor in the light electric vehicle industry. The business model includes the launching, acquisition, and consolidation of multiple brands of e-bikes, e-trikes, e-scooters, and light EV companies to become an industry leader in the American micro-mobility market.
21GF Score

Get the complete analysis for LFEV

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

$1.70
Price
$0.04
GF Value