LHAI (Linkhome Holdings) Beneish M-Score: 41.40 (As of Jul. 03, 2026) — 1517% Above Median


LHAI Linkhome Holdings Inc LHAI
22 GF Score
Price $1.76
! 2 Warning Signs
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What is Linkhome Holdings Beneish M-Score?

Linkhome Holdings LHAI -35.77% 22 Beneish M-Score is 41.40 as of Jul. 03, 2026, which is 1517% above its 10-year median of 2.56. GuruFocus rates LHAI with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 1,680 Real Estate companies, Linkhome Holdings ranks worse than 99.29% 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 41.4 higher than -1.78, which implies that the company might have manipulated its financial results.

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

LHAI' s Beneish M-Score Range Over the Past 10 Years
Min: -2.46   Med: 2.56   Max: 41.4
Current: 41.4

During the past 4 years, the highest Beneish M-Score of Linkhome Holdings was 41.40. The lowest was -2.46. And the median was 2.56.

Linkhome Holdings Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Linkhome 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.

Linkhome Holdings Beneish M-Score Chart

Linkhome Holdings Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Beneish M-Score
0.00 0.00 0.61 30.56

Linkhome Holdings Quarterly Data
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 4.03 -2.46 1.09 30.56 41.40

LHAI vs AIRE, RWAX, AWCA: Beneish M-Score Comparison

For the Real Estate Services subindustry, Linkhome 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.

Linkhome Holdings Beneish M-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Linkhome Holdings's Beneish M-Score distribution charts can be found below:

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


LHAI
22GF Score
Linkhome Holdings Inc LHAI
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Linkhome 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 Linkhome 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 * 0.098+0.528 * 3.5795+0.404 * 103.4143+0.892 * 1.6577+0.115 * 3.4412
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.5386+4.679 * 0.208536-0.327 * 0.3336
=41.40

* 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 $0.30 Mil.
Revenue was 4.907 + 5.078 + 5.408 + 4.8 = $20.19 Mil.
Gross Profit was 0.186 + 0.195 + 0.206 + 0.11 = $0.70 Mil.
Total Current Assets was $5.45 Mil.
Total Assets was $8.22 Mil.
Property, Plant and Equipment(Net PPE) was $1.54 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.09 Mil.
Selling, General, & Admin. Expense(SGA) was $0.86 Mil.
Total Current Liabilities was $0.46 Mil.
Long-Term Debt & Capital Lease Obligation was $0.26 Mil.
Net Income was -0.135 + -0.02 + 0 + 0.014 = $-0.14 Mil.
Non Operating Income was 0.024 + 0.037 + 0 + 0.008 = $0.07 Mil.
Cash Flow from Operations was -3.293 + 2.823 + -3.108 + 1.653 = $-1.93 Mil.
 Total Receivables was $1.83 Mil.
Revenue was 5.709 + 2.194 + 2.058 + 2.22 = $12.18 Mil.
Gross Profit was 0.262 + 0.583 + 0.505 + 0.155 = $1.51 Mil.
Total Current Assets was $3.34 Mil.
Total Assets was $3.43 Mil.
Property, Plant and Equipment(Net PPE) was $0.09 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.02 Mil.
Selling, General, & Admin. Expense(SGA) was $0.34 Mil.
Total Current Liabilities was $0.87 Mil.
Long-Term Debt & Capital Lease Obligation was $0.03 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)
=(0.298 / 20.193) / (1.834 / 12.181)
=0.014758 / 0.150562
=0.098

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)
=(1.505 / 12.181) / (0.697 / 20.193)
=0.123553 / 0.034517
=3.5795

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 - (5.448 + 1.536) / 8.224) / (1 - (3.34 + 0.085) / 3.43)
=0.150778 / 0.001458
=103.4143

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
=20.193 / 12.181
=1.6577

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))
=(0.02 / (0.02 + 0.085)) / (0.09 / (0.09 + 1.536))
=0.190476 / 0.055351
=3.4412

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)
=(0.857 / 20.193) / (0.336 / 12.181)
=0.04244 / 0.027584
=1.5386

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)
=((0.262 + 0.457) / 8.224) / ((0.033 + 0.866) / 3.43)
=0.087427 / 0.262099
=0.3336

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
=(-0.141 - 0.069 - -1.925) / 8.224
=0.208536

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.

Linkhome Holdings has a M-score of 41.40 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 41.40 mean?
Linkhome Holdings (LHAI) has a Beneish M-Score of 41.40 as of Jul. 03, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Linkhome Holdings and its competitors. This is 1517% above median its historical median of 2.56. According to the industry distribution chart, Linkhome Holdings ranks #1668 out of 1680 companies in the Real Estate industry, placing it in the top 99.3%.
Is Linkhome Holdings' Beneish M-Score too high?
Linkhome Holdings' current Beneish M-Score of 41.40 is 1517% above median its 10-year median of 2.56. Based on the distribution chart, Linkhome Holdings ranks #1668 out of 1680 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Linkhome Holdings has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Linkhome Holdings' Beneish M-Score compare to AIRE and RWAX?
According to the Real Estate industry distribution chart, Linkhome Holdings ranks #1668 out of 1680 companies for Beneish M-Score. This places Linkhome 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 Real Estate company?
A good Beneish M-Score depends on the Real Estate 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 Linkhome Holdings and its competitors. Linkhome Holdings's current Beneish M-Score is 41.40, which is 1517% above median its own 10-year median of 2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linkhome Holdings stock overvalued right now?
Linkhome Holdings (LHAI) has a current Beneish M-Score of 41.40. The current Beneish M-Score is 41.40, which is 1517% above median its 10-year median of 2.56. Linkhome Holdings' overall GF Score™ is 22/100 with 2 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 Linkhome Holdings (LHAI), the current Beneish M-Score is 41.40 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.

Linkhome Holdings Business Description

Address 17901 Von Karman Avenue, Suite 450, Irvine, CA, USA, 92614
Linkhome Holdings Inc is an artificial intelligence-driven property technology company. Through its subsidiaries, it operates an artificial intelligence real estate platform to provide customers with end-to-end real estate solutions and services, initially comprising real estate brokerage services, Cash Offer, and other services like property rental management and home renovation. The Company's only business and industry segment is the real estate industry, mainly including two revenue streams: revenue from the Company's purchases and sales through Cash Offer, and real estate services, including real estate agency for buying and selling properties, property management, home renovation, and mortgage referral services.
22GF Score

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