CT Global Managed Portfolio Trust (LSE:CMPI) Beneish M-Score: -3.39 (As of Jun. 27, 2026)


LSE:CMPI CT Global Managed Portfolio Trust PLC LSE:CMPI
36 GF Score
Price £1.33
! 4 Warning Signs
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What is CT Global Managed Portfolio Trust Beneish M-Score?

CT Global Managed Portfolio Trust LSE:CMPI 36 Beneish M-Score is -3.39 as of Jun. 27, 2026. GuruFocus rates LSE:CMPI with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 954 Asset Management companies, CT Global Managed Portfolio Trust ranks better than 88.47% on this metric.

Note: Financial institutions were excluded from the sample in Beneish paper when calculating Beneish M-Score. Thus, the prediction might not fit banks and insurance companies.

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 -3.39 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for CT Global Managed Portfolio Trust's Beneish M-Score or its related term are showing as below:

LSE:CMPI' s Beneish M-Score Range Over the Past 10 Years
Min: -4.22   Med: -3.39   Max: -3.1
Current: -3.39

During the past 13 years, the highest Beneish M-Score of CT Global Managed Portfolio Trust was -3.10. The lowest was -4.22. And the median was -3.39.

LSE:CMPI
36GF Score
CT Global Managed Portfolio Trust PLC LSE:CMPI
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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CT Global Managed Portfolio Trust 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 CT Global Managed Portfolio Trust 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+0.528 * 1+0.404 * 1+0.892 * 0.3535+0.115 * 1
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 3.1937+4.679 * 0.009744-0.327 * 1.0009
=-3.39

* 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 (May25) TTM:Last Year (May24) TTM:
Total Receivables was £0.00 Mil.
Revenue was £5.33 Mil.
Gross Profit was £5.33 Mil.
Total Current Assets was £0.00 Mil.
Total Assets was £159.89 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 £0.74 Mil.
Total Current Liabilities was £0.00 Mil.
Long-Term Debt & Capital Lease Obligation was £7.00 Mil.
Net Income was £4.58 Mil.
Gross Profit was £0.00 Mil.
Cash Flow from Operations was £3.03 Mil.
 Total Receivables was £0.00 Mil.
Revenue was £15.07 Mil.
Gross Profit was £15.07 Mil.
Total Current Assets was £0.00 Mil.
Total Assets was £160.03 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 £0.66 Mil.
Total Current Liabilities was £0.00 Mil.
Long-Term Debt & Capital Lease Obligation was £7.00 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 / 5.327) / (0 / 15.069)
=0 / 0
=1

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)
=(15.069 / 15.069) / (5.327 / 5.327)
=1 / 1
=1

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 - (0 + 0) / 159.888) / (1 - (0 + 0) / 160.032)
=1 / 1
=1

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
=5.327 / 15.069
=0.3535

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 / (0 + 0)) / (0 / (0 + 0))
= /
=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)
=(0.744 / 5.327) / (0.659 / 15.069)
=0.139666 / 0.043732
=3.1937

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)
=((7 + 0) / 159.888) / ((7 + 0) / 160.032)
=0.043781 / 0.043741
=1.0009

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
=(4.583 - 0 - 3.025) / 159.888
=0.009744

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.

CT Global Managed Portfolio Trust has a M-score of -3.39 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 -3.39 mean?
CT Global Managed Portfolio Trust (LSE:CMPI) has a Beneish M-Score of -3.39 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on CT Global Managed Portfolio Trust and its competitors. According to the industry distribution chart, CT Global Managed Portfolio Trust ranks #110 out of 954 companies in the Asset Management industry, placing it in the top 11.5%.
Is CT Global Managed Portfolio Trust's Beneish M-Score too high?
CT Global Managed Portfolio Trust's current Beneish M-Score is -3.39. Based on the distribution chart, CT Global Managed Portfolio Trust ranks #110 out of 954 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, CT Global Managed Portfolio Trust has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does CT Global Managed Portfolio Trust's Beneish M-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, CT Global Managed Portfolio Trust ranks #110 out of 954 companies for Beneish M-Score. This places CT Global Managed Portfolio Trust in the top 12% 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 an Asset Management company?
A good Beneish M-Score depends on the Asset Management 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 CT Global Managed Portfolio Trust and its competitors. CT Global Managed Portfolio Trust's current Beneish M-Score is -3.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CT Global Managed Portfolio Trust stock overvalued right now?
CT Global Managed Portfolio Trust (LSE:CMPI) has a current Beneish M-Score of -3.39. The current Beneish M-Score is -3.39. CT Global Managed Portfolio Trust's overall GF Score™ is 36/100 with 4 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 CT Global Managed Portfolio Trust (LSE:CMPI), the current Beneish M-Score is -3.39 as of Jun. 27, 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.

CT Global Managed Portfolio Trust Business Description

Other Exchanges CMPG:UK
Address Quartermile 4, 7a Nightingale Way, Edinburgh, GBR, EH3 9EG
CT Global Managed Portfolio Trust PLC closed-end investment company. The company's investment objectives are to provide investors with access to a broad spread of investment companies, covering a variety of geographies, sectors, and investment managers, with the objective of providing both income and growth, while spreading investment risk. The Company has two classes of shares with two separate investment Portfolios, the Income shares where the investment focus is to provide an attractive level of income, together with some capital growth and the Growth shares, where the investment focus is to achieve capital growth.
36GF 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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