DeFi Development UK (LSE:DFDV) Beneish M-Score: 0.00 (As of Jun. 27, 2026)


LSE:DFDV DeFi Development Corp UK PLC LSE:DFDV
35 GF Score
Price £0.12
! 5 Warning Signs
View Full Analysis

What is DeFi Development UK Beneish M-Score?

DeFi Development UK LSE:DFDV -13.21% 35 Beneish M-Score is 0.00 as of Jun. 27, 2026. GuruFocus rates LSE:DFDV with a GF Score™ of 35/100. The stock has 5 warning signs investors should review. Among 2,634 Software companies, DeFi Development UK ranks worse than 37965.03% 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 DeFi Development UK's Beneish M-Score or its related term are showing as below:

During the past 6 years, the highest Beneish M-Score of DeFi Development UK was 0.00. The lowest was 0.00. And the median was 0.00.

DeFi Development UK Beneish M-Score Historical Data

* Premium members only.

The historical data trend for DeFi Development UK'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.

DeFi Development UK Beneish M-Score Chart

DeFi Development UK Annual Data
Trend Jan19 Dec20 Dec21 Dec22 Dec23 Jan26
Beneish M-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

DeFi Development UK Semi-Annual Data
Jul18 Jan19 Jul19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Jul25 Jan26
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 0.00 0.00 0.00 0.00 0.00

LSE:DFDV vs MSFT, ORCL, PLTR: Beneish M-Score Comparison

For the Software - Infrastructure subindustry, DeFi Development UK'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.

DeFi Development UK Beneish M-Score vs Software Industry

For the Software industry and Technology sector, DeFi Development UK's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where DeFi Development UK's Beneish M-Score falls into.


LSE:DFDV
35GF Score
DeFi Development Corp UK PLC LSE:DFDV
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DeFi Development UK 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 DeFi Development UK 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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 (Jan26) TTM:Last Year (Dec23) TTM:
Total Receivables was £0.02 Mil.
Revenue was £0.02 Mil.
Gross Profit was £-0.00 Mil.
Total Current Assets was £1.54 Mil.
Total Assets was £1.54 Mil.
Property, Plant and Equipment(Net PPE) was £0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was £0.25 Mil.
Selling, General, & Admin. Expense(SGA) was £1.05 Mil.
Total Current Liabilities was £2.50 Mil.
Long-Term Debt & Capital Lease Obligation was £0.00 Mil.
Net Income was £-2.93 Mil.
Gross Profit was £0.00 Mil.
Cash Flow from Operations was £-2.90 Mil.
 Total Receivables was £0.00 Mil.
Revenue was £0.00 Mil.
Gross Profit was £0.00 Mil.
Total Current Assets was £1.55 Mil.
Total Assets was £1.66 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 £0.18 Mil.
Total Current Liabilities was £0.06 Mil.
Long-Term Debt & Capital Lease Obligation was £0.00 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)
=(0.015 / 0.018) / (0.003 / 0)
=0.833333 /
=

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) / (-0.001 / 0.018)
= / -0.055556
=

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 - (1.535 + 0.003) / 1.538) / (1 - (1.553 + 0) / 1.657)
=0 / 0.062764
=

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
=0.018 / 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))
=(0.001 / (0.001 + 0)) / (0.253 / (0.253 + 0.003))
=1 / 0.988281
=

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)
=(1.048 / 0.018) / (0.182 / 0)
=58.222222 /
=

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 + 2.496) / 1.538) / ((0 + 0.064) / 1.657)
=1.622887 / 0.038624
=

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
=(-2.927 - 0 - -2.903) / 1.538
=-0.015605

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?
DeFi Development UK (LSE:DFDV) has a Beneish M-Score of 0.00 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on DeFi Development UK and its competitors. According to the industry distribution chart, DeFi Development UK ranks #999999 out of 2634 companies in the Software industry.
Is DeFi Development UK's Beneish M-Score too high?
DeFi Development UK's current Beneish M-Score is 0.00. Based on the distribution chart, DeFi Development UK ranks #999999 out of 2634 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, DeFi Development UK has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does DeFi Development UK's Beneish M-Score compare to MSFT and ORCL?
According to the Software industry distribution chart, DeFi Development UK ranks #999999 out of 2634 companies for Beneish M-Score. This places DeFi Development UK 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 Software company?
A good Beneish M-Score depends on the Software 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 DeFi Development UK and its competitors. DeFi Development UK'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 DeFi Development UK stock overvalued right now?
DeFi Development UK (LSE:DFDV) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. DeFi Development UK's overall GF Score™ is 35/100 with 5 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 DeFi Development UK (LSE:DFDV), the current Beneish M-Score is 0.00 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.

DeFi Development UK Business Description

Other Exchanges CYKLD:USA
Address 16 Great Queen Street, London, GBR, WC2B 5DG
DeFi Development Corp UK PLC is an AI product and research company that offers an AI Agent platform enabling businesses to automate tasks through specialised digital workers for sales, recruitment, and research. The Group focuses on the development and commercialisation of its AI Agent platform, transitioning from product development to early-stage revenue generation. Its AI Agents include the Recruitment AI Agent, Lucy, and the Sales AI Agent, Eve.
35GF Score

Get the complete analysis for LSE:DFDV

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

£0.12
Price