Empyrean Energy (LSE:EME) Beneish M-Score: 0.00 (As of Jun. 26, 2026)


What is Empyrean Energy Beneish M-Score?

Empyrean Energy LSE:EME -10.00% Beneish M-Score is 0.00 as of Jun. 26, 2026. Among 822 Oil & Gas companies, Empyrean Energy ranks worse than 121654.38% 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 Empyrean Energy's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Empyrean Energy was 10.45. The lowest was -507.74. And the median was -248.65.

Empyrean Energy Beneish M-Score Historical Data

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The historical data trend for Empyrean Energy'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.

Empyrean Energy Beneish M-Score Chart

Empyrean Energy Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Empyrean Energy Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.00

LSE:EME vs COP, EOG, OXY: Beneish M-Score Comparison

For the Oil & Gas E&P subindustry, Empyrean Energy'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.

Empyrean Energy Beneish M-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Empyrean Energy's Beneish M-Score distribution charts can be found below:

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


Empyrean Energy 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 Empyrean Energy 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 (Mar25) TTM:Last Year (Mar24) TTM:
Total Receivables was £0.03 Mil.
Revenue was £0.00 Mil.
Gross Profit was £0.00 Mil.
Total Current Assets was £1.34 Mil.
Total Assets was £5.80 Mil.
Property, Plant and Equipment(Net PPE) was £4.46 Mil.
Depreciation, Depletion and Amortization(DDA) was £0.00 Mil.
Selling, General, & Admin. Expense(SGA) was £0.32 Mil.
Total Current Liabilities was £9.34 Mil.
Long-Term Debt & Capital Lease Obligation was £0.00 Mil.
Net Income was £-2.59 Mil.
Gross Profit was £0.00 Mil.
Cash Flow from Operations was £-0.73 Mil.
 Total Receivables was £0.00 Mil.
Revenue was £0.00 Mil.
Gross Profit was £0.00 Mil.
Total Current Assets was £0.79 Mil.
Total Assets was £5.00 Mil.
Property, Plant and Equipment(Net PPE) was £4.21 Mil.
Depreciation, Depletion and Amortization(DDA) was £0.00 Mil.
Selling, General, & Admin. Expense(SGA) was £0.54 Mil.
Total Current Liabilities was £8.43 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)
=(0.031 / 0) / (0 / 0)
= /
=

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 / 0)
= /
=

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 - (1.34 + 4.461) / 5.8) / (1 - (0.785 + 4.214) / 5)
=-0.000172 / 0.0002
=

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 / 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 / (0 + 4.214)) / (0 / (0 + 4.461))
=0 / 0
=

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)
=(0.32 / 0) / (0.536 / 0)
= /
=

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 + 9.337) / 5.8) / ((0 + 8.43) / 5)
=1.609828 / 1.686
=

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
=(-2.593 - 0 - -0.725) / 5.8
=-0.322069

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?
Empyrean Energy (LSE:EME) has a Beneish M-Score of 0.00 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Empyrean Energy and its competitors. According to the industry distribution chart, Empyrean Energy ranks #999999 out of 822 companies in the Oil & Gas industry.
Is Empyrean Energy's Beneish M-Score too high?
Empyrean Energy's current Beneish M-Score is 0.00. Based on the distribution chart, Empyrean Energy ranks #999999 out of 822 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Empyrean Energy's Beneish M-Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Empyrean Energy ranks #999999 out of 822 companies for Beneish M-Score. This places Empyrean Energy 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 an Oil & Gas company?
A good Beneish M-Score depends on the Oil & Gas 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 Empyrean Energy and its competitors. Empyrean Energy'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 Empyrean Energy stock overvalued right now?
Empyrean Energy (LSE:EME) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. 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 Empyrean Energy (LSE:EME), the current Beneish M-Score is 0.00 as of Jun. 26, 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.

Empyrean Energy Business Description

Industry EnergyOil & Gas
Address 22 Railway Road, Unit 32/33, Level 3, Subiaco, WA, AUS, 6008
Empyrean Energy PLC is an oil and gas exploration and production company focused on energy resource projects in geopolitically stable regions. The company's operations include exploration, evaluation, development, and production of oil and gas properties. It holds interest in projects such as the Duyung Production Sharing Contract offshore Indonesia and other exploration ventures. The Company has three geographical segments, being Australia (Wilson River project), Indonesia (Duyung PSC project) and North America (Sacramento Basin project), which are all currently in the exploration and evaluation phase. It operates in Southeast Asia and has interests extending into other regions including the USA. Revenue is generated from the development and sale of oil and gas produced from its assets.