Eagle Eye Solutions Group (LSE:EYE) Beneish M-Score: -3.61 (As of Jun. 29, 2026)

What is Eagle Eye Solutions Group Beneish M-Score?

Eagle Eye Solutions Group LSE:EYE 79 Beneish M-Score is -3.61 as of Jun. 29, 2026. GuruFocus rates LSE:EYE with a GF Score™ of 79/100 and a GF Value™ of £4.34 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,631 Software companies, Eagle Eye Solutions Group ranks better than 89.02% 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.

Good Sign:

Beneish M-Score -3.61 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Eagle Eye Solutions Group's Beneish M-Score or its related term are showing as below:

LSE:EYE' s Beneish M-Score Range Over the Past 10 Years
Min: -4.38 Med: -3.31 Max: -2.45
Current: -3.61

During the past 13 years, the highest Beneish M-Score of Eagle Eye Solutions Group was -2.45. The lowest was -4.38. And the median was -3.31.

Eagle Eye Solutions Group Beneish M-Score Related Terms

Eagle Eye Solutions Group Beneish M-Score Historical Data

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The historical data trend for Eagle Eye Solutions Group'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.

Eagle Eye Solutions Group Beneish M-Score Chart

Eagle Eye Solutions Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Beneish M-Score

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-3.01

-3.40

-3.21

-2.67

-3.61

Eagle Eye Solutions Group Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Beneish M-Score	Get a 7-Day Free Trial															0.00	-2.67	0.00	-3.61	0.00

LSE:EYE vs UBER, SHOP, CRM: Beneish M-Score Comparison

For the Software - Application subindustry, Eagle Eye Solutions Group'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.

Eagle Eye Solutions Group Beneish M-Score vs Software Industry

For the Software industry and Technology sector, Eagle Eye Solutions Group's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Eagle Eye Solutions Group's Beneish M-Score falls into.

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79GF Score

Eagle Eye Solutions Group PLC LSE:EYE

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

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Eagle Eye Solutions Group 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 Eagle Eye Solutions Group for today is based on a combination of the following eight different indices:

-4.84

0.92 * DSRI

0.528 * GMI

0.404 * AQI

0.892 * SGI

0.115 * DEPI

-4.84

0.92 * 0.9432

0.528 * 1.0193

0.404 * 0.9797

0.892 * 1.0097

0.115 * 0.9727

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 1

4.679 * -0.228244

0.327 * 1.0541

-3.61

This Year (Jun25) TTM:

Last Year (Jun24) TTM:

Total Receivables was £7.87 Mil.
Revenue was £48.20 Mil.
Gross Profit was £34.50 Mil.
Total Current Assets was £22.47 Mil.
Total Assets was £52.02 Mil.
Property, Plant and Equipment(Net PPE) was £0.79 Mil.
Depreciation, Depletion and Amortization(DDA) was £7.84 Mil.
Selling, General, & Admin. Expense(SGA) was £0.00 Mil.
Total Current Liabilities was £14.96 Mil.
Long-Term Debt & Capital Lease Obligation was £0.23 Mil.
Net Income was £1.63 Mil.
Gross Profit was £0.00 Mil.
Cash Flow from Operations was £13.50 Mil.

Total Receivables was £8.26 Mil.
Revenue was £47.73 Mil.
Gross Profit was £34.83 Mil.
Total Current Assets was £21.11 Mil.
Total Assets was £51.15 Mil.
Property, Plant and Equipment(Net PPE) was £1.18 Mil.
Depreciation, Depletion and Amortization(DDA) was £8.90 Mil.
Selling, General, & Admin. Expense(SGA) was £0.00 Mil.
Total Current Liabilities was £13.71 Mil.
Long-Term Debt & Capital Lease Obligation was £0.46 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)
	=	(7.87 / 48.196)	/	(8.264 / 47.733)
	=	0.163292	/	0.17313
	=	0.9432

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)
	=	(34.83 / 47.733)	/	(34.501 / 48.196)
	=	0.729684	/	0.715848
	=	1.0193

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 - (22.467 + 0.793) / 52.019)	/	(1 - (21.108 + 1.175) / 51.146)
	=	0.552856	/	0.564326
	=	0.9797

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
	=	48.196	/	47.733
	=	1.0097

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))
	=	(8.898 / (8.898 + 1.175))	/	(7.839 / (7.839 + 0.793))
	=	0.883352	/	0.908133
	=	0.9727

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 / 48.196)	/	(0 / 47.733)
	=	0	/	0
	=	1

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)
	=	((0.231 + 14.96) / 52.019)	/	((0.462 + 13.707) / 51.146)
	=	0.292028	/	0.27703
	=	1.0541

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
	=	(1.629 - 0	-	13.502)	/	52.019
	=	-0.228244

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.

Eagle Eye Solutions Group has a M-score of -3.61 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 -3.61 mean?

Eagle Eye Solutions Group (LSE:EYE) has a Beneish M-Score of -3.61 as of Jun. 29, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Eagle Eye Solutions Group and its competitors. According to the industry distribution chart, Eagle Eye Solutions Group ranks #289 out of 2631 companies in the Software industry, placing it in the top 11%.

Is Eagle Eye Solutions Group's Beneish M-Score too high?

Eagle Eye Solutions Group's current Beneish M-Score is -3.61. Based on the distribution chart, Eagle Eye Solutions Group ranks #289 out of 2631 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Eagle Eye Solutions Group has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Eagle Eye Solutions Group's Beneish M-Score compare to UBER and SHOP?

According to the Software industry distribution chart, Eagle Eye Solutions Group ranks #289 out of 2631 companies for Beneish M-Score. This places Eagle Eye Solutions Group in the top 11% 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 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 Eagle Eye Solutions Group and its competitors. Eagle Eye Solutions Group's current Beneish M-Score is -3.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Eagle Eye Solutions Group stock overvalued right now?

Based on GuruFocus' analysis, Eagle Eye Solutions Group (LSE:EYE) is currently considered Fairly Valued. The stock's GF Value™ is £4.34, compared to a current price of £4.50 — trading 3.7% above its estimated fair value. The current Beneish M-Score is -3.61. Eagle Eye Solutions Group's overall GF Score™ is 79/100 with 8 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 Eagle Eye Solutions Group (LSE:EYE), the current Beneish M-Score is -3.61 as of Jun. 29, 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 Eagle Eye Solutions Group (LSE:EYE) Overvalued in 2026?

Based on GuruFocus' analysis, Eagle Eye Solutions Group stock appears to be overvalued. The current stock price of £4.50 is trading 3.7% above its estimated GF Value™ of £4.34. GuruFocus considers Eagle Eye Solutions Group to be Fairly Valued.

Key valuation signals for LSE:EYE:

Beneish M-Score: -3.61
GF Value™: £4.34 vs. price of £4.50 (3.7% above fair value)
GF Score™: 79/100 with 8 warning signs

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

Eagle Eye Solutions Group Business Description

Industry Technology Software

Comparable Companies LSE:TRB LSE:DOTD LSE:APTD LSE:ACSO LSE:SWC LSE:ELCO LSE:SPSY LSE:TRCS LSE:RM.LSE:AOM XTER:SAP UBER SHOP CRM CDNS NOW ADP SNOW DDOG ADBE

Address 5 New Street Square, London, GBR, EC4A 3TW

Website https://www.eagleeye.com

Eagle Eye Solutions Group PLC is a software-as-a-service and artificial intelligence technology company. It provides digital platforms enabling retailers in the grocery, retail, travel, and hospitality sectors to engage customers through real-time marketing through the provision of its marketing technology software as a service solution. It has two operating divisions, namely, the Organic Eagle Eye business and the EagleAI business, with maximum revenue generated from the Organic division. It has operational footprints across the United Kingdom, France, the United States, Canada, Australia, North America, the Rest of Europe, and the Rest of Asia Pacific. The company generates the majority of its revenue from Subscription and transaction fees.

79GF Score

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

£4.50

Price

£4.34

GF Value

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