GETECH Group (LSE:GTC) Beneish M-Score: -2.48 (As of Jun. 26, 2026)

What is GETECH Group Beneish M-Score?

GETECH Group LSE:GTC Beneish M-Score is -2.48 as of Jun. 26, 2026. The stock has 3 warning signs investors should review. Among 822 Oil & Gas companies, GETECH Group ranks worse than 61.8% 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 -2.48 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

LSE:GTC' s Beneish M-Score Range Over the Past 10 Years
Min: -5.94 Med: -3.05 Max: -1.8
Current: -2.48

During the past 13 years, the highest Beneish M-Score of GETECH Group was -1.80. The lowest was -5.94. And the median was -3.05.

GETECH Group Beneish M-Score Related Terms

GETECH Group Beneish M-Score Historical Data

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The historical data trend for GETECH 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.

GETECH Group Beneish M-Score Chart

GETECH Group Annual Data

Trend

Jul15

Jul16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Beneish M-Score

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-2.64

-3.23

-3.58

-3.05

-2.48

GETECH Group Semi-Annual Data
	Jan16	Jul16	Jan17	Jul17	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															-3.58	0.00	-3.05	0.00	-2.48

LSE:GTC vs SLB, BKR, HAL: Beneish M-Score Comparison

For the Oil & Gas Equipment & Services subindustry, GETECH 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.

GETECH Group Beneish M-Score vs Oil & Gas Industry

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

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

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GETECH 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 GETECH 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 * 1.4248

0.528 * 0.679

0.404 * 1.1108

0.892 * 1.0734

0.115 * 1.1807

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 0.9323

4.679 * -0.073135

0.327 * 1.0563

-2.48

This Year (Dec25) TTM:

Last Year (Dec24) TTM:

Total Receivables was £1.88 Mil.
Revenue was £5.00 Mil.
Gross Profit was £2.60 Mil.
Total Current Assets was £2.35 Mil.
Total Assets was £6.86 Mil.
Property, Plant and Equipment(Net PPE) was £0.19 Mil.
Depreciation, Depletion and Amortization(DDA) was £0.81 Mil.
Selling, General, & Admin. Expense(SGA) was £2.97 Mil.
Total Current Liabilities was £2.86 Mil.
Long-Term Debt & Capital Lease Obligation was £0.12 Mil.
Net Income was £-0.64 Mil.
Gross Profit was £0.00 Mil.
Cash Flow from Operations was £-0.14 Mil.

Total Receivables was £1.23 Mil.
Revenue was £4.66 Mil.
Gross Profit was £1.65 Mil.
Total Current Assets was £3.16 Mil.
Total Assets was £7.40 Mil.
Property, Plant and Equipment(Net PPE) was £0.04 Mil.
Depreciation, Depletion and Amortization(DDA) was £0.82 Mil.
Selling, General, & Admin. Expense(SGA) was £2.97 Mil.
Total Current Liabilities was £3.04 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)
	=	(1.881 / 5.004)	/	(1.23 / 4.662)
	=	0.375899	/	0.263835
	=	1.4248

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)
	=	(1.646 / 4.662)	/	(2.602 / 5.004)
	=	0.353067	/	0.519984
	=	0.679

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 - (2.348 + 0.189) / 6.864)	/	(1 - (3.163 + 0.037) / 7.399)
	=	0.63039	/	0.567509
	=	1.1108

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
	=	5.004	/	4.662
	=	1.0734

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))
	=	(0.817 / (0.817 + 0.037))	/	(0.807 / (0.807 + 0.189))
	=	0.956674	/	0.810241
	=	1.1807

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)
	=	(2.968 / 5.004)	/	(2.966 / 4.662)
	=	0.593125	/	0.636208
	=	0.9323

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)
	=	((0.121 + 2.859) / 6.864)	/	((0 + 3.041) / 7.399)
	=	0.434149	/	0.411001
	=	1.0563

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
	=	(-0.641 - 0	-	-0.139)	/	6.864
	=	-0.073135

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.

GETECH Group has a M-score of -2.48 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 -2.48 mean?

GETECH Group (LSE:GTC) has a Beneish M-Score of -2.48 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on GETECH Group and its competitors. According to the industry distribution chart, GETECH Group ranks #508 out of 822 companies in the Oil & Gas industry, placing it in the top 61.8%.

Is GETECH Group's Beneish M-Score too high?

GETECH Group's current Beneish M-Score is -2.48. Based on the distribution chart, GETECH Group ranks #508 out of 822 companies in the Oil & Gas industry, which is below the industry midpoint.

How does GETECH Group's Beneish M-Score compare to SLB and BKR?

According to the Oil & Gas industry distribution chart, GETECH Group ranks #508 out of 822 companies for Beneish M-Score. This places GETECH Group 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 GETECH Group and its competitors. GETECH Group's current Beneish M-Score is -2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is GETECH Group stock overvalued right now?

Based on GuruFocus' analysis, GETECH Group (LSE:GTC) is currently considered Fairly Valued. The stock's GF Value™ is £0.02, compared to a current price of £0.02 — trading 2.5% above its estimated fair value. The current Beneish M-Score is -2.48. 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 GETECH Group (LSE:GTC), the current Beneish M-Score is -2.48 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.

GETECH Group Business Description

Industry Energy Oil & Gas

Comparable Companies LSE:THAL LSE:POS SLB BKR HAL MIL:TEN FTI SZSE:002353 OSL:SUBC MIL:SPM XPAR:GTT SHSE:601808 WFRD XPAR:TE NOV KGS XAMS:SBMO SHSE:600968 AROC SGX:5E2

Other Exchanges 3AS:Germany

Address Elmete Lane, Nicholson House, Elmete Hall, Leeds, GBR, LS8 2LJ

Website https://www.getech.com

GETECH Group PLC is a UK-based geoscience and geospatial solutions company. The principal activity of the group is providing subsurface and geospatial insight for the global natural resources sector. The group combines geoscience expertise, AI-driven analytics, and extensive geospatial insight to identify new energy and mineral resources and streamline exploration processes. It has three reportable segments: Geospatial, Geoscience, and Hydrogen. It generates the majority of its revenue from the Geoscience segment. Geographically, the company generates a majority of its revenue from the United States of America.