Parkmead Group (The) (LSE:PMG) Beneish M-Score: 1.06 (As of Jun. 25, 2026)

What is Parkmead Group (The) Beneish M-Score?

Parkmead Group (The) LSE:PMG 43 Beneish M-Score is 1.06 as of Jun. 25, 2026. GuruFocus rates LSE:PMG with a GF Score™ of 43/100 and a GF Value™ of £0.14 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 822 Oil & Gas companies, Parkmead Group (The) ranks worse than 95.99% 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.

Warning Sign:

Beneish M-Score 1.06 higher than -1.78, which implies that the company might have manipulated its financial results.

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

LSE:PMG' s Beneish M-Score Range Over the Past 10 Years
Min: -9.75 Med: -2.16 Max: 1.23
Current: 1.06

During the past 13 years, the highest Beneish M-Score of Parkmead Group (The) was 1.23. The lowest was -9.75. And the median was -2.16.

Parkmead Group (The) Beneish M-Score Related Terms

Parkmead Group (The) Beneish M-Score Historical Data

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The historical data trend for Parkmead Group (The)'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.

Parkmead Group (The) Beneish M-Score Chart

Parkmead Group (The) Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Beneish M-Score

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-5.42

-2.00

-9.75

-0.27

1.06

Parkmead Group (The) 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	-0.27	0.00	1.06	0.00

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

For the Oil & Gas E&P subindustry, Parkmead Group (The)'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.

Parkmead Group (The) Beneish M-Score vs Oil & Gas Industry

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

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

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43GF Score

Parkmead Group (The) PLC LSE:PMG

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

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Parkmead Group (The) 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 Parkmead Group (The) 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 * 2.5062

0.528 * 1.2979

0.404 * 3.6469

0.892 * 0.7086

0.115 * 0.2734

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 2.7608

4.679 * 0.30443

0.327 * 0.5356

1.06

This Year (Jun25) TTM:

Last Year (Jun24) TTM:

Total Receivables was £6.16 Mil.
Revenue was £4.05 Mil.
Gross Profit was £1.87 Mil.
Total Current Assets was £19.95 Mil.
Total Assets was £32.46 Mil.
Property, Plant and Equipment(Net PPE) was £7.81 Mil.
Depreciation, Depletion and Amortization(DDA) was £3.12 Mil.
Selling, General, & Admin. Expense(SGA) was £3.48 Mil.
Total Current Liabilities was £2.95 Mil.
Long-Term Debt & Capital Lease Obligation was £0.84 Mil.
Net Income was £7.35 Mil.
Gross Profit was £0.00 Mil.
Cash Flow from Operations was £-2.54 Mil.

Total Receivables was £3.47 Mil.
Revenue was £5.72 Mil.
Gross Profit was £3.42 Mil.
Total Current Assets was £14.05 Mil.
Total Assets was £27.27 Mil.
Property, Plant and Equipment(Net PPE) was £12.13 Mil.
Depreciation, Depletion and Amortization(DDA) was £1.03 Mil.
Selling, General, & Admin. Expense(SGA) was £1.78 Mil.
Total Current Liabilities was £4.93 Mil.
Long-Term Debt & Capital Lease Obligation was £1.01 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)
	=	(6.155 / 4.053)	/	(3.466 / 5.72)
	=	1.518628	/	0.605944
	=	2.5062

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)
	=	(3.418 / 5.72)	/	(1.866 / 4.053)
	=	0.597552	/	0.4604
	=	1.2979

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 - (19.953 + 7.805) / 32.464)	/	(1 - (14.054 + 12.133) / 27.271)
	=	0.144961	/	0.039749
	=	3.6469

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
	=	4.053	/	5.72
	=	0.7086

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))
	=	(1.027 / (1.027 + 12.133))	/	(3.118 / (3.118 + 7.805))
	=	0.07804	/	0.285453
	=	0.2734

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)
	=	(3.482 / 4.053)	/	(1.78 / 5.72)
	=	0.859117	/	0.311189
	=	2.7608

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)
	=	((0.842 + 2.945) / 32.464)	/	((1.01 + 4.93) / 27.271)
	=	0.116652	/	0.217814
	=	0.5356

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
	=	(7.346 - 0	-	-2.537)	/	32.464
	=	0.30443

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.

Parkmead Group (The) has a M-score of 1.06 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 1.06 mean?

Parkmead Group (The) (LSE:PMG) has a Beneish M-Score of 1.06 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Parkmead Group (The) and its competitors. According to the industry distribution chart, Parkmead Group (The) ranks #789 out of 822 companies in the Oil & Gas industry, placing it in the top 96%.

Is Parkmead Group (The)'s Beneish M-Score too high?

Parkmead Group (The)'s current Beneish M-Score is 1.06. Based on the distribution chart, Parkmead Group (The) ranks #789 out of 822 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Parkmead Group (The) has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Parkmead Group (The)'s Beneish M-Score compare to COP and EOG?

According to the Oil & Gas industry distribution chart, Parkmead Group (The) ranks #789 out of 822 companies for Beneish M-Score. This places Parkmead Group (The) 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 Parkmead Group (The) and its competitors. Parkmead Group (The)'s current Beneish M-Score is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Parkmead Group (The) stock overvalued right now?

Based on GuruFocus' analysis, Parkmead Group (The) (LSE:PMG) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.14, compared to a current price of £0.20 — trading 39.3% above its estimated fair value. The current Beneish M-Score is 1.06. Parkmead Group (The)'s overall GF Score™ is 43/100 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 Parkmead Group (The) (LSE:PMG), the current Beneish M-Score is 1.06 as of Jun. 25, 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 Parkmead Group (The) (LSE:PMG) Overvalued in 2026?

Based on GuruFocus' analysis, Parkmead Group (The) stock appears to be overvalued. The current stock price of £0.20 is trading 39.3% above its estimated GF Value™ of £0.14. GuruFocus considers Parkmead Group (The) to be Significantly Overvalued.

Key valuation signals for LSE:PMG:

Beneish M-Score: 1.06
GF Value™: £0.14 vs. price of £0.20 (39.3% above fair value)
GF Score™: 43/100 with 4 warning signs

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

Parkmead Group (The) Business Description

Industry Energy Oil & Gas

Comparable Companies LSE:MATD LSE:QHE LSE:BLOE LSE:RBD LSE:PXEN LSE:JOG LSE:ORCA LSE:PRD LSE:CAD LSE:UOG HKSE:00883 COP TSX:CNQ EOG OXY FANG DVN ASX:WDS EQT TPL

Address 4 Queen’s Terrace, Aberdeen, GBR, AB10 1XL

Website https://www.parkmeadgroup.com

Parkmead Group (The) PLC is an independent energy group focused on the UK & Netherlands. The company produces natural gas from a portfolio of fields across the Netherlands and holds upstream energy interests across the UK and Dutch sectors. It has three segments: i) Oil and gas exploration and production which invests in oil and gas exploration and production assets ii) the Energy economics segment, which provides energy sector economics, valuation, and benchmarking, advising on energy policies and fiscal matters, among others, and iii) the Renewables segment involves mixed farming activities as well as renewable energy opportunities. The company generates a majority of its revenue from the oil and gas exploration and production segment.

43GF Score

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£0.20

Price

£0.14

GF Value

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