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 -2.75 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Akamai Technologies's Beneish M-Score or its related term are showing as below:
LTS:0HBQ'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.32 Med: -2.84 Max: -2.58
Current: -2.75
During the past 13 years, the highest Beneish M-Score of Akamai Technologies was -2.58. The lowest was -3.32. And the median was -2.84.
Akamai Technologies Beneish M-Score Related Terms
Akamai Technologies Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Akamai Technologies'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.
LTS:0HBQ vs FFIV, OKTA, ZS: Beneish M-Score Comparison
For the Software - Infrastructure subindustry, Akamai Technologies'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.
Akamai Technologies Beneish M-Score vs Software Industry
For the Software industry and Technology sector, Akamai Technologies's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Akamai Technologies's Beneish M-Score falls into.
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 Akamai Technologies 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 * 1.0929
+
0.528 * 1.0135
+
0.404 * 1.0312
+
0.892 * 1.0615
+
0.115 * 1.185
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0105
+
4.679 * -0.092071
-
0.327 * 1.0725
=
-2.75
* 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.
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.
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))
=
(666.249 / (666.249 + 3087.473))
/
(718.34 / (718.34 + 4077.636))
=
0.17749
/
0.14978
=
1.185
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
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
=
(435.179 - -72.66
-
1580.073)
/
11645.752
=
-0.092071
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.
Akamai Technologies has a M-score of -2.75 suggests that the company is unlikely to be a manipulator.
Akamai Technologies (LTS:0HBQ) has a Beneish M-Score of -2.75 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Akamai Technologies and its competitors. According to the industry distribution chart, Akamai Technologies ranks #930 out of 2634 companies in the Software industry, placing it in the top 35.3%.
Is Akamai Technologies' Beneish M-Score too high?
Akamai Technologies' current Beneish M-Score is -2.75. Based on the distribution chart, Akamai Technologies ranks #930 out of 2634 companies in the Software industry, which is above the industry midpoint. Overall, Akamai Technologies has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Akamai Technologies' Beneish M-Score compare to FFIV and OKTA?
According to the Software industry distribution chart, Akamai Technologies ranks #930 out of 2634 companies for Beneish M-Score. This puts Akamai Technologies in the upper 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 Akamai Technologies and its competitors. Akamai Technologies's current Beneish M-Score is -2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akamai Technologies stock overvalued right now?
Based on GuruFocus' analysis, Akamai Technologies (LTS:0HBQ) is currently considered Fairly Valued. The stock's GF Value™ is $112.47, compared to a current price of $112.69 — trading 0.2% above its estimated fair value. The current Beneish M-Score is -2.75. Akamai Technologies' overall GF Score™ is 79/100 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 Akamai Technologies (LTS:0HBQ), the current Beneish M-Score is -2.75 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.
Is Akamai Technologies (LTS:0HBQ) Overvalued in 2026?
Based on GuruFocus' analysis, Akamai Technologies stock appears to be overvalued.
The current stock price of $112.69 is trading 0.2% above its estimated GF Value™ of $112.47.
GuruFocus considers Akamai Technologies to be Fairly Valued.
Key valuation signals for LTS:0HBQ:
Beneish M-Score: -2.75
GF Value™: $112.47 vs. price of $112.69 (0.2% above fair value)
No single metric tells the full story. See the LTS:0HBQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Akamai operates a content delivery network, in which customers store content on distributed servers to deliver it to their own customers more quickly. Akamai has over 350,000 servers distributed over 4,350 points of presence in more than 700 cities globally. This network supports upward of 20% of global internet traffic, generating massive amounts of data. Using data generated by the delivery network, the firm offers cybersecurity products and cloud computing services, ranging from API security to zero-trust enterprise access, which has surpassed the delivery network in revenue and importance. As of 2026, the primary focus has shifted to offering computing hardware as a service, with an emphasis on serving large language model providers such as Anthropic.
79GF Score
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