MTEK (Maris Tech) Beneish M-Score: -7.07 (As of Jun. 24, 2026)


MTEK Maris Tech Ltd MTEK
33 GF Score
Price $1.17
GF Value $0.49
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Maris Tech Beneish M-Score?

Maris Tech MTEK +0.86% 33 Beneish M-Score is -7.07 as of Jun. 24, 2026. GuruFocus rates MTEK with a GF Score™ of 33/100 and a GF Value™ of $0.49 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 2,403 Hardware companies, Maris Tech ranks better than 98.88% 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 -7.07 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

MTEK' s Beneish M-Score Range Over the Past 10 Years
Min: -7.07   Med: -1.57   Max: 0.39
Current: -7.07

During the past 7 years, the highest Beneish M-Score of Maris Tech was 0.39. The lowest was -7.07. And the median was -1.57.

Maris Tech Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Maris Tech'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.

Maris Tech Beneish M-Score Chart

Maris Tech Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial -0.19 0.39 -1.57 -1.74 -7.07

Maris Tech Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.57 0.00 -1.74 0.00 -7.07

MTEK vs MSAI, SELX, GAUZ: Beneish M-Score Comparison

For the Electronic Components subindustry, Maris Tech'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.

Maris Tech Beneish M-Score vs Hardware Industry

For the Hardware industry and Technology sector, Maris Tech's Beneish M-Score distribution charts can be found below:

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


MTEK
33GF Score
Maris Tech Ltd MTEK
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maris Tech 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 Maris Tech 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 * 0.764+0.528 * -2.1308+0.404 * 1.7102+0.892 * 0.2206+0.115 * 0.6707
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 4.1142+4.679 * -0.277624-0.327 * 2.3324
=-7.07

* 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was $0.59 Mil.
Revenue was $1.34 Mil.
Gross Profit was $-0.36 Mil.
Total Current Assets was $6.26 Mil.
Total Assets was $7.20 Mil.
Property, Plant and Equipment(Net PPE) was $0.67 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.12 Mil.
Selling, General, & Admin. Expense(SGA) was $3.57 Mil.
Total Current Liabilities was $3.99 Mil.
Long-Term Debt & Capital Lease Obligation was $2.11 Mil.
Net Income was $-5.41 Mil.
Gross Profit was $0.00 Mil.
Cash Flow from Operations was $-3.41 Mil.
 Total Receivables was $3.50 Mil.
Revenue was $6.08 Mil.
Gross Profit was $3.52 Mil.
Total Current Assets was $8.72 Mil.
Total Assets was $9.82 Mil.
Property, Plant and Equipment(Net PPE) was $0.88 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.10 Mil.
Selling, General, & Admin. Expense(SGA) was $3.94 Mil.
Total Current Liabilities was $3.25 Mil.
Long-Term Debt & Capital Lease Obligation was $0.31 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)
=(0.589 / 1.341) / (3.495 / 6.079)
=0.439224 / 0.57493
=0.764

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)
=(3.516 / 6.079) / (-0.364 / 1.341)
=0.578385 / -0.271439
=-2.1308

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 - (6.263 + 0.67) / 7.204) / (1 - (8.721 + 0.883) / 9.82)
=0.037618 / 0.021996
=1.7102

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
=1.341 / 6.079
=0.2206

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))
=(0.097 / (0.097 + 0.883)) / (0.116 / (0.116 + 0.67))
=0.09898 / 0.147583
=0.6707

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)
=(3.574 / 1.341) / (3.938 / 6.079)
=2.665175 / 0.647804
=4.1142

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)
=((2.114 + 3.986) / 7.204) / ((0.314 + 3.251) / 9.82)
=0.846752 / 0.363035
=2.3324

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
=(-5.409 - 0 - -3.409) / 7.204
=-0.277624

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.

Maris Tech has a M-score of -7.07 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 -7.07 mean?
Maris Tech (MTEK) has a Beneish M-Score of -7.07 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Maris Tech and its competitors. According to the industry distribution chart, Maris Tech ranks #27 out of 2403 companies in the Hardware industry, placing it in the top 1.1%.
Is Maris Tech's Beneish M-Score too high?
Maris Tech's current Beneish M-Score is -7.07. Based on the distribution chart, Maris Tech ranks #27 out of 2403 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Maris Tech has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maris Tech's Beneish M-Score compare to MSAI and SELX?
According to the Hardware industry distribution chart, Maris Tech ranks #27 out of 2403 companies for Beneish M-Score. This places Maris Tech in the top 1% 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 Hardware company?
A good Beneish M-Score depends on the Hardware 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 Maris Tech and its competitors. Maris Tech's current Beneish M-Score is -7.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maris Tech stock overvalued right now?
Based on GuruFocus' analysis, Maris Tech (MTEK) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.49, compared to a current price of $1.17 — trading 138.8% above its estimated fair value. The current Beneish M-Score is -7.07. Maris Tech's overall GF Score™ is 33/100 with 11 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 Maris Tech (MTEK), the current Beneish M-Score is -7.07 as of Jun. 24, 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 Maris Tech (MTEK) Overvalued in 2026?

Based on GuruFocus' analysis, Maris Tech stock appears to be overvalued. The current stock price of $1.17 is trading 138.8% above its estimated GF Value™ of $0.49. GuruFocus considers Maris Tech to be Significantly Overvalued.

Key valuation signals for MTEK:

  • Beneish M-Score: -7.07
  • GF Value™: $0.49 vs. price of $1.17 (138.8% above fair value)
  • GF Score™: 33/100 with 11 warning signs

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

Maris Tech Business Description

Address 2 Yitzhak Modai Street, Rehovot, ISR, 7608804
Maris Tech Ltd is a B2B provider of intelligent video transmission technology with AI acceleration for edge platforms, using high-end digital video, audio, and wireless communication technologies. It designs, develops, manufactures, and commercially sells miniature intelligent video and audio surveillance and communication systems with AI acceleration for the professional, civilian, and home security markets. Its products and solutions are sold as off-the-shelf, standalone, and ready-to-use products, or as customized components that meet customers' requirements and integrate into their systems and products. Its customers include companies operating in the drone, robotic, defense, HLS, intelligence gathering, autonomous vehicle, and space markets. It generates maximum revenue from Israel.
33GF Score

Get the complete analysis for MTEK

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

$1.17
Price
$0.49
GF Value