Capital Tankers (OSL:CAPT) Beneish M-Score: 0.00 (As of Jul. 27, 2026)

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OSL:CAPT Capital Tankers Corp OSL:CAPT
16 GF Score
Price kr124.58
! 3 Warning Signs
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What is Capital Tankers Beneish M-Score?

Capital Tankers OSL:CAPT +0.44% 16 Beneish M-Score is 0.00 as of Jul. 27, 2026. GuruFocus rates OSL:CAPT with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 967 Transportation companies, Capital Tankers ranks worse than 103412.51% 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.

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

During the past 3 years, the highest Beneish M-Score of Capital Tankers was 0.00. The lowest was 0.00. And the median was 0.00.

Capital Tankers Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Capital Tankers'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.

Capital Tankers Beneish M-Score Chart

Capital Tankers Annual Data
Trend Dec23 Dec24 Dec25
Beneish M-Score
0.00 0.00 0.00

Capital Tankers Semi-Annual Data
Dec23 Dec24 Dec25
Beneish M-Score 0.00 0.00 0.00

Capital Tankers Beneish M-Score Competitor Comparison

For the Marine Shipping subindustry, Capital Tankers'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.

Capital Tankers Beneish M-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Capital Tankers's Beneish M-Score distribution charts can be found below:

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


OSL:CAPT
16GF Score
Capital Tankers Corp OSL:CAPT
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Capital Tankers 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 Capital Tankers 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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 kr95.6 Mil.
Revenue was kr416.6 Mil.
Gross Profit was kr173.6 Mil.
Total Current Assets was kr118.9 Mil.
Total Assets was kr4,591.2 Mil.
Property, Plant and Equipment(Net PPE) was kr4,471.9 Mil.
Depreciation, Depletion and Amortization(DDA) was kr42.8 Mil.
Selling, General, & Admin. Expense(SGA) was kr12.7 Mil.
Total Current Liabilities was kr104.0 Mil.
Long-Term Debt & Capital Lease Obligation was kr784.7 Mil.
Net Income was kr154.2 Mil.
Gross Profit was kr0.0 Mil.
Cash Flow from Operations was kr113.7 Mil.
 Total Receivables was kr0.0 Mil.
Revenue was kr0.0 Mil.
Gross Profit was kr0.0 Mil.
Total Current Assets was kr2.3 Mil.
Total Assets was kr2,690.3 Mil.
Property, Plant and Equipment(Net PPE) was kr2,688.0 Mil.
Depreciation, Depletion and Amortization(DDA) was kr0.0 Mil.
Selling, General, & Admin. Expense(SGA) was kr0.0 Mil.
Total Current Liabilities was kr22.0 Mil.
Long-Term Debt & Capital Lease Obligation was kr0.0 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)
=(95.631 / 416.596) / (0 / 0)
=0.229553 /
=

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)
=(0 / 0) / (173.566 / 416.596)
= / 0.416629
=

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 - (118.867 + 4471.939) / 4591.171) / (1 - (2.345 + 2687.993) / 2690.338)
=8.0E-5 / 0
=

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
=416.596 / 0
=

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 / (0 + 2687.993)) / (42.813 / (42.813 + 4471.939))
=0 / 0.009483
=

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)
=(12.704 / 416.596) / (0 / 0)
=0.030495 /
=

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)
=((784.73 + 103.99) / 4591.171) / ((0 + 21.981) / 2690.338)
=0.193572 / 0.00817
=

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
=(154.161 - 0 - 113.733) / 4591.171
=0.008806

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.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
Capital Tankers (OSL:CAPT) has a Beneish M-Score of 0.00 as of Jul. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Capital Tankers and its competitors. According to the industry distribution chart, Capital Tankers ranks #999999 out of 967 companies in the Transportation industry.
Is Capital Tankers' Beneish M-Score too high?
Capital Tankers' current Beneish M-Score is 0.00. Based on the distribution chart, Capital Tankers ranks #999999 out of 967 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Capital Tankers has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Capital Tankers' Beneish M-Score compare to competitors?
According to the Transportation industry distribution chart, Capital Tankers ranks #999999 out of 967 companies for Beneish M-Score. This places Capital Tankers 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 a Transportation company?
A good Beneish M-Score depends on the Transportation 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 Capital Tankers and its competitors. Capital Tankers's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Tankers stock overvalued right now?
Capital Tankers (OSL:CAPT) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Capital Tankers' overall GF Score™ is 16/100 with 3 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 Capital Tankers (OSL:CAPT), the current Beneish M-Score is 0.00 as of Jul. 27, 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.

Capital Tankers Business Description

Other Exchanges RS7:Germany
Address 3, Iasonos Street, Piraeus, Hellas, GRC, 18537
Capital Tankers Corp is a holding company for the Group, which operates in the crude tanker shipping industry. The Company owns, or will own upon delivery, its vessels through the SPVs, each of which is the contractual counterparty to the relevant Newbuilding Contracts, MoAs, SPAs, and management agreements. The Company's principal activity is to own and operate a modern ECO fleet of crude oil and refined product tankers. The company operates in one reportable segment, that of operating tanker vessels transporting crude oil.
16GF Score

Get the complete analysis for OSL:CAPT

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

kr124.58
Price