PKTED (Parkit Enterprise) Beneish M-Score: -2.42 (As of Jun. 24, 2026)


PKTED Parkit Enterprise Inc PKTED
47 GF Score
Price $6.50
GF Value $0.39
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Parkit Enterprise Beneish M-Score?

Parkit Enterprise PKTED +2.42% 47 Beneish M-Score is -2.42 as of Jun. 24, 2026. GuruFocus rates PKTED with a GF Score™ of 47/100 and a GF Value™ of $0.39 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,681 Real Estate companies, Parkit Enterprise ranks better than 54.31% 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 -2.42 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

PKTED' s Beneish M-Score Range Over the Past 10 Years
Min: -59.57   Med: -2.23   Max: 41.55
Current: -2.42

During the past 13 years, the highest Beneish M-Score of Parkit Enterprise was 41.55. The lowest was -59.57. And the median was -2.23.


Parkit Enterprise Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Parkit Enterprise'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.

Parkit Enterprise Beneish M-Score Chart

Parkit Enterprise Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.55 -2.71 -2.42 -1.62 -2.74

Parkit Enterprise Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.65 -1.79 -2.12 -2.74 -2.42

PKTED vs CBRE, BEKE: Beneish M-Score Comparison

For the Real Estate Services subindustry, Parkit Enterprise'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.


Parkit Enterprise Beneish M-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Parkit Enterprise's Beneish M-Score distribution charts can be found below:

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


PKTED
47GF Score
Parkit Enterprise Inc PKTED
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Parkit Enterprise 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 Parkit Enterprise 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 * 1.3358+0.528 * 1.0348+0.404 * 0.9774+0.892 * 0.9697+0.115 * 1.1047
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0629+4.679 * -0.051092-0.327 * 0.818
=-2.37

* 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was $0.94 Mil.
Revenue was 5.052 + 5.294 + 4.822 + 6.579 = $21.75 Mil.
Gross Profit was 2.934 + 3.161 + 3.008 + 3.887 = $12.99 Mil.
Total Current Assets was $8.27 Mil.
Total Assets was $225.42 Mil.
Property, Plant and Equipment(Net PPE) was $8.39 Mil.
Depreciation, Depletion and Amortization(DDA) was $5.57 Mil.
Selling, General, & Admin. Expense(SGA) was $2.22 Mil.
Total Current Liabilities was $4.16 Mil.
Long-Term Debt & Capital Lease Obligation was $102.96 Mil.
Net Income was -1.01 + 5.478 + 0.956 + 13.286 = $18.71 Mil.
Non Operating Income was -0.804 + 5.826 + 1.152 + 13.547 = $19.72 Mil.
Cash Flow from Operations was 3.52 + 1.845 + 2.219 + 2.922 = $10.51 Mil.
Total Receivables was $0.73 Mil.
Revenue was 5.776 + 5.685 + 5.689 + 5.277 = $22.43 Mil.
Gross Profit was 3.414 + 3.597 + 3.56 + 3.291 = $13.86 Mil.
Total Current Assets was $4.11 Mil.
Total Assets was $234.44 Mil.
Property, Plant and Equipment(Net PPE) was $8.19 Mil.
Depreciation, Depletion and Amortization(DDA) was $6.46 Mil.
Selling, General, & Admin. Expense(SGA) was $2.15 Mil.
Total Current Liabilities was $5.61 Mil.
Long-Term Debt & Capital Lease Obligation was $130.58 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)
=(0.943 / 21.747) / (0.728 / 22.427)
=0.043362 / 0.032461
=1.3358

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)
=(13.862 / 22.427) / (12.99 / 21.747)
=0.618094 / 0.597324
=1.0348

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 - (8.274 + 8.386) / 225.418) / (1 - (4.11 + 8.191) / 234.438)
=0.926093 / 0.94753
=0.9774

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
=21.747 / 22.427
=0.9697

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))
=(6.456 / (6.456 + 8.191)) / (5.567 / (5.567 + 8.386))
=0.440773 / 0.398982
=1.1047

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)
=(2.216 / 21.747) / (2.15 / 22.427)
=0.101899 / 0.095867
=1.0629

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)
=((102.963 + 4.16) / 225.418) / ((130.582 + 5.61) / 234.438)
=0.475219 / 0.58093
=0.818

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
=(18.71 - 19.721 - 10.506) / 225.418
=-0.051092

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.

Parkit Enterprise has a M-score of -2.37 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 -2.42 mean?
Parkit Enterprise (PKTED) has a Beneish M-Score of -2.42 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Parkit Enterprise and its competitors. According to the industry distribution chart, Parkit Enterprise ranks #768 out of 1681 companies in the Real Estate industry, placing it in the top 45.7%.
Is Parkit Enterprise's Beneish M-Score too high?
Parkit Enterprise's current Beneish M-Score is -2.42. Based on the distribution chart, Parkit Enterprise ranks #768 out of 1681 companies in the Real Estate industry, which is above the industry midpoint. Overall, Parkit Enterprise has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Parkit Enterprise's Beneish M-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Parkit Enterprise ranks #768 out of 1681 companies for Beneish M-Score. This puts Parkit Enterprise 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 Real Estate company?
A good Beneish M-Score depends on the Real Estate 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 Parkit Enterprise and its competitors. Parkit Enterprise's current Beneish M-Score is -2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parkit Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Parkit Enterprise (PKTED) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.39, compared to a current price of $6.50 — trading 1566.7% above its estimated fair value. The current Beneish M-Score is -2.42. Parkit Enterprise's overall GF Score™ is 47/100 with 8 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 Parkit Enterprise (PKTED), the current Beneish M-Score is -2.42 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 Parkit Enterprise (PKTED) Overvalued in 2026?

Based on GuruFocus' analysis, Parkit Enterprise stock appears to be overvalued. The current stock price of $6.50 is trading 1566.7% above its estimated GF Value™ of $0.39. GuruFocus considers Parkit Enterprise to be Significantly Overvalued.

Key valuation signals for PKTED:

  • Beneish M-Score: -2.42
  • GF Value™: $0.39 vs. price of $6.50 (1566.7% above fair value)
  • GF Score™: 47/100 with 8 warning signs

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


Parkit Enterprise Business Description

Other Exchanges PKT:Canada
Address 100 Canadian Road, Scarborough, ON, CAN, M1R 4Z5
Parkit Enterprise Inc is an investment real estate platform. It is focused on the acquisition, growth, and management of strategically located industrial properties across key markets in Canada, with a focus on the Greater Toronto Area (GTA), Ottawa, and Montreal, to complement its parking assets across the United States. The company operates in two reportable business segments: Investment Properties which involves the acquisition and management of income producing industrial properties across key markets in Canada; and Parking Properties which involves the acquisition and management of income producing parking facilities across the United States. Majority of the company's revenue is from Investment Properties. The company only operates in Canada and the United States.
47GF Score

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

$6.50
Price
$0.39
GF Value