QDM InternationalQDMI -6.10%50 Beneish M-Score is 0.27 as of Jun. 24, 2026, which is at its 10-year median of 0.27. GuruFocus rates QDMI with a GF Score™ of 50/100 and a GF Value™ of $132.50 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 399 Insurance companies, QDM International ranks worse than 96.24% 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 0.27 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for QDM International's Beneish M-Score or its related term are showing as below:
QDMI'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.32 Med: 0.27 Max: 18.04
Current: 0.27
During the past 13 years, the highest Beneish M-Score of QDM International was 18.04. The lowest was -2.32. And the median was 0.27.
QDM International Beneish M-Score Related Terms
QDM International Beneish M-Score Historical Data
* Premium members only.
The historical data trend for QDM International'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.
QDMI vs TWFG, AIFU, SLQT: Beneish M-Score Comparison
For the Insurance Brokers subindustry, QDM International'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.
QDM International Beneish M-Score vs Insurance Industry
For the Insurance industry and Financial Services sector, QDM International's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where QDM International'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 QDM International 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 * 1.8846
+
0.528 * 1.4778
+
0.404 * 0.1886
+
0.892 * 3.8518
+
0.115 * 0.9262
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.5132
+
4.679 * -0.063415
-
0.327 * 1.956
=
0.27
* 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))
=
(0.043 / (0.043 + 0.155))
/
(0.034 / (0.034 + 0.111))
=
0.217172
/
0.234483
=
0.9262
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
=
(5.521 - 0.117
-
6.418)
/
15.99
=
-0.063415
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.
QDM International has a M-score of 0.27 signals that the company is likely to be a manipulator.
QDM International (QDMI) has a Beneish M-Score of 0.27 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on QDM International and its competitors. This is near median its historical median of 0.27. According to the industry distribution chart, QDM International ranks #384 out of 399 companies in the Insurance industry, placing it in the top 96.2%.
Is QDM International's Beneish M-Score too high?
QDM International's current Beneish M-Score of 0.27 is near median its 10-year median of 0.27. Based on the distribution chart, QDM International ranks #384 out of 399 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, QDM International has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does QDM International's Beneish M-Score compare to TWFG and AIFU?
According to the Insurance industry distribution chart, QDM International ranks #384 out of 399 companies for Beneish M-Score. This places QDM International 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 Insurance company?
A good Beneish M-Score depends on the Insurance 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 QDM International and its competitors. QDM International's current Beneish M-Score is 0.27, which is near median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QDM International stock overvalued right now?
Based on GuruFocus' analysis, QDM International (QDMI) is currently considered Possible Value Trap. The stock's GF Value™ is $132.50, compared to a current price of $8.00 — trading 94% below its estimated fair value. The current Beneish M-Score is 0.27, which is near median its 10-year median of 0.27. QDM International's overall GF Score™ is 50/100 with 2 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 QDM International (QDMI), the current Beneish M-Score is 0.27 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 QDM International (QDMI) Overvalued in 2026?
Based on GuruFocus' analysis, QDM International stock appears to be undervalued.
The current stock price of $8.00 is trading 94% below its estimated GF Value™ of $132.50.
GuruFocus considers QDM International to be Possible Value Trap.
Key valuation signals for QDMI:
Beneish M-Score: 0.27 (near median its 10-year median of 0.27)
GF Value™: $132.50 vs. price of $8.00 (94% below fair value)
No single metric tells the full story. See the QDMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
QDM International Inc is a holding company. Along with its subsidiaries, it is engaged in the insurance brokerage business mainly in Hong Kong. The group sells a wide range of insurance products, consisting of two main categories: life and medical insurance, such as individual life insurance, and general insurance, such as automobile insurance, commercial property insurance, etc. In addition, as a Mandatory Provident Fund Intermediary, it also provides customers with assistance on account opening and related services under the MPF and the Occupational Retirement Schemes Ordinance (ORSO) schemes, both of which are mandatory retirement protection schemes set up for employees who are Hong Kong residents. The group generates a majority of its revenue from the insurance brokerage business.
50GF Score
Get the complete analysis for QDMI
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
QDMI has been successfully added to your 
