RAASY (Cloopen Group Holding) Beneish M-Score: -1.93 (As of Aug. 01, 2026)

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RAASY Cloopen Group Holding Ltd RAASY
41 GF Score
Price $2.03
GF Value $0.50
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Cloopen Group Holding Beneish M-Score?

Cloopen Group Holding RAASY +2.01% 41 Beneish M-Score is -1.93 as of Aug. 01, 2026. GuruFocus rates RAASY with a GF Score™ of 41/100 and a GF Value™ of $0.50 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,628 Software companies, Cloopen Group Holding ranks worse than 78.2% 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 -1.93 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

RAASY' s Beneish M-Score Range Over the Past 10 Years
Min: -3.33   Med: -2.78   Max: -1.93
Current: -1.93

During the past 8 years, the highest Beneish M-Score of Cloopen Group Holding was -1.93. The lowest was -3.33. And the median was -2.78.

Cloopen Group Holding Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Cloopen Group Holding'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.

Cloopen Group Holding Beneish M-Score Chart

Cloopen Group Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial -3.13 -3.33 -2.01 -2.42 -1.93

Cloopen Group Holding Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score Get a 7-Day Free Trial -3.13 -3.33 -2.01 -2.42 -1.93

RAASY vs RYDE, SCOR, SSTI: Beneish M-Score Comparison

For the Software - Application subindustry, Cloopen Group Holding'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.

Cloopen Group Holding Beneish M-Score vs Software Industry

For the Software industry and Technology sector, Cloopen Group Holding's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Cloopen Group Holding's Beneish M-Score falls into.


RAASY
41GF Score
Cloopen Group Holding Ltd RAASY
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cloopen Group Holding 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 Cloopen Group Holding 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 * 1.3701+0.528 * 1.342+0.404 * 1.1114+0.892 * 0.9655+0.115 * 1.7711
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9644+4.679 * -0.002702-0.327 * 1.2159
=-1.93

* 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 $35.76 Mil.
Revenue was $76.06 Mil.
Gross Profit was $20.84 Mil.
Total Current Assets was $175.51 Mil.
Total Assets was $195.40 Mil.
Property, Plant and Equipment(Net PPE) was $2.87 Mil.
Depreciation, Depletion and Amortization(DDA) was $1.00 Mil.
Selling, General, & Admin. Expense(SGA) was $35.97 Mil.
Total Current Liabilities was $76.74 Mil.
Long-Term Debt & Capital Lease Obligation was $0.54 Mil.
Net Income was $-33.98 Mil.
Gross Profit was $-0.66 Mil.
Cash Flow from Operations was $-32.80 Mil.
 Total Receivables was $27.04 Mil.
Revenue was $78.78 Mil.
Gross Profit was $28.96 Mil.
Total Current Assets was $197.19 Mil.
Total Assets was $216.79 Mil.
Property, Plant and Equipment(Net PPE) was $2.61 Mil.
Depreciation, Depletion and Amortization(DDA) was $2.21 Mil.
Selling, General, & Admin. Expense(SGA) was $38.63 Mil.
Total Current Liabilities was $69.86 Mil.
Long-Term Debt & Capital Lease Obligation was $0.65 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)
=(35.763 / 76.06) / (27.036 / 78.779)
=0.470195 / 0.343188
=1.3701

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)
=(28.96 / 78.779) / (20.835 / 76.06)
=0.367611 / 0.273928
=1.342

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 - (175.512 + 2.869) / 195.404) / (1 - (197.19 + 2.606) / 216.789)
=0.087117 / 0.078385
=1.1114

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
=76.06 / 78.779
=0.9655

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))
=(2.212 / (2.212 + 2.606)) / (1.004 / (1.004 + 2.869))
=0.459112 / 0.259231
=1.7711

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)
=(35.967 / 76.06) / (38.626 / 78.779)
=0.472877 / 0.490308
=0.9644

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)
=((0.537 + 76.737) / 195.404) / ((0.65 + 69.856) / 216.789)
=0.395458 / 0.325229
=1.2159

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
=(-33.983 - -0.655 - -32.8) / 195.404
=-0.002702

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.

Cloopen Group Holding has a M-score of -1.93 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 -1.93 mean?
Cloopen Group Holding (RAASY) has a Beneish M-Score of -1.93 as of Aug. 01, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Cloopen Group Holding and its competitors. According to the industry distribution chart, Cloopen Group Holding ranks #2055 out of 2628 companies in the Software industry, placing it in the top 78.2%.
Is Cloopen Group Holding's Beneish M-Score too high?
Cloopen Group Holding's current Beneish M-Score is -1.93. Based on the distribution chart, Cloopen Group Holding ranks #2055 out of 2628 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Cloopen Group Holding has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cloopen Group Holding's Beneish M-Score compare to RYDE and SCOR?
According to the Software industry distribution chart, Cloopen Group Holding ranks #2055 out of 2628 companies for Beneish M-Score. This places Cloopen Group Holding 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 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 Cloopen Group Holding and its competitors. Cloopen Group Holding's current Beneish M-Score is -1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cloopen Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Cloopen Group Holding (RAASY) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.50, compared to a current price of $2.03 — trading 306% above its estimated fair value. The current Beneish M-Score is -1.93. Cloopen Group Holding's overall GF Score™ is 41/100 with 4 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 Cloopen Group Holding (RAASY), the current Beneish M-Score is -1.93 as of Aug. 01, 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 Cloopen Group Holding (RAASY) Overvalued in 2026?

Based on GuruFocus' analysis, Cloopen Group Holding stock appears to be overvalued. The current stock price of $2.03 is trading 306% above its estimated GF Value™ of $0.50. GuruFocus considers Cloopen Group Holding to be Significantly Overvalued.

Key valuation signals for RAASY:

  • Beneish M-Score: -1.93
  • GF Value™: $0.50 vs. price of $2.03 (306% above fair value)
  • GF Score™: 41/100 with 4 warning signs

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

Cloopen Group Holding Business Description

Address 33 Guangshun North Main Street, 16th Floor, Tower A, Fairmont Tower, Chaoyang District, Beijing, CHN, 100102
Cloopen Group Holding Ltd is principally engaged in providing integrated communication services based on cloud computing technology. The Group's principal operations and geographic markets are mainly in the People's Republic of China (PRC). It is a multi-capability cloud-based communications solution provider in China offering a suite of cloud-based communications solutions, covering communications platform as a service (CPaaS), cloud-based contact centers, or cloud-based CC, and cloud-based unified communications and collaborations, or cloud-based UC&C. The company serves a customer base consisting of enterprises across a variety of industries, including internet, telecommunications, financial services, education, industrial manufacturing, and energy.
41GF Score

Get the complete analysis for RAASY

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

$2.03
Price
$0.50
GF Value