RCTFF (Rochester Resources) Beneish M-Score: 0.00 (As of Jul. 12, 2026)


RCTFF Rochester Resources Ltd RCTFF
26 GF Score
Price $0.11
GF Value $0.02
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Rochester Resources Beneish M-Score?

Rochester Resources RCTFF 26 Beneish M-Score is 0.00 as of Jul. 12, 2026. GuruFocus rates RCTFF with a GF Score™ of 26/100 and a GF Value™ of $0.02 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 681 Metals & Mining companies, Rochester Resources ranks worse than 146842.73% 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 Rochester Resources's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Rochester Resources was -4.85. The lowest was -72.48. And the median was -8.52.

Rochester Resources Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Rochester Resources'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.

Rochester Resources Beneish M-Score Chart

Rochester Resources Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Rochester Resources Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.00 0.00 0.00 0.00 0.00

RCTFF vs NEM, AU: Beneish M-Score Comparison

For the Gold subindustry, Rochester Resources'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.

Rochester Resources Beneish M-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rochester Resources's Beneish M-Score distribution charts can be found below:

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


RCTFF
26GF Score
Rochester Resources Ltd RCTFF
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rochester Resources 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 Rochester Resources 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 (Feb26) TTM:Last Year (Feb25) TTM:
Total Receivables was $5.68 Mil.
Revenue was 6.169 + 3.874 + 3.433 + 2.569 = $16.05 Mil.
Gross Profit was 1.72 + 0.461 + 0.447 + 0.006 = $2.63 Mil.
Total Current Assets was $7.54 Mil.
Total Assets was $10.33 Mil.
Property, Plant and Equipment(Net PPE) was $2.79 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.45 Mil.
Selling, General, & Admin. Expense(SGA) was $0.83 Mil.
Total Current Liabilities was $35.85 Mil.
Long-Term Debt & Capital Lease Obligation was $0.34 Mil.
Net Income was 0.712 + -0.647 + -0.611 + -0.319 = $-0.87 Mil.
Non Operating Income was -0.462 + -0.598 + -0.515 + 0.164 = $-1.41 Mil.
Cash Flow from Operations was 0.851 + 0.31 + 0.338 + 0.397 = $1.90 Mil.
 Total Receivables was $2.52 Mil.
Revenue was 2.192 + 2.288 + 2.486 + 2.395 = $9.36 Mil.
Gross Profit was -0.262 + -0.42 + -0.119 + -0.383 = $-1.18 Mil.
Total Current Assets was $3.38 Mil.
Total Assets was $4.99 Mil.
Property, Plant and Equipment(Net PPE) was $1.61 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.35 Mil.
Selling, General, & Admin. Expense(SGA) was $0.75 Mil.
Total Current Liabilities was $14.10 Mil.
Long-Term Debt & Capital Lease Obligation was $14.25 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)
=(5.681 / 16.045) / (2.518 / 9.361)
=0.354067 / 0.268988
=

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)
=(-1.184 / 9.361) / (2.634 / 16.045)
=-0.126482 / 0.164163
=

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 - (7.538 + 2.786) / 10.325) / (1 - (3.381 + 1.608) / 4.989)
=9.7E-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
=16.045 / 9.361
=

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))
=(0.349 / (0.349 + 1.608)) / (0.451 / (0.451 + 2.786))
=0.178334 / 0.139327
=

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)
=(0.834 / 16.045) / (0.745 / 9.361)
=0.051979 / 0.079586
=

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)
=((0.335 + 35.846) / 10.325) / ((14.251 + 14.1) / 4.989)
=3.504213 / 5.682702
=

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
=(-0.865 - -1.411 - 1.896) / 10.325
=-0.130751

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?
Rochester Resources (RCTFF) has a Beneish M-Score of 0.00 as of Jul. 12, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Rochester Resources and its competitors. According to the industry distribution chart, Rochester Resources ranks #999999 out of 681 companies in the Metals & Mining industry.
Is Rochester Resources' Beneish M-Score too high?
Rochester Resources' current Beneish M-Score is 0.00. Based on the distribution chart, Rochester Resources ranks #999999 out of 681 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Rochester Resources has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rochester Resources' Beneish M-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Rochester Resources ranks #999999 out of 681 companies for Beneish M-Score. This places Rochester Resources 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 Metals & Mining company?
A good Beneish M-Score depends on the Metals & Mining 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 Rochester Resources and its competitors. Rochester Resources'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 Rochester Resources stock overvalued right now?
Based on GuruFocus' analysis, Rochester Resources (RCTFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.02, compared to a current price of $0.11 — trading 444% above its estimated fair value. The current Beneish M-Score is 0.00. Rochester Resources' overall GF Score™ is 26/100 with 5 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 Rochester Resources (RCTFF), the current Beneish M-Score is 0.00 as of Jul. 12, 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 Rochester Resources (RCTFF) Overvalued in 2026?

Based on GuruFocus' analysis, Rochester Resources stock appears to be overvalued. The current stock price of $0.11 is trading 444% above its estimated GF Value™ of $0.02. GuruFocus considers Rochester Resources to be Significantly Overvalued.

Key valuation signals for RCTFF:

  • Beneish M-Score: 0.00
  • GF Value™: $0.02 vs. price of $0.11 (444% above fair value)
  • GF Score™: 26/100 with 5 warning signs

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

Rochester Resources Business Description

Other Exchanges RCT:Canada
Address 1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Rochester Resources Ltd is a Canada-based mineral exploration and development company. Principally, the company is engaged in the business of acquisition, exploration, and development of exploration and evaluation of assets in Mexico. It holds interest in the Mina real and San Francisco properties. The firm operates in one segment being the acquisition, exploration and development of exploration and evaluation assets. Its mineral operations are located in Mexico and its corporate assets are located in Canada. It derives revenue from mineral exploration activity in Mexico.
26GF Score

Get the complete analysis for RCTFF

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

$0.11
Price
$0.02
GF Value