SatellogicSATL -9.54%37 Beneish M-Score is 0.30 as of Jun. 25, 2026, which is at its 10-year median of 0.30. GuruFocus rates SATL with a GF Score™ of 37/100 and a GF Value™ of $4.30 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 326 Aerospace & Defense companies, Satellogic ranks worse than 95.4% 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 0.3 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Satellogic's Beneish M-Score or its related term are showing as below:
SATL'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.91 Med: 0.3 Max: 0.74
Current: 0.3
During the past 7 years, the highest Beneish M-Score of Satellogic was 0.74. The lowest was -3.91. And the median was 0.30.
Satellogic Beneish M-Score Related Terms
Satellogic Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Satellogic'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.
SATL vs CDRE, EVEX, NPK: Beneish M-Score Comparison
For the Aerospace & Defense subindustry, Satellogic'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.
Satellogic Beneish M-Score vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Satellogic's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Satellogic'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 Satellogic 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 * 3.5056
+
0.528 * 0.8213
+
0.404 * 0.5129
+
0.892 * 1.5799
+
0.115 * 1.824
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.5923
+
4.679 * -0.0186
-
0.327 * 0.4705
=
0.30
* 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))
=
(12.497 / (12.497 + 32.34))
/
(6.445 / (6.445 + 35.733))
=
0.278721
/
0.152805
=
1.824
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
=
(-90.504 - -65
-
-22.006)
/
188.063
=
-0.0186
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.
Satellogic has a M-score of 0.30 signals that the company is likely to be a manipulator.
Satellogic (SATL) has a Beneish M-Score of 0.30 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Satellogic and its competitors. This is near median its historical median of 0.30. According to the industry distribution chart, Satellogic ranks #311 out of 326 companies in the Aerospace & Defense industry, placing it in the top 95.4%.
Is Satellogic's Beneish M-Score too high?
Satellogic's current Beneish M-Score of 0.30 is near median its 10-year median of 0.30. Based on the distribution chart, Satellogic ranks #311 out of 326 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Satellogic has a GF Score™ of 37/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Satellogic's Beneish M-Score compare to CDRE and EVEX?
According to the Aerospace & Defense industry distribution chart, Satellogic ranks #311 out of 326 companies for Beneish M-Score. This places Satellogic 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 Aerospace & Defense company?
A good Beneish M-Score depends on the Aerospace & Defense 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 Satellogic and its competitors. Satellogic's current Beneish M-Score is 0.30, which is near median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Satellogic stock overvalued right now?
Based on GuruFocus' analysis, Satellogic (SATL) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.30, compared to a current price of $5.04 — trading 17.2% above its estimated fair value. The current Beneish M-Score is 0.30, which is near median its 10-year median of 0.30. Satellogic's overall GF Score™ is 37/100 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 Satellogic (SATL), the current Beneish M-Score is 0.30 as of Jun. 25, 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 Satellogic (SATL) Overvalued in 2026?
Based on GuruFocus' analysis, Satellogic stock appears to be overvalued.
The current stock price of $5.04 is trading 17.2% above its estimated GF Value™ of $4.30.
GuruFocus considers Satellogic to be Modestly Overvalued.
Key valuation signals for SATL:
Beneish M-Score: 0.30 (near median its 10-year median of 0.30)
GF Value™: $4.30 vs. price of $5.04 (17.2% above fair value)
No single metric tells the full story. See the SATL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Satellogic Inc is a vertically integrated Earth observation company that designs, manufactures, and operates satellite systems, delivering decision-grade insights at scale to government and commercial customers. Through an end-to-end production and operations model, it provides governments with flexible options across their journey toward sovereign Earth observation. From access to high-frequency imagery and managed space systems to full satellite ownership, to supporting autonomous data availability and long-term technological independence. It has monitoring and alert-driven workflows that help defense and intelligence agencies, civil governments, and commercial operators transition from reactive tasking to proactive decision-making, providing mission-critical data when needed.
37GF Score
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