Knowledge Net Co (SAU:9561) Beneish M-Score: -2.49 (As of Aug. 04, 2026)

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SAU:9561 Knowledge Net Co SAU:9561
40 GF Score
Price ﷼10.70
GF Value ﷼9.72
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Knowledge Net Co Beneish M-Score?

Knowledge Net Co SAU:9561 40 Beneish M-Score is -2.49 as of Aug. 04, 2026. GuruFocus rates SAU:9561 with a GF Score™ of 40/100 and a GF Value™ of ﷼9.72 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,627 Software companies, Knowledge Net Co ranks worse than 52.91% 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 -2.49 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

SAU:9561' s Beneish M-Score Range Over the Past 10 Years
Min: -2.79   Med: -2.49   Max: 0.16
Current: -2.49

During the past 5 years, the highest Beneish M-Score of Knowledge Net Co was 0.16. The lowest was -2.79. And the median was -2.49.

Knowledge Net Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Knowledge Net Co'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.

Knowledge Net Co Beneish M-Score Chart

Knowledge Net Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
0.00 0.00 -2.79 0.16 -2.49

Knowledge Net Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only -2.79 0.00 0.16 0.00 -2.49

SAU:9561 vs QH, SHOP, UBER: Beneish M-Score Comparison

For the Software - Application subindustry, Knowledge Net Co'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.

Knowledge Net Co Beneish M-Score vs Software Industry

For the Software industry and Technology sector, Knowledge Net Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Knowledge Net Co's Beneish M-Score falls into.


SAU:9561
40GF Score
Knowledge Net Co SAU:9561
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Knowledge Net Co 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 Knowledge Net Co 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 * 1.7361+0.528 * 0.8647+0.404 * 1.0919+0.892 * 0.4941+0.115 * 0.924
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.8261+4.679 * -0.004359-0.327 * 1.0988
=-2.49

* 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 ﷼26.50 Mil.
Revenue was ﷼29.00 Mil.
Gross Profit was ﷼14.37 Mil.
Total Current Assets was ﷼30.31 Mil.
Total Assets was ﷼89.92 Mil.
Property, Plant and Equipment(Net PPE) was ﷼0.53 Mil.
Depreciation, Depletion and Amortization(DDA) was ﷼3.72 Mil.
Selling, General, & Admin. Expense(SGA) was ﷼5.79 Mil.
Total Current Liabilities was ﷼21.62 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼0.00 Mil.
Net Income was ﷼2.72 Mil.
Gross Profit was ﷼0.00 Mil.
Cash Flow from Operations was ﷼3.11 Mil.
 Total Receivables was ﷼30.90 Mil.
Revenue was ﷼58.69 Mil.
Gross Profit was ﷼25.14 Mil.
Total Current Assets was ﷼33.38 Mil.
Total Assets was ﷼86.70 Mil.
Property, Plant and Equipment(Net PPE) was ﷼1.16 Mil.
Depreciation, Depletion and Amortization(DDA) was ﷼4.90 Mil.
Selling, General, & Admin. Expense(SGA) was ﷼6.42 Mil.
Total Current Liabilities was ﷼18.63 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼0.34 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)
=(26.503 / 29.002) / (30.895 / 58.693)
=0.913834 / 0.526383
=1.7361

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)
=(25.138 / 58.693) / (14.365 / 29.002)
=0.428296 / 0.495311
=0.8647

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 - (30.312 + 0.528) / 89.923) / (1 - (33.376 + 1.155) / 86.704)
=0.65704 / 0.601737
=1.0919

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
=29.002 / 58.693
=0.4941

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))
=(4.898 / (4.898 + 1.155)) / (3.72 / (3.72 + 0.528))
=0.809186 / 0.875706
=0.924

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)
=(5.794 / 29.002) / (6.421 / 58.693)
=0.199779 / 0.1094
=1.8261

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 + 21.615) / 89.923) / ((0.34 + 18.628) / 86.704)
=0.240372 / 0.218767
=1.0988

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
=(2.721 - 0 - 3.113) / 89.923
=-0.004359

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.

Knowledge Net Co has a M-score of -2.49 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 -2.49 mean?
Knowledge Net Co (SAU:9561) has a Beneish M-Score of -2.49 as of Aug. 04, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Knowledge Net Co and its competitors. According to the industry distribution chart, Knowledge Net Co ranks #1390 out of 2627 companies in the Software industry, placing it in the top 52.9%.
Is Knowledge Net Co's Beneish M-Score too high?
Knowledge Net Co's current Beneish M-Score is -2.49. Based on the distribution chart, Knowledge Net Co ranks #1390 out of 2627 companies in the Software industry, which is below the industry midpoint. Overall, Knowledge Net Co has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Knowledge Net Co's Beneish M-Score compare to QH and SHOP?
According to the Software industry distribution chart, Knowledge Net Co ranks #1390 out of 2627 companies for Beneish M-Score. This places Knowledge Net Co 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 Knowledge Net Co and its competitors. Knowledge Net Co's current Beneish M-Score is -2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Knowledge Net Co stock overvalued right now?
Based on GuruFocus' analysis, Knowledge Net Co (SAU:9561) is currently considered Fairly Valued. The stock's GF Value™ is ﷼9.72, compared to a current price of ﷼10.70 — trading 10.1% above its estimated fair value. The current Beneish M-Score is -2.49. Knowledge Net Co's overall GF Score™ is 40/100 with 3 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 Knowledge Net Co (SAU:9561), the current Beneish M-Score is -2.49 as of Aug. 04, 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 Knowledge Net Co (SAU:9561) Overvalued in 2026?

Based on GuruFocus' analysis, Knowledge Net Co stock appears to be overvalued. The current stock price of ﷼10.70 is trading 10.1% above its estimated GF Value™ of ﷼9.72. GuruFocus considers Knowledge Net Co to be Fairly Valued.

Key valuation signals for SAU:9561:

  • Beneish M-Score: -2.49
  • GF Value™: ﷼9.72 vs. price of ﷼10.70 (10.1% above fair value)
  • GF Score™: 40/100 with 3 warning signs

No single metric tells the full story. See the SAU:9561 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Knowledge Net Co Business Description

Address Mecca Road, 2277 Makkah Al Mukarramah, P.O. 12611, Al Olaya District, Riyadh, SAU, 12611
Knowledge Net Co is engaged in wholesale of computers and their accessories, including the sale of printers and toners, wholesale of software, and includes importing, system analysis, designing and programming specific software, maintenance of software and designing websites. It generates revenue from the Sale of program licenses, consulting services, and Maintenance and technical support Services. It offers software solutions to both incumbent financial services companies and emerging, disruptive Fintech companies. Its software solutions encompass three categories: digitalization, data, and core systems.
40GF Score

Get the complete analysis for SAU:9561

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

﷼10.70
Price
﷼9.72
GF Value