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SmartRentSMRT -4.63%74 Beneish M-Score is -2.75 as of Jul. 14, 2026. GuruFocus rates SMRT with a GF Score™ of 74/100 and a GF Value™ of $1.59 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,631 Software companies, SmartRent ranks better than 64.73% 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.
Good Sign:
Beneish M-Score -2.75 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for SmartRent's Beneish M-Score or its related term are showing as below:
SMRT'
s Beneish M-Score Range Over the Past 10 Years
Min: -7.73 Med: -2.85 Max: 2.01
Current: -2.75
During the past 6 years, the highest Beneish M-Score of SmartRent was 2.01. The lowest was -7.73. And the median was -2.85.
SmartRent Beneish M-Score Related Terms
SmartRent Beneish M-Score Historical Data
* Premium members only.
The historical data trend for SmartRent'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.
For the Software - Application subindustry, SmartRent'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.
SmartRent Beneish M-Score vs Software Industry
For the Software industry and Technology sector, SmartRent's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where SmartRent'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 SmartRent 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 * 0.8163
+
0.528 * 0.9565
+
0.404 * 1.1695
+
0.892 * 0.903
+
0.115 * 0.8225
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.8337
+
4.679 * -0.034383
-
0.327 * 0.7114
=
-2.75
* 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))
=
(6.937 / (6.937 + 8.817))
/
(8.71 / (8.71 + 7.559))
=
0.440333
/
0.535374
=
0.8225
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
=
(-24.822 - -0.55
-
-13.949)
/
300.236
=
-0.034383
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.
SmartRent has a M-score of -2.75 suggests that the company is unlikely to be a manipulator.
SmartRent (SMRT) has a Beneish M-Score of -2.75 as of Jul. 14, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on SmartRent and its competitors. According to the industry distribution chart, SmartRent ranks #928 out of 2631 companies in the Software industry, placing it in the top 35.3%.
Is SmartRent's Beneish M-Score too high?
SmartRent's current Beneish M-Score is -2.75. Based on the distribution chart, SmartRent ranks #928 out of 2631 companies in the Software industry, which is above the industry midpoint. Overall, SmartRent has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SmartRent's Beneish M-Score compare to LAW and DSP?
According to the Software industry distribution chart, SmartRent ranks #928 out of 2631 companies for Beneish M-Score. This puts SmartRent in the upper 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 SmartRent and its competitors. SmartRent's current Beneish M-Score is -2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SmartRent stock overvalued right now?
Based on GuruFocus' analysis, SmartRent (SMRT) is currently considered Possible Value Trap. The stock's GF Value™ is $1.59, compared to a current price of $0.98 — trading 38.2% below its estimated fair value. The current Beneish M-Score is -2.75. SmartRent's overall GF Score™ is 74/100 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 SmartRent (SMRT), the current Beneish M-Score is -2.75 as of Jul. 14, 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 SmartRent (SMRT) Overvalued in 2026?
Based on GuruFocus' analysis, SmartRent stock appears to be undervalued.
The current stock price of $0.98 is trading 38.2% below its estimated GF Value™ of $1.59.
GuruFocus considers SmartRent to be Possible Value Trap.
Key valuation signals for SMRT:
Beneish M-Score: -2.75
GF Value™: $1.59 vs. price of $0.98 (38.2% below fair value)
No single metric tells the full story. See the SMRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SmartRent Inc is an enterprise real estate technology company that provides a comprehensive management platform designed for property owners, managers, and residents. The company's suite of products and services, which includes cloud-based software-as-a-service ("SaaS") solutions, many of which are enabled by smart building hardware, provides visibility and control over real estate assets. Geographically, it operates in the United States and internationally; the majority of revenue is generated from the United States. The company generates key revenue from Hardware and Saas.
74GF Score
Get the complete analysis for SMRT
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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