SNAVF (Star Navigation Systems Group) Beneish M-Score: 0.00 (As of Jun. 25, 2026)


What is Star Navigation Systems Group Beneish M-Score?

Star Navigation Systems Group SNAVF +10.34% Beneish M-Score is 0.00 as of Jun. 25, 2026. The stock has 4 warning signs investors should review. Among 326 Aerospace & Defense companies, Star Navigation Systems Group ranks worse than 306748.16% 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 Star Navigation Systems Group's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Star Navigation Systems Group was 19.44. The lowest was -36.06. And the median was -6.49.

Star Navigation Systems Group Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Star Navigation Systems Group'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.

Star Navigation Systems Group Beneish M-Score Chart

Star Navigation Systems Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -5.82 -22.16 -36.06

Star Navigation Systems Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -35.57 -36.06 0.00 0.00 0.00

SNAVF vs GE, RTX, BA: Beneish M-Score Comparison

For the Aerospace & Defense subindustry, Star Navigation Systems Group'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.

Star Navigation Systems Group Beneish M-Score vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Star Navigation Systems Group's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Star Navigation Systems Group's Beneish M-Score falls into.


Star Navigation Systems Group 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 Star Navigation Systems Group 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was $0.08 Mil.
Revenue was 0.032 + 0 + 0 + 0.04 = $0.07 Mil.
Gross Profit was -0.278 + -0.086 + -0.146 + -0.102 = $-0.61 Mil.
Total Current Assets was $0.23 Mil.
Total Assets was $0.46 Mil.
Property, Plant and Equipment(Net PPE) was $0.23 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.09 Mil.
Selling, General, & Admin. Expense(SGA) was $3.21 Mil.
Total Current Liabilities was $3.24 Mil.
Long-Term Debt & Capital Lease Obligation was $0.30 Mil.
Net Income was -1.096 + -0.792 + -0.424 + -1.458 = $-3.77 Mil.
Non Operating Income was 0.025 + 0.017 + 0 + 0.059 = $0.10 Mil.
Cash Flow from Operations was -2.35 + -0.227 + -0.612 + 0.548 = $-2.64 Mil.
 Total Receivables was $0.07 Mil.
Revenue was 0.003 + 0.006 + 0.004 + 0.08 = $0.09 Mil.
Gross Profit was -0.068 + -0.065 + -0.14 + -0.226 = $-0.50 Mil.
Total Current Assets was $0.11 Mil.
Total Assets was $0.41 Mil.
Property, Plant and Equipment(Net PPE) was $0.30 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.20 Mil.
Selling, General, & Admin. Expense(SGA) was $2.26 Mil.
Total Current Liabilities was $2.93 Mil.
Long-Term Debt & Capital Lease Obligation was $0.43 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)
=(0.078 / 0.072) / (0.071 / 0.093)
=1.083333 / 0.763441
=

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)
=(-0.499 / 0.093) / (-0.612 / 0.072)
=-5.365591 / -8.5
=

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 - (0.23 + 0.233) / 0.462) / (1 - (0.11 + 0.304) / 0.414)
=-0.002165 / 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
=0.072 / 0.093
=

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))
=(0.195 / (0.195 + 0.304)) / (0.085 / (0.085 + 0.233))
=0.390782 / 0.267296
=

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)
=(3.209 / 0.072) / (2.258 / 0.093)
=44.569444 / 24.27957
=

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)
=((0.295 + 3.238) / 0.462) / ((0.434 + 2.926) / 0.414)
=7.647186 / 8.115942
=

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
=(-3.77 - 0.101 - -2.641) / 0.462
=-2.662338

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?
Star Navigation Systems Group (SNAVF) has a Beneish M-Score of 0.00 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Star Navigation Systems Group and its competitors. According to the industry distribution chart, Star Navigation Systems Group ranks #999999 out of 326 companies in the Aerospace & Defense industry.
Is Star Navigation Systems Group's Beneish M-Score too high?
Star Navigation Systems Group's current Beneish M-Score is 0.00. Based on the distribution chart, Star Navigation Systems Group ranks #999999 out of 326 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers.
How does Star Navigation Systems Group's Beneish M-Score compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Star Navigation Systems Group ranks #999999 out of 326 companies for Beneish M-Score. This places Star Navigation Systems Group 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 Star Navigation Systems Group and its competitors. Star Navigation Systems Group'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 Star Navigation Systems Group stock overvalued right now?
Star Navigation Systems Group (SNAVF) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. 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 Star Navigation Systems Group (SNAVF), the current Beneish M-Score is 0.00 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.

Star Navigation Systems Group Business Description

Other Exchanges SNA:Canada
Address 11 Kenview Boulevard, Brampton, ON, CAN, L6T 5G5
Star Navigation Systems Group Ltd is focused on providing Aerospace Solutions. It is centred on devoting all its activity to the development, marketing and promotion of an in-flight Safety Monitoring System (STAR-ISMS), whereby data from an aircraft can be transmitted to ground stations for the duration of a flight. The Company operates in a single segment, consisting of the development, marketing, and sale of in-flight safety monitoring systems. The group operates and generates revenue in Canada.