Stak (STAK) Beneish M-Score: -2.76 (As of Jul. 25, 2026)

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STAK Stak Inc STAK
20 GF Score
Price $9.27
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What is Stak Beneish M-Score?

Stak STAK +607.63% 20 Beneish M-Score is -2.76 as of Jul. 25, 2026. GuruFocus rates STAK with a GF Score™ of 20/100. The stock has 5 warning signs investors should review. Among 822 Oil & Gas companies, Stak ranks better than 56.57% 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 -2.76 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

STAK' s Beneish M-Score Range Over the Past 10 Years
Min: -2.76   Med: -1.54   Max: -0.32
Current: -2.76

During the past 4 years, the highest Beneish M-Score of Stak was -0.32. The lowest was -2.76. And the median was -1.54.

Stak Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Stak'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.

Stak Beneish M-Score Chart

Stak Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Beneish M-Score
0.00 0.00 -0.32 -2.76

Stak Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beneish M-Score Get a 7-Day Free Trial 0.00 -0.32 0.00 -2.76 0.00

STAK vs GEOS, LSE, QSEP: Beneish M-Score Comparison

For the Oil & Gas Equipment & Services subindustry, Stak'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.

Stak Beneish M-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Stak's Beneish M-Score distribution charts can be found below:

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


STAK
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Stak Inc STAK
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Stak 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 Stak 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 * 0.6935+0.528 * 0.9717+0.404 * 2.3676+0.892 * 1.3169+0.115 * 0.2446
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 4.7836+4.679 * -0.004709-0.327 * 1.1859
=-2.76

* 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 (Jun25) TTM:Last Year (Jun24) TTM:
Total Receivables was $3.91 Mil.
Revenue was $24.92 Mil.
Gross Profit was $7.69 Mil.
Total Current Assets was $23.46 Mil.
Total Assets was $26.76 Mil.
Property, Plant and Equipment(Net PPE) was $0.37 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.37 Mil.
Selling, General, & Admin. Expense(SGA) was $7.55 Mil.
Total Current Liabilities was $13.44 Mil.
Long-Term Debt & Capital Lease Obligation was $0.42 Mil.
Net Income was $-5.71 Mil.
Gross Profit was $-2.71 Mil.
Cash Flow from Operations was $-2.88 Mil.
 Total Receivables was $4.28 Mil.
Revenue was $18.92 Mil.
Gross Profit was $5.67 Mil.
Total Current Assets was $15.30 Mil.
Total Assets was $18.78 Mil.
Property, Plant and Equipment(Net PPE) was $2.62 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.36 Mil.
Selling, General, & Admin. Expense(SGA) was $1.20 Mil.
Total Current Liabilities was $8.09 Mil.
Long-Term Debt & Capital Lease Obligation was $0.12 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)
=(3.905 / 24.915) / (4.276 / 18.919)
=0.156733 / 0.226016
=0.6935

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)
=(5.674 / 18.919) / (7.69 / 24.915)
=0.29991 / 0.308649
=0.9717

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 - (23.463 + 0.368) / 26.755) / (1 - (15.295 + 2.621) / 18.783)
=0.109288 / 0.046159
=2.3676

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
=24.915 / 18.919
=1.3169

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))
=(0.364 / (0.364 + 2.621)) / (0.366 / (0.366 + 0.368))
=0.121943 / 0.498638
=0.2446

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)
=(7.547 / 24.915) / (1.198 / 18.919)
=0.30291 / 0.063323
=4.7836

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)
=((0.419 + 13.436) / 26.755) / ((0.117 + 8.085) / 18.783)
=0.517847 / 0.436671
=1.1859

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
=(-5.713 - -2.708 - -2.879) / 26.755
=-0.004709

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.

Stak has a M-score of -2.76 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 -2.76 mean?
Stak (STAK) has a Beneish M-Score of -2.76 as of Jul. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Stak and its competitors. According to the industry distribution chart, Stak ranks #357 out of 822 companies in the Oil & Gas industry, placing it in the top 43.4%.
Is Stak's Beneish M-Score too high?
Stak's current Beneish M-Score is -2.76. Based on the distribution chart, Stak ranks #357 out of 822 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Stak has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Stak's Beneish M-Score compare to GEOS and LSE?
According to the Oil & Gas industry distribution chart, Stak ranks #357 out of 822 companies for Beneish M-Score. This puts Stak 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 an Oil & Gas company?
A good Beneish M-Score depends on the Oil & Gas 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 Stak and its competitors. Stak's current Beneish M-Score is -2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stak stock overvalued right now?
Stak (STAK) has a current Beneish M-Score of -2.76. The current Beneish M-Score is -2.76. Stak's overall GF Score™ is 20/100 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 Stak (STAK), the current Beneish M-Score is -2.76 as of Jul. 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.

Stak Business Description

Industry EnergyOil & Gas
Address No. 6 Beitanghe East Road, Building 11, 8th Floor, Tianning District, Jiangsu, Changzhou, CHN, 213000
Stak Inc is engaged in research, development, manufacturing, and sale of oilfield-specialized production and maintenance equipment. It design and manufacture oilfield-specialized production and maintenance equipment and also sell oilfield-specialized production and maintenance equipment components, related products, and provide automation solutions. Its products include oilfield vehicles such as oil pumping trucks, oil-well repair trucks, fracking trucks, well flushing-wax removal trucks, and boiler trucks. The company also produce specialized equipment and components for oil well repair and maintenance, fracking, oil well cleaning and wax removal, oil pumping, and boilers.
20GF Score

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

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