Gold.com (STU:AND) Beneish M-Score: -2.34 (As of Jun. 24, 2026)

What is Gold.com Beneish M-Score?

Gold.com STU:AND +1.37% 78 Beneish M-Score is -2.34 as of Jun. 24, 2026. GuruFocus rates STU:AND with a GF Score™ of 78/100 and a GF Value™ of €29.76 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 702 Capital Markets companies, Gold.com ranks better than 58.4% 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.

Good Sign:

Beneish M-Score -2.34 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

STU:AND' s Beneish M-Score Range Over the Past 10 Years
Min: -3.23 Med: -1.95 Max: -0.06
Current: -2.34

During the past 13 years, the highest Beneish M-Score of Gold.com was -0.06. The lowest was -3.23. And the median was -1.95.

Gold.com Beneish M-Score Related Terms

Gold.com Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Gold.com'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.

Gold.com Beneish M-Score Chart

Gold.com Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Beneish M-Score

Get a 7-Day Free Trial

-0.64

-2.11

-2.24

-1.94

-2.58

Gold.com 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															-2.47	-2.58	-2.82	-1.03	-2.34

STU:AND vs SBET, PWP, ABTC: Beneish M-Score Comparison

For the Capital Markets subindustry, Gold.com'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.

Gold.com Beneish M-Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Gold.com's Beneish M-Score distribution charts can be found below:

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

Save Embed

78GF Score

Gold.com Inc STU:AND

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Gold.com 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 Gold.com for today is based on a combination of the following eight different indices:

-4.84

0.92 * DSRI

0.528 * GMI

0.404 * AQI

0.892 * SGI

0.115 * DEPI

-4.84

0.92 * 0.6461

0.528 * 0.8491

0.404 * 0.6145

0.892 * 1.9421

0.115 * 0.7491

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 1.1051

4.679 * -0.034637

0.327 * 1.1648

-2.46

This Year (Mar26) TTM:

Last Year (Mar25) TTM:

Total Receivables was €256 Mil.
Revenue was 8953.381 + 5531.273 + 3136.013 + 2177.946 = €19,799 Mil.
Gross Profit was 152.742 + 79.738 + 62.108 + 70.824 = €365 Mil.
Total Current Assets was €3,173 Mil.
Total Assets was €3,611 Mil.
Property, Plant and Equipment(Net PPE) was €59 Mil.
Depreciation, Depletion and Amortization(DDA) was €29 Mil.
Selling, General, & Admin. Expense(SGA) was €216 Mil.
Total Current Liabilities was €2,698 Mil.
Long-Term Debt & Capital Lease Obligation was €88 Mil.
Net Income was 51.456 + 9.937 + -0.8 + 8.951 = €70 Mil.
Non Operating Income was 4.184 + 0.25 + 1.045 + 0.765 = €6 Mil.
Cash Flow from Operations was 0.203 + -36.399 + 166.495 + 58.06 = €188 Mil.

Total Receivables was €204 Mil.
Revenue was 2783.441 + 2618.939 + 2446.301 + 2345.683 = €10,194 Mil.
Gross Profit was 37.941 + 42.752 + 39.142 + 39.92 = €160 Mil.
Total Current Assets was €1,626 Mil.
Total Assets was €2,020 Mil.
Property, Plant and Equipment(Net PPE) was €50 Mil.
Depreciation, Depletion and Amortization(DDA) was €16 Mil.
Selling, General, & Admin. Expense(SGA) was €101 Mil.
Total Current Liabilities was €1,044 Mil.
Long-Term Debt & Capital Lease Obligation was €294 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)
	=	(256.174 / 19798.613)	/	(204.154 / 10194.364)
	=	0.012939	/	0.020026
	=	0.6461

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)
	=	(159.755 / 10194.364)	/	(365.412 / 19798.613)
	=	0.015671	/	0.018456
	=	0.8491

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 - (3173.109 + 59.441) / 3610.573)	/	(1 - (1626.034 + 49.607) / 2019.782)
	=	0.104699	/	0.170385
	=	0.6145

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
	=	19798.613	/	10194.364
	=	1.9421

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))
	=	(15.937 / (15.937 + 49.607))	/	(28.564 / (28.564 + 59.441))
	=	0.24315	/	0.324572
	=	0.7491

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)
	=	(215.837 / 19798.613)	/	(100.569 / 10194.364)
	=	0.010902	/	0.009865
	=	1.1051

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)
	=	((87.639 + 2698.22) / 3610.573)	/	((293.55 + 1044.363) / 2019.782)
	=	0.771584	/	0.662405
	=	1.1648

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
	=	(69.544 - 6.244	-	188.359)	/	3610.573
	=	-0.034637

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.

Gold.com has a M-score of -2.46 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 -2.34 mean?

Gold.com (STU:AND) has a Beneish M-Score of -2.34 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Gold.com and its competitors. According to the industry distribution chart, Gold.com ranks #292 out of 702 companies in the Capital Markets industry, placing it in the top 41.6%.

Is Gold.com's Beneish M-Score too high?

Gold.com's current Beneish M-Score is -2.34. Based on the distribution chart, Gold.com ranks #292 out of 702 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Gold.com has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Gold.com's Beneish M-Score compare to SBET and PWP?

According to the Capital Markets industry distribution chart, Gold.com ranks #292 out of 702 companies for Beneish M-Score. This puts Gold.com 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 Capital Markets company?

A good Beneish M-Score depends on the Capital Markets 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 Gold.com and its competitors. Gold.com's current Beneish M-Score is -2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Gold.com stock overvalued right now?

Based on GuruFocus' analysis, Gold.com (STU:AND) is currently considered Modestly Overvalued. The stock's GF Value™ is €29.76, compared to a current price of €37.05 — trading 24.5% above its estimated fair value. The current Beneish M-Score is -2.34. Gold.com's overall GF Score™ is 78/100 with 2 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 Gold.com (STU:AND), the current Beneish M-Score is -2.34 as of Jun. 24, 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 Gold.com (STU:AND) Overvalued in 2026?

Based on GuruFocus' analysis, Gold.com stock appears to be overvalued. The current stock price of €37.05 is trading 24.5% above its estimated GF Value™ of €29.76. GuruFocus considers Gold.com to be Modestly Overvalued.

Key valuation signals for STU:AND:

Beneish M-Score: -2.34
GF Value™: €29.76 vs. price of €37.05 (24.5% above fair value)
GF Score™: 78/100 with 2 warning signs

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

Gold.com Business Description

Industry Financial Services Capital Markets

Comparable Companies SBET PWP ABTC PURR OPY TIGR LCLN RHNO BTBT BTGO MS GS SCHW HOOD ASX:MQG SHSE:600030 BSP:BPAC3 SZSE:300059 IBKR SHSE:601211

Other Exchanges GOLD:USA

Address 1550 Scenic Avenuw, Suite 150, Costa Mesa, CA, USA, 90626

Website https://www.gold.com

Gold.com Inc is an integrated alternative assets platform that offers an extensive range of precious metals, numismatic coins, and collectibles to consumers, collectors, and institutional clients of various countries.

78GF Score

Get the complete analysis for STU:AND

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

€37.05

Price

€29.76

GF Value

View STU:AND Analysis

See Beneish M-Score data for all stocks →