Service Properties Trust (STU:HPO0) Beneish M-Score: -3.31 (As of Jul. 28, 2026)

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STU:HPO0 Service Properties Trust STU:HPO0
61 GF Score
Price €7.60
GF Value €11.96
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Service Properties Trust Beneish M-Score?

Service Properties Trust STU:HPO0 61 Beneish M-Score is -3.31 as of Jul. 28, 2026. GuruFocus rates STU:HPO0 with a GF Score™ of 61/100 and a GF Value™ of €11.96 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 749 REITs companies, Service Properties Trust ranks better than 93.59% 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 -3.31 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

STU:HPO0' s Beneish M-Score Range Over the Past 10 Years
Min: -3.63   Med: -2.74   Max: -2.4
Current: -3.31

During the past 13 years, the highest Beneish M-Score of Service Properties Trust was -2.40. The lowest was -3.63. And the median was -2.74.


Service Properties Trust Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Service Properties Trust'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.

Service Properties Trust Beneish M-Score Chart

Service Properties Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.64 -2.80 -3.63 -3.02 -3.62

Service Properties Trust 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 -2.82 -2.72 -3.08 -3.62 -3.31

STU:HPO0 vs INN, CLDT, RLJ: Beneish M-Score Comparison

For the REIT - Hotel & Motel subindustry, Service Properties Trust'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.


Service Properties Trust Beneish M-Score vs REITs Industry

For the REITs industry and Real Estate sector, Service Properties Trust's Beneish M-Score distribution charts can be found below:

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


STU:HPO0
61GF Score
Service Properties Trust STU:HPO0
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Service Properties Trust 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 Service Properties Trust 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 * 0.3956+0.528 * 0.9902+0.404 * 1.1411+0.892 * 0.8529+0.115 * 1
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.1048+4.679 * -0.047666-0.327 * 1.027
=-3.37

* 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 €6 Mil.
Revenue was 315.25 + 339.425 + 407.912 + 436.479 = €1,499 Mil.
Gross Profit was 98.927 + 109.934 + 123.69 + 146.596 = €479 Mil.
Total Current Assets was €106 Mil.
Total Assets was €5,261 Mil.
Property, Plant and Equipment(Net PPE) was €0 Mil.
Depreciation, Depletion and Amortization(DDA) was €259 Mil.
Selling, General, & Admin. Expense(SGA) was €34 Mil.
Total Current Liabilities was €433 Mil.
Long-Term Debt & Capital Lease Obligation was €4,400 Mil.
Net Income was -130.769 + -0.668 + -39.997 + -33.084 = €-205 Mil.
Non Operating Income was -70.169 + 38.724 + -4.28 + -16.607 = €-52 Mil.
Cash Flow from Operations was 30.775 + -15.796 + 83.591 + -0.006 = €99 Mil.
Total Receivables was €18 Mil.
Revenue was 402.541 + 436.014 + 442.545 + 476.529 = €1,758 Mil.
Gross Profit was 114.433 + 132.677 + 142.218 + 166.981 = €556 Mil.
Total Current Assets was €912 Mil.
Total Assets was €6,453 Mil.
Property, Plant and Equipment(Net PPE) was €0 Mil.
Depreciation, Depletion and Amortization(DDA) was €341 Mil.
Selling, General, & Admin. Expense(SGA) was €36 Mil.
Total Current Liabilities was €536 Mil.
Long-Term Debt & Capital Lease Obligation was €5,238 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)
=(6.214 / 1499.066) / (18.415 / 1757.629)
=0.004145 / 0.010477
=0.3956

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)
=(556.309 / 1757.629) / (479.147 / 1499.066)
=0.316511 / 0.31963
=0.9902

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 - (105.551 + 0) / 5260.606) / (1 - (911.556 + 0) / 6452.873)
=0.979936 / 0.858736
=1.1411

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
=1499.066 / 1757.629
=0.8529

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))
=(341.262 / (341.262 + 0)) / (259.318 / (259.318 + 0))
=1 / 1
=1

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)
=(34.289 / 1499.066) / (36.391 / 1757.629)
=0.022874 / 0.020705
=1.1048

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)
=((4400.055 + 433.469) / 5260.606) / ((5237.722 + 535.671) / 6452.873)
=0.918815 / 0.894701
=1.027

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
=(-204.518 - -52.332 - 98.564) / 5260.606
=-0.047666

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.

Service Properties Trust has a M-score of -3.37 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 -3.31 mean?
Service Properties Trust (STU:HPO0) has a Beneish M-Score of -3.31 as of Jul. 28, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Service Properties Trust and its competitors. According to the industry distribution chart, Service Properties Trust ranks #48 out of 749 companies in the REITs industry, placing it in the top 6.4%.
Is Service Properties Trust's Beneish M-Score too high?
Service Properties Trust's current Beneish M-Score is -3.31. Based on the distribution chart, Service Properties Trust ranks #48 out of 749 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Service Properties Trust has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Service Properties Trust's Beneish M-Score compare to INN and CLDT?
According to the REITs industry distribution chart, Service Properties Trust ranks #48 out of 749 companies for Beneish M-Score. This places Service Properties Trust in the top 6% of its industry — outperforming the majority of peers. 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 REITs company?
A good Beneish M-Score depends on the REITs 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 Service Properties Trust and its competitors. Service Properties Trust's current Beneish M-Score is -3.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Service Properties Trust stock overvalued right now?
Based on GuruFocus' analysis, Service Properties Trust (STU:HPO0) is currently considered Possible Value Trap. The stock's GF Value™ is €11.96, compared to a current price of €7.60 — trading 36.5% below its estimated fair value. The current Beneish M-Score is -3.31. Service Properties Trust's overall GF Score™ is 61/100 with 6 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 Service Properties Trust (STU:HPO0), the current Beneish M-Score is -3.31 as of Jul. 28, 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 Service Properties Trust (STU:HPO0) Overvalued in 2026?

Based on GuruFocus' analysis, Service Properties Trust stock appears to be undervalued. The current stock price of €7.60 is trading 36.5% below its estimated GF Value™ of €11.96. GuruFocus considers Service Properties Trust to be Possible Value Trap.

Key valuation signals for STU:HPO0:

  • Beneish M-Score: -3.31
  • GF Value™: €11.96 vs. price of €7.60 (36.5% below fair value)
  • GF Score™: 61/100 with 6 warning signs

No single metric tells the full story. See the STU:HPO0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Service Properties Trust Business Description

Industry Real EstateREITs
Other Exchanges SVC:USA
Address 255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634
Service Properties Trust is a real estate investment trust that owns hotel properties. These properties are located in the United States, along with Canada and Puerto Rico. The company operates through its segments hotel investment unit, and net lease investments. The firm derives the majority of its revenue from the hotel real estate investments unit. The hotels are distinguished between their service levels, which include full service, select service, and extended stay; and chain scale, which includes luxury, upper upscale, upscale, upper midscale, and midscale. The hotels are extended stay or upscale. Some of the hotel brands include Courtyard by Marriott, Royal Sonesta, Crowne Plaza, Hyatt Place, and others.
61GF Score

Get the complete analysis for STU:HPO0

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

€7.60
Price
€11.96
GF Value