Precipio (STU:TGK) Beneish M-Score: -1.91 (As of Jul. 15, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:TGK Precipio Inc STU:TGK
51 GF Score
Price €4.96
GF Value €2.26
! 2 Warning Signs
View Full Analysis

What is Precipio Beneish M-Score?

Precipio STU:TGK 51 Beneish M-Score is -1.91 as of Jul. 15, 2026. GuruFocus rates STU:TGK with a GF Score™ of 51/100 and a GF Value™ of €2.26. The stock has 2 warning signs investors should review. Among 194 Medical Diagnostics & Research companies, Precipio ranks worse than 79.38% 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 -1.91 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

STU:TGK' s Beneish M-Score Range Over the Past 10 Years
Min: -16.17   Med: -2.98   Max: 30.26
Current: -1.91

During the past 13 years, the highest Beneish M-Score of Precipio was 30.26. The lowest was -16.17. And the median was -2.98.


Precipio Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Precipio'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.

Precipio Beneish M-Score Chart

Precipio 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 -3.10 -3.17 -3.28 -4.20 -1.91

Precipio 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 -3.69 -3.21 0.00 -1.91 0.00

STU:TGK vs QUCY, IDXG, BIOQ: Beneish M-Score Comparison

For the Diagnostics & Research subindustry, Precipio'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.


Precipio Beneish M-Score vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Precipio's Beneish M-Score distribution charts can be found below:

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


STU:TGK
51GF Score
Precipio Inc STU:TGK
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Precipio 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 Precipio 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 * 1.9132+0.528 * 0.9163+0.404 * 0.7353+0.892 * 1.1605+0.115 * 1.66
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.091953-0.327 * 1.0986
=-2.03

* 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was €1.69 Mil.
Revenue was €20.54 Mil.
Gross Profit was €9.14 Mil.
Total Current Assets was €5.16 Mil.
Total Assets was €18.21 Mil.
Property, Plant and Equipment(Net PPE) was €3.67 Mil.
Depreciation, Depletion and Amortization(DDA) was €1.50 Mil.
Selling, General, & Admin. Expense(SGA) was €0.00 Mil.
Total Current Liabilities was €3.20 Mil.
Long-Term Debt & Capital Lease Obligation was €2.57 Mil.
Net Income was €-0.31 Mil.
Gross Profit was €0.78 Mil.
Cash Flow from Operations was €0.59 Mil.
Total Receivables was €0.76 Mil.
Revenue was €17.70 Mil.
Gross Profit was €7.22 Mil.
Total Current Assets was €3.30 Mil.
Total Assets was €16.23 Mil.
Property, Plant and Equipment(Net PPE) was €1.56 Mil.
Depreciation, Depletion and Amortization(DDA) was €1.45 Mil.
Selling, General, & Admin. Expense(SGA) was €0.00 Mil.
Total Current Liabilities was €4.08 Mil.
Long-Term Debt & Capital Lease Obligation was €0.60 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)
=(1.694 / 20.538) / (0.763 / 17.698)
=0.082481 / 0.043112
=1.9132

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)
=(7.219 / 17.698) / (9.143 / 20.538)
=0.407899 / 0.445175
=0.9163

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 - (5.157 + 3.665) / 18.205) / (1 - (3.296 + 1.558) / 16.231)
=0.515408 / 0.700943
=0.7353

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
=20.538 / 17.698
=1.1605

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))
=(1.445 / (1.445 + 1.558)) / (1.496 / (1.496 + 3.665))
=0.481185 / 0.289866
=1.66

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)
=(0 / 20.538) / (0 / 17.698)
=0 / 0
=1

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)
=((2.565 + 3.204) / 18.205) / ((0.603 + 4.079) / 16.231)
=0.316891 / 0.28846
=1.0986

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
=(-0.31 - 0.779 - 0.585) / 18.205
=-0.091953

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.

Precipio has a M-score of -2.03 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 -1.91 mean?
Precipio (STU:TGK) has a Beneish M-Score of -1.91 as of Jul. 15, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Precipio and its competitors. According to the industry distribution chart, Precipio ranks #154 out of 194 companies in the Medical Diagnostics & Research industry, placing it in the top 79.4%.
Is Precipio's Beneish M-Score too high?
Precipio's current Beneish M-Score is -1.91. Based on the distribution chart, Precipio ranks #154 out of 194 companies in the Medical Diagnostics & Research industry, which is in the bottom quartile relative to peers. Overall, Precipio has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Precipio's Beneish M-Score compare to QUCY and IDXG?
According to the Medical Diagnostics & Research industry distribution chart, Precipio ranks #154 out of 194 companies for Beneish M-Score. This places Precipio 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 a Medical Diagnostics & Research company?
A good Beneish M-Score depends on the Medical Diagnostics & Research 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 Precipio and its competitors. Precipio's current Beneish M-Score is -1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precipio stock overvalued right now?
Precipio (STU:TGK) has a current Beneish M-Score of -1.91. The stock's GF Value™ is €2.26, compared to a current price of €4.96 — trading 119.5% above its estimated fair value. The current Beneish M-Score is -1.91. Precipio's overall GF Score™ is 51/100 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 Precipio (STU:TGK), the current Beneish M-Score is -1.91 as of Jul. 15, 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 Precipio (STU:TGK) Overvalued in 2026?

Based on GuruFocus' analysis, Precipio stock appears to be overvalued. The current stock price of €4.96 is trading 119.5% above its estimated GF Value™ of €2.26.

Key valuation signals for STU:TGK:

  • Beneish M-Score: -1.91
  • GF Value™: €2.26 vs. price of €4.96 (119.5% above fair value)
  • GF Score™: 51/100 with 2 warning signs

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


Precipio Business Description

Other Exchanges PRPO:USA
Address 4 Science Park, 3rd Floor, New Haven, CT, USA, 06511
Precipio Inc is a healthcare biotechnology company focused on cancer diagnostics. Its objective is to enhance diagnostic accuracy & accessibility while building a sustainable business model that supports ongoing innovation. The company operates Clinical Laboratory Improvement Amendments laboratories in both New Haven, Connecticut, & Omaha, Nebraska, providing essential blood cancer diagnostics to office-based oncologists in many states nationwide. The company operates in a single segment, which includes two divisions: the Pathology Services Division & the Products Division. The Pathology Services provides specialized cancer diagnostic testing services. The pathology services division specializes in diagnostic testing focused mainly on hematologic cancers.
51GF Score

Get the complete analysis for STU:TGK

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

€4.96
Price
€2.26
GF Value