MegaWatt Lithium and Battery Metals (STU:WR20) Beneish M-Score: 0.00 (As of Jun. 24, 2026)


STU:WR20 MegaWatt Lithium and Battery Metals Corp STU:WR20
21 GF Score
Price €0.11
! 2 Warning Signs
View Full Analysis

What is MegaWatt Lithium and Battery Metals Beneish M-Score?

MegaWatt Lithium and Battery Metals STU:WR20 21 Beneish M-Score is 0.00 as of Jun. 24, 2026. GuruFocus rates STU:WR20 with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 685 Metals & Mining companies, MegaWatt Lithium and Battery Metals ranks worse than 145985.26% 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 MegaWatt Lithium and Battery Metals's Beneish M-Score or its related term are showing as below:

During the past 8 years, the highest Beneish M-Score of MegaWatt Lithium and Battery Metals was 0.00. The lowest was 0.00. And the median was 0.00.


MegaWatt Lithium and Battery Metals Beneish M-Score Historical Data

* Premium members only.

The historical data trend for MegaWatt Lithium and Battery Metals'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.

MegaWatt Lithium and Battery Metals Beneish M-Score Chart

MegaWatt Lithium and Battery Metals Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Beneish M-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

MegaWatt Lithium and Battery Metals 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 0.00 0.00 0.00 0.00 0.00

MegaWatt Lithium and Battery Metals Beneish M-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, MegaWatt Lithium and Battery Metals'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.


MegaWatt Lithium and Battery Metals Beneish M-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MegaWatt Lithium and Battery Metals's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where MegaWatt Lithium and Battery Metals's Beneish M-Score falls into.


STU:WR20
21GF Score
MegaWatt Lithium and Battery Metals Corp STU:WR20
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MegaWatt Lithium and Battery Metals 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 MegaWatt Lithium and Battery Metals 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 €0.00 Mil.
Revenue was 0 + 0 + 0 + 0 = €0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = €0.00 Mil.
Total Current Assets was €0.02 Mil.
Total Assets was €0.78 Mil.
Property, Plant and Equipment(Net PPE) was €0.75 Mil.
Depreciation, Depletion and Amortization(DDA) was €0.00 Mil.
Selling, General, & Admin. Expense(SGA) was €0.19 Mil.
Total Current Liabilities was €1.03 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Net Income was 0.009 + -0.066 + -0.03 + -1.919 = €-2.01 Mil.
Non Operating Income was 0.083 + -0.003 + 0.044 + -1.883 = €-1.76 Mil.
Cash Flow from Operations was -0.035 + 0 + -0.024 + 0.009 = €-0.05 Mil.
Total Receivables was €0.02 Mil.
Revenue was 0 + 0 + 0 + 0 = €0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = €0.00 Mil.
Total Current Assets was €0.03 Mil.
Total Assets was €2.68 Mil.
Property, Plant and Equipment(Net PPE) was €2.65 Mil.
Depreciation, Depletion and Amortization(DDA) was €0.00 Mil.
Selling, General, & Admin. Expense(SGA) was €0.40 Mil.
Total Current Liabilities was €0.91 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 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)
=(0.004 / 0) / (0.017 / 0)
= /
=

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 / 0) / (0 / 0)
= /
=

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 - (0.022 + 0.753) / 0.775) / (1 - (0.032 + 2.651) / 2.683)
=0 / 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 / 0
=

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 / (0 + 2.651)) / (0 / (0 + 0.753))
=0 / 0
=

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)
=(0.189 / 0) / (0.403 / 0)
= /
=

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 + 1.033) / 0.775) / ((0 + 0.907) / 2.683)
=1.332903 / 0.338054
=

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
=(-2.006 - -1.759 - -0.05) / 0.775
=-0.254194

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?
MegaWatt Lithium and Battery Metals (STU:WR20) has a Beneish M-Score of 0.00 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on MegaWatt Lithium and Battery Metals and its competitors. According to the industry distribution chart, MegaWatt Lithium and Battery Metals ranks #999999 out of 685 companies in the Metals & Mining industry.
Is MegaWatt Lithium and Battery Metals' Beneish M-Score too high?
MegaWatt Lithium and Battery Metals' current Beneish M-Score is 0.00. Based on the distribution chart, MegaWatt Lithium and Battery Metals ranks #999999 out of 685 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, MegaWatt Lithium and Battery Metals has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does MegaWatt Lithium and Battery Metals' Beneish M-Score compare to competitors?
According to the Metals & Mining industry distribution chart, MegaWatt Lithium and Battery Metals ranks #999999 out of 685 companies for Beneish M-Score. This places MegaWatt Lithium and Battery Metals 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 Metals & Mining company?
A good Beneish M-Score depends on the Metals & Mining 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 MegaWatt Lithium and Battery Metals and its competitors. MegaWatt Lithium and Battery Metals'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 MegaWatt Lithium and Battery Metals stock overvalued right now?
MegaWatt Lithium and Battery Metals (STU:WR20) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. MegaWatt Lithium and Battery Metals' overall GF Score™ is 21/100 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 MegaWatt Lithium and Battery Metals (STU:WR20), the current Beneish M-Score is 0.00 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.

MegaWatt Lithium and Battery Metals Business Description

Address 1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7
MegaWatt Lithium and Battery Metals Corp is involved in the acquisition and exploration of mineral properties in Canada. Its projects include Arctic Fox, Benedict Mountains Uranium Project, Cobalt Hill, Isbjorn Project, Mitsumis Lithium, Route 381 Lithium, and Tyr Silver.
21GF Score

Get the complete analysis for STU:WR20

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

€0.11
Price