TekcapitalTEKCF -18.61% Beneish M-Score is -1.68 as of Jul. 01, 2026. The stock has 3 warning signs investors should review. Among 951 Asset Management companies, Tekcapital ranks worse than 68.35% 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.
Warning Sign:
Beneish M-Score -1.68 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Tekcapital's Beneish M-Score or its related term are showing as below:
TEKCF'
s Beneish M-Score Range Over the Past 10 Years
Min: -2 Med: -0.2 Max: 13.06
Current: -1.68
During the past 12 years, the highest Beneish M-Score of Tekcapital was 13.06. The lowest was -2.00. And the median was -0.20.
Tekcapital Beneish M-Score Related Terms
Tekcapital Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Tekcapital'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.
For the Asset Management subindustry, Tekcapital'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.
Tekcapital Beneish M-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Tekcapital's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Tekcapital's Beneish M-Score falls into.
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 Tekcapital 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 * 3.0052
+
0.528 * 2.8751
+
0.404 * 0.9896
+
0.892 * 0.6549
+
0.115 * 2.2857
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 2.7339
+
4.679 * -0.267485
-
0.327 * 1.9465
=
-1.67
* 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.
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.
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))
=
(0.042 / (0.042 + 0.007))
/
(0.003 / (0.003 + 0.005))
=
0.857143
/
0.375
=
2.2857
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
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
=
(-17.08 - 0
-
-2.111)
/
55.962
=
-0.267485
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.
Tekcapital has a M-score of -1.67 signals that the company is likely to be a manipulator.
Tekcapital (TEKCF) has a Beneish M-Score of -1.68 as of Jul. 01, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Tekcapital and its competitors. According to the industry distribution chart, Tekcapital ranks #650 out of 951 companies in the Asset Management industry, placing it in the top 68.3%.
Is Tekcapital's Beneish M-Score too high?
Tekcapital's current Beneish M-Score is -1.68. Based on the distribution chart, Tekcapital ranks #650 out of 951 companies in the Asset Management industry, which is below the industry midpoint.
How does Tekcapital's Beneish M-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Tekcapital ranks #650 out of 951 companies for Beneish M-Score. This places Tekcapital 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 an Asset Management company?
A good Beneish M-Score depends on the Asset Management 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 Tekcapital and its competitors. Tekcapital's current Beneish M-Score is -1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tekcapital stock overvalued right now?
Based on GuruFocus' analysis, Tekcapital (TEKCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.05, compared to a current price of $0.07 — trading 32.4% above its estimated fair value. The current Beneish M-Score is -1.68. 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 Tekcapital (TEKCF), the current Beneish M-Score is -1.68 as of Jul. 01, 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.
Tekcapital PLC is an intellectual property investment company. The company provides universities and corporate clients with technology transfer services. It acquires and commercializes university technologies and helps companies and research institutions discover new technologies and commercialize their intellectual property portfolios. The company's reportable operating segments are Professional Services and Licensing and Investment Activities. The professional services segment includes the management services provided to its portfolio companies, and the licensing and investment activities segment includes acquiring licences for technologies, portfolio company investment, development, and commercialization. Geographically, it operates in the United States and the United Kingdom.
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