BEACN Wizardry & Magic (TSXV:BECN) Beneish M-Score: 0.00 (As of Aug. 03, 2026)

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What is BEACN Wizardry & Magic Beneish M-Score?

BEACN Wizardry & Magic TSXV:BECN -37.50% Beneish M-Score is 0.00 as of Aug. 03, 2026. The stock has 4 warning signs investors should review. Among 2,400 Hardware companies, BEACN Wizardry & Magic ranks worse than 41666.63% 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 BEACN Wizardry & Magic's Beneish M-Score or its related term are showing as below:

During the past 6 years, the highest Beneish M-Score of BEACN Wizardry & Magic was -2.22. The lowest was -8.24. And the median was -3.80.

BEACN Wizardry & Magic Beneish M-Score Historical Data

* Premium members only.

The historical data trend for BEACN Wizardry & Magic'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.

BEACN Wizardry & Magic Beneish M-Score Chart

BEACN Wizardry & Magic Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 0.00 -3.33 -3.71 -7.35

BEACN Wizardry & Magic Quarterly Data
May21 Aug21 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 -8.24 -7.35 0.00

TSXV:BECN vs AAPL: Beneish M-Score Comparison

For the Consumer Electronics subindustry, BEACN Wizardry & Magic'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.

BEACN Wizardry & Magic Beneish M-Score vs Hardware Industry

For the Hardware industry and Technology sector, BEACN Wizardry & Magic's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where BEACN Wizardry & Magic's Beneish M-Score falls into.


BEACN Wizardry & Magic 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 BEACN Wizardry & Magic 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 C$0.09 Mil.
Revenue was 0.49 + 0.81 + 0.536 + 0.585 = C$2.42 Mil.
Gross Profit was 0.225 + 0.165 + 0.239 + 0.216 = C$0.85 Mil.
Total Current Assets was C$1.34 Mil.
Total Assets was C$1.60 Mil.
Property, Plant and Equipment(Net PPE) was C$0.27 Mil.
Depreciation, Depletion and Amortization(DDA) was C$0.13 Mil.
Selling, General, & Admin. Expense(SGA) was C$2.00 Mil.
Total Current Liabilities was C$1.67 Mil.
Long-Term Debt & Capital Lease Obligation was C$0.04 Mil.
Net Income was -0.423 + -0.516 + -0.452 + -0.458 = C$-1.85 Mil.
Non Operating Income was 0 + -0.038 + -0.028 + -0.002 = C$-0.07 Mil.
Cash Flow from Operations was -0.297 + -0.221 + -0.196 + -0.045 = C$-0.76 Mil.
 Total Receivables was C$0.28 Mil.
Revenue was 0.794 + 1.198 + 0.709 + 0.556 = C$3.26 Mil.
Gross Profit was 0.345 + 0.415 + 0.37 + 0.185 = C$1.32 Mil.
Total Current Assets was C$2.35 Mil.
Total Assets was C$2.59 Mil.
Property, Plant and Equipment(Net PPE) was C$0.24 Mil.
Depreciation, Depletion and Amortization(DDA) was C$0.12 Mil.
Selling, General, & Admin. Expense(SGA) was C$2.31 Mil.
Total Current Liabilities was C$0.68 Mil.
Long-Term Debt & Capital Lease Obligation was C$0.86 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)
=(0.09 / 2.421) / (0.278 / 3.257)
=0.037175 / 0.085355
=

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)
=(1.315 / 3.257) / (0.845 / 2.421)
=0.403746 / 0.349029
=

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 - (1.335 + 0.269) / 1.603) / (1 - (2.348 + 0.241) / 2.589)
=-0.000624 / 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
=2.421 / 3.257
=

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))
=(0.116 / (0.116 + 0.241)) / (0.129 / (0.129 + 0.269))
=0.32493 / 0.324121
=

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)
=(1.999 / 2.421) / (2.305 / 3.257)
=0.825692 / 0.707706
=

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)
=((0.039 + 1.666) / 1.603) / ((0.855 + 0.682) / 2.589)
=1.063631 / 0.593666
=

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
=(-1.849 - -0.068 - -0.759) / 1.603
=-0.637555

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?
BEACN Wizardry & Magic (TSXV:BECN) has a Beneish M-Score of 0.00 as of Aug. 03, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on BEACN Wizardry & Magic and its competitors. According to the industry distribution chart, BEACN Wizardry & Magic ranks #999999 out of 2400 companies in the Hardware industry.
Is BEACN Wizardry & Magic's Beneish M-Score too high?
BEACN Wizardry & Magic's current Beneish M-Score is 0.00. Based on the distribution chart, BEACN Wizardry & Magic ranks #999999 out of 2400 companies in the Hardware industry, which is in the bottom quartile relative to peers.
How does BEACN Wizardry & Magic's Beneish M-Score compare to AAPL?
According to the Hardware industry distribution chart, BEACN Wizardry & Magic ranks #999999 out of 2400 companies for Beneish M-Score. This places BEACN Wizardry & Magic 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 Hardware company?
A good Beneish M-Score depends on the Hardware 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 BEACN Wizardry & Magic and its competitors. BEACN Wizardry & Magic'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 BEACN Wizardry & Magic stock overvalued right now?
Based on GuruFocus' analysis, BEACN Wizardry & Magic (TSXV:BECN) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.04, compared to a current price of C$0.03 — trading 37.5% below its estimated fair value. The current Beneish M-Score is 0.00. 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 BEACN Wizardry & Magic (TSXV:BECN), the current Beneish M-Score is 0.00 as of Aug. 03, 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.

BEACN Wizardry & Magic Business Description

Address 204-1075 Pendergast Street, Victoria, BC, CAN, V8V 0A1
BEACN Wizardry & Magic Inc is a Victoria, BC based consumer electronics company, developing audio equipment, peripherals and technology for gamers, live streamers, and content creators. Its product ecosystem includes BEACN Mic, BEACN Mic stand, BEACN Studio, BEACN Mix, BEACN headset and BEACN Mix Create. It has one reportable segment which was audio related hardware products. The company generates revenue from the sale of audio related products. Geographically it operates in North America, and Others with majority of revenue generating from North America.