Hampton Financial (TSXV:HFC) Beneish M-Score: -2.23 (As of Jul. 14, 2026)

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TSXV:HFC Hampton Financial Corp TSXV:HFC
33 GF Score
Price C$0.32
GF Value C$0.35
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Hampton Financial Beneish M-Score?

Hampton Financial TSXV:HFC -4.48% 33 Beneish M-Score is -2.23 as of Jul. 14, 2026. GuruFocus rates TSXV:HFC with a GF Score™ of 33/100 and a GF Value™ of C$0.35 (Fairly Valued). The stock has 6 warning signs investors should review. Among 704 Capital Markets companies, Hampton Financial ranks better than 52.84% 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 -2.23 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

TSXV:HFC' s Beneish M-Score Range Over the Past 10 Years
Min: -3.95   Med: -2.22   Max: 36.21
Current: -2.23

During the past 11 years, the highest Beneish M-Score of Hampton Financial was 36.21. The lowest was -3.95. And the median was -2.22.


Hampton Financial Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Hampton Financial'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.

Hampton Financial Beneish M-Score Chart

Hampton Financial Annual Data
Trend Jun16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.58 -3.08 -2.46 -0.11 -3.42

Hampton Financial Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -2.04 -3.79 -3.42 -2.59 -2.23

TSXV:HFC vs MS, GS, SCHW: Beneish M-Score Comparison

For the Capital Markets subindustry, Hampton Financial'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.


Hampton Financial Beneish M-Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hampton Financial's Beneish M-Score distribution charts can be found below:

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


TSXV:HFC
33GF Score
Hampton Financial Corp TSXV:HFC
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hampton Financial 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 Hampton Financial 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 * 0.9452+0.528 * 1.0603+0.404 * 0.9631+0.892 * 0.901+0.115 * 2.3445
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.3974+4.679 * 0.059062-0.327 * 0.9687
=-2.23

* 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 (Feb26) TTM:Last Year (Feb25) TTM:
Total Receivables was C$5.21 Mil.
Revenue was 3.919 + 2.331 + 2.559 + 1.735 = C$10.54 Mil.
Gross Profit was 1.53 + 0.808 + 1.134 + 0.341 = C$3.81 Mil.
Total Current Assets was C$10.61 Mil.
Total Assets was C$26.92 Mil.
Property, Plant and Equipment(Net PPE) was C$0.91 Mil.
Depreciation, Depletion and Amortization(DDA) was C$0.21 Mil.
Selling, General, & Admin. Expense(SGA) was C$4.97 Mil.
Total Current Liabilities was C$5.05 Mil.
Long-Term Debt & Capital Lease Obligation was C$16.56 Mil.
Net Income was -0.251 + -1.048 + -0.9 + -1.201 = C$-3.40 Mil.
Non Operating Income was 0.05 + 0.066 + 0.033 + 0.003 = C$0.15 Mil.
Cash Flow from Operations was 3.207 + -1.937 + -4.719 + -1.693 = C$-5.14 Mil.
Total Receivables was C$6.12 Mil.
Revenue was 2.767 + 3.022 + 3.13 + 2.783 = C$11.70 Mil.
Gross Profit was 1.099 + 1.128 + 1.248 + 1.012 = C$4.49 Mil.
Total Current Assets was C$9.65 Mil.
Total Assets was C$26.27 Mil.
Property, Plant and Equipment(Net PPE) was C$1.02 Mil.
Depreciation, Depletion and Amortization(DDA) was C$0.80 Mil.
Selling, General, & Admin. Expense(SGA) was C$3.94 Mil.
Total Current Liabilities was C$5.27 Mil.
Long-Term Debt & Capital Lease Obligation was C$16.50 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)
=(5.214 / 10.544) / (6.122 / 11.702)
=0.494499 / 0.523158
=0.9452

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)
=(4.487 / 11.702) / (3.813 / 10.544)
=0.383439 / 0.361627
=1.0603

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 - (10.613 + 0.909) / 26.921) / (1 - (9.652 + 1.015) / 26.267)
=0.572007 / 0.593901
=0.9631

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
=10.544 / 11.702
=0.901

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))
=(0.803 / (0.803 + 1.015)) / (0.211 / (0.211 + 0.909))
=0.441694 / 0.188393
=2.3445

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)
=(4.966 / 10.544) / (3.944 / 11.702)
=0.470979 / 0.337036
=1.3974

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)
=((16.558 + 5.053) / 26.921) / ((16.499 + 5.269) / 26.267)
=0.802756 / 0.82872
=0.9687

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
=(-3.4 - 0.152 - -5.142) / 26.921
=0.059062

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.

Hampton Financial has a M-score of -2.23 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 -2.23 mean?
Hampton Financial (TSXV:HFC) has a Beneish M-Score of -2.23 as of Jul. 14, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Hampton Financial and its competitors. According to the industry distribution chart, Hampton Financial ranks #332 out of 704 companies in the Capital Markets industry, placing it in the top 47.2%.
Is Hampton Financial's Beneish M-Score too high?
Hampton Financial's current Beneish M-Score is -2.23. Based on the distribution chart, Hampton Financial ranks #332 out of 704 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Hampton Financial has a GF Score™ of 33/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hampton Financial's Beneish M-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Hampton Financial ranks #332 out of 704 companies for Beneish M-Score. This puts Hampton Financial in the upper 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 Capital Markets company?
A good Beneish M-Score depends on the Capital Markets 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 Hampton Financial and its competitors. Hampton Financial's current Beneish M-Score is -2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hampton Financial stock overvalued right now?
Based on GuruFocus' analysis, Hampton Financial (TSXV:HFC) is currently considered Fairly Valued. The stock's GF Value™ is C$0.35, compared to a current price of C$0.32 — trading 8.6% below its estimated fair value. The current Beneish M-Score is -2.23. Hampton Financial's overall GF Score™ is 33/100 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 Hampton Financial (TSXV:HFC), the current Beneish M-Score is -2.23 as of Jul. 14, 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 Hampton Financial (TSXV:HFC) Overvalued in 2026?

Based on GuruFocus' analysis, Hampton Financial stock appears to be undervalued. The current stock price of C$0.32 is trading 8.6% below its estimated GF Value™ of C$0.35. GuruFocus considers Hampton Financial to be Fairly Valued.

Key valuation signals for TSXV:HFC:

  • Beneish M-Score: -2.23
  • GF Value™: C$0.35 vs. price of C$0.32 (8.6% below fair value)
  • GF Score™: 33/100 with 6 warning signs

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


Hampton Financial Business Description

Address 141 Adelaide Street West, Suite 1800, Toronto, ON, CAN, M5H 3L5
Hampton Financial Corp is a holding company. Through its subsidiary, the company operates as a registered investment dealer, providing investment advisory and brokerage services. It is engaged in family office, wealth management, institutional services, and capital markets activities. Additionally, the company provides investment banking services, which include assisting companies with raising capital, advising on mergers and acquisitions, and aiding issuers in obtaining a listing on a recognized securities exchange in Canada. The company operates in two business segments: i) Investment advisory and brokerage services, ii) Commercial factoring business. The majority of revenue is derived from Investment advisory and brokerage services.
33GF Score

Get the complete analysis for TSXV:HFC

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

C$0.32
Price
C$0.35
GF Value