TURB (Turbo Energy) Beneish M-Score: -1.19 (As of Jun. 27, 2026)


TURB Turbo Energy SA TURB
8 GF Score
Price $1.57
! 4 Warning Signs
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What is Turbo Energy Beneish M-Score?

Turbo Energy TURB -0.65% 8 Beneish M-Score is -1.19 as of Jun. 27, 2026. GuruFocus rates TURB with a GF Score™ of 8/100. The stock has 4 warning signs investors should review. Among 987 Semiconductors companies, Turbo Energy ranks worse than 88.25% 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 -1.19 higher than -1.78, which implies that the company might have manipulated its financial results.

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

TURB' s Beneish M-Score Range Over the Past 10 Years
Min: -2.99   Med: -1.19   Max: -0.22
Current: -1.19

During the past 5 years, the highest Beneish M-Score of Turbo Energy was -0.22. The lowest was -2.99. And the median was -1.19.

Turbo Energy Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Turbo Energy'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.

Turbo Energy Beneish M-Score Chart

Turbo Energy Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
0.00 0.00 -0.22 -2.99 -1.19

Turbo Energy Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only -0.22 0.00 -2.99 0.00 -1.19

TURB vs FSLR, NXT, ENPH: Beneish M-Score Comparison

For the Solar subindustry, Turbo Energy'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.

Turbo Energy Beneish M-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Turbo Energy's Beneish M-Score distribution charts can be found below:

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


TURB
8GF Score
Turbo Energy SA TURB
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Turbo Energy 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 Turbo Energy 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 * 1.8203+0.528 * 0.1874+0.404 * 0.6033+0.892 * 2.3601+0.115 * 0.5001
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.4826+4.679 * 0.035196-0.327 * 1.1815
=-0.96

* 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 $14.27 Mil.
Revenue was $23.27 Mil.
Gross Profit was $4.43 Mil.
Total Current Assets was $23.18 Mil.
Total Assets was $28.58 Mil.
Property, Plant and Equipment(Net PPE) was $0.28 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.37 Mil.
Selling, General, & Admin. Expense(SGA) was $4.81 Mil.
Total Current Liabilities was $24.25 Mil.
Long-Term Debt & Capital Lease Obligation was $2.43 Mil.
Net Income was $-1.35 Mil.
Gross Profit was $-0.14 Mil.
Cash Flow from Operations was $-2.22 Mil.
 Total Receivables was $3.32 Mil.
Revenue was $9.86 Mil.
Gross Profit was $0.35 Mil.
Total Current Assets was $8.99 Mil.
Total Assets was $13.24 Mil.
Property, Plant and Equipment(Net PPE) was $0.32 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.13 Mil.
Selling, General, & Admin. Expense(SGA) was $4.22 Mil.
Total Current Liabilities was $9.65 Mil.
Long-Term Debt & Capital Lease Obligation was $0.82 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)
=(14.267 / 23.273) / (3.321 / 9.861)
=0.613028 / 0.336781
=1.8203

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)
=(0.352 / 9.861) / (4.432 / 23.273)
=0.035696 / 0.190435
=0.1874

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 - (23.184 + 0.276) / 28.583) / (1 - (8.985 + 0.324) / 13.243)
=0.179232 / 0.297063
=0.6033

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
=23.273 / 9.861
=2.3601

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))
=(0.129 / (0.129 + 0.324)) / (0.365 / (0.365 + 0.276))
=0.284768 / 0.569423
=0.5001

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)
=(4.81 / 23.273) / (4.223 / 9.861)
=0.206677 / 0.428253
=0.4826

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)
=((2.425 + 24.249) / 28.583) / ((0.815 + 9.645) / 13.243)
=0.933212 / 0.789851
=1.1815

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
=(-1.354 - -0.138 - -2.222) / 28.583
=0.035196

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.

Turbo Energy has a M-score of -0.96 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 -1.19 mean?
Turbo Energy (TURB) has a Beneish M-Score of -1.19 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Turbo Energy and its competitors. According to the industry distribution chart, Turbo Energy ranks #871 out of 987 companies in the Semiconductors industry, placing it in the top 88.2%.
Is Turbo Energy's Beneish M-Score too high?
Turbo Energy's current Beneish M-Score is -1.19. Based on the distribution chart, Turbo Energy ranks #871 out of 987 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Turbo Energy has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Turbo Energy's Beneish M-Score compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Turbo Energy ranks #871 out of 987 companies for Beneish M-Score. This places Turbo Energy 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 Semiconductors company?
A good Beneish M-Score depends on the Semiconductors 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 Turbo Energy and its competitors. Turbo Energy's current Beneish M-Score is -1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turbo Energy stock overvalued right now?
Turbo Energy (TURB) has a current Beneish M-Score of -1.19. The current Beneish M-Score is -1.19. Turbo Energy's overall GF Score™ is 8/100 with 4 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 Turbo Energy (TURB), the current Beneish M-Score is -1.19 as of Jun. 27, 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.

Turbo Energy Business Description

Other Exchanges X8WA:Germany
Address Plaza de America 2, 4AB, Valencia, ESP, 46004
Turbo Energy SA is an integrator of AI-driven energy storage and intelligent energy management solutions focused on transforming how energy is generated, stored, optimized, and consumed across residential, commercial, industrial, and utility-scale applications. It operates at the intersection of renewable energy infrastructure, energy storage, and software-driven optimization, combining battery systems, solar integration, and proprietary Artificial Intelligence (AI) technologies into unified intelligent energy platforms. Its solutions are designed to help customers reduce energy costs, improve operational resilience, increase energy independence, and optimize energy performance in increasingly decentralized and volatile energy markets. It generates the majority of its revenue from Spain.
8GF Score

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