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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 -1.13 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Uniti Group's Beneish M-Score or its related term are showing as below:
UNIT'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.5 Med: -2.55 Max: 10.95
Current: -1.13
During the past 13 years, the highest Beneish M-Score of Uniti Group was 10.95. The lowest was -3.50. And the median was -2.55.
Uniti Group Beneish M-Score Related Terms
Uniti Group Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Uniti Group'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.
UNIT vs BXDC, EPR, FPI: Beneish M-Score Comparison
For the REIT - Specialty subindustry, Uniti Group'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.
Uniti Group Beneish M-Score vs REITs Industry
For the REITs industry and Real Estate sector, Uniti Group's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Uniti Group'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 Uniti Group 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 * 0.814
+
0.528 * 1.436
+
0.404 * 1.6822
+
0.892 * 2.4933
+
0.115 * 0.7418
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.8748
+
4.679 * -0.053872
-
0.327 * 0.6466
=
-1.13
* 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))
=
(317.115 / (317.115 + 4408.769))
/
(876.7 / (876.7 + 8814.8))
=
0.067102
/
0.090461
=
0.7418
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
=
(1222.171 - 1326.011
-
602.5)
/
13111.4
=
-0.053872
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.
Uniti Group has a M-score of -1.13 signals that the company is likely to be a manipulator.
Uniti Group (UNIT) has a Beneish M-Score of -1.13 as of Jul. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Uniti Group and its competitors. According to the industry distribution chart, Uniti Group ranks #681 out of 754 companies in the REITs industry, placing it in the top 90.3%.
Is Uniti Group's Beneish M-Score too high?
Uniti Group's current Beneish M-Score is -1.13. Based on the distribution chart, Uniti Group ranks #681 out of 754 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Uniti Group has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Uniti Group's Beneish M-Score compare to BXDC and EPR?
According to the REITs industry distribution chart, Uniti Group ranks #681 out of 754 companies for Beneish M-Score. This places Uniti Group 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 REITs company?
A good Beneish M-Score depends on the REITs 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 Uniti Group and its competitors. Uniti Group's current Beneish M-Score is -1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Uniti Group stock overvalued right now?
Based on GuruFocus' analysis, Uniti Group (UNIT) is currently considered Fairly Valued. The stock's GF Value™ is $11.29, compared to a current price of $10.83 — trading 4.1% below its estimated fair value. The current Beneish M-Score is -1.13. Uniti Group's overall GF Score™ is 82/100 with 8 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 Uniti Group (UNIT), the current Beneish M-Score is -1.13 as of Jul. 25, 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 Uniti Group (UNIT) Overvalued in 2026?
Based on GuruFocus' analysis, Uniti Group stock appears to be undervalued.
The current stock price of $10.83 is trading 4.1% below its estimated GF Value™ of $11.29.
GuruFocus considers Uniti Group to be Fairly Valued.
Key valuation signals for UNIT:
Beneish M-Score: -1.13
GF Value™: $11.29 vs. price of $10.83 (4.1% below fair value)
No single metric tells the full story. See the UNIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Uniti is the product of the August 2025 merger of the firm with Windstream, its former primary customer. The combined firm owns a 240,000 route-mile fiber network that serves enterprise and residential customers. Selling high-capacity fiber circuits to enterprises generates about 20% of consolidated revenue. Uniti's residential networks reach about 4.5 million households, mostly in less-populated markets in the Southeast, but only about 1.9 million of these locations have been upgraded with fiber. Legacy copper-cable networks serve the remainder. Residential services account for about a third of total revenue. Small business and wholesale services provided within this residential service territory account for about 20% of revenue.
82GF Score
Get the complete analysis for UNIT
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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