VLOS (Velos Acquisition I) Beneish M-Score: 0.00 (As of Jul. 24, 2026)

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VLOS Velos Acquisition I Corp VLOS
17 GF Score
Price $10.90
! 1 Warning Sign
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What is Velos Acquisition I Beneish M-Score?

Velos Acquisition I VLOS +1.87% 17 Beneish M-Score is 0.00 as of Jul. 24, 2026. GuruFocus rates VLOS with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 85 Diversified Financial Services companies, Velos Acquisition I ranks worse than 1176469.41% 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 Velos Acquisition I's Beneish M-Score or its related term are showing as below:

During the past 2 years, the highest Beneish M-Score of Velos Acquisition I was 0.00. The lowest was 0.00. And the median was 0.00.

Velos Acquisition I Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Velos Acquisition I'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.

Velos Acquisition I Beneish M-Score Chart

Velos Acquisition I Annual Data
Trend Dec24 Dec25
Beneish M-Score
0.00 0.00

Velos Acquisition I Quarterly Data
Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

VLOS vs ZKP, ALF, GPAT: Beneish M-Score Comparison

For the Shell Companies subindustry, Velos Acquisition I'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.

Velos Acquisition I Beneish M-Score vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Velos Acquisition I's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Velos Acquisition I's Beneish M-Score falls into.


VLOS
17GF Score
Velos Acquisition I Corp VLOS
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Velos Acquisition I 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 Velos Acquisition I 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 $0.00 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was 0 + 0 + -0.766 + -0.046 = $-0.81 Mil.
Total Current Assets was $1.02 Mil.
Total Assets was $310.60 Mil.
Property, Plant and Equipment(Net PPE) was $0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.00 Mil.
Selling, General, & Admin. Expense(SGA) was $7.30 Mil.
Total Current Liabilities was $8.00 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Net Income was 1.713 + 1.173 + -0.491 + 2.184 = $4.58 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = $0.00 Mil.
Cash Flow from Operations was -1.399 + -1.008 + -0.367 + -0.088 = $-2.86 Mil.
 Total Receivables was $0.00 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = $0.00 Mil.
Total Current Assets was $1.09 Mil.
Total Assets was $298.86 Mil.
Property, Plant and Equipment(Net PPE) was $0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.00 Mil.
Selling, General, & Admin. Expense(SGA) was $0.61 Mil.
Total Current Liabilities was $0.86 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 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)
=(0.001 / 0) / (0 / 0)
= /
=

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 / 0) / (-0.812 / 0)
= /
=

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 - (1.016 + 0) / 310.595) / (1 - (1.086 + 0) / 298.858)
=0.996729 / 0.996366
=

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
=0 / 0
=

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 / (0 + 0)) / (0 / (0 + 0))
= /
=

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)
=(7.298 / 0) / (0.61 / 0)
= /
=

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 + 7.997) / 310.595) / ((0 + 0.863) / 298.858)
=0.025747 / 0.002888
=

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
=(4.579 - 0 - -2.862) / 310.595
=0.023957

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?
Velos Acquisition I (VLOS) has a Beneish M-Score of 0.00 as of Jul. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Velos Acquisition I and its competitors. According to the industry distribution chart, Velos Acquisition I ranks #999999 out of 85 companies in the Diversified Financial Services industry.
Is Velos Acquisition I's Beneish M-Score too high?
Velos Acquisition I's current Beneish M-Score is 0.00. Based on the distribution chart, Velos Acquisition I ranks #999999 out of 85 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Velos Acquisition I has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Velos Acquisition I's Beneish M-Score compare to ZKP and ALF?
According to the Diversified Financial Services industry distribution chart, Velos Acquisition I ranks #999999 out of 85 companies for Beneish M-Score. This places Velos Acquisition I 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 Diversified Financial Services company?
A good Beneish M-Score depends on the Diversified Financial Services 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 Velos Acquisition I and its competitors. Velos Acquisition I'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 Velos Acquisition I stock overvalued right now?
Velos Acquisition I (VLOS) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Velos Acquisition I's overall GF Score™ is 17/100 with 1 warning sign 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 Velos Acquisition I (VLOS), the current Beneish M-Score is 0.00 as of Jul. 24, 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.

Velos Acquisition I Business Description

Address 1700 Broadway, 19th Floor, New York, NY, USA, 10019
M3-Brigade Acquisition V Corp is a blank check company.
17GF Score

Get the complete analysis for VLOS

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

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