Draw Distance (WAR:DDI) Beneish M-Score: 1.07 (As of Jun. 28, 2026)

What is Draw Distance Beneish M-Score?

Draw Distance WAR:DDI 12 Beneish M-Score is 1.07 as of Jun. 28, 2026. GuruFocus rates WAR:DDI with a GF Score™ of 12/100 and a GF Value™ of zł0.18. The stock has 8 warning signs investors should review.

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 1.07 higher than -1.78, which implies that the company might have manipulated its financial results.

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

WAR:DDI' s Beneish M-Score Range Over the Past 10 Years
Min: -2.71 Med: -0.84 Max: 33.45
Current: 1.07

During the past 11 years, the highest Beneish M-Score of Draw Distance was 33.45. The lowest was -2.71. And the median was -0.84.

Draw Distance Beneish M-Score Related Terms

Draw Distance Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Draw Distance'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.

Draw Distance Beneish M-Score Chart

Draw Distance Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Beneish M-Score

Get a 7-Day Free Trial

-0.72

-1.80

-2.71

-2.23

1.07

Draw Distance Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25
Beneish M-Score	Get a 7-Day Free Trial															-2.23	0.00	0.00	0.00	1.07

WAR:DDI vs NTES, RBLX, TTWO: Beneish M-Score Comparison

For the Electronic Gaming & Multimedia subindustry, Draw Distance'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.

Draw Distance Beneish M-Score vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Draw Distance's Beneish M-Score distribution charts can be found below:

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

Save Embed

12GF Score

Draw Distance SA WAR:DDI

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Draw Distance 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 Draw Distance for today is based on a combination of the following eight different indices:

-4.84

0.92 * DSRI

0.528 * GMI

0.404 * AQI

0.892 * SGI

0.115 * DEPI

-4.84

0.92 * 5.927

0.528 * 0.7574

0.404 * 0.5224

0.892 * 0.3122

0.115 * 0.9911

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 1

4.679 * -0.010264

0.327 * 1.0033

1.07

This Year (Dec25) TTM:

Last Year (Dec24) TTM:

Total Receivables was zł0.31 Mil.
Revenue was zł0.81 Mil.
Gross Profit was zł2.49 Mil.
Total Current Assets was zł8.95 Mil.
Total Assets was zł11.01 Mil.
Property, Plant and Equipment(Net PPE) was zł0.01 Mil.
Depreciation, Depletion and Amortization(DDA) was zł1.88 Mil.
Selling, General, & Admin. Expense(SGA) was zł0.00 Mil.
Total Current Liabilities was zł9.39 Mil.
Long-Term Debt & Capital Lease Obligation was zł0.00 Mil.
Net Income was zł-0.02 Mil.
Gross Profit was zł0.00 Mil.
Cash Flow from Operations was zł0.10 Mil.

Total Receivables was zł0.17 Mil.
Revenue was zł2.59 Mil.
Gross Profit was zł6.05 Mil.
Total Current Assets was zł7.06 Mil.
Total Assets was zł11.00 Mil.
Property, Plant and Equipment(Net PPE) was zł0.03 Mil.
Depreciation, Depletion and Amortization(DDA) was zł1.95 Mil.
Selling, General, & Admin. Expense(SGA) was zł0.00 Mil.
Total Current Liabilities was zł9.36 Mil.
Long-Term Debt & Capital Lease Obligation was zł0.00 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)
	=	(0.309 / 0.807)	/	(0.167 / 2.585)
	=	0.3829	/	0.064603
	=	5.927

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)
	=	(6.048 / 2.585)	/	(2.493 / 0.807)
	=	2.339652	/	3.089219
	=	0.7574

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 - (8.954 + 0.01) / 11.009)	/	(1 - (7.063 + 0.028) / 11.004)
	=	0.185757	/	0.355598
	=	0.5224

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
	=	0.807	/	2.585
	=	0.3122

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))
	=	(1.949 / (1.949 + 0.028))	/	(1.883 / (1.883 + 0.01))
	=	0.985837	/	0.994717
	=	0.9911

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)
	=	(0 / 0.807)	/	(0 / 2.585)
	=	0	/	0
	=	1

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 + 9.393) / 11.009)	/	((0 + 9.358) / 11.004)
	=	0.853211	/	0.850418
	=	1.0033

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
	=	(-0.018 - 0	-	0.095)	/	11.009
	=	-0.010264

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.

Draw Distance has a M-score of 1.07 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 1.07 mean?

Draw Distance (WAR:DDI) has a Beneish M-Score of 1.07 as of Jun. 28, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Draw Distance and its competitors.

Is Draw Distance's Beneish M-Score too high?

Draw Distance's current Beneish M-Score is 1.07. Overall, Draw Distance has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Draw Distance's Beneish M-Score compare to NTES and RBLX?

Draw Distance's Beneish M-Score of 1.07 can be compared against companies in the Interactive Media 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 an Interactive Media company?

A good Beneish M-Score depends on the Interactive Media 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 Draw Distance and its competitors. Draw Distance's current Beneish M-Score is 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Draw Distance stock overvalued right now?

Draw Distance (WAR:DDI) has a current Beneish M-Score of 1.07. The stock's GF Value™ is zł0.18, compared to a current price of zł0.13 — trading 30% below its estimated fair value. The current Beneish M-Score is 1.07. Draw Distance's overall GF Score™ is 12/100 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 Draw Distance (WAR:DDI), the current Beneish M-Score is 1.07 as of Jun. 28, 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 Draw Distance (WAR:DDI) Overvalued in 2026?

Based on GuruFocus' analysis, Draw Distance stock appears to be undervalued. The current stock price of zł0.13 is trading 30% below its estimated GF Value™ of zł0.18.

Key valuation signals for WAR:DDI:

Beneish M-Score: 1.07
GF Value™: zł0.18 vs. price of zł0.13 (30% below fair value)
GF Score™: 12/100 with 8 warning signs

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

Draw Distance Business Description

Industry Communication Services Interactive Media

Comparable Companies WAR:LMG WAR:PBT WAR:MLT WAR:BRP WAR:END WAR:IPW WAR:DGS WAR:ATJ WAR:ARG WAR:THD TSE:7974 NTES RBLX TTWO EA TSE:9766 TSE:3659 SZSE:002602 TSE:9697 XKRX:259960

Address Cystersow 20A, Krakow, POL, 31-553

Website https://www.drawdistance.dev

Draw Distance SA is a Poland based gaming company. The company is engaged in the development of various games such as Vampire: The Masquerade - Coteries of New York, Serial Cleaner, Halls of Horror, Ritual Crown of Horns and Far Peak among others. It operates on all platforms including PC, PS4, Xbox One, Nintendo Switch, iOS, and Android.

12GF Score

Get the complete analysis for WAR:DDI

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

zł0.13

Price

zł0.18

GF Value

View WAR:DDI Analysis

See Beneish M-Score data for all stocks →