Red Carpet Media Group (WAR:RCM) Beneish M-Score: -0.97 (As of Jun. 26, 2026)

What is Red Carpet Media Group Beneish M-Score?

Red Carpet Media Group WAR:RCM 8 Beneish M-Score is -0.97 as of Jun. 26, 2026. GuruFocus rates WAR:RCM with a GF Score™ of 8/100 and a GF Value™ of zł95.85. The stock has 7 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 -0.97 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Red Carpet Media Group's Beneish M-Score or its related term are showing as below:

WAR:RCM' s Beneish M-Score Range Over the Past 10 Years
Min: -2.05 Med: -0.97 Max: 1.23
Current: -0.97

During the past 7 years, the highest Beneish M-Score of Red Carpet Media Group was 1.23. The lowest was -2.05. And the median was -0.97.

Red Carpet Media Group Beneish M-Score Related Terms

Red Carpet Media Group Beneish M-Score Historical Data

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The historical data trend for Red Carpet Media 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.

Red Carpet Media Group Beneish M-Score Chart

Red Carpet Media Group Annual Data

Trend

Dec18

Dec19

Dec21

Dec22

Dec23

Dec24

Dec25

Beneish M-Score

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1.23

-2.05

-0.53

-1.34

-0.97

Red Carpet Media Group Quarterly Data
	Dec18	Dec19	Oct20	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															-1.34	0.00	0.00	0.00	-0.97

WAR:RCM vs NFLX, DIS, LYV: Beneish M-Score Comparison

For the Entertainment subindustry, Red Carpet Media 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.

Red Carpet Media Group Beneish M-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Red Carpet Media Group's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Red Carpet Media Group's Beneish M-Score falls into.

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Red Carpet Media Group SA WAR:RCM

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Red Carpet Media Group 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 Red Carpet Media Group 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 * 2.2812

0.528 * 0.9987

0.404 * 0.877

0.892 * 1.0656

0.115 * 1.021

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 1

4.679 * 0.067844

0.327 * 0.9945

-0.97

This Year (Dec25) TTM:

Last Year (Dec24) TTM:

Total Receivables was zł12.97 Mil.
Revenue was zł15.37 Mil.
Gross Profit was zł15.36 Mil.
Total Current Assets was zł17.92 Mil.
Total Assets was zł52.27 Mil.
Property, Plant and Equipment(Net PPE) was zł0.11 Mil.
Depreciation, Depletion and Amortization(DDA) was zł0.57 Mil.
Selling, General, & Admin. Expense(SGA) was zł0.00 Mil.
Total Current Liabilities was zł17.94 Mil.
Long-Term Debt & Capital Lease Obligation was zł0.00 Mil.
Net Income was zł6.77 Mil.
Gross Profit was zł0.00 Mil.
Cash Flow from Operations was zł3.23 Mil.

Total Receivables was zł5.34 Mil.
Revenue was zł14.43 Mil.
Gross Profit was zł14.39 Mil.
Total Current Assets was zł10.49 Mil.
Total Assets was zł42.27 Mil.
Property, Plant and Equipment(Net PPE) was zł0.21 Mil.
Depreciation, Depletion and Amortization(DDA) was zł1.31 Mil.
Selling, General, & Admin. Expense(SGA) was zł0.00 Mil.
Total Current Liabilities was zł14.59 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)
	=	(12.968 / 15.372)	/	(5.335 / 14.426)
	=	0.843612	/	0.369818
	=	2.2812

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)
	=	(14.392 / 14.426)	/	(15.355 / 15.372)
	=	0.997643	/	0.998894
	=	0.9987

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 - (17.924 + 0.105) / 52.267)	/	(1 - (10.486 + 0.211) / 42.266)
	=	0.65506	/	0.746912
	=	0.877

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
	=	15.372	/	14.426
	=	1.0656

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))
	=	(1.307 / (1.307 + 0.211))	/	(0.565 / (0.565 + 0.105))
	=	0.861001	/	0.843284
	=	1.021

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 / 15.372)	/	(0 / 14.426)
	=	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 + 17.939) / 52.267)	/	((0 + 14.586) / 42.266)
	=	0.343218	/	0.3451
	=	0.9945

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
	=	(6.774 - 0	-	3.228)	/	52.267
	=	0.067844

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.

Red Carpet Media Group has a M-score of -0.97 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 -0.97 mean?

Red Carpet Media Group (WAR:RCM) has a Beneish M-Score of -0.97 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Red Carpet Media Group and its competitors.

Is Red Carpet Media Group's Beneish M-Score too high?

Red Carpet Media Group's current Beneish M-Score is -0.97. Overall, Red Carpet Media Group has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.

How does Red Carpet Media Group's Beneish M-Score compare to NFLX and DIS?

Red Carpet Media Group's Beneish M-Score of -0.97 can be compared against companies in the Media - Diversified 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 Media - Diversified company?

A good Beneish M-Score depends on the Media - Diversified 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 Red Carpet Media Group and its competitors. Red Carpet Media Group's current Beneish M-Score is -0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Red Carpet Media Group stock overvalued right now?

Red Carpet Media Group (WAR:RCM) has a current Beneish M-Score of -0.97. The stock's GF Value™ is zł95.85, compared to a current price of zł30.80 — trading 67.9% below its estimated fair value. The current Beneish M-Score is -0.97. Red Carpet Media Group's overall GF Score™ is 8/100 with 7 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 Red Carpet Media Group (WAR:RCM), the current Beneish M-Score is -0.97 as of Jun. 26, 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 Red Carpet Media Group (WAR:RCM) Overvalued in 2026?

Based on GuruFocus' analysis, Red Carpet Media Group stock appears to be undervalued. The current stock price of zł30.80 is trading 67.9% below its estimated GF Value™ of zł95.85.

Key valuation signals for WAR:RCM:

Beneish M-Score: -0.97
GF Value™: zł95.85 vs. price of zł30.80 (67.9% below fair value)
GF Score™: 8/100 with 7 warning signs

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

Red Carpet Media Group Business Description

Industry Communication Services Media - Diversified

Comparable Companies WAR:GKS WAR:RCW WAR:PLI NFLX DIS XAMS:UMG LYV FWONA FOXA WBD XPAR:BOL NWSA WMG TKO XTER:EVD ROKU TSE:9602 XKRX:352820 PARA SIRI

Address Zurawia 32/34, Warsaw, POL, 00-515

Website http://www.red-carpet.pl

Red Carpet Media Group SA is engaged in the production and distribution of television programs on film, series, and pop culture in telecommunications networks.

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

zł30.80

Price

zł95.85

GF Value

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