WLDS (Wearable Devices) Beneish M-Score: 0.00 (As of Jun. 25, 2026)


WLDS Wearable Devices Ltd WLDS
47 GF Score
Price $1.75
GF Value $25.57
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Wearable Devices Beneish M-Score?

Wearable Devices WLDS -7.41% 47 Beneish M-Score is 0.00 as of Jun. 25, 2026. GuruFocus rates WLDS with a GF Score™ of 47/100 and a GF Value™ of $25.57 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,403 Hardware companies, Wearable Devices ranks worse than 41614.61% 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 Wearable Devices's Beneish M-Score or its related term are showing as below:

During the past 7 years, the highest Beneish M-Score of Wearable Devices was 1.07. The lowest was 1.07. And the median was 1.07.

Wearable Devices Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Wearable Devices'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.

Wearable Devices Beneish M-Score Chart

Wearable Devices Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 1.07 0.00

Wearable Devices Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 1.07 0.00 0.00

WLDS vs CAPC, BOXL, MSN: Beneish M-Score Comparison

For the Consumer Electronics subindustry, Wearable Devices'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.

Wearable Devices Beneish M-Score vs Hardware Industry

For the Hardware industry and Technology sector, Wearable Devices's Beneish M-Score distribution charts can be found below:

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


WLDS
47GF Score
Wearable Devices Ltd WLDS
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wearable Devices 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 Wearable Devices 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was $0.33 Mil.
Revenue was $0.65 Mil.
Gross Profit was $-0.15 Mil.
Total Current Assets was $19.53 Mil.
Total Assets was $19.99 Mil.
Property, Plant and Equipment(Net PPE) was $0.46 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.08 Mil.
Selling, General, & Admin. Expense(SGA) was $4.68 Mil.
Total Current Liabilities was $1.38 Mil.
Long-Term Debt & Capital Lease Obligation was $0.06 Mil.
Net Income was $-8.11 Mil.
Gross Profit was $0.00 Mil.
Cash Flow from Operations was $-6.60 Mil.
 Total Receivables was $0.34 Mil.
Revenue was $0.52 Mil.
Gross Profit was $0.09 Mil.
Total Current Assets was $5.52 Mil.
Total Assets was $5.98 Mil.
Property, Plant and Equipment(Net PPE) was $0.46 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.11 Mil.
Selling, General, & Admin. Expense(SGA) was $4.94 Mil.
Total Current Liabilities was $2.10 Mil.
Long-Term Debt & Capital Lease Obligation was $0.02 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)
=(0.33 / 0.647) / (0.339 / 0.522)
=0.510046 / 0.649425
=

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)
=(0.085 / 0.522) / (-0.148 / 0.647)
=0.162835 / -0.228748
=

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 - (19.53 + 0.46) / 19.99) / (1 - (5.516 + 0.46) / 5.976)
=-0 / 0
=

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
=0.647 / 0.522
=

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))
=(0.107 / (0.107 + 0.46)) / (0.084 / (0.084 + 0.46))
=0.188713 / 0.154412
=

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)
=(4.68 / 0.647) / (4.941 / 0.522)
=7.233385 / 9.465517
=

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)
=((0.057 + 1.38) / 19.99) / ((0.021 + 2.095) / 5.976)
=0.071886 / 0.354083
=

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
=(-8.107 - 0 - -6.598) / 19.99
=-0.075488

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?
Wearable Devices (WLDS) has a Beneish M-Score of 0.00 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Wearable Devices and its competitors. Over the past decade, Wearable Devices' Beneish M-Score has ranged from 1.07 to 1.07. According to the industry distribution chart, Wearable Devices ranks #999999 out of 2403 companies in the Hardware industry.
Is Wearable Devices' Beneish M-Score too high?
Wearable Devices' current Beneish M-Score is 0.00. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 1.07. Based on the distribution chart, Wearable Devices ranks #999999 out of 2403 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Wearable Devices has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wearable Devices' Beneish M-Score compare to CAPC and BOXL?
According to the Hardware industry distribution chart, Wearable Devices ranks #999999 out of 2403 companies for Beneish M-Score. This places Wearable Devices in the lower half of its industry. Historically, Wearable Devices' own Beneish M-Score has ranged from 1.07 to 1.07 over the past decade. 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 Hardware company?
A good Beneish M-Score depends on the Hardware 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 Wearable Devices and its competitors. Wearable Devices'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 Wearable Devices stock overvalued right now?
Based on GuruFocus' analysis, Wearable Devices (WLDS) is currently considered Possible Value Trap. The stock's GF Value™ is $25.57, compared to a current price of $1.75 — trading 93.2% below its estimated fair value. The current Beneish M-Score is 0.00. Wearable Devices' overall GF Score™ is 47/100 with 5 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 Wearable Devices (WLDS), the current Beneish M-Score is 0.00 as of Jun. 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 Wearable Devices (WLDS) Overvalued in 2026?

Based on GuruFocus' analysis, Wearable Devices stock appears to be undervalued. The current stock price of $1.75 is trading 93.2% below its estimated GF Value™ of $25.57. GuruFocus considers Wearable Devices to be Possible Value Trap.

Key valuation signals for WLDS:

  • Beneish M-Score: 0.00
  • GF Value™: $25.57 vs. price of $1.75 (93.2% below fair value)
  • GF Score™: 47/100 with 5 warning signs

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

Wearable Devices Business Description

Address 5 Ha-Tnufa Street, Yokne’am Illit, Illit, ISR, 2066736
Wearable Devices Ltd develops and sells human-machine interface solutions for the smart wearables industry. These digital devices include consumer electronics, smart watches, smartphones, AR glasses, VR headsets, televisions, PCs, laptop computers, drones, robots, etc. The company has completed the transition phase from research and development to commercialization of technology into B2B and B2C products. Its products include Mudra Inspire, a band for the Apple Watch that allows touchless operation and control of Apple ecosystem devices such as iPhone, Mac computer, Apple TV, and iPad, inter alia.
47GF Score

Get the complete analysis for WLDS

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

$1.75
Price
$25.57
GF Value