Axilion Smart Mobility (XTAE:AILN) Beneish M-Score: -3.35 (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XTAE:AILN Axilion Smart Mobility Ltd XTAE:AILN
31 GF Score
Price ₪0.30
GF Value ₪0.39
! 5 Warning Signs
View Full Analysis

What is Axilion Smart Mobility Beneish M-Score?

Axilion Smart Mobility XTAE:AILN 31 Beneish M-Score is -3.35 as of Sep. 22, 2026. GuruFocus rates XTAE:AILN with a GF Score™ of 31/100 and a GF Value™ of ₪0.39. The stock has 5 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.

Good Sign:

Beneish M-Score -3.35 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

XTAE:AILN' s Beneish M-Score Range Over the Past 10 Years
Min: -3.86   Med: -3.35   Max: 0.12
Current: -3.35

During the past 11 years, the highest Beneish M-Score of Axilion Smart Mobility was 0.12. The lowest was -3.86. And the median was -3.35.

Axilion Smart Mobility Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Axilion Smart Mobility'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.

Axilion Smart Mobility Beneish M-Score Chart

Axilion Smart Mobility Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Axilion Smart Mobility Semi-Annual Data
Jun17 Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -3.08 -4.08 -1.47

XTAE:AILN vs MSFT, ORCL, PLTR: Beneish M-Score Comparison

For the Software - Infrastructure subindustry, Axilion Smart Mobility'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.

Axilion Smart Mobility Beneish M-Score vs Software Industry

For the Software industry and Technology sector, Axilion Smart Mobility's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Axilion Smart Mobility's Beneish M-Score falls into.


XTAE:AILN
31GF Score
Axilion Smart Mobility Ltd XTAE:AILN
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axilion Smart Mobility 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 Axilion Smart Mobility 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 (Dec24) TTM:Last Year (Dec23) TTM:
Total Receivables was ₪0.32 Mil.
Revenue was ₪2.22 Mil.
Gross Profit was ₪ Mil.
Total Current Assets was ₪17.24 Mil.
Total Assets was ₪21.09 Mil.
Property, Plant and Equipment(Net PPE) was ₪3.73 Mil.
Depreciation, Depletion and Amortization(DDA) was ₪0.98 Mil.
Selling, General, & Admin. Expense(SGA) was ₪8.72 Mil.
Total Current Liabilities was ₪3.65 Mil.
Long-Term Debt & Capital Lease Obligation was ₪2.66 Mil.
Net Income was ₪-23.08 Mil.
Gross Profit was ₪ Mil.
Cash Flow from Operations was ₪-20.39 Mil.
 Total Receivables was ₪0.60 Mil.
Revenue was ₪1.91 Mil.
Gross Profit was ₪ Mil.
Total Current Assets was ₪33.64 Mil.
Total Assets was ₪35.25 Mil.
Property, Plant and Equipment(Net PPE) was ₪1.48 Mil.
Depreciation, Depletion and Amortization(DDA) was ₪1.07 Mil.
Selling, General, & Admin. Expense(SGA) was ₪9.38 Mil.
Total Current Liabilities was ₪3.60 Mil.
Long-Term Debt & Capital Lease Obligation was ₪0.54 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)
=(0.32 / 2.216) / (0.597 / 1.914)
=0.144404 / 0.311912
=

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 / 1.914) / (0 / 2.216)
=0 / 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 - (17.238 + 3.729) / 21.09) / (1 - (33.637 + 1.483) / 35.249)
=0.005832 / 0.00366
=

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
=2.216 / 1.914
=

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))
=(1.068 / (1.068 + 1.483)) / (0.979 / (0.979 + 3.729))
=0.418659 / 0.207944
=

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)
=(8.716 / 2.216) / (9.379 / 1.914)
=3.933213 / 4.900209
=

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)
=((2.658 + 3.648) / 21.09) / ((0.542 + 3.596) / 35.249)
=0.299004 / 0.117393
=

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
=(-23.079 - 0 - -20.389) / 21.09
=-0.127549

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 -3.35 mean?
Axilion Smart Mobility (XTAE:AILN) has a Beneish M-Score of -3.35 as of Sep. 22, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Axilion Smart Mobility and its competitors.
Is Axilion Smart Mobility's Beneish M-Score too high?
Axilion Smart Mobility's current Beneish M-Score is -3.35. Overall, Axilion Smart Mobility has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Axilion Smart Mobility's Beneish M-Score compare to MSFT and ORCL?
Axilion Smart Mobility's Beneish M-Score of -3.35 can be compared against companies in the Software 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 Software company?
A good Beneish M-Score depends on the Software 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 Axilion Smart Mobility and its competitors. Axilion Smart Mobility's current Beneish M-Score is -3.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axilion Smart Mobility stock overvalued right now?
Axilion Smart Mobility (XTAE:AILN) has a current Beneish M-Score of -3.35. The stock's GF Value™ is ₪0.39, compared to a current price of ₪0.30 — trading 22.6% below its estimated fair value. The current Beneish M-Score is -3.35. Axilion Smart Mobility's overall GF Score™ is 31/100 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 Axilion Smart Mobility (XTAE:AILN), the current Beneish M-Score is -3.35 as of Sep. 22, 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 Axilion Smart Mobility (XTAE:AILN) Overvalued in 2026?

Based on GuruFocus' analysis, Axilion Smart Mobility stock appears to be undervalued. The current stock price of ₪0.30 is trading 22.6% below its estimated GF Value™ of ₪0.39.

Key valuation signals for XTAE:AILN:

  • Beneish M-Score: -3.35
  • GF Value™: ₪0.39 vs. price of ₪0.30 (22.6% below fair value)
  • GF Score™: 31/100 with 5 warning signs

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

Axilion Smart Mobility Business Description

Address Tel Aviv, Tel Aviv, ISR
Axilion Smart Mobility Ltd is an Israeli software company that develops artificial intelligence-based solutions for urban traffic and mobility management. Its core offering is a cloud-based software-as-a-service platform that optimizes traffic signal timing by analyzing traffic light networks, road-user behavior, and real-time demand across a city. The company's products help municipalities reduce congestion and air pollution, prioritize public transit, and improve road safety. Its primary customers are city governments, transportation authorities, and municipal agencies responsible for traffic management, mainly in Israel and other markets where it pursues smart-city projects. Revenue is generated through subscription-based SaaS licensing and related implementation and support services. The company operates in the intelligent transportation systems and smart mobility sector, competing with other traffic-management software providers.
31GF Score

Get the complete analysis for XTAE:AILN

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

₪0.30
Price
₪0.39
GF Value