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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 -1.62 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Alrov Properties & Lodgings's Beneish M-Score or its related term are showing as below:
XTAE:ALRPR'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.03 Med: -2.21 Max: -0.69
Current: -1.62
During the past 13 years, the highest Beneish M-Score of Alrov Properties & Lodgings was -0.69. The lowest was -3.03. And the median was -2.21.
Alrov Properties & Lodgings Beneish M-Score Related Terms
Alrov Properties & Lodgings Beneish M-Score Historical Data
* 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.
For the Real Estate - Diversified subindustry, Alrov Properties & Lodgings'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.
Alrov Properties & Lodgings Beneish M-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Alrov Properties & Lodgings's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Alrov Properties & Lodgings's Beneish M-Score falls into.
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 Alrov Properties & Lodgings 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 * 1.736
+
0.528 * 1.0267
+
0.404 * 0.9137
+
0.892 * 1.0149
+
0.115 * 0.568
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.4179
+
4.679 * 0.056818
-
0.327 * 0.8532
=
-1.62
* 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.
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.
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))
=
(124.887 / (124.887 + 5611.293))
/
(215.568 / (215.568 + 5408.433))
=
0.021772
/
0.03833
=
0.568
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
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
=
(1270.822 - 0
-
155.253)
/
19634.018
=
0.056818
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.
Alrov Properties & Lodgings has a M-score of -1.62 signals that the company is likely to be a manipulator.
Alrov Properties & Lodgings (XTAE:ALRPR) has a Beneish M-Score of -1.62 as of Jul. 15, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Alrov Properties & Lodgings and its competitors. According to the industry distribution chart, Alrov Properties & Lodgings ranks #1307 out of 1683 companies in the Real Estate industry, placing it in the top 77.7%.
Is Alrov Properties & Lodgings' Beneish M-Score too high?
Alrov Properties & Lodgings' current Beneish M-Score is -1.62. Based on the distribution chart, Alrov Properties & Lodgings ranks #1307 out of 1683 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Alrov Properties & Lodgings has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alrov Properties & Lodgings' Beneish M-Score compare to competitors?
According to the Real Estate industry distribution chart, Alrov Properties & Lodgings ranks #1307 out of 1683 companies for Beneish M-Score. This places Alrov Properties & Lodgings 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 Real Estate company?
A good Beneish M-Score depends on the Real Estate 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 Alrov Properties & Lodgings and its competitors. Alrov Properties & Lodgings's current Beneish M-Score is -1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alrov Properties & Lodgings stock overvalued right now?
Based on GuruFocus' analysis, Alrov Properties & Lodgings (XTAE:ALRPR) is currently considered Modestly Overvalued. The stock's GF Value™ is ₪195.46, compared to a current price of ₪245.90 — trading 25.8% above its estimated fair value. The current Beneish M-Score is -1.62. Alrov Properties & Lodgings' overall GF Score™ is 74/100 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 Alrov Properties & Lodgings (XTAE:ALRPR), the current Beneish M-Score is -1.62 as of Jul. 15, 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 Alrov Properties & Lodgings (XTAE:ALRPR) Overvalued in 2026?
Based on GuruFocus' analysis, Alrov Properties & Lodgings stock appears to be overvalued.
The current stock price of ₪245.90 is trading 25.8% above its estimated GF Value™ of ₪195.46.
GuruFocus considers Alrov Properties & Lodgings to be Modestly Overvalued.
Key valuation signals for XTAE:ALRPR:
Beneish M-Score: -1.62
GF Value™: ₪195.46 vs. price of ₪245.90 (25.8% above fair value)
No single metric tells the full story. See the XTAE:ALRPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alrov Properties & Lodgings Ltd is an Israel-based real estate company. It is involved in investing in, developing and operating luxury projects. The company operating segments include Investment Property, lodging overseas, Lodging in Israel, Securities and others. It generates maximum revenue from the Investment Property segment. The company initiates projects related to hotels, office buildings, commercial and residential properties.
74GF Score
Get the complete analysis for XTAE:ALRPR
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