Bonus BioGroup (XTAE:BONS) Beneish M-Score: 0.00 (As of Aug. 01, 2026)

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XTAE:BONS Bonus BioGroup Ltd XTAE:BONS
22 GF Score
Price ₪0.27
! 3 Warning Signs
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What is Bonus BioGroup Beneish M-Score?

Bonus BioGroup XTAE:BONS -0.38% 22 Beneish M-Score is 0.00 as of Aug. 01, 2026. GuruFocus rates XTAE:BONS with a GF Score™ of 22/100. The stock has 3 warning signs investors should review. Among 823 Biotechnology companies, Bonus BioGroup ranks worse than 121506.56% 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 Bonus BioGroup's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Bonus BioGroup was 0.00. The lowest was 0.00. And the median was 0.00.

Bonus BioGroup Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Bonus BioGroup'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.

Bonus BioGroup Beneish M-Score Chart

Bonus BioGroup Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Bonus BioGroup Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 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 0.00 0.00 0.00

XTAE:BONS vs VRTX, REGN, RVMD: Beneish M-Score Comparison

For the Biotechnology subindustry, Bonus BioGroup'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.

Bonus BioGroup Beneish M-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Bonus BioGroup's Beneish M-Score distribution charts can be found below:

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


XTAE:BONS
22GF Score
Bonus BioGroup Ltd XTAE:BONS
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Bonus BioGroup 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 Bonus BioGroup 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 ₪0.62 Mil.
Revenue was ₪0.00 Mil.
Gross Profit was ₪0.00 Mil.
Total Current Assets was ₪1.75 Mil.
Total Assets was ₪15.44 Mil.
Property, Plant and Equipment(Net PPE) was ₪13.31 Mil.
Depreciation, Depletion and Amortization(DDA) was ₪2.76 Mil.
Selling, General, & Admin. Expense(SGA) was ₪2.49 Mil.
Total Current Liabilities was ₪13.99 Mil.
Long-Term Debt & Capital Lease Obligation was ₪7.11 Mil.
Net Income was ₪-24.49 Mil.
Gross Profit was ₪0.00 Mil.
Cash Flow from Operations was ₪-14.93 Mil.
 Total Receivables was ₪0.09 Mil.
Revenue was ₪0.00 Mil.
Gross Profit was ₪-2.51 Mil.
Total Current Assets was ₪7.19 Mil.
Total Assets was ₪23.41 Mil.
Property, Plant and Equipment(Net PPE) was ₪15.83 Mil.
Depreciation, Depletion and Amortization(DDA) was ₪2.79 Mil.
Selling, General, & Admin. Expense(SGA) was ₪1.89 Mil.
Total Current Liabilities was ₪7.92 Mil.
Long-Term Debt & Capital Lease Obligation was ₪8.53 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)
=(0.624 / 0) / (0.092 / 0)
= /
=

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)
=(-2.509 / 0) / (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 - (1.753 + 13.312) / 15.441) / (1 - (7.19 + 15.834) / 23.406)
=0.024351 / 0.016321
=

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 / 0
=

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))
=(2.793 / (2.793 + 15.834)) / (2.756 / (2.756 + 13.312))
=0.149944 / 0.171521
=

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)
=(2.491 / 0) / (1.889 / 0)
= /
=

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)
=((7.111 + 13.994) / 15.441) / ((8.533 + 7.916) / 23.406)
=1.366816 / 0.702769
=

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
=(-24.49 - 0 - -14.933) / 15.441
=-0.618937

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?
Bonus BioGroup (XTAE:BONS) has a Beneish M-Score of 0.00 as of Aug. 01, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Bonus BioGroup and its competitors. According to the industry distribution chart, Bonus BioGroup ranks #999999 out of 823 companies in the Biotechnology industry.
Is Bonus BioGroup's Beneish M-Score too high?
Bonus BioGroup's current Beneish M-Score is 0.00. Based on the distribution chart, Bonus BioGroup ranks #999999 out of 823 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Bonus BioGroup has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Bonus BioGroup's Beneish M-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Bonus BioGroup ranks #999999 out of 823 companies for Beneish M-Score. This places Bonus BioGroup 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 Biotechnology company?
A good Beneish M-Score depends on the Biotechnology 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 Bonus BioGroup and its competitors. Bonus BioGroup'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 Bonus BioGroup stock overvalued right now?
Bonus BioGroup (XTAE:BONS) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Bonus BioGroup's overall GF Score™ is 22/100 with 3 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 Bonus BioGroup (XTAE:BONS), the current Beneish M-Score is 0.00 as of Aug. 01, 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.

Bonus BioGroup Business Description

Other Exchanges BBIXF:USA
Address Matam Advanced, Technology Park, P.O.B 15143, Haifa, ISR, 31905
Bonus BioGroup Ltd is an clinical-stage biotechnology company developing next-generation therapies for a variety of indications in the regenerative medicine field. Its products products, BonoFill and MesenCure.
22GF Score

Get the complete analysis for XTAE:BONS

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

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