YNVYF (Ynvisible Interactive) Beneish M-Score: -5.58 (As of Jun. 27, 2026)

What is Ynvisible Interactive Beneish M-Score?

Ynvisible Interactive YNVYF Beneish M-Score is -5.58 as of Jun. 27, 2026. The stock has 3 warning signs investors should review. Among 2,404 Hardware companies, Ynvisible Interactive ranks better than 98.21% 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.

Good Sign:

Beneish M-Score -5.58 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

YNVYF' s Beneish M-Score Range Over the Past 10 Years
Min: -5.58 Med: -2.75 Max: 15.11
Current: -5.58

During the past 13 years, the highest Beneish M-Score of Ynvisible Interactive was 15.11. The lowest was -5.58. And the median was -2.75.

Ynvisible Interactive Beneish M-Score Related Terms

Ynvisible Interactive Beneish M-Score Historical Data

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The historical data trend for Ynvisible Interactive'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.

Ynvisible Interactive Beneish M-Score Chart

Ynvisible Interactive Annual Data

Trend

Nov16

Nov17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Beneish M-Score

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-0.81

-3.28

-2.57

-3.73

-2.75

Ynvisible Interactive Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Beneish M-Score	Get a 7-Day Free Trial															-2.50	-3.25	-2.09	-2.75	-5.58

YNVYF vs APH, GLW, TEL: Beneish M-Score Comparison

For the Electronic Components subindustry, Ynvisible Interactive'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.

Ynvisible Interactive Beneish M-Score vs Hardware Industry

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

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

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Ynvisible Interactive 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 Ynvisible Interactive 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 * 0.5589

0.528 * 0.5884

0.404 * 1.4674

0.892 * 1.3265

0.115 * 1.0314

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 1.0415

4.679 * -0.488433

0.327 * 2.9397

-5.55

This Year (Mar26) TTM:

Last Year (Mar25) TTM:

Total Receivables was $0.26 Mil.
Revenue was 0.195 + 0.264 + 0.262 + 0.12 = $0.84 Mil.
Gross Profit was 0.05 + 0.062 + 0.098 + 0.038 = $0.25 Mil.
Total Current Assets was $0.97 Mil.
Total Assets was $1.90 Mil.
Property, Plant and Equipment(Net PPE) was $0.84 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.39 Mil.
Selling, General, & Admin. Expense(SGA) was $3.63 Mil.
Total Current Liabilities was $0.94 Mil.
Long-Term Debt & Capital Lease Obligation was $0.28 Mil.
Net Income was -1.3 + -0.979 + -1.011 + -1.558 = $-4.85 Mil.
Non Operating Income was -0.405 + 0.001 + -0.001 + 0.026 = $-0.38 Mil.
Cash Flow from Operations was -0.379 + -0.563 + -1.298 + -1.3 = $-3.54 Mil.

Total Receivables was $0.35 Mil.
Revenue was 0.233 + 0.086 + 0.159 + 0.156 = $0.63 Mil.
Gross Profit was 0.042 + -0.001 + 0.066 + 0.003 = $0.11 Mil.
Total Current Assets was $2.40 Mil.
Total Assets was $3.43 Mil.
Property, Plant and Equipment(Net PPE) was $0.91 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.45 Mil.
Selling, General, & Admin. Expense(SGA) was $2.63 Mil.
Total Current Liabilities was $0.71 Mil.
Long-Term Debt & Capital Lease Obligation was $0.03 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)
	=	(0.258 / 0.841)	/	(0.348 / 0.634)
	=	0.306778	/	0.548896
	=	0.5589

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)
	=	(0.11 / 0.634)	/	(0.248 / 0.841)
	=	0.173502	/	0.294887
	=	0.5884

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 - (0.967 + 0.835) / 1.902)	/	(1 - (2.396 + 0.914) / 3.433)
	=	0.052576	/	0.035829
	=	1.4674

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
	=	0.841	/	0.634
	=	1.3265

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))
	=	(0.448 / (0.448 + 0.914))	/	(0.391 / (0.391 + 0.835))
	=	0.328928	/	0.318923
	=	1.0314

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)
	=	(3.628 / 0.841)	/	(2.626 / 0.634)
	=	4.313912	/	4.141956
	=	1.0415

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)
	=	((0.28 + 0.935) / 1.902)	/	((0.033 + 0.713) / 3.433)
	=	0.638801	/	0.217303
	=	2.9397

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
	=	(-4.848 - -0.379	-	-3.54)	/	1.902
	=	-0.488433

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.

Ynvisible Interactive has a M-score of -5.55 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →

What does a Beneish M-Score of -5.58 mean?

Ynvisible Interactive (YNVYF) has a Beneish M-Score of -5.58 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Ynvisible Interactive and its competitors. According to the industry distribution chart, Ynvisible Interactive ranks #43 out of 2404 companies in the Hardware industry, placing it in the top 1.8%.

Is Ynvisible Interactive's Beneish M-Score too high?

Ynvisible Interactive's current Beneish M-Score is -5.58. Based on the distribution chart, Ynvisible Interactive ranks #43 out of 2404 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers.

How does Ynvisible Interactive's Beneish M-Score compare to APH and GLW?

According to the Hardware industry distribution chart, Ynvisible Interactive ranks #43 out of 2404 companies for Beneish M-Score. This places Ynvisible Interactive in the top 2% of its industry — outperforming the majority of peers. 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 Ynvisible Interactive and its competitors. Ynvisible Interactive's current Beneish M-Score is -5.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Ynvisible Interactive stock overvalued right now?

Based on GuruFocus' analysis, Ynvisible Interactive (YNVYF) is currently considered Fairly Valued. The stock's GF Value™ is $0.07, compared to a current price of $0.07 — trading 7% above its estimated fair value. The current Beneish M-Score is -5.58. 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 Ynvisible Interactive (YNVYF), the current Beneish M-Score is -5.58 as of Jun. 27, 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.

Ynvisible Interactive Business Description

Industry Technology Hardware

Comparable Companies XCNQ:ZTE XCNQ:WIFI XCNQ:HEAT TPE:2308 APH GLW TPE:2317 TSE:6981 XKRX:009150 SZSE:002475 TEL TPE:2383 SZSE:002384 FLEX SZSE:300476 TPE:3037 SHSE:600183 TSE:6762 TPE:2327 TSX:CLS

Other Exchanges 1XNA:Germany YNV:Canada

Address 1100 Melville Street, P.O. Box 43, Suite 830, Vancouver, BC, CAN, V6E 4A6

Website https://www.ynvisible.com

Ynvisible Interactive Inc is engaged in the development and sale of electrochromic displays (ECDs). The company has one operating segment, being the development and sale of ECDs in Europe. Its printed e-paper displays are ideal for low-power and cost-sensitive applications, such as digital signage, smart monitoring labels for supply chain and logistics, visual indicators for medical and diagnostics, or retail labels and signage.