YQ (17 Education & Technology Group) Beneish M-Score: -4.60 (As of Jun. 26, 2026)

What is 17 Education & Technology Group Beneish M-Score?

17 Education & Technology Group YQ +3.37% 60 Beneish M-Score is -4.60 as of Jun. 26, 2026. GuruFocus rates YQ with a GF Score™ of 60/100 and a GF Value™ of $2.29 (Fairly Valued). The stock has 6 warning signs investors should review. Among 243 Education companies, 17 Education & Technology Group ranks better than 96.71% 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 -4.6 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for 17 Education & Technology Group's Beneish M-Score or its related term are showing as below:

YQ' s Beneish M-Score Range Over the Past 10 Years
Min: -6.37 Med: -3.75 Max: 10.1
Current: -4.6

During the past 8 years, the highest Beneish M-Score of 17 Education & Technology Group was 10.10. The lowest was -6.37. And the median was -3.75.

17 Education & Technology Group Beneish M-Score Related Terms

17 Education & Technology Group Beneish M-Score Historical Data

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The historical data trend for 17 Education & Technology Group'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.

17 Education & Technology Group Beneish M-Score Chart

17 Education & Technology Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Beneish M-Score

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-0.71

5.83

-1.70

-2.40

-4.60

17 Education & Technology Group 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															0.00	0.00	0.00	-4.60	0.00

YQ vs FEDU, LMMY, EDTK: Beneish M-Score Comparison

For the Education & Training Services subindustry, 17 Education & Technology Group'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.

17 Education & Technology Group Beneish M-Score vs Education Industry

For the Education industry and Consumer Defensive sector, 17 Education & Technology Group's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where 17 Education & Technology Group's Beneish M-Score falls into.

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17 Education & Technology Group Inc YQ

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17 Education & Technology Group 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 17 Education & Technology Group 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 * 1.2665

0.528 * 0.766

0.404 * 0.9164

0.892 * 0.5792

0.115 * 1.1556

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 1.3363

4.679 * -0.325513

0.327 * 1.8142

-4.60

This Year (Dec25) TTM:

Last Year (Dec24) TTM:

Total Receivables was $6.81 Mil.
Revenue was $15.05 Mil.
Gross Profit was $7.19 Mil.
Total Current Assets was $78.19 Mil.
Total Assets was $83.84 Mil.
Property, Plant and Equipment(Net PPE) was $5.32 Mil.
Depreciation, Depletion and Amortization(DDA) was $1.42 Mil.
Selling, General, & Admin. Expense(SGA) was $22.43 Mil.
Total Current Liabilities was $41.77 Mil.
Long-Term Debt & Capital Lease Obligation was $1.38 Mil.
Net Income was $-21.92 Mil.
Gross Profit was $0.07 Mil.
Cash Flow from Operations was $5.30 Mil.

Total Receivables was $9.28 Mil.
Revenue was $25.99 Mil.
Gross Profit was $9.51 Mil.
Total Current Assets was $69.90 Mil.
Total Assets was $75.48 Mil.
Property, Plant and Equipment(Net PPE) was $5.24 Mil.
Depreciation, Depletion and Amortization(DDA) was $1.69 Mil.
Selling, General, & Admin. Expense(SGA) was $28.98 Mil.
Total Current Liabilities was $20.83 Mil.
Long-Term Debt & Capital Lease Obligation was $0.59 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)
	=	(6.81 / 15.053)	/	(9.283 / 25.988)
	=	0.452402	/	0.357203
	=	1.2665

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)
	=	(9.506 / 25.988)	/	(7.188 / 15.053)
	=	0.365784	/	0.477513
	=	0.766

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 - (78.186 + 5.318) / 83.843)	/	(1 - (69.899 + 5.244) / 75.476)
	=	0.004043	/	0.004412
	=	0.9164

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
	=	15.053	/	25.988
	=	0.5792

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))
	=	(1.687 / (1.687 + 5.244))	/	(1.419 / (1.419 + 5.318))
	=	0.243399	/	0.210628
	=	1.1556

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)
	=	(22.434 / 15.053)	/	(28.984 / 25.988)
	=	1.490334	/	1.115284
	=	1.3363

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)
	=	((1.375 + 41.772) / 83.843)	/	((0.585 + 20.825) / 75.476)
	=	0.514617	/	0.283666
	=	1.8142

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
	=	(-21.924 - 0.068	-	5.3)	/	83.843
	=	-0.325513

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.

17 Education & Technology Group has a M-score of -4.60 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 -4.60 mean?

17 Education & Technology Group (YQ) has a Beneish M-Score of -4.60 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on 17 Education & Technology Group and its competitors. According to the industry distribution chart, 17 Education & Technology Group ranks #8 out of 243 companies in the Education industry, placing it in the top 3.3%.

Is 17 Education & Technology Group's Beneish M-Score too high?

17 Education & Technology Group's current Beneish M-Score is -4.60. Based on the distribution chart, 17 Education & Technology Group ranks #8 out of 243 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, 17 Education & Technology Group has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does 17 Education & Technology Group's Beneish M-Score compare to FEDU and LMMY?

According to the Education industry distribution chart, 17 Education & Technology Group ranks #8 out of 243 companies for Beneish M-Score. This places 17 Education & Technology Group in the top 3% 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 an Education company?

A good Beneish M-Score depends on the Education 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 17 Education & Technology Group and its competitors. 17 Education & Technology Group's current Beneish M-Score is -4.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is 17 Education & Technology Group stock overvalued right now?

Based on GuruFocus' analysis, 17 Education & Technology Group (YQ) is currently considered Fairly Valued. The stock's GF Value™ is $2.29, compared to a current price of $2.15 — trading 6.1% below its estimated fair value. The current Beneish M-Score is -4.60. 17 Education & Technology Group's overall GF Score™ is 60/100 with 6 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 17 Education & Technology Group (YQ), the current Beneish M-Score is -4.60 as of Jun. 26, 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 17 Education & Technology Group (YQ) Overvalued in 2026?

Based on GuruFocus' analysis, 17 Education & Technology Group stock appears to be undervalued. The current stock price of $2.15 is trading 6.1% below its estimated GF Value™ of $2.29. GuruFocus considers 17 Education & Technology Group to be Fairly Valued.

Key valuation signals for YQ:

Beneish M-Score: -4.60
GF Value™: $2.29 vs. price of $2.15 (6.1% below fair value)
GF Score™: 60/100 with 6 warning signs

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

17 Education & Technology Group Business Description

Industry Consumer Defensive Education

Comparable Companies FEDU LMMY EDTK PCSVD RYET ASPU EXDW WAFU AMBO EEIQ EDU TAL GHC LAUR CVSA LOPE LRN NSE:PWL HKSE:01797 MH

Address Wangjing Greenland Center, 16th Floor, Block B, Chaoyang District, Beijing, CHN, 100102

Website https://ucenter.17zuoye.com

17 Education & Technology Group Inc is engaged in providing education and education technology services in the People's Republic of China (PRC) with a focus on the Teaching and Learning SaaS offerings. It offers smart, in-school, teaching and learning SaaS offerings assist students, teachers, schoolmasters and educational authorities across China. It also offer other educational products and services that complement students' in-school learning. Geographically group operates in China.

60GF Score

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

$2.15

Price

$2.29

GF Value

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