Beneish M-Score

The Beneish M-Score is a mathematical model created by Professor Beneish that uses eight financial ratios to identify whether a company may have manipulated its earnings figures for reporting purposes. This is measured on a 2 year historical basis.

Stockopedia explains Beneish M-Score

Many companies can increase their reported earnings by booking sales early, delaying expense recognition, capitalising expenses and other tricks of the trade.

Most of these tricks aren't illegal, but regular practice can signify a company that may be getting into bad habits. The M Score predicted such high profile failures as Enron and has even been shown to be useful as a short selling technique.

Ranks: Low to HighAvailable in screenerAvailable as Table Column

The 5 highest Beneish M-Score Stocks in the Market

TickerNameBeneish M-ScoreStockRank™
LON:ATMAndrada Mining-261.0311
LON:APIabrdn Property Income Trust-31.8669
LON:TPFGProperty Franchise-17.4385
LON:FINFinseta-13.4274
LON:CHLLChill Brands-12.830