Australian Agricultural CoASAGF 75 Beneish M-Score is -2.65 as of Jun. 24, 2026. GuruFocus rates ASAGF with a GF Score™ of 75/100 and a GF Value™ of $1.20 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,849 Consumer Packaged Goods companies, Australian Agricultural Co ranks better than 61.33% 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 -2.65 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Australian Agricultural Co's Beneish M-Score or its related term are showing as below:
ASAGF'
s Beneish M-Score Range Over the Past 10 Years
Min: -4.11 Med: -2.71 Max: -1.06
Current: -2.65
During the past 13 years, the highest Beneish M-Score of Australian Agricultural Co was -1.06. The lowest was -4.11. And the median was -2.71.
Australian Agricultural Co Beneish M-Score Related Terms
Australian Agricultural Co 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 Farm Products subindustry, Australian Agricultural Co'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.
Australian Agricultural Co Beneish M-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Australian Agricultural Co's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Australian Agricultural Co's Beneish M-Score falls into.
Australian Agricultural Co 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 Australian Agricultural Co 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 * 0.7197
+
0.528 * 0.5919
+
0.404 * 1.1206
+
0.892 * 1.2118
+
0.115 * 0.992
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.037
+
4.679 * 0.031819
-
0.327 * 0.9028
=
-2.54
* 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))
=
(18.134 / (18.134 + 1085.634))
/
(22.048 / (22.048 + 1309.253))
=
0.016429
/
0.016561
=
0.992
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
=
(75.288 - 6.905
-
6.672)
/
1939.413
=
0.031819
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.
Australian Agricultural Co has a M-score of -2.54 suggests that the company is unlikely to be a manipulator.
Australian Agricultural Co (ASAGF) has a Beneish M-Score of -2.65 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Australian Agricultural Co and its competitors. According to the industry distribution chart, Australian Agricultural Co ranks #715 out of 1849 companies in the Consumer Packaged Goods industry, placing it in the top 38.7%.
Is Australian Agricultural Co's Beneish M-Score too high?
Australian Agricultural Co's current Beneish M-Score is -2.65. Based on the distribution chart, Australian Agricultural Co ranks #715 out of 1849 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Australian Agricultural Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Australian Agricultural Co's Beneish M-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Australian Agricultural Co ranks #715 out of 1849 companies for Beneish M-Score. This puts Australian Agricultural Co in the upper 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 Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods 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 Australian Agricultural Co and its competitors. Australian Agricultural Co's current Beneish M-Score is -2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Agricultural Co stock overvalued right now?
Based on GuruFocus' analysis, Australian Agricultural Co (ASAGF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.20, compared to a current price of $0.91 — trading 23.8% below its estimated fair value. The current Beneish M-Score is -2.65. Australian Agricultural Co's overall GF Score™ is 75/100 with 7 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 Australian Agricultural Co (ASAGF), the current Beneish M-Score is -2.65 as of Jun. 24, 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 Australian Agricultural Co (ASAGF) Overvalued in 2026?
Based on GuruFocus' analysis, Australian Agricultural Co stock appears to be undervalued.
The current stock price of $0.91 is trading 23.8% below its estimated GF Value™ of $1.20.
GuruFocus considers Australian Agricultural Co to be Modestly Undervalued.
Key valuation signals for ASAGF:
Beneish M-Score: -2.65
GF Value™: $1.20 vs. price of $0.91 (23.8% below fair value)
No single metric tells the full story. See the ASAGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Australian Agricultural Co Ltd is Australia's integrated cattle and beef producer. The company operates owned cattle stations, leased stations, owned feedlots, owned farms and leased farm, located throughout Queensland and the Northern Territory. Its brands are Westholme, 1824, and Darling Downs. It derives revenue through the production and sale of cattle and branded beef products across domestic and international markets. Geographically, it operates in South Korea, USA, China, Australia, Canada, and Others with majority of revenue deriving from cattle sales in Australia.
75GF Score
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