Biome AustraliaASX:BIO 35 Beneish M-Score is 44.37 as of Jun. 26, 2026, which is 114% above its 10-year median of 20.76. GuruFocus rates ASX:BIO with a GF Score™ of 35/100 and a GF Value™ of A$0.70 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,849 Consumer Packaged Goods companies, Biome Australia ranks worse than 99.46% 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.
Warning Sign:
Beneish M-Score 44.37 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Biome Australia's Beneish M-Score or its related term are showing as below:
ASX:BIO'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.86 Med: 20.76 Max: 44.37
Current: 44.37
During the past 5 years, the highest Beneish M-Score of Biome Australia was 44.37. The lowest was -2.86. And the median was 20.76.
Biome Australia Beneish M-Score Related Terms
Biome Australia Beneish M-Score Historical Data
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The historical data trend for Biome Australia'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.
For the Packaged Foods subindustry, Biome Australia'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.
Biome Australia Beneish M-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Biome Australia's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Biome Australia's Beneish M-Score falls into.
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 Biome Australia 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 * 1.0652
+
0.528 * 0.995
+
0.404 * 113.2479
+
0.892 * 1.4157
+
0.115 * 0.7469
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.8116
+
4.679 * 0.225184
-
0.327 * 0.9414
=
44.37
* 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))
=
(0.242 / (0.242 + 0.568))
/
(0.242 / (0.242 + 0.363))
=
0.298765
/
0.4
=
0.7469
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
=
(0.215 - 0.34
-
-2.82)
/
11.968
=
0.225184
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.
Biome Australia has a M-score of 44.37 signals that the company is likely to be a manipulator.
Biome Australia (ASX:BIO) has a Beneish M-Score of 44.37 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Biome Australia and its competitors. This is 114% above median its historical median of 20.76. According to the industry distribution chart, Biome Australia ranks #1839 out of 1849 companies in the Consumer Packaged Goods industry, placing it in the top 99.5%.
Is Biome Australia's Beneish M-Score too high?
Biome Australia's current Beneish M-Score of 44.37 is 114% above median its 10-year median of 20.76. Based on the distribution chart, Biome Australia ranks #1839 out of 1849 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Biome Australia has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Biome Australia's Beneish M-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Biome Australia ranks #1839 out of 1849 companies for Beneish M-Score. This places Biome Australia 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 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 Biome Australia and its competitors. Biome Australia's current Beneish M-Score is 44.37, which is 114% above median its own 10-year median of 20.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biome Australia stock overvalued right now?
Based on GuruFocus' analysis, Biome Australia (ASX:BIO) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.70, compared to a current price of A$0.25 — trading 65% below its estimated fair value. The current Beneish M-Score is 44.37, which is 114% above median its 10-year median of 20.76. Biome Australia's overall GF Score™ is 35/100 with 5 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 Biome Australia (ASX:BIO), the current Beneish M-Score is 44.37 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 Biome Australia (ASX:BIO) Overvalued in 2026?
Based on GuruFocus' analysis, Biome Australia stock appears to be undervalued.
The current stock price of A$0.25 is trading 65% below its estimated GF Value™ of A$0.70.
GuruFocus considers Biome Australia to be Possible Value Trap.
Key valuation signals for ASX:BIO:
Beneish M-Score: 44.37 (114% above median its 10-year median of 20.76)
GF Value™: A$0.70 vs. price of A$0.25 (65% below fair value)
No single metric tells the full story. See the ASX:BIO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Biome Australia Ltd licences, develops, and markets evidence-based, complementary medicines, including nutraceuticals vitamins and weight management products and live biotherapeutics. The company has one operating segment: researching, developing, manufacturing and distributing evidence-based products linking the gut and human health. Domestically it caters to Australia and In international markets, the Group distributes and markets its Activated Probiotics range in the United Kingdom and New Zealand through independent health practitioners.
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