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Davin Sons RetailBOM:544331 +17.82%21 Beneish M-Score is 1.61 as of Jul. 15, 2026, which is 347% above its 10-year median of 0.36. GuruFocus rates BOM:544331 with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 541 Conglomerates companies, Davin Sons Retail ranks worse than 97.23% 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 1.61 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Davin Sons Retail's Beneish M-Score or its related term are showing as below:
BOM:544331'
s Beneish M-Score Range Over the Past 10 Years
Min: -1.57 Med: 0.36 Max: 1.61
Current: 1.61
During the past 5 years, the highest Beneish M-Score of Davin Sons Retail was 1.61. The lowest was -1.57. And the median was 0.36.
Davin Sons Retail Beneish M-Score Related Terms
Davin Sons Retail Beneish M-Score Historical Data
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The historical data trend for Davin Sons Retail'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.
BOM:544331 vs HON, MMM: Beneish M-Score Comparison
For the Conglomerates subindustry, Davin Sons Retail'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.
Davin Sons Retail Beneish M-Score vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Davin Sons Retail's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Davin Sons Retail'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 Davin Sons Retail 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 * 2.559
+
0.528 * 0.7297
+
0.404 * 5.5315
+
0.892 * 0.6029
+
0.115 * 1.015
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0
+
4.679 * 0.21361
-
0.327 * 0.5382
=
1.61
* 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))
=
(1.342 / (1.342 + 11.923))
/
(2.888 / (2.888 + 26.088))
=
0.101168
/
0.099669
=
1.015
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
=
(7.694 - 0
-
-38.431)
/
215.931
=
0.21361
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.
Davin Sons Retail has a M-score of 1.61 signals that the company is likely to be a manipulator.
Davin Sons Retail (BOM:544331) has a Beneish M-Score of 1.61 as of Jul. 15, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Davin Sons Retail and its competitors. This is 347% above median its historical median of 0.36. According to the industry distribution chart, Davin Sons Retail ranks #526 out of 541 companies in the Conglomerates industry, placing it in the top 97.2%.
Is Davin Sons Retail's Beneish M-Score too high?
Davin Sons Retail's current Beneish M-Score of 1.61 is 347% above median its 10-year median of 0.36. Based on the distribution chart, Davin Sons Retail ranks #526 out of 541 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Davin Sons Retail has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Davin Sons Retail's Beneish M-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, Davin Sons Retail ranks #526 out of 541 companies for Beneish M-Score. This places Davin Sons Retail 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 Conglomerates company?
A good Beneish M-Score depends on the Conglomerates 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 Davin Sons Retail and its competitors. Davin Sons Retail's current Beneish M-Score is 1.61, which is 347% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Davin Sons Retail stock overvalued right now?
Davin Sons Retail (BOM:544331) has a current Beneish M-Score of 1.61. The current Beneish M-Score is 1.61, which is 347% above median its 10-year median of 0.36. Davin Sons Retail's overall GF Score™ is 21/100 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 Davin Sons Retail (BOM:544331), the current Beneish M-Score is 1.61 as of Jul. 15, 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.
Davin Sons Retail Ltd operates through two main business verticals: manufacturing readymade garments and distributing fast-moving consumer goods (FMCG). The company designs and produces a variety of garments, including jeans, denim jackets, and shirts for other brands, outsourcing manufacturing on a job-work basis. Its FMCG distribution arm handles branded packaged foods, beverages such as non-alcoholic energy drinks, snacks, and other products, serving a broad customer base across several Indian states. Davin Sons Retail generates revenue from garment sales and FMCG product distribution; the majority of revenue is from the FMCG products.
21GF Score
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