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Bauer AGBRAGF 63 Beneish M-Score is -2.92 as of Jul. 21, 2026. GuruFocus rates BRAGF with a GF Score™ of 63/100 and a GF Value™ of $4.33. The stock has 4 warning signs investors should review. Among 1,699 Construction companies, Bauer AG ranks better than 78.75% 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 -2.92 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Bauer AG's Beneish M-Score or its related term are showing as below:
BRAGF'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.27 Med: -2.93 Max: -2.59
Current: -2.92
During the past 13 years, the highest Beneish M-Score of Bauer AG was -2.59. The lowest was -3.27. And the median was -2.93.
Bauer AG Beneish M-Score Related Terms
Bauer AG Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Bauer AG'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.
BRAGF vs PWR, FIX, EME: Beneish M-Score Comparison
For the Engineering & Construction subindustry, Bauer AG'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.
Bauer AG Beneish M-Score vs Construction Industry
For the Construction industry and Industrials sector, Bauer AG's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Bauer AG'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 Bauer AG 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 * 1.3273
+
0.528 * 0.8334
+
0.404 * 1.1013
+
0.892 * 0.8942
+
0.115 * 0.9348
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.2186
+
4.679 * -0.104743
-
0.327 * 0.9431
=
-2.84
* 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))
=
(122.521 / (122.521 + 520.669))
/
(132.2 / (132.2 + 516.532))
=
0.19049
/
0.203782
=
0.9348
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
=
(13.122 - 0
-
201.985)
/
1803.109
=
-0.104743
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.
Bauer AG has a M-score of -2.84 suggests that the company is unlikely to be a manipulator.
Bauer AG (BRAGF) has a Beneish M-Score of -2.92 as of Jul. 21, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Bauer AG and its competitors. According to the industry distribution chart, Bauer AG ranks #361 out of 1699 companies in the Construction industry, placing it in the top 21.2%.
Is Bauer AG's Beneish M-Score too high?
Bauer AG's current Beneish M-Score is -2.92. Based on the distribution chart, Bauer AG ranks #361 out of 1699 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Bauer AG has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Bauer AG's Beneish M-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Bauer AG ranks #361 out of 1699 companies for Beneish M-Score. This places Bauer AG in the top 21% 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 a Construction company?
A good Beneish M-Score depends on the Construction 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 Bauer AG and its competitors. Bauer AG's current Beneish M-Score is -2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bauer AG stock overvalued right now?
Bauer AG (BRAGF) has a current Beneish M-Score of -2.92. The stock's GF Value™ is $4.33, compared to a current price of $6.10 — trading 40.9% above its estimated fair value. The current Beneish M-Score is -2.92. Bauer AG's overall GF Score™ is 63/100 with 4 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 Bauer AG (BRAGF), the current Beneish M-Score is -2.92 as of Jul. 21, 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 Bauer AG (BRAGF) Overvalued in 2026?
Based on GuruFocus' analysis, Bauer AG stock appears to be overvalued.
The current stock price of $6.10 is trading 40.9% above its estimated GF Value™ of $4.33.
Key valuation signals for BRAGF:
Beneish M-Score: -2.92
GF Value™: $4.33 vs. price of $6.10 (40.9% above fair value)
No single metric tells the full story. See the BRAGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bauer AG along with its subsidiaries, provides construction and engineering. The operations of the Group are divided into three business segments: Geotechnical Solutions, Equipment, and Resources. The Geotechnical Solutions segment applies all the established methods and techniques of specialist foundation engineering all over the world. In the Equipment segment, It is a provider for a full range of equipment for specialist foundation engineering as well as for the exploration, mining and extraction of natural resources. The Resources segment focuses on the development, production and execution of products and services and acts as a service provider with several business divisions and subsidiaries in the areas of water wells, environmental services and energy, mining, and infrastructure.
63GF Score
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