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 -1.92 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for El Sewedy Electric Co's Beneish M-Score or its related term are showing as below:
CAI:SWDY'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.26 Med: -1.99 Max: 23.85
Current: -1.92
During the past 13 years, the highest Beneish M-Score of El Sewedy Electric Co was 23.85. The lowest was -3.26. And the median was -1.99.
El Sewedy Electric Co Beneish M-Score Related Terms
El Sewedy Electric Co Beneish M-Score Historical Data
* Premium members only.
The historical data trend for El Sewedy Electric Co'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.
CAI:SWDY vs VRT, BE, NVT: Beneish M-Score Comparison
For the Electrical Equipment & Parts subindustry, El Sewedy Electric 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.
El Sewedy Electric Co Beneish M-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, El Sewedy Electric Co's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where El Sewedy Electric Co'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 El Sewedy Electric 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 * 1.1831
+
0.528 * 1.208
+
0.404 * 0.848
+
0.892 * 1.2065
+
0.115 * 1.0631
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.1522
+
4.679 * 0.042136
-
0.327 * 1.05
=
-1.92
* 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))
=
(2477.148 / (2477.148 + 29605.865))
/
(3224.167 / (3224.167 + 41168.902))
=
0.077211
/
0.072628
=
1.0631
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
=
(18029.156 - 0
-
2065.989)
/
378846.039
=
0.042136
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.
El Sewedy Electric Co has a M-score of -1.92 suggests that the company is unlikely to be a manipulator.
El Sewedy Electric Co (CAI:SWDY) has a Beneish M-Score of -1.92 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on El Sewedy Electric Co and its competitors. According to the industry distribution chart, El Sewedy Electric Co ranks #2353 out of 2926 companies in the Industrial Products industry, placing it in the top 80.4%.
Is El Sewedy Electric Co's Beneish M-Score too high?
El Sewedy Electric Co's current Beneish M-Score is -1.92. Based on the distribution chart, El Sewedy Electric Co ranks #2353 out of 2926 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, El Sewedy Electric Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does El Sewedy Electric Co's Beneish M-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, El Sewedy Electric Co ranks #2353 out of 2926 companies for Beneish M-Score. This places El Sewedy Electric Co 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 an Industrial Products company?
A good Beneish M-Score depends on the Industrial Products 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 El Sewedy Electric Co and its competitors. El Sewedy Electric Co's current Beneish M-Score is -1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is El Sewedy Electric Co stock overvalued right now?
Based on GuruFocus' analysis, El Sewedy Electric Co (CAI:SWDY) is currently considered Fairly Valued. The stock's GF Value™ is E£85.00, compared to a current price of E£87.37 — trading 2.8% above its estimated fair value. The current Beneish M-Score is -1.92. El Sewedy Electric Co's overall GF Score™ is 92/100 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 El Sewedy Electric Co (CAI:SWDY), the current Beneish M-Score is -1.92 as of Jun. 25, 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 El Sewedy Electric Co (CAI:SWDY) Overvalued in 2026?
Based on GuruFocus' analysis, El Sewedy Electric Co stock appears to be overvalued.
The current stock price of E£87.37 is trading 2.8% above its estimated GF Value™ of E£85.00.
GuruFocus considers El Sewedy Electric Co to be Fairly Valued.
Key valuation signals for CAI:SWDY:
Beneish M-Score: -1.92
GF Value™: E£85.00 vs. price of E£87.37 (2.8% above fair value)
No single metric tells the full story. See the CAI:SWDY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
El Sewedy Electric Co is an Egypt-based company engaged in the machinery business sector. The company's operating segment includes Cables, Construction, and Electrical products and its accessories. The Cables segment is engaged in manufacturing, marketing, and trading the cables. The construction segment executes construction related to power generation units and electricity distribution networks. Electricity products segment manufactures, electric meters, transformers, and electric joints, and markets and trade the products. Geographically, it derives the majority of its revenue from Egypt.
92GF Score
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