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SODEP -Marsa MarocCAS:MSA 88 Beneish M-Score is -2.79 as of Jul. 14, 2026. GuruFocus rates CAS:MSA with a GF Score™ of 88/100 and a GF Value™ of MAD551.32 (Significantly Overvalued). Among 964 Transportation companies, SODEP -Marsa Maroc ranks better than 69.81% 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 -2.79 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for SODEP -Marsa Maroc's Beneish M-Score or its related term are showing as below:
CAS:MSA'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.03 Med: -2.58 Max: -1.82
Current: -2.79
During the past 11 years, the highest Beneish M-Score of SODEP -Marsa Maroc was -1.82. The lowest was -3.03. And the median was -2.58.
SODEP -Marsa Maroc Beneish M-Score Related Terms
SODEP -Marsa Maroc Beneish M-Score Historical Data
* Premium members only.
The historical data trend for SODEP -Marsa Maroc'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 Marine Shipping subindustry, SODEP -Marsa Maroc'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.
SODEP -Marsa Maroc Beneish M-Score vs Transportation Industry
For the Transportation industry and Industrials sector, SODEP -Marsa Maroc's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where SODEP -Marsa Maroc'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 SODEP -Marsa Maroc 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 * 1.1308
+
0.528 * 0.9293
+
0.404 * 0.9187
+
0.892 * 1.1551
+
0.115 * 1
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1
+
4.679 * -0.113513
-
0.327 * 0.89
=
-2.79
* 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 / (0 + 3066.774))
/
(0 / (0 + 4016.163))
=
0
/
0
=
1
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
=
(1588.764 - 0
-
2648.149)
/
9332.718
=
-0.113513
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.
SODEP -Marsa Maroc has a M-score of -2.79 suggests that the company is unlikely to be a manipulator.
SODEP -Marsa Maroc (CAS:MSA) has a Beneish M-Score of -2.79 as of Jul. 14, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on SODEP -Marsa Maroc and its competitors. According to the industry distribution chart, SODEP -Marsa Maroc ranks #291 out of 964 companies in the Transportation industry, placing it in the top 30.2%.
Is SODEP -Marsa Maroc's Beneish M-Score too high?
SODEP -Marsa Maroc's current Beneish M-Score is -2.79. Based on the distribution chart, SODEP -Marsa Maroc ranks #291 out of 964 companies in the Transportation industry, which is above the industry midpoint. Overall, SODEP -Marsa Maroc has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SODEP -Marsa Maroc's Beneish M-Score compare to KEX?
According to the Transportation industry distribution chart, SODEP -Marsa Maroc ranks #291 out of 964 companies for Beneish M-Score. This puts SODEP -Marsa Maroc 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 Transportation company?
A good Beneish M-Score depends on the Transportation 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 SODEP -Marsa Maroc and its competitors. SODEP -Marsa Maroc's current Beneish M-Score is -2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SODEP -Marsa Maroc stock overvalued right now?
Based on GuruFocus' analysis, SODEP -Marsa Maroc (CAS:MSA) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD551.32, compared to a current price of MAD865.00 — trading 56.9% above its estimated fair value. The current Beneish M-Score is -2.79. SODEP -Marsa Maroc's overall GF Score™ is 88/100. 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 SODEP -Marsa Maroc (CAS:MSA), the current Beneish M-Score is -2.79 as of Jul. 14, 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 SODEP -Marsa Maroc (CAS:MSA) Overvalued in 2026?
Based on GuruFocus' analysis, SODEP -Marsa Maroc stock appears to be overvalued.
The current stock price of MAD865.00 is trading 56.9% above its estimated GF Value™ of MAD551.32.
GuruFocus considers SODEP -Marsa Maroc to be Significantly Overvalued.
Key valuation signals for CAS:MSA:
Beneish M-Score: -2.79
GF Value™: MAD551.32 vs. price of MAD865.00 (56.9% above fair value)
No single metric tells the full story. See the CAS:MSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SODEP -Marsa Maroc SA is engaged in the management of port terminals. The company offers its customers, importers and exporters, ship owners and shipping agents, freight forwarders, and logistics companies, a wide range of port logistics services. The services offered fall into two categories: services to ships such as piloting, towing, mooring and refueling; and services to goods which includes basic services like handling on board ships and on the dockside, storing, pointing, weighing, stuffing and unstuffing of containers and other related services. The company's segment consists of container, solid bulk, conventional, liquid bulk, Ro-Ro, passengers.
88GF Score
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