Miko NVCHIX:MIKOB 81 Beneish M-Score is -2.57 as of Jun. 27, 2026. GuruFocus rates CHIX:MIKOB with a GF Score™ of 81/100 and a GF Value™ of €96.24. The stock has 9 warning signs investors should review. Among 1,849 Consumer Packaged Goods companies, Miko NV ranks better than 54.3% 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 -2.57 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Miko NV's Beneish M-Score or its related term are showing as below:
CHIX:MIKOb'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.56 Med: -2.63 Max: -1.62
Current: -2.57
During the past 13 years, the highest Beneish M-Score of Miko NV was -1.62. The lowest was -3.56. And the median was -2.63.
Miko NV Beneish M-Score Related Terms
Miko NV Beneish M-Score Historical Data
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The historical data trend for Miko NV'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.
CHIX:MIKOB vs KHC, GIS, JBS: Beneish M-Score Comparison
For the Packaged Foods subindustry, Miko NV'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.
Miko NV Beneish M-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Miko NV's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Miko NV'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 Miko NV 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 * 0.993
+
0.528 * 1.0746
+
0.404 * 0.9436
+
0.892 * 1.1276
+
0.115 * 0.9496
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.8825
+
4.679 * -0.046224
-
0.327 * 1.0512
=
-2.57
* 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))
=
(25.714 / (25.714 + 112.874))
/
(27.911 / (27.911 + 114.931))
=
0.185543
/
0.195398
=
0.9496
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
=
(11.767 - 0
-
27.073)
/
331.124
=
-0.046224
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.
Miko NV has a M-score of -2.57 suggests that the company is unlikely to be a manipulator.
Miko NV (CHIX:MIKOB) has a Beneish M-Score of -2.57 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Miko NV and its competitors. According to the industry distribution chart, Miko NV ranks #845 out of 1849 companies in the Consumer Packaged Goods industry, placing it in the top 45.7%.
Is Miko NV's Beneish M-Score too high?
Miko NV's current Beneish M-Score is -2.57. Based on the distribution chart, Miko NV ranks #845 out of 1849 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Miko NV has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Miko NV's Beneish M-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Miko NV ranks #845 out of 1849 companies for Beneish M-Score. This puts Miko NV 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 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 Miko NV and its competitors. Miko NV's current Beneish M-Score is -2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miko NV stock overvalued right now?
Miko NV (CHIX:MIKOB) has a current Beneish M-Score of -2.57. The stock's GF Value™ is €96.24, compared to a current price of €94.00 — trading 2.3% below its estimated fair value. The current Beneish M-Score is -2.57. Miko NV's overall GF Score™ is 81/100 with 9 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 Miko NV (CHIX:MIKOB), the current Beneish M-Score is -2.57 as of Jun. 27, 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 Miko NV (CHIX:MIKOB) Overvalued in 2026?
Based on GuruFocus' analysis, Miko NV stock appears to be undervalued.
The current stock price of €94.00 is trading 2.3% below its estimated GF Value™ of €96.24.
Key valuation signals for CHIX:MIKOB:
Beneish M-Score: -2.57
GF Value™: €96.24 vs. price of €94.00 (2.3% below fair value)
No single metric tells the full story. See the CHIX:MIKOB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Miko NV is involved in the business of producing and distributing coffee and plastic packaging. The company also manages its subsidiaries in European countries and Australia as well as sells its coffee concepts via independent distributors in countries across Europe and beyond. The sole business segment focuses exclusively on coffee, catering to the Out-of-Home market. This market includes offices, businesses, and restaurants where coffee is consumed away from home. Additionally, the segment supplies coffee to retail outlets. The various national subsidiaries within the coffee division all focus on the market segments of office coffee, the hospitality sector, and health care. It mainly operates in Belgium, England, Germany, New Zealand, France and others.
81GF Score
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