Moneta Money Bank AS (CHIX:MONETK) Beneish M-Score: -2.49 (As of Jun. 24, 2026)


CHIX:MONETK Moneta Money Bank AS CHIX:MONETK
70 GF Score
Price Kč100.00
GF Value Kč73.71
! 4 Warning Signs
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What is Moneta Money Bank AS Beneish M-Score?

Moneta Money Bank AS CHIX:MONETK 70 Beneish M-Score is -2.49 as of Jun. 24, 2026. GuruFocus rates CHIX:MONETK with a GF Score™ of 70/100 and a GF Value™ of Kč73.71. The stock has 4 warning signs investors should review. Among 1,396 Banks companies, Moneta Money Bank AS ranks better than 67.98% on this metric.

Note: Financial institutions were excluded from the sample in Beneish paper when calculating Beneish M-Score. Thus, the prediction might not fit banks and insurance companies.

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 -2.49 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Moneta Money Bank AS's Beneish M-Score or its related term are showing as below:

CHIX:MONETk' s Beneish M-Score Range Over the Past 10 Years
Min: -3.38   Med: -2.7   Max: -2.05
Current: -2.49

During the past 11 years, the highest Beneish M-Score of Moneta Money Bank AS was -2.05. The lowest was -3.38. And the median was -2.70.

CHIX:MONETK
70GF Score
Moneta Money Bank AS CHIX:MONETK
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Moneta Money Bank AS Beneish M-Score Calculation

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 Moneta Money Bank AS 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+0.528 * 1+0.404 * 1.0004+0.892 * 1.0689+0.115 * 1.0146
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9513+4.679 * -0.017489-0.327 * 0.9928
=-2.49

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was Kč0 Mil.
Revenue was 3538 + 3599 + 3533 + 3412 = Kč14,082 Mil.
Gross Profit was 3538 + 3599 + 3533 + 3412 = Kč14,082 Mil.
Total Current Assets was Kč0 Mil.
Total Assets was Kč520,497 Mil.
Property, Plant and Equipment(Net PPE) was Kč2,312 Mil.
Depreciation, Depletion and Amortization(DDA) was Kč1,135 Mil.
Selling, General, & Admin. Expense(SGA) was Kč1,629 Mil.
Total Current Liabilities was Kč0 Mil.
Long-Term Debt & Capital Lease Obligation was Kč22,301 Mil.
Net Income was 1583 + 1601 + 1806 + 1628 = Kč6,618 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = Kč0 Mil.
Cash Flow from Operations was 13912 + 5424 + -8168 + 4553 = Kč15,721 Mil.
 Total Receivables was Kč0 Mil.
Revenue was 3377 + 3444 + 3247 + 3106 = Kč13,174 Mil.
Gross Profit was 3377 + 3444 + 3247 + 3106 = Kč13,174 Mil.
Total Current Assets was Kč0 Mil.
Total Assets was Kč500,735 Mil.
Property, Plant and Equipment(Net PPE) was Kč2,426 Mil.
Depreciation, Depletion and Amortization(DDA) was Kč1,217 Mil.
Selling, General, & Admin. Expense(SGA) was Kč1,602 Mil.
Total Current Liabilities was Kč0 Mil.
Long-Term Debt & Capital Lease Obligation was Kč21,609 Mil.

1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(0 / 14082) / (0 / 13174)
=0 / 0
=1

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(13174 / 13174) / (14082 / 14082)
=1 / 1
=1

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (0 + 2312) / 520497) / (1 - (0 + 2426) / 500735)
=0.995558 / 0.995155
=1.0004

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

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.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=14082 / 13174
=1.0689

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

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))
=(1217 / (1217 + 2426)) / (1135 / (1135 + 2312))
=0.334065 / 0.329272
=1.0146

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

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(1629 / 14082) / (1602 / 13174)
=0.11568 / 0.121603
=0.9513

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((22301 + 0) / 520497) / ((21609 + 0) / 500735)
=0.042846 / 0.043155
=0.9928

8. TATA = Total Accruals to Total Assets

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
=(6618 - 0 - 15721) / 520497
=-0.017489

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.

Moneta Money Bank AS has a M-score of -2.49 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -2.49 mean?
Moneta Money Bank AS (CHIX:MONETK) has a Beneish M-Score of -2.49 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Moneta Money Bank AS and its competitors. According to the industry distribution chart, Moneta Money Bank AS ranks #447 out of 1396 companies in the Banks industry, placing it in the top 32%.
Is Moneta Money Bank AS's Beneish M-Score too high?
Moneta Money Bank AS's current Beneish M-Score is -2.49. Based on the distribution chart, Moneta Money Bank AS ranks #447 out of 1396 companies in the Banks industry, which is above the industry midpoint. Overall, Moneta Money Bank AS has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Moneta Money Bank AS's Beneish M-Score compare to PNC and USB?
According to the Banks industry distribution chart, Moneta Money Bank AS ranks #447 out of 1396 companies for Beneish M-Score. This puts Moneta Money Bank AS 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 Banks company?
A good Beneish M-Score depends on the Banks 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 Moneta Money Bank AS and its competitors. Moneta Money Bank AS's current Beneish M-Score is -2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moneta Money Bank AS stock overvalued right now?
Moneta Money Bank AS (CHIX:MONETK) has a current Beneish M-Score of -2.49. The stock's GF Value™ is Kč73.71, compared to a current price of Kč100.00 — trading 35.7% above its estimated fair value. The current Beneish M-Score is -2.49. Moneta Money Bank AS's overall GF Score™ is 70/100 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 Moneta Money Bank AS (CHIX:MONETK), the current Beneish M-Score is -2.49 as of Jun. 24, 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 Moneta Money Bank AS (CHIX:MONETK) Overvalued in 2026?

Based on GuruFocus' analysis, Moneta Money Bank AS stock appears to be overvalued. The current stock price of Kč100.00 is trading 35.7% above its estimated GF Value™ of Kč73.71.

Key valuation signals for CHIX:MONETK:

  • Beneish M-Score: -2.49
  • GF Value™: Kč73.71 vs. price of Kč100.00 (35.7% above fair value)
  • GF Score™: 70/100 with 4 warning signs

No single metric tells the full story. See the CHIX:MONETK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Moneta Money Bank AS Business Description

Address Vyskocilova 1442/1b, Michle, 140 00, Prague 4, CZE, 140 28
Moneta Money Bank AS is a small and medium-sized enterprise banking institution based in the Czech Republic. The company's segment includes Commercial, Retail, and Other/Treasury. It generates maximum revenue from the Retail segment. The Retail segment focuses on deposits, loans, revolving products, credit cards, mortgages, building savings, and other transactions with retail customers. The Commercial segment consists of deposits, investment loans, revolving products, financing of real estate, and other services related to transactions with small and medium-sized enterprises, corporate clients, financial institutions, and public sector institutions. The Treasury Segment Performance and Other provides mainly the treasury function.
70GF Score

Get the complete analysis for CHIX:MONETK

Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Kč100.00
Price
Kč73.71
GF Value