DATWY (Daetwyler Holding AG) Beneish M-Score: -2.96 (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DATWY Daetwyler Holding AG DATWY
85 GF Score
Price $84.00
GF Value $90.28
! 8 Warning Signs
View Full Analysis

What is Daetwyler Holding AG Beneish M-Score?

Daetwyler Holding AG DATWY 85 Beneish M-Score is -2.96 as of Jul. 14, 2026. GuruFocus rates DATWY with a GF Score™ of 85/100 and a GF Value™ of $90.28. The stock has 8 warning signs investors should review. Among 152 Industrial Distribution companies, Daetwyler Holding AG ranks better than 83.55% 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 -2.96 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Daetwyler Holding AG's Beneish M-Score or its related term are showing as below:

DATWY' s Beneish M-Score Range Over the Past 10 Years
Min: -4.34   Med: -2.81   Max: -2.38
Current: -2.96

During the past 13 years, the highest Beneish M-Score of Daetwyler Holding AG was -2.38. The lowest was -4.34. And the median was -2.81.


Daetwyler Holding AG Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Daetwyler Holding 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.

Daetwyler Holding AG Beneish M-Score Chart

Daetwyler Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.38 -2.66 -3.00 -3.11 -2.96

Daetwyler Holding AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.00 0.00 -3.11 0.00 -2.96

DATWY vs GWW, FAST, FERG: Beneish M-Score Comparison

For the Industrial Distribution subindustry, Daetwyler Holding 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.


Daetwyler Holding AG Beneish M-Score vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Daetwyler Holding AG's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Daetwyler Holding AG's Beneish M-Score falls into.


DATWY
85GF Score
Daetwyler Holding AG DATWY
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daetwyler Holding AG 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 Daetwyler Holding 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 * 1.0247+0.528 * 0.918+0.404 * 0.8923+0.892 * 1.1116+0.115 * 0.9419
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0256+4.679 * -0.087299-0.327 * 0.9628
=-2.85

* 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was $297 Mil.
Revenue was $1,381 Mil.
Gross Profit was $324 Mil.
Total Current Assets was $678 Mil.
Total Assets was $1,337 Mil.
Property, Plant and Equipment(Net PPE) was $564 Mil.
Depreciation, Depletion and Amortization(DDA) was $96 Mil.
Selling, General, & Admin. Expense(SGA) was $128 Mil.
Total Current Liabilities was $214 Mil.
Long-Term Debt & Capital Lease Obligation was $633 Mil.
Net Income was $101 Mil.
Gross Profit was $0 Mil.
Cash Flow from Operations was $218 Mil.
Total Receivables was $261 Mil.
Revenue was $1,242 Mil.
Gross Profit was $267 Mil.
Total Current Assets was $618 Mil.
Total Assets was $1,290 Mil.
Property, Plant and Equipment(Net PPE) was $569 Mil.
Depreciation, Depletion and Amortization(DDA) was $90 Mil.
Selling, General, & Admin. Expense(SGA) was $112 Mil.
Total Current Liabilities was $205 Mil.
Long-Term Debt & Capital Lease Obligation was $644 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)
=(296.775 / 1380.976) / (260.543 / 1242.373)
=0.214902 / 0.209714
=1.0247

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)
=(267.272 / 1242.373) / (323.629 / 1380.976)
=0.21513 / 0.234348
=0.918

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 - (678.002 + 563.81) / 1336.805) / (1 - (617.99 + 569.314) / 1290.04)
=0.07106 / 0.079638
=0.8923

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
=1380.976 / 1242.373
=1.1116

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))
=(90.287 / (90.287 + 569.314)) / (95.872 / (95.872 + 563.81))
=0.136881 / 0.145331
=0.9419

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)
=(128.121 / 1380.976) / (112.382 / 1242.373)
=0.092776 / 0.090458
=1.0256

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)
=((633.204 + 214.08) / 1336.805) / ((644.235 + 205.025) / 1290.04)
=0.633813 / 0.658321
=0.9628

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
=(101.393 - 0 - 218.095) / 1336.805
=-0.087299

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.

Daetwyler Holding AG has a M-score of -2.85 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 -2.96 mean?
Daetwyler Holding AG (DATWY) has a Beneish M-Score of -2.96 as of Jul. 14, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Daetwyler Holding AG and its competitors. According to the industry distribution chart, Daetwyler Holding AG ranks #25 out of 152 companies in the Industrial Distribution industry, placing it in the top 16.4%.
Is Daetwyler Holding AG's Beneish M-Score too high?
Daetwyler Holding AG's current Beneish M-Score is -2.96. Based on the distribution chart, Daetwyler Holding AG ranks #25 out of 152 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Daetwyler Holding AG has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Daetwyler Holding AG's Beneish M-Score compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Daetwyler Holding AG ranks #25 out of 152 companies for Beneish M-Score. This places Daetwyler Holding AG in the top 16% 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 an Industrial Distribution company?
A good Beneish M-Score depends on the Industrial Distribution 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 Daetwyler Holding AG and its competitors. Daetwyler Holding AG's current Beneish M-Score is -2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daetwyler Holding AG stock overvalued right now?
Daetwyler Holding AG (DATWY) has a current Beneish M-Score of -2.96. The stock's GF Value™ is $90.28, compared to a current price of $84.00 — trading 7% below its estimated fair value. The current Beneish M-Score is -2.96. Daetwyler Holding AG's overall GF Score™ is 85/100 with 8 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 Daetwyler Holding AG (DATWY), the current Beneish M-Score is -2.96 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 Daetwyler Holding AG (DATWY) Overvalued in 2026?

Based on GuruFocus' analysis, Daetwyler Holding AG stock appears to be undervalued. The current stock price of $84.00 is trading 7% below its estimated GF Value™ of $90.28.

Key valuation signals for DATWY:

  • Beneish M-Score: -2.96
  • GF Value™: $90.28 vs. price of $84.00 (7% below fair value)
  • GF Score™: 85/100 with 8 warning signs

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


Daetwyler Holding AG Business Description

Address Gotthardstrasse 31, Altdorf, CHE, 6460
Daetwyler Holding AG is an international industrial supplier of elastomer products. Elastomer is a rubberlike, flexible material composed of polymers. The company focuses on supplying two markets: healthcare and industrial solutions. The healthcare segment offers components for delivery of injectable drugs and diagnostics in the pharmaceutical and medical markets. The industrial solutions segment manufactures customized system-critical components for applications in the mobility, food and beverage, oil and gas, and general industry markets. The majority of revenue comes from Europe, followed by the Americas and Asia and other markets.
85GF Score

Get the complete analysis for DATWY

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

$84.00
Price
$90.28
GF Value