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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 -2.98 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for oOh media's Beneish M-Score or its related term are showing as below:
FRA:0OH'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.36 Med: -2.8 Max: -2.51
Current: -2.98
During the past 12 years, the highest Beneish M-Score of oOh media was -2.51. The lowest was -3.36. And the median was -2.80.
oOh media Beneish M-Score Related Terms
oOh media Beneish M-Score Historical Data
* Premium members only.
The historical data trend for oOh media'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.
FRA:0OH vs APP, OMC, TTD: Beneish M-Score Comparison
For the Advertising Agencies subindustry, oOh media'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.
oOh media Beneish M-Score vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, oOh media's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where oOh media'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 oOh media 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 * 0.9049
+
0.528 * 0.9922
+
0.404 * 0.8939
+
0.892 * 1.0205
+
0.115 * 1.0388
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9562
+
4.679 * -0.094372
-
0.327 * 1.0508
=
-3.04
* 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))
=
(111.075 / (111.075 + 536.643))
/
(115.286 / (115.286 + 583.075))
=
0.171487
/
0.165081
=
1.0388
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
=
(9.593 - -15.534
-
126.793)
/
1077.294
=
-0.094372
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.
oOh media has a M-score of -3.04 suggests that the company is unlikely to be a manipulator.
oOh media (FRA:0OH) has a Beneish M-Score of -2.98 as of Jul. 23, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on oOh media and its competitors. According to the industry distribution chart, oOh media ranks #246 out of 973 companies in the Media - Diversified industry, placing it in the top 25.3%.
Is oOh media's Beneish M-Score too high?
oOh media's current Beneish M-Score is -2.98. Based on the distribution chart, oOh media ranks #246 out of 973 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, oOh media has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does oOh media's Beneish M-Score compare to APP and OMC?
According to the Media - Diversified industry distribution chart, oOh media ranks #246 out of 973 companies for Beneish M-Score. This puts oOh media 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 Media - Diversified company?
A good Beneish M-Score depends on the Media - Diversified 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 oOh media and its competitors. oOh media's current Beneish M-Score is -2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is oOh media stock overvalued right now?
oOh media (FRA:0OH) has a current Beneish M-Score of -2.98. The stock's GF Value™ is €0.98, compared to a current price of €0.91 — trading 7.1% below its estimated fair value. The current Beneish M-Score is -2.98. oOh media's overall GF Score™ is 82/100 with 7 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 oOh media (FRA:0OH), the current Beneish M-Score is -2.98 as of Jul. 23, 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 oOh media (FRA:0OH) Overvalued in 2026?
Based on GuruFocus' analysis, oOh media stock appears to be undervalued.
The current stock price of €0.91 is trading 7.1% below its estimated GF Value™ of €0.98.
Key valuation signals for FRA:0OH:
Beneish M-Score: -2.98
GF Value™: €0.98 vs. price of €0.91 (7.1% below fair value)
No single metric tells the full story. See the FRA:0OH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OOh media operates a network of out-of-home advertising sites with a commanding 35% share of the Australian market, and also has a sizable presence in New Zealand. It boasts a diverse portfolio of locations to service the needs of out-of-home marketers, and is particularly strong in the roadside billboard, street furniture and rail, and retail (shopping malls) segments. OOh!media offers these advertising services by entering into space lease arrangements with owners of out-of-home sites, and extracting margins on those lease concessions from firms advertising on those sites. oOh!media is effectively an intermediary allowing site owners to monetize their visible space in high-traffic areas.
82GF Score
Get the complete analysis for FRA:0OH
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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