MHP Hotel AGFRA:CDZ0 -1.36%62 Beneish M-Score is -2.61 as of Jun. 25, 2026. GuruFocus rates FRA:CDZ0 with a GF Score™ of 62/100. The stock has 3 warning signs investors should review. Among 823 Travel & Leisure companies, MHP Hotel AG ranks worse than 51.88% 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 -2.61 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for MHP Hotel AG's Beneish M-Score or its related term are showing as below:
FRA:CDZ0'
s Beneish M-Score Range Over the Past 10 Years
Min: -11.62 Med: -2.11 Max: 14
Current: -2.61
During the past 13 years, the highest Beneish M-Score of MHP Hotel AG was 14.00. The lowest was -11.62. And the median was -2.11.
MHP Hotel AG Beneish M-Score Related Terms
MHP Hotel AG Beneish M-Score Historical Data
* Premium members only.
The historical data trend for MHP Hotel 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.
FRA:CDZ0 vs MAR, HLT, H: Beneish M-Score Comparison
For the Lodging subindustry, MHP Hotel 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.
MHP Hotel AG Beneish M-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, MHP Hotel AG's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where MHP Hotel AG'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 MHP Hotel 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 * 0.5058
+
0.528 * 1.0311
+
0.404 * 0.9367
+
0.892 * 1.1063
+
0.115 * 1.5158
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.1496
+
4.679 * 0.025563
-
0.327 * 0.7462
=
-2.61
* 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))
=
(8.324 / (8.324 + 8.731))
/
(7.436 / (7.436 + 15.658))
=
0.488068
/
0.321988
=
1.5158
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
=
(5.77 - 0
-
2.859)
/
113.874
=
0.025563
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.
MHP Hotel AG has a M-score of -2.61 suggests that the company is unlikely to be a manipulator.
MHP Hotel AG (FRA:CDZ0) has a Beneish M-Score of -2.61 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on MHP Hotel AG and its competitors. According to the industry distribution chart, MHP Hotel AG ranks #427 out of 823 companies in the Travel & Leisure industry, placing it in the top 51.9%.
Is MHP Hotel AG's Beneish M-Score too high?
MHP Hotel AG's current Beneish M-Score is -2.61. Based on the distribution chart, MHP Hotel AG ranks #427 out of 823 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, MHP Hotel AG has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does MHP Hotel AG's Beneish M-Score compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, MHP Hotel AG ranks #427 out of 823 companies for Beneish M-Score. This places MHP Hotel AG in the lower 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 Travel & Leisure company?
A good Beneish M-Score depends on the Travel & Leisure 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 MHP Hotel AG and its competitors. MHP Hotel AG's current Beneish M-Score is -2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MHP Hotel AG stock overvalued right now?
MHP Hotel AG (FRA:CDZ0) has a current Beneish M-Score of -2.61. The current Beneish M-Score is -2.61. MHP Hotel AG's overall GF Score™ is 62/100 with 3 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 MHP Hotel AG (FRA:CDZ0), the current Beneish M-Score is -2.61 as of Jun. 25, 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.
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