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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 -2.75 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for GDH Guangnan (Holdings)'s Beneish M-Score or its related term are showing as below:
FRA:GUJB'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.83 Med: -2.42 Max: -2
Current: -2.75
During the past 13 years, the highest Beneish M-Score of GDH Guangnan (Holdings) was -2.00. The lowest was -2.83. And the median was -2.42.
* 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:GUJB vs ADM, BG, TSN: Beneish M-Score Comparison
For the Farm Products subindustry, GDH Guangnan (Holdings)'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.
GDH Guangnan (Holdings) Beneish M-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, GDH Guangnan (Holdings)'s Beneish M-Score distribution charts can be found below:
* The bar in red indicates where GDH Guangnan (Holdings)'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 GDH Guangnan (Holdings) 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 * 0.8927
+
0.528 * 0.9499
+
0.404 * 0.9786
+
0.892 * 0.9054
+
0.115 * 1.1533
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.8283
+
4.679 * -0.042028
-
0.327 * 0.9955
=
-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.
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))
=
(15.494 / (15.494 + 207.87))
/
(12.448 / (12.448 + 194.505))
=
0.069367
/
0.060149
=
1.1533
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
=
(12.251 - 0
-
36.096)
/
567.363
=
-0.042028
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.
GDH Guangnan (Holdings) has a M-score of -2.85 suggests that the company is unlikely to be a manipulator.
GDH Guangnan (Holdings) (FRA:GUJB) has a Beneish M-Score of -2.75 as of Sep. 13, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on GDH Guangnan (Holdings) and its competitors. According to the industry distribution chart, GDH Guangnan (Holdings) ranks #573 out of 1888 companies in the Consumer Packaged Goods industry, placing it in the top 30.3%.
Is GDH Guangnan (Holdings)'s Beneish M-Score too high?
GDH Guangnan (Holdings)'s current Beneish M-Score is -2.75. Based on the distribution chart, GDH Guangnan (Holdings) ranks #573 out of 1888 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, GDH Guangnan (Holdings) has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GDH Guangnan (Holdings)'s Beneish M-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, GDH Guangnan (Holdings) ranks #573 out of 1888 companies for Beneish M-Score. This puts GDH Guangnan (Holdings) 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 GDH Guangnan (Holdings) and its competitors. GDH Guangnan (Holdings)'s current Beneish M-Score is -2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GDH Guangnan (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, GDH Guangnan (Holdings) (FRA:GUJB) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.09, compared to a current price of €0.06 — trading 28.9% below its estimated fair value. The current Beneish M-Score is -2.75. GDH Guangnan (Holdings)'s overall GF Score™ is 54/100 with 5 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 GDH Guangnan (Holdings) (FRA:GUJB), the current Beneish M-Score is -2.75 as of Sep. 13, 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 GDH Guangnan (Holdings) (FRA:GUJB) Overvalued in 2026?
Based on GuruFocus' analysis, GDH Guangnan (Holdings) stock appears to be undervalued.
The current stock price of €0.06 is trading 28.9% below its estimated GF Value™ of €0.09.
GuruFocus considers GDH Guangnan (Holdings) to be Modestly Undervalued.
Key valuation signals for FRA:GUJB:
Beneish M-Score: -2.75
GF Value™: €0.09 vs. price of €0.06 (28.9% below fair value)
No single metric tells the full story. See the FRA:GUJB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GDH Guangnan (Holdings) Ltd is an investment holding company engaged in the distribution and trading of fresh and live foodstuffs, provision of slaughtering service, manufacturing and sales of tinplate products, and property leasing. It operates through three business segments. The Tinplating segment is engaged in the production and sales of tinplates and related products, which are used as packaging materials for food processing manufacturers. The Fresh and Live Foodstuffs segment, which derives maximum revenue is engaged in the distribution, purchasing, and sales of fresh and live foodstuffs. The Property Leasing segment is engaged in the leasing of office and industrial premises to generate rental income. It also involves the operation of pig farming and the distribution of live pigs.
54GF Score
Get the complete analysis for FRA:GUJB
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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