Younited Financial (FRA:HT5) Beneish M-Score: -2.10 (As of Jun. 28, 2026)


FRA:HT5 Younited Financial SA FRA:HT5
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What is Younited Financial Beneish M-Score?

Younited Financial FRA:HT5 -2.50% 8 Beneish M-Score is -2.10 as of Jun. 28, 2026. GuruFocus rates FRA:HT5 with a GF Score™ of 8/100. The stock has 1 warning sign investors should review. Among 483 Credit Services companies, Younited Financial ranks worse than 54.45% 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 -2.1 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

FRA:HT5' s Beneish M-Score Range Over the Past 10 Years
Min: -5.67   Med: -2.01   Max: -1.5
Current: -2.1

During the past 6 years, the highest Beneish M-Score of Younited Financial was -1.50. The lowest was -5.67. And the median was -2.01.

Younited Financial Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Younited Financial'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.

Younited Financial Beneish M-Score Chart

Younited Financial Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 -1.91 -5.67 -1.50 -2.10

Younited Financial Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only -5.67 0.00 -1.50 0.00 -2.10

FRA:HT5 vs V, MA, AXP: Beneish M-Score Comparison

For the Credit Services subindustry, Younited Financial'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.

Younited Financial Beneish M-Score vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Younited Financial's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Younited Financial's Beneish M-Score falls into.


FRA:HT5
8GF Score
Younited Financial SA FRA:HT5
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Younited Financial 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 Younited Financial 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 * 1.0077+0.528 * 0.5944+0.404 * 1.4926+0.892 * 1.3311+0.115 * 1.2073
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9391+4.679 * 0.03375-0.327 * 1.2946
=-2.10

* 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 €1,178.46 Mil.
Revenue was €98.25 Mil.
Gross Profit was €40.91 Mil.
Total Current Assets was €1,445.97 Mil.
Total Assets was €1,530.80 Mil.
Property, Plant and Equipment(Net PPE) was €19.21 Mil.
Depreciation, Depletion and Amortization(DDA) was €26.42 Mil.
Selling, General, & Admin. Expense(SGA) was €42.24 Mil.
Total Current Liabilities was €99.69 Mil.
Long-Term Debt & Capital Lease Obligation was €114.43 Mil.
Net Income was €-1.72 Mil.
Gross Profit was €0.00 Mil.
Cash Flow from Operations was €-53.38 Mil.
 Total Receivables was €878.62 Mil.
Revenue was €73.81 Mil.
Gross Profit was €18.27 Mil.
Total Current Assets was €1,177.54 Mil.
Total Assets was €1,224.45 Mil.
Property, Plant and Equipment(Net PPE) was €11.74 Mil.
Depreciation, Depletion and Amortization(DDA) was €27.27 Mil.
Selling, General, & Admin. Expense(SGA) was €33.79 Mil.
Total Current Liabilities was €67.99 Mil.
Long-Term Debt & Capital Lease Obligation was €64.31 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)
=(1178.458 / 98.249) / (878.619 / 73.812)
=11.994606 / 11.903471
=1.0077

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)
=(18.27 / 73.812) / (40.913 / 98.249)
=0.247521 / 0.416422
=0.5944

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 - (1445.966 + 19.21) / 1530.798) / (1 - (1177.54 + 11.741) / 1224.448)
=0.042868 / 0.028721
=1.4926

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
=98.249 / 73.812
=1.3311

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))
=(27.27 / (27.27 + 11.741)) / (26.42 / (26.42 + 19.21))
=0.699034 / 0.579005
=1.2073

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)
=(42.238 / 98.249) / (33.79 / 73.812)
=0.429908 / 0.457785
=0.9391

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)
=((114.434 + 99.685) / 1530.798) / ((64.309 + 67.988) / 1224.448)
=0.139874 / 0.108046
=1.2946

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
=(-1.716 - 0 - -53.38) / 1530.798
=0.03375

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.

Younited Financial has a M-score of -2.10 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 -2.10 mean?
Younited Financial (FRA:HT5) has a Beneish M-Score of -2.10 as of Jun. 28, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Younited Financial and its competitors. According to the industry distribution chart, Younited Financial ranks #263 out of 483 companies in the Credit Services industry, placing it in the top 54.5%.
Is Younited Financial's Beneish M-Score too high?
Younited Financial's current Beneish M-Score is -2.10. Based on the distribution chart, Younited Financial ranks #263 out of 483 companies in the Credit Services industry, which is below the industry midpoint. Overall, Younited Financial has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Younited Financial's Beneish M-Score compare to V and MA?
According to the Credit Services industry distribution chart, Younited Financial ranks #263 out of 483 companies for Beneish M-Score. This places Younited Financial 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 Credit Services company?
A good Beneish M-Score depends on the Credit Services 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 Younited Financial and its competitors. Younited Financial's current Beneish M-Score is -2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Younited Financial stock overvalued right now?
Younited Financial (FRA:HT5) has a current Beneish M-Score of -2.10. The current Beneish M-Score is -2.10. Younited Financial's overall GF Score™ is 8/100 with 1 warning sign 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 Younited Financial (FRA:HT5), the current Beneish M-Score is -2.10 as of Jun. 28, 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.

Younited Financial Business Description

Address 17, Boulevard Friedrich Wilhelm Raiffeisen, Luxembourg, LUX, L-2411
Younited Financial SA is a specialized credit institution and investment services provider supervised by the ACPR and AMF in France, under the oversight of the ECB. By leveraging its powerful technology platform with open banking, modern APIs and artificial intelligence, Younited has built an efficient and scalable pan-European consumer credit platform to transform the European consumer loan market and help households reach financial well-being.
8GF Score

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

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