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 -7.42 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Socket Mobile's Beneish M-Score or its related term are showing as below:
FRA:SNB1'
s Beneish M-Score Range Over the Past 10 Years
Min: -7.42 Med: -2.81 Max: 0.6
Current: -7.42
During the past 13 years, the highest Beneish M-Score of Socket Mobile was 0.60. The lowest was -7.42. And the median was -2.81.
Socket Mobile Beneish M-Score Related Terms
Socket Mobile Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Socket Mobile'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:SNB1 vs BTCT, AGMH, EBON: Beneish M-Score Comparison
For the Computer Hardware subindustry, Socket Mobile'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.
Socket Mobile Beneish M-Score vs Hardware Industry
For the Hardware industry and Technology sector, Socket Mobile's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Socket Mobile'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 Socket Mobile 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 * 1.2908
+
0.528 * 1.0101
+
0.404 * 0.247
+
0.892 * 0.7723
+
0.115 * 0.7933
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0313
+
4.679 * -0.92357
-
0.327 * 2.0392
=
-7.40
* 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))
=
(1.552 / (1.552 + 4.634))
/
(1.549 / (1.549 + 3.349))
=
0.250889
/
0.316252
=
0.7933
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
=
(-12.216 - 0
-
-1.111)
/
12.024
=
-0.92357
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.
Socket Mobile has a M-score of -7.40 suggests that the company is unlikely to be a manipulator.
Socket Mobile (FRA:SNB1) has a Beneish M-Score of -7.42 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Socket Mobile and its competitors. According to the industry distribution chart, Socket Mobile ranks #24 out of 2404 companies in the Hardware industry, placing it in the top 1%.
Is Socket Mobile's Beneish M-Score too high?
Socket Mobile's current Beneish M-Score is -7.42. Based on the distribution chart, Socket Mobile ranks #24 out of 2404 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Socket Mobile has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Socket Mobile's Beneish M-Score compare to BTCT and AGMH?
According to the Hardware industry distribution chart, Socket Mobile ranks #24 out of 2404 companies for Beneish M-Score. This places Socket Mobile in the top 1% 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 a Hardware company?
A good Beneish M-Score depends on the Hardware 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 Socket Mobile and its competitors. Socket Mobile's current Beneish M-Score is -7.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Socket Mobile stock overvalued right now?
Based on GuruFocus' analysis, Socket Mobile (FRA:SNB1) is currently considered Possible Value Trap. The stock's GF Value™ is €0.80, compared to a current price of €0.55 — trading 31.9% below its estimated fair value. The current Beneish M-Score is -7.42. Socket Mobile's overall GF Score™ is 26/100 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 Socket Mobile (FRA:SNB1), the current Beneish M-Score is -7.42 as of Jun. 26, 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 Socket Mobile (FRA:SNB1) Overvalued in 2026?
Based on GuruFocus' analysis, Socket Mobile stock appears to be undervalued.
The current stock price of €0.55 is trading 31.9% below its estimated GF Value™ of €0.80.
GuruFocus considers Socket Mobile to be Possible Value Trap.
Key valuation signals for FRA:SNB1:
Beneish M-Score: -7.42
GF Value™: €0.80 vs. price of €0.55 (31.9% below fair value)
No single metric tells the full story. See the FRA:SNB1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Socket Mobile Inc is a producer of data capture products. The company's products are integrated into mobile applications used in mobile point of sale (mPOS), commercial services (field workers), asset tracking, manufacturing process and quality control, transportation and logistics (goods tracking and movement), event management (ticketing, entry, access control, and identification), medical and education. The company offers barcode scanning products for both one-dimensional, including imager and laser, and two-dimensional barcode scanning in standard and durable cases. The company's geographical segments are the United States, Europe, Asia and Rest of the world, of which the majority of the revenue is generated from the United States.
26GF Score
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