Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Future Vision II AcquisitionFVN +2.92%17 Beneish M-Score is 0.00 as of Aug. 20, 2026. GuruFocus rates FVN with a GF Score™ of 17/100. Among 84 Diversified Financial Services companies, Future Vision II Acquisition ranks worse than 1190475% 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.
The historical rank and industry rank for Future Vision II Acquisition's Beneish M-Score or its related term are showing as below:
During the past 2 years, the highest Beneish M-Score of Future Vision II Acquisition was 0.00. The lowest was 0.00. And the median was 0.00.
* 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.
Future Vision II Acquisition Beneish M-Score Chart
FVN vs AASP, PHYTF, APAC: Beneish M-Score Comparison
For the Shell Companies subindustry, Future Vision II Acquisition'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.
Future Vision II Acquisition Beneish M-Score vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Future Vision II Acquisition's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Future Vision II Acquisition's Beneish M-Score falls into.
Future Vision II Acquisition 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 Future Vision II Acquisition 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 *
+
0.528 *
+
0.404 *
+
0.892 *
+
0.115 *
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 *
+
4.679 *
-
0.327 *
=
* 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))
=
(0 / (0 + 0))
/
(0 / (0 + 0))
=
/
=
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
=
(1.893 - 2.285
-
-0.342)
/
63.715
=
-0.000785
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.
Future Vision II Acquisition (FVN) has a Beneish M-Score of 0.00 as of Aug. 20, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Future Vision II Acquisition and its competitors. According to the industry distribution chart, Future Vision II Acquisition ranks #999999 out of 84 companies in the Diversified Financial Services industry.
Is Future Vision II Acquisition's Beneish M-Score too high?
Future Vision II Acquisition's current Beneish M-Score is 0.00. Based on the distribution chart, Future Vision II Acquisition ranks #999999 out of 84 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Future Vision II Acquisition has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Future Vision II Acquisition's Beneish M-Score compare to AASP and PHYTF?
According to the Diversified Financial Services industry distribution chart, Future Vision II Acquisition ranks #999999 out of 84 companies for Beneish M-Score. This places Future Vision II Acquisition 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 Diversified Financial Services company?
A good Beneish M-Score depends on the Diversified Financial 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 Future Vision II Acquisition and its competitors. Future Vision II Acquisition's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Vision II Acquisition stock overvalued right now?
Future Vision II Acquisition (FVN) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Future Vision II Acquisition's overall GF Score™ is 17/100. 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 Future Vision II Acquisition (FVN), the current Beneish M-Score is 0.00 as of Aug. 20, 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FVN has been successfully added to your 
