Yonga Mobilyanayi ve Ticaret AS (IST:YONGA) Beneish M-Score: 0.00 (As of Jun. 26, 2026)


What is Yonga Mobilyanayi ve Ticaret AS Beneish M-Score?

Yonga Mobilyanayi ve Ticaret AS IST:YONGA -3.91% Beneish M-Score is 0.00 as of Jun. 26, 2026.

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 Yonga Mobilyanayi ve Ticaret AS's Beneish M-Score or its related term are showing as below:

During the past 4 years, the highest Beneish M-Score of Yonga Mobilyanayi ve Ticaret AS was 0.00. The lowest was 0.00. And the median was 0.00.

Yonga Mobilyanayi ve Ticaret AS Beneish M-Score Historical Data

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The historical data trend for Yonga Mobilyanayi ve Ticaret AS'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.

Yonga Mobilyanayi ve Ticaret AS Beneish M-Score Chart

Yonga Mobilyanayi ve Ticaret AS Annual Data
Trend Dec11 Dec12 Dec16 Dec17
Beneish M-Score
0.00 0.00 -2.11 12.06

Yonga Mobilyanayi ve Ticaret AS Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Jun16 Dec16 Jun17 Dec17
Beneish M-Score Get a 7-Day Free Trial 0.00 0.00 -2.11 0.00 12.06

IST:YONGA vs RGBD, SNTW, BIIO: Beneish M-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, Yonga Mobilyanayi ve Ticaret AS'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.

Yonga Mobilyanayi ve Ticaret AS Beneish M-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Yonga Mobilyanayi ve Ticaret AS's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Yonga Mobilyanayi ve Ticaret AS's Beneish M-Score falls into.


Yonga Mobilyanayi ve Ticaret AS 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 Yonga Mobilyanayi ve Ticaret AS 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 * 1.8654+0.528 * 26.3391+0.404 * 1.7487+0.892 * 0.9586+0.115 * 0.9207
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.1992+4.679 * 0.051845-0.327 * 2.4291
=11.69

* 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 (Dec17) TTM:Last Year (Dec16) TTM:
Total Receivables was ₺6.07 Mil.
Revenue was ₺49.44 Mil.
Gross Profit was ₺0.27 Mil.
Total Current Assets was ₺19.17 Mil.
Total Assets was ₺35.74 Mil.
Property, Plant and Equipment(Net PPE) was ₺16.13 Mil.
Depreciation, Depletion and Amortization(DDA) was ₺1.36 Mil.
Selling, General, & Admin. Expense(SGA) was ₺3.47 Mil.
Total Current Liabilities was ₺14.99 Mil.
Long-Term Debt & Capital Lease Obligation was ₺0.00 Mil.
Net Income was ₺-5.08 Mil.
Gross Profit was ₺0.00 Mil.
Cash Flow from Operations was ₺-6.94 Mil.
 Total Receivables was ₺3.39 Mil.
Revenue was ₺51.58 Mil.
Gross Profit was ₺7.34 Mil.
Total Current Assets was ₺17.60 Mil.
Total Assets was ₺33.90 Mil.
Property, Plant and Equipment(Net PPE) was ₺16.06 Mil.
Depreciation, Depletion and Amortization(DDA) was ₺1.24 Mil.
Selling, General, & Admin. Expense(SGA) was ₺3.02 Mil.
Total Current Liabilities was ₺5.86 Mil.
Long-Term Debt & Capital Lease Obligation was ₺0.00 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)
=(6.069 / 49.442) / (3.394 / 51.578)
=0.12275 / 0.065803
=1.8654

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)
=(7.336 / 51.578) / (0.267 / 49.442)
=0.142231 / 0.0054
=26.3391

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 - (19.166 + 16.127) / 35.741) / (1 - (17.603 + 16.056) / 33.902)
=0.012535 / 0.007168
=1.7487

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
=49.442 / 51.578
=0.9586

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))
=(1.242 / (1.242 + 16.056)) / (1.364 / (1.364 + 16.127))
=0.0718 / 0.077983
=0.9207

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)
=(3.466 / 49.442) / (3.015 / 51.578)
=0.070102 / 0.058455
=1.1992

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)
=((0 + 14.994) / 35.741) / ((0 + 5.855) / 33.902)
=0.419518 / 0.172704
=2.4291

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
=(-5.084 - 0 - -6.937) / 35.741
=0.051845

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.

Yonga Mobilyanayi ve Ticaret AS has a M-score of 11.69 signals that the company is likely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
Yonga Mobilyanayi ve Ticaret AS (IST:YONGA) has a Beneish M-Score of 0.00 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Yonga Mobilyanayi ve Ticaret AS and its competitors.
Is Yonga Mobilyanayi ve Ticaret AS's Beneish M-Score too high?
Yonga Mobilyanayi ve Ticaret AS's current Beneish M-Score is 0.00.
How does Yonga Mobilyanayi ve Ticaret AS's Beneish M-Score compare to RGBD and SNTW?
Yonga Mobilyanayi ve Ticaret AS's Beneish M-Score of 0.00 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Beneish M-Score depends on the Furnishings, Fixtures & Appliances 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 Yonga Mobilyanayi ve Ticaret AS and its competitors. Yonga Mobilyanayi ve Ticaret AS'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 Yonga Mobilyanayi ve Ticaret AS stock overvalued right now?
Yonga Mobilyanayi ve Ticaret AS (IST:YONGA) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. 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 Yonga Mobilyanayi ve Ticaret AS (IST:YONGA), the current Beneish M-Score is 0.00 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.

Yonga Mobilyanayi ve Ticaret AS Business Description

Address Kale Mah. Ataturk Bul. No. 196, Pamukkale, Denizli, TUR, 20180
Yonga Mobilya Sanayi ve Ticaret AS is engaged in the manufacturing furniture in Turkey.