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.
Warning Sign:
Beneish M-Score -1.18 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Sabvest Capital's Beneish M-Score or its related term are showing as below:
JSE:SBP'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.14 Med: -1.57 Max: 110.58
Current: -1.18
During the past 10 years, the highest Beneish M-Score of Sabvest Capital was 110.58. The lowest was -3.14. And the median was -1.57.
Sabvest Capital Beneish M-Score Related Terms
Sabvest Capital Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Sabvest Capital'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.
JSE:SBP vs BLK, BX, KKR: Beneish M-Score Comparison
For the Asset Management subindustry, Sabvest Capital'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.
Sabvest Capital Beneish M-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Sabvest Capital's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Sabvest Capital'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 Sabvest Capital 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
+
0.528 * 1
+
0.404 * 1
+
0.892 * 1.3521
+
0.115 * 1
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1
+
4.679 * 0.193824
-
0.327 * 0.7634
=
-1.18
* 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))
=
(1.409 / (1.409 + 0))
/
(1.35 / (1.35 + 0))
=
1
/
1
=
1
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
=
(1123.155 - 0
-
-51.055)
/
6058.14
=
0.193824
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.
Sabvest Capital has a M-score of -1.18 signals that the company is likely to be a manipulator.
Sabvest Capital (JSE:SBP) has a Beneish M-Score of -1.18 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Sabvest Capital and its competitors. According to the industry distribution chart, Sabvest Capital ranks #732 out of 954 companies in the Asset Management industry, placing it in the top 76.7%.
Is Sabvest Capital's Beneish M-Score too high?
Sabvest Capital's current Beneish M-Score is -1.18. Based on the distribution chart, Sabvest Capital ranks #732 out of 954 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Sabvest Capital has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sabvest Capital's Beneish M-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Sabvest Capital ranks #732 out of 954 companies for Beneish M-Score. This places Sabvest Capital 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 an Asset Management company?
A good Beneish M-Score depends on the Asset Management 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 Sabvest Capital and its competitors. Sabvest Capital's current Beneish M-Score is -1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sabvest Capital stock overvalued right now?
Based on GuruFocus' analysis, Sabvest Capital (JSE:SBP) is currently considered Modestly Overvalued. The stock's GF Value™ is R123.58, compared to a current price of R147.00 — trading 19% above its estimated fair value. The current Beneish M-Score is -1.18. Sabvest Capital's overall GF Score™ is 90/100 with 6 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 Sabvest Capital (JSE:SBP), the current Beneish M-Score is -1.18 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 Sabvest Capital (JSE:SBP) Overvalued in 2026?
Based on GuruFocus' analysis, Sabvest Capital stock appears to be overvalued.
The current stock price of R147.00 is trading 19% above its estimated GF Value™ of R123.58.
GuruFocus considers Sabvest Capital to be Modestly Overvalued.
Key valuation signals for JSE:SBP:
Beneish M-Score: -1.18
GF Value™: R123.58 vs. price of R147.00 (19% above fair value)
No single metric tells the full story. See the JSE:SBP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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