Life (LIFCF) Beneish M-Score: -3.12 (As of Jul. 03, 2026)

What is Life Beneish M-Score?

Life LIFCF 87 Beneish M-Score is -3.12 as of Jul. 03, 2026. GuruFocus rates LIFCF with a GF Score™ of 87/100 and a GF Value™ of $9.66. The stock has 2 warning signs investors should review. Among 291 Retail - Defensive companies, Life ranks better than 87.29% 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 -3.12 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

LIFCF' s Beneish M-Score Range Over the Past 10 Years
Min: -3.12 Med: -2.59 Max: -1.98
Current: -3.12

During the past 13 years, the highest Beneish M-Score of Life was -1.98. The lowest was -3.12. And the median was -2.59.

Life Beneish M-Score Related Terms

Life Beneish M-Score Historical Data

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The historical data trend for Life'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.

Life Beneish M-Score Chart

Life Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Feb25

Feb26

Beneish M-Score

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-1.98

-2.63

-2.77

-2.34

-3.12

Life Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26
Beneish M-Score	Get a 7-Day Free Trial															-2.34	0.00	0.00	0.00	-3.12

LIFCF vs KR: Beneish M-Score Comparison

For the Grocery Stores subindustry, Life'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.

Life Beneish M-Score vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Life's Beneish M-Score distribution charts can be found below:

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

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87GF Score

Life Corp LIFCF

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

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Life 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 Life for today is based on a combination of the following eight different indices:

-4.84

0.92 * DSRI

0.528 * GMI

0.404 * AQI

0.892 * SGI

0.115 * DEPI

-4.84

0.92 * 1.0681

0.528 * 0.9922

0.404 * 1.0712

0.892 * 1.0127

0.115 * 0.9579

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 0.9733

4.679 * -0.166012

0.327 * 0.9541

-3.14

This Year (Feb26) TTM:

Last Year (Feb25) TTM:

Total Receivables was $378 Mil.
Revenue was $5,682 Mil.
Gross Profit was $1,929 Mil.
Total Current Assets was $784 Mil.
Total Assets was $2,161 Mil.
Property, Plant and Equipment(Net PPE) was $1,012 Mil.
Depreciation, Depletion and Amortization(DDA) was $108 Mil.
Selling, General, & Admin. Expense(SGA) was $318 Mil.
Total Current Liabilities was $931 Mil.
Long-Term Debt & Capital Lease Obligation was $132 Mil.
Net Income was $121 Mil.
Gross Profit was $0 Mil.
Cash Flow from Operations was $480 Mil.

Total Receivables was $350 Mil.
Revenue was $5,611 Mil.
Gross Profit was $1,890 Mil.
Total Current Assets was $636 Mil.
Total Assets was $2,019 Mil.
Property, Plant and Equipment(Net PPE) was $1,065 Mil.
Depreciation, Depletion and Amortization(DDA) was $109 Mil.
Selling, General, & Admin. Expense(SGA) was $323 Mil.
Total Current Liabilities was $857 Mil.
Long-Term Debt & Capital Lease Obligation was $183 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)
	=	(378.249 / 5682.243)	/	(349.696 / 5611.177)
	=	0.066567	/	0.062321
	=	1.0681

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)
	=	(1890.202 / 5611.177)	/	(1929.245 / 5682.243)
	=	0.336864	/	0.339522
	=	0.9922

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 - (783.551 + 1012.266) / 2161.461)	/	(1 - (635.66 + 1064.52) / 2019.026)
	=	0.169165	/	0.157921
	=	1.0712

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
	=	5682.243	/	5611.177
	=	1.0127

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))
	=	(108.774 / (108.774 + 1064.52))	/	(108.471 / (108.471 + 1012.266))
	=	0.092708	/	0.096785
	=	0.9579

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)
	=	(317.901 / 5682.243)	/	(322.527 / 5611.177)
	=	0.055946	/	0.057479
	=	0.9733

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)
	=	((132.004 + 930.738) / 2161.461)	/	((183.293 + 857.199) / 2019.026)
	=	0.491678	/	0.515344
	=	0.9541

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
	=	(121.353 - 0	-	480.182)	/	2161.461
	=	-0.166012

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.

Life has a M-score of -3.14 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 -3.12 mean?

Life (LIFCF) has a Beneish M-Score of -3.12 as of Jul. 03, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Life and its competitors. According to the industry distribution chart, Life ranks #37 out of 291 companies in the Retail - Defensive industry, placing it in the top 12.7%.

Is Life's Beneish M-Score too high?

Life's current Beneish M-Score is -3.12. Based on the distribution chart, Life ranks #37 out of 291 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Life has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.

How does Life's Beneish M-Score compare to KR?

According to the Retail - Defensive industry distribution chart, Life ranks #37 out of 291 companies for Beneish M-Score. This places Life in the top 13% 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 Retail - Defensive company?

A good Beneish M-Score depends on the Retail - Defensive 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 Life and its competitors. Life's current Beneish M-Score is -3.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Life stock overvalued right now?

Life (LIFCF) has a current Beneish M-Score of -3.12. The stock's GF Value™ is $9.66, compared to a current price of $11.02 — trading 14% above its estimated fair value. The current Beneish M-Score is -3.12. Life's overall GF Score™ is 87/100 with 2 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 Life (LIFCF), the current Beneish M-Score is -3.12 as of Jul. 03, 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 Life (LIFCF) Overvalued in 2026?

Based on GuruFocus' analysis, Life stock appears to be overvalued. The current stock price of $11.02 is trading 14% above its estimated GF Value™ of $9.66.

Key valuation signals for LIFCF:

Beneish M-Score: -3.12
GF Value™: $9.66 vs. price of $11.02 (14% above fair value)
GF Score™: 87/100 with 2 warning signs

No single metric tells the full story. See the LIFCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Life Business Description

Industry Consumer Defensive Retail - Defensive

Comparable Companies TSE:9974 TSE:8242 TSE:8198 TSE:8255 TSE:417A TSE:2742 TSE:3539 TSE:7508 TSE:8167 TSE:2791 TSX:L LSE:TSCO XAMS:AD KR ASX:WOW TSX:WN TSE:3382 ASX:COL TSX:MRU XPAR:CA

Other Exchanges 8194:Japan

Address 2-2-22 Nishimiyahara, Yodogawa-ku, Osaka, JPN, 110-0016

Website https://www.lifecorp.jp

Life Corp is a Japanese supermarket chain operator. The company is domiciled in Japan and generates the majority of revenue domestically. Life Corporation operates stores in Osaka, Tokyo, Hyogo, Kyoto, Nara, Saitama, Chiba, and Kanagawa, and derives the majority of revenue from stores located in Osaka and Tokyo. The company's supermarkets focus on the retail of seafood products, bakery products, food products, fresh fruit and vegetables, meat products, clothing, toilet paper, and craft products. The supermarkets carry a private-label brand of packaged foods.

87GF Score

Get the complete analysis for LIFCF

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

$11.02

Price

$9.66

GF Value

View LIFCF Analysis

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