Media 6 (LTS:0I3O) Beneish M-Score: -3.13 (As of Jul. 04, 2026)


LTS:0I3O Media 6 SA LTS:0I3O
61 GF Score
Price €10.53
GF Value €10.81
! 3 Warning Signs
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What is Media 6 Beneish M-Score?

Media 6 LTS:0I3O 61 Beneish M-Score is -3.13 as of Jul. 04, 2026. GuruFocus rates LTS:0I3O with a GF Score™ of 61/100 and a GF Value™ of €10.81. The stock has 3 warning signs investors should review. Among 2,918 Industrial Products companies, Media 6 ranks better than 90.75% 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 -3.13 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Media 6's Beneish M-Score or its related term are showing as below:

LTS:0I3O' s Beneish M-Score Range Over the Past 10 Years
Min: -3.13   Med: -2.64   Max: -1.84
Current: -3.13

During the past 13 years, the highest Beneish M-Score of Media 6 was -1.84. The lowest was -3.13. And the median was -2.64.


Media 6 Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Media 6'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.

Media 6 Beneish M-Score Chart

Media 6 Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.55 -1.84 -2.55 -2.81 -3.13

Media 6 Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.55 0.00 -2.81 0.00 -3.13

Media 6 Beneish M-Score Competitor Comparison

For the Business Equipment & Supplies subindustry, Media 6'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.


Media 6 Beneish M-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Media 6's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Media 6's Beneish M-Score falls into.


LTS:0I3O
61GF Score
Media 6 SA LTS:0I3O
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Media 6 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 Media 6 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 * 1.0376+0.528 * 1.0227+0.404 * 0.9775+0.892 * 0.9328+0.115 * 0.8946
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.119208-0.327 * 1.1722
=-3.13

* 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 (Sep25) TTM:Last Year (Sep24) TTM:
Total Receivables was €16.03 Mil.
Revenue was €82.27 Mil.
Gross Profit was €40.70 Mil.
Total Current Assets was €33.23 Mil.
Total Assets was €70.68 Mil.
Property, Plant and Equipment(Net PPE) was €20.55 Mil.
Depreciation, Depletion and Amortization(DDA) was €4.76 Mil.
Selling, General, & Admin. Expense(SGA) was €0.00 Mil.
Total Current Liabilities was €30.98 Mil.
Long-Term Debt & Capital Lease Obligation was €13.58 Mil.
Net Income was €-4.67 Mil.
Gross Profit was €0.00 Mil.
Cash Flow from Operations was €3.75 Mil.
Total Receivables was €16.56 Mil.
Revenue was €88.20 Mil.
Gross Profit was €44.63 Mil.
Total Current Assets was €33.81 Mil.
Total Assets was €67.02 Mil.
Property, Plant and Equipment(Net PPE) was €16.81 Mil.
Depreciation, Depletion and Amortization(DDA) was €3.40 Mil.
Selling, General, & Admin. Expense(SGA) was €0.00 Mil.
Total Current Liabilities was €27.18 Mil.
Long-Term Debt & Capital Lease Obligation was €8.87 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)
=(16.026 / 82.266) / (16.559 / 88.197)
=0.194807 / 0.18775
=1.0376

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)
=(44.629 / 88.197) / (40.702 / 82.266)
=0.506015 / 0.494761
=1.0227

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 - (33.233 + 20.545) / 70.675) / (1 - (33.812 + 16.814) / 67.018)
=0.23908 / 0.244591
=0.9775

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
=82.266 / 88.197
=0.9328

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))
=(3.4 / (3.4 + 16.814)) / (4.757 / (4.757 + 20.545))
=0.1682 / 0.188009
=0.8946

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)
=(0 / 82.266) / (0 / 88.197)
=0 / 0
=1

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)
=((13.577 + 30.978) / 70.675) / ((8.865 + 27.179) / 67.018)
=0.630421 / 0.537826
=1.1722

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
=(-4.671 - 0 - 3.754) / 70.675
=-0.119208

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.

Media 6 has a M-score of -3.13 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 -3.13 mean?
Media 6 (LTS:0I3O) has a Beneish M-Score of -3.13 as of Jul. 04, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Media 6 and its competitors. According to the industry distribution chart, Media 6 ranks #270 out of 2918 companies in the Industrial Products industry, placing it in the top 9.3%.
Is Media 6's Beneish M-Score too high?
Media 6's current Beneish M-Score is -3.13. Based on the distribution chart, Media 6 ranks #270 out of 2918 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Media 6 has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Media 6's Beneish M-Score compare to competitors?
According to the Industrial Products industry distribution chart, Media 6 ranks #270 out of 2918 companies for Beneish M-Score. This places Media 6 in the top 9% 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 an Industrial Products company?
A good Beneish M-Score depends on the Industrial Products 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 Media 6 and its competitors. Media 6's current Beneish M-Score is -3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Media 6 stock overvalued right now?
Media 6 (LTS:0I3O) has a current Beneish M-Score of -3.13. The stock's GF Value™ is €10.81, compared to a current price of €10.53 — trading 2.6% below its estimated fair value. The current Beneish M-Score is -3.13. Media 6's overall GF Score™ is 61/100 with 3 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 Media 6 (LTS:0I3O), the current Beneish M-Score is -3.13 as of Jul. 04, 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 Media 6 (LTS:0I3O) Overvalued in 2026?

Based on GuruFocus' analysis, Media 6 stock appears to be undervalued. The current stock price of €10.53 is trading 2.6% below its estimated GF Value™ of €10.81.

Key valuation signals for LTS:0I3O:

  • Beneish M-Score: -3.13
  • GF Value™: €10.81 vs. price of €10.53 (2.6% below fair value)
  • GF Score™: 61/100 with 3 warning signs

No single metric tells the full story. See the LTS:0I3O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Media 6 Business Description

Other Exchanges EDI:France
Address 33 Avenue du Bois de la Pie, Tremblay en France, Paris, FRA, 93290
Media 6 SA is engaged in point-of-sale (POS) advertising. The company's business divisions are manufacturing of communication supports and commercial furniture which also generates maximum revenue includes window displays, shelf displays, terminals, stands, corner units and floor displays among others. Services division is engaged in execution of advertising campaigns at points of sale, attractive product display designs, point-of-sale activities, and advertising furniture outfitting. Geographically, the firm generates a majority of its revenue from France.
61GF Score

Get the complete analysis for LTS:0I3O

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

€10.53
Price
€10.81
GF Value