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Verbund AGLTS:0NR1 -1.97%74 Beneish M-Score is -2.65 as of Aug. 05, 2026. GuruFocus rates LTS:0NR1 with a GF Score™ of 74/100 and a GF Value™ of €58.78 (Fairly Valued). The stock has 5 warning signs investors should review. Among 395 Utilities - Independent Power Producers companies, Verbund AG ranks better than 53.92% 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 -2.65 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Verbund AG's Beneish M-Score or its related term are showing as below:
LTS:0NR1'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.54 Med: -2.59 Max: -1.75
Current: -2.65
During the past 13 years, the highest Beneish M-Score of Verbund AG was -1.75. The lowest was -3.54. And the median was -2.59.
The historical data trend for Verbund AG'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.
For the Utilities - Renewable subindustry, Verbund AG'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.
Verbund AG Beneish M-Score vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Verbund AG's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Verbund AG'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 Verbund AG 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 * 0.8729
+
0.528 * 1.0901
+
0.404 * 0.9625
+
0.892 * 0.972
+
0.115 * 1.2639
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0502
+
4.679 * -0.02306
-
0.327 * 0.9146
=
-2.65
* 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))
=
(754.326 / (754.326 + 13264.6))
/
(625.188 / (625.188 + 14060.1))
=
0.053808
/
0.042572
=
1.2639
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
=
(1489.402 - 0
-
1918.545)
/
18609.701
=
-0.02306
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.
Verbund AG has a M-score of -2.65 suggests that the company is unlikely to be a manipulator.
Verbund AG (LTS:0NR1) has a Beneish M-Score of -2.65 as of Aug. 05, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Verbund AG and its competitors. According to the industry distribution chart, Verbund AG ranks #182 out of 395 companies in the Utilities - Independent Power Producers industry, placing it in the top 46.1%.
Is Verbund AG's Beneish M-Score too high?
Verbund AG's current Beneish M-Score is -2.65. Based on the distribution chart, Verbund AG ranks #182 out of 395 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Verbund AG has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Verbund AG's Beneish M-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Verbund AG ranks #182 out of 395 companies for Beneish M-Score. This puts Verbund AG in the upper 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 Utilities - Independent Power Producers company?
A good Beneish M-Score depends on the Utilities - Independent Power Producers 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 Verbund AG and its competitors. Verbund AG's current Beneish M-Score is -2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verbund AG stock overvalued right now?
Based on GuruFocus' analysis, Verbund AG (LTS:0NR1) is currently considered Fairly Valued. The stock's GF Value™ is €58.78, compared to a current price of €58.40 — trading 0.6% below its estimated fair value. The current Beneish M-Score is -2.65. Verbund AG's overall GF Score™ is 74/100 with 5 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 Verbund AG (LTS:0NR1), the current Beneish M-Score is -2.65 as of Aug. 05, 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 Verbund AG (LTS:0NR1) Overvalued in 2026?
Based on GuruFocus' analysis, Verbund AG stock appears to be undervalued.
The current stock price of €58.40 is trading 0.6% below its estimated GF Value™ of €58.78.
GuruFocus considers Verbund AG to be Fairly Valued.
Key valuation signals for LTS:0NR1:
Beneish M-Score: -2.65
GF Value™: €58.78 vs. price of €58.40 (0.6% below fair value)
No single metric tells the full story. See the LTS:0NR1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1947 through a nationalization act, Verbund is the leading power producer in Austria. The Austrian state owns 51% of its capital. Hydro accounts for more than 90% of the total power output. Hydro power is generated from reservoirs and pumped storage plants in the Austrian Alps, and run-of-river plants in Austria and southern Germany. Total hydro capacity amounts to 8.4 GW. Verbund also owns the Austrian electricity grid through its fully owned subsidiary AP. In 2021, the firm acquired 51% of Gas Connect Austria, a gas transmission and distribution system operator. The group also owns one CCGT and is involved in trading and development of wind and solar capacity.
74GF Score
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