Daetwyler Holding AG (LTS:0QNJ) Beneish M-Score: -2.96 (As of Jun. 26, 2026)

What is Daetwyler Holding AG Beneish M-Score?

Daetwyler Holding AG LTS:0QNJ +1.12% 82 Beneish M-Score is -2.96 as of Jun. 26, 2026. GuruFocus rates LTS:0QNJ with a GF Score™ of 82/100 and a GF Value™ of CHF169.51 (Fairly Valued). The stock has 8 warning signs investors should review. Among 151 Industrial Distribution companies, Daetwyler Holding AG ranks better than 84.11% 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 -2.96 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

LTS:0QNJ' s Beneish M-Score Range Over the Past 10 Years
Min: -4.34 Med: -2.81 Max: -2.38
Current: -2.96

During the past 13 years, the highest Beneish M-Score of Daetwyler Holding AG was -2.38. The lowest was -4.34. And the median was -2.81.

Daetwyler Holding AG Beneish M-Score Related Terms

Daetwyler Holding AG Beneish M-Score Historical Data

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The historical data trend for Daetwyler Holding 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.

Daetwyler Holding AG Beneish M-Score Chart

Daetwyler Holding AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Beneish M-Score

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-2.38

-2.66

-3.00

-3.11

-2.96

Daetwyler Holding AG Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Beneish M-Score	Get a 7-Day Free Trial															-3.00	0.00	-3.11	0.00	-2.96

LTS:0QNJ vs GWW, FAST, FERG: Beneish M-Score Comparison

For the Industrial Distribution subindustry, Daetwyler Holding 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.

Daetwyler Holding AG Beneish M-Score vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Daetwyler Holding AG's Beneish M-Score distribution charts can be found below:

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

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82GF Score

Daetwyler Holding AG LTS:0QNJ

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

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Daetwyler Holding AG 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 Daetwyler Holding AG 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 * 1.0247

0.528 * 0.918

0.404 * 0.8923

0.892 * 0.9935

0.115 * 0.9419

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 1.0256

4.679 * -0.087299

0.327 * 0.9628

-2.96

This Year (Dec25) TTM:

Last Year (Dec24) TTM:

Total Receivables was CHF237 Mil.
Revenue was CHF1,101 Mil.
Gross Profit was CHF258 Mil.
Total Current Assets was CHF540 Mil.
Total Assets was CHF1,065 Mil.
Property, Plant and Equipment(Net PPE) was CHF449 Mil.
Depreciation, Depletion and Amortization(DDA) was CHF76 Mil.
Selling, General, & Admin. Expense(SGA) was CHF102 Mil.
Total Current Liabilities was CHF171 Mil.
Long-Term Debt & Capital Lease Obligation was CHF505 Mil.
Net Income was CHF81 Mil.
Gross Profit was CHF0 Mil.
Cash Flow from Operations was CHF174 Mil.

Total Receivables was CHF232 Mil.
Revenue was CHF1,108 Mil.
Gross Profit was CHF238 Mil.
Total Current Assets was CHF551 Mil.
Total Assets was CHF1,150 Mil.
Property, Plant and Equipment(Net PPE) was CHF508 Mil.
Depreciation, Depletion and Amortization(DDA) was CHF81 Mil.
Selling, General, & Admin. Expense(SGA) was CHF100 Mil.
Total Current Liabilities was CHF183 Mil.
Long-Term Debt & Capital Lease Obligation was CHF574 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)
	=	(236.5 / 1100.5)	/	(232.3 / 1107.7)
	=	0.214902	/	0.209714
	=	1.0247

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)
	=	(238.3 / 1107.7)	/	(257.9 / 1100.5)
	=	0.21513	/	0.234348
	=	0.918

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 - (540.3 + 449.3) / 1065.3)	/	(1 - (551 + 507.6) / 1150.2)
	=	0.07106	/	0.079638
	=	0.8923

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
	=	1100.5	/	1107.7
	=	0.9935

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))
	=	(80.5 / (80.5 + 507.6))	/	(76.4 / (76.4 + 449.3))
	=	0.136881	/	0.14533
	=	0.9419

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)
	=	(102.1 / 1100.5)	/	(100.2 / 1107.7)
	=	0.092776	/	0.090458
	=	1.0256

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)
	=	((504.6 + 170.6) / 1065.3)	/	((574.4 + 182.8) / 1150.2)
	=	0.633812	/	0.65832
	=	0.9628

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
	=	(80.8 - 0	-	173.8)	/	1065.3
	=	-0.087299

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.

Daetwyler Holding AG has a M-score of -2.96 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 -2.96 mean?

Daetwyler Holding AG (LTS:0QNJ) has a Beneish M-Score of -2.96 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Daetwyler Holding AG and its competitors. According to the industry distribution chart, Daetwyler Holding AG ranks #24 out of 151 companies in the Industrial Distribution industry, placing it in the top 15.9%.

Is Daetwyler Holding AG's Beneish M-Score too high?

Daetwyler Holding AG's current Beneish M-Score is -2.96. Based on the distribution chart, Daetwyler Holding AG ranks #24 out of 151 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Daetwyler Holding AG has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Daetwyler Holding AG's Beneish M-Score compare to GWW and FAST?

According to the Industrial Distribution industry distribution chart, Daetwyler Holding AG ranks #24 out of 151 companies for Beneish M-Score. This places Daetwyler Holding AG in the top 16% 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 Distribution company?

A good Beneish M-Score depends on the Industrial Distribution 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 Daetwyler Holding AG and its competitors. Daetwyler Holding AG's current Beneish M-Score is -2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Daetwyler Holding AG stock overvalued right now?

Based on GuruFocus' analysis, Daetwyler Holding AG (LTS:0QNJ) is currently considered Fairly Valued. The stock's GF Value™ is CHF169.51, compared to a current price of CHF162.20 — trading 4.3% below its estimated fair value. The current Beneish M-Score is -2.96. Daetwyler Holding AG's overall GF Score™ is 82/100 with 8 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 Daetwyler Holding AG (LTS:0QNJ), the current Beneish M-Score is -2.96 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 Daetwyler Holding AG (LTS:0QNJ) Overvalued in 2026?

Based on GuruFocus' analysis, Daetwyler Holding AG stock appears to be undervalued. The current stock price of CHF162.20 is trading 4.3% below its estimated GF Value™ of CHF169.51. GuruFocus considers Daetwyler Holding AG to be Fairly Valued.

Key valuation signals for LTS:0QNJ:

Beneish M-Score: -2.96
GF Value™: CHF169.51 vs. price of CHF162.20 (4.3% below fair value)
GF Score™: 82/100 with 8 warning signs

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

Daetwyler Holding AG Business Description

Industry Industrials Industrial Distribution

Comparable Companies XSWX:BOSN GWW FAST FERG WCC WSO TSX:TIH LSE:DPLM QXO AIT TSX:FTT OSTO:ADDT B CNM OSTO:INDT OSTO:BEIJ B POOL MSM ASX:REH XMTR SITE

Other Exchanges DAEz:UK 31D1:Germany DAE:Switzerland

Address Gotthardstrasse 31, Altdorf, CHE, 6460

Website https://www.datwyler.com

Daetwyler Holding AG is an international industrial supplier of elastomer products. Elastomer is a rubberlike, flexible material composed of polymers. The company focuses on supplying two markets: healthcare and industrial solutions. The healthcare segment offers components for delivery of injectable drugs and diagnostics in the pharmaceutical and medical markets. The industrial solutions segment manufactures customized system-critical components for applications in the mobility, food and beverage, oil and gas, and general industry markets. The majority of revenue comes from Europe, followed by the Americas and Asia and other markets.

82GF Score

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

CHF162.20

Price

CHF169.51

GF Value

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