Oncopeptides AB (LTS:0RN4) Beneish M-Score: 0.00 (As of Jul. 07, 2026)


LTS:0RN4 Oncopeptides AB LTS:0RN4
46 GF Score
Price kr1.66
GF Value kr4.23
Valuation Possible Value Trap
! 3 Warning Signs
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What is Oncopeptides AB Beneish M-Score?

Oncopeptides AB LTS:0RN4 -0.96% 46 Beneish M-Score is 0.00 as of Jul. 07, 2026. GuruFocus rates LTS:0RN4 with a GF Score™ of 46/100 and a GF Value™ of kr4.23 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 824 Biotechnology companies, Oncopeptides AB ranks worse than 121359.1% 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.

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

During the past 12 years, the highest Beneish M-Score of Oncopeptides AB was 5.70. The lowest was -15.85. And the median was -1.91.


Oncopeptides AB Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Oncopeptides AB'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.

Oncopeptides AB Beneish M-Score Chart

Oncopeptides AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -1.91 -0.20 -1.78 0.00

Oncopeptides AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -3.61 -0.60 -3.29 0.00 0.00

LTS:0RN4 vs VRTX, REGN, ALNY: Beneish M-Score Comparison

For the Biotechnology subindustry, Oncopeptides AB'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.


Oncopeptides AB Beneish M-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Oncopeptides AB's Beneish M-Score distribution charts can be found below:

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


LTS:0RN4
46GF Score
Oncopeptides AB LTS:0RN4
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Oncopeptides AB 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 Oncopeptides AB 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was kr41.63 Mil.
Revenue was 25.384 + 18.567 + 20.214 + 19.183 = kr83.35 Mil.
Gross Profit was 25.064 + 16.714 + 19.926 + 18.788 = kr80.49 Mil.
Total Current Assets was kr256.35 Mil.
Total Assets was kr271.89 Mil.
Property, Plant and Equipment(Net PPE) was kr15.55 Mil.
Depreciation, Depletion and Amortization(DDA) was kr0.00 Mil.
Selling, General, & Admin. Expense(SGA) was kr204.26 Mil.
Total Current Liabilities was kr56.31 Mil.
Long-Term Debt & Capital Lease Obligation was kr130.80 Mil.
Net Income was -32.185 + -65.173 + -60.894 + -62.849 = kr-221.10 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = kr0.00 Mil.
Cash Flow from Operations was -45.592 + -60.064 + -33.701 + -54.411 = kr-193.77 Mil.
Total Receivables was kr35.36 Mil.
Revenue was 13.267 + 9.914 + 8.507 + 8.155 = kr39.84 Mil.
Gross Profit was 13.351 + 9.187 + 7.805 + 7.208 = kr37.55 Mil.
Total Current Assets was kr148.60 Mil.
Total Assets was kr173.41 Mil.
Property, Plant and Equipment(Net PPE) was kr24.81 Mil.
Depreciation, Depletion and Amortization(DDA) was kr0.00 Mil.
Selling, General, & Admin. Expense(SGA) was kr196.92 Mil.
Total Current Liabilities was kr46.20 Mil.
Long-Term Debt & Capital Lease Obligation was kr118.39 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)
=(41.625 / 83.348) / (35.364 / 39.843)
=0.499412 / 0.887584
=

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)
=(37.551 / 39.843) / (80.492 / 83.348)
=0.942474 / 0.965734
=

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 - (256.345 + 15.546) / 271.891) / (1 - (148.598 + 24.812) / 173.41)
=0 / -0
=

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
=83.348 / 39.843
=

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))
=(0 / (0 + 24.812)) / (0 / (0 + 15.546))
=0 / 0
=

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)
=(204.255 / 83.348) / (196.92 / 39.843)
=2.450629 / 4.942399
=

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)
=((130.8 + 56.305) / 271.891) / ((118.387 + 46.2) / 173.41)
=0.688162 / 0.949121
=

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
=(-221.101 - 0 - -193.768) / 271.891
=-0.100529

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.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
Oncopeptides AB (LTS:0RN4) has a Beneish M-Score of 0.00 as of Jul. 07, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Oncopeptides AB and its competitors. According to the industry distribution chart, Oncopeptides AB ranks #999999 out of 824 companies in the Biotechnology industry.
Is Oncopeptides AB's Beneish M-Score too high?
Oncopeptides AB's current Beneish M-Score is 0.00. Based on the distribution chart, Oncopeptides AB ranks #999999 out of 824 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Oncopeptides AB has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Oncopeptides AB's Beneish M-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Oncopeptides AB ranks #999999 out of 824 companies for Beneish M-Score. This places Oncopeptides AB 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 a Biotechnology company?
A good Beneish M-Score depends on the Biotechnology 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 Oncopeptides AB and its competitors. Oncopeptides AB's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oncopeptides AB stock overvalued right now?
Based on GuruFocus' analysis, Oncopeptides AB (LTS:0RN4) is currently considered Possible Value Trap. The stock's GF Value™ is kr4.23, compared to a current price of kr1.66 — trading 60.8% below its estimated fair value. The current Beneish M-Score is 0.00. Oncopeptides AB's overall GF Score™ is 46/100 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 Oncopeptides AB (LTS:0RN4), the current Beneish M-Score is 0.00 as of Jul. 07, 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 Oncopeptides AB (LTS:0RN4) Overvalued in 2026?

Based on GuruFocus' analysis, Oncopeptides AB stock appears to be undervalued. The current stock price of kr1.66 is trading 60.8% below its estimated GF Value™ of kr4.23. GuruFocus considers Oncopeptides AB to be Possible Value Trap.

Key valuation signals for LTS:0RN4:

  • Beneish M-Score: 0.00
  • GF Value™: kr4.23 vs. price of kr1.66 (60.8% below fair value)
  • GF Score™: 46/100 with 3 warning signs

No single metric tells the full story. See the LTS:0RN4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oncopeptides AB Business Description

Address Luntmakargatan 46, Stockholm, SWE, SE-111 37
Oncopeptides AB is a Swedish biotech company focusing on the research, development, and commercialization of targeted therapies for difficult-to-treat cancers. The company uses its proprietary Peptide Drug Conjugate platform to develop compounds that rapidly and selectively deliver cytotoxic agents into cancer cells. It is a science-driven biotech company developing targeted therapies for hard-to-treat cancers, combining cutting-edge research, entrepreneurial spirit, and a deep commitment to improving patients' lives. Its flagship drug is currently being commercialized in Europe with partnership agreements for South Korea, the Middle East, Africa, and elsewhere. The company generates maximum revenue from Germany.
46GF Score

Get the complete analysis for LTS:0RN4

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

kr1.66
Price
kr4.23
GF Value