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EuroseasMEX:ESEAN 50 Beneish M-Score is -1.49 as of Jul. 20, 2026. GuruFocus rates MEX:ESEAN with a GF Score™ of 50/100 and a GF Value™ of MXN622.24 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 966 Transportation companies, Euroseas ranks worse than 87.89% 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.
Warning Sign:
Beneish M-Score -1.49 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Euroseas's Beneish M-Score or its related term are showing as below:
MEX:ESEAN'
s Beneish M-Score Range Over the Past 10 Years
Min: -4.12 Med: -2.57 Max: 6.17
Current: -1.49
During the past 13 years, the highest Beneish M-Score of Euroseas was 6.17. The lowest was -4.12. And the median was -2.57.
Euroseas Beneish M-Score Related Terms
Euroseas Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Euroseas'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.
MEX:ESEAN vs PANL, CMDB, ASC: Beneish M-Score Comparison
For the Marine Shipping subindustry, Euroseas'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.
Euroseas Beneish M-Score vs Transportation Industry
For the Transportation industry and Industrials sector, Euroseas's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Euroseas'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 Euroseas 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 * 2.0495
+
0.528 * 0.9482
+
0.404 * 0.8979
+
0.892 * 0.9445
+
0.115 * 0.9495
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0004
+
4.679 * -0.019852
-
0.327 * 0.7742
=
-1.66
* 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))
=
(575.952 / (575.952 + 11094.768))
/
(498.989 / (498.989 + 9101.374))
=
0.04935
/
0.051976
=
0.9495
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
=
(2422.591 - 155.536
-
2525.763)
/
13031.908
=
-0.019852
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.
Euroseas has a M-score of -1.66 signals that the company is likely to be a manipulator.
Euroseas (MEX:ESEAN) has a Beneish M-Score of -1.49 as of Jul. 20, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Euroseas and its competitors. According to the industry distribution chart, Euroseas ranks #849 out of 966 companies in the Transportation industry, placing it in the top 87.9%.
Is Euroseas' Beneish M-Score too high?
Euroseas' current Beneish M-Score is -1.49. Based on the distribution chart, Euroseas ranks #849 out of 966 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Euroseas has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Euroseas' Beneish M-Score compare to PANL and CMDB?
According to the Transportation industry distribution chart, Euroseas ranks #849 out of 966 companies for Beneish M-Score. This places Euroseas 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 Transportation company?
A good Beneish M-Score depends on the Transportation 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 Euroseas and its competitors. Euroseas's current Beneish M-Score is -1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euroseas stock overvalued right now?
Based on GuruFocus' analysis, Euroseas (MEX:ESEAN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN622.24, compared to a current price of MXN1,174.50 — trading 88.8% above its estimated fair value. The current Beneish M-Score is -1.49. Euroseas' overall GF Score™ is 50/100 with 9 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 Euroseas (MEX:ESEAN), the current Beneish M-Score is -1.49 as of Jul. 20, 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 Euroseas (MEX:ESEAN) Overvalued in 2026?
Based on GuruFocus' analysis, Euroseas stock appears to be overvalued.
The current stock price of MXN1,174.50 is trading 88.8% above its estimated GF Value™ of MXN622.24.
GuruFocus considers Euroseas to be Significantly Overvalued.
Key valuation signals for MEX:ESEAN:
Beneish M-Score: -1.49
GF Value™: MXN622.24 vs. price of MXN1,174.50 (88.8% above fair value)
No single metric tells the full story. See the MEX:ESEAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Euroseas Ltd is a shipping company. Its fleet consists of containerships that transport container boxes, providing scheduled service between ports. Its operations are managed by an affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. The company employs its vessels on spot and period charters and through pool arrangements.
50GF Score
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Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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