Rosseti Moscow Region PJSC (MIC:MSRS) Beneish M-Score: 0.00 (As of Jun. 26, 2026)


MIC:MSRS Rosseti Moscow Region PJSC MIC:MSRS
41 GF Score
Price ₽1.63
! 7 Warning Signs
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What is Rosseti Moscow Region PJSC Beneish M-Score?

Rosseti Moscow Region PJSC MIC:MSRS -0.43% 41 Beneish M-Score is 0.00 as of Jun. 26, 2026. GuruFocus rates MIC:MSRS with a GF Score™ of 41/100. The stock has 7 warning signs investors should review. Among 486 Utilities - Regulated companies, Rosseti Moscow Region PJSC ranks worse than 205761.11% 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.

The historical rank and industry rank for Rosseti Moscow Region PJSC's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Rosseti Moscow Region PJSC was -0.07. The lowest was -3.29. And the median was -2.88.

Rosseti Moscow Region PJSC Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Rosseti Moscow Region PJSC'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.

Rosseti Moscow Region PJSC Beneish M-Score Chart

Rosseti Moscow Region PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.70 -2.75 -2.72 -2.88 -2.96

Rosseti Moscow Region PJSC Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 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 -3.15 0.00 -3.16 -3.29 0.00

MIC:MSRS vs NEE, SO, DUK: Beneish M-Score Comparison

For the Utilities - Regulated Electric subindustry, Rosseti Moscow Region PJSC'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.

Rosseti Moscow Region PJSC Beneish M-Score vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rosseti Moscow Region PJSC's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Rosseti Moscow Region PJSC's Beneish M-Score falls into.


MIC:MSRS
41GF Score
Rosseti Moscow Region PJSC MIC:MSRS
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Rosseti Moscow Region PJSC 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 Rosseti Moscow Region PJSC 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 (Sep25) TTM:Last Year (Jun24) TTM:
Total Receivables was ₽17,518 Mil.
Revenue was 69505.672 + 60826.779 + 68849.632 + 58896.198 = ₽258,078 Mil.
Gross Profit was 33054.732 + 28164.874 + 31432.676 + 27977.886 = ₽120,630 Mil.
Total Current Assets was ₽51,835 Mil.
Total Assets was ₽542,919 Mil.
Property, Plant and Equipment(Net PPE) was ₽479,040 Mil.
Depreciation, Depletion and Amortization(DDA) was ₽28,716 Mil.
Selling, General, & Admin. Expense(SGA) was ₽1,822 Mil.
Total Current Liabilities was ₽158,135 Mil.
Long-Term Debt & Capital Lease Obligation was ₽77,409 Mil.
Net Income was 10950.178 + 5900.215 + 10743.436 + 8828.795 = ₽36,423 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = ₽0 Mil.
Cash Flow from Operations was 24150.332 + 22366.757 + 22603.654 + 26879.639 = ₽96,000 Mil.
 Total Receivables was ₽0 Mil.
Revenue was 54350.963 + 64367.504 + 65917.728 + 52709.237 = ₽237,345 Mil.
Gross Profit was 24214.614 + 29729.06 + 31550.841 + 24324.767 = ₽109,819 Mil.
Total Current Assets was ₽0 Mil.
Total Assets was ₽0 Mil.
Property, Plant and Equipment(Net PPE) was ₽0 Mil.
Depreciation, Depletion and Amortization(DDA) was ₽25,393 Mil.
Selling, General, & Admin. Expense(SGA) was ₽1,517 Mil.
Total Current Liabilities was ₽0 Mil.
Long-Term Debt & Capital Lease Obligation was ₽0 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)
=(17517.644 / 258078.281) / (0 / 237345.432)
=0.067877 / 0
=

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)
=(109819.282 / 237345.432) / (120630.168 / 258078.281)
=0.462698 / 0.467417
=

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 - (51834.805 + 479040.016) / 542919.012) / (1 - (0 + 0) / 0)
=0.022184 /
=

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
=258078.281 / 237345.432
=

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))
=(25393.426 / (25393.426 + 0)) / (28716.051 / (28716.051 + 479040.016))
=1 / 0.056555
=

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)
=(1821.939 / 258078.281) / (1516.991 / 237345.432)
=0.00706 / 0.006391
=

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)
=((77409.407 + 158134.627) / 542919.012) / ((0 + 0) / 0)
=0.433847 /
=

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
=(36422.624 - 0 - 96000.382) / 542919.012
=-0.109736

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?
Rosseti Moscow Region PJSC (MIC:MSRS) has a Beneish M-Score of 0.00 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Rosseti Moscow Region PJSC and its competitors. According to the industry distribution chart, Rosseti Moscow Region PJSC ranks #999999 out of 486 companies in the Utilities - Regulated industry.
Is Rosseti Moscow Region PJSC's Beneish M-Score too high?
Rosseti Moscow Region PJSC's current Beneish M-Score is 0.00. Based on the distribution chart, Rosseti Moscow Region PJSC ranks #999999 out of 486 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Rosseti Moscow Region PJSC has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Rosseti Moscow Region PJSC's Beneish M-Score compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Rosseti Moscow Region PJSC ranks #999999 out of 486 companies for Beneish M-Score. This places Rosseti Moscow Region PJSC 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 an Utilities - Regulated company?
A good Beneish M-Score depends on the Utilities - Regulated 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 Rosseti Moscow Region PJSC and its competitors. Rosseti Moscow Region PJSC'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 Rosseti Moscow Region PJSC stock overvalued right now?
Rosseti Moscow Region PJSC (MIC:MSRS) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Rosseti Moscow Region PJSC's overall GF Score™ is 41/100 with 7 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 Rosseti Moscow Region PJSC (MIC:MSRS), the current Beneish M-Score is 0.00 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.

Rosseti Moscow Region PJSC Business Description

Address 2 Paveletskiy Proezd, 3, Building 2, Moscow, RUS, 115114
Rosseti Moscow Region PJSC is a distribution electric grid company. The group's main activity is the provision of fee-based services for electricity transmission in Moscow and the Moscow Region. The group also provides technical connection services to electrical networks as part of its core operations. The company's reportable segments are Electricity transmission in Moscow, Electricity transmission in the Moscow Region, Connection services in Moscow, Connection services in the Moscow Region, and Others. The Other segment activities mainly represent rental income, installation services, repair, and technical maintenance of electrical equipment. The majority of revenue is derived from the Electricity transmission segment.
41GF 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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