S.P. Korolev Rocket and Space Public Energia OJC (MIC:RKKE) Beneish M-Score: 0.00 (As of Jul. 12, 2026)


MIC:RKKE S.P. Korolev Rocket and Space Public Corporation Energia OJC MIC:RKKE
17 GF Score
Price ₽10,550.00
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What is S.P. Korolev Rocket and Space Public Energia OJC Beneish M-Score?

S.P. Korolev Rocket and Space Public Energia OJC MIC:RKKE +3.33% 17 Beneish M-Score is 0.00 as of Jul. 12, 2026. GuruFocus rates MIC:RKKE with a GF Score™ of 17/100.

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 S.P. Korolev Rocket and Space Public Energia OJC's Beneish M-Score or its related term are showing as below:

During the past 12 years, the highest Beneish M-Score of S.P. Korolev Rocket and Space Public Energia OJC was 0.00. The lowest was 0.00. And the median was 0.00.


S.P. Korolev Rocket and Space Public Energia OJC Beneish M-Score Historical Data

* Premium members only.

The historical data trend for S.P. Korolev Rocket and Space Public Energia OJC'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.

S.P. Korolev Rocket and Space Public Energia OJC Beneish M-Score Chart

S.P. Korolev Rocket and Space Public Energia OJC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.42 -4.64 -1.28 -2.18 -2.52

S.P. Korolev Rocket and Space Public Energia OJC Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun22 Jun23
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 0.00 -2.52 0.00 0.00 0.00

MIC:RKKE vs RTX, LMT, BA: Beneish M-Score Comparison

For the Aerospace & Defense subindustry, S.P. Korolev Rocket and Space Public Energia OJC'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.


S.P. Korolev Rocket and Space Public Energia OJC Beneish M-Score vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, S.P. Korolev Rocket and Space Public Energia OJC's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where S.P. Korolev Rocket and Space Public Energia OJC's Beneish M-Score falls into.


MIC:RKKE
17GF Score
S.P. Korolev Rocket and Space Public Corporation Energia OJC MIC:RKKE
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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S.P. Korolev Rocket and Space Public Energia OJC 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 S.P. Korolev Rocket and Space Public Energia OJC 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 * 0.8045+0.528 * 0.9233+0.404 * 1.5463+0.892 * 0.8385+0.115 * 1.1204
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.5651+4.679 * 0.039117-0.327 * 0.9818
=-2.52

* 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 (Dec20) TTM:Last Year (Dec19) TTM:
Total Receivables was ₽2,886 Mil.
Revenue was ₽41,602 Mil.
Gross Profit was ₽10,006 Mil.
Total Current Assets was ₽66,838 Mil.
Total Assets was ₽88,367 Mil.
Property, Plant and Equipment(Net PPE) was ₽18,614 Mil.
Depreciation, Depletion and Amortization(DDA) was ₽1,389 Mil.
Selling, General, & Admin. Expense(SGA) was ₽2,156 Mil.
Total Current Liabilities was ₽57,574 Mil.
Long-Term Debt & Capital Lease Obligation was ₽18,997 Mil.
Net Income was ₽-6,064 Mil.
Gross Profit was ₽0 Mil.
Cash Flow from Operations was ₽-9,521 Mil.
Total Receivables was ₽4,277 Mil.
Revenue was ₽49,613 Mil.
Gross Profit was ₽11,017 Mil.
Total Current Assets was ₽70,500 Mil.
Total Assets was ₽91,479 Mil.
Property, Plant and Equipment(Net PPE) was ₽19,027 Mil.
Depreciation, Depletion and Amortization(DDA) was ₽1,605 Mil.
Selling, General, & Admin. Expense(SGA) was ₽1,643 Mil.
Total Current Liabilities was ₽67,556 Mil.
Long-Term Debt & Capital Lease Obligation was ₽13,183 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)
=(2885.667 / 41601.795) / (4277.473 / 49612.847)
=0.069364 / 0.086217
=0.8045

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)
=(11017.354 / 49612.847) / (10005.52 / 41601.795)
=0.222067 / 0.240507
=0.9233

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 - (66837.571 + 18614.351) / 88366.679) / (1 - (70500.257 + 19027.023) / 91478.568)
=0.032985 / 0.021331
=1.5463

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
=41601.795 / 49612.847
=0.8385

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))
=(1604.778 / (1604.778 + 19027.023)) / (1388.674 / (1388.674 + 18614.351))
=0.077782 / 0.069423
=1.1204

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)
=(2156.081 / 41601.795) / (1642.953 / 49612.847)
=0.051827 / 0.033115
=1.5651

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)
=((18996.546 + 57574.447) / 88366.679) / ((13182.938 + 67556.018) / 91478.568)
=0.866514 / 0.8826
=0.9818

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
=(-6064.003 - 0 - -9520.653) / 88366.679
=0.039117

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.

S.P. Korolev Rocket and Space Public Energia OJC has a M-score of -2.52 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 0.00 mean?
S.P. Korolev Rocket and Space Public Energia OJC (MIC:RKKE) has a Beneish M-Score of 0.00 as of Jul. 12, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on S.P. Korolev Rocket and Space Public Energia OJC and its competitors.
Is S.P. Korolev Rocket and Space Public Energia OJC's Beneish M-Score too high?
S.P. Korolev Rocket and Space Public Energia OJC's current Beneish M-Score is 0.00. Overall, S.P. Korolev Rocket and Space Public Energia OJC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does S.P. Korolev Rocket and Space Public Energia OJC's Beneish M-Score compare to RTX and LMT?
S.P. Korolev Rocket and Space Public Energia OJC's Beneish M-Score of 0.00 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Beneish M-Score depends on the Aerospace & Defense 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 S.P. Korolev Rocket and Space Public Energia OJC and its competitors. S.P. Korolev Rocket and Space Public Energia OJC'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 S.P. Korolev Rocket and Space Public Energia OJC stock overvalued right now?
S.P. Korolev Rocket and Space Public Energia OJC (MIC:RKKE) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. S.P. Korolev Rocket and Space Public Energia OJC's overall GF Score™ is 17/100. 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 S.P. Korolev Rocket and Space Public Energia OJC (MIC:RKKE), the current Beneish M-Score is 0.00 as of Jul. 12, 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.

S.P. Korolev Rocket and Space Public Energia OJC Business Description

Address 4A Lenin Street, Korolev, Moscow, RUS, 141070
S.P. Korolev Rocket and Space Public Corporation Energia OJC engaged in research and development of space technologies. It develops & manufactures operational use of manned space systems, rocket systems, armament & military equipment.
17GF 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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