MMSMY (Mitsui Kinzoku Co) Beneish M-Score: -2.49 (As of Jun. 27, 2026)


MMSMY Mitsui Kinzoku Co Ltd MMSMY
72 GF Score
Price $53.00
GF Value $6.94
Valuation Significantly Overvalued
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What is Mitsui Kinzoku Co Beneish M-Score?

Mitsui Kinzoku Co MMSMY -7.63% 72 Beneish M-Score is -2.49 as of Jun. 27, 2026. GuruFocus rates MMSMY with a GF Score™ of 72/100 and a GF Value™ of $6.94 (Significantly Overvalued). Among 537 Conglomerates companies, Mitsui Kinzoku Co ranks worse than 50.84% 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 -2.49 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

MMSMY' s Beneish M-Score Range Over the Past 10 Years
Min: -3.01   Med: -2.6   Max: -2.25
Current: -2.49

During the past 13 years, the highest Beneish M-Score of Mitsui Kinzoku Co was -2.25. The lowest was -3.01. And the median was -2.60.


Mitsui Kinzoku Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Mitsui Kinzoku Co'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.

Mitsui Kinzoku Co Beneish M-Score Chart

Mitsui Kinzoku Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.43 -2.46 -2.81 -2.66 -2.49

Mitsui Kinzoku Co 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 -2.66 0.00 0.00 0.00 -2.49

MMSMY vs HON, MMM: Beneish M-Score Comparison

For the Conglomerates subindustry, Mitsui Kinzoku Co'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.


Mitsui Kinzoku Co Beneish M-Score vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mitsui Kinzoku Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Mitsui Kinzoku Co's Beneish M-Score falls into.


MMSMY
72GF Score
Mitsui Kinzoku Co Ltd MMSMY
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsui Kinzoku Co 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 Mitsui Kinzoku Co 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 * 0.9781+0.528 * 0.7894+0.404 * 0.9447+0.892 * 1.0003+0.115 * 1.0326
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * 0.005336-0.327 * 0.8299
=-2.55

* 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 $805 Mil.
Revenue was $4,780 Mil.
Gross Profit was $1,277 Mil.
Total Current Assets was $2,669 Mil.
Total Assets was $4,395 Mil.
Property, Plant and Equipment(Net PPE) was $1,122 Mil.
Depreciation, Depletion and Amortization(DDA) was $188 Mil.
Selling, General, & Admin. Expense(SGA) was $0 Mil.
Total Current Liabilities was $1,086 Mil.
Long-Term Debt & Capital Lease Obligation was $435 Mil.
Net Income was $575 Mil.
Gross Profit was $0 Mil.
Cash Flow from Operations was $552 Mil.
Total Receivables was $823 Mil.
Revenue was $4,779 Mil.
Gross Profit was $1,008 Mil.
Total Current Assets was $2,488 Mil.
Total Assets was $4,414 Mil.
Property, Plant and Equipment(Net PPE) was $1,282 Mil.
Depreciation, Depletion and Amortization(DDA) was $223 Mil.
Selling, General, & Admin. Expense(SGA) was $0 Mil.
Total Current Liabilities was $1,271 Mil.
Long-Term Debt & Capital Lease Obligation was $569 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)
=(805.444 / 4780.181) / (823.246 / 4778.985)
=0.168497 / 0.172264
=0.9781

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)
=(1007.912 / 4778.985) / (1277.058 / 4780.181)
=0.210905 / 0.267157
=0.7894

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 - (2668.634 + 1121.578) / 4395.444) / (1 - (2488.226 + 1282.424) / 4414.025)
=0.137695 / 0.145757
=0.9447

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
=4780.181 / 4778.985
=1.0003

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))
=(222.672 / (222.672 + 1282.424)) / (187.557 / (187.557 + 1121.578))
=0.147945 / 0.143268
=1.0326

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)
=(0 / 4780.181) / (0 / 4778.985)
=0 / 0
=1

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)
=((434.78 + 1085.644) / 4395.444) / ((568.773 + 1271.133) / 4414.025)
=0.345909 / 0.416832
=0.8299

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
=(575.129 - 0 - 551.673) / 4395.444
=0.005336

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.

Mitsui Kinzoku Co has a M-score of -2.55 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 -2.49 mean?
Mitsui Kinzoku Co (MMSMY) has a Beneish M-Score of -2.49 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Mitsui Kinzoku Co and its competitors. According to the industry distribution chart, Mitsui Kinzoku Co ranks #273 out of 537 companies in the Conglomerates industry, placing it in the top 50.8%.
Is Mitsui Kinzoku Co's Beneish M-Score too high?
Mitsui Kinzoku Co's current Beneish M-Score is -2.49. Based on the distribution chart, Mitsui Kinzoku Co ranks #273 out of 537 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Mitsui Kinzoku Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsui Kinzoku Co's Beneish M-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, Mitsui Kinzoku Co ranks #273 out of 537 companies for Beneish M-Score. This places Mitsui Kinzoku Co 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 Conglomerates company?
A good Beneish M-Score depends on the Conglomerates 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 Mitsui Kinzoku Co and its competitors. Mitsui Kinzoku Co's current Beneish M-Score is -2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsui Kinzoku Co stock overvalued right now?
Based on GuruFocus' analysis, Mitsui Kinzoku Co (MMSMY) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.94, compared to a current price of $53.00 — trading 663.7% above its estimated fair value. The current Beneish M-Score is -2.49. Mitsui Kinzoku Co's overall GF Score™ is 72/100. 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 Mitsui Kinzoku Co (MMSMY), the current Beneish M-Score is -2.49 as of Jun. 27, 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 Mitsui Kinzoku Co (MMSMY) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsui Kinzoku Co stock appears to be overvalued. The current stock price of $53.00 is trading 663.7% above its estimated GF Value™ of $6.94. GuruFocus considers Mitsui Kinzoku Co to be Significantly Overvalued.

Key valuation signals for MMSMY:

  • Beneish M-Score: -2.49
  • GF Value™: $6.94 vs. price of $53.00 (663.7% above fair value)
  • GF Score™: 72/100

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


Mitsui Kinzoku Co Business Description

Other Exchanges 5706:JapanMMG:Germany
Address 1-11-1 Osaki, Gate City Ohsaki, West Tower, 20th Floor, Shingagawa-ku, Tokyo, JPN, 141-8584
Mitsui Kinzoku Co Ltd is a Japanese company. The company is engaged in the manufacturing and sales of functional materials and electronic materials, non-ferrous metal smelting, resource development, precious metal recycling, materials-related businesses, manufacturing and sales of automotive parts, and others. The company operates in segments, namely, Engineered Materials, Metals, Business creation, Business evaluation, and other businesses.
72GF Score

Get the complete analysis for MMSMY

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

$53.00
Price
$6.94
GF Value