MTPVY (Metropole Television) Beneish M-Score: -2.57 (As of Jun. 25, 2026)


MTPVY Metropole Television SA MTPVY
76 GF Score
Price $14.50
GF Value $13.90
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Metropole Television Beneish M-Score?

Metropole Television MTPVY -0.28% 76 Beneish M-Score is -2.57 as of Jun. 25, 2026. GuruFocus rates MTPVY with a GF Score™ of 76/100 and a GF Value™ of $13.90 (Fairly Valued). The stock has 7 warning signs investors should review. Among 989 Media - Diversified companies, Metropole Television ranks worse than 50.96% 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 -2.57 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

MTPVY' s Beneish M-Score Range Over the Past 10 Years
Min: -2.88   Med: -2.63   Max: -2.17
Current: -2.57

During the past 13 years, the highest Beneish M-Score of Metropole Television was -2.17. The lowest was -2.88. And the median was -2.63.


Metropole Television Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Metropole Television'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.

Metropole Television Beneish M-Score Chart

Metropole Television 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 -2.88 -2.88 -2.68 -2.50 -2.57

Metropole Television Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -2.68 0.00 -2.50 0.00 -2.57

MTPVY vs NXST: Beneish M-Score Comparison

For the Broadcasting subindustry, Metropole Television'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.


Metropole Television Beneish M-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Metropole Television's Beneish M-Score distribution charts can be found below:

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


MTPVY
76GF Score
Metropole Television SA MTPVY
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metropole Television 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 Metropole Television 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 * 0.9943+0.528 * 1.001+0.404 * 1.0294+0.892 * 1.0708+0.115 * 0.807
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.007857-0.327 * 1.0081
=-2.47

* 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was $310 Mil.
Revenue was $1,470 Mil.
Gross Profit was $674 Mil.
Total Current Assets was $1,243 Mil.
Total Assets was $2,325 Mil.
Property, Plant and Equipment(Net PPE) was $120 Mil.
Depreciation, Depletion and Amortization(DDA) was $154 Mil.
Selling, General, & Admin. Expense(SGA) was $0 Mil.
Total Current Liabilities was $693 Mil.
Long-Term Debt & Capital Lease Obligation was $21 Mil.
Net Income was $144 Mil.
Gross Profit was $0 Mil.
Cash Flow from Operations was $163 Mil.
Total Receivables was $291 Mil.
Revenue was $1,373 Mil.
Gross Profit was $630 Mil.
Total Current Assets was $1,175 Mil.
Total Assets was $2,156 Mil.
Property, Plant and Equipment(Net PPE) was $115 Mil.
Depreciation, Depletion and Amortization(DDA) was $95 Mil.
Selling, General, & Admin. Expense(SGA) was $0 Mil.
Total Current Liabilities was $559 Mil.
Long-Term Debt & Capital Lease Obligation was $97 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)
=(309.719 / 1470.258) / (290.89 / 1372.984)
=0.210656 / 0.211867
=0.9943

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)
=(630.471 / 1372.984) / (674.473 / 1470.258)
=0.459198 / 0.458745
=1.001

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 - (1243.443 + 120.023) / 2325.059) / (1 - (1174.974 + 114.764) / 2155.916)
=0.413578 / 0.401768
=1.0294

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
=1470.258 / 1372.984
=1.0708

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))
=(95.183 / (95.183 + 114.764)) / (153.864 / (153.864 + 120.023))
=0.453367 / 0.561779
=0.807

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 / 1470.258) / (0 / 1372.984)
=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)
=((20.726 + 693.326) / 2325.059) / ((97.487 + 559.267) / 2155.916)
=0.307111 / 0.304629
=1.0081

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
=(144.496 - 0 - 162.763) / 2325.059
=-0.007857

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.

Metropole Television has a M-score of -2.47 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 -2.57 mean?
Metropole Television (MTPVY) has a Beneish M-Score of -2.57 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Metropole Television and its competitors. According to the industry distribution chart, Metropole Television ranks #504 out of 989 companies in the Media - Diversified industry, placing it in the top 51%.
Is Metropole Television's Beneish M-Score too high?
Metropole Television's current Beneish M-Score is -2.57. Based on the distribution chart, Metropole Television ranks #504 out of 989 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Metropole Television has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Metropole Television's Beneish M-Score compare to NXST?
According to the Media - Diversified industry distribution chart, Metropole Television ranks #504 out of 989 companies for Beneish M-Score. This places Metropole Television 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 Media - Diversified company?
A good Beneish M-Score depends on the Media - Diversified 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 Metropole Television and its competitors. Metropole Television's current Beneish M-Score is -2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metropole Television stock overvalued right now?
Based on GuruFocus' analysis, Metropole Television (MTPVY) is currently considered Fairly Valued. The stock's GF Value™ is $13.90, compared to a current price of $14.50 — trading 4.3% above its estimated fair value. The current Beneish M-Score is -2.57. Metropole Television's overall GF Score™ is 76/100 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 Metropole Television (MTPVY), the current Beneish M-Score is -2.57 as of Jun. 25, 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 Metropole Television (MTPVY) Overvalued in 2026?

Based on GuruFocus' analysis, Metropole Television stock appears to be overvalued. The current stock price of $14.50 is trading 4.3% above its estimated GF Value™ of $13.90. GuruFocus considers Metropole Television to be Fairly Valued.

Key valuation signals for MTPVY:

  • Beneish M-Score: -2.57
  • GF Value™: $13.90 vs. price of $14.50 (4.3% above fair value)
  • GF Score™: 76/100 with 7 warning signs

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


Metropole Television Business Description

Address 89, Avenue Charles-de-Gaulle, Cedex, Neuilly-sur-Seine, FRA, 92200
Metropole Television SA is a media holding company that owns several television channels, magazines, publications, and movie production firms. Metropole Television SA's flagship channel is M6, a multimedia television network that displays a wide variety of content and includes dramas, news, comedies, films, and documentaries. Furthermore, Metropole owns production houses and operates digital content publications. It has four reportable segments which includes Television, Radio, Production & Audiovisual Rights and Diversification involves distribution of niche products, other online revenues, Interactions division. The company generates the vast majority of its revenue from France and also from Television segment.
76GF Score

Get the complete analysis for MTPVY

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

$14.50
Price
$13.90
GF Value