Hemply Balance Holding ABNGM:HMPLY +7.69% Beneish M-Score is 0.00 as of Jul. 01, 2026. The stock has 3 warning signs investors should review. Among 1,848 Consumer Packaged Goods companies, Hemply Balance Holding AB ranks worse than 54112.5% 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 Hemply Balance Holding AB's Beneish M-Score or its related term are showing as below:
During the past 7 years, the highest Beneish M-Score of Hemply Balance Holding AB was 2.82. The lowest was -33.86. And the median was -7.25.
Hemply Balance Holding AB Beneish M-Score Related Terms
Hemply Balance Holding AB Beneish M-Score Historical Data
* 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.
NGM:HMPLY vs KHC, GIS, HRL: Beneish M-Score Comparison
For the Packaged Foods subindustry, Hemply Balance Holding AB'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.
Hemply Balance Holding AB Beneish M-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Hemply Balance Holding AB's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Hemply Balance Holding AB's Beneish M-Score falls into.
Hemply Balance Holding AB 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 Hemply Balance Holding AB 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.
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))
=
(0.003 / (0.003 + 0.005))
/
(0.003 / (0.003 + 0.003))
=
0.375
/
0.5
=
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
=
(-0.474 - 0
-
-0.263)
/
0.934
=
-0.22591
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.
Hemply Balance Holding AB (NGM:HMPLY) has a Beneish M-Score of 0.00 as of Jul. 01, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Hemply Balance Holding AB and its competitors. According to the industry distribution chart, Hemply Balance Holding AB ranks #999999 out of 1848 companies in the Consumer Packaged Goods industry.
Is Hemply Balance Holding AB's Beneish M-Score too high?
Hemply Balance Holding AB's current Beneish M-Score is 0.00. Based on the distribution chart, Hemply Balance Holding AB ranks #999999 out of 1848 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers.
How does Hemply Balance Holding AB's Beneish M-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Hemply Balance Holding AB ranks #999999 out of 1848 companies for Beneish M-Score. This places Hemply Balance Holding AB 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 Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods 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 Hemply Balance Holding AB and its competitors. Hemply Balance Holding AB'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 Hemply Balance Holding AB stock overvalued right now?
Based on GuruFocus' analysis, Hemply Balance Holding AB (NGM:HMPLY) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.01, compared to a current price of kr0.03 — trading 180% above its estimated fair value. The current Beneish M-Score is 0.00. 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 Hemply Balance Holding AB (NGM:HMPLY), the current Beneish M-Score is 0.00 as of Jul. 01, 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.
Hemply Balance Holding AB is a health food company within hemp products. It focuses on intimate care products, as well as sales of oil and capsules outside Sweden.
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