Uridoki (NGO:418A) Beneish M-Score: -1.49 (As of Jun. 26, 2026)


NGO:418A Uridoki Inc NGO:418A
18 GF Score
Price 円1,505.00
! 2 Warning Signs
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What is Uridoki Beneish M-Score?

Uridoki NGO:418A +2.38% 18 Beneish M-Score is -1.49 as of Jun. 26, 2026. GuruFocus rates NGO:418A with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 532 Interactive Media companies, Uridoki ranks worse than 86.28% 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.

Warning Sign:

Beneish M-Score -1.49 higher than -1.78, which implies that the company might have manipulated its financial results.

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

NGO:418A' s Beneish M-Score Range Over the Past 10 Years
Min: -1.49   Med: -1.49   Max: -1.49
Current: -1.49

During the past 3 years, the highest Beneish M-Score of Uridoki was -1.49. The lowest was -1.49. And the median was -1.49.

Uridoki Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Uridoki'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.

Uridoki Beneish M-Score Chart

Uridoki Annual Data
Trend Nov23 Nov24 Nov25
Beneish M-Score
0.00 0.00 -1.49

Uridoki Quarterly Data
Nov23 Nov24 May25 Aug25 Nov25 Feb26
Beneish M-Score Get a 7-Day Free Trial 0.00 0.00 0.00 -1.49 0.00

NGO:418A vs GOOGL, META, SPOT: Beneish M-Score Comparison

For the Internet Content & Information subindustry, Uridoki'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.

Uridoki Beneish M-Score vs Interactive Media Industry

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

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


NGO:418A
18GF Score
Uridoki Inc NGO:418A
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Uridoki 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 Uridoki 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 * 0.8321+0.528 * 0.7001+0.404 * 1.2106+0.892 * 2.5385+0.115 * 0.7769
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.052328-0.327 * 0.6443
=-1.49

* 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 (Nov25) TTM:Last Year (Nov24) TTM:
Total Receivables was 円164 Mil.
Revenue was 円1,520 Mil.
Gross Profit was 円176 Mil.
Total Current Assets was 円628 Mil.
Total Assets was 円695 Mil.
Property, Plant and Equipment(Net PPE) was 円2 Mil.
Depreciation, Depletion and Amortization(DDA) was 円1 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円267 Mil.
Long-Term Debt & Capital Lease Obligation was 円20 Mil.
Net Income was 円216 Mil.
Gross Profit was 円0 Mil.
Cash Flow from Operations was 円252 Mil.
 Total Receivables was 円78 Mil.
Revenue was 円599 Mil.
Gross Profit was 円48 Mil.
Total Current Assets was 円265 Mil.
Total Assets was 円290 Mil.
Property, Plant and Equipment(Net PPE) was 円2 Mil.
Depreciation, Depletion and Amortization(DDA) was 円1 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円158 Mil.
Long-Term Debt & Capital Lease Obligation was 円27 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)
=(164.479 / 1519.616) / (77.87 / 598.639)
=0.108237 / 0.130078
=0.8321

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)
=(48.421 / 598.639) / (175.56 / 1519.616)
=0.080885 / 0.115529
=0.7001

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 - (627.995 + 2.335) / 695.191) / (1 - (265.496 + 1.78) / 289.595)
=0.0933 / 0.07707
=1.2106

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
=1519.616 / 598.639
=2.5385

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))
=(0.549 / (0.549 + 1.78)) / (1.017 / (1.017 + 2.335))
=0.235723 / 0.303401
=0.7769

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 / 1519.616) / (0 / 598.639)
=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)
=((20.324 + 266.736) / 695.191) / ((27.461 + 158.145) / 289.595)
=0.412922 / 0.640916
=0.6443

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
=(215.82 - 0 - 252.198) / 695.191
=-0.052328

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.

Uridoki has a M-score of -1.49 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 -1.49 mean?
Uridoki (NGO:418A) has a Beneish M-Score of -1.49 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Uridoki and its competitors. According to the industry distribution chart, Uridoki ranks #459 out of 532 companies in the Interactive Media industry, placing it in the top 86.3%.
Is Uridoki's Beneish M-Score too high?
Uridoki's current Beneish M-Score is -1.49. Based on the distribution chart, Uridoki ranks #459 out of 532 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Uridoki has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Uridoki's Beneish M-Score compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Uridoki ranks #459 out of 532 companies for Beneish M-Score. This places Uridoki 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 Interactive Media company?
A good Beneish M-Score depends on the Interactive Media 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 Uridoki and its competitors. Uridoki's current Beneish M-Score is -1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Uridoki stock overvalued right now?
Uridoki (NGO:418A) has a current Beneish M-Score of -1.49. The current Beneish M-Score is -1.49. Uridoki's overall GF Score™ is 18/100 with 2 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 Uridoki (NGO:418A), the current Beneish M-Score is -1.49 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.

Uridoki Business Description

Address 1-6-3 Shinjuku, 9th Floor Shinjuku Gyoen Front, Shinjuku-ku, Tokyo, JPN, 160-0022
Uridoki Inc is a matching website for buying used items, and a web site specializing in used items. The company operates as an easy-to-use online platform where people can compare offers from professional buyers to sell their secondhand items. The service helps users quickly find the good prices for their goods and sell them safely and conveniently. The company supports a transparent and efficient reuse market by connecting sellers with buyers directly.
18GF Score

Get the complete analysis for NGO:418A

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

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