Uac Of NigeriaNSA:UACN 68 Beneish M-Score is -0.90 as of Jul. 02, 2026. GuruFocus rates NSA:UACN with a GF Score™ of 68/100 and a GF Value™ of ₦82.67 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,847 Consumer Packaged Goods companies, Uac Of Nigeria ranks worse than 91.61% 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 -0.9 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Uac Of Nigeria's Beneish M-Score or its related term are showing as below:
NSA:UACN'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.95 Med: -2.45 Max: 0.28
Current: -0.9
During the past 13 years, the highest Beneish M-Score of Uac Of Nigeria was 0.28. The lowest was -3.95. And the median was -2.45.
Uac Of Nigeria Beneish M-Score Related Terms
Uac Of Nigeria Beneish M-Score Historical Data
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The historical data trend for Uac Of Nigeria'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.
NSA:UACN vs ADM, BG, TSN: Beneish M-Score Comparison
For the Farm Products subindustry, Uac Of Nigeria'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.
Uac Of Nigeria Beneish M-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Uac Of Nigeria's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Uac Of Nigeria's Beneish M-Score falls into.
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 Uac Of Nigeria 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 * 1.7645
+
0.528 * 0.9942
+
0.404 * 2.1848
+
0.892 * 1.8247
+
0.115 * 1.3545
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0761
+
4.679 * -0.049794
-
0.327 * 1.4042
=
-0.90
* 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))
=
(4651.663 / (4651.663 + 29784.636))
/
(13041.839 / (13041.839 + 117737.633))
=
0.13508
/
0.099724
=
1.3545
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
=
(10905.676 - 0
-
40662.983)
/
597607.622
=
-0.049794
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.
Uac Of Nigeria has a M-score of -0.90 signals that the company is likely to be a manipulator.
Uac Of Nigeria (NSA:UACN) has a Beneish M-Score of -0.90 as of Jul. 02, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Uac Of Nigeria and its competitors. According to the industry distribution chart, Uac Of Nigeria ranks #1692 out of 1847 companies in the Consumer Packaged Goods industry, placing it in the top 91.6%.
Is Uac Of Nigeria's Beneish M-Score too high?
Uac Of Nigeria's current Beneish M-Score is -0.90. Based on the distribution chart, Uac Of Nigeria ranks #1692 out of 1847 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Uac Of Nigeria has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Uac Of Nigeria's Beneish M-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Uac Of Nigeria ranks #1692 out of 1847 companies for Beneish M-Score. This places Uac Of Nigeria 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 Uac Of Nigeria and its competitors. Uac Of Nigeria's current Beneish M-Score is -0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Uac Of Nigeria stock overvalued right now?
Based on GuruFocus' analysis, Uac Of Nigeria (NSA:UACN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦82.67, compared to a current price of ₦185.00 — trading 123.8% above its estimated fair value. The current Beneish M-Score is -0.90. Uac Of Nigeria's overall GF Score™ is 68/100 with 11 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 Uac Of Nigeria (NSA:UACN), the current Beneish M-Score is -0.90 as of Jul. 02, 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 Uac Of Nigeria (NSA:UACN) Overvalued in 2026?
Based on GuruFocus' analysis, Uac Of Nigeria stock appears to be overvalued.
The current stock price of ₦185.00 is trading 123.8% above its estimated GF Value™ of ₦82.67.
GuruFocus considers Uac Of Nigeria to be Significantly Overvalued.
Key valuation signals for NSA:UACN:
Beneish M-Score: -0.90
GF Value™: ₦82.67 vs. price of ₦185.00 (123.8% above fair value)
No single metric tells the full story. See the NSA:UACN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Uac Of Nigeria PLC is a Nigeria-based diversified company. Its segments include Animal feeds and other Edibles, Paints, Packaged Food, Quick Service Restaurants, and Others. Animal feeds and other Edibles involved in the manufacturing and sale of animal feeds, cereal, and edible oil. The Packaged Food segment involves the manufacturing and sale of food items, livestock feeds, bottled water, fruit juices, and ice cream. Its paint segment manufactures and sells paint products and other decorative. QSR is involved in the making and sale of snacks and meals, and Others is a non-reportable segment made up of the corporate head office. It generates maximum revenue from the Animal feeds and other Edibles segments. Geographically, it derives a majority of revenue from the Nigeria segment.
68GF Score
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