OMVJF (OMV AG) Beneish M-Score: -2.25 (As of Jun. 25, 2026)


OMVJF OMV AG OMVJF
46 GF Score
Price $64.25
GF Value $34.91
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is OMV AG Beneish M-Score?

OMV AG OMVJF 46 Beneish M-Score is -2.25 as of Jun. 25, 2026. GuruFocus rates OMVJF with a GF Score™ of 46/100 and a GF Value™ of $34.91 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 822 Oil & Gas companies, OMV AG ranks worse than 75.18% 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 -2.25 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

OMVJF' s Beneish M-Score Range Over the Past 10 Years
Min: -13.57   Med: -2.76   Max: -1.48
Current: -2.25

During the past 13 years, the highest Beneish M-Score of OMV AG was -1.48. The lowest was -13.57. And the median was -2.76.


OMV AG Beneish M-Score Historical Data

* Premium members only.

The historical data trend for OMV AG'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.

OMV AG Beneish M-Score Chart

OMV AG 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 -2.41 -2.53 -2.94 -2.94 -3.37

OMV AG 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 -3.27 -3.30 -3.17 -3.37 -2.25

OMVJF vs XOM, CVX: Beneish M-Score Comparison

For the Oil & Gas Integrated subindustry, OMV AG'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.


OMV AG Beneish M-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, OMV AG's Beneish M-Score distribution charts can be found below:

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


OMVJF
46GF Score
OMV AG OMVJF
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OMV AG 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 OMV AG 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 * 1.1542+0.528 * 0.9505+0.404 * 1.9556+0.892 * 0.9881+0.115 * 1.2503
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.128+4.679 * -0.052128-0.327 * 0.9269
=-2.20

* 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 $2,745 Mil.
Revenue was 6768.786 + 7078.454 + 7347.418 + 6675.894 = $27,871 Mil.
Gross Profit was 1729.48 + 1208.431 + 1784.038 + 1378.316 = $6,100 Mil.
Total Current Assets was $12,765 Mil.
Total Assets was $49,757 Mil.
Property, Plant and Equipment(Net PPE) was $18,398 Mil.
Depreciation, Depletion and Amortization(DDA) was $2,787 Mil.
Selling, General, & Admin. Expense(SGA) was $2,360 Mil.
Total Current Liabilities was $9,831 Mil.
Long-Term Debt & Capital Lease Obligation was $7,560 Mil.
Net Income was 1732.948 + 119.438 + 656.103 + 296.424 = $2,805 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = $0 Mil.
Cash Flow from Operations was 897.11 + 1968.384 + 1284.038 + 1249.135 = $5,399 Mil.
Total Receivables was $2,406 Mil.
Revenue was 6720 + 6876.44 + 7465.039 + 7144.241 = $28,206 Mil.
Gross Profit was 1530.811 + 1207.33 + 1496.115 + 1634.015 = $5,868 Mil.
Total Current Assets was $26,352 Mil.
Total Assets was $53,061 Mil.
Property, Plant and Equipment(Net PPE) was $16,569 Mil.
Depreciation, Depletion and Amortization(DDA) was $3,261 Mil.
Selling, General, & Admin. Expense(SGA) was $2,117 Mil.
Total Current Liabilities was $12,697 Mil.
Long-Term Debt & Capital Lease Obligation was $7,310 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)
=(2744.509 / 27870.552) / (2406.486 / 28205.72)
=0.098473 / 0.085319
=1.1542

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)
=(5868.271 / 28205.72) / (6100.265 / 27870.552)
=0.208053 / 0.218879
=0.9505

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 - (12765.318 + 18397.688) / 49757.225) / (1 - (26352.432 + 16568.649) / 53060.541)
=0.373699 / 0.191092
=1.9556

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
=27870.552 / 28205.72
=0.9881

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))
=(3261.323 / (3261.323 + 16568.649)) / (2786.519 / (2786.519 + 18397.688))
=0.164464 / 0.131538
=1.2503

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)
=(2360.023 / 27870.552) / (2117.394 / 28205.72)
=0.084678 / 0.07507
=1.128

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)
=((7559.538 + 9831.214) / 49757.225) / ((7310.27 + 12697.297) / 53060.541)
=0.349512 / 0.377071
=0.9269

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
=(2804.913 - 0 - 5398.667) / 49757.225
=-0.052128

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.

OMV AG has a M-score of -2.20 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 -2.25 mean?
OMV AG (OMVJF) has a Beneish M-Score of -2.25 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on OMV AG and its competitors. According to the industry distribution chart, OMV AG ranks #618 out of 822 companies in the Oil & Gas industry, placing it in the top 75.2%.
Is OMV AG's Beneish M-Score too high?
OMV AG's current Beneish M-Score is -2.25. Based on the distribution chart, OMV AG ranks #618 out of 822 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, OMV AG has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OMV AG's Beneish M-Score compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, OMV AG ranks #618 out of 822 companies for Beneish M-Score. This places OMV AG 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 Oil & Gas company?
A good Beneish M-Score depends on the Oil & Gas 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 OMV AG and its competitors. OMV AG's current Beneish M-Score is -2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OMV AG stock overvalued right now?
Based on GuruFocus' analysis, OMV AG (OMVJF) is currently considered Significantly Overvalued. The stock's GF Value™ is $34.91, compared to a current price of $64.25 — trading 84% above its estimated fair value. The current Beneish M-Score is -2.25. OMV AG's overall GF Score™ is 46/100 with 3 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 OMV AG (OMVJF), the current Beneish M-Score is -2.25 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 OMV AG (OMVJF) Overvalued in 2026?

Based on GuruFocus' analysis, OMV AG stock appears to be overvalued. The current stock price of $64.25 is trading 84% above its estimated GF Value™ of $34.91. GuruFocus considers OMV AG to be Significantly Overvalued.

Key valuation signals for OMVJF:

  • Beneish M-Score: -2.25
  • GF Value™: $34.91 vs. price of $64.25 (84% above fair value)
  • GF Score™: 46/100 with 3 warning signs

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


OMV AG Business Description

Industry EnergyOil & Gas
Address Trabrennstrasse 6 - 8, Vienna, AUT, 1020
OMV AG is an international, integrated oil and gas company that operates in the Energy, Fuels and Feedstock, Chemicals segments and Corporate and others. The company has exploration and production assets in a multitude of countries in Europe, Asia, and Africa. The Energy segment engages in the business of oil and gas exploration, development and production. The Fuels and Feedstock segment which generates key revenue, refines and markets crude oil and other feedstock. The Chemicals segment provides circular polyolefin solutions and base chemicals, fertilizers, and plastics recycling. Geographically, the company generates a majority of its revenue from Austria and the rest from its operations in Germany, Romania, Norway, France, the Netherlands, and Other Countries.
46GF Score

Get the complete analysis for OMVJF

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

$64.25
Price
$34.91
GF Value