Proximar Seafood ASOSL:PROXI +0.22%8 Beneish M-Score is 38.18 as of Jun. 24, 2026, which is at its 10-year median of 38.18. GuruFocus rates OSL:PROXI with a GF Score™ of 8/100. The stock has 7 warning signs investors should review. Among 1,849 Consumer Packaged Goods companies, Proximar Seafood AS ranks worse than 99.35% 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 38.18 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Proximar Seafood AS's Beneish M-Score or its related term are showing as below:
OSL:PROXI'
s Beneish M-Score Range Over the Past 10 Years
Min: 38.18 Med: 38.18 Max: 38.18
Current: 38.18
During the past 8 years, the highest Beneish M-Score of Proximar Seafood AS was 38.18. The lowest was 38.18. And the median was 38.18.
Proximar Seafood AS Beneish M-Score Related Terms
Proximar Seafood AS Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Proximar Seafood AS'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.
OSL:PROXI vs ADM, BG, TSN: Beneish M-Score Comparison
For the Farm Products subindustry, Proximar Seafood AS'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.
Proximar Seafood AS Beneish M-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Proximar Seafood AS's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Proximar Seafood AS'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 Proximar Seafood AS 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 * 0.0649
+
0.528 * 35.085
+
0.404 * 0.0545
+
0.892 * 28.2286
+
0.115 * 0.5934
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.0467
+
4.679 * -0.110897
-
0.327 * 0.9414
=
38.18
* 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))
=
(49.667 / (49.667 + 1425.023))
/
(75.916 / (75.916 + 1261.642))
=
0.03368
/
0.056757
=
0.5934
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
=
(-253.878 - 0
-
-87.724)
/
1498.279
=
-0.110897
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.
Proximar Seafood AS has a M-score of 38.18 signals that the company is likely to be a manipulator.
Proximar Seafood AS (OSL:PROXI) has a Beneish M-Score of 38.18 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Proximar Seafood AS and its competitors. This is near median its historical median of 38.18. Over the past decade, Proximar Seafood AS's Beneish M-Score has ranged from 38.18 to 38.18. According to the industry distribution chart, Proximar Seafood AS ranks #1837 out of 1849 companies in the Consumer Packaged Goods industry, placing it in the top 99.4%.
Is Proximar Seafood AS's Beneish M-Score too high?
Proximar Seafood AS's current Beneish M-Score of 38.18 is near median its 10-year median of 38.18. Over the past 10 years, this metric has ranged from a low of 38.18 to a high of 38.18. Based on the distribution chart, Proximar Seafood AS ranks #1837 out of 1849 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Proximar Seafood AS has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Proximar Seafood AS's Beneish M-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Proximar Seafood AS ranks #1837 out of 1849 companies for Beneish M-Score. This places Proximar Seafood AS in the lower half of its industry. Historically, Proximar Seafood AS's own Beneish M-Score has ranged from 38.18 to 38.18 over the past decade. 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 Proximar Seafood AS and its competitors. Proximar Seafood AS's current Beneish M-Score is 38.18, which is near median its own 10-year median of 38.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Proximar Seafood AS stock overvalued right now?
Proximar Seafood AS (OSL:PROXI) has a current Beneish M-Score of 38.18. The current Beneish M-Score is 38.18, which is near median its 10-year median of 38.18. Proximar Seafood AS's overall GF Score™ is 8/100 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 Proximar Seafood AS (OSL:PROXI), the current Beneish M-Score is 38.18 as of Jun. 24, 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.
Proximar Seafood AS is a land-based salmon farming company in the process of constructing a fish farm for Atlantic salmon in Japan. It produces Atlantic salmon which involves free of medication and without impact from traditional challenges such as lice and microplastics and the fish is isolated from the marine surrounding environment. The company's fish farming is based on the Recirculating Aquaculture System (RAS)-technology, provided by AquaMaof. The company receives eggs on a monthly basis from the StofnFiskur strain in Iceland. The eggs are hatched, nursed, and farmed at its facility by the foot of Mount Fuji, using locally manufactured feed.
8GF Score
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