KlaraBo Sverige AB (OSTO:KLARA B) Beneish M-Score: -1.71 (As of Sep. 18, 2026)

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OSTO:KLARA B KlaraBo Sverige AB OSTO:KLARA B
76 GF Score
Price kr12.92
GF Value kr16.76
Valuation Modestly Undervalued
! 7 Warning Signs
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What is KlaraBo Sverige AB Beneish M-Score?

KlaraBo Sverige AB OSTO:KLARA B -5.14% 76 Beneish M-Score is -1.71 as of Sep. 18, 2026. GuruFocus rates OSTO:KLARA B with a GF Score™ of 76/100 and a GF Value™ of kr16.76 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,677 Real Estate companies, KlaraBo Sverige AB ranks worse than 75.91% 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 -1.71 higher than -1.78, which implies that the company might have manipulated its financial results.

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

OSTO:KLARA B' s Beneish M-Score Range Over the Past 10 Years
Min: -3.32   Med: -2.25   Max: 18.4
Current: -1.71

During the past 8 years, the highest Beneish M-Score of KlaraBo Sverige AB was 18.40. The lowest was -3.32. And the median was -2.25.


KlaraBo Sverige AB Beneish M-Score Historical Data

* Premium members only.

The historical data trend for KlaraBo Sverige AB'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.

KlaraBo Sverige AB Beneish M-Score Chart

KlaraBo Sverige AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial -2.11 -2.54 15.74 -3.30

KlaraBo Sverige AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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

OSTO:KLARA B vs CBRE, BEKE, JLL: Beneish M-Score Comparison

For the Real Estate Services subindustry, KlaraBo Sverige 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.


KlaraBo Sverige AB Beneish M-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, KlaraBo Sverige AB's Beneish M-Score distribution charts can be found below:

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


OSTO:KLARA B
76GF Score
KlaraBo Sverige AB OSTO:KLARA B
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KlaraBo Sverige 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 KlaraBo Sverige 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 * 1.6472+0.528 * 1.0239+0.404 * 0.921+0.892 * 1.1048+0.115 * 1
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.8918+4.679 * 0.016449-0.327 * 0.9965
=-1.71

* 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 (Jun26) TTM:Last Year (Jun25) TTM:
Total Receivables was kr42.4 Mil.
Revenue was 189 + 188.5 + 182.4 + 182.4 = kr742.3 Mil.
Gross Profit was 115.4 + 85.4 + 95.7 + 118.7 = kr415.2 Mil.
Total Current Assets was kr998.2 Mil.
Total Assets was kr10,942.9 Mil.
Property, Plant and Equipment(Net PPE) was kr4.0 Mil.
Depreciation, Depletion and Amortization(DDA) was kr0.0 Mil.
Selling, General, & Admin. Expense(SGA) was kr53.5 Mil.
Total Current Liabilities was kr936.4 Mil.
Long-Term Debt & Capital Lease Obligation was kr4,612.3 Mil.
Net Income was -11.3 + 124 + 42.7 + 129.4 = kr284.8 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = kr0.0 Mil.
Cash Flow from Operations was 6.5 + -0.3 + 48.3 + 50.3 = kr104.8 Mil.
Total Receivables was kr23.3 Mil.
Revenue was 180.5 + 175.1 + 157.5 + 158.8 = kr671.9 Mil.
Gross Profit was 109.6 + 83.2 + 88 + 104 = kr384.8 Mil.
Total Current Assets was kr139.4 Mil.
Total Assets was kr10,555.3 Mil.
Property, Plant and Equipment(Net PPE) was kr4.5 Mil.
Depreciation, Depletion and Amortization(DDA) was kr0.0 Mil.
Selling, General, & Admin. Expense(SGA) was kr54.3 Mil.
Total Current Liabilities was kr1,377.5 Mil.
Long-Term Debt & Capital Lease Obligation was kr3,993.5 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)
=(42.4 / 742.3) / (23.3 / 671.9)
=0.05712 / 0.034678
=1.6472

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)
=(384.8 / 671.9) / (415.2 / 742.3)
=0.572704 / 0.559343
=1.0239

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 - (998.2 + 4) / 10942.9) / (1 - (139.4 + 4.5) / 10555.3)
=0.908416 / 0.986367
=0.921

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
=742.3 / 671.9
=1.1048

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 / (0 + 4.5)) / (0 / (0 + 4))
=0 / 0
=1

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)
=(53.5 / 742.3) / (54.3 / 671.9)
=0.072073 / 0.080816
=0.8918

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)
=((4612.3 + 936.4) / 10942.9) / ((3993.5 + 1377.5) / 10555.3)
=0.507059 / 0.508844
=0.9965

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
=(284.8 - 0 - 104.8) / 10942.9
=0.016449

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.

KlaraBo Sverige AB has a M-score of -1.71 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 -1.71 mean?
KlaraBo Sverige AB (OSTO:KLARA B) has a Beneish M-Score of -1.71 as of Sep. 18, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on KlaraBo Sverige AB and its competitors. According to the industry distribution chart, KlaraBo Sverige AB ranks #1273 out of 1677 companies in the Real Estate industry, placing it in the top 75.9%.
Is KlaraBo Sverige AB's Beneish M-Score too high?
KlaraBo Sverige AB's current Beneish M-Score is -1.71. Based on the distribution chart, KlaraBo Sverige AB ranks #1273 out of 1677 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, KlaraBo Sverige AB has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KlaraBo Sverige AB's Beneish M-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, KlaraBo Sverige AB ranks #1273 out of 1677 companies for Beneish M-Score. This places KlaraBo Sverige 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 Real Estate company?
A good Beneish M-Score depends on the Real Estate 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 KlaraBo Sverige AB and its competitors. KlaraBo Sverige AB's current Beneish M-Score is -1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KlaraBo Sverige AB stock overvalued right now?
Based on GuruFocus' analysis, KlaraBo Sverige AB (OSTO:KLARA B) is currently considered Modestly Undervalued. The stock's GF Value™ is kr16.76, compared to a current price of kr12.92 — trading 22.9% below its estimated fair value. The current Beneish M-Score is -1.71. KlaraBo Sverige AB's overall GF Score™ is 76/100 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 KlaraBo Sverige AB (OSTO:KLARA B), the current Beneish M-Score is -1.71 as of Sep. 18, 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 KlaraBo Sverige AB (OSTO:KLARA B) Overvalued in 2026?

Based on GuruFocus' analysis, KlaraBo Sverige AB stock appears to be undervalued. The current stock price of kr12.92 is trading 22.9% below its estimated GF Value™ of kr16.76. GuruFocus considers KlaraBo Sverige AB to be Modestly Undervalued.

Key valuation signals for OSTO:KLARA B:

  • Beneish M-Score: -1.71
  • GF Value™: kr16.76 vs. price of kr12.92 (22.9% below fair value)
  • GF Score™: 76/100 with 7 warning signs

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


KlaraBo Sverige AB Business Description

Other Exchanges F5H:Germany
Address Hyllie Stationstorg 2, Malmo, SWE, 215 32
KlaraBo Sverige AB is a real estate company that acquires, builds, owns and manages attractive housing. The company's business concept is to manage and acquire residential properties, preferably with rental potential through value-adding renovations, as well as land for new production of environmentally certified, cost-effective and self-developed homes in wooden construction.
76GF Score

Get the complete analysis for OSTO:KLARA B

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

kr12.92
Price
kr16.76
GF Value