PROSF (Prosus NV) Beneish M-Score: -1.57 (As of Jun. 25, 2026)


PROSF Prosus NV PROSF
77 GF Score
Price $42.00
GF Value $73.20
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Prosus NV Beneish M-Score?

Prosus NV PROSF -0.59% 77 Beneish M-Score is -1.57 as of Jun. 25, 2026. GuruFocus rates PROSF with a GF Score™ of 77/100 and a GF Value™ of $73.20 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,087 Retail - Cyclical companies, Prosus NV ranks worse than 85.1% 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 -1.57 higher than -1.78, which implies that the company might have manipulated its financial results.

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

PROSF' s Beneish M-Score Range Over the Past 10 Years
Min: -2.04   Med: -1.72   Max: -0.6
Current: -1.57

During the past 9 years, the highest Beneish M-Score of Prosus NV was -0.60. The lowest was -2.04. And the median was -1.72.

Prosus NV Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Prosus NV'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.

Prosus NV Beneish M-Score Chart

Prosus NV Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only -1.72 -0.60 -1.63 -2.01 -1.57

Prosus NV Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.00 -2.01 0.00 -1.57 0.00

PROSF vs AMZN, BABA, PDD: Beneish M-Score Comparison

For the Internet Retail subindustry, Prosus NV'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.

Prosus NV Beneish M-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Prosus NV's Beneish M-Score distribution charts can be found below:

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


PROSF
77GF Score
Prosus NV PROSF
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Prosus NV 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 Prosus NV 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 * 1.0565+0.528 * 0.9557+0.404 * 1.0861+0.892 * 1.1286+0.115 * 1.0263
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9139+4.679 * 0.143922-0.327 * 0.8903
=-1.57

* 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 (Mar25) TTM:Last Year (Mar24) TTM:
Total Receivables was $2,231 Mil.
Revenue was $6,170 Mil.
Gross Profit was $2,624 Mil.
Total Current Assets was $22,083 Mil.
Total Assets was $72,588 Mil.
Property, Plant and Equipment(Net PPE) was $493 Mil.
Depreciation, Depletion and Amortization(DDA) was $146 Mil.
Selling, General, & Admin. Expense(SGA) was $2,463 Mil.
Total Current Liabilities was $6,231 Mil.
Long-Term Debt & Capital Lease Obligation was $15,053 Mil.
Net Income was $12,367 Mil.
Gross Profit was $0 Mil.
Cash Flow from Operations was $1,920 Mil.
 Total Receivables was $1,871 Mil.
Revenue was $5,467 Mil.
Gross Profit was $2,222 Mil.
Total Current Assets was $22,050 Mil.
Total Assets was $61,821 Mil.
Property, Plant and Equipment(Net PPE) was $555 Mil.
Depreciation, Depletion and Amortization(DDA) was $170 Mil.
Selling, General, & Admin. Expense(SGA) was $2,388 Mil.
Total Current Liabilities was $4,619 Mil.
Long-Term Debt & Capital Lease Obligation was $15,741 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)
=(2231 / 6170) / (1871 / 5467)
=0.361588 / 0.342235
=1.0565

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)
=(2222 / 5467) / (2624 / 6170)
=0.406439 / 0.425284
=0.9557

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 - (22083 + 493) / 72588) / (1 - (22050 + 555) / 61821)
=0.688984 / 0.634348
=1.0861

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
=6170 / 5467
=1.1286

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))
=(170 / (170 + 555)) / (146 / (146 + 493))
=0.234483 / 0.228482
=1.0263

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)
=(2463 / 6170) / (2388 / 5467)
=0.39919 / 0.436803
=0.9139

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)
=((15053 + 6231) / 72588) / ((15741 + 4619) / 61821)
=0.293217 / 0.329338
=0.8903

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
=(12367 - 0 - 1920) / 72588
=0.143922

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.

Prosus NV has a M-score of -1.57 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 -1.57 mean?
Prosus NV (PROSF) has a Beneish M-Score of -1.57 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Prosus NV and its competitors. According to the industry distribution chart, Prosus NV ranks #925 out of 1087 companies in the Retail - Cyclical industry, placing it in the top 85.1%.
Is Prosus NV's Beneish M-Score too high?
Prosus NV's current Beneish M-Score is -1.57. Based on the distribution chart, Prosus NV ranks #925 out of 1087 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Prosus NV has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Prosus NV's Beneish M-Score compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Prosus NV ranks #925 out of 1087 companies for Beneish M-Score. This places Prosus NV 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 Retail - Cyclical company?
A good Beneish M-Score depends on the Retail - Cyclical 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 Prosus NV and its competitors. Prosus NV's current Beneish M-Score is -1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prosus NV stock overvalued right now?
Based on GuruFocus' analysis, Prosus NV (PROSF) is currently considered Possible Value Trap. The stock's GF Value™ is $73.20, compared to a current price of $42.00 — trading 42.6% below its estimated fair value. The current Beneish M-Score is -1.57. Prosus NV's overall GF Score™ is 77/100 with 5 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 Prosus NV (PROSF), the current Beneish M-Score is -1.57 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 Prosus NV (PROSF) Overvalued in 2026?

Based on GuruFocus' analysis, Prosus NV stock appears to be undervalued. The current stock price of $42.00 is trading 42.6% below its estimated GF Value™ of $73.20. GuruFocus considers Prosus NV to be Possible Value Trap.

Key valuation signals for PROSF:

  • Beneish M-Score: -1.57
  • GF Value™: $73.20 vs. price of $42.00 (42.6% below fair value)
  • GF Score™: 77/100 with 5 warning signs

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

Prosus NV Business Description

Address Gustav Mahlerplein 5, Symphony Offices, Amsterdam, NH, NLD, 1082 MS
Prosus is a consumer internet group with listed and unlisted platforms across 100 countries. Around 80% of Prosus' net asset value is derived from its Tencent holdings, the world's largest game publisher and operator of WeChat, China's super app with 1.3 billion users. Prosus has approximately a 23% stake in Tencent. The rest of the group's businesses and investments are organized into classifieds, food delivery, payments and fintech, and edtech. This includes ownership of iFood, Brazil's largest food delivery app, and a 25% stake in Swiggy, the second-largest delivery platform in India.In 2019, Prosus was spun out of South Africa-based parent company Naspers Ltd and listed on the Euronext exchange. Naspers holds approximately 75% of Prosus' shares.
77GF Score

Get the complete analysis for PROSF

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

$42.00
Price
$73.20
GF Value