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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 -2.52 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Dynamic Medical Technologies's Beneish M-Score or its related term are showing as below:
ROCO:4138'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.04 Med: -2.68 Max: -2.25
Current: -2.52
During the past 13 years, the highest Beneish M-Score of Dynamic Medical Technologies was -2.25. The lowest was -3.04. And the median was -2.68.
Dynamic Medical Technologies Beneish M-Score Related Terms
Dynamic Medical Technologies Beneish M-Score Historical Data
* 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.
Dynamic Medical Technologies Beneish M-Score Chart
ROCO:4138 vs ABT, SYK, MDT: Beneish M-Score Comparison
For the Medical Devices subindustry, Dynamic Medical Technologies'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.
Dynamic Medical Technologies Beneish M-Score vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Dynamic Medical Technologies's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Dynamic Medical Technologies's Beneish M-Score falls into.
Dynamic Medical Technologies 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 Dynamic Medical Technologies 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 * 1.282
+
0.528 * 0.9075
+
0.404 * 1.3118
+
0.892 * 0.8818
+
0.115 * 0.982
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.2599
+
4.679 * -0.052069
-
0.327 * 0.9374
=
-2.52
* 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))
=
(177.776 / (177.776 + 459.583))
/
(149.505 / (149.505 + 376.846))
=
0.278926
/
0.28404
=
0.982
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
=
(152.059 - 0
-
314.861)
/
3126.647
=
-0.052069
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.
Dynamic Medical Technologies has a M-score of -2.52 suggests that the company is unlikely to be a manipulator.
Dynamic Medical Technologies (ROCO:4138) has a Beneish M-Score of -2.52 as of Jul. 15, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Dynamic Medical Technologies and its competitors. According to the industry distribution chart, Dynamic Medical Technologies ranks #432 out of 763 companies in the Medical Devices & Instruments industry, placing it in the top 56.6%.
Is Dynamic Medical Technologies' Beneish M-Score too high?
Dynamic Medical Technologies' current Beneish M-Score is -2.52. Based on the distribution chart, Dynamic Medical Technologies ranks #432 out of 763 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Dynamic Medical Technologies has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dynamic Medical Technologies' Beneish M-Score compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Dynamic Medical Technologies ranks #432 out of 763 companies for Beneish M-Score. This places Dynamic Medical Technologies 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 Medical Devices & Instruments company?
A good Beneish M-Score depends on the Medical Devices & Instruments 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 Dynamic Medical Technologies and its competitors. Dynamic Medical Technologies's current Beneish M-Score is -2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dynamic Medical Technologies stock overvalued right now?
Based on GuruFocus' analysis, Dynamic Medical Technologies (ROCO:4138) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$74.17, compared to a current price of NT$50.90 — trading 31.4% below its estimated fair value. The current Beneish M-Score is -2.52. Dynamic Medical Technologies' overall GF Score™ is 78/100 with 4 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 Dynamic Medical Technologies (ROCO:4138), the current Beneish M-Score is -2.52 as of Jul. 15, 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 Dynamic Medical Technologies (ROCO:4138) Overvalued in 2026?
Based on GuruFocus' analysis, Dynamic Medical Technologies stock appears to be undervalued.
The current stock price of NT$50.90 is trading 31.4% below its estimated GF Value™ of NT$74.17.
GuruFocus considers Dynamic Medical Technologies to be Significantly Undervalued.
Key valuation signals for ROCO:4138:
Beneish M-Score: -2.52
GF Value™: NT$74.17 vs. price of NT$50.90 (31.4% below fair value)
No single metric tells the full story. See the ROCO:4138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dynamic Medical Technologies Inc is engaged in the sales, maintenance, and integrated marketing of aesthetic lasers and light-based equipment. The company's product line includes aesthetic medical devices, body contouring devices, dermal fillers, and cosmeceuticals. The reportable segments after the adjustment are the Medical equipment trading segment and the Beauty channel segment. The Medical equipment trading segment includes selling, leasing, and repairing medical aesthetic equipment and selling the medical aesthetic consumables and cosmetic products. The Beauty channel segment generates revenues from the sale of lifestyle beauty products and treatments at physical store, as well as the sale of medical aesthetic products.
78GF Score
Get the complete analysis for ROCO:4138
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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