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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 -2.53 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Amazing Microelectronic's Beneish M-Score or its related term are showing as below:
ROCO:6411'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.24 Med: -2.39 Max: -1.67
Current: -2.53
During the past 13 years, the highest Beneish M-Score of Amazing Microelectronic was -1.67. The lowest was -3.24. And the median was -2.39.
Amazing Microelectronic Beneish M-Score Related Terms
Amazing Microelectronic 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.
ROCO:6411 vs NVDA, AVGO, MU: Beneish M-Score Comparison
For the Semiconductors subindustry, Amazing Microelectronic'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.
Amazing Microelectronic Beneish M-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Amazing Microelectronic's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Amazing Microelectronic'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 Amazing Microelectronic 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 * 0.9539
+
0.528 * 1.088
+
0.404 * 1.0776
+
0.892 * 0.8949
+
0.115 * 0.7919
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9152
+
4.679 * -0.005639
-
0.327 * 0.88
=
-2.53
* 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))
=
(86.21 / (86.21 + 1263.488))
/
(90.476 / (90.476 + 1031.194))
=
0.063874
/
0.080662
=
0.7919
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
=
(310.306 - 0
-
346.136)
/
6353.491
=
-0.005639
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.
Amazing Microelectronic has a M-score of -2.53 suggests that the company is unlikely to be a manipulator.
Amazing Microelectronic (ROCO:6411) has a Beneish M-Score of -2.53 as of Jul. 21, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Amazing Microelectronic and its competitors. According to the industry distribution chart, Amazing Microelectronic ranks #425 out of 987 companies in the Semiconductors industry, placing it in the top 43.1%.
Is Amazing Microelectronic's Beneish M-Score too high?
Amazing Microelectronic's current Beneish M-Score is -2.53. Based on the distribution chart, Amazing Microelectronic ranks #425 out of 987 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Amazing Microelectronic has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Amazing Microelectronic's Beneish M-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Amazing Microelectronic ranks #425 out of 987 companies for Beneish M-Score. This puts Amazing Microelectronic in the upper 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 Semiconductors company?
A good Beneish M-Score depends on the Semiconductors 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 Amazing Microelectronic and its competitors. Amazing Microelectronic's current Beneish M-Score is -2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amazing Microelectronic stock overvalued right now?
Based on GuruFocus' analysis, Amazing Microelectronic (ROCO:6411) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$87.91, compared to a current price of NT$79.20 — trading 9.9% below its estimated fair value. The current Beneish M-Score is -2.53. Amazing Microelectronic's overall GF Score™ is 72/100 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 Amazing Microelectronic (ROCO:6411), the current Beneish M-Score is -2.53 as of Jul. 21, 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 Amazing Microelectronic (ROCO:6411) Overvalued in 2026?
Based on GuruFocus' analysis, Amazing Microelectronic stock appears to be undervalued.
The current stock price of NT$79.20 is trading 9.9% below its estimated GF Value™ of NT$87.91.
GuruFocus considers Amazing Microelectronic to be Modestly Undervalued.
Key valuation signals for ROCO:6411:
Beneish M-Score: -2.53
GF Value™: NT$87.91 vs. price of NT$79.20 (9.9% below fair value)
No single metric tells the full story. See the ROCO:6411 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Amazing Microelectronic Corp engages in the design and development of ESD protection ICs. The company's products include ESD/EOS Protectors; EMI Filters; CAN Bus Transceivers; RS232 Transceivers; RS485 Transceivers; Digital Isolators; Hall Sensors; and Gate Drivers. The group's reportable segments are the IC Design and Development Segment, the Biotechnology Segment, and the R&D and Design Segment. It derives a majority of the revenue from the IC Design and Development Segment. The primary geographical markets: Taiwan, China (including Hong Kong), South Korea, the United States, and Others. It generates the majority of its revenue from Taiwan.
72GF Score
Get the complete analysis for ROCO:6411
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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