Uranus Chemicals Co (ROCO:7742) Beneish M-Score: -1.76 (As of Jun. 28, 2026)


ROCO:7742 Uranus Chemicals Co Ltd ROCO:7742
13 GF Score
Price NT$138.50
! 7 Warning Signs
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What is Uranus Chemicals Co Beneish M-Score?

Uranus Chemicals Co ROCO:7742 -4.48% 13 Beneish M-Score is -1.76 as of Jun. 28, 2026. GuruFocus rates ROCO:7742 with a GF Score™ of 13/100. The stock has 7 warning signs investors should review. Among 1,526 Chemicals companies, Uranus Chemicals Co ranks worse than 85.71% 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 -1.76 higher than -1.78, which implies that the company might have manipulated its financial results.

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

ROCO:7742' s Beneish M-Score Range Over the Past 10 Years
Min: -2.79   Med: -1.76   Max: 7.84
Current: -1.76

During the past 5 years, the highest Beneish M-Score of Uranus Chemicals Co was 7.84. The lowest was -2.79. And the median was -1.76.

Uranus Chemicals Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Uranus Chemicals Co'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.

Uranus Chemicals Co Beneish M-Score Chart

Uranus Chemicals Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
0.00 0.00 7.84 -2.79 -1.76

Uranus Chemicals Co Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beneish M-Score Get a 7-Day Free Trial 7.84 0.00 -2.79 0.00 -1.76

ROCO:7742 vs LIN, SHW, ECL: Beneish M-Score Comparison

For the Specialty Chemicals subindustry, Uranus Chemicals Co'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.

Uranus Chemicals Co Beneish M-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Uranus Chemicals Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Uranus Chemicals Co's Beneish M-Score falls into.


ROCO:7742
13GF Score
Uranus Chemicals Co Ltd ROCO:7742
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Uranus Chemicals Co 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 Uranus Chemicals Co 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 * 0.5823+0.528 * 1.8923+0.404 * 0.9148+0.892 * 1.4243+0.115 * 0.9024
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.5757+4.679 * 0.07487-0.327 * 1.3842
=-1.76

* 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was NT$230 Mil.
Revenue was NT$1,171 Mil.
Gross Profit was NT$135 Mil.
Total Current Assets was NT$1,371 Mil.
Total Assets was NT$2,983 Mil.
Property, Plant and Equipment(Net PPE) was NT$1,538 Mil.
Depreciation, Depletion and Amortization(DDA) was NT$104 Mil.
Selling, General, & Admin. Expense(SGA) was NT$85 Mil.
Total Current Liabilities was NT$1,040 Mil.
Long-Term Debt & Capital Lease Obligation was NT$379 Mil.
Net Income was NT$-131 Mil.
Gross Profit was NT$0 Mil.
Cash Flow from Operations was NT$-354 Mil.
 Total Receivables was NT$277 Mil.
Revenue was NT$822 Mil.
Gross Profit was NT$180 Mil.
Total Current Assets was NT$965 Mil.
Total Assets was NT$2,660 Mil.
Property, Plant and Equipment(Net PPE) was NT$1,622 Mil.
Depreciation, Depletion and Amortization(DDA) was NT$98 Mil.
Selling, General, & Admin. Expense(SGA) was NT$103 Mil.
Total Current Liabilities was NT$617 Mil.
Long-Term Debt & Capital Lease Obligation was NT$297 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)
=(229.531 / 1170.649) / (276.771 / 821.91)
=0.196072 / 0.336741
=0.5823

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)
=(179.679 / 821.91) / (135.245 / 1170.649)
=0.218612 / 0.11553
=1.8923

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 - (1371.347 + 1537.658) / 2983.452) / (1 - (965.332 + 1622.116) / 2660.002)
=0.024953 / 0.027276
=0.9148

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
=1170.649 / 821.91
=1.4243

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))
=(98.118 / (98.118 + 1622.116)) / (103.754 / (103.754 + 1537.658))
=0.057038 / 0.06321
=0.9024

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)
=(84.829 / 1170.649) / (103.454 / 821.91)
=0.072463 / 0.12587
=0.5757

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)
=((379.057 + 1040.126) / 2983.452) / ((296.614 + 617.495) / 2660.002)
=0.475685 / 0.34365
=1.3842

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
=(-130.874 - 0 - -354.246) / 2983.452
=0.07487

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.

Uranus Chemicals Co has a M-score of -1.76 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 -1.76 mean?
Uranus Chemicals Co (ROCO:7742) has a Beneish M-Score of -1.76 as of Jun. 28, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Uranus Chemicals Co and its competitors. According to the industry distribution chart, Uranus Chemicals Co ranks #1308 out of 1526 companies in the Chemicals industry, placing it in the top 85.7%.
Is Uranus Chemicals Co's Beneish M-Score too high?
Uranus Chemicals Co's current Beneish M-Score is -1.76. Based on the distribution chart, Uranus Chemicals Co ranks #1308 out of 1526 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Uranus Chemicals Co has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Uranus Chemicals Co's Beneish M-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Uranus Chemicals Co ranks #1308 out of 1526 companies for Beneish M-Score. This places Uranus Chemicals Co 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 Chemicals company?
A good Beneish M-Score depends on the Chemicals 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 Uranus Chemicals Co and its competitors. Uranus Chemicals Co's current Beneish M-Score is -1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Uranus Chemicals Co stock overvalued right now?
Uranus Chemicals Co (ROCO:7742) has a current Beneish M-Score of -1.76. The current Beneish M-Score is -1.76. Uranus Chemicals Co's overall GF Score™ is 13/100 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 Uranus Chemicals Co (ROCO:7742), the current Beneish M-Score is -1.76 as of Jun. 28, 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.

Uranus Chemicals Co Business Description

Address Shijian Road, No. 18, Hukou Township, Hsinchu County, Taiwan, TWN, 303
Uranus Chemicals Co Ltd is a producer of oxalic acid and refines metals. The product portfolio of the company include power battery materials, electronic grade chemicals, and other specialty chemicals.
13GF Score

Get the complete analysis for ROCO:7742

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

NT$138.50
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