Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 -3.52 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Lifestyle Global Enterprise's Beneish M-Score or its related term are showing as below:
ROCO:8066'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.52 Med: -2.71 Max: -1.68
Current: -3.52
During the past 13 years, the highest Beneish M-Score of Lifestyle Global Enterprise was -1.68. The lowest was -3.52. And the median was -2.71.
Lifestyle Global Enterprise Beneish M-Score Related Terms
Lifestyle Global Enterprise 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:8066 vs SN, SGI, MHK: Beneish M-Score Comparison
For the Furnishings, Fixtures & Appliances subindustry, Lifestyle Global Enterprise'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.
Lifestyle Global Enterprise Beneish M-Score vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Lifestyle Global Enterprise's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Lifestyle Global Enterprise's Beneish M-Score falls into.
Lifestyle Global Enterprise 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 Lifestyle Global Enterprise 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 * 0.7524
+
0.528 * 1.188
+
0.404 * 0.3884
+
0.892 * 0.8774
+
0.115 * 3.5355
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0401
+
4.679 * -0.168824
-
0.327 * 1.1542
=
-3.52
* 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))
=
(33.276 / (33.276 + 101.778))
/
(30.361 / (30.361 + 405.295))
=
0.24639
/
0.06969
=
3.5355
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
=
(-103.404 - 0
-
136.893)
/
1423.357
=
-0.168824
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.
Lifestyle Global Enterprise has a M-score of -3.52 suggests that the company is unlikely to be a manipulator.
Lifestyle Global Enterprise (ROCO:8066) has a Beneish M-Score of -3.52 as of Jul. 17, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Lifestyle Global Enterprise and its competitors. According to the industry distribution chart, Lifestyle Global Enterprise ranks #26 out of 417 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 6.2%.
Is Lifestyle Global Enterprise's Beneish M-Score too high?
Lifestyle Global Enterprise's current Beneish M-Score is -3.52. Based on the distribution chart, Lifestyle Global Enterprise ranks #26 out of 417 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Lifestyle Global Enterprise has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lifestyle Global Enterprise's Beneish M-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Lifestyle Global Enterprise ranks #26 out of 417 companies for Beneish M-Score. This places Lifestyle Global Enterprise in the top 6% of its industry — outperforming the majority of peers. 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 Furnishings, Fixtures & Appliances company?
A good Beneish M-Score depends on the Furnishings, Fixtures & Appliances 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 Lifestyle Global Enterprise and its competitors. Lifestyle Global Enterprise's current Beneish M-Score is -3.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lifestyle Global Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Lifestyle Global Enterprise (ROCO:8066) is currently considered Possible Value Trap. The stock's GF Value™ is NT$25.44, compared to a current price of NT$14.80 — trading 41.8% below its estimated fair value. The current Beneish M-Score is -3.52. Lifestyle Global Enterprise's overall GF Score™ is 65/100 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 Lifestyle Global Enterprise (ROCO:8066), the current Beneish M-Score is -3.52 as of Jul. 17, 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 Lifestyle Global Enterprise (ROCO:8066) Overvalued in 2026?
Based on GuruFocus' analysis, Lifestyle Global Enterprise stock appears to be undervalued.
The current stock price of NT$14.80 is trading 41.8% below its estimated GF Value™ of NT$25.44.
GuruFocus considers Lifestyle Global Enterprise to be Possible Value Trap.
Key valuation signals for ROCO:8066:
Beneish M-Score: -3.52
GF Value™: NT$25.44 vs. price of NT$14.80 (41.8% below fair value)
No single metric tells the full story. See the ROCO:8066 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lifestyle Global Enterprise Inc is a Taiwan-based company engaged in the manufacturing of furniture. The company wholesales and retails furniture, bedding, kitchen utensils, and decoration, as well as provides art consulting services. Its segments are Furniture merchandising and Exhibition management. Its products are mainly leather sofas and wooden furniture. It manufactures Sofas, beds, Sectionals, Home theater, and Dining tables. The company wholesales in Europe and America.
65GF Score
Get the complete analysis for ROCO:8066
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:8066 has been successfully added to your 
