Saab ABSAABF +0.41%83 Beneish M-Score is -2.54 as of Jun. 25, 2026. GuruFocus rates SAABF with a GF Score™ of 83/100 and a GF Value™ of $40.46 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 326 Aerospace & Defense companies, Saab AB ranks better than 60.12% 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.
Good Sign:
Beneish M-Score -2.54 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Saab AB's Beneish M-Score or its related term are showing as below:
SAABF'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.06 Med: -2.54 Max: -2.04
Current: -2.54
During the past 13 years, the highest Beneish M-Score of Saab AB was -2.04. The lowest was -3.06. And the median was -2.54.
Saab AB Beneish M-Score Related Terms
Saab AB Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Saab AB'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.
For the Aerospace & Defense subindustry, Saab AB'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.
Saab AB Beneish M-Score vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Saab AB's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Saab AB'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 Saab AB 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 * 0.9444
+
0.528 * 1.0086
+
0.404 * 0.8838
+
0.892 * 1.4135
+
0.115 * 1
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.8321
+
4.679 * -0.050341
-
0.327 * 1.056
=
-2.43
* 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))
=
(0 / (0 + 1574.787))
/
(0 / (0 + 2484.008))
=
0
/
0
=
1
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
=
(691.932 - 0
-
1364.335)
/
13356.91
=
-0.050341
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.
Saab AB has a M-score of -2.43 suggests that the company is unlikely to be a manipulator.
Saab AB (SAABF) has a Beneish M-Score of -2.54 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Saab AB and its competitors. According to the industry distribution chart, Saab AB ranks #130 out of 326 companies in the Aerospace & Defense industry, placing it in the top 39.9%.
Is Saab AB's Beneish M-Score too high?
Saab AB's current Beneish M-Score is -2.54. Based on the distribution chart, Saab AB ranks #130 out of 326 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Saab AB has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saab AB's Beneish M-Score compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Saab AB ranks #130 out of 326 companies for Beneish M-Score. This puts Saab AB 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 an Aerospace & Defense company?
A good Beneish M-Score depends on the Aerospace & Defense 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 Saab AB and its competitors. Saab AB's current Beneish M-Score is -2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saab AB stock overvalued right now?
Based on GuruFocus' analysis, Saab AB (SAABF) is currently considered Modestly Overvalued. The stock's GF Value™ is $40.46, compared to a current price of $50.61 — trading 25.1% above its estimated fair value. The current Beneish M-Score is -2.54. Saab AB's overall GF Score™ is 83/100 with 1 warning sign 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 Saab AB (SAABF), the current Beneish M-Score is -2.54 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 Saab AB (SAABF) Overvalued in 2026?
Based on GuruFocus' analysis, Saab AB stock appears to be overvalued.
The current stock price of $50.61 is trading 25.1% above its estimated GF Value™ of $40.46.
GuruFocus considers Saab AB to be Modestly Overvalued.
Key valuation signals for SAABF:
Beneish M-Score: -2.54
GF Value™: $40.46 vs. price of $50.61 (25.1% above fair value)
No single metric tells the full story. See the SAABF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saab supplies products and services for military, defense, and civil security. The company operates in four segments: aeronautics, dynamics, surveillance, and Kockums. Aeronautics involves the manufacturing and support of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. Surveillance supplies security services, and creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three fourths of Saab's sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.
83GF Score
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