SEBNF (Seven Bank) Beneish M-Score: -2.71 (As of Jun. 25, 2026)


SEBNF Seven Bank Ltd SEBNF
71 GF Score
Price $1.78
GF Value $2.30
! 2 Warning Signs
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What is Seven Bank Beneish M-Score?

Seven Bank SEBNF 71 Beneish M-Score is -2.71 as of Jun. 25, 2026. GuruFocus rates SEBNF with a GF Score™ of 71/100 and a GF Value™ of $2.30. The stock has 2 warning signs investors should review. Among 1,396 Banks companies, Seven Bank ranks better than 86.89% on this metric.

Note: Financial institutions were excluded from the sample in Beneish paper when calculating Beneish M-Score. Thus, the prediction might not fit banks and insurance companies.

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 -2.71 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

SEBNF' s Beneish M-Score Range Over the Past 10 Years
Min: -2.94   Med: -2.65   Max: -2.09
Current: -2.71

During the past 13 years, the highest Beneish M-Score of Seven Bank was -2.09. The lowest was -2.94. And the median was -2.65.

SEBNF
71GF Score
Seven Bank Ltd SEBNF
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Seven Bank 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 Seven Bank 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+0.528 * 1+0.404 * 1.0041+0.892 * 0.9685+0.115 * 0.9105
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9975+4.679 * -0.045579-0.327 * 1.1179
=-2.77

* 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was $0 Mil.
Revenue was $1,018 Mil.
Gross Profit was $1,018 Mil.
Total Current Assets was $0 Mil.
Total Assets was $9,741 Mil.
Property, Plant and Equipment(Net PPE) was $289 Mil.
Depreciation, Depletion and Amortization(DDA) was $195 Mil.
Selling, General, & Admin. Expense(SGA) was $792 Mil.
Total Current Liabilities was $0 Mil.
Long-Term Debt & Capital Lease Obligation was $716 Mil.
Net Income was $85 Mil.
Gross Profit was $0 Mil.
Cash Flow from Operations was $529 Mil.
 Total Receivables was $0 Mil.
Revenue was $1,051 Mil.
Gross Profit was $1,051 Mil.
Total Current Assets was $0 Mil.
Total Assets was $10,036 Mil.
Property, Plant and Equipment(Net PPE) was $337 Mil.
Depreciation, Depletion and Amortization(DDA) was $196 Mil.
Selling, General, & Admin. Expense(SGA) was $820 Mil.
Total Current Liabilities was $0 Mil.
Long-Term Debt & Capital Lease Obligation was $660 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)
=(0 / 1017.924) / (0 / 1050.983)
=0 / 0
=1

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)
=(1050.983 / 1050.983) / (1017.924 / 1017.924)
=1 / 1
=1

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 - (0 + 288.702) / 9741.093) / (1 - (0 + 337.098) / 10036.234)
=0.970362 / 0.966412
=1.0041

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
=1017.924 / 1050.983
=0.9685

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))
=(195.716 / (195.716 + 337.098)) / (195.232 / (195.232 + 288.702))
=0.367325 / 0.403427
=0.9105

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)
=(791.794 / 1017.924) / (819.589 / 1050.983)
=0.777852 / 0.779831
=0.9975

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)
=((715.881 + 0) / 9741.093) / ((659.765 + 0) / 10036.234)
=0.073491 / 0.065738
=1.1179

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
=(84.924 - 0 - 528.917) / 9741.093
=-0.045579

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.

Seven Bank has a M-score of -2.77 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -2.71 mean?
Seven Bank (SEBNF) has a Beneish M-Score of -2.71 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Seven Bank and its competitors. According to the industry distribution chart, Seven Bank ranks #183 out of 1396 companies in the Banks industry, placing it in the top 13.1%.
Is Seven Bank's Beneish M-Score too high?
Seven Bank's current Beneish M-Score is -2.71. Based on the distribution chart, Seven Bank ranks #183 out of 1396 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Seven Bank has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Seven Bank's Beneish M-Score compare to competitors?
According to the Banks industry distribution chart, Seven Bank ranks #183 out of 1396 companies for Beneish M-Score. This places Seven Bank in the top 13% 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 Banks company?
A good Beneish M-Score depends on the Banks 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 Seven Bank and its competitors. Seven Bank's current Beneish M-Score is -2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seven Bank stock overvalued right now?
Seven Bank (SEBNF) has a current Beneish M-Score of -2.71. The stock's GF Value™ is $2.30, compared to a current price of $1.78 — trading 22.6% below its estimated fair value. The current Beneish M-Score is -2.71. Seven Bank's overall GF Score™ is 71/100 with 2 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 Seven Bank (SEBNF), the current Beneish M-Score is -2.71 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 Seven Bank (SEBNF) Overvalued in 2026?

Based on GuruFocus' analysis, Seven Bank stock appears to be undervalued. The current stock price of $1.78 is trading 22.6% below its estimated GF Value™ of $2.30.

Key valuation signals for SEBNF:

  • Beneish M-Score: -2.71
  • GF Value™: $2.30 vs. price of $1.78 (22.6% below fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the SEBNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Seven Bank Business Description

Address 6-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005
Seven Bank Ltd is a Japan-based business bank. It operates a network of ATMs in partnership with financial institutions across Japan. The company's business segments include the ATM Services segment and the Financial Services segment. The ATM Services segment, provides deposits, withdrawals, and bank transfers at more than 22,000 Seven Bank ATMs nationwide using the cards of more than 590 partner institutions. The Financial Services segment provides convenient account-related services, such as ordinary deposits, time deposits, personal loans and international money transfers, which are accessible from not only Seven Bank ATMs but also personal computers and smartphones. Also, the company provides ATM services overseas and back-office support on commission through its subsidiaries.
71GF Score

Get the complete analysis for SEBNF

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

$1.78
Price
$2.30
GF Value