STAEF (Stanley Electric Co) Beneish M-Score: -2.81 (As of Jun. 25, 2026)


STAEF Stanley Electric Co Ltd STAEF
89 GF Score
Price $20.36
GF Value $20.69
! 3 Warning Signs
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What is Stanley Electric Co Beneish M-Score?

Stanley Electric Co STAEF 89 Beneish M-Score is -2.81 as of Jun. 25, 2026. GuruFocus rates STAEF with a GF Score™ of 89/100 and a GF Value™ of $20.69. The stock has 3 warning signs investors should review. Among 1,273 Vehicles & Parts companies, Stanley Electric Co ranks better than 75.41% 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 -2.81 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

STAEF' s Beneish M-Score Range Over the Past 10 Years
Min: -2.96   Med: -2.77   Max: -2.43
Current: -2.81

During the past 13 years, the highest Beneish M-Score of Stanley Electric Co was -2.43. The lowest was -2.96. And the median was -2.77.


Stanley Electric Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Stanley Electric 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.

Stanley Electric Co Beneish M-Score Chart

Stanley Electric Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.51 -2.73 -2.55 -2.93 -2.81

Stanley Electric Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.93 0.00 0.00 0.00 -2.81

STAEF vs ORLY, AZO: Beneish M-Score Comparison

For the Auto Parts subindustry, Stanley Electric 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.


Stanley Electric Co Beneish M-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Stanley Electric Co's Beneish M-Score distribution charts can be found below:

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


STAEF
89GF Score
Stanley Electric Co Ltd STAEF
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Stanley Electric 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 Stanley Electric 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 * 1.0717+0.528 * 0.9967+0.404 * 1.0082+0.892 * 0.9557+0.115 * 1.1412
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.056262-0.327 * 1.5117
=-2.87

* 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 $532 Mil.
Revenue was $3,267 Mil.
Gross Profit was $680 Mil.
Total Current Assets was $2,590 Mil.
Total Assets was $5,100 Mil.
Property, Plant and Equipment(Net PPE) was $1,659 Mil.
Depreciation, Depletion and Amortization(DDA) was $264 Mil.
Selling, General, & Admin. Expense(SGA) was $0 Mil.
Total Current Liabilities was $1,111 Mil.
Long-Term Debt & Capital Lease Obligation was $267 Mil.
Net Income was $207 Mil.
Gross Profit was $0 Mil.
Cash Flow from Operations was $494 Mil.
Total Receivables was $519 Mil.
Revenue was $3,419 Mil.
Gross Profit was $709 Mil.
Total Current Assets was $2,617 Mil.
Total Assets was $5,029 Mil.
Property, Plant and Equipment(Net PPE) was $1,581 Mil.
Depreciation, Depletion and Amortization(DDA) was $293 Mil.
Selling, General, & Admin. Expense(SGA) was $0 Mil.
Total Current Liabilities was $611 Mil.
Long-Term Debt & Capital Lease Obligation was $288 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)
=(531.627 / 3267.25) / (519.048 / 3418.578)
=0.162714 / 0.151832
=1.0717

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)
=(708.934 / 3418.578) / (679.809 / 3267.25)
=0.207377 / 0.208068
=0.9967

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 - (2590.421 + 1659.192) / 5099.888) / (1 - (2616.693 + 1580.637) / 5028.962)
=0.166724 / 0.165369
=1.0082

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
=3267.25 / 3418.578
=0.9557

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))
=(293.061 / (293.061 + 1580.637)) / (263.513 / (263.513 + 1659.192))
=0.156408 / 0.137053
=1.1412

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)
=(0 / 3267.25) / (0 / 3418.578)
=0 / 0
=1

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)
=((266.841 + 1111.035) / 5099.888) / ((288.184 + 610.603) / 5028.962)
=0.270178 / 0.178722
=1.5117

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
=(206.784 - 0 - 493.715) / 5099.888
=-0.056262

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.

Stanley Electric Co has a M-score of -2.87 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 -2.81 mean?
Stanley Electric Co (STAEF) has a Beneish M-Score of -2.81 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Stanley Electric Co and its competitors. According to the industry distribution chart, Stanley Electric Co ranks #313 out of 1273 companies in the Vehicles & Parts industry, placing it in the top 24.6%.
Is Stanley Electric Co's Beneish M-Score too high?
Stanley Electric Co's current Beneish M-Score is -2.81. Based on the distribution chart, Stanley Electric Co ranks #313 out of 1273 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Stanley Electric Co has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Stanley Electric Co's Beneish M-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Stanley Electric Co ranks #313 out of 1273 companies for Beneish M-Score. This places Stanley Electric Co in the top 25% 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 Vehicles & Parts company?
A good Beneish M-Score depends on the Vehicles & Parts 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 Stanley Electric Co and its competitors. Stanley Electric Co's current Beneish M-Score is -2.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stanley Electric Co stock overvalued right now?
Stanley Electric Co (STAEF) has a current Beneish M-Score of -2.81. The stock's GF Value™ is $20.69, compared to a current price of $20.36 — trading 1.6% below its estimated fair value. The current Beneish M-Score is -2.81. Stanley Electric Co's overall GF Score™ is 89/100 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 Stanley Electric Co (STAEF), the current Beneish M-Score is -2.81 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 Stanley Electric Co (STAEF) Overvalued in 2026?

Based on GuruFocus' analysis, Stanley Electric Co stock appears to be undervalued. The current stock price of $20.36 is trading 1.6% below its estimated GF Value™ of $20.69.

Key valuation signals for STAEF:

  • Beneish M-Score: -2.81
  • GF Value™: $20.69 vs. price of $20.36 (1.6% below fair value)
  • GF Score™: 89/100 with 3 warning signs

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


Stanley Electric Co Business Description

Other Exchanges 6923:Japan
Address 2-9-13 Nakameguro, Meguro-ku, Tokyo, JPN, 153-8636
Stanley Electric Co Ltd is engaged in the manufacture and sale of lighting and electronic components, mainly for the automotive industry. The company operates through three reportable segments: Automotive Equipment Business, Components Business, and Electronic Application Products Business. The Automotive Equipment segment produces automotive lighting products for automobile manufacturers, while the Components segment provides electronic device products for electrical and automotive-related manufacturers. The Electronic Application Products segment manufactures products such as LCD backlights, strobes, and operation panels tailored to customer specifications. It generates the majority of its revenue from the Automotive equipment business segment.
89GF Score

Get the complete analysis for STAEF

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

$20.36
Price
$20.69
GF Value