Gruvaktiebolaget Viscaria (STU:5KP) Beneish M-Score: 0.00 (As of Jun. 26, 2026)


STU:5KP Gruvaktiebolaget Viscaria STU:5KP
12 GF Score
Price €1.44
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What is Gruvaktiebolaget Viscaria Beneish M-Score?

Gruvaktiebolaget Viscaria STU:5KP +1.69% 12 Beneish M-Score is 0.00 as of Jun. 26, 2026. GuruFocus rates STU:5KP with a GF Score™ of 12/100. The stock has 1 warning sign investors should review. Among 685 Metals & Mining companies, Gruvaktiebolaget Viscaria ranks worse than 145985.26% 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.

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

During the past 13 years, the highest Beneish M-Score of Gruvaktiebolaget Viscaria was 127.71. The lowest was -5.19. And the median was 2.90.


Gruvaktiebolaget Viscaria Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Gruvaktiebolaget Viscaria'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.

Gruvaktiebolaget Viscaria Beneish M-Score Chart

Gruvaktiebolaget Viscaria Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
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Gruvaktiebolaget Viscaria 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 0.00 0.00 0.00 0.00 0.00

Gruvaktiebolaget Viscaria Beneish M-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Gruvaktiebolaget Viscaria'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.


Gruvaktiebolaget Viscaria Beneish M-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gruvaktiebolaget Viscaria's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Gruvaktiebolaget Viscaria's Beneish M-Score falls into.


STU:5KP
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Gruvaktiebolaget Viscaria STU:5KP
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Gruvaktiebolaget Viscaria 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 Gruvaktiebolaget Viscaria 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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 €7.29 Mil.
Revenue was 0 + 0 + 0 + 0 = €0.00 Mil.
Gross Profit was 7.464 + 6.965 + 5.027 + 5.711 = €25.17 Mil.
Total Current Assets was €100.93 Mil.
Total Assets was €392.47 Mil.
Property, Plant and Equipment(Net PPE) was €291.43 Mil.
Depreciation, Depletion and Amortization(DDA) was €0.00 Mil.
Selling, General, & Admin. Expense(SGA) was €0.00 Mil.
Total Current Liabilities was €77.38 Mil.
Long-Term Debt & Capital Lease Obligation was €1.46 Mil.
Net Income was -2.627 + -3.804 + -2.563 + -1.97 = €-10.96 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = €0.00 Mil.
Cash Flow from Operations was -5.19 + -5.89 + 2.982 + 5.23 = €-2.87 Mil.
Total Receivables was €2.01 Mil.
Revenue was 0 + 0 + 0 + 0 = €0.00 Mil.
Gross Profit was 7.495 + 6.033 + 8.976 + 8.008 = €30.51 Mil.
Total Current Assets was €37.00 Mil.
Total Assets was €189.20 Mil.
Property, Plant and Equipment(Net PPE) was €152.19 Mil.
Depreciation, Depletion and Amortization(DDA) was €0.00 Mil.
Selling, General, & Admin. Expense(SGA) was €0.00 Mil.
Total Current Liabilities was €37.35 Mil.
Long-Term Debt & Capital Lease Obligation was €2.07 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)
=(7.288 / 0) / (2.008 / 0)
= /
=

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)
=(30.512 / 0) / (25.167 / 0)
= /
=

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 - (100.925 + 291.431) / 392.468) / (1 - (36.999 + 152.186) / 189.203)
=0.000285 / 9.5E-5
=

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
=0 / 0
=

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))
=(0 / (0 + 152.186)) / (0 / (0 + 291.431))
=0 / 0
=

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 / 0) / (0 / 0)
= /
=

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)
=((1.458 + 77.381) / 392.468) / ((2.072 + 37.346) / 189.203)
=0.20088 / 0.208337
=

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
=(-10.964 - 0 - -2.868) / 392.468
=-0.020628

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.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
Gruvaktiebolaget Viscaria (STU:5KP) has a Beneish M-Score of 0.00 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Gruvaktiebolaget Viscaria and its competitors. According to the industry distribution chart, Gruvaktiebolaget Viscaria ranks #999999 out of 685 companies in the Metals & Mining industry.
Is Gruvaktiebolaget Viscaria's Beneish M-Score too high?
Gruvaktiebolaget Viscaria's current Beneish M-Score is 0.00. Based on the distribution chart, Gruvaktiebolaget Viscaria ranks #999999 out of 685 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Gruvaktiebolaget Viscaria has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Gruvaktiebolaget Viscaria's Beneish M-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Gruvaktiebolaget Viscaria ranks #999999 out of 685 companies for Beneish M-Score. This places Gruvaktiebolaget Viscaria 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 Metals & Mining company?
A good Beneish M-Score depends on the Metals & Mining 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 Gruvaktiebolaget Viscaria and its competitors. Gruvaktiebolaget Viscaria's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gruvaktiebolaget Viscaria stock overvalued right now?
Gruvaktiebolaget Viscaria (STU:5KP) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Gruvaktiebolaget Viscaria's overall GF Score™ is 12/100 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 Gruvaktiebolaget Viscaria (STU:5KP), the current Beneish M-Score is 0.00 as of Jun. 26, 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.

Gruvaktiebolaget Viscaria Business Description

Other Exchanges VISC:SwedenVISCs:UK0G3L:UK
Address Viscariavagen 10, Kiruna, SWE, SE-981 99
Gruvaktiebolaget Viscaria is a mining company. Its operations are focused on the extraction of copper through the reopening of the Viscaria mine in Kiruna. Viscaria is a rich deposit and copper producer in Europe when mining starts. Minerals such as iron, zinc, gold, silver and cobalt are also included in the company's portfolio of resources. It operates in one operating segment, i.e. exploration for and evaluation of mineral resources. The company also holds development projects in Sweden- one in Arvidsjaur and one in Smedjebacken region.
12GF Score

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

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