Jacques Bogart (STU:6XW) Beneish M-Score: -3.14 (As of Jul. 22, 2026)

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STU:6XW Jacques Bogart SA STU:6XW
49 GF Score
Price €2.05
GF Value €5.49
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Jacques Bogart Beneish M-Score?

Jacques Bogart STU:6XW +9.63% 49 Beneish M-Score is -3.14 as of Jul. 22, 2026. GuruFocus rates STU:6XW with a GF Score™ of 49/100 and a GF Value™ of €5.49 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,851 Consumer Packaged Goods companies, Jacques Bogart ranks better than 87.74% 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 -3.14 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

STU:6XW' s Beneish M-Score Range Over the Past 10 Years
Min: -3.5   Med: -2.79   Max: -2.21
Current: -3.14

During the past 13 years, the highest Beneish M-Score of Jacques Bogart was -2.21. The lowest was -3.50. And the median was -2.79.


Jacques Bogart Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Jacques Bogart'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.

Jacques Bogart Beneish M-Score Chart

Jacques Bogart Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.88 -2.84 -2.46 -2.90 -3.14

Jacques Bogart Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -2.46 0.00 -2.90 0.00 -3.14

STU:6XW vs PG, CL, KVUE: Beneish M-Score Comparison

For the Household & Personal Products subindustry, Jacques Bogart'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.


Jacques Bogart Beneish M-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jacques Bogart's Beneish M-Score distribution charts can be found below:

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


STU:6XW
49GF Score
Jacques Bogart SA STU:6XW
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jacques Bogart 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 Jacques Bogart 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 * 0.9331+0.528 * 1.0401+0.404 * 1.085+0.892 * 0.9145+0.115 * 0.7428
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.114528-0.327 * 1.0502
=-3.14

* 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was €26.2 Mil.
Revenue was €264.9 Mil.
Gross Profit was €134.5 Mil.
Total Current Assets was €171.4 Mil.
Total Assets was €349.4 Mil.
Property, Plant and Equipment(Net PPE) was €125.0 Mil.
Depreciation, Depletion and Amortization(DDA) was €36.7 Mil.
Selling, General, & Admin. Expense(SGA) was €0.0 Mil.
Total Current Liabilities was €190.2 Mil.
Long-Term Debt & Capital Lease Obligation was €99.5 Mil.
Net Income was €-22.6 Mil.
Gross Profit was €0.0 Mil.
Cash Flow from Operations was €17.4 Mil.
Total Receivables was €30.7 Mil.
Revenue was €289.7 Mil.
Gross Profit was €153.0 Mil.
Total Current Assets was €194.2 Mil.
Total Assets was €398.7 Mil.
Property, Plant and Equipment(Net PPE) was €148.7 Mil.
Depreciation, Depletion and Amortization(DDA) was €30.1 Mil.
Selling, General, & Admin. Expense(SGA) was €0.0 Mil.
Total Current Liabilities was €155.4 Mil.
Long-Term Debt & Capital Lease Obligation was €159.5 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)
=(26.199 / 264.879) / (30.704 / 289.655)
=0.098909 / 0.106002
=0.9331

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)
=(152.956 / 289.655) / (134.48 / 264.879)
=0.528063 / 0.507704
=1.0401

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 - (171.371 + 124.958) / 349.355) / (1 - (194.243 + 148.671) / 398.687)
=0.151783 / 0.139892
=1.085

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
=264.879 / 289.655
=0.9145

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))
=(30.149 / (30.149 + 148.671)) / (36.688 / (36.688 + 124.958))
=0.1686 / 0.226965
=0.7428

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 / 264.879) / (0 / 289.655)
=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)
=((99.537 + 190.214) / 349.355) / ((159.46 + 155.398) / 398.687)
=0.829388 / 0.789737
=1.0502

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
=(-22.645 - 0 - 17.366) / 349.355
=-0.114528

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.

Jacques Bogart has a M-score of -3.14 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 -3.14 mean?
Jacques Bogart (STU:6XW) has a Beneish M-Score of -3.14 as of Jul. 22, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Jacques Bogart and its competitors. According to the industry distribution chart, Jacques Bogart ranks #227 out of 1851 companies in the Consumer Packaged Goods industry, placing it in the top 12.3%.
Is Jacques Bogart's Beneish M-Score too high?
Jacques Bogart's current Beneish M-Score is -3.14. Based on the distribution chart, Jacques Bogart ranks #227 out of 1851 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Jacques Bogart has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jacques Bogart's Beneish M-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Jacques Bogart ranks #227 out of 1851 companies for Beneish M-Score. This places Jacques Bogart in the top 12% 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 Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods 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 Jacques Bogart and its competitors. Jacques Bogart's current Beneish M-Score is -3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jacques Bogart stock overvalued right now?
Based on GuruFocus' analysis, Jacques Bogart (STU:6XW) is currently considered Possible Value Trap. The stock's GF Value™ is €5.49, compared to a current price of €2.05 — trading 62.7% below its estimated fair value. The current Beneish M-Score is -3.14. Jacques Bogart's overall GF Score™ is 49/100 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 Jacques Bogart (STU:6XW), the current Beneish M-Score is -3.14 as of Jul. 22, 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 Jacques Bogart (STU:6XW) Overvalued in 2026?

Based on GuruFocus' analysis, Jacques Bogart stock appears to be undervalued. The current stock price of €2.05 is trading 62.7% below its estimated GF Value™ of €5.49. GuruFocus considers Jacques Bogart to be Possible Value Trap.

Key valuation signals for STU:6XW:

  • Beneish M-Score: -3.14
  • GF Value™: €5.49 vs. price of €2.05 (62.7% below fair value)
  • GF Score™: 49/100 with 3 warning signs

No single metric tells the full story. See the STU:6XW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jacques Bogart Business Description

Other Exchanges 0R9Q:UKJBOG:France
Address 13 Rue Pierre Leroux, Paris, FRA, 75007
Jacques Bogart SA is a France-based company engaged in the production and commercialization fragrances and cosmetics. The company's portfolio of brands includes Bogart and licenses for Ted Lapidus, Carven Chevignon, Lee Cooper and Naf Naf, among others.
49GF Score

Get the complete analysis for STU:6XW

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

€2.05
Price
€5.49
GF Value