GoingPublic Media AG (STU:G6P0) Beneish M-Score: -2.30 (As of Jun. 30, 2026)


STU:G6P0 GoingPublic Media AG STU:G6P0
60 GF Score
Price €3.64
GF Value €3.36
! 7 Warning Signs
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What is GoingPublic Media AG Beneish M-Score?

GoingPublic Media AG STU:G6P0 60 Beneish M-Score is -2.30 as of Jun. 30, 2026. GuruFocus rates STU:G6P0 with a GF Score™ of 60/100 and a GF Value™ of €3.36. The stock has 7 warning signs investors should review. Among 983 Media - Diversified companies, GoingPublic Media AG ranks worse than 67.55% 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 -2.3 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

STU:G6P0' s Beneish M-Score Range Over the Past 10 Years
Min: -2.69   Med: -2.22   Max: -1.62
Current: -2.3

During the past 13 years, the highest Beneish M-Score of GoingPublic Media AG was -1.62. The lowest was -2.69. And the median was -2.22.

GoingPublic Media AG Beneish M-Score Historical Data

* Premium members only.

The historical data trend for GoingPublic Media AG'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.

GoingPublic Media AG Beneish M-Score Chart

GoingPublic Media AG 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 -1.99 -2.69 -2.27 -2.10 -2.30

GoingPublic Media AG Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.99 -2.69 -2.27 -2.10 -2.30

STU:G6P0 vs NYT, WLY: Beneish M-Score Comparison

For the Publishing subindustry, GoingPublic Media AG'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.

GoingPublic Media AG Beneish M-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, GoingPublic Media AG's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where GoingPublic Media AG's Beneish M-Score falls into.


STU:G6P0
60GF Score
GoingPublic Media AG STU:G6P0
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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GoingPublic Media AG 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 GoingPublic Media AG 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 * 1.0423+0.528 * 1.0371+0.404 * 0.915+0.892 * 0.859+0.115 * 1.0324
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * 0.111549-0.327 * 1.7428
=-2.30

* 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 €0.23 Mil.
Revenue was €1.42 Mil.
Gross Profit was €1.20 Mil.
Total Current Assets was €0.69 Mil.
Total Assets was €0.76 Mil.
Property, Plant and Equipment(Net PPE) was €0.01 Mil.
Depreciation, Depletion and Amortization(DDA) was €0.02 Mil.
Selling, General, & Admin. Expense(SGA) was €0.00 Mil.
Total Current Liabilities was €0.09 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 Mil.
Net Income was €0.09 Mil.
Gross Profit was €0.00 Mil.
Cash Flow from Operations was €0.00 Mil.
 Total Receivables was €0.26 Mil.
Revenue was €1.65 Mil.
Gross Profit was €1.45 Mil.
Total Current Assets was €1.19 Mil.
Total Assets was €1.33 Mil.
Property, Plant and Equipment(Net PPE) was €0.02 Mil.
Depreciation, Depletion and Amortization(DDA) was €0.03 Mil.
Selling, General, & Admin. Expense(SGA) was €0.00 Mil.
Total Current Liabilities was €0.09 Mil.
Long-Term Debt & Capital Lease Obligation was €0.00 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)
=(0.231 / 1.42) / (0.258 / 1.653)
=0.162676 / 0.15608
=1.0423

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)
=(1.45 / 1.653) / (1.201 / 1.42)
=0.877193 / 0.845775
=1.0371

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 - (0.686 + 0.013) / 0.762) / (1 - (1.192 + 0.016) / 1.328)
=0.082677 / 0.090361
=0.915

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
=1.42 / 1.653
=0.859

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))
=(0.031 / (0.031 + 0.016)) / (0.023 / (0.023 + 0.013))
=0.659574 / 0.638889
=1.0324

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 / 1.42) / (0 / 1.653)
=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)
=((0 + 0.091) / 0.762) / ((0 + 0.091) / 1.328)
=0.119423 / 0.068524
=1.7428

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
=(0.085 - 0 - 0) / 0.762
=0.111549

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.

GoingPublic Media AG has a M-score of -2.30 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 -2.30 mean?
GoingPublic Media AG (STU:G6P0) has a Beneish M-Score of -2.30 as of Jun. 30, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on GoingPublic Media AG and its competitors. According to the industry distribution chart, GoingPublic Media AG ranks #664 out of 983 companies in the Media - Diversified industry, placing it in the top 67.5%.
Is GoingPublic Media AG's Beneish M-Score too high?
GoingPublic Media AG's current Beneish M-Score is -2.30. Based on the distribution chart, GoingPublic Media AG ranks #664 out of 983 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, GoingPublic Media AG has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does GoingPublic Media AG's Beneish M-Score compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, GoingPublic Media AG ranks #664 out of 983 companies for Beneish M-Score. This places GoingPublic Media AG 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 Media - Diversified company?
A good Beneish M-Score depends on the Media - Diversified 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 GoingPublic Media AG and its competitors. GoingPublic Media AG's current Beneish M-Score is -2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoingPublic Media AG stock overvalued right now?
GoingPublic Media AG (STU:G6P0) has a current Beneish M-Score of -2.30. The stock's GF Value™ is €3.36, compared to a current price of €3.64 — trading 8.3% above its estimated fair value. The current Beneish M-Score is -2.30. GoingPublic Media AG's overall GF Score™ is 60/100 with 7 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 GoingPublic Media AG (STU:G6P0), the current Beneish M-Score is -2.30 as of Jun. 30, 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 GoingPublic Media AG (STU:G6P0) Overvalued in 2026?

Based on GuruFocus' analysis, GoingPublic Media AG stock appears to be overvalued. The current stock price of €3.64 is trading 8.3% above its estimated GF Value™ of €3.36.

Key valuation signals for STU:G6P0:

  • Beneish M-Score: -2.30
  • GF Value™: €3.36 vs. price of €3.64 (8.3% above fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the STU:G6P0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

GoingPublic Media AG Business Description

Other Exchanges G6P0:Germany
Address Hofmannstrasse 7a, Munich, BY, DEU, 81379
GoingPublic Media AG is a German media platform for IPOs in German-speaking Europe. It publishes journals, newsletters, books, special guides, and also operates a platform for online newsletters and organizes events. Through its publications and online platform, the company operates as an intermediary between issuers, institutional investors, service providers, and the financial community, by highlighting current going public and being public trends and presenting all relevant capital market-related information.
60GF Score

Get the complete analysis for STU:G6P0

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

€3.64
Price
€3.36
GF Value