DMG Mori AG (STU:GIL) Beneish M-Score: -2.05 (As of Jun. 24, 2026)


STU:GIL DMG Mori AG STU:GIL
68 GF Score
Price €46.90
GF Value €37.45
Valuation Modestly Overvalued
! 4 Warning Signs
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What is DMG Mori AG Beneish M-Score?

DMG Mori AG STU:GIL +0.21% 68 Beneish M-Score is -2.05 as of Jun. 24, 2026. GuruFocus rates STU:GIL with a GF Score™ of 68/100 and a GF Value™ of €37.45 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,926 Industrial Products companies, DMG Mori AG ranks worse than 75.8% 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 -2.05 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

STU:GIL' s Beneish M-Score Range Over the Past 10 Years
Min: -2.71   Med: -2.52   Max: -2.05
Current: -2.05

During the past 13 years, the highest Beneish M-Score of DMG Mori AG was -2.05. The lowest was -2.71. And the median was -2.52.


DMG Mori AG Beneish M-Score Historical Data

* Premium members only.

The historical data trend for DMG Mori 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.

DMG Mori AG Beneish M-Score Chart

DMG Mori 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 -2.70 -2.55 -2.70 -2.71 -2.05

DMG Mori AG 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 -2.70 0.00 -2.71 0.00 -2.05

STU:GIL vs SNA, RBC, LECO: Beneish M-Score Comparison

For the Tools & Accessories subindustry, DMG Mori 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.


DMG Mori AG Beneish M-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, DMG Mori AG's Beneish M-Score distribution charts can be found below:

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


STU:GIL
68GF Score
DMG Mori AG STU:GIL
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DMG Mori 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 DMG Mori 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 * 1.5282+0.528 * 1.0307+0.404 * 0.9503+0.892 * 0.9381+0.115 * 0.9955
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0005+4.679 * 0.008389-0.327 * 1.1115
=-2.05

* 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 €1,003 Mil.
Revenue was €2,090 Mil.
Gross Profit was €1,061 Mil.
Total Current Assets was €1,815 Mil.
Total Assets was €2,702 Mil.
Property, Plant and Equipment(Net PPE) was €466 Mil.
Depreciation, Depletion and Amortization(DDA) was €78 Mil.
Selling, General, & Admin. Expense(SGA) was €137 Mil.
Total Current Liabilities was €1,154 Mil.
Long-Term Debt & Capital Lease Obligation was €31 Mil.
Net Income was €183 Mil.
Gross Profit was €0 Mil.
Cash Flow from Operations was €160 Mil.
Total Receivables was €699 Mil.
Revenue was €2,228 Mil.
Gross Profit was €1,166 Mil.
Total Current Assets was €1,642 Mil.
Total Assets was €2,544 Mil.
Property, Plant and Equipment(Net PPE) was €484 Mil.
Depreciation, Depletion and Amortization(DDA) was €81 Mil.
Selling, General, & Admin. Expense(SGA) was €146 Mil.
Total Current Liabilities was €965 Mil.
Long-Term Debt & Capital Lease Obligation was €39 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)
=(1002.526 / 2090.41) / (699.319 / 2228.34)
=0.479583 / 0.31383
=1.5282

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)
=(1166.18 / 2228.34) / (1061.457 / 2090.41)
=0.52334 / 0.507775
=1.0307

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 - (1814.808 + 466.173) / 2702.363) / (1 - (1642.446 + 484.322) / 2544.259)
=0.155931 / 0.164091
=0.9503

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
=2090.41 / 2228.34
=0.9381

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))
=(80.557 / (80.557 + 484.322)) / (77.944 / (77.944 + 466.173))
=0.142609 / 0.143249
=0.9955

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)
=(136.693 / 2090.41) / (145.637 / 2228.34)
=0.065391 / 0.065357
=1.0005

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)
=((31.037 + 1154.106) / 2702.363) / ((39.285 + 964.615) / 2544.259)
=0.438558 / 0.394575
=1.1115

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
=(182.847 - 0 - 160.176) / 2702.363
=0.008389

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.

DMG Mori AG has a M-score of -2.05 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 -2.05 mean?
DMG Mori AG (STU:GIL) has a Beneish M-Score of -2.05 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on DMG Mori AG and its competitors. According to the industry distribution chart, DMG Mori AG ranks #2218 out of 2926 companies in the Industrial Products industry, placing it in the top 75.8%.
Is DMG Mori AG's Beneish M-Score too high?
DMG Mori AG's current Beneish M-Score is -2.05. Based on the distribution chart, DMG Mori AG ranks #2218 out of 2926 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, DMG Mori AG has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DMG Mori AG's Beneish M-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, DMG Mori AG ranks #2218 out of 2926 companies for Beneish M-Score. This places DMG Mori 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 an Industrial Products company?
A good Beneish M-Score depends on the Industrial Products 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 DMG Mori AG and its competitors. DMG Mori AG's current Beneish M-Score is -2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DMG Mori AG stock overvalued right now?
Based on GuruFocus' analysis, DMG Mori AG (STU:GIL) is currently considered Modestly Overvalued. The stock's GF Value™ is €37.45, compared to a current price of €46.90 — trading 25.2% above its estimated fair value. The current Beneish M-Score is -2.05. DMG Mori AG's overall GF Score™ is 68/100 with 4 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 DMG Mori AG (STU:GIL), the current Beneish M-Score is -2.05 as of Jun. 24, 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 DMG Mori AG (STU:GIL) Overvalued in 2026?

Based on GuruFocus' analysis, DMG Mori AG stock appears to be overvalued. The current stock price of €46.90 is trading 25.2% above its estimated GF Value™ of €37.45. GuruFocus considers DMG Mori AG to be Modestly Overvalued.

Key valuation signals for STU:GIL:

  • Beneish M-Score: -2.05
  • GF Value™: €37.45 vs. price of €46.90 (25.2% above fair value)
  • GF Score™: 68/100 with 4 warning signs

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


DMG Mori AG Business Description

Other Exchanges 0OP0:UKGIL:Germany
Address Gildemeisterstrasse 60, Bielefeld, DEU, D-33689
DMG Mori AG is a manufacturer of turning centers, machining centers, mill-turn centers, grinding and drilling machines, and process automation. The company operates three business segments: machine tools, industrial services, and corporate services. The machine tools segment includes turning and milling companies that produce lathes and milling machines, technologies, and software solutions. Industrial solutions include the entire machine life cycle services. The end markets are Germany, the rest of Europe, and Asia. The company earns maximum sales revenue from the machine tools segment.
68GF Score

Get the complete analysis for STU:GIL

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

€46.90
Price
€37.45
GF Value