Moneta Money Bank AS (STU:MM0) Beneish M-Score: -2.49 (As of Jul. 02, 2026)


STU:MM0 Moneta Money Bank AS STU:MM0
64 GF Score
Price €7.74
GF Value €5.60
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Moneta Money Bank AS Beneish M-Score?

Moneta Money Bank AS STU:MM0 +0.72% 64 Beneish M-Score is -2.49 as of Jul. 02, 2026. GuruFocus rates STU:MM0 with a GF Score™ of 64/100 and a GF Value™ of €5.60 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,397 Banks companies, Moneta Money Bank AS ranks better than 68.22% on this metric.

Note: Financial institutions were excluded from the sample in Beneish paper when calculating Beneish M-Score. Thus, the prediction might not fit banks and insurance companies.

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 -2.49 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Moneta Money Bank AS's Beneish M-Score or its related term are showing as below:

STU:MM0' s Beneish M-Score Range Over the Past 10 Years
Min: -3.38   Med: -2.7   Max: -2.05
Current: -2.49

During the past 11 years, the highest Beneish M-Score of Moneta Money Bank AS was -2.05. The lowest was -3.38. And the median was -2.70.

STU:MM0
64GF Score
Moneta Money Bank AS STU:MM0
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Moneta Money Bank AS 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 Moneta Money Bank AS 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+0.528 * 1+0.404 * 1.0004+0.892 * 1.0927+0.115 * 1.0156
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9507+4.679 * -0.017389-0.327 * 0.9928
=-2.47

* 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 €0.0 Mil.
Revenue was 144.758 + 148.389 + 145.046 + 137.339 = €575.5 Mil.
Gross Profit was 144.758 + 148.389 + 145.046 + 137.339 = €575.5 Mil.
Total Current Assets was €0.0 Mil.
Total Assets was €21,296.2 Mil.
Property, Plant and Equipment(Net PPE) was €94.6 Mil.
Depreciation, Depletion and Amortization(DDA) was €46.4 Mil.
Selling, General, & Admin. Expense(SGA) was €66.5 Mil.
Total Current Liabilities was €0.0 Mil.
Long-Term Debt & Capital Lease Obligation was €912.4 Mil.
Net Income was 64.769 + 66.01 + 74.145 + 65.53 = €270.5 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = €0.0 Mil.
Cash Flow from Operations was 569.211 + 223.636 + -335.335 + 183.266 = €640.8 Mil.
 Total Receivables was €0.0 Mil.
Revenue was 135.007 + 136.978 + 129.458 + 125.28 = €526.7 Mil.
Gross Profit was 135.007 + 136.978 + 129.458 + 125.28 = €526.7 Mil.
Total Current Assets was €0.0 Mil.
Total Assets was €20,018.6 Mil.
Property, Plant and Equipment(Net PPE) was €97.0 Mil.
Depreciation, Depletion and Amortization(DDA) was €48.7 Mil.
Selling, General, & Admin. Expense(SGA) was €64.1 Mil.
Total Current Liabilities was €0.0 Mil.
Long-Term Debt & Capital Lease Obligation was €863.9 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 / 575.532) / (0 / 526.723)
=0 / 0
=1

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)
=(526.723 / 526.723) / (575.532 / 575.532)
=1 / 1
=1

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 + 94.596) / 21296.208) / (1 - (0 + 96.988) / 20018.6)
=0.995558 / 0.995155
=1.0004

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
=575.532 / 526.723
=1.0927

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))
=(48.664 / (48.664 + 96.988)) / (46.375 / (46.375 + 94.596))
=0.334111 / 0.328968
=1.0156

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)
=(66.546 / 575.532) / (64.06 / 526.723)
=0.115625 / 0.12162
=0.9507

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)
=((912.449 + 0) / 21296.208) / ((863.894 + 0) / 20018.6)
=0.042846 / 0.043155
=0.9928

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
=(270.454 - 0 - 640.778) / 21296.208
=-0.017389

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.

Moneta Money Bank AS has a M-score of -2.47 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 -2.49 mean?
Moneta Money Bank AS (STU:MM0) has a Beneish M-Score of -2.49 as of Jul. 02, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Moneta Money Bank AS and its competitors. According to the industry distribution chart, Moneta Money Bank AS ranks #444 out of 1397 companies in the Banks industry, placing it in the top 31.8%.
Is Moneta Money Bank AS's Beneish M-Score too high?
Moneta Money Bank AS's current Beneish M-Score is -2.49. Based on the distribution chart, Moneta Money Bank AS ranks #444 out of 1397 companies in the Banks industry, which is above the industry midpoint. Overall, Moneta Money Bank AS has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Moneta Money Bank AS's Beneish M-Score compare to PNC and USB?
According to the Banks industry distribution chart, Moneta Money Bank AS ranks #444 out of 1397 companies for Beneish M-Score. This puts Moneta Money Bank AS in the upper 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 Banks company?
A good Beneish M-Score depends on the Banks 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 Moneta Money Bank AS and its competitors. Moneta Money Bank AS's current Beneish M-Score is -2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moneta Money Bank AS stock overvalued right now?
Based on GuruFocus' analysis, Moneta Money Bank AS (STU:MM0) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.60, compared to a current price of €7.74 — trading 38.1% above its estimated fair value. The current Beneish M-Score is -2.49. Moneta Money Bank AS's overall GF Score™ is 64/100 with 6 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 Moneta Money Bank AS (STU:MM0), the current Beneish M-Score is -2.49 as of Jul. 02, 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 Moneta Money Bank AS (STU:MM0) Overvalued in 2026?

Based on GuruFocus' analysis, Moneta Money Bank AS stock appears to be overvalued. The current stock price of €7.74 is trading 38.1% above its estimated GF Value™ of €5.60. GuruFocus considers Moneta Money Bank AS to be Significantly Overvalued.

Key valuation signals for STU:MM0:

  • Beneish M-Score: -2.49
  • GF Value™: €5.60 vs. price of €7.74 (38.1% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the STU:MM0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Moneta Money Bank AS Business Description

Other Exchanges 0RGC:UKMONET:Czech Republic
Address Vyskocilova 1442/1b, Michle, 140 00, Prague 4, CZE, 140 28
Moneta Money Bank AS is a small and medium-sized enterprise banking institution based in the Czech Republic. The company's segment includes Commercial, Retail, and Other/Treasury. It generates maximum revenue from the Retail segment. The Retail segment focuses on deposits, loans, revolving products, credit cards, mortgages, building savings, and other transactions with retail customers. The Commercial segment consists of deposits, investment loans, revolving products, financing of real estate, and other services related to transactions with small and medium-sized enterprises, corporate clients, financial institutions, and public sector institutions. The Treasury Segment Performance and Other provides mainly the treasury function.
64GF Score

Get the complete analysis for STU:MM0

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

€7.74
Price
€5.60
GF Value