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.
Warning Sign:
Beneish M-Score 0.37 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Super Micro Computer's Beneish M-Score or its related term are showing as below:
STU:MS51'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.12 Med: -1.67 Max: 0.95
Current: 0.37
During the past 13 years, the highest Beneish M-Score of Super Micro Computer was 0.95. The lowest was -3.12. And the median was -1.67.
Super Micro Computer Beneish M-Score Related Terms
Super Micro Computer Beneish M-Score Historical Data
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The historical data trend for Super Micro Computer'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.
STU:MS51 vs IONQ, P, HPQ: Beneish M-Score Comparison
For the Computer Hardware subindustry, Super Micro Computer'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.
Super Micro Computer Beneish M-Score vs Hardware Industry
For the Hardware industry and Technology sector, Super Micro Computer's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Super Micro Computer's Beneish M-Score falls into.
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 Super Micro Computer 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 * 2.052
+
0.528 * 1.3407
+
0.404 * 0.5719
+
0.892 * 1.4478
+
0.115 * 1.1413
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.6723
+
4.679 * 0.333207
-
0.327 * 1.7573
=
0.28
* 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.
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.
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))
=
(45.652 / (45.652 + 455.623))
/
(72.694 / (72.694 + 838.268))
=
0.091072
/
0.079799
=
1.1413
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
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
=
(1072.79 - 89.086
-
-5775.73)
/
20286.005
=
0.333207
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.
Super Micro Computer has a M-score of 0.28 signals that the company is likely to be a manipulator.
Super Micro Computer (STU:MS51) has a Beneish M-Score of 0.37 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Super Micro Computer and its competitors. According to the industry distribution chart, Super Micro Computer ranks #2318 out of 2403 companies in the Hardware industry, placing it in the top 96.5%.
Is Super Micro Computer's Beneish M-Score too high?
Super Micro Computer's current Beneish M-Score is 0.37. Based on the distribution chart, Super Micro Computer ranks #2318 out of 2403 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Super Micro Computer has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Super Micro Computer's Beneish M-Score compare to IONQ and P?
According to the Hardware industry distribution chart, Super Micro Computer ranks #2318 out of 2403 companies for Beneish M-Score. This places Super Micro Computer 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 Hardware company?
A good Beneish M-Score depends on the Hardware 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 Super Micro Computer and its competitors. Super Micro Computer's current Beneish M-Score is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Super Micro Computer stock overvalued right now?
Based on GuruFocus' analysis, Super Micro Computer (STU:MS51) is currently considered Possible Value Trap. The stock's GF Value™ is €76.21, compared to a current price of €27.72 — trading 63.6% below its estimated fair value. The current Beneish M-Score is 0.37. Super Micro Computer's overall GF Score™ is 84/100 with 5 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 Super Micro Computer (STU:MS51), the current Beneish M-Score is 0.37 as of Jun. 25, 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 Super Micro Computer (STU:MS51) Overvalued in 2026?
Based on GuruFocus' analysis, Super Micro Computer stock appears to be undervalued.
The current stock price of €27.72 is trading 63.6% below its estimated GF Value™ of €76.21.
GuruFocus considers Super Micro Computer to be Possible Value Trap.
Key valuation signals for STU:MS51:
Beneish M-Score: 0.37
GF Value™: €76.21 vs. price of €27.72 (63.6% below fair value)
No single metric tells the full story. See the STU:MS51 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Super Micro Computer Inc provides high-performance server technology services to cloud computing, data centers, high-performance computing, and the Internet of Things embedded markets. Its solutions include servers, storage systems, modular blade servers, workstations, full-rack scale solutions, networking devices, server sub-systems, and server management. These turn-key solutions are designed, developed, validated, and installed for AI datacenters. The company has one operating segment that develops and provides high-performance server solutions based upon a, modular and open-standard architecture. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and other regions.
84GF Score
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