THK CoTHKLY +0.92%62 Beneish M-Score is -3.92 as of Jul. 10, 2026. GuruFocus rates THKLY with a GF Score™ of 62/100 and a GF Value™ of $8.43 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,914 Industrial Products companies, THK Co ranks better than 96.4% 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 -3.92 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for THK Co's Beneish M-Score or its related term are showing as below:
THKLY'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.99 Med: -2.61 Max: -1.17
Current: -3.92
During the past 13 years, the highest Beneish M-Score of THK Co was -1.17. The lowest was -3.99. And the median was -2.61.
THK Co Beneish M-Score Related Terms
THK Co Beneish M-Score Historical Data
* Premium members only.
The historical data trend for THK Co'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.
For the Specialty Industrial Machinery subindustry, THK Co'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.
THK Co Beneish M-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, THK Co's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where THK Co'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 THK Co 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 * 0.7689
+
0.528 * 0.9329
+
0.404 * 0.7744
+
0.892 * 1.0134
+
0.115 * 1.0142
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9528
+
4.679 * -0.194351
-
0.327 * 1.3801
=
-3.83
* 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))
=
(161.077 / (161.077 + 1329.224))
/
(121.435 / (121.435 + 1018.069))
=
0.108084
/
0.106568
=
1.0142
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
=
(-419.745 - 0
-
168.907)
/
3028.805
=
-0.194351
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.
THK Co has a M-score of -3.83 suggests that the company is unlikely to be a manipulator.
THK Co (THKLY) has a Beneish M-Score of -3.92 as of Jul. 10, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on THK Co and its competitors. According to the industry distribution chart, THK Co ranks #105 out of 2914 companies in the Industrial Products industry, placing it in the top 3.6%.
Is THK Co's Beneish M-Score too high?
THK Co's current Beneish M-Score is -3.92. Based on the distribution chart, THK Co ranks #105 out of 2914 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, THK Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does THK Co's Beneish M-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, THK Co ranks #105 out of 2914 companies for Beneish M-Score. This places THK Co in the top 4% 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 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 THK Co and its competitors. THK Co's current Beneish M-Score is -3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THK Co stock overvalued right now?
Based on GuruFocus' analysis, THK Co (THKLY) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.43, compared to a current price of $23.04 — trading 173.3% above its estimated fair value. The current Beneish M-Score is -3.92. THK Co's overall GF Score™ is 62/100 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 THK Co (THKLY), the current Beneish M-Score is -3.92 as of Jul. 10, 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 THK Co (THKLY) Overvalued in 2026?
Based on GuruFocus' analysis, THK Co stock appears to be overvalued.
The current stock price of $23.04 is trading 173.3% above its estimated GF Value™ of $8.43.
GuruFocus considers THK Co to be Significantly Overvalued.
Key valuation signals for THKLY:
Beneish M-Score: -3.92
GF Value™: $8.43 vs. price of $23.04 (173.3% above fair value)
No single metric tells the full story. See the THKLY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
THK Co Ltd is a Japan-based company that manufactures and sells mechanical components such as LM guides, ball screws, and transportation equipment components, including link balls and suspension ball joints. The company operates through five reportable segments based on regional manufacturing and sales systems: Japan, Americas, Europe, China, and Other. It generates the majority of its revenue from Japan.
62GF Score
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