TOYRF (Toys R Us ANZ) Beneish M-Score: 0.00 (As of Jun. 26, 2026)


What is Toys R Us ANZ Beneish M-Score?

Toys R Us ANZ TOYRF +400.00% Beneish M-Score is 0.00 as of Jun. 26, 2026.

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.

The historical rank and industry rank for Toys R Us ANZ's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Toys R Us ANZ was 0.00. The lowest was 0.00. And the median was 0.00.

Toys R Us ANZ Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Toys R Us ANZ'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.

Toys R Us ANZ Beneish M-Score Chart

Toys R Us ANZ Annual Data
Trend Dec07 Dec08 Dec09 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.35 -4.17 -4.19 -4.22 -7.60

Toys R Us ANZ Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jan11 Jul11 Jan12 Jul12 Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18
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 0.00 -4.22 0.00 -7.60 0.00

TOYRF vs BWMG, AS, HAS: Beneish M-Score Comparison

For the Specialty Retail subindustry, Toys R Us ANZ'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.

Toys R Us ANZ Beneish M-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Toys R Us ANZ's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Toys R Us ANZ's Beneish M-Score falls into.


Toys R Us ANZ 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 Toys R Us ANZ 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 * 0.4398+0.528 * 0.9262+0.404 * 0.4429+0.892 * 0.6342+0.115 * 0.903
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0963+4.679 * -1.585218-0.327 * 2.6574
=-11.57

* 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 (Jul17) TTM:Last Year (Jul16) TTM:
Total Receivables was $1.70 Mil.
Revenue was $43.13 Mil.
Gross Profit was $12.84 Mil.
Total Current Assets was $11.40 Mil.
Total Assets was $15.13 Mil.
Property, Plant and Equipment(Net PPE) was $0.36 Mil.
Depreciation, Depletion and Amortization(DDA) was $1.28 Mil.
Selling, General, & Admin. Expense(SGA) was $17.95 Mil.
Total Current Liabilities was $54.62 Mil.
Long-Term Debt & Capital Lease Obligation was $0.08 Mil.
Net Income was $-26.13 Mil.
Gross Profit was $0.00 Mil.
Cash Flow from Operations was $-2.15 Mil.
 Total Receivables was $6.11 Mil.
Revenue was $68.00 Mil.
Gross Profit was $18.76 Mil.
Total Current Assets was $16.55 Mil.
Total Assets was $35.49 Mil.
Property, Plant and Equipment(Net PPE) was $1.10 Mil.
Depreciation, Depletion and Amortization(DDA) was $2.64 Mil.
Selling, General, & Admin. Expense(SGA) was $25.82 Mil.
Total Current Liabilities was $48.17 Mil.
Long-Term Debt & Capital Lease Obligation was $0.12 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)
=(1.703 / 43.129) / (6.105 / 68.004)
=0.039486 / 0.089774
=0.4398

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)
=(18.755 / 68.004) / (12.842 / 43.129)
=0.275793 / 0.297758
=0.9262

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 - (11.4 + 0.357) / 15.126) / (1 - (16.547 + 1.096) / 35.491)
=0.222729 / 0.502888
=0.4429

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
=43.129 / 68.004
=0.6342

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))
=(2.639 / (2.639 + 1.096)) / (1.284 / (1.284 + 0.357))
=0.70656 / 0.78245
=0.903

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)
=(17.953 / 43.129) / (25.822 / 68.004)
=0.416263 / 0.379713
=1.0963

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)
=((0.079 + 54.615) / 15.126) / ((0.124 + 48.169) / 35.491)
=3.615893 / 1.360711
=2.6574

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
=(-26.125 - 0 - -2.147) / 15.126
=-1.585218

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.

Toys R Us ANZ has a M-score of -11.57 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 0.00 mean?
Toys R Us ANZ (TOYRF) has a Beneish M-Score of 0.00 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Toys R Us ANZ and its competitors.
Is Toys R Us ANZ's Beneish M-Score too high?
Toys R Us ANZ's current Beneish M-Score is 0.00.
How does Toys R Us ANZ's Beneish M-Score compare to BWMG and AS?
Toys R Us ANZ's Beneish M-Score of 0.00 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Beneish M-Score depends on the Retail - Cyclical 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 Toys R Us ANZ and its competitors. Toys R Us ANZ's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toys R Us ANZ stock overvalued right now?
Toys R Us ANZ (TOYRF) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. 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 Toys R Us ANZ (TOYRF), the current Beneish M-Score is 0.00 as of Jun. 26, 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.

Toys R Us ANZ Business Description

Address 45-49 McNaughton Road, Unit 3, Clayton, VIC, AUS, 3168
Toys R Us ANZ Ltd is a brand builder and distributor of toys, sporting, and lifestyle products. The company is organised into two operating segments based on differences in products sold: Business to Consumer (B2C) and Corporate. The Business to Consumer segment is involved in sale of consumer products (toys, hobby and baby goods) to the consumers and Corporate relates to the corporate running costs of the Group. The company generates majority of its revenue from its B2C segment. Geographically the company operates in Australia.