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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 -0.7 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Supreme Electronics Co's Beneish M-Score or its related term are showing as below:
TPE:8112'
s Beneish M-Score Range Over the Past 10 Years
Min: -4.21 Med: -1.8 Max: 0.17
Current: -0.7
During the past 13 years, the highest Beneish M-Score of Supreme Electronics Co was 0.17. The lowest was -4.21. And the median was -1.80.
Supreme Electronics Co Beneish M-Score Related Terms
Supreme Electronics Co Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Supreme Electronics 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.
TPE:8112 vs NVDA, AVGO, MU: Beneish M-Score Comparison
For the Semiconductors subindustry, Supreme Electronics 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.
Supreme Electronics Co Beneish M-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Supreme Electronics Co's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Supreme Electronics Co's Beneish M-Score falls into.
Supreme Electronics Co 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 Supreme Electronics 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 * 1.5023
+
0.528 * 0.807
+
0.404 * 0.912
+
0.892 * 1.2764
+
0.115 * 1.3448
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9462
+
4.679 * 0.263145
-
0.327 * 1.2133
=
-0.70
* 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))
=
(114.046 / (114.046 + 417.013))
/
(125.971 / (125.971 + 662.879))
=
0.214752
/
0.159689
=
1.3448
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
=
(4582.426 - 0
-
-25124.469)
/
112891.822
=
0.263145
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.
Supreme Electronics Co has a M-score of -0.70 signals that the company is likely to be a manipulator.
Supreme Electronics Co (TPE:8112) has a Beneish M-Score of -0.70 as of Jul. 23, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Supreme Electronics Co and its competitors. According to the industry distribution chart, Supreme Electronics Co ranks #898 out of 987 companies in the Semiconductors industry, placing it in the top 91%.
Is Supreme Electronics Co's Beneish M-Score too high?
Supreme Electronics Co's current Beneish M-Score is -0.70. Based on the distribution chart, Supreme Electronics Co ranks #898 out of 987 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Supreme Electronics Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Supreme Electronics Co's Beneish M-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Supreme Electronics Co ranks #898 out of 987 companies for Beneish M-Score. This places Supreme Electronics Co 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 Semiconductors company?
A good Beneish M-Score depends on the Semiconductors 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 Supreme Electronics Co and its competitors. Supreme Electronics Co's current Beneish M-Score is -0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Supreme Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Supreme Electronics Co (TPE:8112) is currently considered Fairly Valued. The stock's GF Value™ is NT$89.46, compared to a current price of NT$88.00 — trading 1.6% below its estimated fair value. The current Beneish M-Score is -0.70. Supreme Electronics Co's overall GF Score™ is 73/100 with 2 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 Supreme Electronics Co (TPE:8112), the current Beneish M-Score is -0.70 as of Jul. 23, 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 Supreme Electronics Co (TPE:8112) Overvalued in 2026?
Based on GuruFocus' analysis, Supreme Electronics Co stock appears to be undervalued.
The current stock price of NT$88.00 is trading 1.6% below its estimated GF Value™ of NT$89.46.
GuruFocus considers Supreme Electronics Co to be Fairly Valued.
Key valuation signals for TPE:8112:
Beneish M-Score: -0.70
GF Value™: NT$89.46 vs. price of NT$88.00 (1.6% below fair value)
No single metric tells the full story. See the TPE:8112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Supreme Electronics Co Ltd is engaged in the import and export dealership of a variety of electronic products and components. It manufactures and sells electronic components to computer manufacturers. The products offered by the group include NAND flash & other memory, DRAM, TFT/LCD, Application Processor, System LSI, and other products, of which key revenue is generated from NAND flash & other memory products. Its geographical segments are Hong Kong & China, Taiwan, the United States, and other countries, of which the majority of the income is generated from Hong Kong & China.
73GF Score
Get the complete analysis for TPE:8112
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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