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Feed One CoTSE:2060 +0.62%64 Beneish M-Score is -2.86 as of Jul. 15, 2026. GuruFocus rates TSE:2060 with a GF Score™ of 64/100 and a GF Value™ of 円862.00 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,849 Consumer Packaged Goods companies, Feed One Co ranks better than 76.42% 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 -2.86 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Feed One Co's Beneish M-Score or its related term are showing as below:
TSE:2060'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.01 Med: -2.65 Max: -1.85
Current: -2.86
During the past 12 years, the highest Beneish M-Score of Feed One Co was -1.85. The lowest was -3.01. And the median was -2.65.
Feed One Co Beneish M-Score Related Terms
Feed One Co Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Feed One 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 Packaged Foods subindustry, Feed One 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.
Feed One Co Beneish M-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Feed One Co's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Feed One 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 Feed One 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 * 0.9532
+
0.528 * 0.9246
+
0.404 * 1.1506
+
0.892 * 0.9819
+
0.115 * 1.1265
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1
+
4.679 * -0.080537
-
0.327 * 0.9518
=
-2.86
* 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))
=
(3621 / (3621 + 31308))
/
(3932 / (3932 + 38797))
=
0.103667
/
0.092022
=
1.1265
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
=
(6377 - 0
-
17090)
/
133020
=
-0.080537
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.
Feed One Co has a M-score of -2.86 suggests that the company is unlikely to be a manipulator.
Feed One Co (TSE:2060) has a Beneish M-Score of -2.86 as of Jul. 15, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Feed One Co and its competitors. According to the industry distribution chart, Feed One Co ranks #436 out of 1849 companies in the Consumer Packaged Goods industry, placing it in the top 23.6%.
Is Feed One Co's Beneish M-Score too high?
Feed One Co's current Beneish M-Score is -2.86. Based on the distribution chart, Feed One Co ranks #436 out of 1849 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Feed One Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Feed One Co's Beneish M-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Feed One Co ranks #436 out of 1849 companies for Beneish M-Score. This places Feed One Co in the top 24% 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 a Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods 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 Feed One Co and its competitors. Feed One Co's current Beneish M-Score is -2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feed One Co stock overvalued right now?
Based on GuruFocus' analysis, Feed One Co (TSE:2060) is currently considered Significantly Overvalued. The stock's GF Value™ is 円862.00, compared to a current price of 円1,300.00 — trading 50.8% above its estimated fair value. The current Beneish M-Score is -2.86. Feed One Co's overall GF Score™ is 64/100 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 Feed One Co (TSE:2060), the current Beneish M-Score is -2.86 as of Jul. 15, 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 Feed One Co (TSE:2060) Overvalued in 2026?
Based on GuruFocus' analysis, Feed One Co stock appears to be overvalued.
The current stock price of 円1,300.00 is trading 50.8% above its estimated GF Value™ of 円862.00.
GuruFocus considers Feed One Co to be Significantly Overvalued.
Key valuation signals for TSE:2060:
Beneish M-Score: -2.86
GF Value™: 円862.00 vs. price of 円1,300.00 (50.8% above fair value)
No single metric tells the full story. See the TSE:2060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Feed One Co Ltd is a Japanese company engaged in the manufacture and sale of mixed feed, animal and fishery feeds. It also provides other ancillary services such as farm-management consulting, management of veterinary examination and treatment facilities.
64GF Score
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