Prism Biolab Co (TSE:206A) Beneish M-Score: 0.09 (As of Jul. 17, 2026)

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TSE:206A Prism Biolab Co Ltd TSE:206A
11 GF Score
Price 円144.00
! 2 Warning Signs
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What is Prism Biolab Co Beneish M-Score?

Prism Biolab Co TSE:206A -1.37% 11 Beneish M-Score is 0.09 as of Jul. 17, 2026. GuruFocus rates TSE:206A with a GF Score™ of 11/100. The stock has 2 warning signs investors should review. Among 824 Biotechnology companies, Prism Biolab Co ranks worse than 83.98% 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.

Warning Sign:

Beneish M-Score 0.09 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Prism Biolab Co's Beneish M-Score or its related term are showing as below:

TSE:206A' s Beneish M-Score Range Over the Past 10 Years
Min: -3.14   Med: -1.53   Max: 0.09
Current: 0.09

During the past 4 years, the highest Beneish M-Score of Prism Biolab Co was 0.09. The lowest was -3.14. And the median was -1.53.


Prism Biolab Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Prism Biolab 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.

Prism Biolab Co Beneish M-Score Chart

Prism Biolab Co Annual Data
Trend Sep22 Sep23 Sep24 Sep25
Beneish M-Score
0.00 0.00 -3.14 0.09

Prism Biolab Co Quarterly Data
Sep22 Sep23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.09 0.00 0.00

TSE:206A vs VRTX, REGN, ALNY: Beneish M-Score Comparison

For the Biotechnology subindustry, Prism Biolab 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.


Prism Biolab Co Beneish M-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Prism Biolab Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Prism Biolab Co's Beneish M-Score falls into.


TSE:206A
11GF Score
Prism Biolab Co Ltd TSE:206A
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Prism Biolab 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 Prism Biolab 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+0.528 * 1.3189+0.404 * 1.5105+0.892 * 2.2162+0.115 * 1
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * 0.205679-0.327 * 0.5325
=0.09

* 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 (Sep25) TTM:Last Year (Sep24) TTM:
Total Receivables was 円0.0 Mil.
Revenue was 円677.3 Mil.
Gross Profit was 円269.8 Mil.
Total Current Assets was 円3,038.9 Mil.
Total Assets was 円3,085.7 Mil.
Property, Plant and Equipment(Net PPE) was 円0.0 Mil.
Depreciation, Depletion and Amortization(DDA) was 円0.0 Mil.
Selling, General, & Admin. Expense(SGA) was 円0.0 Mil.
Total Current Liabilities was 円370.1 Mil.
Long-Term Debt & Capital Lease Obligation was 円0.0 Mil.
Net Income was 円-833.7 Mil.
Gross Profit was 円0.0 Mil.
Cash Flow from Operations was 円-1,468.4 Mil.
Total Receivables was 円0.0 Mil.
Revenue was 円305.6 Mil.
Gross Profit was 円160.5 Mil.
Total Current Assets was 円4,483.1 Mil.
Total Assets was 円4,528.6 Mil.
Property, Plant and Equipment(Net PPE) was 円0.0 Mil.
Depreciation, Depletion and Amortization(DDA) was 円0.0 Mil.
Selling, General, & Admin. Expense(SGA) was 円0.0 Mil.
Total Current Liabilities was 円1,019.9 Mil.
Long-Term Debt & Capital Lease Obligation was 円0.0 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)
=(0 / 677.33) / (0 / 305.62)
=0 / 0
=1

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)
=(160.539 / 305.62) / (269.756 / 677.33)
=0.52529 / 0.398264
=1.3189

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 - (3038.891 + 0) / 3085.692) / (1 - (4483.094 + 0) / 4528.566)
=0.015167 / 0.010041
=1.5105

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
=677.33 / 305.62
=2.2162

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))
=(0 / (0 + 0)) / (0 / (0 + 0))
= /
=1

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)
=(0 / 677.33) / (0 / 305.62)
=0 / 0
=1

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 + 370.08) / 3085.692) / ((0 + 1019.869) / 4528.566)
=0.119934 / 0.225208
=0.5325

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
=(-833.7 - 0 - -1468.363) / 3085.692
=0.205679

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.

Prism Biolab Co has a M-score of 0.09 signals that the company is likely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.09 mean?
Prism Biolab Co (TSE:206A) has a Beneish M-Score of 0.09 as of Jul. 17, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Prism Biolab Co and its competitors. According to the industry distribution chart, Prism Biolab Co ranks #692 out of 824 companies in the Biotechnology industry, placing it in the top 84%.
Is Prism Biolab Co's Beneish M-Score too high?
Prism Biolab Co's current Beneish M-Score is 0.09. Based on the distribution chart, Prism Biolab Co ranks #692 out of 824 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Prism Biolab Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Prism Biolab Co's Beneish M-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Prism Biolab Co ranks #692 out of 824 companies for Beneish M-Score. This places Prism Biolab 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 Biotechnology company?
A good Beneish M-Score depends on the Biotechnology 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 Prism Biolab Co and its competitors. Prism Biolab Co's current Beneish M-Score is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prism Biolab Co stock overvalued right now?
Prism Biolab Co (TSE:206A) has a current Beneish M-Score of 0.09. The current Beneish M-Score is 0.09. Prism Biolab Co's overall GF Score™ is 11/100 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 Prism Biolab Co (TSE:206A), the current Beneish M-Score is 0.09 as of Jul. 17, 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.

Prism Biolab Co Business Description

Address 26-1, Muraoka-Higashi 2-chome, Kanagawa Prefecture, Fujisawa, JPN, 251-8555
Prism Biolab Co Ltd is engaged in drug discovery and development based on PepMetics Technology, a proprietary platform technology.
11GF Score

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Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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