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MisawaTSE:3169 -0.76%53 Beneish M-Score is -2.53 as of Jul. 14, 2026. GuruFocus rates TSE:3169 with a GF Score™ of 53/100 and a GF Value™ of 円624.58 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,083 Retail - Cyclical companies, Misawa ranks worse than 54.11% 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 -2.53 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Misawa's Beneish M-Score or its related term are showing as below:
TSE:3169'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.21 Med: -2.7 Max: -2.04
Current: -2.53
During the past 13 years, the highest Beneish M-Score of Misawa was -2.04. The lowest was -3.21. And the median was -2.70.
Misawa Beneish M-Score Related Terms
Misawa Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Misawa'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 Department Stores subindustry, Misawa'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.
Misawa Beneish M-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Misawa's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Misawa'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 Misawa 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 * 1.2724
+
0.528 * 0.9765
+
0.404 * 1.5155
+
0.892 * 0.9621
+
0.115 * 1.0225
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1
+
4.679 * -0.091772
-
0.327 * 1.1021
=
-2.53
* 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))
=
(130.825 / (130.825 + 911.946))
/
(122.821 / (122.821 + 878.177))
=
0.125459
/
0.122699
=
1.0225
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
=
(124.83 - 0
-
631.152)
/
5517.193
=
-0.091772
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.
Misawa has a M-score of -2.53 suggests that the company is unlikely to be a manipulator.
Misawa (TSE:3169) has a Beneish M-Score of -2.53 as of Jul. 14, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Misawa and its competitors. According to the industry distribution chart, Misawa ranks #586 out of 1083 companies in the Retail - Cyclical industry, placing it in the top 54.1%.
Is Misawa's Beneish M-Score too high?
Misawa's current Beneish M-Score is -2.53. Based on the distribution chart, Misawa ranks #586 out of 1083 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Misawa has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Misawa's Beneish M-Score compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Misawa ranks #586 out of 1083 companies for Beneish M-Score. This places Misawa 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 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 Misawa and its competitors. Misawa's current Beneish M-Score is -2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Misawa stock overvalued right now?
Based on GuruFocus' analysis, Misawa (TSE:3169) is currently considered Fairly Valued. The stock's GF Value™ is 円624.58, compared to a current price of 円653.00 — trading 4.6% above its estimated fair value. The current Beneish M-Score is -2.53. Misawa's overall GF Score™ is 53/100 with 4 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 Misawa (TSE:3169), the current Beneish M-Score is -2.53 as of Jul. 14, 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 Misawa (TSE:3169) Overvalued in 2026?
Based on GuruFocus' analysis, Misawa stock appears to be overvalued.
The current stock price of 円653.00 is trading 4.6% above its estimated GF Value™ of 円624.58.
GuruFocus considers Misawa to be Fairly Valued.
Key valuation signals for TSE:3169:
Beneish M-Score: -2.53
GF Value™: 円624.58 vs. price of 円653.00 (4.6% above fair value)
No single metric tells the full story. See the TSE:3169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Misawa & Co Ltd is a company mainly engaged in the planning and sale of furniture, fabric goods, interior goods, and miscellaneous goods. The company operates through two reportable segments: the Unico segment and the Food segment. The Unico segment is engaged in the planning and sales of furniture, fabrics, interior goods, and miscellaneous items. The Food segment operates restaurants that serve dishes made with fresh, locally sourced ingredients. It generates the majority of its revenue from the Unico segment.
53GF Score
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