Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 -2.72 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Sumitomo Seika Chemicals Co's Beneish M-Score or its related term are showing as below:
TSE:4008'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.89 Med: -2.68 Max: -2.2
Current: -2.72
During the past 13 years, the highest Beneish M-Score of Sumitomo Seika Chemicals Co was -2.20. The lowest was -2.89. And the median was -2.68.
Sumitomo Seika Chemicals Co Beneish M-Score Related Terms
Sumitomo Seika Chemicals Co Beneish M-Score Historical Data
* 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.
TSE:4008 vs LIN, SHW, ECL: Beneish M-Score Comparison
For the Specialty Chemicals subindustry, Sumitomo Seika Chemicals 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.
Sumitomo Seika Chemicals Co Beneish M-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sumitomo Seika Chemicals Co's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Sumitomo Seika Chemicals Co's Beneish M-Score falls into.
Sumitomo Seika Chemicals 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 Sumitomo Seika Chemicals 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 * 1.0492
+
0.528 * 0.8704
+
0.404 * 1.1159
+
0.892 * 1.0053
+
0.115 * 1.1608
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.014
+
4.679 * -0.064184
-
0.327 * 0.9604
=
-2.72
* 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))
=
(5737 / (5737 + 51682))
/
(5524 / (5524 + 58655))
=
0.099915
/
0.086072
=
1.1608
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
=
(7677 - 0
-
17480)
/
152732
=
-0.064184
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.
Sumitomo Seika Chemicals Co has a M-score of -2.72 suggests that the company is unlikely to be a manipulator.
Sumitomo Seika Chemicals Co (TSE:4008) has a Beneish M-Score of -2.72 as of Jul. 23, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Sumitomo Seika Chemicals Co and its competitors. According to the industry distribution chart, Sumitomo Seika Chemicals Co ranks #477 out of 1526 companies in the Chemicals industry, placing it in the top 31.3%.
Is Sumitomo Seika Chemicals Co's Beneish M-Score too high?
Sumitomo Seika Chemicals Co's current Beneish M-Score is -2.72. Based on the distribution chart, Sumitomo Seika Chemicals Co ranks #477 out of 1526 companies in the Chemicals industry, which is above the industry midpoint. Overall, Sumitomo Seika Chemicals Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sumitomo Seika Chemicals Co's Beneish M-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sumitomo Seika Chemicals Co ranks #477 out of 1526 companies for Beneish M-Score. This puts Sumitomo Seika Chemicals Co in the upper 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 Chemicals company?
A good Beneish M-Score depends on the Chemicals 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 Sumitomo Seika Chemicals Co and its competitors. Sumitomo Seika Chemicals Co's current Beneish M-Score is -2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sumitomo Seika Chemicals Co stock overvalued right now?
Based on GuruFocus' analysis, Sumitomo Seika Chemicals Co (TSE:4008) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,055.61, compared to a current price of 円1,300.00 — trading 23.2% above its estimated fair value. The current Beneish M-Score is -2.72. Sumitomo Seika Chemicals Co's overall GF Score™ is 74/100 with 3 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 Sumitomo Seika Chemicals Co (TSE:4008), the current Beneish M-Score is -2.72 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 Sumitomo Seika Chemicals Co (TSE:4008) Overvalued in 2026?
Based on GuruFocus' analysis, Sumitomo Seika Chemicals Co stock appears to be overvalued.
The current stock price of 円1,300.00 is trading 23.2% above its estimated GF Value™ of 円1,055.61.
GuruFocus considers Sumitomo Seika Chemicals Co to be Modestly Overvalued.
Key valuation signals for TSE:4008:
Beneish M-Score: -2.72
GF Value™: 円1,055.61 vs. price of 円1,300.00 (23.2% above fair value)
No single metric tells the full story. See the TSE:4008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sumitomo Seika Chemicals Co Ltd manufactures and sells chemicals and chemical-based products in three segments based on product type. The superabsorbent-polymers segment, which generates the majority of revenue, sells diapers, sanitary napkins, water repellent tape for power and optical cables, and sodium polyacrylate products used as a water-retention agent for agricultural and horticultural use. The chemicals segment sells plastic polymers, latex, and chemical additives used in the production of lithium-ion batteries and pharmaceuticals. The gases segment sells gases for industrial use, which includes electronics production, as well as aerosol propellant gas and nitrous oxide.
74GF Score
Get the complete analysis for TSE:4008
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:4008 has been successfully added to your 
