Nifty Lifestyle Co (TSE:4262) Beneish M-Score: -2.73 (As of Jun. 26, 2026)


TSE:4262 Nifty Lifestyle Co Ltd TSE:4262
91 GF Score
Price 円1,283.00
GF Value 円1,514.14
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Nifty Lifestyle Co Beneish M-Score?

Nifty Lifestyle Co TSE:4262 -3.02% 91 Beneish M-Score is -2.73 as of Jun. 26, 2026. GuruFocus rates TSE:4262 with a GF Score™ of 91/100 and a GF Value™ of 円1,514.14 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,682 Real Estate companies, Nifty Lifestyle Co ranks better than 74.38% 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 -2.73 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

TSE:4262' s Beneish M-Score Range Over the Past 10 Years
Min: -2.78   Med: -2.69   Max: -1.77
Current: -2.73

During the past 7 years, the highest Beneish M-Score of Nifty Lifestyle Co was -1.77. The lowest was -2.78. And the median was -2.69.

Nifty Lifestyle Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Nifty Lifestyle 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.

Nifty Lifestyle Co Beneish M-Score Chart

Nifty Lifestyle Co Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
Get a 7-Day Free Trial -2.48 -2.69 -2.78 -1.77 -2.73

Nifty Lifestyle Co Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.78 0.00 -1.77 0.00 -2.73

TSE:4262 vs CBRE, BEKE: Beneish M-Score Comparison

For the Real Estate Services subindustry, Nifty Lifestyle 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.

Nifty Lifestyle Co Beneish M-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nifty Lifestyle Co's Beneish M-Score distribution charts can be found below:

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


TSE:4262
91GF Score
Nifty Lifestyle Co Ltd TSE:4262
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nifty Lifestyle 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 Nifty Lifestyle 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 * 0.973+0.528 * 0.925+0.404 * 0.8599+0.892 * 1.0606+0.115 * 1.143
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0504+4.679 * -0.046681-0.327 * 0.9176
=-2.73

* 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was 円766 Mil.
Revenue was 円5,238 Mil.
Gross Profit was 円4,010 Mil.
Total Current Assets was 円5,547 Mil.
Total Assets was 円7,465 Mil.
Property, Plant and Equipment(Net PPE) was 円168 Mil.
Depreciation, Depletion and Amortization(DDA) was 円394 Mil.
Selling, General, & Admin. Expense(SGA) was 円1,246 Mil.
Total Current Liabilities was 円1,010 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Net Income was 円779 Mil.
Gross Profit was 円0 Mil.
Cash Flow from Operations was 円1,127 Mil.
 Total Receivables was 円742 Mil.
Revenue was 円4,939 Mil.
Gross Profit was 円3,497 Mil.
Total Current Assets was 円5,011 Mil.
Total Assets was 円7,017 Mil.
Property, Plant and Equipment(Net PPE) was 円93 Mil.
Depreciation, Depletion and Amortization(DDA) was 円375 Mil.
Selling, General, & Admin. Expense(SGA) was 円1,118 Mil.
Total Current Liabilities was 円1,035 Mil.
Long-Term Debt & Capital Lease Obligation was 円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)
=(765.711 / 5238.123) / (741.971 / 4938.823)
=0.14618 / 0.150232
=0.973

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)
=(3497.254 / 4938.823) / (4010.049 / 5238.123)
=0.708115 / 0.765551
=0.925

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 - (5547.165 + 167.915) / 7464.822) / (1 - (5011.437 + 92.898) / 7016.987)
=0.234398 / 0.272575
=0.8599

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
=5238.123 / 4938.823
=1.0606

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))
=(375.31 / (375.31 + 92.898)) / (394.251 / (394.251 + 167.915))
=0.801588 / 0.701307
=1.143

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)
=(1245.516 / 5238.123) / (1118.024 / 4938.823)
=0.237779 / 0.226375
=1.0504

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 + 1010.493) / 7464.822) / ((0 + 1035.113) / 7016.987)
=0.135367 / 0.147515
=0.9176

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
=(778.531 - 0 - 1126.993) / 7464.822
=-0.046681

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.

Nifty Lifestyle Co has a M-score of -2.73 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -2.73 mean?
Nifty Lifestyle Co (TSE:4262) has a Beneish M-Score of -2.73 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Nifty Lifestyle Co and its competitors. According to the industry distribution chart, Nifty Lifestyle Co ranks #431 out of 1682 companies in the Real Estate industry, placing it in the top 25.6%.
Is Nifty Lifestyle Co's Beneish M-Score too high?
Nifty Lifestyle Co's current Beneish M-Score is -2.73. Based on the distribution chart, Nifty Lifestyle Co ranks #431 out of 1682 companies in the Real Estate industry, which is above the industry midpoint. Overall, Nifty Lifestyle Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nifty Lifestyle Co's Beneish M-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Nifty Lifestyle Co ranks #431 out of 1682 companies for Beneish M-Score. This puts Nifty Lifestyle 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 Real Estate company?
A good Beneish M-Score depends on the Real Estate 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 Nifty Lifestyle Co and its competitors. Nifty Lifestyle Co's current Beneish M-Score is -2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nifty Lifestyle Co stock overvalued right now?
Based on GuruFocus' analysis, Nifty Lifestyle Co (TSE:4262) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,514.14, compared to a current price of 円1,283.00 — trading 15.3% below its estimated fair value. The current Beneish M-Score is -2.73. Nifty Lifestyle Co's overall GF Score™ is 91/100 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 Nifty Lifestyle Co (TSE:4262), the current Beneish M-Score is -2.73 as of Jun. 26, 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 Nifty Lifestyle Co (TSE:4262) Overvalued in 2026?

Based on GuruFocus' analysis, Nifty Lifestyle Co stock appears to be undervalued. The current stock price of 円1,283.00 is trading 15.3% below its estimated GF Value™ of 円1,514.14. GuruFocus considers Nifty Lifestyle Co to be Modestly Undervalued.

Key valuation signals for TSE:4262:

  • Beneish M-Score: -2.73
  • GF Value™: 円1,514.14 vs. price of 円1,283.00 (15.3% below fair value)
  • GF Score™: 91/100 with 4 warning signs

No single metric tells the full story. See the TSE:4262 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nifty Lifestyle Co Business Description

Address 2-21-1 Kita-Shinjuku, 20th Floor, Shinjuku Front Tower, Shinjuku-ku, Tokyo, JPN, 169-0074
Nifty Lifestyle Co Ltd is involved in providing behavioral support services in Property Tech, Wellness Tech, and Cross Tech lifestyle areas in Japan. In the Property Tech business, the company operates a real estate property information search platform for rental and purchase. In addition, it includes an exterior wall painting platform that connects users with exterior wall painting contractors. In the Wellness tech business, it operates a search platform for day-trip bathing facilities, hot springs, and spas nationwide, as well as discount e-tickets, coupons, reviews, etc., and in the Cross-tech domain, the group provides an advertising submission support tool, DFO (Data Feed Optimization), and offers technical SEO and other web marketing support services.
91GF Score

Get the complete analysis for TSE:4262

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

円1,283.00
Price
円1,514.14
GF Value