Tripleize Co (TSE:5026) Beneish M-Score: -2.57 (As of Jun. 26, 2026)


TSE:5026 Tripleize Co Ltd TSE:5026
67 GF Score
Price 円532.00
GF Value 円1,606.78
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Tripleize Co Beneish M-Score?

Tripleize Co TSE:5026 -1.12% 67 Beneish M-Score is -2.57 as of Jun. 26, 2026. GuruFocus rates TSE:5026 with a GF Score™ of 67/100 and a GF Value™ of 円1,606.78 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,634 Software companies, Tripleize Co ranks better than 51.78% 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 -2.57 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

TSE:5026' s Beneish M-Score Range Over the Past 10 Years
Min: -4.28   Med: -2.24   Max: 0.34
Current: -2.57

During the past 6 years, the highest Beneish M-Score of Tripleize Co was 0.34. The lowest was -4.28. And the median was -2.24.

Tripleize Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Tripleize 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.

Tripleize Co Beneish M-Score Chart

Tripleize Co Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Beneish M-Score
Get a 7-Day Free Trial 0.00 -1.91 -4.28 0.34 -2.57

Tripleize Co Semi-Annual Data
Aug20 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.34 0.00 -2.57 0.00

TSE:5026 vs IBM, ACN, FISV: Beneish M-Score Comparison

For the Information Technology Services subindustry, Tripleize 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.

Tripleize Co Beneish M-Score vs Software Industry

For the Software industry and Technology sector, Tripleize Co's Beneish M-Score distribution charts can be found below:

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


TSE:5026
67GF Score
Tripleize Co Ltd TSE:5026
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tripleize 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 Tripleize 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 * 0.8139+0.528 * 1.103+0.404 * 0.9658+0.892 * 1.2955+0.115 * 0.7638
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.056813-0.327 * 0.7727
=-2.57

* 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 (Aug25) TTM:Last Year (Aug24) TTM:
Total Receivables was 円752 Mil.
Revenue was 円5,714 Mil.
Gross Profit was 円1,732 Mil.
Total Current Assets was 円3,056 Mil.
Total Assets was 円4,845 Mil.
Property, Plant and Equipment(Net PPE) was 円485 Mil.
Depreciation, Depletion and Amortization(DDA) was 円204 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円1,819 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,056 Mil.
Net Income was 円-344 Mil.
Gross Profit was 円0 Mil.
Cash Flow from Operations was 円-69 Mil.
 Total Receivables was 円714 Mil.
Revenue was 円4,411 Mil.
Gross Profit was 円1,475 Mil.
Total Current Assets was 円3,028 Mil.
Total Assets was 円4,918 Mil.
Property, Plant and Equipment(Net PPE) was 円520 Mil.
Depreciation, Depletion and Amortization(DDA) was 円152 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円2,347 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,431 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)
=(752.388 / 5714.03) / (713.502 / 4410.537)
=0.131674 / 0.161772
=0.8139

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)
=(1474.512 / 4410.537) / (1731.945 / 5714.03)
=0.334316 / 0.303104
=1.103

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 - (3056.397 + 485.499) / 4845.099) / (1 - (3028.204 + 520.332) / 4918.167)
=0.268973 / 0.278484
=0.9658

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
=5714.03 / 4410.537
=1.2955

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))
=(152.191 / (152.191 + 520.332)) / (204.417 / (204.417 + 485.499))
=0.226299 / 0.296293
=0.7638

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 / 5714.03) / (0 / 4410.537)
=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)
=((1056.076 + 1819.067) / 4845.099) / ((1430.721 + 2346.519) / 4918.167)
=0.593413 / 0.768018
=0.7727

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
=(-343.999 - 0 - -68.735) / 4845.099
=-0.056813

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.

Tripleize Co has a M-score of -2.57 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 -2.57 mean?
Tripleize Co (TSE:5026) has a Beneish M-Score of -2.57 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Tripleize Co and its competitors. According to the industry distribution chart, Tripleize Co ranks #1270 out of 2634 companies in the Software industry, placing it in the top 48.2%.
Is Tripleize Co's Beneish M-Score too high?
Tripleize Co's current Beneish M-Score is -2.57. Based on the distribution chart, Tripleize Co ranks #1270 out of 2634 companies in the Software industry, which is above the industry midpoint. Overall, Tripleize Co has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tripleize Co's Beneish M-Score compare to IBM and ACN?
According to the Software industry distribution chart, Tripleize Co ranks #1270 out of 2634 companies for Beneish M-Score. This puts Tripleize 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 Software company?
A good Beneish M-Score depends on the Software 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 Tripleize Co and its competitors. Tripleize Co's current Beneish M-Score is -2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tripleize Co stock overvalued right now?
Based on GuruFocus' analysis, Tripleize Co (TSE:5026) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,606.78, compared to a current price of 円532.00 — trading 66.9% below its estimated fair value. The current Beneish M-Score is -2.57. Tripleize Co's overall GF Score™ is 67/100 with 6 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 Tripleize Co (TSE:5026), the current Beneish M-Score is -2.57 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 Tripleize Co (TSE:5026) Overvalued in 2026?

Based on GuruFocus' analysis, Tripleize Co stock appears to be undervalued. The current stock price of 円532.00 is trading 66.9% below its estimated GF Value™ of 円1,606.78. GuruFocus considers Tripleize Co to be Possible Value Trap.

Key valuation signals for TSE:5026:

  • Beneish M-Score: -2.57
  • GF Value™: 円1,606.78 vs. price of 円532.00 (66.9% below fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the TSE:5026 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tripleize Co Business Description

Address 4-1 Shibaura 3-chome, 32nd Floor, Granpark Tower, Minato-ku, Tokyo, JPN, 108-0023
Tripleize Co Ltd is an information technology company that helps its clients in digital transformation (DX) through the dual-pronged approach of AI platforms and system integration. The company's reportable segments are the AI Solution Business and the GPU Server Business. The majority of its revenue is generated from the AI Solutions Business, which is mainly a system integration business, including system development using AI technology. It also offers AIZE, an image recognition AI platform, digital transformation solutions, AI product development and engineering, and other related services. The GPU server business is mainly involved in the development, sales, and operation of high-performance PCs, and the construction and implementation of data center infrastructure.
67GF Score

Get the complete analysis for TSE:5026

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

円532.00
Price
円1,606.78
GF Value