Jenoba Co (TSE:5570) Beneish M-Score: -2.04 (As of Jul. 13, 2026)


TSE:5570 Jenoba Co Ltd TSE:5570
59 GF Score
Price 円633.00
GF Value 円814.63
Valuation Modestly Undervalued
View Full Analysis

What is Jenoba Co Beneish M-Score?

Jenoba Co TSE:5570 +1.44% 59 Beneish M-Score is -2.04 as of Jul. 13, 2026. GuruFocus rates TSE:5570 with a GF Score™ of 59/100 and a GF Value™ of 円814.63 (Modestly Undervalued). Among 532 Interactive Media companies, Jenoba Co ranks worse than 77.26% 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 -2.04 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

TSE:5570' s Beneish M-Score Range Over the Past 10 Years
Min: -2.67   Med: -2.04   Max: -1.12
Current: -2.04

During the past 5 years, the highest Beneish M-Score of Jenoba Co was -1.12. The lowest was -2.67. And the median was -2.04.


Jenoba Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Jenoba 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.

Jenoba Co Beneish M-Score Chart

Jenoba Co Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Beneish M-Score
0.00 0.00 -2.67 -1.12 -2.04

Jenoba Co Quarterly Data
Sep21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -2.04 0.00 0.00

TSE:5570 vs GOOGL, META, SPOT: Beneish M-Score Comparison

For the Internet Content & Information subindustry, Jenoba 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.


Jenoba Co Beneish M-Score vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Jenoba Co's Beneish M-Score distribution charts can be found below:

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


TSE:5570
59GF Score
Jenoba Co Ltd TSE:5570
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jenoba 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 Jenoba 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 * 0.98+0.528 * 0.9945+0.404 * 2.2278+0.892 * 1.0803+0.115 * 0.9097
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.012295-0.327 * 1.1045
=-2.04

* 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115 Mil.
Revenue was 円1,367 Mil.
Gross Profit was 円1,123 Mil.
Total Current Assets was 円3,232 Mil.
Total Assets was 円3,770 Mil.
Property, Plant and Equipment(Net PPE) was 円45 Mil.
Depreciation, Depletion and Amortization(DDA) was 円45 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円391 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Net Income was 円543 Mil.
Gross Profit was 円0 Mil.
Cash Flow from Operations was 円589 Mil.
Total Receivables was 円108 Mil.
Revenue was 円1,265 Mil.
Gross Profit was 円1,034 Mil.
Total Current Assets was 円3,699 Mil.
Total Assets was 円3,984 Mil.
Property, Plant and Equipment(Net PPE) was 円51 Mil.
Depreciation, Depletion and Amortization(DDA) was 円42 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円374 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)
=(114.84 / 1366.994) / (108.471 / 1265.333)
=0.084009 / 0.085725
=0.98

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)
=(1033.669 / 1265.333) / (1122.947 / 1366.994)
=0.816915 / 0.821472
=0.9945

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 - (3232.02 + 45.422) / 3770.416) / (1 - (3699.453 + 50.591) / 3983.849)
=0.130748 / 0.058688
=2.2278

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
=1366.994 / 1265.333
=1.0803

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))
=(41.971 / (41.971 + 50.591)) / (45.137 / (45.137 + 45.422))
=0.453437 / 0.498426
=0.9097

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 / 1366.994) / (0 / 1265.333)
=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 + 390.765) / 3770.416) / ((0 + 373.822) / 3983.849)
=0.10364 / 0.093834
=1.1045

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
=(542.549 - 0 - 588.906) / 3770.416
=-0.012295

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.

Jenoba Co has a M-score of -2.04 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 -2.04 mean?
Jenoba Co (TSE:5570) has a Beneish M-Score of -2.04 as of Jul. 13, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Jenoba Co and its competitors. According to the industry distribution chart, Jenoba Co ranks #411 out of 532 companies in the Interactive Media industry, placing it in the top 77.3%.
Is Jenoba Co's Beneish M-Score too high?
Jenoba Co's current Beneish M-Score is -2.04. Based on the distribution chart, Jenoba Co ranks #411 out of 532 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Jenoba Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jenoba Co's Beneish M-Score compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Jenoba Co ranks #411 out of 532 companies for Beneish M-Score. This places Jenoba 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 an Interactive Media company?
A good Beneish M-Score depends on the Interactive Media 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 Jenoba Co and its competitors. Jenoba Co's current Beneish M-Score is -2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jenoba Co stock overvalued right now?
Based on GuruFocus' analysis, Jenoba Co (TSE:5570) is currently considered Modestly Undervalued. The stock's GF Value™ is 円814.63, compared to a current price of 円633.00 — trading 22.3% below its estimated fair value. The current Beneish M-Score is -2.04. Jenoba Co's overall GF Score™ is 59/100. 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 Jenoba Co (TSE:5570), the current Beneish M-Score is -2.04 as of Jul. 13, 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 Jenoba Co (TSE:5570) Overvalued in 2026?

Based on GuruFocus' analysis, Jenoba Co stock appears to be undervalued. The current stock price of 円633.00 is trading 22.3% below its estimated GF Value™ of 円814.63. GuruFocus considers Jenoba Co to be Modestly Undervalued.

Key valuation signals for TSE:5570:

  • Beneish M-Score: -2.04
  • GF Value™: 円814.63 vs. price of 円633.00 (22.3% below fair value)
  • GF Score™: 59/100

No single metric tells the full story. See the TSE:5570 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jenoba Co Business Description

Address 1-34-4 Kanda Suda-cho, 6th Floor, Kanda Glow Building, Chiyoda-ku, Tokyo, JPN, 101-0041
Jenoba Co Ltd is engaged in the positional information data distribution service business.
59GF Score

Get the complete analysis for TSE:5570

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

円633.00
Price
円814.63
GF Value