Dmg Mori Co (TSE:6141) Beneish M-Score: -2.29 (As of Jun. 27, 2026)


TSE:6141 Dmg Mori Co Ltd TSE:6141
77 GF Score
Price 円3,516.00
GF Value 円2,792.96
Valuation Modestly Overvalued
! 13 Warning Signs
View Full Analysis

What is Dmg Mori Co Beneish M-Score?

Dmg Mori Co TSE:6141 -4.61% 77 Beneish M-Score is -2.29 as of Jun. 27, 2026. GuruFocus rates TSE:6141 with a GF Score™ of 77/100 and a GF Value™ of 円2,792.96 (Modestly Overvalued). The stock has 13 warning signs investors should review. Among 2,926 Industrial Products companies, Dmg Mori Co ranks worse than 63.29% 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 -2.29 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

TSE:6141' s Beneish M-Score Range Over the Past 10 Years
Min: -2.87   Med: -2.63   Max: -2.29
Current: -2.29

During the past 13 years, the highest Beneish M-Score of Dmg Mori Co was -2.29. The lowest was -2.87. And the median was -2.63.


Dmg Mori Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Dmg Mori 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.

Dmg Mori Co Beneish M-Score Chart

Dmg Mori Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.43 -2.63 -2.71 -2.62 -2.29

Dmg Mori Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -2.29 0.00

TSE:6141 vs GEV, ETN, PH: Beneish M-Score Comparison

For the Specialty Industrial Machinery subindustry, Dmg Mori 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.


Dmg Mori Co Beneish M-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dmg Mori Co's Beneish M-Score distribution charts can be found below:

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


TSE:6141
77GF Score
Dmg Mori Co Ltd TSE:6141
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dmg Mori 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 Dmg Mori 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 * 1.2736+0.528 * 0.9775+0.404 * 1.0265+0.892 * 0.9499+0.115 * 0.9637
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.002245-0.327 * 1.0138
=-2.29

* 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was 円80,729 Mil.
Revenue was 円527,195 Mil.
Gross Profit was 円332,728 Mil.
Total Current Assets was 円347,844 Mil.
Total Assets was 円868,965 Mil.
Property, Plant and Equipment(Net PPE) was 円254,347 Mil.
Depreciation, Depletion and Amortization(DDA) was 円34,614 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円383,124 Mil.
Long-Term Debt & Capital Lease Obligation was 円60,000 Mil.
Net Income was 円24,033 Mil.
Gross Profit was 円0 Mil.
Cash Flow from Operations was 円25,984 Mil.
Total Receivables was 円66,728 Mil.
Revenue was 円555,007 Mil.
Gross Profit was 円342,413 Mil.
Total Current Assets was 円317,711 Mil.
Total Assets was 円797,567 Mil.
Property, Plant and Equipment(Net PPE) was 円241,315 Mil.
Depreciation, Depletion and Amortization(DDA) was 円31,494 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円399,420 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,758 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)
=(80729 / 527195) / (66728 / 555007)
=0.153129 / 0.120229
=1.2736

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)
=(342413 / 555007) / (332728 / 527195)
=0.616953 / 0.631129
=0.9775

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 - (347844 + 254347) / 868965) / (1 - (317711 + 241315) / 797567)
=0.307002 / 0.299086
=1.0265

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
=527195 / 555007
=0.9499

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))
=(31494 / (31494 + 241315)) / (34614 / (34614 + 254347))
=0.115443 / 0.119788
=0.9637

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 / 527195) / (0 / 555007)
=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)
=((60000 + 383124) / 868965) / ((1758 + 399420) / 797567)
=0.509945 / 0.503002
=1.0138

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
=(24033 - 0 - 25984) / 868965
=-0.002245

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.

Dmg Mori Co has a M-score of -2.29 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 -2.29 mean?
Dmg Mori Co (TSE:6141) has a Beneish M-Score of -2.29 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Dmg Mori Co and its competitors. According to the industry distribution chart, Dmg Mori Co ranks #1852 out of 2926 companies in the Industrial Products industry, placing it in the top 63.3%.
Is Dmg Mori Co's Beneish M-Score too high?
Dmg Mori Co's current Beneish M-Score is -2.29. Based on the distribution chart, Dmg Mori Co ranks #1852 out of 2926 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Dmg Mori Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dmg Mori Co's Beneish M-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Dmg Mori Co ranks #1852 out of 2926 companies for Beneish M-Score. This places Dmg Mori 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 Industrial Products company?
A good Beneish M-Score depends on the Industrial Products 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 Dmg Mori Co and its competitors. Dmg Mori Co's current Beneish M-Score is -2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dmg Mori Co stock overvalued right now?
Based on GuruFocus' analysis, Dmg Mori Co (TSE:6141) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,792.96, compared to a current price of 円3,516.00 — trading 25.9% above its estimated fair value. The current Beneish M-Score is -2.29. Dmg Mori Co's overall GF Score™ is 77/100 with 13 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 Dmg Mori Co (TSE:6141), the current Beneish M-Score is -2.29 as of Jun. 27, 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 Dmg Mori Co (TSE:6141) Overvalued in 2026?

Based on GuruFocus' analysis, Dmg Mori Co stock appears to be overvalued. The current stock price of 円3,516.00 is trading 25.9% above its estimated GF Value™ of 円2,792.96. GuruFocus considers Dmg Mori Co to be Modestly Overvalued.

Key valuation signals for TSE:6141:

  • Beneish M-Score: -2.29
  • GF Value™: 円2,792.96 vs. price of 円3,516.00 (25.9% above fair value)
  • GF Score™: 77/100 with 13 warning signs

No single metric tells the full story. See the TSE:6141 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dmg Mori Co Business Description

Other Exchanges MRSKF:USA0MO:Germany
Address 2-3-23 Shiomi, Koto-ku, Tokyo, JPN, 135-0052
Dmg Mori Co Ltd is a manufacturer of machining tools used in various industries. The company specializes in industrial machining tools such as drills, mills, multiple axis turning centers, and CNC machines, as well as laser and ultrasonic cutting machines. Other products are complementary tools and applications to enhance the workplace around industrial machining tools, such as balancing devices and tool-handling devices. The product segments are the 5-axis machines and multipath mills. The end markets are homogeneously split between Germany, the rest of Europe, Asia and China, the Americas, and Japan.
77GF Score

Get the complete analysis for TSE:6141

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

円3,516.00
Price
円2,792.96
GF Value