internet infinity (TSE:6545) Beneish M-Score: -2.61 (As of Jun. 26, 2026)


TSE:6545 internet infinity Inc TSE:6545
90 GF Score
Price 円718.00
GF Value 円615.13
Valuation Modestly Overvalued
! 2 Warning Signs
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What is internet infinity Beneish M-Score?

internet infinity TSE:6545 +1.70% 90 Beneish M-Score is -2.61 as of Jun. 26, 2026. GuruFocus rates TSE:6545 with a GF Score™ of 90/100 and a GF Value™ of 円615.13 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 633 Healthcare Providers & Services companies, internet infinity ranks better than 51.97% 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 -2.61 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

TSE:6545' s Beneish M-Score Range Over the Past 10 Years
Min: -3.14   Med: -2.65   Max: -2.25
Current: -2.61

During the past 12 years, the highest Beneish M-Score of internet infinity was -2.25. The lowest was -3.14. And the median was -2.65.


internet infinity Beneish M-Score Historical Data

* Premium members only.

The historical data trend for internet infinity'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.

internet infinity Beneish M-Score Chart

internet infinity Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.25 -2.66 -2.78 -2.85 -2.61

internet infinity Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.78 0.00 -2.85 0.00 -2.61

TSE:6545 vs VEEV, BTSG, TEM: Beneish M-Score Comparison

For the Health Information Services subindustry, internet infinity'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.


internet infinity Beneish M-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, internet infinity's Beneish M-Score distribution charts can be found below:

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


TSE:6545
90GF Score
internet infinity Inc TSE:6545
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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internet infinity 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 internet infinity 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 * 0.9753+0.528 * 0.9561+0.404 * 1.4435+0.892 * 1.1416+0.115 * 0.814
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.080981-0.327 * 0.9548
=-2.61

* 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987 Mil.
Revenue was 円5,893 Mil.
Gross Profit was 円2,440 Mil.
Total Current Assets was 円3,078 Mil.
Total Assets was 円4,543 Mil.
Property, Plant and Equipment(Net PPE) was 円296 Mil.
Depreciation, Depletion and Amortization(DDA) was 円267 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円2,077 Mil.
Long-Term Debt & Capital Lease Obligation was 円500 Mil.
Net Income was 円320 Mil.
Gross Profit was 円0 Mil.
Cash Flow from Operations was 円688 Mil.
Total Receivables was 円886 Mil.
Revenue was 円5,162 Mil.
Gross Profit was 円2,044 Mil.
Total Current Assets was 円3,307 Mil.
Total Assets was 円4,329 Mil.
Property, Plant and Equipment(Net PPE) was 円250 Mil.
Depreciation, Depletion and Amortization(DDA) was 円157 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円1,966 Mil.
Long-Term Debt & Capital Lease Obligation was 円605 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)
=(986.722 / 5892.513) / (886.208 / 5161.692)
=0.167454 / 0.171689
=0.9753

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)
=(2043.673 / 5161.692) / (2440.045 / 5892.513)
=0.395931 / 0.414092
=0.9561

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 - (3077.877 + 295.971) / 4543.364) / (1 - (3306.774 + 250.253) / 4328.976)
=0.257412 / 0.178321
=1.4435

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
=5892.513 / 5161.692
=1.1416

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))
=(157.396 / (157.396 + 250.253)) / (267.095 / (267.095 + 295.971))
=0.386107 / 0.474358
=0.814

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 / 5892.513) / (0 / 5161.692)
=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)
=((499.617 + 2076.607) / 4543.364) / ((604.801 + 1966.001) / 4328.976)
=0.56703 / 0.593859
=0.9548

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
=(319.829 - 0 - 687.754) / 4543.364
=-0.080981

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.

internet infinity has a M-score of -2.61 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 -2.61 mean?
internet infinity (TSE:6545) has a Beneish M-Score of -2.61 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on internet infinity and its competitors. According to the industry distribution chart, internet infinity ranks #304 out of 633 companies in the Healthcare Providers & Services industry, placing it in the top 48%.
Is internet infinity's Beneish M-Score too high?
internet infinity's current Beneish M-Score is -2.61. Based on the distribution chart, internet infinity ranks #304 out of 633 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, internet infinity has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does internet infinity's Beneish M-Score compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, internet infinity ranks #304 out of 633 companies for Beneish M-Score. This puts internet infinity 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 Healthcare Providers & Services company?
A good Beneish M-Score depends on the Healthcare Providers & Services 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 internet infinity and its competitors. internet infinity's current Beneish M-Score is -2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is internet infinity stock overvalued right now?
Based on GuruFocus' analysis, internet infinity (TSE:6545) is currently considered Modestly Overvalued. The stock's GF Value™ is 円615.13, compared to a current price of 円718.00 — trading 16.7% above its estimated fair value. The current Beneish M-Score is -2.61. internet infinity's overall GF Score™ is 90/100 with 2 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 internet infinity (TSE:6545), the current Beneish M-Score is -2.61 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 internet infinity (TSE:6545) Overvalued in 2026?

Based on GuruFocus' analysis, internet infinity stock appears to be overvalued. The current stock price of 円718.00 is trading 16.7% above its estimated GF Value™ of 円615.13. GuruFocus considers internet infinity to be Modestly Overvalued.

Key valuation signals for TSE:6545:

  • Beneish M-Score: -2.61
  • GF Value™: 円615.13 vs. price of 円718.00 (16.7% above fair value)
  • GF Score™: 90/100 with 2 warning signs

No single metric tells the full story. See the TSE:6545 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


internet infinity Business Description

Address 1-11-2 Osaki, 4th Floor, Gate City Osaki East Tower, Shinagawa-ku, Tokyo, JPN, 141-0032
internet infinity Inc offers healthcare solutions and home care services.
90GF Score

Get the complete analysis for TSE:6545

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

円718.00
Price
円615.13
GF Value