Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 -1.91 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Elecom Co's Beneish M-Score or its related term are showing as below:
TSE:6750'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.84 Med: -2.5 Max: -1.91
Current: -1.91
During the past 13 years, the highest Beneish M-Score of Elecom Co was -1.91. The lowest was -2.84. And the median was -2.50.
Elecom Co Beneish M-Score Related Terms
Elecom Co Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Elecom 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.
TSE:6750 vs SNDK, DELL, STX: Beneish M-Score Comparison
For the Computer Hardware subindustry, Elecom 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.
Elecom Co Beneish M-Score vs Hardware Industry
For the Hardware industry and Technology sector, Elecom Co's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Elecom Co's Beneish M-Score falls into.
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 Elecom 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 * 1.159
+
0.528 * 0.9878
+
0.404 * 0.8719
+
0.892 * 1.1197
+
0.115 * 1.1778
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1
+
4.679 * 0.071031
-
0.327 * 0.9252
=
-1.91
* 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.
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.
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))
=
(3816 / (3816 + 11602))
/
(3742 / (3742 + 14065))
=
0.247503
/
0.210142
=
1.1778
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
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
=
(20191 - 0
-
9877)
/
145205
=
0.071031
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.
Elecom Co has a M-score of -1.91 suggests that the company is unlikely to be a manipulator.
Elecom Co (TSE:6750) has a Beneish M-Score of -1.91 as of Jul. 15, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Elecom Co and its competitors. According to the industry distribution chart, Elecom Co ranks #1947 out of 2407 companies in the Hardware industry, placing it in the top 80.9%.
Is Elecom Co's Beneish M-Score too high?
Elecom Co's current Beneish M-Score is -1.91. Based on the distribution chart, Elecom Co ranks #1947 out of 2407 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Elecom Co has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elecom Co's Beneish M-Score compare to SNDK and DELL?
According to the Hardware industry distribution chart, Elecom Co ranks #1947 out of 2407 companies for Beneish M-Score. This places Elecom 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 a Hardware company?
A good Beneish M-Score depends on the Hardware 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 Elecom Co and its competitors. Elecom Co's current Beneish M-Score is -1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecom Co stock overvalued right now?
Based on GuruFocus' analysis, Elecom Co (TSE:6750) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,051.53, compared to a current price of 円1,837.00 — trading 10.5% below its estimated fair value. The current Beneish M-Score is -1.91. Elecom Co's overall GF Score™ is 93/100 with 3 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 Elecom Co (TSE:6750), the current Beneish M-Score is -1.91 as of Jul. 15, 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 Elecom Co (TSE:6750) Overvalued in 2026?
Based on GuruFocus' analysis, Elecom Co stock appears to be undervalued.
The current stock price of 円1,837.00 is trading 10.5% below its estimated GF Value™ of 円2,051.53.
GuruFocus considers Elecom Co to be Modestly Undervalued.
Key valuation signals for TSE:6750:
Beneish M-Score: -1.91
GF Value™: 円2,051.53 vs. price of 円1,837.00 (10.5% below fair value)
No single metric tells the full story. See the TSE:6750 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elecom Co Ltd is a Japan-based company which is engaged in the development, manufacture and sale of personal computer- and digital-equipment-related products through its subsidiaries. Its products portfolio includes personal computers, smartphones, televisions, digital photo frames, batteries, weight scales, digital cameras, digital video cameras, electronic dictionaries, speakers, game machines, light-emitting diode (LED) lighting devices, and others. The company also supplies peripherals, I/O devices, and PC accessories, such as mouse pads, mice and keyboards.
93GF Score
Get the complete analysis for TSE:6750
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:6750 has been successfully added to your 
