Suzuki Co (TSE:6785) Beneish M-Score: -2.67 (As of Jun. 27, 2026)


TSE:6785 Suzuki Co Ltd TSE:6785
85 GF Score
Price 円3,325.00
GF Value 円2,152.86
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Suzuki Co Beneish M-Score?

Suzuki Co TSE:6785 -0.60% 85 Beneish M-Score is -2.67 as of Jun. 27, 2026. GuruFocus rates TSE:6785 with a GF Score™ of 85/100 and a GF Value™ of 円2,152.86 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,404 Hardware companies, Suzuki Co ranks better than 66.72% 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 -2.67 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

TSE:6785' s Beneish M-Score Range Over the Past 10 Years
Min: -3.07   Med: -2.74   Max: -2.64
Current: -2.67

During the past 13 years, the highest Beneish M-Score of Suzuki Co was -2.64. The lowest was -3.07. And the median was -2.74.


Suzuki Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Suzuki 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.

Suzuki Co Beneish M-Score Chart

Suzuki Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.80 -3.01 -2.69 -2.70 -2.67

Suzuki 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 -2.67 0.00 0.00 0.00

TSE:6785 vs APH, GLW, TEL: Beneish M-Score Comparison

For the Electronic Components subindustry, Suzuki 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.


Suzuki Co Beneish M-Score vs Hardware Industry

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

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


TSE:6785
85GF Score
Suzuki Co Ltd TSE:6785
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suzuki 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 Suzuki 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 * 0.9436+0.528 * 0.9807+0.404 * 1.0899+0.892 * 1.2019+0.115 * 0.8376
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.068898-0.327 * 1.0021
=-2.67

* 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 (Jun25) TTM:Last Year (Jun24) TTM:
Total Receivables was 円6,655 Mil.
Revenue was 円33,323 Mil.
Gross Profit was 円6,925 Mil.
Total Current Assets was 円19,464 Mil.
Total Assets was 円39,773 Mil.
Property, Plant and Equipment(Net PPE) was 円17,333 Mil.
Depreciation, Depletion and Amortization(DDA) was 円2,714 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円9,801 Mil.
Long-Term Debt & Capital Lease Obligation was 円579 Mil.
Net Income was 円2,761 Mil.
Gross Profit was 円0 Mil.
Cash Flow from Operations was 円5,501 Mil.
Total Receivables was 円5,868 Mil.
Revenue was 円27,726 Mil.
Gross Profit was 円5,651 Mil.
Total Current Assets was 円17,105 Mil.
Total Assets was 円37,064 Mil.
Property, Plant and Equipment(Net PPE) was 円17,414 Mil.
Depreciation, Depletion and Amortization(DDA) was 円2,228 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円8,473 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,180 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)
=(6655.466 / 33322.765) / (5868.348 / 27726.161)
=0.199727 / 0.211654
=0.9436

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)
=(5650.741 / 27726.161) / (6925.349 / 33322.765)
=0.203805 / 0.207826
=0.9807

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 - (19463.936 + 17333.152) / 39772.776) / (1 - (17105.068 + 17414.435) / 37063.86)
=0.074817 / 0.068648
=1.0899

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
=33322.765 / 27726.161
=1.2019

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))
=(2227.745 / (2227.745 + 17414.435)) / (2714.452 / (2714.452 + 17333.152))
=0.113416 / 0.1354
=0.8376

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 / 33322.765) / (0 / 27726.161)
=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)
=((578.5 + 9800.748) / 39772.776) / ((1179.7 + 8472.718) / 37063.86)
=0.260964 / 0.260427
=1.0021

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
=(2760.595 - 0 - 5500.84) / 39772.776
=-0.068898

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.

Suzuki Co has a M-score of -2.67 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 -2.67 mean?
Suzuki Co (TSE:6785) has a Beneish M-Score of -2.67 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Suzuki Co and its competitors. According to the industry distribution chart, Suzuki Co ranks #800 out of 2404 companies in the Hardware industry, placing it in the top 33.3%.
Is Suzuki Co's Beneish M-Score too high?
Suzuki Co's current Beneish M-Score is -2.67. Based on the distribution chart, Suzuki Co ranks #800 out of 2404 companies in the Hardware industry, which is above the industry midpoint. Overall, Suzuki Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suzuki Co's Beneish M-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Suzuki Co ranks #800 out of 2404 companies for Beneish M-Score. This puts Suzuki 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 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 Suzuki Co and its competitors. Suzuki Co's current Beneish M-Score is -2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzuki Co stock overvalued right now?
Based on GuruFocus' analysis, Suzuki Co (TSE:6785) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,152.86, compared to a current price of 円3,325.00 — trading 54.4% above its estimated fair value. The current Beneish M-Score is -2.67. Suzuki Co's overall GF Score™ is 85/100 with 5 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 Suzuki Co (TSE:6785), the current Beneish M-Score is -2.67 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 Suzuki Co (TSE:6785) Overvalued in 2026?

Based on GuruFocus' analysis, Suzuki Co stock appears to be overvalued. The current stock price of 円3,325.00 is trading 54.4% above its estimated GF Value™ of 円2,152.86. GuruFocus considers Suzuki Co to be Significantly Overvalued.

Key valuation signals for TSE:6785:

  • Beneish M-Score: -2.67
  • GF Value™: 円2,152.86 vs. price of 円3,325.00 (54.4% above fair value)
  • GF Score™: 85/100 with 5 warning signs

No single metric tells the full story. See the TSE:6785 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suzuki Co Business Description

Address Oaza-ogawara 2150-1, Suzaka, Nagano prefecture, JPN, 382-8588
Suzuki Co Ltd is engaged as manufacturer and supplier of electronic components. The products of the company include connector parts and lead frames, precision molded products, heat sink products, and semiconductor related equipment.
85GF Score

Get the complete analysis for TSE:6785

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

円3,325.00
Price
円2,152.86
GF Value