Geomatec Co (TSE:6907) Beneish M-Score: -2.59 (As of Jul. 15, 2026)

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TSE:6907 Geomatec Co Ltd TSE:6907
57 GF Score
Price 円666.00
GF Value 円728.99
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Geomatec Co Beneish M-Score?

Geomatec Co TSE:6907 +0.45% 57 Beneish M-Score is -2.59 as of Jul. 15, 2026. GuruFocus rates TSE:6907 with a GF Score™ of 57/100 and a GF Value™ of 円728.99 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,407 Hardware companies, Geomatec Co ranks better than 60.2% 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 -2.59 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

TSE:6907' s Beneish M-Score Range Over the Past 10 Years
Min: -3.47   Med: -2.63   Max: -2.15
Current: -2.59

During the past 13 years, the highest Beneish M-Score of Geomatec Co was -2.15. The lowest was -3.47. And the median was -2.63.


Geomatec Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Geomatec 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.

Geomatec Co Beneish M-Score Chart

Geomatec Co 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 -2.67 -2.87 -2.15 -2.41 -2.59

Geomatec Co Semi-Annual Data
Sep16 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 -2.15 0.00 -2.41 0.00 -2.59

TSE:6907 vs APH, GLW: Beneish M-Score Comparison

For the Electronic Components subindustry, Geomatec 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.


Geomatec Co Beneish M-Score vs Hardware Industry

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

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


TSE:6907
57GF Score
Geomatec Co Ltd TSE:6907
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Geomatec 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 Geomatec 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 * 0.7702+0.528 * 1.196+0.404 * 1.0655+0.892 * 1.1378+0.115 * 0.8418
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.037517-0.327 * 0.8786
=-2.59

* 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4,001 Mil.
Revenue was 円6,009 Mil.
Gross Profit was 円1,463 Mil.
Total Current Assets was 円10,540 Mil.
Total Assets was 円16,460 Mil.
Property, Plant and Equipment(Net PPE) was 円2,012 Mil.
Depreciation, Depletion and Amortization(DDA) was 円179 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円5,040 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,107 Mil.
Net Income was 円639 Mil.
Gross Profit was 円0 Mil.
Cash Flow from Operations was 円1,256 Mil.
Total Receivables was 円4,566 Mil.
Revenue was 円5,281 Mil.
Gross Profit was 円1,538 Mil.
Total Current Assets was 円10,744 Mil.
Total Assets was 円16,358 Mil.
Property, Plant and Equipment(Net PPE) was 円1,968 Mil.
Depreciation, Depletion and Amortization(DDA) was 円146 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円5,707 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,246 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)
=(4001.071 / 6008.753) / (4565.543 / 5280.866)
=0.665874 / 0.864544
=0.7702

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)
=(1537.592 / 5280.866) / (1462.873 / 6008.753)
=0.291163 / 0.243457
=1.196

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 - (10539.533 + 2012.11) / 16460.346) / (1 - (10744.295 + 1968.446) / 16358.441)
=0.237462 / 0.222864
=1.0655

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
=6008.753 / 5280.866
=1.1378

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))
=(145.528 / (145.528 + 1968.446)) / (179.212 / (179.212 + 2012.11))
=0.068841 / 0.081783
=0.8418

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 / 6008.753) / (0 / 5280.866)
=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)
=((1107.475 + 5039.708) / 16460.346) / ((1246.088 + 5707.343) / 16358.441)
=0.373454 / 0.425067
=0.8786

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
=(638.845 - 0 - 1256.385) / 16460.346
=-0.037517

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.

Geomatec Co has a M-score of -2.59 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 -2.59 mean?
Geomatec Co (TSE:6907) has a Beneish M-Score of -2.59 as of Jul. 15, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Geomatec Co and its competitors. According to the industry distribution chart, Geomatec Co ranks #958 out of 2407 companies in the Hardware industry, placing it in the top 39.8%.
Is Geomatec Co's Beneish M-Score too high?
Geomatec Co's current Beneish M-Score is -2.59. Based on the distribution chart, Geomatec Co ranks #958 out of 2407 companies in the Hardware industry, which is above the industry midpoint. Overall, Geomatec Co has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Geomatec Co's Beneish M-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Geomatec Co ranks #958 out of 2407 companies for Beneish M-Score. This puts Geomatec 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 Geomatec Co and its competitors. Geomatec Co's current Beneish M-Score is -2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Geomatec Co stock overvalued right now?
Based on GuruFocus' analysis, Geomatec Co (TSE:6907) is currently considered Fairly Valued. The stock's GF Value™ is 円728.99, compared to a current price of 円666.00 — trading 8.6% below its estimated fair value. The current Beneish M-Score is -2.59. Geomatec Co's overall GF Score™ is 57/100 with 4 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 Geomatec Co (TSE:6907), the current Beneish M-Score is -2.59 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 Geomatec Co (TSE:6907) Overvalued in 2026?

Based on GuruFocus' analysis, Geomatec Co stock appears to be undervalued. The current stock price of 円666.00 is trading 8.6% below its estimated GF Value™ of 円728.99. GuruFocus considers Geomatec Co to be Fairly Valued.

Key valuation signals for TSE:6907:

  • Beneish M-Score: -2.59
  • GF Value™: 円728.99 vs. price of 円666.00 (8.6% below fair value)
  • GF Score™: 57/100 with 4 warning signs

No single metric tells the full story. See the TSE:6907 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Geomatec Co Business Description

Address Yokohama Landmark Tower, 9th Floor, Minato Mirai 2-2-1 Nishi-ku, Yokohama-shi, JPN, 220-8109
Geomatec Co Ltd is engaged in the manufacture and sales of substrates for flat panel displays. It offers substrates for liquid crystal displays, touch panels, parts for optical equipment, optical parts for solid lasers, other vacuum film formation products and others.
57GF Score

Get the complete analysis for TSE:6907

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

円666.00
Price
円728.99
GF Value