Suzuki Motor (TSE:7269) Beneish M-Score: -2.61 (As of Jun. 24, 2026)

What is Suzuki Motor Beneish M-Score?

Suzuki Motor TSE:7269 +0.03% 89 Beneish M-Score is -2.61 as of Jun. 24, 2026. GuruFocus rates TSE:7269 with a GF Score™ of 89/100 and a GF Value™ of 円1,997.57 (Fairly Valued). Among 1,273 Vehicles & Parts companies, Suzuki Motor ranks better than 56.25% 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 Suzuki Motor's Beneish M-Score or its related term are showing as below:

TSE:7269' s Beneish M-Score Range Over the Past 10 Years
Min: -2.78 Med: -2.51 Max: -2.3
Current: -2.61

During the past 13 years, the highest Beneish M-Score of Suzuki Motor was -2.30. The lowest was -2.78. And the median was -2.51.

Suzuki Motor Beneish M-Score Related Terms

Suzuki Motor Beneish M-Score Historical Data

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The historical data trend for Suzuki Motor'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 Motor Beneish M-Score Chart

Suzuki Motor Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Beneish M-Score

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-2.41

-2.30

-2.48

-2.68

-2.61

Suzuki Motor 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															-2.68	-3.12	-2.65	-2.58	-2.61

TSE:7269 vs TSLA, GM, F: Beneish M-Score Comparison

For the Auto Manufacturers subindustry, Suzuki Motor'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 Motor Beneish M-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Suzuki Motor's Beneish M-Score distribution charts can be found below:

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

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89GF Score

Suzuki Motor Corp TSE:7269

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

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Suzuki Motor 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 Motor for today is based on a combination of the following eight different indices:

-4.84

0.92 * DSRI

0.528 * GMI

0.404 * AQI

0.892 * SGI

0.115 * DEPI

-4.84

0.92 * 0.9611

0.528 * 1.0563

0.404 * 0.9666

0.892 * 1.0803

0.115 * 0.9743

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 0.9925

4.679 * -0.041928

0.327 * 0.9619

-2.61

This Year (Mar26) TTM:

Last Year (Mar25) TTM:

Total Receivables was 円612,892 Mil.
Revenue was 1776326 + 1652414 + 1466457 + 1397770 = 円6,292,967 Mil.
Gross Profit was 450740 + 415771 + 375143 + 362693 = 円1,604,347 Mil.
Total Current Assets was 円2,913,096 Mil.
Total Assets was 円6,636,815 Mil.
Property, Plant and Equipment(Net PPE) was 円1,859,797 Mil.
Depreciation, Depletion and Amortization(DDA) was 円277,781 Mil.
Selling, General, & Admin. Expense(SGA) was 円1,012,493 Mil.
Total Current Liabilities was 円1,676,902 Mil.
Long-Term Debt & Capital Lease Obligation was 円485,229 Mil.
Net Income was 132872 + 113607 + 90763 + 102025 = 円439,267 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = 円0 Mil.
Cash Flow from Operations was 270629 + 181579 + 201344 + 63983 = 円717,535 Mil.

Total Receivables was 円590,303 Mil.
Revenue was 1541444 + 1428717 + 1397351 + 1457649 = 円5,825,161 Mil.
Gross Profit was 400557 + 370785 + 398235 + 399082 = 円1,568,659 Mil.
Total Current Assets was 円2,528,681 Mil.
Total Assets was 円5,993,657 Mil.
Property, Plant and Equipment(Net PPE) was 円1,723,480 Mil.
Depreciation, Depletion and Amortization(DDA) was 円249,856 Mil.
Selling, General, & Admin. Expense(SGA) was 円944,341 Mil.
Total Current Liabilities was 円1,602,557 Mil.
Long-Term Debt & Capital Lease Obligation was 円427,465 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)
	=	(612892 / 6292967)	/	(590303 / 5825161)
	=	0.097393	/	0.101337
	=	0.9611

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)
	=	(1568659 / 5825161)	/	(1604347 / 6292967)
	=	0.26929	/	0.254943
	=	1.0563

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 - (2913096 + 1859797) / 6636815)	/	(1 - (2528681 + 1723480) / 5993657)
	=	0.280846	/	0.290556
	=	0.9666

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
	=	6292967	/	5825161
	=	1.0803

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))
	=	(249856 / (249856 + 1723480))	/	(277781 / (277781 + 1859797))
	=	0.126616	/	0.129951
	=	0.9743

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)
	=	(1012493 / 6292967)	/	(944341 / 5825161)
	=	0.160893	/	0.162114
	=	0.9925

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)
	=	((485229 + 1676902) / 6636815)	/	((427465 + 1602557) / 5993657)
	=	0.325778	/	0.338695
	=	0.9619

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
	=	(439267 - 0	-	717535)	/	6636815
	=	-0.041928

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 Motor 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?

Suzuki Motor (TSE:7269) has a Beneish M-Score of -2.61 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Suzuki Motor and its competitors. According to the industry distribution chart, Suzuki Motor ranks #557 out of 1273 companies in the Vehicles & Parts industry, placing it in the top 43.8%.

Is Suzuki Motor's Beneish M-Score too high?

Suzuki Motor's current Beneish M-Score is -2.61. Based on the distribution chart, Suzuki Motor ranks #557 out of 1273 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Suzuki Motor has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Suzuki Motor's Beneish M-Score compare to TSLA and GM?

According to the Vehicles & Parts industry distribution chart, Suzuki Motor ranks #557 out of 1273 companies for Beneish M-Score. This puts Suzuki Motor 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 Vehicles & Parts company?

A good Beneish M-Score depends on the Vehicles & Parts 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 Motor and its competitors. Suzuki Motor'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 Suzuki Motor stock overvalued right now?

Based on GuruFocus' analysis, Suzuki Motor (TSE:7269) is currently considered Fairly Valued. The stock's GF Value™ is 円1,997.57, compared to a current price of 円1,883.50 — trading 5.7% below its estimated fair value. The current Beneish M-Score is -2.61. Suzuki Motor's overall GF Score™ is 89/100. 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 Motor (TSE:7269), the current Beneish M-Score is -2.61 as of Jun. 24, 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 Motor (TSE:7269) Overvalued in 2026?

Based on GuruFocus' analysis, Suzuki Motor stock appears to be undervalued. The current stock price of 円1,883.50 is trading 5.7% below its estimated GF Value™ of 円1,997.57. GuruFocus considers Suzuki Motor to be Fairly Valued.

Key valuation signals for TSE:7269:

Beneish M-Score: -2.61
GF Value™: 円1,997.57 vs. price of 円1,883.50 (5.7% below fair value)
GF Score™: 89/100

No single metric tells the full story. See the TSE:7269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Suzuki Motor Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies TSE:7267 TSE:7270 TSE:7202 TSE:7201 TSE:7272 TSE:7261 TSE:7211 TSE:7222 TSLA TSE:7203 SZSE:002594 XKRX:005380 GM F MIL:RACE XTER:MBG XTER:VOW3 XTER:BMW XTER:P911 SZSE:000338

Other Exchanges SZKMY:USA SZKMF:USA SUK:Germany

Address 300 Takatsukacho, Chuo Ward, Shizuoka Prefecture, Hamamatsu, JPN, 432-8611

Website https://www.suzuki.co.jp

Suzuki Motor Corp is a Japan-based automobile manufacturing company. The company operates through Four-Wheel, Marine, Two-Wheel, and Other segments. The Four-Wheel segment covers mini cars, small cars, and regular cars. The Marine segment includes outboard motors, while the Two-Wheel segment handles motorcycles and ATVs. The Other segment consists of electric wheelchairs, solar power, and real estate. It generates the majority of its revenue from the Four-wheel business segment.

89GF Score

Get the complete analysis for TSE:7269

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

円1,883.50

Price

円1,997.57

GF Value

View TSE:7269 Analysis

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