AeroEdge Co (TSE:7409) Beneish M-Score: -2.45 (As of Jun. 26, 2026)


TSE:7409 AeroEdge Co Ltd TSE:7409
16 GF Score
Price 円1,770.00
! 4 Warning Signs
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What is AeroEdge Co Beneish M-Score?

AeroEdge Co TSE:7409 -51.37% 16 Beneish M-Score is -2.45 as of Jun. 26, 2026. GuruFocus rates TSE:7409 with a GF Score™ of 16/100. The stock has 4 warning signs investors should review. Among 326 Aerospace & Defense companies, AeroEdge Co ranks better than 53.68% 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 -2.45 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

TSE:7409' s Beneish M-Score Range Over the Past 10 Years
Min: -2.93   Med: -2.45   Max: -2.39
Current: -2.45

During the past 5 years, the highest Beneish M-Score of AeroEdge Co was -2.39. The lowest was -2.93. And the median was -2.45.

AeroEdge Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for AeroEdge 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.

AeroEdge Co Beneish M-Score Chart

AeroEdge Co Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Beneish M-Score
0.00 0.00 -2.39 -2.93 -2.45

AeroEdge Co Quarterly Data
Jun21 Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 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 0.00 0.00 -2.45 0.00 0.00

TSE:7409 vs GE, RTX, BA: Beneish M-Score Comparison

For the Aerospace & Defense subindustry, AeroEdge 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.

AeroEdge Co Beneish M-Score vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AeroEdge Co's Beneish M-Score distribution charts can be found below:

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


TSE:7409
16GF Score
AeroEdge Co Ltd TSE:7409
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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AeroEdge 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 AeroEdge 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 * 0.7118+0.528 * 0.9641+0.404 * 2.3374+0.892 * 1.0752+0.115 * 1.212
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.072925-0.327 * 0.9177
=-2.45

* 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407 Mil.
Revenue was 円3,602 Mil.
Gross Profit was 円1,687 Mil.
Total Current Assets was 円3,014 Mil.
Total Assets was 円8,211 Mil.
Property, Plant and Equipment(Net PPE) was 円4,829 Mil.
Depreciation, Depletion and Amortization(DDA) was 円383 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円940 Mil.
Long-Term Debt & Capital Lease Obligation was 円3,207 Mil.
Net Income was 円734 Mil.
Gross Profit was 円0 Mil.
Cash Flow from Operations was 円1,333 Mil.
 Total Receivables was 円532 Mil.
Revenue was 円3,350 Mil.
Gross Profit was 円1,512 Mil.
Total Current Assets was 円3,134 Mil.
Total Assets was 円7,237 Mil.
Property, Plant and Equipment(Net PPE) was 円3,964 Mil.
Depreciation, Depletion and Amortization(DDA) was 円388 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円1,373 Mil.
Long-Term Debt & Capital Lease Obligation was 円2,610 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)
=(406.835 / 3602.276) / (531.591 / 3350.387)
=0.112938 / 0.158666
=0.7118

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)
=(1512.309 / 3350.387) / (1686.54 / 3602.276)
=0.451383 / 0.468187
=0.9641

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 - (3013.606 + 4828.758) / 8211.404) / (1 - (3133.726 + 3964.106) / 7236.98)
=0.044942 / 0.019227
=2.3374

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
=3602.276 / 3350.387
=1.0752

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))
=(387.666 / (387.666 + 3964.106)) / (383.054 / (383.054 + 4828.758))
=0.089082 / 0.073497
=1.212

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 / 3602.276) / (0 / 3350.387)
=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)
=((3207.418 + 940.058) / 8211.404) / ((2610.436 + 1372.876) / 7236.98)
=0.505087 / 0.550411
=0.9177

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
=(734.432 - 0 - 1333.251) / 8211.404
=-0.072925

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.

AeroEdge Co has a M-score of -2.45 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 -2.45 mean?
AeroEdge Co (TSE:7409) has a Beneish M-Score of -2.45 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on AeroEdge Co and its competitors. According to the industry distribution chart, AeroEdge Co ranks #151 out of 326 companies in the Aerospace & Defense industry, placing it in the top 46.3%.
Is AeroEdge Co's Beneish M-Score too high?
AeroEdge Co's current Beneish M-Score is -2.45. Based on the distribution chart, AeroEdge Co ranks #151 out of 326 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, AeroEdge Co has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does AeroEdge Co's Beneish M-Score compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, AeroEdge Co ranks #151 out of 326 companies for Beneish M-Score. This puts AeroEdge 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 an Aerospace & Defense company?
A good Beneish M-Score depends on the Aerospace & Defense 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 AeroEdge Co and its competitors. AeroEdge Co's current Beneish M-Score is -2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AeroEdge Co stock overvalued right now?
AeroEdge Co (TSE:7409) has a current Beneish M-Score of -2.45. The current Beneish M-Score is -2.45. AeroEdge Co's overall GF Score™ is 16/100 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 AeroEdge Co (TSE:7409), the current Beneish M-Score is -2.45 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.

AeroEdge Co Business Description

Address 482-6 Teraokacho, Ashikaga, Tochigi, JPN, 329-4213
AeroEdge Co Ltd is engaged in the Manufacturing and sales of aircraft engine parts. Aeroedge is mass-producing turbine blades for aero engines using TiAI material, which was developed as a lightweight heat-resistant material.
16GF Score

Get the complete analysis for TSE:7409

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

円1,770.00
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