Suzuden (TSE:7480) Beneish M-Score: -2.47 (As of Jul. 14, 2026)

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TSE:7480 Suzuden Corp TSE:7480
64 GF Score
Price 円2,450.00
GF Value 円1,718.33
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Suzuden Beneish M-Score?

Suzuden TSE:7480 -3.85% 64 Beneish M-Score is -2.47 as of Jul. 14, 2026. GuruFocus rates TSE:7480 with a GF Score™ of 64/100 and a GF Value™ of 円1,718.33 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,912 Industrial Products companies, Suzuden ranks better than 51.27% 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 -2.47 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

TSE:7480' s Beneish M-Score Range Over the Past 10 Years
Min: -2.96   Med: -2.44   Max: -2.12
Current: -2.47

During the past 13 years, the highest Beneish M-Score of Suzuden was -2.12. The lowest was -2.96. And the median was -2.44.


Suzuden Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Suzuden'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.

Suzuden Beneish M-Score Chart

Suzuden 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 -2.12 -2.41 -2.96 -2.94 -2.47

Suzuden 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 -2.96 -2.74 -2.94 0.00 -2.47

TSE:7480 vs VRT, BE: Beneish M-Score Comparison

For the Electrical Equipment & Parts subindustry, Suzuden'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.


Suzuden Beneish M-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzuden's Beneish M-Score distribution charts can be found below:

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


TSE:7480
64GF Score
Suzuden Corp TSE:7480
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suzuden 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 Suzuden 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 * 1.0705+0.528 * 1.028+0.404 * 0.9263+0.892 * 0.9844+0.115 * 0.9775
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9892+4.679 * 0.006886-0.327 * 1.1604
=-2.47

* 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7,869 Mil.
Revenue was 円45,902 Mil.
Gross Profit was 円7,476 Mil.
Total Current Assets was 円22,931 Mil.
Total Assets was 円28,352 Mil.
Property, Plant and Equipment(Net PPE) was 円4,269 Mil.
Depreciation, Depletion and Amortization(DDA) was 円229 Mil.
Selling, General, & Admin. Expense(SGA) was 円366 Mil.
Total Current Liabilities was 円10,496 Mil.
Long-Term Debt & Capital Lease Obligation was 円62 Mil.
Net Income was 円1,723 Mil.
Gross Profit was 円0 Mil.
Cash Flow from Operations was 円1,528 Mil.
Total Receivables was 円7,467 Mil.
Revenue was 円46,632 Mil.
Gross Profit was 円7,807 Mil.
Total Current Assets was 円23,370 Mil.
Total Assets was 円29,104 Mil.
Property, Plant and Equipment(Net PPE) was 円4,458 Mil.
Depreciation, Depletion and Amortization(DDA) was 円233 Mil.
Selling, General, & Admin. Expense(SGA) was 円376 Mil.
Total Current Liabilities was 円9,080 Mil.
Long-Term Debt & Capital Lease Obligation was 円261 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)
=(7868.875 / 45902.296) / (7467.125 / 46631.604)
=0.171427 / 0.16013
=1.0705

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)
=(7807.433 / 46631.604) / (7475.823 / 45902.296)
=0.167428 / 0.162864
=1.028

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 - (22930.566 + 4268.971) / 28351.637) / (1 - (23369.609 + 4457.996) / 29104.424)
=0.040636 / 0.04387
=0.9263

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
=45902.296 / 46631.604
=0.9844

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))
=(233.286 / (233.286 + 4457.996)) / (228.805 / (228.805 + 4268.971))
=0.049728 / 0.050871
=0.9775

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)
=(365.713 / 45902.296) / (375.592 / 46631.604)
=0.007967 / 0.008054
=0.9892

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)
=((62.443 + 10495.624) / 28351.637) / ((260.518 + 9080.08) / 29104.424)
=0.372397 / 0.320934
=1.1604

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
=(1722.899 - 0 - 1527.665) / 28351.637
=0.006886

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.

Suzuden has a M-score of -2.47 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 -2.47 mean?
Suzuden (TSE:7480) has a Beneish M-Score of -2.47 as of Jul. 14, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Suzuden and its competitors. According to the industry distribution chart, Suzuden ranks #1419 out of 2912 companies in the Industrial Products industry, placing it in the top 48.7%.
Is Suzuden's Beneish M-Score too high?
Suzuden's current Beneish M-Score is -2.47. Based on the distribution chart, Suzuden ranks #1419 out of 2912 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Suzuden has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suzuden's Beneish M-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Suzuden ranks #1419 out of 2912 companies for Beneish M-Score. This puts Suzuden 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 Industrial Products company?
A good Beneish M-Score depends on the Industrial Products 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 Suzuden and its competitors. Suzuden's current Beneish M-Score is -2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzuden stock overvalued right now?
Based on GuruFocus' analysis, Suzuden (TSE:7480) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,718.33, compared to a current price of 円2,450.00 — trading 42.6% above its estimated fair value. The current Beneish M-Score is -2.47. Suzuden's overall GF Score™ is 64/100 with 7 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 Suzuden (TSE:7480), the current Beneish M-Score is -2.47 as of Jul. 14, 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 Suzuden (TSE:7480) Overvalued in 2026?

Based on GuruFocus' analysis, Suzuden stock appears to be overvalued. The current stock price of 円2,450.00 is trading 42.6% above its estimated GF Value™ of 円1,718.33. GuruFocus considers Suzuden to be Significantly Overvalued.

Key valuation signals for TSE:7480:

  • Beneish M-Score: -2.47
  • GF Value™: 円1,718.33 vs. price of 円2,450.00 (42.6% above fair value)
  • GF Score™: 64/100 with 7 warning signs

No single metric tells the full story. See the TSE:7480 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suzuden Business Description

Address 2-2-3 Sotokanda, Chiyoda-ku, Tokyo, JPN, 113-0034
Suzuden Corp distributes mechanical and electronic parts in Japan. It purchases FA equipment, information and communications equipment, and electronic equipment, among others, from domestic manufacturers and sells it to overseas companies. The Group has two reportable segments: "Electrical and electronic parts sales business" and "Manufacturing business." The "Electrical and Electronic Components Sales Business" mainly sells FA equipment, electronic and device equipment, information and communication equipment, and electrical construction materials, and the "manufacturing business" mainly involves the assembly of aluminum frames for semiconductor manufacturing equipment.
64GF Score

Get the complete analysis for TSE:7480

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

円2,450.00
Price
円1,718.33
GF Value