Colowide Co (TSE:7616) Beneish M-Score: -2.67 (As of Jul. 15, 2026)

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TSE:7616 Colowide Co Ltd TSE:7616
65 GF Score
Price 円1,951.00
GF Value 円2,338.55
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Colowide Co Beneish M-Score?

Colowide Co TSE:7616 +0.70% 65 Beneish M-Score is -2.67 as of Jul. 15, 2026. GuruFocus rates TSE:7616 with a GF Score™ of 65/100 and a GF Value™ of 円2,338.55 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 355 Restaurants companies, Colowide Co ranks worse than 59.15% 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 Colowide Co's Beneish M-Score or its related term are showing as below:

TSE:7616' s Beneish M-Score Range Over the Past 10 Years
Min: -3.36   Med: -2.74   Max: -1.73
Current: -2.67

During the past 13 years, the highest Beneish M-Score of Colowide Co was -1.73. The lowest was -3.36. And the median was -2.74.


Colowide Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Colowide 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.

Colowide Co Beneish M-Score Chart

Colowide 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 -2.84 -3.28 -2.80 -2.74 -2.67

Colowide 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 -2.80 -2.70 -2.74 -2.69 -2.67

TSE:7616 vs MCD, SBUX, YUM: Beneish M-Score Comparison

For the Restaurants subindustry, Colowide 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.


Colowide Co Beneish M-Score vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Colowide Co's Beneish M-Score distribution charts can be found below:

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


TSE:7616
65GF Score
Colowide Co Ltd TSE:7616
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Colowide 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 Colowide 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 * 1.042+0.528 * 0.9778+0.404 * 1.0939+0.892 * 1.1149+0.115 * 1.0136
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.011+4.679 * -0.075459-0.327 * 1.0172
=-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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was 円18,022 Mil.
Revenue was 円300,090 Mil.
Gross Profit was 円178,745 Mil.
Total Current Assets was 円91,878 Mil.
Total Assets was 円350,931 Mil.
Property, Plant and Equipment(Net PPE) was 円88,124 Mil.
Depreciation, Depletion and Amortization(DDA) was 円27,300 Mil.
Selling, General, & Admin. Expense(SGA) was 円166,218 Mil.
Total Current Liabilities was 円106,551 Mil.
Long-Term Debt & Capital Lease Obligation was 円131,496 Mil.
Net Income was 円2,233 Mil.
Gross Profit was 円0 Mil.
Cash Flow from Operations was 円28,714 Mil.
Total Receivables was 円15,512 Mil.
Revenue was 円269,156 Mil.
Gross Profit was 円156,766 Mil.
Total Current Assets was 円95,631 Mil.
Total Assets was 円312,226 Mil.
Property, Plant and Equipment(Net PPE) was 円77,573 Mil.
Depreciation, Depletion and Amortization(DDA) was 円24,462 Mil.
Selling, General, & Admin. Expense(SGA) was 円147,462 Mil.
Total Current Liabilities was 円93,776 Mil.
Long-Term Debt & Capital Lease Obligation was 円114,426 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)
=(18022 / 300090) / (15512 / 269156)
=0.060055 / 0.057632
=1.042

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)
=(156766 / 269156) / (178745 / 300090)
=0.582435 / 0.595638
=0.9778

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 - (91878 + 88124) / 350931) / (1 - (95631 + 77573) / 312226)
=0.487073 / 0.445261
=1.0939

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
=300090 / 269156
=1.1149

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))
=(24462 / (24462 + 77573)) / (27300 / (27300 + 88124))
=0.239741 / 0.236519
=1.0136

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)
=(166218 / 300090) / (147462 / 269156)
=0.553894 / 0.547868
=1.011

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)
=((131496 + 106551) / 350931) / ((114426 + 93776) / 312226)
=0.67833 / 0.666831
=1.0172

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
=(2233 - 0 - 28714) / 350931
=-0.075459

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.

Colowide 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?
Colowide Co (TSE:7616) has a Beneish M-Score of -2.67 as of Jul. 15, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Colowide Co and its competitors. According to the industry distribution chart, Colowide Co ranks #210 out of 355 companies in the Restaurants industry, placing it in the top 59.2%.
Is Colowide Co's Beneish M-Score too high?
Colowide Co's current Beneish M-Score is -2.67. Based on the distribution chart, Colowide Co ranks #210 out of 355 companies in the Restaurants industry, which is below the industry midpoint. Overall, Colowide Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Colowide Co's Beneish M-Score compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Colowide Co ranks #210 out of 355 companies for Beneish M-Score. This places Colowide Co in the lower 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 Restaurants company?
A good Beneish M-Score depends on the Restaurants 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 Colowide Co and its competitors. Colowide 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 Colowide Co stock overvalued right now?
Based on GuruFocus' analysis, Colowide Co (TSE:7616) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,338.55, compared to a current price of 円1,951.00 — trading 16.6% below its estimated fair value. The current Beneish M-Score is -2.67. Colowide Co's overall GF Score™ is 65/100 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 Colowide Co (TSE:7616), the current Beneish M-Score is -2.67 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 Colowide Co (TSE:7616) Overvalued in 2026?

Based on GuruFocus' analysis, Colowide Co stock appears to be undervalued. The current stock price of 円1,951.00 is trading 16.6% below its estimated GF Value™ of 円2,338.55. GuruFocus considers Colowide Co to be Modestly Undervalued.

Key valuation signals for TSE:7616:

  • Beneish M-Score: -2.67
  • GF Value™: 円2,338.55 vs. price of 円1,951.00 (16.6% below fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the TSE:7616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Colowide Co Business Description

Address 2-2-1, Minatomirai, 12th Floor, Landmark Tower, Nishi-ku, Yokohama-shi, Kanagawa-ken, Yokohama, JPN, 220-8112
Colowide Co Ltd is a Japan-based company which primarily operates restaurant chains. The company is involved in the management and operation of taverns and karaoke pubs, and Japanese and Italian cuisines. The company is mainly engaged in the management of restaurants, stocking and processing sales of various foodstuffs, sales of cigarettes and liquors, management of Karaoke rooms, among others.
65GF Score

Get the complete analysis for TSE:7616

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

円1,951.00
Price
円2,338.55
GF Value