RIKEN KEIKI Co (TSE:7734) Beneish M-Score: -2.43 (As of Jul. 15, 2026)

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TSE:7734 RIKEN KEIKI Co Ltd TSE:7734
97 GF Score
Price 円3,465.00
GF Value 円3,814.22
Valuation Fairly Valued
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What is RIKEN KEIKI Co Beneish M-Score?

RIKEN KEIKI Co TSE:7734 +1.02% 97 Beneish M-Score is -2.43 as of Jul. 15, 2026. GuruFocus rates TSE:7734 with a GF Score™ of 97/100 and a GF Value™ of 円3,814.22 (Fairly Valued). Among 1,020 Business Services companies, RIKEN KEIKI Co ranks worse than 60.39% 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 -2.43 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

TSE:7734' s Beneish M-Score Range Over the Past 10 Years
Min: -2.86   Med: -2.4   Max: -2.1
Current: -2.43

During the past 13 years, the highest Beneish M-Score of RIKEN KEIKI Co was -2.10. The lowest was -2.86. And the median was -2.40.


RIKEN KEIKI Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for RIKEN KEIKI 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.

RIKEN KEIKI Co Beneish M-Score Chart

RIKEN KEIKI 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 -2.86 -2.17 -2.10 -2.30 -2.43

RIKEN KEIKI Co 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 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 -2.30 0.00 0.00 0.00 -2.43

TSE:7734 vs ALLE, MSA, ADT: Beneish M-Score Comparison

For the Security & Protection Services subindustry, RIKEN KEIKI 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.


RIKEN KEIKI Co Beneish M-Score vs Business Services Industry

For the Business Services industry and Industrials sector, RIKEN KEIKI Co's Beneish M-Score distribution charts can be found below:

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


TSE:7734
97GF Score
RIKEN KEIKI Co Ltd TSE:7734
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RIKEN KEIKI 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 RIKEN KEIKI 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 * 0.869+0.528 * 1.0208+0.404 * 1.1371+0.892 * 1.1259+0.115 * 1.0346
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.942+4.679 * -0.011568-0.327 * 0.8927
=-2.43

* 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11,584 Mil.
Revenue was 円55,212 Mil.
Gross Profit was 円27,163 Mil.
Total Current Assets was 円64,997 Mil.
Total Assets was 円101,051 Mil.
Property, Plant and Equipment(Net PPE) was 円19,448 Mil.
Depreciation, Depletion and Amortization(DDA) was 円2,053 Mil.
Selling, General, & Admin. Expense(SGA) was 円2,181 Mil.
Total Current Liabilities was 円10,923 Mil.
Long-Term Debt & Capital Lease Obligation was 円2,217 Mil.
Net Income was 円9,957 Mil.
Gross Profit was 円0 Mil.
Cash Flow from Operations was 円11,126 Mil.
Total Receivables was 円11,841 Mil.
Revenue was 円49,039 Mil.
Gross Profit was 円24,627 Mil.
Total Current Assets was 円60,548 Mil.
Total Assets was 円92,763 Mil.
Property, Plant and Equipment(Net PPE) was 円18,809 Mil.
Depreciation, Depletion and Amortization(DDA) was 円2,062 Mil.
Selling, General, & Admin. Expense(SGA) was 円2,057 Mil.
Total Current Liabilities was 円11,771 Mil.
Long-Term Debt & Capital Lease Obligation was 円1,741 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)
=(11584.318 / 55212.234) / (11840.597 / 49038.948)
=0.209814 / 0.241453
=0.869

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)
=(24627.358 / 49038.948) / (27163.068 / 55212.234)
=0.5022 / 0.491976
=1.0208

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 - (64996.529 + 19447.999) / 101050.633) / (1 - (60548.326 + 18809.353) / 92763.45)
=0.164334 / 0.144516
=1.1371

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
=55212.234 / 49038.948
=1.1259

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))
=(2061.757 / (2061.757 + 18809.353)) / (2053.023 / (2053.023 + 19447.999))
=0.098785 / 0.095485
=1.0346

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)
=(2181.157 / 55212.234) / (2056.568 / 49038.948)
=0.039505 / 0.041937
=0.942

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)
=((2217.063 + 10923.039) / 101050.633) / ((1740.637 + 11771.421) / 92763.45)
=0.130035 / 0.145661
=0.8927

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
=(9957.363 - 0 - 11126.309) / 101050.633
=-0.011568

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.

RIKEN KEIKI Co has a M-score of -2.43 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 -2.43 mean?
RIKEN KEIKI Co (TSE:7734) has a Beneish M-Score of -2.43 as of Jul. 15, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on RIKEN KEIKI Co and its competitors. According to the industry distribution chart, RIKEN KEIKI Co ranks #616 out of 1020 companies in the Business Services industry, placing it in the top 60.4%.
Is RIKEN KEIKI Co's Beneish M-Score too high?
RIKEN KEIKI Co's current Beneish M-Score is -2.43. Based on the distribution chart, RIKEN KEIKI Co ranks #616 out of 1020 companies in the Business Services industry, which is below the industry midpoint. Overall, RIKEN KEIKI Co has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does RIKEN KEIKI Co's Beneish M-Score compare to ALLE and MSA?
According to the Business Services industry distribution chart, RIKEN KEIKI Co ranks #616 out of 1020 companies for Beneish M-Score. This places RIKEN KEIKI 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 Business Services company?
A good Beneish M-Score depends on the Business Services 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 RIKEN KEIKI Co and its competitors. RIKEN KEIKI Co's current Beneish M-Score is -2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RIKEN KEIKI Co stock overvalued right now?
Based on GuruFocus' analysis, RIKEN KEIKI Co (TSE:7734) is currently considered Fairly Valued. The stock's GF Value™ is 円3,814.22, compared to a current price of 円3,465.00 — trading 9.2% below its estimated fair value. The current Beneish M-Score is -2.43. RIKEN KEIKI Co's overall GF Score™ is 97/100. 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 RIKEN KEIKI Co (TSE:7734), the current Beneish M-Score is -2.43 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 RIKEN KEIKI Co (TSE:7734) Overvalued in 2026?

Based on GuruFocus' analysis, RIKEN KEIKI Co stock appears to be undervalued. The current stock price of 円3,465.00 is trading 9.2% below its estimated GF Value™ of 円3,814.22. GuruFocus considers RIKEN KEIKI Co to be Fairly Valued.

Key valuation signals for TSE:7734:

  • Beneish M-Score: -2.43
  • GF Value™: 円3,814.22 vs. price of 円3,465.00 (9.2% below fair value)
  • GF Score™: 97/100

No single metric tells the full story. See the TSE:7734 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RIKEN KEIKI Co Business Description

Address 2-7-6 Azusawa Itabashi-Ku, Tokyo, JPN, 174-8744
RIKEN KEIKI Co Ltd is a Japan-based company engaged in the business of manufacturing and selling of gas alarms. It offers fixed and portable flammable gas detectors, toxic gas detectors and oxygen deficiency prevention detectors, portable multi-gas monitors and environmental monitors.
97GF Score

Get the complete analysis for TSE:7734

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

円3,465.00
Price
円3,814.22
GF Value