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Seed CoTSE:7743 62 Beneish M-Score is -2.59 as of Sep. 16, 2026. GuruFocus rates TSE:7743 with a GF Score™ of 62/100 and a GF Value™ of 円543.01 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 770 Medical Devices & Instruments companies, Seed Co ranks better than 52.86% 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 -2.59 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Seed Co's Beneish M-Score or its related term are showing as below:
TSE:7743'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.97 Med: -2.62 Max: -2.2
Current: -2.59
During the past 13 years, the highest Beneish M-Score of Seed Co was -2.20. The lowest was -2.97. And the median was -2.62.
The historical data trend for Seed 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.
TSE:7743 vs ISRG, BDX, RMD: Beneish M-Score Comparison
For the Medical Instruments & Supplies subindustry, Seed 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.
Seed Co Beneish M-Score vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Seed Co's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Seed Co's Beneish M-Score falls into.
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 Seed 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 * 1.0078
+
0.528 * 0.9796
+
0.404 * 0.8586
+
0.892 * 1.0247
+
0.115 * 1.2387
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.055
+
4.679 * -0.028168
-
0.327 * 1.129
=
-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.
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.
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))
=
(3297.653 / (3297.653 + 27577.514))
/
(3644.56 / (3644.56 + 38622.658))
=
0.106806
/
0.086227
=
1.2387
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
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
=
(1090.458 - 0
-
2953.314)
/
66133.805
=
-0.028168
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.
Seed Co has a M-score of -2.67 suggests that the company is unlikely to be a manipulator.
Seed Co (TSE:7743) has a Beneish M-Score of -2.59 as of Sep. 16, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Seed Co and its competitors. According to the industry distribution chart, Seed Co ranks #363 out of 770 companies in the Medical Devices & Instruments industry, placing it in the top 47.1%.
Is Seed Co's Beneish M-Score too high?
Seed Co's current Beneish M-Score is -2.59. Based on the distribution chart, Seed Co ranks #363 out of 770 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Seed Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seed Co's Beneish M-Score compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Seed Co ranks #363 out of 770 companies for Beneish M-Score. This puts Seed 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 a Medical Devices & Instruments company?
A good Beneish M-Score depends on the Medical Devices & Instruments 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 Seed Co and its competitors. Seed Co's current Beneish M-Score is -2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seed Co stock overvalued right now?
Based on GuruFocus' analysis, Seed Co (TSE:7743) is currently considered Significantly Overvalued. The stock's GF Value™ is 円543.01, compared to a current price of 円792.00 — trading 45.9% above its estimated fair value. The current Beneish M-Score is -2.59. Seed Co's overall GF Score™ is 62/100 with 9 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 Seed Co (TSE:7743), the current Beneish M-Score is -2.59 as of Sep. 16, 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 Seed Co (TSE:7743) Overvalued in 2026?
Based on GuruFocus' analysis, Seed Co stock appears to be overvalued.
The current stock price of 円792.00 is trading 45.9% above its estimated GF Value™ of 円543.01.
GuruFocus considers Seed Co to be Significantly Overvalued.
Key valuation signals for TSE:7743:
Beneish M-Score: -2.59
GF Value™: 円543.01 vs. price of 円792.00 (45.9% above fair value)
No single metric tells the full story. See the TSE:7743 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Seed Co Ltd is engaged in the manufacturing and sells of contact lenses, glasses frames, and other eye care products in Japan. Its main products include SEED 1dayPure daily disposable lenses, SEED Fine disposable lenses, SEED S-1 high oxygen permeability hard contact lenses.
62GF Score
Get the complete analysis for TSE:7743
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