Grupa Modne Zakupy (WAR:GMZ) Beneish M-Score: 0.00 (As of Jun. 30, 2026)

What is Grupa Modne Zakupy Beneish M-Score?

Grupa Modne Zakupy WAR:GMZ 27 Beneish M-Score is 0.00 as of Jun. 30, 2026. GuruFocus rates WAR:GMZ with a GF Score™ of 27/100. The stock has 5 warning signs investors should review. Among 765 Medical Devices & Instruments companies, Grupa Modne Zakupy ranks worse than 130718.82% 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.

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

During the past 12 years, the highest Beneish M-Score of Grupa Modne Zakupy was 60.25. The lowest was -84.27. And the median was 0.03.

Grupa Modne Zakupy Beneish M-Score Related Terms

Grupa Modne Zakupy Beneish M-Score Historical Data

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The historical data trend for Grupa Modne Zakupy'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.

Grupa Modne Zakupy Beneish M-Score Chart

Grupa Modne Zakupy Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Beneish M-Score

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-31.27

0.00

Grupa Modne Zakupy 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															0.00	0.00	0.00	0.00	0.00

WAR:GMZ vs ABT, SYK, MDT: Beneish M-Score Comparison

For the Medical Devices subindustry, Grupa Modne Zakupy'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.

Grupa Modne Zakupy Beneish M-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Grupa Modne Zakupy's Beneish M-Score distribution charts can be found below:

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

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Grupa Modne Zakupy SA WAR:GMZ

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

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Grupa Modne Zakupy 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 Grupa Modne Zakupy for today is based on a combination of the following eight different indices:

-4.84

0.92 * DSRI

0.528 * GMI

0.404 * AQI

0.892 * SGI

0.115 * DEPI

-4.84

0.92 *

0.528 *

0.404 *

0.892 *

0.115 *

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 *

4.679 *

0.327 *

This Year (Dec25) TTM:

Last Year (Dec24) TTM:

Total Receivables was zł0.06 Mil.
Revenue was zł0.00 Mil.
Gross Profit was zł0.00 Mil.
Total Current Assets was zł4.60 Mil.
Total Assets was zł4.60 Mil.
Property, Plant and Equipment(Net PPE) was zł0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was zł0.00 Mil.
Selling, General, & Admin. Expense(SGA) was zł0.00 Mil.
Total Current Liabilities was zł2.06 Mil.
Long-Term Debt & Capital Lease Obligation was zł0.00 Mil.
Net Income was zł-0.45 Mil.
Gross Profit was zł0.00 Mil.
Cash Flow from Operations was zł-0.24 Mil.

Total Receivables was zł0.06 Mil.
Revenue was zł0.02 Mil.
Gross Profit was zł0.02 Mil.
Total Current Assets was zł4.62 Mil.
Total Assets was zł4.62 Mil.
Property, Plant and Equipment(Net PPE) was zł0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was zł0.00 Mil.
Selling, General, & Admin. Expense(SGA) was zł0.00 Mil.
Total Current Liabilities was zł1.63 Mil.
Long-Term Debt & Capital Lease Obligation was zł0.00 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)
	=	(0.059 / 0.004)	/	(0.059 / 0.018)
	=	14.75	/	3.277778
	=

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)
	=	(0.018 / 0.018)	/	(0.003 / 0.004)
	=	1	/	0.75
	=

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 - (4.6 + 0) / 4.6)	/	(1 - (4.618 + 0) / 4.618)
	=	0	/	0
	=

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
	=	0.004	/	0.018
	=

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))
	=	(0 / (0 + 0))	/	(0 / (0 + 0))
	=		/
	=

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 / 0.004)	/	(0 / 0.018)
	=	0	/	0
	=

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)
	=	((0 + 2.063) / 4.6)	/	((0 + 1.632) / 4.618)
	=	0.448478	/	0.3534
	=

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
	=	(-0.449 - 0	-	-0.236)	/	4.6
	=	-0.046304

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.

Frequently Asked Questions Learn more about Beneish M-Score →

What does a Beneish M-Score of 0.00 mean?

Grupa Modne Zakupy (WAR:GMZ) has a Beneish M-Score of 0.00 as of Jun. 30, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Grupa Modne Zakupy and its competitors. According to the industry distribution chart, Grupa Modne Zakupy ranks #999999 out of 765 companies in the Medical Devices & Instruments industry.

Is Grupa Modne Zakupy's Beneish M-Score too high?

Grupa Modne Zakupy's current Beneish M-Score is 0.00. Based on the distribution chart, Grupa Modne Zakupy ranks #999999 out of 765 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Grupa Modne Zakupy has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.

How does Grupa Modne Zakupy's Beneish M-Score compare to ABT and SYK?

According to the Medical Devices & Instruments industry distribution chart, Grupa Modne Zakupy ranks #999999 out of 765 companies for Beneish M-Score. This places Grupa Modne Zakupy 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 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 Grupa Modne Zakupy and its competitors. Grupa Modne Zakupy's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Grupa Modne Zakupy stock overvalued right now?

Grupa Modne Zakupy (WAR:GMZ) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Grupa Modne Zakupy's overall GF Score™ is 27/100 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 Grupa Modne Zakupy (WAR:GMZ), the current Beneish M-Score is 0.00 as of Jun. 30, 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.

Grupa Modne Zakupy Business Description

Industry Healthcare Medical Devices & Instruments

Comparable Companies WAR:SDS WAR:INM WAR:NST WAR:MSM WAR:CMI WAR:ADV WAR:MTN WAR:AME WAR:GMT ABT SYK MDT BSX EW XTER:SHL GEHC DXCM XAMS:PHIA SZSE:300760 STE

Address Street Pu?awska 2, Warsaw, POL, 02-566

Website https://www.modnezakupy.pl

Grupa Modne Zakupy SA, formerly Infoscan SA is engaged in the research and development of medical instruments and diagnostics technologies. The company offers remote diagnostics of breathing disorders during sleep.

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