Century Commercial Bank (XNEP:CCBL) Beneish M-Score: 0.00 (As of Jun. 29, 2026)


XNEP:CCBL Century Commercial Bank Ltd XNEP:CCBL
25 GF Score
Price NPR199.50
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What is Century Commercial Bank Beneish M-Score?

Century Commercial Bank XNEP:CCBL 25 Beneish M-Score is 0.00 as of Jun. 29, 2026. GuruFocus rates XNEP:CCBL with a GF Score™ of 25/100.

Note: Financial institutions were excluded from the sample in Beneish paper when calculating Beneish M-Score. Thus, the prediction might not fit banks and insurance companies.

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 Century Commercial Bank's Beneish M-Score or its related term are showing as below:

During the past 12 years, the highest Beneish M-Score of Century Commercial Bank was 0.00. The lowest was 0.00. And the median was 0.00.

XNEP:CCBL
25GF Score
Century Commercial Bank Ltd XNEP:CCBL
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Century Commercial Bank 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 Century Commercial Bank 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+0.528 * 1+0.404 * 1.002+0.892 * 0.9868+0.115 * 0.9639
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0226+4.679 * -0.040979-0.327 * 0.1208
=-2.40

* 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 (Jul21) TTM:Last Year (Jul20) TTM:
Total Receivables was NPR0 Mil.
Revenue was NPR3,092 Mil.
Gross Profit was NPR3,092 Mil.
Total Current Assets was NPR0 Mil.
Total Assets was NPR111,666 Mil.
Property, Plant and Equipment(Net PPE) was NPR633 Mil.
Depreciation, Depletion and Amortization(DDA) was NPR148 Mil.
Selling, General, & Admin. Expense(SGA) was NPR293 Mil.
Total Current Liabilities was NPR0 Mil.
Long-Term Debt & Capital Lease Obligation was NPR27 Mil.
Net Income was NPR652 Mil.
Gross Profit was NPR0 Mil.
Cash Flow from Operations was NPR5,228 Mil.
 Total Receivables was NPR0 Mil.
Revenue was NPR3,133 Mil.
Gross Profit was NPR3,133 Mil.
Total Current Assets was NPR0 Mil.
Total Assets was NPR82,974 Mil.
Property, Plant and Equipment(Net PPE) was NPR638 Mil.
Depreciation, Depletion and Amortization(DDA) was NPR142 Mil.
Selling, General, & Admin. Expense(SGA) was NPR290 Mil.
Total Current Liabilities was NPR0 Mil.
Long-Term Debt & Capital Lease Obligation was NPR166 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 / 3091.967) / (0 / 3133.415)
=0 / 0
=1

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)
=(3133.415 / 3133.415) / (3091.967 / 3091.967)
=1 / 1
=1

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 - (0 + 632.976) / 111665.901) / (1 - (0 + 637.727) / 82974.456)
=0.994332 / 0.992314
=1.002

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
=3091.967 / 3133.415
=0.9868

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))
=(142.208 / (142.208 + 637.727)) / (147.66 / (147.66 + 632.976))
=0.182333 / 0.189153
=0.9639

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)
=(292.606 / 3091.967) / (289.987 / 3133.415)
=0.094634 / 0.092547
=1.0226

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)
=((26.883 + 0) / 111665.901) / ((165.508 + 0) / 82974.456)
=0.000241 / 0.001995
=0.1208

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
=(652.364 - 0 - 5228.337) / 111665.901
=-0.040979

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.

Century Commercial Bank has a M-score of -2.40 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 0.00 mean?
Century Commercial Bank (XNEP:CCBL) has a Beneish M-Score of 0.00 as of Jun. 29, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Century Commercial Bank and its competitors.
Is Century Commercial Bank's Beneish M-Score too high?
Century Commercial Bank's current Beneish M-Score is 0.00. Overall, Century Commercial Bank has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Century Commercial Bank's Beneish M-Score compare to USB and PNC?
Century Commercial Bank's Beneish M-Score of 0.00 can be compared against companies in the Banks 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 Banks company?
A good Beneish M-Score depends on the Banks 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 Century Commercial Bank and its competitors. Century Commercial Bank'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 Century Commercial Bank stock overvalued right now?
Century Commercial Bank (XNEP:CCBL) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Century Commercial Bank's overall GF Score™ is 25/100. 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 Century Commercial Bank (XNEP:CCBL), the current Beneish M-Score is 0.00 as of Jun. 29, 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.

Century Commercial Bank Business Description

Address Putalisadak, P.O Box 26100, Kathmandu, NPL
Century Commercial Bank Ltd is engaged in the commercial banking business. The principal activities are to provide commercial banking services including deposits, loans, agency services, trade finance services, investment and treasury operations, card services, e-commerce products, remittances, foreign currency operations and other financial services to its customers through its branches, extension counters, strategic business units, ATMs and network of agents. It also provides merchant/investment banking services. The bank derives a majority of the revenue from its loan products. It operates in seven domestic geographical regions, being Region A, Region B, Region C, Region D, Region E, Region F and Region G, of which key revenue is derived from the Region E.
25GF Score

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

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