Jeevan Bikas Laghubitta Bittiyanstha (XNEP:JBLB) Beneish M-Score: 0.00 (As of Jul. 19, 2026)

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XNEP:JBLB Jeevan Bikas Laghubitta Bittiya Sanstha Ltd XNEP:JBLB
91 GF Score
Price NPR1,250.00
GF Value NPR1,282.14
Valuation Fairly Valued
! 2 Warning Signs
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What is Jeevan Bikas Laghubitta Bittiyanstha Beneish M-Score?

Jeevan Bikas Laghubitta Bittiyanstha XNEP:JBLB 91 Beneish M-Score is 0.00 as of Jul. 19, 2026. GuruFocus rates XNEP:JBLB with a GF Score™ of 91/100 and a GF Value™ of NPR1,282.14 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,397 Banks companies, Jeevan Bikas Laghubitta Bittiyanstha ranks worse than 71581.89% on this metric.

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 Jeevan Bikas Laghubitta Bittiyanstha's Beneish M-Score or its related term are showing as below:

During the past 7 years, the highest Beneish M-Score of Jeevan Bikas Laghubitta Bittiyanstha was -2.12. The lowest was -2.12. And the median was -2.12.

XNEP:JBLB
91GF Score
Jeevan Bikas Laghubitta Bittiya Sanstha Ltd XNEP:JBLB
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Jeevan Bikas Laghubitta Bittiyanstha 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 Jeevan Bikas Laghubitta Bittiyanstha 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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 (Jul25) TTM:Last Year (Jul24) TTM:
Total Receivables was NPR0 Mil.
Revenue was NPR2,411 Mil.
Gross Profit was NPR2,411 Mil.
Total Current Assets was NPR0 Mil.
Total Assets was NPR30,100 Mil.
Property, Plant and Equipment(Net PPE) was NPR256 Mil.
Depreciation, Depletion and Amortization(DDA) was NPR36 Mil.
Selling, General, & Admin. Expense(SGA) was NPR0 Mil.
Total Current Liabilities was NPR0 Mil.
Long-Term Debt & Capital Lease Obligation was NPR0 Mil.
Net Income was NPR706 Mil.
Gross Profit was NPR0 Mil.
Cash Flow from Operations was NPR543 Mil.
 Total Receivables was NPR0 Mil.
Revenue was NPR1,808 Mil.
Gross Profit was NPR1,808 Mil.
Total Current Assets was NPR0 Mil.
Total Assets was NPR28,230 Mil.
Property, Plant and Equipment(Net PPE) was NPR274 Mil.
Depreciation, Depletion and Amortization(DDA) was NPR41 Mil.
Selling, General, & Admin. Expense(SGA) was NPR2 Mil.
Total Current Liabilities was NPR0 Mil.
Long-Term Debt & Capital Lease Obligation was NPR0 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 / 2411.179) / (0 / 1807.96)
=0 / 0
=

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)
=(1807.96 / 1807.96) / (2411.179 / 2411.179)
=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 + 255.728) / 30099.855) / (1 - (0 + 273.589) / 28229.704)
=0.991504 / 0.990308
=

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
=2411.179 / 1807.96
=

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))
=(40.715 / (40.715 + 273.589)) / (35.992 / (35.992 + 255.728))
=0.12954 / 0.123379
=

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 / 2411.179) / (2.359 / 1807.96)
=0 / 0.001305
=

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 + 0) / 30099.855) / ((0 + 0) / 28229.704)
=0 / 0
=

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
=(706.429 - 0 - 542.849) / 30099.855
=0.005435

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?
Jeevan Bikas Laghubitta Bittiyanstha (XNEP:JBLB) has a Beneish M-Score of 0.00 as of Jul. 19, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Jeevan Bikas Laghubitta Bittiyanstha and its competitors. According to the industry distribution chart, Jeevan Bikas Laghubitta Bittiyanstha ranks #999999 out of 1397 companies in the Banks industry.
Is Jeevan Bikas Laghubitta Bittiyanstha's Beneish M-Score too high?
Jeevan Bikas Laghubitta Bittiyanstha's current Beneish M-Score is 0.00. Based on the distribution chart, Jeevan Bikas Laghubitta Bittiyanstha ranks #999999 out of 1397 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Jeevan Bikas Laghubitta Bittiyanstha has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jeevan Bikas Laghubitta Bittiyanstha's Beneish M-Score compare to ?
According to the Banks industry distribution chart, Jeevan Bikas Laghubitta Bittiyanstha ranks #999999 out of 1397 companies for Beneish M-Score. This places Jeevan Bikas Laghubitta Bittiyanstha 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 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 Jeevan Bikas Laghubitta Bittiyanstha and its competitors. Jeevan Bikas Laghubitta Bittiyanstha'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 Jeevan Bikas Laghubitta Bittiyanstha stock overvalued right now?
Based on GuruFocus' analysis, Jeevan Bikas Laghubitta Bittiyanstha (XNEP:JBLB) is currently considered Fairly Valued. The stock's GF Value™ is NPR1,282.14, compared to a current price of NPR1,250.00 — trading 2.5% below its estimated fair value. The current Beneish M-Score is 0.00. Jeevan Bikas Laghubitta Bittiyanstha's overall GF Score™ is 91/100 with 2 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 Jeevan Bikas Laghubitta Bittiyanstha (XNEP:JBLB), the current Beneish M-Score is 0.00 as of Jul. 19, 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 Jeevan Bikas Laghubitta Bittiyanstha (XNEP:JBLB) Overvalued in 2026?

Based on GuruFocus' analysis, Jeevan Bikas Laghubitta Bittiyanstha stock appears to be undervalued. The current stock price of NPR1,250.00 is trading 2.5% below its estimated GF Value™ of NPR1,282.14. GuruFocus considers Jeevan Bikas Laghubitta Bittiyanstha to be Fairly Valued.

Key valuation signals for XNEP:JBLB:

  • Beneish M-Score: 0.00
  • GF Value™: NPR1,282.14 vs. price of NPR1,250.00 (2.5% below fair value)
  • GF Score™: 91/100 with 2 warning signs

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

Jeevan Bikas Laghubitta Bittiyanstha Business Description

Comparable Companies
Address Katahari-1, Morang, NPL
Jeevan Bikas Laghubitta Bittiya Sanstha Ltd is a microfinance institution in Nepal that focuses on providing financial services to underserved and low-income communities. Its offerings include microloans, savings, and insurance to empower individuals, particularly women, in rural areas. The company's operating segments include: a. Banking Segment, which involves functions like collecting deposits and lending activities among other similar activities. b. Treasury Segment, which involves short term and long-term investment activities like investing in T-Bills, Bonds, Shares of companies etc. c. Remittance Segment, which involves activities of transferring/receiving funds locally and/or globally. The majority of revenue is derived from the Banking segment.
91GF Score

Get the complete analysis for XNEP:JBLB

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

NPR1,250.00
Price
NPR1,282.14
GF Value