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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 -2.65 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Signaux Girod's Beneish M-Score or its related term are showing as below:
XPAR:ALGIR'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.45 Med: -2.8 Max: 65.02
Current: -2.65
During the past 13 years, the highest Beneish M-Score of Signaux Girod was 65.02. The lowest was -3.45. And the median was -2.80.
Signaux Girod Beneish M-Score Related Terms
Signaux Girod Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Signaux Girod'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.
XPAR:ALGIR vs UNP, CSX, NSC: Beneish M-Score Comparison
For the Railroads subindustry, Signaux Girod'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.
Signaux Girod Beneish M-Score vs Transportation Industry
For the Transportation industry and Industrials sector, Signaux Girod's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Signaux Girod'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 Signaux Girod 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 * 1.041
+
0.528 * 1.0786
+
0.404 * 1.0155
+
0.892 * 0.9984
+
0.115 * 0.9994
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1
+
4.679 * -0.056771
-
0.327 * 0.9677
=
-2.65
* 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))
=
(6.822 / (6.822 + 22.946))
/
(6.623 / (6.623 + 22.26))
=
0.229172
/
0.229304
=
0.9994
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
=
(0.764 - 0
-
5.929)
/
90.979
=
-0.056771
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.
Signaux Girod has a M-score of -2.65 suggests that the company is unlikely to be a manipulator.
Signaux Girod (XPAR:ALGIR) has a Beneish M-Score of -2.65 as of Jul. 14, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Signaux Girod and its competitors. According to the industry distribution chart, Signaux Girod ranks #426 out of 964 companies in the Transportation industry, placing it in the top 44.2%.
Is Signaux Girod's Beneish M-Score too high?
Signaux Girod's current Beneish M-Score is -2.65. Based on the distribution chart, Signaux Girod ranks #426 out of 964 companies in the Transportation industry, which is above the industry midpoint. Overall, Signaux Girod has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Signaux Girod's Beneish M-Score compare to UNP and CSX?
According to the Transportation industry distribution chart, Signaux Girod ranks #426 out of 964 companies for Beneish M-Score. This puts Signaux Girod 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 Transportation company?
A good Beneish M-Score depends on the Transportation 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 Signaux Girod and its competitors. Signaux Girod's current Beneish M-Score is -2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Signaux Girod stock overvalued right now?
Based on GuruFocus' analysis, Signaux Girod (XPAR:ALGIR) is currently considered Modestly Overvalued. The stock's GF Value™ is €14.78, compared to a current price of €17.00 — trading 15% above its estimated fair value. The current Beneish M-Score is -2.65. Signaux Girod's overall GF Score™ is 67/100 with 4 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 Signaux Girod (XPAR:ALGIR), the current Beneish M-Score is -2.65 as of Jul. 14, 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 Signaux Girod (XPAR:ALGIR) Overvalued in 2026?
Based on GuruFocus' analysis, Signaux Girod stock appears to be overvalued.
The current stock price of €17.00 is trading 15% above its estimated GF Value™ of €14.78.
GuruFocus considers Signaux Girod to be Modestly Overvalued.
Key valuation signals for XPAR:ALGIR:
Beneish M-Score: -2.65
GF Value™: €14.78 vs. price of €17.00 (15% above fair value)
No single metric tells the full story. See the XPAR:ALGIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Signaux Girod SA is a company engaged in the design and development, erection, maintenance and lease of road signs and associated products. The group product and service include enamel signage equipment: for airport and station signs, illuminated signs, cultural location signs, road signs, road sign equipment, ground marking services: for work on roads, parking lots, tourist signage equipment, location identification equipment: for information and orientation in a public or private place, street fittings: bus shelters, municipal display boards and temporary signage equipment. The group also distributes media to sign letterers, screen printers, sign painters, and digital printing specialists.
67GF Score
Get the complete analysis for XPAR:ALGIR
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