MoulinvestXPAR:ALMOU 73 Beneish M-Score is -2.57 as of Jun. 24, 2026. GuruFocus rates XPAR:ALMOU with a GF Score™ of 73/100 and a GF Value™ of €19.92 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 273 Forest Products companies, Moulinvest ranks better than 52.01% 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 -2.57 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Moulinvest's Beneish M-Score or its related term are showing as below:
XPAR:ALMOU'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.98 Med: -2.7 Max: -2.27
Current: -2.57
During the past 13 years, the highest Beneish M-Score of Moulinvest was -2.27. The lowest was -2.98. And the median was -2.70.
Moulinvest Beneish M-Score Related Terms
Moulinvest Beneish M-Score Historical Data
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The historical data trend for Moulinvest'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:ALMOU vs SSD, UFPI, BCC: Beneish M-Score Comparison
For the Lumber & Wood Production subindustry, Moulinvest'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.
Moulinvest Beneish M-Score vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Moulinvest's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Moulinvest'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 Moulinvest 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 * 1.0676
+
0.528 * 0.8311
+
0.404 * 1.4583
+
0.892 * 1.042
+
0.115 * 0.8952
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1
+
4.679 * -0.065169
-
0.327 * 0.8938
=
-2.57
* 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))
=
(10.574 / (10.574 + 74.051))
/
(11.054 / (11.054 + 68.144))
=
0.124951
/
0.139574
=
0.8952
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
=
(3.484 - 0
-
12.476)
/
137.98
=
-0.065169
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.
Moulinvest has a M-score of -2.57 suggests that the company is unlikely to be a manipulator.
Moulinvest (XPAR:ALMOU) has a Beneish M-Score of -2.57 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Moulinvest and its competitors. According to the industry distribution chart, Moulinvest ranks #131 out of 273 companies in the Forest Products industry, placing it in the top 48%.
Is Moulinvest's Beneish M-Score too high?
Moulinvest's current Beneish M-Score is -2.57. Based on the distribution chart, Moulinvest ranks #131 out of 273 companies in the Forest Products industry, which is above the industry midpoint. Overall, Moulinvest has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Moulinvest's Beneish M-Score compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Moulinvest ranks #131 out of 273 companies for Beneish M-Score. This puts Moulinvest 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 Forest Products company?
A good Beneish M-Score depends on the Forest Products 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 Moulinvest and its competitors. Moulinvest's current Beneish M-Score is -2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moulinvest stock overvalued right now?
Based on GuruFocus' analysis, Moulinvest (XPAR:ALMOU) is currently considered Modestly Overvalued. The stock's GF Value™ is €19.92, compared to a current price of €23.70 — trading 19% above its estimated fair value. The current Beneish M-Score is -2.57. Moulinvest's overall GF Score™ is 73/100 with 8 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 Moulinvest (XPAR:ALMOU), the current Beneish M-Score is -2.57 as of Jun. 24, 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 Moulinvest (XPAR:ALMOU) Overvalued in 2026?
Based on GuruFocus' analysis, Moulinvest stock appears to be overvalued.
The current stock price of €23.70 is trading 19% above its estimated GF Value™ of €19.92.
GuruFocus considers Moulinvest to be Modestly Overvalued.
Key valuation signals for XPAR:ALMOU:
Beneish M-Score: -2.57
GF Value™: €19.92 vs. price of €23.70 (19% above fair value)
No single metric tells the full story. See the XPAR:ALMOU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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