Moneda Renta Variable Chile Fondo do Inversion Cuotas (XSGO:CFIMRVCHA) Beneish M-Score: 0.00 (As of Aug. 02, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSGO:CFIMRVCHA Moneda Renta Variable Chile Fondo do Inversion Cuotas XSGO:CFIMRVCHA
29 GF Score
Price CLP32,003.98
! 2 Warning Signs
View Full Analysis

What is Moneda Renta Variable Chile Fondo do Inversion Cuotas Beneish M-Score?

Moneda Renta Variable Chile Fondo do Inversion Cuotas XSGO:CFIMRVCHA 29 Beneish M-Score is 0.00 as of Aug. 02, 2026. GuruFocus rates XSGO:CFIMRVCHA with a GF Score™ of 29/100. The stock has 2 warning signs investors should review. Among 952 Asset Management companies, Moneda Renta Variable Chile Fondo do Inversion Cuotas ranks worse than 105041.91% 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 Moneda Renta Variable Chile Fondo do Inversion Cuotas's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Moneda Renta Variable Chile Fondo do Inversion Cuotas was 0.00. The lowest was 0.00. And the median was 0.00.


Moneda Renta Variable Chile Fondo do Inversion Cuotas Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Moneda Renta Variable Chile Fondo do Inversion Cuotas'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.

Moneda Renta Variable Chile Fondo do Inversion Cuotas Beneish M-Score Chart

Moneda Renta Variable Chile Fondo do Inversion Cuotas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Moneda Renta Variable Chile Fondo do Inversion Cuotas 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

XSGO:CFIMRVCHA vs BLK, BX, KKR: Beneish M-Score Comparison

For the Asset Management subindustry, Moneda Renta Variable Chile Fondo do Inversion Cuotas'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.


Moneda Renta Variable Chile Fondo do Inversion Cuotas Beneish M-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Moneda Renta Variable Chile Fondo do Inversion Cuotas's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Moneda Renta Variable Chile Fondo do Inversion Cuotas's Beneish M-Score falls into.


XSGO:CFIMRVCHA
29GF Score
Moneda Renta Variable Chile Fondo do Inversion Cuotas XSGO:CFIMRVCHA
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Moneda Renta Variable Chile Fondo do Inversion Cuotas 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 Moneda Renta Variable Chile Fondo do Inversion Cuotas 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was CLP237.10 Mil.
Revenue was 0 + 0 + 0 + 0 = CLP0.00 Mil.
Gross Profit was -192.078 + -276.805 + -142.664 + -134.997 = CLP-746.54 Mil.
Total Current Assets was CLP89,965.41 Mil.
Total Assets was CLP89,965.41 Mil.
Property, Plant and Equipment(Net PPE) was CLP0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was CLP0.00 Mil.
Selling, General, & Admin. Expense(SGA) was CLP9.35 Mil.
Total Current Liabilities was CLP8,050.77 Mil.
Long-Term Debt & Capital Lease Obligation was CLP0.00 Mil.
Net Income was -83.88 + 12978.695 + 5476.674 + 3740.757 = CLP22,112.25 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = CLP0.00 Mil.
Cash Flow from Operations was -3513.198 + -6398.103 + -2023.536 + 1637.569 = CLP-10,297.27 Mil.
Total Receivables was CLP37.47 Mil.
Revenue was 0 + 0 + 0 + 0 = CLP0.00 Mil.
Gross Profit was -120.164 + -109.907 + -100.168 + -105.652 = CLP-435.89 Mil.
Total Current Assets was CLP57,147.38 Mil.
Total Assets was CLP57,147.38 Mil.
Property, Plant and Equipment(Net PPE) was CLP0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was CLP0.00 Mil.
Selling, General, & Admin. Expense(SGA) was CLP10.75 Mil.
Total Current Liabilities was CLP2,940.00 Mil.
Long-Term Debt & Capital Lease Obligation was CLP0.00 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)
=(237.1 / 0) / (37.47 / 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)
=(-435.891 / 0) / (-746.544 / 0)
= /
=

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 - (89965.412 + 0) / 89965.412) / (1 - (57147.384 + 0) / 57147.384)
=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 / 0
=

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)
=(9.35 / 0) / (10.748 / 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 + 8050.769) / 89965.412) / ((0 + 2939.997) / 57147.384)
=0.089487 / 0.051446
=

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
=(22112.246 - 0 - -10297.268) / 89965.412
=0.360244

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?
Moneda Renta Variable Chile Fondo do Inversion Cuotas (XSGO:CFIMRVCHA) has a Beneish M-Score of 0.00 as of Aug. 02, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Moneda Renta Variable Chile Fondo do Inversion Cuotas and its competitors. According to the industry distribution chart, Moneda Renta Variable Chile Fondo do Inversion Cuotas ranks #999999 out of 952 companies in the Asset Management industry.
Is Moneda Renta Variable Chile Fondo do Inversion Cuotas' Beneish M-Score too high?
Moneda Renta Variable Chile Fondo do Inversion Cuotas' current Beneish M-Score is 0.00. Based on the distribution chart, Moneda Renta Variable Chile Fondo do Inversion Cuotas ranks #999999 out of 952 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Moneda Renta Variable Chile Fondo do Inversion Cuotas has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Moneda Renta Variable Chile Fondo do Inversion Cuotas' Beneish M-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Moneda Renta Variable Chile Fondo do Inversion Cuotas ranks #999999 out of 952 companies for Beneish M-Score. This places Moneda Renta Variable Chile Fondo do Inversion Cuotas 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 an Asset Management company?
A good Beneish M-Score depends on the Asset Management 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 Moneda Renta Variable Chile Fondo do Inversion Cuotas and its competitors. Moneda Renta Variable Chile Fondo do Inversion Cuotas'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 Moneda Renta Variable Chile Fondo do Inversion Cuotas stock overvalued right now?
Moneda Renta Variable Chile Fondo do Inversion Cuotas (XSGO:CFIMRVCHA) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Moneda Renta Variable Chile Fondo do Inversion Cuotas' overall GF Score™ is 29/100 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 Moneda Renta Variable Chile Fondo do Inversion Cuotas (XSGO:CFIMRVCHA), the current Beneish M-Score is 0.00 as of Aug. 02, 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.

Moneda Renta Variable Chile Fondo do Inversion Cuotas Business Description

Address Avenue Isidora Goyenechea 3621, 8th Floor, Las Condes, Santiago, CHL
Moneda Renta Variable Chile Fondo do Inversion Cuotas is an investment fund. Its objective is to invest, preferably, in shares of Chilean publicly traded companies that demonstrate a high potential for sustained growth in the long term, with an adequate level of risk. The fund may also invest in shares of publicly traded corporations incorporated outside of Chile, provided that at least seventy percent of their assets or seventy percent of their operating income come from Chile.
29GF Score

Get the complete analysis for XSGO:CFIMRVCHA

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

CLP32,003.98
Price