Zurich Chile SegurosGenerales (XSGO:CONSOGRAL) Beneish M-Score: -2.61 (As of Jul. 15, 2026)

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XSGO:CONSOGRAL Zurich Chile SegurosGenerales SA XSGO:CONSOGRAL
57 GF Score
Price CLP430.00
GF Value CLP436.48
Valuation Fairly Valued
! 7 Warning Signs
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What is Zurich Chile SegurosGenerales Beneish M-Score?

Zurich Chile SegurosGenerales XSGO:CONSOGRAL 57 Beneish M-Score is -2.61 as of Jul. 15, 2026. GuruFocus rates XSGO:CONSOGRAL with a GF Score™ of 57/100 and a GF Value™ of CLP436.48 (Fairly Valued). The stock has 7 warning signs investors should review. Among 398 Insurance companies, Zurich Chile SegurosGenerales ranks better than 62.31% 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.

Good Sign:

Beneish M-Score -2.61 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Zurich Chile SegurosGenerales's Beneish M-Score or its related term are showing as below:

XSGO:CONSOGRAL' s Beneish M-Score Range Over the Past 10 Years
Min: -2.68   Med: -2.47   Max: 11.58
Current: -2.61

During the past 13 years, the highest Beneish M-Score of Zurich Chile SegurosGenerales was 11.58. The lowest was -2.68. And the median was -2.47.

XSGO:CONSOGRAL
57GF Score
Zurich Chile SegurosGenerales SA XSGO:CONSOGRAL
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Zurich Chile SegurosGenerales 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 Zurich Chile SegurosGenerales 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 * 0.9328+0.528 * 1+0.404 * 1.0002+0.892 * 1.087+0.115 * 1
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.7243+4.679 * -0.009104-0.327 * 1.4509
=-2.61

* 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was CLP110,406 Mil.
Revenue was CLP159,529 Mil.
Gross Profit was CLP159,529 Mil.
Total Current Assets was CLP0 Mil.
Total Assets was CLP344,679 Mil.
Property, Plant and Equipment(Net PPE) was CLP1,045 Mil.
Depreciation, Depletion and Amortization(DDA) was CLP0 Mil.
Selling, General, & Admin. Expense(SGA) was CLP30,056 Mil.
Total Current Liabilities was CLP0 Mil.
Long-Term Debt & Capital Lease Obligation was CLP12,182 Mil.
Net Income was CLP3,124 Mil.
Gross Profit was CLP1,427 Mil.
Cash Flow from Operations was CLP4,835 Mil.
 Total Receivables was CLP108,887 Mil.
Revenue was CLP146,757 Mil.
Gross Profit was CLP146,757 Mil.
Total Current Assets was CLP0 Mil.
Total Assets was CLP339,785 Mil.
Property, Plant and Equipment(Net PPE) was CLP1,092 Mil.
Depreciation, Depletion and Amortization(DDA) was CLP0 Mil.
Selling, General, & Admin. Expense(SGA) was CLP38,176 Mil.
Total Current Liabilities was CLP0 Mil.
Long-Term Debt & Capital Lease Obligation was CLP8,277 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)
=(110406.014 / 159528.713) / (108886.69 / 146757.02)
=0.692076 / 0.741952
=0.9328

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)
=(146757.02 / 146757.02) / (159528.713 / 159528.713)
=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 + 1045.102) / 344679.199) / (1 - (0 + 1091.566) / 339785.427)
=0.996968 / 0.996787
=1.0002

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
=159528.713 / 146757.02
=1.087

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 + 1091.566)) / (0 / (0 + 1045.102))
=0 / 0
=1

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)
=(30056.437 / 159528.713) / (38175.566 / 146757.02)
=0.188408 / 0.260128
=0.7243

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)
=((12182.012 + 0) / 344679.199) / ((8277.108 + 0) / 339785.427)
=0.035343 / 0.02436
=1.4509

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
=(3123.726 - 1427.169 - 4834.611) / 344679.199
=-0.009104

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.

Zurich Chile SegurosGenerales has a M-score of -2.61 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 -2.61 mean?
Zurich Chile SegurosGenerales (XSGO:CONSOGRAL) has a Beneish M-Score of -2.61 as of Jul. 15, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Zurich Chile SegurosGenerales and its competitors. According to the industry distribution chart, Zurich Chile SegurosGenerales ranks #150 out of 398 companies in the Insurance industry, placing it in the top 37.7%.
Is Zurich Chile SegurosGenerales' Beneish M-Score too high?
Zurich Chile SegurosGenerales' current Beneish M-Score is -2.61. Based on the distribution chart, Zurich Chile SegurosGenerales ranks #150 out of 398 companies in the Insurance industry, which is above the industry midpoint. Overall, Zurich Chile SegurosGenerales has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zurich Chile SegurosGenerales' Beneish M-Score compare to CB and PGR?
According to the Insurance industry distribution chart, Zurich Chile SegurosGenerales ranks #150 out of 398 companies for Beneish M-Score. This puts Zurich Chile SegurosGenerales 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 an Insurance company?
A good Beneish M-Score depends on the Insurance 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 Zurich Chile SegurosGenerales and its competitors. Zurich Chile SegurosGenerales's current Beneish M-Score is -2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zurich Chile SegurosGenerales stock overvalued right now?
Based on GuruFocus' analysis, Zurich Chile SegurosGenerales (XSGO:CONSOGRAL) is currently considered Fairly Valued. The stock's GF Value™ is CLP436.48, compared to a current price of CLP430.00 — trading 1.5% below its estimated fair value. The current Beneish M-Score is -2.61. Zurich Chile SegurosGenerales' overall GF Score™ is 57/100 with 7 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 Zurich Chile SegurosGenerales (XSGO:CONSOGRAL), the current Beneish M-Score is -2.61 as of Jul. 15, 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 Zurich Chile SegurosGenerales (XSGO:CONSOGRAL) Overvalued in 2026?

Based on GuruFocus' analysis, Zurich Chile SegurosGenerales stock appears to be undervalued. The current stock price of CLP430.00 is trading 1.5% below its estimated GF Value™ of CLP436.48. GuruFocus considers Zurich Chile SegurosGenerales to be Fairly Valued.

Key valuation signals for XSGO:CONSOGRAL:

  • Beneish M-Score: -2.61
  • GF Value™: CLP436.48 vs. price of CLP430.00 (1.5% below fair value)
  • GF Score™: 57/100 with 7 warning signs

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

Zurich Chile SegurosGenerales Business Description

Address Avenida Apoquindo 5550, 19th floor, Las Condes, Santiago, CHL
Zurich Chile SegurosGenerales SA is engaged in the business of insurance and reinsurance operations. The company provides auto insurance, life and health insurance, life insurance with savings, insurance for business and SME's, and savings and investments.
57GF Score

Get the complete analysis for XSGO:CONSOGRAL

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

CLP430.00
Price
CLP436.48
GF Value