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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 -2.83 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Puerto Ventanas's Beneish M-Score or its related term are showing as below:
XSGO:VENTANAS'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.53 Med: -2.62 Max: -1.52
Current: -2.83
During the past 13 years, the highest Beneish M-Score of Puerto Ventanas was -1.52. The lowest was -3.53. And the median was -2.62.
The historical data trend for Puerto Ventanas'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.
Puerto Ventanas Beneish M-Score Competitor Comparison
For the Marine Shipping subindustry, Puerto Ventanas'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.
Puerto Ventanas Beneish M-Score vs Transportation Industry
For the Transportation industry and Industrials sector, Puerto Ventanas's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Puerto Ventanas'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 Puerto Ventanas 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 * 0.8593
+
0.528 * 0.7655
+
0.404 * 1.0182
+
0.892 * 1.1375
+
0.115 * 0.5204
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0605
+
4.679 * -0.034524
-
0.327 * 0.9992
=
-2.83
* 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))
=
(99.759 / (99.759 + 301139.966))
/
(205.642 / (205.642 + 323268.649))
=
0.000331
/
0.000636
=
0.5204
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
=
(10836.433 - 0
-
25163.34)
/
414982.158
=
-0.034524
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.
Puerto Ventanas has a M-score of -2.83 suggests that the company is unlikely to be a manipulator.
Puerto Ventanas (XSGO:VENTANAS) has a Beneish M-Score of -2.83 as of Aug. 02, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Puerto Ventanas and its competitors. According to the industry distribution chart, Puerto Ventanas ranks #257 out of 967 companies in the Transportation industry, placing it in the top 26.6%.
Is Puerto Ventanas' Beneish M-Score too high?
Puerto Ventanas' current Beneish M-Score is -2.83. Based on the distribution chart, Puerto Ventanas ranks #257 out of 967 companies in the Transportation industry, which is above the industry midpoint. Overall, Puerto Ventanas has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Puerto Ventanas' Beneish M-Score compare to competitors?
According to the Transportation industry distribution chart, Puerto Ventanas ranks #257 out of 967 companies for Beneish M-Score. This puts Puerto Ventanas 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 Puerto Ventanas and its competitors. Puerto Ventanas's current Beneish M-Score is -2.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puerto Ventanas stock overvalued right now?
Based on GuruFocus' analysis, Puerto Ventanas (XSGO:VENTANAS) is currently considered Modestly Overvalued. The stock's GF Value™ is CLP148.43, compared to a current price of CLP165.00 — trading 11.2% above its estimated fair value. The current Beneish M-Score is -2.83. Puerto Ventanas' overall GF Score™ is 56/100 with 12 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 Puerto Ventanas (XSGO:VENTANAS), the current Beneish M-Score is -2.83 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.
Is Puerto Ventanas (XSGO:VENTANAS) Overvalued in 2026?
Based on GuruFocus' analysis, Puerto Ventanas stock appears to be overvalued.
The current stock price of CLP165.00 is trading 11.2% above its estimated GF Value™ of CLP148.43.
GuruFocus considers Puerto Ventanas to be Modestly Overvalued.
Key valuation signals for XSGO:VENTANAS:
Beneish M-Score: -2.83
GF Value™: CLP148.43 vs. price of CLP165.00 (11.2% above fair value)
No single metric tells the full story. See the XSGO:VENTANAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Puerto Ventanas SA is engaged in the port business. It has a private port in the Midwest area. The company's business activities include the transfer of dry bulk, liquid, and general cargo including the stowage and unloading of ships and the consequent storage of cargo. Its operating segments include; Port and Railways. The Port segment which generates maximum revenue consists of bulk transfer for mining, electrical, fuel, and industrial companies, including the loading and unloading of ships and the subsequent storage. The Railway segment comprises freight transport services via rail and truck. Geographically, the company derives all of its income from services provided in Chile.
56GF Score
Get the complete analysis for XSGO:VENTANAS
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