Vinan Pedro Tarapaca (XSGO:VSPT) Beneish M-Score: -2.54 (As of Jul. 17, 2026)

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XSGO:VSPT Vina San Pedro Tarapaca SA XSGO:VSPT
62 GF Score
Price CLP4.00
GF Value CLP4.49
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Vinan Pedro Tarapaca Beneish M-Score?

Vinan Pedro Tarapaca XSGO:VSPT 62 Beneish M-Score is -2.54 as of Jul. 17, 2026. GuruFocus rates XSGO:VSPT with a GF Score™ of 62/100 and a GF Value™ of CLP4.49 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 199 Beverages - Alcoholic companies, Vinan Pedro Tarapaca ranks worse than 55.28% 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 -2.54 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Vinan Pedro Tarapaca's Beneish M-Score or its related term are showing as below:

XSGO:VSPT' s Beneish M-Score Range Over the Past 10 Years
Min: -2.8   Med: -2.54   Max: -2.05
Current: -2.54

During the past 13 years, the highest Beneish M-Score of Vinan Pedro Tarapaca was -2.05. The lowest was -2.80. And the median was -2.54.


Vinan Pedro Tarapaca Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Vinan Pedro Tarapaca'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.

Vinan Pedro Tarapaca Beneish M-Score Chart

Vinan Pedro Tarapaca 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 -2.25 -2.07 -2.70 -2.60 -2.64

Vinan Pedro Tarapaca 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 -2.68 -2.45 -2.34 -2.64 -2.54

XSGO:VSPT vs BF.B: Beneish M-Score Comparison

For the Beverages - Wineries & Distilleries subindustry, Vinan Pedro Tarapaca'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.


Vinan Pedro Tarapaca Beneish M-Score vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Vinan Pedro Tarapaca's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Vinan Pedro Tarapaca's Beneish M-Score falls into.


XSGO:VSPT
62GF Score
Vina San Pedro Tarapaca SA XSGO:VSPT
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vinan Pedro Tarapaca 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 Vinan Pedro Tarapaca 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 * 0.9533+0.528 * 1.0885+0.404 * 0.9918+0.892 * 0.9588+0.115 * 1
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9493+4.679 * -0.012634-0.327 * 0.9321
=-2.54

* 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 CLP57,499 Mil.
Revenue was 55717.137 + 64033.268 + 75990.644 + 76443.558 = CLP272,185 Mil.
Gross Profit was 17487.081 + 22791.388 + 29617.382 + 28758.649 = CLP98,655 Mil.
Total Current Assets was CLP213,004 Mil.
Total Assets was CLP456,230 Mil.
Property, Plant and Equipment(Net PPE) was CLP190,378 Mil.
Depreciation, Depletion and Amortization(DDA) was CLP0 Mil.
Selling, General, & Admin. Expense(SGA) was CLP42,012 Mil.
Total Current Liabilities was CLP122,819 Mil.
Long-Term Debt & Capital Lease Obligation was CLP2,158 Mil.
Net Income was 20.93 + 2622.56 + 5357.541 + 6213.128 = CLP14,214 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = CLP0 Mil.
Cash Flow from Operations was 4588.879 + 12463.259 + 5145.941 + -2219.888 = CLP19,978 Mil.
Total Receivables was CLP62,907 Mil.
Revenue was 60021.512 + 76973.991 + 74774.164 + 72124.558 = CLP283,894 Mil.
Gross Profit was 22372.118 + 30802.387 + 30100.762 + 28733.133 = CLP112,008 Mil.
Total Current Assets was CLP214,505 Mil.
Total Assets was CLP456,370 Mil.
Property, Plant and Equipment(Net PPE) was CLP188,566 Mil.
Depreciation, Depletion and Amortization(DDA) was CLP0 Mil.
Selling, General, & Admin. Expense(SGA) was CLP46,160 Mil.
Total Current Liabilities was CLP131,296 Mil.
Long-Term Debt & Capital Lease Obligation was CLP2,829 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)
=(57498.723 / 272184.607) / (62907.392 / 283894.225)
=0.211249 / 0.221587
=0.9533

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)
=(112008.4 / 283894.225) / (98654.5 / 272184.607)
=0.394543 / 0.362454
=1.0885

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 - (213003.571 + 190377.597) / 456229.942) / (1 - (214504.954 + 188565.549) / 456369.707)
=0.115838 / 0.11679
=0.9918

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
=272184.607 / 283894.225
=0.9588

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 + 188565.549)) / (0 / (0 + 190377.597))
=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)
=(42012.2 / 272184.607) / (46160.383 / 283894.225)
=0.154352 / 0.162597
=0.9493

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)
=((2158.092 + 122818.57) / 456229.942) / ((2829.224 + 131295.54) / 456369.707)
=0.273933 / 0.293895
=0.9321

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
=(14214.159 - 0 - 19978.191) / 456229.942
=-0.012634

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.

Vinan Pedro Tarapaca has a M-score of -2.54 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 -2.54 mean?
Vinan Pedro Tarapaca (XSGO:VSPT) has a Beneish M-Score of -2.54 as of Jul. 17, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Vinan Pedro Tarapaca and its competitors. According to the industry distribution chart, Vinan Pedro Tarapaca ranks #110 out of 199 companies in the Beverages - Alcoholic industry, placing it in the top 55.3%.
Is Vinan Pedro Tarapaca's Beneish M-Score too high?
Vinan Pedro Tarapaca's current Beneish M-Score is -2.54. Based on the distribution chart, Vinan Pedro Tarapaca ranks #110 out of 199 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Vinan Pedro Tarapaca has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vinan Pedro Tarapaca's Beneish M-Score compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Vinan Pedro Tarapaca ranks #110 out of 199 companies for Beneish M-Score. This places Vinan Pedro Tarapaca 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 a Beverages - Alcoholic company?
A good Beneish M-Score depends on the Beverages - Alcoholic 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 Vinan Pedro Tarapaca and its competitors. Vinan Pedro Tarapaca's current Beneish M-Score is -2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinan Pedro Tarapaca stock overvalued right now?
Based on GuruFocus' analysis, Vinan Pedro Tarapaca (XSGO:VSPT) is currently considered Modestly Undervalued. The stock's GF Value™ is CLP4.49, compared to a current price of CLP4.00 — trading 10.9% below its estimated fair value. The current Beneish M-Score is -2.54. Vinan Pedro Tarapaca's overall GF Score™ is 62/100 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 Vinan Pedro Tarapaca (XSGO:VSPT), the current Beneish M-Score is -2.54 as of Jul. 17, 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 Vinan Pedro Tarapaca (XSGO:VSPT) Overvalued in 2026?

Based on GuruFocus' analysis, Vinan Pedro Tarapaca stock appears to be undervalued. The current stock price of CLP4.00 is trading 10.9% below its estimated GF Value™ of CLP4.49. GuruFocus considers Vinan Pedro Tarapaca to be Modestly Undervalued.

Key valuation signals for XSGO:VSPT:

  • Beneish M-Score: -2.54
  • GF Value™: CLP4.49 vs. price of CLP4.00 (10.9% below fair value)
  • GF Score™: 62/100 with 8 warning signs

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


Vinan Pedro Tarapaca Business Description

Address Avenida Alonso de Cordova 5151, office 1202 and 1203, Las Condes, Santiago, CHL
Vina San Pedro Tarapaca SA is Santiago based producer and exporter of wine in Chile and internationally. It markets ultra-premium, premium, reserve, varietal and massive wines under the brand family of Vina San Pedro, Vina Tarapaca, Vina Santa Helena, Vina Misiones de Rengo, Vina Mar de Casablanca, Vina Casa Rivas, Vina Leyda, Bodega Tamari and Finca La Celia. The company's revenue is generated from the operation of wineries.
62GF Score

Get the complete analysis for XSGO:VSPT

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

CLP4.00
Price
CLP4.49
GF Value