Castle Private Equity AG (XSWX:CPEN) Beneish M-Score: 0.00 (As of Jun. 28, 2026)


XSWX:CPEN Castle Private Equity AG XSWX:CPEN
32 GF Score
Price CHF3.00
! 2 Warning Signs
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What is Castle Private Equity AG Beneish M-Score?

Castle Private Equity AG XSWX:CPEN +4.90% 32 Beneish M-Score is 0.00 as of Jun. 28, 2026. GuruFocus rates XSWX:CPEN with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 954 Asset Management companies, Castle Private Equity AG ranks worse than 104821.7% 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.

The historical rank and industry rank for Castle Private Equity AG's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Castle Private Equity AG was 0.00. The lowest was 0.00. And the median was 0.00.

XSWX:CPEN
32GF Score
Castle Private Equity AG XSWX:CPEN
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Castle Private Equity AG 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 Castle Private Equity AG 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was CHF0.00 Mil.
Revenue was CHF2.45 Mil.
Gross Profit was CHF2.45 Mil.
Total Current Assets was CHF0.00 Mil.
Total Assets was CHF48.78 Mil.
Property, Plant and Equipment(Net PPE) was CHF0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was CHF0.00 Mil.
Selling, General, & Admin. Expense(SGA) was CHF0.61 Mil.
Total Current Liabilities was CHF0.00 Mil.
Long-Term Debt & Capital Lease Obligation was CHF0.00 Mil.
Net Income was CHF1.40 Mil.
Gross Profit was CHF0.00 Mil.
Cash Flow from Operations was CHF4.36 Mil.
 Total Receivables was CHF0.00 Mil.
Revenue was CHF-1.78 Mil.
Gross Profit was CHF-1.78 Mil.
Total Current Assets was CHF0.00 Mil.
Total Assets was CHF66.96 Mil.
Property, Plant and Equipment(Net PPE) was CHF0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was CHF0.00 Mil.
Selling, General, & Admin. Expense(SGA) was CHF0.69 Mil.
Total Current Liabilities was CHF0.00 Mil.
Long-Term Debt & Capital Lease Obligation was CHF0.00 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)
=(0 / 2.445) / (0 / -1.781)
=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)
=(-1.781 / -1.781) / (2.445 / 2.445)
= / 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 + 0) / 48.776) / (1 - (0 + 0) / 66.959)
=1 / 1
=

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
=2.445 / -1.781
=

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)
=(0.611 / 2.445) / (0.692 / -1.781)
=0.249898 /
=

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 + 0) / 48.776) / ((0 + 0) / 66.959)
=0 / 0
=

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
=(1.399 - 0 - 4.357) / 48.776
=-0.060645

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?
Castle Private Equity AG (XSWX:CPEN) has a Beneish M-Score of 0.00 as of Jun. 28, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Castle Private Equity AG and its competitors. According to the industry distribution chart, Castle Private Equity AG ranks #999999 out of 954 companies in the Asset Management industry.
Is Castle Private Equity AG's Beneish M-Score too high?
Castle Private Equity AG's current Beneish M-Score is 0.00. Based on the distribution chart, Castle Private Equity AG ranks #999999 out of 954 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Castle Private Equity AG has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Castle Private Equity AG's Beneish M-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Castle Private Equity AG ranks #999999 out of 954 companies for Beneish M-Score. This places Castle Private Equity AG 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 Castle Private Equity AG and its competitors. Castle Private Equity AG'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 Castle Private Equity AG stock overvalued right now?
Castle Private Equity AG (XSWX:CPEN) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Castle Private Equity AG's overall GF Score™ is 32/100 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 Castle Private Equity AG (XSWX:CPEN), the current Beneish M-Score is 0.00 as of Jun. 28, 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.

Castle Private Equity AG Business Description

Other Exchanges 0QOO:UKCLQN:Germany
Address Schutzenstrasse 6, Pfaffikon, CHE, CH-8808
Castle Private Equity AG is engaged in private equity investments. Its investment policy aims at maximization of the long-term value advancement by way of realizing the Group's funds by harvesting the portfolio of private equity investments as their underlying assets are realized. The company has a geographic presence in Asia, Europe, North America, and Others.
32GF Score

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

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