AlicoALCO -0.93%52 Beneish M-Score is -4.67 as of Jun. 24, 2026. GuruFocus rates ALCO with a GF Score™ of 52/100 and a GF Value™ of $10.12 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,849 Consumer Packaged Goods companies, Alico ranks better than 97.24% 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 -4.67 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Alico's Beneish M-Score or its related term are showing as below:
ALCO'
s Beneish M-Score Range Over the Past 10 Years
Min: -9.36 Med: -2.51 Max: 186.7
Current: -4.67
During the past 13 years, the highest Beneish M-Score of Alico was 186.70. The lowest was -9.36. And the median was -2.51.
Alico Beneish M-Score Related Terms
Alico Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Alico'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.
ALCO vs VFF, AFRI, LMNR: Beneish M-Score Comparison
For the Farm Products subindustry, Alico'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.
Alico Beneish M-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Alico's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Alico'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 Alico 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 * 0.5973
+
0.528 * 1.3611
+
0.404 * 2.2396
+
0.892 * 0.3322
+
0.115 * 1.291
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 3.1452
+
4.679 * -0.327024
-
0.327 * 1.1559
=
-4.67
* 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))
=
(133.669 / (133.669 + 193.986))
/
(61.006 / (61.006 + 132.05))
=
0.407957
/
0.316002
=
1.291
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
=
(-18.882 - 30.588
-
15.888)
/
199.857
=
-0.327024
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.
Alico has a M-score of -4.67 suggests that the company is unlikely to be a manipulator.
Alico (ALCO) has a Beneish M-Score of -4.67 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Alico and its competitors. According to the industry distribution chart, Alico ranks #51 out of 1849 companies in the Consumer Packaged Goods industry, placing it in the top 2.8%.
Is Alico's Beneish M-Score too high?
Alico's current Beneish M-Score is -4.67. Based on the distribution chart, Alico ranks #51 out of 1849 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Alico has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alico's Beneish M-Score compare to VFF and AFRI?
According to the Consumer Packaged Goods industry distribution chart, Alico ranks #51 out of 1849 companies for Beneish M-Score. This places Alico in the top 3% of its industry — outperforming the majority of peers. 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 Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods 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 Alico and its competitors. Alico's current Beneish M-Score is -4.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alico stock overvalued right now?
Based on GuruFocus' analysis, Alico (ALCO) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.12, compared to a current price of $40.63 — trading 301.5% above its estimated fair value. The current Beneish M-Score is -4.67. Alico's overall GF Score™ is 52/100 with 6 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 Alico (ALCO), the current Beneish M-Score is -4.67 as of Jun. 24, 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 Alico (ALCO) Overvalued in 2026?
Based on GuruFocus' analysis, Alico stock appears to be overvalued.
The current stock price of $40.63 is trading 301.5% above its estimated GF Value™ of $10.12.
GuruFocus considers Alico to be Significantly Overvalued.
Key valuation signals for ALCO:
Beneish M-Score: -4.67
GF Value™: $10.12 vs. price of $40.63 (301.5% above fair value)
No single metric tells the full story. See the ALCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alico Inc is a Florida-based agribusiness and land management company that mainly focuses on citrus production and grove conservation. The company operates through two primary business units: Alico Citrus and Land Management and Other Operations. The Alico Citrus segment engages in the cultivation of citrus trees and delivers citrus to the processed and fresh citrus markets. It mainly serves the processed market and sells Hamlin oranges and the Valencia variety to the orange juice processors. The Land Management and Other Operations segment engages in land leasing for recreational, conservation, and mining activities. Alico Citrus delivers the majority of the revenue as the firm's primary operating business unit.
52GF Score
Get the complete analysis for ALCO
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ALCO has been successfully added to your 
