BCRX (BioCryst Pharmaceuticals) Beneish M-Score: -9.63 (As of Jun. 25, 2026)


BCRX BioCryst Pharmaceuticals Inc BCRX
62 GF Score
Price $10.12
GF Value $12.77
Valuation Modestly Undervalued
! 4 Warning Signs
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What is BioCryst Pharmaceuticals Beneish M-Score?

BioCryst Pharmaceuticals BCRX +1.15% 62 Beneish M-Score is -9.63 as of Jun. 25, 2026. GuruFocus rates BCRX with a GF Score™ of 62/100 and a GF Value™ of $12.77 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 911 Drug Manufacturers companies, BioCryst Pharmaceuticals ranks better than 99.23% 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 -9.63 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

BCRX' s Beneish M-Score Range Over the Past 10 Years
Min: -9.63   Med: -2.4   Max: 255.8
Current: -9.63

During the past 13 years, the highest Beneish M-Score of BioCryst Pharmaceuticals was 255.80. The lowest was -9.63. And the median was -2.40.


BioCryst Pharmaceuticals Beneish M-Score Historical Data

* Premium members only.

The historical data trend for BioCryst Pharmaceuticals'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.

BioCryst Pharmaceuticals Beneish M-Score Chart

BioCryst Pharmaceuticals 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 3.35 -1.52 -3.66 255.80 -2.16

BioCryst Pharmaceuticals 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 -0.92 -2.66 -2.41 -2.16 -9.63

BCRX vs PBH, SUPN, ANIP: Beneish M-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, BioCryst Pharmaceuticals'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.


BioCryst Pharmaceuticals Beneish M-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, BioCryst Pharmaceuticals's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where BioCryst Pharmaceuticals's Beneish M-Score falls into.


BCRX
62GF Score
BioCryst Pharmaceuticals Inc BCRX
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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BioCryst Pharmaceuticals 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 BioCryst Pharmaceuticals 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 * 0.6651+0.528 * 0.9913+0.404 * 1.3991+0.892 * 1.7592+0.115 * 0.9836
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.7087+4.679 * -1.642818-0.327 * 1.1187
=-9.63

* 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 $109.3 Mil.
Revenue was 156.413 + 406.555 + 159.395 + 163.353 = $885.7 Mil.
Gross Profit was 151.036 + 397.033 + 157.208 + 160.555 = $865.8 Mil.
Total Current Assets was $373.6 Mil.
Total Assets was $465.1 Mil.
Property, Plant and Equipment(Net PPE) was $23.0 Mil.
Depreciation, Depletion and Amortization(DDA) was $1.5 Mil.
Selling, General, & Admin. Expense(SGA) was $360.7 Mil.
Total Current Liabilities was $195.4 Mil.
Long-Term Debt & Capital Lease Obligation was $814.7 Mil.
Net Income was -721.812 + 245.845 + 12.899 + 5.085 = $-458.0 Mil.
Non Operating Income was -1.687 + -1.123 + -0.038 + -4.234 = $-7.1 Mil.
Cash Flow from Operations was -61.791 + 291.96 + 41.624 + 41.302 = $313.1 Mil.
Total Receivables was $93.4 Mil.
Revenue was 145.534 + 131.534 + 117.085 + 109.332 = $503.5 Mil.
Gross Profit was 140.966 + 125.44 + 113.874 + 107.633 = $487.9 Mil.
Total Current Assets was $410.0 Mil.
Total Assets was $480.0 Mil.
Property, Plant and Equipment(Net PPE) was $19.6 Mil.
Depreciation, Depletion and Amortization(DDA) was $1.3 Mil.
Selling, General, & Admin. Expense(SGA) was $289.3 Mil.
Total Current Liabilities was $139.9 Mil.
Long-Term Debt & Capital Lease Obligation was $792.1 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)
=(109.272 / 885.716) / (93.394 / 503.485)
=0.123371 / 0.185495
=0.6651

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)
=(487.913 / 503.485) / (865.832 / 885.716)
=0.969072 / 0.97755
=0.9913

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 - (373.625 + 22.985) / 465.052) / (1 - (409.977 + 19.575) / 480.047)
=0.147171 / 0.105188
=1.3991

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
=885.716 / 503.485
=1.7592

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))
=(1.271 / (1.271 + 19.575)) / (1.519 / (1.519 + 22.985))
=0.060971 / 0.06199
=0.9836

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)
=(360.732 / 885.716) / (289.326 / 503.485)
=0.407277 / 0.574647
=0.7087

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)
=((814.673 + 195.391) / 465.052) / ((792.119 + 139.855) / 480.047)
=2.171938 / 1.941422
=1.1187

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
=(-457.983 - -7.082 - 313.095) / 465.052
=-1.642818

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.

BioCryst Pharmaceuticals has a M-score of -9.63 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 -9.63 mean?
BioCryst Pharmaceuticals (BCRX) has a Beneish M-Score of -9.63 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on BioCryst Pharmaceuticals and its competitors. According to the industry distribution chart, BioCryst Pharmaceuticals ranks #7 out of 911 companies in the Drug Manufacturers industry, placing it in the top 0.8%.
Is BioCryst Pharmaceuticals' Beneish M-Score too high?
BioCryst Pharmaceuticals' current Beneish M-Score is -9.63. Based on the distribution chart, BioCryst Pharmaceuticals ranks #7 out of 911 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, BioCryst Pharmaceuticals has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BioCryst Pharmaceuticals' Beneish M-Score compare to PBH and SUPN?
According to the Drug Manufacturers industry distribution chart, BioCryst Pharmaceuticals ranks #7 out of 911 companies for Beneish M-Score. This places BioCryst Pharmaceuticals in the top 1% 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 Drug Manufacturers company?
A good Beneish M-Score depends on the Drug Manufacturers 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 BioCryst Pharmaceuticals and its competitors. BioCryst Pharmaceuticals's current Beneish M-Score is -9.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BioCryst Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, BioCryst Pharmaceuticals (BCRX) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.77, compared to a current price of $10.12 — trading 20.8% below its estimated fair value. The current Beneish M-Score is -9.63. BioCryst Pharmaceuticals' overall GF Score™ is 62/100 with 4 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 BioCryst Pharmaceuticals (BCRX), the current Beneish M-Score is -9.63 as of Jun. 25, 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 BioCryst Pharmaceuticals (BCRX) Overvalued in 2026?

Based on GuruFocus' analysis, BioCryst Pharmaceuticals stock appears to be undervalued. The current stock price of $10.12 is trading 20.8% below its estimated GF Value™ of $12.77. GuruFocus considers BioCryst Pharmaceuticals to be Modestly Undervalued.

Key valuation signals for BCRX:

  • Beneish M-Score: -9.63
  • GF Value™: $12.77 vs. price of $10.12 (20.8% below fair value)
  • GF Score™: 62/100 with 4 warning signs

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


BioCryst Pharmaceuticals Business Description

Other Exchanges BCRX:MexicoBO1:Germany
Address 4505 Emperor Boulevard, Suite 200, Durham, NC, USA, 27703
BioCryst Pharmaceuticals Inc is a biotechnology company involved mainly in the research and development of novel small-molecule drugs, to block key enzymes involved in infectious and inflammatory diseases. Biocryst's research is based on multiple scientific disciplines like biology, computer modeling, and medicinal chemistry. Its products and candidates target the following therapeutic areas: acute uncomplicated influenza; uncomplicated seasonal influenza; hereditary angioedema; filoviruses, including the Ebola and Marburg viruses; and oncology.
62GF Score

Get the complete analysis for BCRX

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

$10.12
Price
$12.77
GF Value