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Mother Nutri FoodsBOM:544623 16 Beneish M-Score is 11.30 as of Jul. 30, 2026, which is 123% above its 10-year median of 5.06. GuruFocus rates BOM:544623 with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 1,852 Consumer Packaged Goods companies, Mother Nutri Foods ranks worse than 98.38% 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.
Warning Sign:
Beneish M-Score 11.3 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Mother Nutri Foods's Beneish M-Score or its related term are showing as below:
BOM:544623'
s Beneish M-Score Range Over the Past 10 Years
Min: -1.18 Med: 5.06 Max: 11.3
Current: 11.3
During the past 4 years, the highest Beneish M-Score of Mother Nutri Foods was 11.30. The lowest was -1.18. And the median was 5.06.
Mother Nutri Foods Beneish M-Score Related Terms
Mother Nutri Foods Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Mother Nutri Foods'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.
Mother Nutri Foods Beneish M-Score Chart
Mother Nutri Foods Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Beneish M-Score
0.00
0.00
-1.18
11.30
Mother Nutri Foods Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
Beneish M-Score
0.00
0.00
-1.18
0.00
11.30
BOM:544623 vs KHC, GIS: Beneish M-Score Comparison
For the Packaged Foods subindustry, Mother Nutri Foods'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.
Mother Nutri Foods Beneish M-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Mother Nutri Foods's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Mother Nutri Foods'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 Mother Nutri Foods 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 * 1.111
+
0.528 * 1.0964
+
0.404 * 27.6882
+
0.892 * 1.3661
+
0.115 * 1.0935
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0
+
4.679 * 0.477238
-
0.327 * 0.6878
=
11.30
* 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))
=
(5.503 / (5.503 + 37.236))
/
(4.887 / (4.887 + 36.616))
=
0.128758
/
0.117751
=
1.0935
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
=
(116.388 - 0
-
-453.289)
/
1193.696
=
0.477238
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.
Mother Nutri Foods has a M-score of 11.30 signals that the company is likely to be a manipulator.
Mother Nutri Foods (BOM:544623) has a Beneish M-Score of 11.30 as of Jul. 30, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Mother Nutri Foods and its competitors. This is 123% above median its historical median of 5.06. According to the industry distribution chart, Mother Nutri Foods ranks #1822 out of 1852 companies in the Consumer Packaged Goods industry, placing it in the top 98.4%.
Is Mother Nutri Foods' Beneish M-Score too high?
Mother Nutri Foods' current Beneish M-Score of 11.30 is 123% above median its 10-year median of 5.06. Based on the distribution chart, Mother Nutri Foods ranks #1822 out of 1852 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Mother Nutri Foods has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Mother Nutri Foods' Beneish M-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Mother Nutri Foods ranks #1822 out of 1852 companies for Beneish M-Score. This places Mother Nutri Foods 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 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 Mother Nutri Foods and its competitors. Mother Nutri Foods's current Beneish M-Score is 11.30, which is 123% above median its own 10-year median of 5.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mother Nutri Foods stock overvalued right now?
Mother Nutri Foods (BOM:544623) has a current Beneish M-Score of 11.30. The current Beneish M-Score is 11.30, which is 123% above median its 10-year median of 5.06. Mother Nutri Foods' overall GF Score™ is 16/100 with 3 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 Mother Nutri Foods (BOM:544623), the current Beneish M-Score is 11.30 as of Jul. 30, 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.
Mother Nutri Foods Ltd is a B2B peanut butter manufacturing company offering various flavours and ranges of peanut butter. The company also offer the peanut butter under its own brand 'Spread & Eat' in several countries. It is also engage in private labelling, manufacturing peanut butter for domestic and international customers, including hypermarkets, supermarkets, and retail chains. The company operates in a single business segment i.e. Food Processing. It generates the majority of revenue from the sale of Peanut butter to domestic as well as international markets.
16GF Score
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