Barfresh Food GroupBRFH 46 Beneish M-Score is -0.07 as of Jul. 10, 2026. GuruFocus rates BRFH with a GF Score™ of 46/100 and a GF Value™ of $4.80 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 109 Beverages - Non-Alcoholic companies, Barfresh Food Group ranks worse than 94.5% 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 -0.07 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Barfresh Food Group's Beneish M-Score or its related term are showing as below:
BRFH'
s Beneish M-Score Range Over the Past 10 Years
Min: -7.52 Med: -3.07 Max: 0.74
Current: -0.07
During the past 13 years, the highest Beneish M-Score of Barfresh Food Group was 0.74. The lowest was -7.52. And the median was -3.07.
Barfresh Food Group Beneish M-Score Related Terms
Barfresh Food Group Beneish M-Score Historical Data
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The historical data trend for Barfresh Food Group'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.
BRFH vs JSDA, REED, MOJO: Beneish M-Score Comparison
For the Beverages - Non-Alcoholic subindustry, Barfresh Food Group'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.
Barfresh Food Group Beneish M-Score vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Barfresh Food Group's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Barfresh Food Group'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 Barfresh Food Group 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 * 0.9142
+
0.528 * 1.6362
+
0.404 * 0.4792
+
0.892 * 1.563
+
0.115 * 16.3035
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.5862
+
4.679 * 0.06539
-
0.327 * 1.8576
=
-0.07
* 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))
=
(0.283 / (0.283 + 0.308))
/
(0.253 / (0.253 + 8.361))
=
0.478849
/
0.029371
=
16.3035
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
=
(-2.594 - -0.022
-
-3.542)
/
14.834
=
0.06539
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.
Barfresh Food Group has a M-score of -0.07 signals that the company is likely to be a manipulator.
Barfresh Food Group (BRFH) has a Beneish M-Score of -0.07 as of Jul. 10, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Barfresh Food Group and its competitors. According to the industry distribution chart, Barfresh Food Group ranks #103 out of 109 companies in the Beverages - Non-Alcoholic industry, placing it in the top 94.5%.
Is Barfresh Food Group's Beneish M-Score too high?
Barfresh Food Group's current Beneish M-Score is -0.07. Based on the distribution chart, Barfresh Food Group ranks #103 out of 109 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Barfresh Food Group has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Barfresh Food Group's Beneish M-Score compare to JSDA and REED?
According to the Beverages - Non-Alcoholic industry distribution chart, Barfresh Food Group ranks #103 out of 109 companies for Beneish M-Score. This places Barfresh Food Group 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 - Non-Alcoholic company?
A good Beneish M-Score depends on the Beverages - Non-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 Barfresh Food Group and its competitors. Barfresh Food Group's current Beneish M-Score is -0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barfresh Food Group stock overvalued right now?
Based on GuruFocus' analysis, Barfresh Food Group (BRFH) is currently considered Possible Value Trap. The stock's GF Value™ is $4.80, compared to a current price of $1.95 — trading 59.4% below its estimated fair value. The current Beneish M-Score is -0.07. Barfresh Food Group's overall GF Score™ is 46/100 with 7 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 Barfresh Food Group (BRFH), the current Beneish M-Score is -0.07 as of Jul. 10, 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 Barfresh Food Group (BRFH) Overvalued in 2026?
Based on GuruFocus' analysis, Barfresh Food Group stock appears to be undervalued.
The current stock price of $1.95 is trading 59.4% below its estimated GF Value™ of $4.80.
GuruFocus considers Barfresh Food Group to be Possible Value Trap.
Key valuation signals for BRFH:
Beneish M-Score: -0.07
GF Value™: $4.80 vs. price of $1.95 (59.4% below fair value)
No single metric tells the full story. See the BRFH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Barfresh Food Group Inc develops, manufactures and distributes ready to blend frozen beverages, including smoothies, shakes and frappes for restaurant chains and the foodservice industry. The company's proprietary, patented system uses portion-controlled pre-packaged beverage ingredients that deliver freshly made frozen beverages that are quick, cost efficient, and without waste. Barfresh provides both a single serve solution and a bulk format solution, ideal for high-volume locations. It has seven flavors available as part of its standard line vanilla shake, caribbean smoothie, triple berry smoothie, caramel macchiato frappe, strawberry banana smoothie, mocha frappe and mango burst smoothie and has the development capabilities to deliver custom flavors.
46GF Score
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