Bombril (BSP:BOBR4) Beneish M-Score: -11.39 (As of Jun. 28, 2026)


BSP:BOBR4 Bombril SA BSP:BOBR4
35 GF Score
Price R$1.21
! 2 Warning Signs
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What is Bombril Beneish M-Score?

Bombril BSP:BOBR4 -0.82% 35 Beneish M-Score is -11.39 as of Jun. 28, 2026. GuruFocus rates BSP:BOBR4 with a GF Score™ of 35/100. The stock has 2 warning signs investors should review. Among 1,849 Consumer Packaged Goods companies, Bombril ranks better than 99.13% 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 -11.39 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

BSP:BOBR4' s Beneish M-Score Range Over the Past 10 Years
Min: -12.19   Med: -2.83   Max: -0.87
Current: -11.39

During the past 13 years, the highest Beneish M-Score of Bombril was -0.87. The lowest was -12.19. And the median was -2.83.


Bombril Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Bombril'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.

Bombril Beneish M-Score Chart

Bombril Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.02 -3.28 -1.34 -2.43 -2.89

Bombril Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -3.07 -12.19 -11.97 -11.57 -11.39

BSP:BOBR4 vs PG, CL, KVUE: Beneish M-Score Comparison

For the Household & Personal Products subindustry, Bombril'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.


Bombril Beneish M-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bombril's Beneish M-Score distribution charts can be found below:

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


BSP:BOBR4
35GF Score
Bombril SA BSP:BOBR4
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Bombril 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 Bombril 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 * 0.9285+0.528 * 1.0362+0.404 * 1.0443+0.892 * 1.0983+0.115 * 1.1777
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0745+4.679 * -1.925422-0.327 * 0.9055
=-11.39

* 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 (Sep25) TTM:Last Year (Sep24) TTM:
Total Receivables was R$242 Mil.
Revenue was 473.295 + 416.359 + 397.361 + 405.693 = R$1,693 Mil.
Gross Profit was 184.872 + 172.229 + 149.343 + 163.588 = R$670 Mil.
Total Current Assets was R$442 Mil.
Total Assets was R$896 Mil.
Property, Plant and Equipment(Net PPE) was R$298 Mil.
Depreciation, Depletion and Amortization(DDA) was R$25 Mil.
Selling, General, & Admin. Expense(SGA) was R$579 Mil.
Total Current Liabilities was R$625 Mil.
Long-Term Debt & Capital Lease Obligation was R$3 Mil.
Net Income was 27.188 + 3.777 + 0.145 + -1608.665 = R$-1,578 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = R$0 Mil.
Cash Flow from Operations was 25.749 + 5.991 + 68.105 + 47.247 = R$147 Mil.
Total Receivables was R$237 Mil.
Revenue was 408.163 + 417.812 + 366.118 + 349.057 = R$1,541 Mil.
Gross Profit was 159.455 + 170.474 + 162.689 + 139.514 = R$632 Mil.
Total Current Assets was R$497 Mil.
Total Assets was R$922 Mil.
Property, Plant and Equipment(Net PPE) was R$271 Mil.
Depreciation, Depletion and Amortization(DDA) was R$27 Mil.
Selling, General, & Admin. Expense(SGA) was R$490 Mil.
Total Current Liabilities was R$514 Mil.
Long-Term Debt & Capital Lease Obligation was R$199 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)
=(241.531 / 1692.708) / (236.851 / 1541.15)
=0.142689 / 0.153685
=0.9285

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)
=(632.132 / 1541.15) / (670.032 / 1692.708)
=0.410169 / 0.395834
=1.0362

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 - (441.994 + 297.896) / 895.724) / (1 - (497.143 + 271.187) / 921.921)
=0.173975 / 0.166599
=1.0443

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
=1692.708 / 1541.15
=1.0983

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))
=(27.297 / (27.297 + 271.187)) / (25.079 / (25.079 + 297.896))
=0.091452 / 0.07765
=1.1777

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)
=(578.782 / 1692.708) / (490.412 / 1541.15)
=0.341927 / 0.318212
=1.0745

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)
=((2.539 + 625.163) / 895.724) / ((199.47 + 514.027) / 921.921)
=0.700776 / 0.773924
=0.9055

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
=(-1577.555 - 0 - 147.092) / 895.724
=-1.925422

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.

Bombril has a M-score of -11.39 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 -11.39 mean?
Bombril (BSP:BOBR4) has a Beneish M-Score of -11.39 as of Jun. 28, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Bombril and its competitors. According to the industry distribution chart, Bombril ranks #16 out of 1849 companies in the Consumer Packaged Goods industry, placing it in the top 0.90000000000001%.
Is Bombril's Beneish M-Score too high?
Bombril's current Beneish M-Score is -11.39. Based on the distribution chart, Bombril ranks #16 out of 1849 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Bombril has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Bombril's Beneish M-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Bombril ranks #16 out of 1849 companies for Beneish M-Score. This places Bombril 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 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 Bombril and its competitors. Bombril's current Beneish M-Score is -11.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bombril stock overvalued right now?
Bombril (BSP:BOBR4) has a current Beneish M-Score of -11.39. The current Beneish M-Score is -11.39. Bombril's overall GF Score™ is 35/100 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 Bombril (BSP:BOBR4), the current Beneish M-Score is -11.39 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.

Bombril Business Description

Address Via Anchieta, Km 14, S/N Bairro Rudge Ramos, Distrito Industrial, Sao Bernardo do Campo, SP, BRA, 09696000
Bombril SA manufactures cleaning products for domestic and industrial use. It develops and commercializes products such as steel wool, detergents, disinfectants, deodorizers, fabric softeners, insecticides, sponges and glass cleaners.
35GF 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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