Metalfrio SolutionsBSP:FRIO3 60 Beneish M-Score is -2.52 as of Jul. 06, 2026. GuruFocus rates BSP:FRIO3 with a GF Score™ of 60/100 and a GF Value™ of R$204.42 (Fairly Valued). The stock has 2 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Metalfrio Solutions ranks worse than 55.53% 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 -2.52 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Metalfrio Solutions's Beneish M-Score or its related term are showing as below:
BSP:FRIO3'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.69 Med: -2.75 Max: -2.08
Current: -2.52
During the past 13 years, the highest Beneish M-Score of Metalfrio Solutions was -2.08. The lowest was -3.69. And the median was -2.75.
Metalfrio Solutions Beneish M-Score Related Terms
Metalfrio Solutions Beneish M-Score Historical Data
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The historical data trend for Metalfrio Solutions'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.
BSP:FRIO3 vs SN, SGI, MHK: Beneish M-Score Comparison
For the Furnishings, Fixtures & Appliances subindustry, Metalfrio Solutions'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.
Metalfrio Solutions Beneish M-Score vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Metalfrio Solutions's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Metalfrio Solutions'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 Metalfrio Solutions 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 * 1.0695
+
0.528 * 0.9154
+
0.404 * 1.0555
+
0.892 * 1.0729
+
0.115 * 0.9423
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9215
+
4.679 * -0.033367
-
0.327 * 0.9813
=
-2.52
* 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))
=
(73.508 / (73.508 + 388.421))
/
(78.787 / (78.787 + 387.767))
=
0.159133
/
0.16887
=
0.9423
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
=
(59.058 - 0
-
125.561)
/
1993.075
=
-0.033367
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.
Metalfrio Solutions has a M-score of -2.52 suggests that the company is unlikely to be a manipulator.
Metalfrio Solutions (BSP:FRIO3) has a Beneish M-Score of -2.52 as of Jul. 06, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Metalfrio Solutions and its competitors. According to the industry distribution chart, Metalfrio Solutions ranks #231 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 55.5%.
Is Metalfrio Solutions' Beneish M-Score too high?
Metalfrio Solutions' current Beneish M-Score is -2.52. Based on the distribution chart, Metalfrio Solutions ranks #231 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Metalfrio Solutions has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Metalfrio Solutions' Beneish M-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Metalfrio Solutions ranks #231 out of 416 companies for Beneish M-Score. This places Metalfrio Solutions 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 Furnishings, Fixtures & Appliances company?
A good Beneish M-Score depends on the Furnishings, Fixtures & Appliances 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 Metalfrio Solutions and its competitors. Metalfrio Solutions's current Beneish M-Score is -2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalfrio Solutions stock overvalued right now?
Based on GuruFocus' analysis, Metalfrio Solutions (BSP:FRIO3) is currently considered Fairly Valued. The stock's GF Value™ is R$204.42, compared to a current price of R$205.00 — trading 0.3% above its estimated fair value. The current Beneish M-Score is -2.52. Metalfrio Solutions' overall GF Score™ is 60/100 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 Metalfrio Solutions (BSP:FRIO3), the current Beneish M-Score is -2.52 as of Jul. 06, 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 Metalfrio Solutions (BSP:FRIO3) Overvalued in 2026?
Based on GuruFocus' analysis, Metalfrio Solutions stock appears to be overvalued.
The current stock price of R$205.00 is trading 0.3% above its estimated GF Value™ of R$204.42.
GuruFocus considers Metalfrio Solutions to be Fairly Valued.
Key valuation signals for BSP:FRIO3:
Beneish M-Score: -2.52
GF Value™: R$204.42 vs. price of R$205.00 (0.3% above fair value)
No single metric tells the full story. See the BSP:FRIO3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metalfrio Solutions SA is a Brazilian company which is engaged in the manufacture, import, and sale of domestic and commercial refrigerators and freezers, in Brazil and abroad. The company operates its business through Goods and Service segment. The Goods segment comprises the manufacture and sale of domestic and commercial refrigerators and freezers. The Service segment comprises the maintenance and technical assistance for the products sold by both the company and third parties, as well as the sale of parts to authorized dealers and product customers, and logistics services. It generates majority of the revenue from Goods segment. The product brands of the company are Metalfrio, Caravell, Derby, Klimasan, and other.
60GF Score
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