Lamb Weston Holdings (BSP:L1WH34) Beneish M-Score: -2.80 (As of Aug. 08, 2026)

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BSP:L1WH34 Lamb Weston Holdings Inc BSP:L1WH34
78 GF Score
Price R$124.49
GF Value R$160.19
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Lamb Weston Holdings Beneish M-Score?

Lamb Weston Holdings BSP:L1WH34 78 Beneish M-Score is -2.80 as of Aug. 08, 2026. GuruFocus rates BSP:L1WH34 with a GF Score™ of 78/100 and a GF Value™ of R$160.19 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,853 Consumer Packaged Goods companies, Lamb Weston Holdings ranks better than 73.18% 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 -2.8 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

BSP:L1WH34' s Beneish M-Score Range Over the Past 10 Years
Min: -4.05   Med: -2.53   Max: -1.79
Current: -2.8

During the past 13 years, the highest Beneish M-Score of Lamb Weston Holdings was -1.79. The lowest was -4.05. And the median was -2.53.


Lamb Weston Holdings Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Lamb Weston Holdings'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.

Lamb Weston Holdings Beneish M-Score Chart

Lamb Weston Holdings Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.47 -1.79 -2.53 -2.56 -2.80

Lamb Weston Holdings Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -2.56 -2.62 -2.67 -2.70 -2.80

BSP:L1WH34 vs PPC, CAG, CPB: Beneish M-Score Comparison

For the Packaged Foods subindustry, Lamb Weston Holdings'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.


Lamb Weston Holdings Beneish M-Score vs Consumer Packaged Goods Industry

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

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


BSP:L1WH34
78GF Score
Lamb Weston Holdings Inc BSP:L1WH34
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lamb Weston Holdings 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 Lamb Weston Holdings 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 * 0.9292+0.528 * 1.0544+0.404 * 1.0028+0.892 * 0.9431+0.115 * 0.9135
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0196+4.679 * -0.078381-0.327 * 0.9729
=-2.94

* 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 (May26) TTM:Last Year (May25) TTM:
Total Receivables was R$3,881 Mil.
Revenue was 8817.753 + 8135.082 + 8643.081 + 9035.718 = R$34,632 Mil.
Gross Profit was 1800.314 + 1723.922 + 1732.248 + 1864.539 = R$7,121 Mil.
Total Current Assets was R$10,035 Mil.
Total Assets was R$36,764 Mil.
Property, Plant and Equipment(Net PPE) was R$19,107 Mil.
Depreciation, Depletion and Amortization(DDA) was R$2,077 Mil.
Selling, General, & Admin. Expense(SGA) was R$3,571 Mil.
Total Current Liabilities was R$7,051 Mil.
Long-Term Debt & Capital Lease Obligation was R$17,909 Mil.
Net Income was 545.972 + 280.735 + 331.707 + 350.146 = R$1,509 Mil.
Non Operating Income was -46.826 + -250.582 + -75.315 + -175.89 = R$-549 Mil.
Cash Flow from Operations was 1730.075 + 338.962 + 952.924 + 1916.816 = R$4,939 Mil.
Total Receivables was R$4,429 Mil.
Revenue was 9495.753 + 8763.858 + 9278.976 + 9183.067 = R$36,722 Mil.
Gross Profit was 1939.609 + 2435.206 + 1610.157 + 1976.405 = R$7,961 Mil.
Total Current Assets was R$11,518 Mil.
Total Assets was R$41,889 Mil.
Property, Plant and Equipment(Net PPE) was R$21,710 Mil.
Depreciation, Depletion and Amortization(DDA) was R$2,136 Mil.
Selling, General, & Admin. Expense(SGA) was R$3,713 Mil.
Total Current Liabilities was R$8,364 Mil.
Long-Term Debt & Capital Lease Obligation was R$20,868 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)
=(3881.087 / 34631.634) / (4428.858 / 36721.654)
=0.112068 / 0.120606
=0.9292

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)
=(7961.377 / 36721.654) / (7121.023 / 34631.634)
=0.216803 / 0.205622
=1.0544

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 - (10034.734 + 19106.543) / 36763.968) / (1 - (11518.091 + 21710.245) / 41889.429)
=0.207341 / 0.206761
=1.0028

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
=34631.634 / 36721.654
=0.9431

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))
=(2135.716 / (2135.716 + 21710.245)) / (2076.807 / (2076.807 + 19106.543))
=0.089563 / 0.09804
=0.9135

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)
=(3570.512 / 34631.634) / (3713.396 / 36721.654)
=0.1031 / 0.101123
=1.0196

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)
=((17909.489 + 7051.313) / 36763.968) / ((20868.218 + 8363.606) / 41889.429)
=0.678947 / 0.697833
=0.9729

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
=(1508.56 - -548.613 - 4938.777) / 36763.968
=-0.078381

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.

Lamb Weston Holdings has a M-score of -2.94 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 -2.80 mean?
Lamb Weston Holdings (BSP:L1WH34) has a Beneish M-Score of -2.80 as of Aug. 08, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Lamb Weston Holdings and its competitors. According to the industry distribution chart, Lamb Weston Holdings ranks #497 out of 1853 companies in the Consumer Packaged Goods industry, placing it in the top 26.8%.
Is Lamb Weston Holdings' Beneish M-Score too high?
Lamb Weston Holdings' current Beneish M-Score is -2.80. Based on the distribution chart, Lamb Weston Holdings ranks #497 out of 1853 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Lamb Weston Holdings has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lamb Weston Holdings' Beneish M-Score compare to PPC and CAG?
According to the Consumer Packaged Goods industry distribution chart, Lamb Weston Holdings ranks #497 out of 1853 companies for Beneish M-Score. This puts Lamb Weston Holdings in the upper 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 Lamb Weston Holdings and its competitors. Lamb Weston Holdings's current Beneish M-Score is -2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lamb Weston Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lamb Weston Holdings (BSP:L1WH34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$160.19, compared to a current price of R$124.49 — trading 22.3% below its estimated fair value. The current Beneish M-Score is -2.80. Lamb Weston Holdings' overall GF Score™ is 78/100 with 5 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 Lamb Weston Holdings (BSP:L1WH34), the current Beneish M-Score is -2.80 as of Aug. 08, 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 Lamb Weston Holdings (BSP:L1WH34) Overvalued in 2026?

Based on GuruFocus' analysis, Lamb Weston Holdings stock appears to be undervalued. The current stock price of R$124.49 is trading 22.3% below its estimated GF Value™ of R$160.19. GuruFocus considers Lamb Weston Holdings to be Modestly Undervalued.

Key valuation signals for BSP:L1WH34:

  • Beneish M-Score: -2.80
  • GF Value™: R$160.19 vs. price of R$124.49 (22.3% below fair value)
  • GF Score™: 78/100 with 5 warning signs

No single metric tells the full story. See the BSP:L1WH34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lamb Weston Holdings Business Description

Other Exchanges LW:USA0L5:Germany
Address 599 S. Rivershore Lane, Eagle, ID, USA, 83616
Lamb Weston is North America's largest and the world's second-largest producer of branded and private-label frozen potato products, both by volume and value. The company's portfolio is anchored by french fries, but it also sells sweet potato fries, tater tots, diced potatoes, mashed potatoes, hash browns, and chips. Roughly two thirds of revenue comes from its home market of North America, with none of the other 100 countries the company sells into representing a significant share. McDonald's is Lamb Weston's single-largest customer at 15% of fiscal 2025 sales, with no other company representing more than 10%. Lamb Weston became an independent company in 2016 when it was spun off from Conagra.
78GF Score

Get the complete analysis for BSP:L1WH34

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

R$124.49
Price
R$160.19
GF Value