Parker Hannifin (BSP:P1HC34) Beneish M-Score: -2.56 (As of Aug. 20, 2026)

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BSP:P1HC34 Parker Hannifin Corp BSP:P1HC34
86 GF Score
Price R$67.35
GF Value R$48.13
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Parker Hannifin Beneish M-Score?

Parker Hannifin BSP:P1HC34 86 Beneish M-Score is -2.56 as of Aug. 20, 2026. GuruFocus rates BSP:P1HC34 with a GF Score™ of 86/100 and a GF Value™ of R$48.13 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,914 Industrial Products companies, Parker Hannifin ranks better than 61.12% 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 -2.56 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

BSP:P1HC34' s Beneish M-Score Range Over the Past 10 Years
Min: -2.7   Med: -2.57   Max: -2.36
Current: -2.56

During the past 13 years, the highest Beneish M-Score of Parker Hannifin was -2.36. The lowest was -2.70. And the median was -2.57.


Parker Hannifin Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Parker Hannifin'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.

Parker Hannifin Beneish M-Score Chart

Parker Hannifin Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.57 -2.36 -2.59 -2.56 -2.56

Parker Hannifin Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -2.54 -2.46 -2.53 -2.56

BSP:P1HC34 vs ETN, CMI, EMR: Beneish M-Score Comparison

For the Specialty Industrial Machinery subindustry, Parker Hannifin'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.


Parker Hannifin Beneish M-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Parker Hannifin's Beneish M-Score distribution charts can be found below:

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


BSP:P1HC34
86GF Score
Parker Hannifin Corp BSP:P1HC34
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Parker Hannifin 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 Parker Hannifin 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 * 0.9946+0.528 * 0.9778+0.404 * 0.9822+0.892 * 0.9995+0.115 * 0.9973
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9846+4.679 * -0.034065-0.327 * 0.9228
=-2.64

* 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 (Jun26) TTM:Last Year (Jun25) TTM:
Total Receivables was R$17,796 Mil.
Revenue was 29489.195 + 28689.586 + 28227.792 + 27265.492 = R$113,672 Mil.
Gross Profit was 11513.853 + 10548.103 + 10534.957 + 10227.241 = R$42,824 Mil.
Total Current Assets was R$39,430 Mil.
Total Assets was R$158,217 Mil.
Property, Plant and Equipment(Net PPE) was R$15,475 Mil.
Depreciation, Depletion and Amortization(DDA) was R$4,959 Mil.
Selling, General, & Admin. Expense(SGA) was R$18,350 Mil.
Total Current Liabilities was R$31,237 Mil.
Long-Term Debt & Capital Lease Obligation was R$34,670 Mil.
Net Income was 5590.393 + 4727.558 + 4610.066 + 4333.304 = R$19,261 Mil.
Non Operating Income was 317.694 + 444.516 + 403.722 + 547.026 = R$1,713 Mil.
Cash Flow from Operations was 8895.438 + 5145.926 + 4702.813 + 4193.866 = R$22,938 Mil.
Total Receivables was R$17,902 Mil.
Revenue was 29076.629 + 28560.176 + 28937.043 + 27157.371 = R$113,731 Mil.
Gross Profit was 10858.676 + 10537.323 + 10499.821 + 10001.267 = R$41,897 Mil.
Total Current Assets was R$38,543 Mil.
Total Assets was R$163,568 Mil.
Property, Plant and Equipment(Net PPE) was R$16,288 Mil.
Depreciation, Depletion and Amortization(DDA) was R$5,201 Mil.
Selling, General, & Admin. Expense(SGA) was R$18,647 Mil.
Total Current Liabilities was R$32,271 Mil.
Long-Term Debt & Capital Lease Obligation was R$41,560 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)
=(17795.999 / 113672.065) / (17901.842 / 113731.219)
=0.156556 / 0.157405
=0.9946

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)
=(41897.087 / 113731.219) / (42824.154 / 113672.065)
=0.368387 / 0.376734
=0.9778

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 - (39429.949 + 15474.782) / 158216.836) / (1 - (38543.31 + 16288.015) / 163567.825)
=0.652978 / 0.664779
=0.9822

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
=113672.065 / 113731.219
=0.9995

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))
=(5200.814 / (5200.814 + 16288.015)) / (4958.762 / (4958.762 + 15474.782))
=0.242024 / 0.242678
=0.9973

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)
=(18349.749 / 113672.065) / (18647.307 / 113731.219)
=0.161427 / 0.163959
=0.9846

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)
=((34669.661 + 31236.514) / 158216.836) / ((41560.225 + 32271.01) / 163567.825)
=0.416556 / 0.45138
=0.9228

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
=(19261.321 - 1712.958 - 22938.043) / 158216.836
=-0.034065

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.

Parker Hannifin has a M-score of -2.64 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 -2.56 mean?
Parker Hannifin (BSP:P1HC34) has a Beneish M-Score of -2.56 as of Aug. 20, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Parker Hannifin and its competitors. According to the industry distribution chart, Parker Hannifin ranks #1133 out of 2914 companies in the Industrial Products industry, placing it in the top 38.9%.
Is Parker Hannifin's Beneish M-Score too high?
Parker Hannifin's current Beneish M-Score is -2.56. Based on the distribution chart, Parker Hannifin ranks #1133 out of 2914 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Parker Hannifin has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Parker Hannifin's Beneish M-Score compare to ETN and CMI?
According to the Industrial Products industry distribution chart, Parker Hannifin ranks #1133 out of 2914 companies for Beneish M-Score. This puts Parker Hannifin 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 an Industrial Products company?
A good Beneish M-Score depends on the Industrial Products 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 Parker Hannifin and its competitors. Parker Hannifin's current Beneish M-Score is -2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parker Hannifin stock overvalued right now?
Based on GuruFocus' analysis, Parker Hannifin (BSP:P1HC34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$48.13, compared to a current price of R$67.35 — trading 39.9% above its estimated fair value. The current Beneish M-Score is -2.56. Parker Hannifin's overall GF Score™ is 86/100 with 6 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 Parker Hannifin (BSP:P1HC34), the current Beneish M-Score is -2.56 as of Aug. 20, 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 Parker Hannifin (BSP:P1HC34) Overvalued in 2026?

Based on GuruFocus' analysis, Parker Hannifin stock appears to be overvalued. The current stock price of R$67.35 is trading 39.9% above its estimated GF Value™ of R$48.13. GuruFocus considers Parker Hannifin to be Significantly Overvalued.

Key valuation signals for BSP:P1HC34:

  • Beneish M-Score: -2.56
  • GF Value™: R$48.13 vs. price of R$67.35 (39.9% above fair value)
  • GF Score™: 86/100 with 6 warning signs

No single metric tells the full story. See the BSP:P1HC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Parker Hannifin Business Description

Address 6035 Parkland Boulevard, Cleveland, OH, USA, 44124-4141
Parker Hannifin started out in 1917 as Parker Appliance, selling pneumatic brakes. Through the acquisition of branded components, the firm has expanded into aerospace engines, agricultural and construction machinery, freight and passenger vehicles, and industrial automation equipment. Within these larger systems, Parker sells a wide array of small, critical pieces such as hydraulic, electromechanical, climate control, and filtration components. Many of its products are designed to work together, resulting in a high rate of cross-selling.
86GF Score

Get the complete analysis for BSP:P1HC34

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

R$67.35
Price
R$48.13
GF Value