America MovilB de CV (BUE:AMX) Beneish M-Score: -2.94 (As of Jun. 25, 2026)


BUE:AMX America Movil SAB de CV BUE:AMX
58 GF Score
Price ARS40,160.00
GF Value ARS33,455.03
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is America MovilB de CV Beneish M-Score?

America MovilB de CV BUE:AMX +0.60% 58 Beneish M-Score is -2.94 as of Jun. 25, 2026. GuruFocus rates BUE:AMX with a GF Score™ of 58/100 and a GF Value™ of ARS33,455.03 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 355 Telecommunication Services companies, America MovilB de CV ranks better than 63.1% 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 -2.94 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

BUE:AMX' s Beneish M-Score Range Over the Past 10 Years
Min: -3.14   Med: -2.57   Max: -1.81
Current: -2.94

During the past 13 years, the highest Beneish M-Score of America MovilB de CV was -1.81. The lowest was -3.14. And the median was -2.57.


America MovilB de CV Beneish M-Score Historical Data

* Premium members only.

The historical data trend for America MovilB de CV'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.

America MovilB de CV Beneish M-Score Chart

America MovilB de CV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.93 -2.91 -2.91 -2.80 -2.94

America MovilB de CV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 -2.94 0.00

BUE:AMX vs TMUS, VZ, T: Beneish M-Score Comparison

For the Telecom Services subindustry, America MovilB de CV'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.


America MovilB de CV Beneish M-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, America MovilB de CV's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where America MovilB de CV's Beneish M-Score falls into.


BUE:AMX
58GF Score
America Movil SAB de CV BUE:AMX
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

America MovilB de CV 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 America MovilB de CV 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 * 1.0044+0.528 * 0.9968+0.404 * 1.0398+0.892 * 1.8071+0.115 * 0.8979
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0224+4.679 * -0.117791-0.327 * 0.9713
=-2.30

* 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was ARS19,559,016 Mil.
Revenue was ARS76,069,282 Mil.
Gross Profit was ARS47,239,169 Mil.
Total Current Assets was ARS29,433,359 Mil.
Total Assets was ARS145,071,953 Mil.
Property, Plant and Equipment(Net PPE) was ARS71,326,715 Mil.
Depreciation, Depletion and Amortization(DDA) was ARS14,575,170 Mil.
Selling, General, & Admin. Expense(SGA) was ARS16,687,759 Mil.
Total Current Liabilities was ARS39,918,711 Mil.
Long-Term Debt & Capital Lease Obligation was ARS49,268,581 Mil.
Net Income was ARS6,676,273 Mil.
Gross Profit was ARS1,805,664 Mil.
Cash Flow from Operations was ARS21,958,833 Mil.
Total Receivables was ARS10,776,091 Mil.
Revenue was ARS42,094,621 Mil.
Gross Profit was ARS26,056,339 Mil.
Total Current Assets was ARS17,128,881 Mil.
Total Assets was ARS86,876,018 Mil.
Property, Plant and Equipment(Net PPE) was ARS44,226,627 Mil.
Depreciation, Depletion and Amortization(DDA) was ARS7,948,410 Mil.
Selling, General, & Admin. Expense(SGA) was ARS9,032,591 Mil.
Total Current Liabilities was ARS23,942,849 Mil.
Long-Term Debt & Capital Lease Obligation was ARS31,044,352 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)
=(19559015.999 / 76069281.616) / (10776090.63 / 42094621.127)
=0.257121 / 0.255997
=1.0044

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)
=(26056339.016 / 42094621.127) / (47239168.976 / 76069281.616)
=0.618995 / 0.621002
=0.9968

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 - (29433358.604 + 71326715.202) / 145071952.76) / (1 - (17128881.377 + 44226626.537) / 86876017.903)
=0.305448 / 0.293758
=1.0398

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
=76069281.616 / 42094621.127
=1.8071

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))
=(7948409.529 / (7948409.529 + 44226626.537)) / (14575169.756 / (14575169.756 + 71326715.202))
=0.152341 / 0.169672
=0.8979

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)
=(16687759.25 / 76069281.616) / (9032590.582 / 42094621.127)
=0.219376 / 0.214578
=1.0224

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)
=((49268581.354 + 39918711.148) / 145071952.76) / ((31044351.554 + 23942849.474) / 86876017.903)
=0.61478 / 0.632939
=0.9713

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
=(6676273.488 - 1805663.806 - 21958832.732) / 145071952.76
=-0.117791

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.

America MovilB de CV has a M-score of -2.30 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 -2.94 mean?
America MovilB de CV (BUE:AMX) has a Beneish M-Score of -2.94 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on America MovilB de CV and its competitors. According to the industry distribution chart, America MovilB de CV ranks #131 out of 355 companies in the Telecommunication Services industry, placing it in the top 36.9%.
Is America MovilB de CV's Beneish M-Score too high?
America MovilB de CV's current Beneish M-Score is -2.94. Based on the distribution chart, America MovilB de CV ranks #131 out of 355 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, America MovilB de CV has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does America MovilB de CV's Beneish M-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, America MovilB de CV ranks #131 out of 355 companies for Beneish M-Score. This puts America MovilB de CV 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 Telecommunication Services company?
A good Beneish M-Score depends on the Telecommunication Services 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 America MovilB de CV and its competitors. America MovilB de CV's current Beneish M-Score is -2.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is America MovilB de CV stock overvalued right now?
Based on GuruFocus' analysis, America MovilB de CV (BUE:AMX) is currently considered Modestly Overvalued. The stock's GF Value™ is ARS33,455.03, compared to a current price of ARS40,160.00 — trading 20% above its estimated fair value. The current Beneish M-Score is -2.94. America MovilB de CV's overall GF Score™ is 58/100 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 America MovilB de CV (BUE:AMX), the current Beneish M-Score is -2.94 as of Jun. 25, 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 America MovilB de CV (BUE:AMX) Overvalued in 2026?

Based on GuruFocus' analysis, America MovilB de CV stock appears to be overvalued. The current stock price of ARS40,160.00 is trading 20% above its estimated GF Value™ of ARS33,455.03. GuruFocus considers America MovilB de CV to be Modestly Overvalued.

Key valuation signals for BUE:AMX:

  • Beneish M-Score: -2.94
  • GF Value™: ARS33,455.03 vs. price of ARS40,160.00 (20% above fair value)
  • GF Score™: 58/100 with 6 warning signs

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


America MovilB de CV Business Description

Address Lago Zurich 245, Plaza Carso / Edificio Telcel, Colonia Ampliacion Granada, Delegacion Miguel Hidalgo, Piso 16, Mexico City, DF, MEX, 11529
América Móvil is the largest telecom carrier in Latin America, serving about 335 million wireless customers across the region. It also provides fixed-line phone, internet access, and television services in most of the countries it serves. Mexico is the firm's largest market, providing about 35% of service revenue. Móvil dominates the Mexican wireless market with about 60% customer share and also serves about half of the country's fixed-line internet access customers. Brazil, its second-most important market, accounts for about 20% of service revenue. Móvil sold its low-margin wireless resale business in the US to Verizon in 2021 and now owns a 1.4% stake in the US telecom giant. The firm also holds a 61% stake in Telekom Austria.
58GF Score

Get the complete analysis for BUE:AMX

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

ARS40,160.00
Price
ARS33,455.03
GF Value