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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.
Warning Sign:
Beneish M-Score -1.54 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Bunge Global's Beneish M-Score or its related term are showing as below:
BUE:BNGD'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.09 Med: -1.89 Max: 0.66
Current: -1.54
During the past 13 years, the highest Beneish M-Score of Bunge Global was 0.66. The lowest was -3.09. And the median was -1.89.
Bunge Global Beneish M-Score Related Terms
Bunge Global Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Bunge Global'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.
BUE:BNGD vs TSN, ADM, CALM: Beneish M-Score Comparison
For the Farm Products subindustry, Bunge Global'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.
Bunge Global Beneish M-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Bunge Global's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Bunge Global'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 Bunge Global 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 * 1.0125
+
0.528 * 1.382
+
0.404 * 1.3852
+
0.892 * 2.1966
+
0.115 * 1.1301
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.8367
+
4.679 * -0.004659
-
0.327 * 1.129
=
-1.06
* 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))
=
(467350.927 / (467350.927 + 6936702.351))
/
(1125818.884 / (1125818.884 + 19030115.682))
=
0.063121
/
0.055855
=
1.1301
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
=
(878682.734 - 102852.862
-
1085733.667)
/
66522908.428
=
-0.004659
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.
Bunge Global has a M-score of -1.06 signals that the company is likely to be a manipulator.
Bunge Global (BUE:BNGD) has a Beneish M-Score of -1.54 as of Jul. 13, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Bunge Global and its competitors. According to the industry distribution chart, Bunge Global ranks #1603 out of 1851 companies in the Consumer Packaged Goods industry, placing it in the top 86.6%.
Is Bunge Global's Beneish M-Score too high?
Bunge Global's current Beneish M-Score is -1.54. Based on the distribution chart, Bunge Global ranks #1603 out of 1851 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Bunge Global has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bunge Global's Beneish M-Score compare to TSN and ADM?
According to the Consumer Packaged Goods industry distribution chart, Bunge Global ranks #1603 out of 1851 companies for Beneish M-Score. This places Bunge Global 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 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 Bunge Global and its competitors. Bunge Global's current Beneish M-Score is -1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bunge Global stock overvalued right now?
Based on GuruFocus' analysis, Bunge Global (BUE:BNGD) is currently considered Fairly Valued. The stock's GF Value™ is ARS33,735.40, compared to a current price of ARS36,180.00 — trading 7.2% above its estimated fair value. The current Beneish M-Score is -1.54. Bunge Global's overall GF Score™ is 67/100 with 9 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 Bunge Global (BUE:BNGD), the current Beneish M-Score is -1.54 as of Jul. 13, 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 Bunge Global (BUE:BNGD) Overvalued in 2026?
Based on GuruFocus' analysis, Bunge Global stock appears to be overvalued.
The current stock price of ARS36,180.00 is trading 7.2% above its estimated GF Value™ of ARS33,735.40.
GuruFocus considers Bunge Global to be Fairly Valued.
Key valuation signals for BUE:BNGD:
Beneish M-Score: -1.54
GF Value™: ARS33,735.40 vs. price of ARS36,180.00 (7.2% above fair value)
No single metric tells the full story. See the BUE:BNGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bunge Global SA is an agribusiness solutions company, connecting farmers to consumers and delivering essential food, feed and fuel to the globe. The company segments include Soybean Processing and Refining; Softseed Processing and Refining; Other Oilseeds Processing and Refining; Grain Merchandising and Milling; and Corporate and Other. It generates maximum revenue from the Soybean Processing and Refining segment, which includes integrated business principally involved in the purchase, storage, transportation, processing, distribution, refining, marketing, and sale of soybeans and soybean related products, as well as biodiesel and fertilizer production and distribution. Geographically, the company operates in United States, Switzerland, Netherlands, and Rest of the World.
67GF Score
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