Colgate-Palmolive Co (BUE:CL) Beneish M-Score: -2.81 (As of Jun. 26, 2026)


BUE:CL Colgate-Palmolive Co BUE:CL
71 GF Score
Price ARS46,940.00
GF Value ARS48,336.96
Valuation Fairly Valued
! 3 Warning Signs
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What is Colgate-Palmolive Co Beneish M-Score?

Colgate-Palmolive Co BUE:CL -1.35% 71 Beneish M-Score is -2.81 as of Jun. 26, 2026. GuruFocus rates BUE:CL with a GF Score™ of 71/100 and a GF Value™ of ARS48,336.96 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,849 Consumer Packaged Goods companies, Colgate-Palmolive Co ranks better than 73.93% 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 -2.81 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

BUE:CL' s Beneish M-Score Range Over the Past 10 Years
Min: -3.21   Med: -2.7   Max: -2.36
Current: -2.81

During the past 13 years, the highest Beneish M-Score of Colgate-Palmolive Co was -2.36. The lowest was -3.21. And the median was -2.70.


Colgate-Palmolive Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Colgate-Palmolive Co'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.

Colgate-Palmolive Co Beneish M-Score Chart

Colgate-Palmolive Co 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 -2.62 -2.36 -2.72 -2.88 -2.73

Colgate-Palmolive Co 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 -2.81 -2.72 -2.66 -2.73 -2.81

BUE:CL vs KVUE, KMB, EL: Beneish M-Score Comparison

For the Household & Personal Products subindustry, Colgate-Palmolive Co'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.


Colgate-Palmolive Co Beneish M-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Colgate-Palmolive Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Colgate-Palmolive Co's Beneish M-Score falls into.


BUE:CL
71GF Score
Colgate-Palmolive Co BUE:CL
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Colgate-Palmolive Co 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 Colgate-Palmolive Co 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+0.528 * 1.0106+0.404 * 0.9224+0.892 * 1.4363+0.115 * 0.9459
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0057+4.679 * -0.079074-0.327 * 1.035
=-2.51

* 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was ARS2,641,285 Mil.
Revenue was 7444256.862 + 7591287.408 + 6967961.636 + 6066761.685 = ARS28,070,268 Mil.
Gross Profit was 4510738.662 + 4566384.357 + 4140579.814 + 3643618.711 = ARS16,861,322 Mil.
Total Current Assets was ARS8,504,127 Mil.
Total Assets was ARS23,224,851 Mil.
Property, Plant and Equipment(Net PPE) was ARS6,462,689 Mil.
Depreciation, Depletion and Amortization(DDA) was ARS863,072 Mil.
Selling, General, & Admin. Expense(SGA) was ARS10,914,520 Mil.
Total Current Liabilities was ARS8,297,186 Mil.
Long-Term Debt & Capital Lease Obligation was ARS11,097,871 Mil.
Net Income was 903266.328 + -53705.093 + 998139.116 + 882114.272 = ARS2,729,815 Mil.
Non Operating Income was -36354.372 + -1256989.464 + -28518.26 + -27306.364 = ARS-1,349,168 Mil.
Cash Flow from Operations was 1044489.083 + 2109013.5 + 1712453.639 + 1049514.154 = ARS5,915,470 Mil.
Total Receivables was ARS1,838,914 Mil.
Revenue was 5235307.399 + 4994450.05 + 4783866.29 + 4529438.935 = ARS19,543,063 Mil.
Gross Profit was 3184252.332 + 3011820.03 + 2921836.872 + 2745602.961 = ARS11,863,512 Mil.
Total Current Assets was ARS6,197,939 Mil.
Total Assets was ARS17,746,317 Mil.
Property, Plant and Equipment(Net PPE) was ARS4,707,619 Mil.
Depreciation, Depletion and Amortization(DDA) was ARS590,422 Mil.
Selling, General, & Admin. Expense(SGA) was ARS7,555,712 Mil.
Total Current Liabilities was ARS7,314,079 Mil.
Long-Term Debt & Capital Lease Obligation was ARS7,004,929 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)
=(2641284.976 / 28070267.591) / (1838913.717 / 19543062.674)
=0.094095 / 0.094095
=1

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)
=(11863512.195 / 19543062.674) / (16861321.544 / 28070267.591)
=0.607045 / 0.600683
=1.0106

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 - (8504126.641 + 6462688.809) / 23224850.954) / (1 - (6197938.754 + 4707619.115) / 17746316.896)
=0.355569 / 0.385475
=0.9224

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
=28070267.591 / 19543062.674
=1.4363

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))
=(590421.96 / (590421.96 + 4707619.115)) / (863072.003 / (863072.003 + 6462688.809))
=0.111442 / 0.117813
=0.9459

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)
=(10914520.243 / 28070267.591) / (7555712.018 / 19543062.674)
=0.388829 / 0.386619
=1.0057

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)
=((11097871.284 + 8297186.367) / 23224850.954) / ((7004928.715 + 7314079.427) / 17746316.896)
=0.835099 / 0.806872
=1.035

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
=(2729814.623 - -1349168.46 - 5915470.376) / 23224850.954
=-0.079074

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.

Colgate-Palmolive Co has a M-score of -2.51 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 -2.81 mean?
Colgate-Palmolive Co (BUE:CL) has a Beneish M-Score of -2.81 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Colgate-Palmolive Co and its competitors. According to the industry distribution chart, Colgate-Palmolive Co ranks #482 out of 1849 companies in the Consumer Packaged Goods industry, placing it in the top 26.1%.
Is Colgate-Palmolive Co's Beneish M-Score too high?
Colgate-Palmolive Co's current Beneish M-Score is -2.81. Based on the distribution chart, Colgate-Palmolive Co ranks #482 out of 1849 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Colgate-Palmolive Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Colgate-Palmolive Co's Beneish M-Score compare to KVUE and KMB?
According to the Consumer Packaged Goods industry distribution chart, Colgate-Palmolive Co ranks #482 out of 1849 companies for Beneish M-Score. This puts Colgate-Palmolive Co 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 Colgate-Palmolive Co and its competitors. Colgate-Palmolive Co's current Beneish M-Score is -2.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Colgate-Palmolive Co stock overvalued right now?
Based on GuruFocus' analysis, Colgate-Palmolive Co (BUE:CL) is currently considered Fairly Valued. The stock's GF Value™ is ARS48,336.96, compared to a current price of ARS46,940.00 — trading 2.9% below its estimated fair value. The current Beneish M-Score is -2.81. Colgate-Palmolive Co's overall GF Score™ is 71/100 with 3 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 Colgate-Palmolive Co (BUE:CL), the current Beneish M-Score is -2.81 as of Jun. 26, 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 Colgate-Palmolive Co (BUE:CL) Overvalued in 2026?

Based on GuruFocus' analysis, Colgate-Palmolive Co stock appears to be undervalued. The current stock price of ARS46,940.00 is trading 2.9% below its estimated GF Value™ of ARS48,336.96. GuruFocus considers Colgate-Palmolive Co to be Fairly Valued.

Key valuation signals for BUE:CL:

  • Beneish M-Score: -2.81
  • GF Value™: ARS48,336.96 vs. price of ARS46,940.00 (2.9% below fair value)
  • GF Score™: 71/100 with 3 warning signs

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


Colgate-Palmolive Co Business Description

Address 300 Park Avenue, New York, NY, USA, 10022
Since its founding in 1806, Colgate-Palmolive has grown into a leading player in the household and personal care industry. In addition to its namesake oral care line (which accounts for more than 40% of its total sales), the firm manufactures shampoos, shower gels, deodorants, and home care products sold in over 200 countries. International sales account for about 70% of its total business, including nearly half from emerging regions. It also owns specialty pet food maker Hill's (almost one-fourth of sales), which sells the majority of its products through veterinarians and specialty pet retailers.
71GF Score

Get the complete analysis for BUE:CL

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

ARS46,940.00
Price
ARS48,336.96
GF Value