Tyco International (BUE:JCI) Beneish M-Score: 0.00 (As of Jun. 26, 2026)


What is Tyco International Beneish M-Score?

Tyco International BUE:JCI Beneish M-Score is 0.00 as of Jun. 26, 2026.

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.

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

During the past 13 years, the highest Beneish M-Score of Tyco International was 0.00. The lowest was 0.00. And the median was 0.00.


Tyco International Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Tyco International'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.

Tyco International Beneish M-Score Chart

Tyco International Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.32 -1.86 -2.64 -2.13 -2.42

Tyco International Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 -2.64 -2.42 -2.42 -2.34 -2.35

BUE:JCI vs ALLE, ADT, MSA: Beneish M-Score Comparison

For the Security & Protection Services subindustry, Tyco International'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.


Tyco International Beneish M-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Tyco International's Beneish M-Score distribution charts can be found below:

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



Tyco International 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 Tyco International 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 * 1.1231+0.528 * 0.9865+0.404 * 1.0471+0.892 * 1.3931+0.115 * 1.0473
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.8488+4.679 * 0.021472-0.327 * 1.0308
=-1.88

* 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 (Jun16) TTM:Last Year (Jun15) TTM:
Total Receivables was ARS25,233 Mil.
Revenue was 34236.359 + 34041.924 + 30752.568 + 23552.762 = ARS122,584 Mil.
Gross Profit was 12791.453 + 12515.628 + 11363.954 + 8706.53 = ARS45,378 Mil.
Total Current Assets was ARS53,431 Mil.
Total Assets was ARS162,361 Mil.
Property, Plant and Equipment(Net PPE) was ARS16,496 Mil.
Depreciation, Depletion and Amortization(DDA) was ARS4,261 Mil.
Selling, General, & Admin. Expense(SGA) was ARS31,625 Mil.
Total Current Liabilities was ARS43,561 Mil.
Long-Term Debt & Capital Lease Obligation was ARS30,266 Mil.
Net Income was 3341.155 + 2132.184 + 983.668 + 620.552 = ARS7,078 Mil.
Non Operating Income was 587.149 + -438.12 + -2290.911 + -1485.563 = ARS-3,627 Mil.
Cash Flow from Operations was 2670.128 + 1810.896 + 2446.227 + 291.471 = ARS7,219 Mil.
Total Receivables was ARS16,129 Mil.
Revenue was 22616.298 + 21431.871 + 21189.378 + 22756.557 = ARS87,994 Mil.
Gross Profit was 8323.234 + 7770.156 + 7772.859 + 8267.458 = ARS32,134 Mil.
Total Current Assets was ARS37,555 Mil.
Total Assets was ARS106,494 Mil.
Property, Plant and Equipment(Net PPE) was ARS11,040 Mil.
Depreciation, Depletion and Amortization(DDA) was ARS3,023 Mil.
Selling, General, & Admin. Expense(SGA) was ARS26,744 Mil.
Total Current Liabilities was ARS31,130 Mil.
Long-Term Debt & Capital Lease Obligation was ARS15,847 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)
=(25233.413 / 122583.613) / (16128.537 / 87994.104)
=0.205847 / 0.183291
=1.1231

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)
=(32133.707 / 87994.104) / (45377.565 / 122583.613)
=0.36518 / 0.370176
=0.9865

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 - (53430.528 + 16496.081) / 162360.584) / (1 - (37554.504 + 11040.097) / 106493.78)
=0.569313 / 0.543686
=1.0471

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
=122583.613 / 87994.104
=1.3931

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))
=(3023.135 / (3023.135 + 11040.097)) / (4260.519 / (4260.519 + 16496.081))
=0.214967 / 0.205261
=1.0473

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)
=(31625.117 / 122583.613) / (26743.939 / 87994.104)
=0.257988 / 0.303929
=0.8488

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)
=((30266.115 + 43560.839) / 162360.584) / ((15846.856 + 31130.349) / 106493.78)
=0.45471 / 0.441126
=1.0308

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
=(7077.559 - -3627.445 - 7218.722) / 162360.584
=0.021472

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.

Tyco International has a M-score of -1.88 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 0.00 mean?
Tyco International (BUE:JCI) has a Beneish M-Score of 0.00 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Tyco International and its competitors.
Is Tyco International's Beneish M-Score too high?
Tyco International's current Beneish M-Score is 0.00.
How does Tyco International's Beneish M-Score compare to ALLE and ADT?
Tyco International's Beneish M-Score of 0.00 can be compared against companies in the Business Services 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 Business Services company?
A good Beneish M-Score depends on the Business 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 Tyco International and its competitors. Tyco International's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tyco International stock overvalued right now?
Tyco International (BUE:JCI) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. 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 Tyco International (BUE:JCI), the current Beneish M-Score is 0.00 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.

Tyco International Business Description

Address Unit 1202 Building 1000 City Gate, Mahon, Cork, IRL, 8212
Tyco International PLC is a provider of security products and services, fire detection and suppression products and services, and life safety products. Brand names include Tyco, Tyco Integrated Security, SimplexGrinnell, Sensormatic, Wormald, Scott, and ADT (outside North American markets). The revenue breakdown is 37% North America installation and services, 38% rest of world installation and services, and 25% global products. Tyco completed its spin-off of ADT and the flow control business in September 2012, five years after its prior three-way split.