Avis Budget GroupCAR -6.95%71 Beneish M-Score is -2.91 as of Jun. 24, 2026. GuruFocus rates CAR with a GF Score™ of 71/100 and a GF Value™ of $131.02 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,020 Business Services companies, Avis Budget Group ranks better than 76.47% 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 -2.91 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Avis Budget Group's Beneish M-Score or its related term are showing as below:
CAR'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.36 Med: -2.92 Max: -2.21
Current: -2.91
During the past 13 years, the highest Beneish M-Score of Avis Budget Group was -2.21. The lowest was -3.36. And the median was -2.92.
Avis Budget Group Beneish M-Score Related Terms
Avis Budget Group Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Avis Budget Group'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.
CAR vs GATX, EQPT, WSC: Beneish M-Score Comparison
For the Rental & Leasing Services subindustry, Avis Budget Group'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.
Avis Budget Group Beneish M-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Avis Budget Group's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Avis Budget Group'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 Avis Budget Group 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 * 0.9731
+
0.528 * 0.951
+
0.404 * 1.1026
+
0.892 * 1.0582
+
0.115 * 1.0489
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0477
+
4.679 * -0.100252
-
0.327 * 0.993
=
-2.91
* 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))
=
(4095 / (4095 + 21074))
/
(3975 / (3975 + 21651))
=
0.1627
/
0.155116
=
1.0489
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
=
(-667 - -710
-
3111)
/
30603
=
-0.100252
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.
Avis Budget Group has a M-score of -2.91 suggests that the company is unlikely to be a manipulator.
Avis Budget Group (CAR) has a Beneish M-Score of -2.91 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Avis Budget Group and its competitors. According to the industry distribution chart, Avis Budget Group ranks #240 out of 1020 companies in the Business Services industry, placing it in the top 23.5%.
Is Avis Budget Group's Beneish M-Score too high?
Avis Budget Group's current Beneish M-Score is -2.91. Based on the distribution chart, Avis Budget Group ranks #240 out of 1020 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Avis Budget Group has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Avis Budget Group's Beneish M-Score compare to GATX and EQPT?
According to the Business Services industry distribution chart, Avis Budget Group ranks #240 out of 1020 companies for Beneish M-Score. This places Avis Budget Group in the top 24% of its industry — outperforming the majority of peers. 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 Avis Budget Group and its competitors. Avis Budget Group's current Beneish M-Score is -2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avis Budget Group stock overvalued right now?
Based on GuruFocus' analysis, Avis Budget Group (CAR) is currently considered Significantly Overvalued. The stock's GF Value™ is $131.02, compared to a current price of $177.23 — trading 35.3% above its estimated fair value. The current Beneish M-Score is -2.91. Avis Budget Group's overall GF Score™ is 71/100 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 Avis Budget Group (CAR), the current Beneish M-Score is -2.91 as of Jun. 24, 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 Avis Budget Group (CAR) Overvalued in 2026?
Based on GuruFocus' analysis, Avis Budget Group stock appears to be overvalued.
The current stock price of $177.23 is trading 35.3% above its estimated GF Value™ of $131.02.
GuruFocus considers Avis Budget Group to be Significantly Overvalued.
Key valuation signals for CAR:
Beneish M-Score: -2.91
GF Value™: $131.02 vs. price of $177.23 (35.3% above fair value)
No single metric tells the full story. See the CAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avis Budget Group Inc is a provider of mobility solutions through its three brands Avis, Budget and Zipcar, as well as several other brands, well recognized in their respective markets. Its brands offer a range of options, from car and truck rental to car sharing. The company operates in two reportable business segments: Americas - (i) vehicle rental operations in North America, South America, Central America and the Caribbean, (ii) car sharing operations in certain of these markets, and (iii) licensees in the areas in which do not operate directly. International - consisting of (i) vehicle rental operations in Europe, the Middle East, Africa, Asia and Australasia, (ii) car sharing operations in certain of these markets, and (iii) licensees in the areas in which do not operate directly.
71GF Score
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