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 -2.68 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Verizon Communications's Beneish M-Score or its related term are showing as below:
CHIX:BACd'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.93 Med: -2.68 Max: -1.96
Current: -2.68
During the past 13 years, the highest Beneish M-Score of Verizon Communications was -1.96. The lowest was -2.93. And the median was -2.68.
Verizon Communications Beneish M-Score Related Terms
Verizon Communications Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Verizon Communications'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.
CHIX:BACD vs TMUS, T, CMCSA: Beneish M-Score Comparison
For the Telecom Services subindustry, Verizon Communications'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.
Verizon Communications Beneish M-Score vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Verizon Communications's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Verizon Communications'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 Verizon Communications 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 * 1.0108
+
0.528 * 1.0184
+
0.404 * 0.9658
+
0.892 * 0.9526
+
0.115 * 1.0896
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9659
+
4.679 * -0.047573
-
0.327 * 1.0518
=
-2.74
* 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))
=
(16718.32 / (16718.32 + 122190.65))
/
(16043.887 / (16043.887 + 129207.645))
=
0.120355
/
0.110456
=
1.0896
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
=
(14918.994 - 45.768
-
32069.473)
/
361467.93
=
-0.047573
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.
Verizon Communications has a M-score of -2.74 suggests that the company is unlikely to be a manipulator.
Verizon Communications (CHIX:BACD) has a Beneish M-Score of -2.68 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Verizon Communications and its competitors. According to the industry distribution chart, Verizon Communications ranks #219 out of 355 companies in the Telecommunication Services industry, placing it in the top 61.7%.
Is Verizon Communications' Beneish M-Score too high?
Verizon Communications' current Beneish M-Score is -2.68. Based on the distribution chart, Verizon Communications ranks #219 out of 355 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Verizon Communications has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Verizon Communications' Beneish M-Score compare to TMUS and T?
According to the Telecommunication Services industry distribution chart, Verizon Communications ranks #219 out of 355 companies for Beneish M-Score. This places Verizon Communications 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 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 Verizon Communications and its competitors. Verizon Communications's current Beneish M-Score is -2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verizon Communications stock overvalued right now?
Based on GuruFocus' analysis, Verizon Communications (CHIX:BACD) is currently considered Fairly Valued. The stock's GF Value™ is €37.01, compared to a current price of €40.70 — trading 10% above its estimated fair value. The current Beneish M-Score is -2.68. Verizon Communications' overall GF Score™ is 49/100 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 Verizon Communications (CHIX:BACD), the current Beneish M-Score is -2.68 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 Verizon Communications (CHIX:BACD) Overvalued in 2026?
Based on GuruFocus' analysis, Verizon Communications stock appears to be overvalued.
The current stock price of €40.70 is trading 10% above its estimated GF Value™ of €37.01.
GuruFocus considers Verizon Communications to be Fairly Valued.
Key valuation signals for CHIX:BACD:
Beneish M-Score: -2.68
GF Value™: €37.01 vs. price of €40.70 (10% above fair value)
No single metric tells the full story. See the CHIX:BACD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wireless services account for 75% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 94 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast that reach about 30 million homes and businesses, including about 20 million served by the Fios fiber-optic network. Verizon closed its acquisition of Frontier Communications in January, adding networks that reach another 15 million locations, including 9 million with fiber. These networks serve about 11 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, using a mix of its own and other networks.
49GF Score
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