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 -2.56 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Brunello Cucinelli SpA's Beneish M-Score or its related term are showing as below:
CHIX:BCm'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.23 Med: -2.7 Max: -2.35
Current: -2.56
During the past 13 years, the highest Beneish M-Score of Brunello Cucinelli SpA was -2.35. The lowest was -3.23. And the median was -2.70.
Brunello Cucinelli SpA Beneish M-Score Related Terms
Brunello Cucinelli SpA Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Brunello Cucinelli SpA'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.
For the Luxury Goods subindustry, Brunello Cucinelli SpA'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.
Brunello Cucinelli SpA Beneish M-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Brunello Cucinelli SpA's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Brunello Cucinelli SpA'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 Brunello Cucinelli SpA 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 * 1.1005
+
0.528 * 1.0077
+
0.404 * 0.9476
+
0.892 * 1.1012
+
0.115 * 1.0156
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9591
+
4.679 * -0.053194
-
0.327 * 1.0175
=
-2.56
* 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))
=
(153.004 / (153.004 + 880.481))
/
(180.612 / (180.612 + 1058.442))
=
0.148047
/
0.145766
=
1.0156
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
=
(135.034 - 0
-
242.607)
/
2022.26
=
-0.053194
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.
Brunello Cucinelli SpA has a M-score of -2.56 suggests that the company is unlikely to be a manipulator.
Brunello Cucinelli SpA (CHIX:BCM) has a Beneish M-Score of -2.56 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Brunello Cucinelli SpA and its competitors. According to the industry distribution chart, Brunello Cucinelli SpA ranks #556 out of 1087 companies in the Retail - Cyclical industry, placing it in the top 51.1%.
Is Brunello Cucinelli SpA's Beneish M-Score too high?
Brunello Cucinelli SpA's current Beneish M-Score is -2.56. Based on the distribution chart, Brunello Cucinelli SpA ranks #556 out of 1087 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Brunello Cucinelli SpA has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Brunello Cucinelli SpA's Beneish M-Score compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Brunello Cucinelli SpA ranks #556 out of 1087 companies for Beneish M-Score. This places Brunello Cucinelli SpA 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 Retail - Cyclical company?
A good Beneish M-Score depends on the Retail - Cyclical 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 Brunello Cucinelli SpA and its competitors. Brunello Cucinelli SpA's current Beneish M-Score is -2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brunello Cucinelli SpA stock overvalued right now?
Based on GuruFocus' analysis, Brunello Cucinelli SpA (CHIX:BCM) is currently considered Significantly Undervalued. The stock's GF Value™ is €120.25, compared to a current price of €81.97 — trading 31.8% below its estimated fair value. The current Beneish M-Score is -2.56. Brunello Cucinelli SpA's overall GF Score™ is 88/100 with 2 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 Brunello Cucinelli SpA (CHIX:BCM), the current Beneish M-Score is -2.56 as of Jun. 25, 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 Brunello Cucinelli SpA (CHIX:BCM) Overvalued in 2026?
Based on GuruFocus' analysis, Brunello Cucinelli SpA stock appears to be undervalued.
The current stock price of €81.97 is trading 31.8% below its estimated GF Value™ of €120.25.
GuruFocus considers Brunello Cucinelli SpA to be Significantly Undervalued.
Key valuation signals for CHIX:BCM:
Beneish M-Score: -2.56
GF Value™: €120.25 vs. price of €81.97 (31.8% below fair value)
No single metric tells the full story. See the CHIX:BCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brunello Cucinelli, an Italian luxury apparel brand, keeps its entire supply chain in Italy, focusing on quality and hand-crafted design. Known for its cashmere-focused, timeless apparel, the brand appeals to luxury consumers who value enduring style over trends. Ready-to-wear clothing accounts for 85% of revenue and accessories for 15%. With a global presence, 35% of revenue comes from Europe, 37% from the Americas, and the remainder from a growing share in Asia. Women's collections contribute 50% of revenue, men's collections contribute 50%.
88GF Score
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