CHKP (Check Point Software Technologies) Beneish M-Score: -2.67 (As of Jun. 24, 2026)


CHKP Check Point Software Technologies Ltd CHKP
82 GF Score
Price $124.83
GF Value $204.49
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Check Point Software Technologies Beneish M-Score?

Check Point Software Technologies CHKP +0.94% 82 Beneish M-Score is -2.67 as of Jun. 24, 2026. GuruFocus rates CHKP with a GF Score™ of 82/100 and a GF Value™ of $204.49 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,633 Software companies, Check Point Software Technologies ranks better than 59.36% 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 -2.67 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Check Point Software Technologies's Beneish M-Score or its related term are showing as below:

CHKP' s Beneish M-Score Range Over the Past 10 Years
Min: -2.9   Med: -2.71   Max: -2.51
Current: -2.67

During the past 13 years, the highest Beneish M-Score of Check Point Software Technologies was -2.51. The lowest was -2.90. And the median was -2.71.


Check Point Software Technologies Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Check Point Software Technologies'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.

Check Point Software Technologies Beneish M-Score Chart

Check Point Software Technologies 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 -2.74 -2.71 -2.67 -2.58 -2.76

Check Point Software Technologies 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 -2.67 -2.71 -2.51 -2.76 -2.67

CHKP vs NTNX, TOST, GEN: Beneish M-Score Comparison

For the Software - Infrastructure subindustry, Check Point Software Technologies'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.


Check Point Software Technologies Beneish M-Score vs Software Industry

For the Software industry and Technology sector, Check Point Software Technologies's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Check Point Software Technologies's Beneish M-Score falls into.


CHKP
82GF Score
Check Point Software Technologies Ltd CHKP
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Check Point Software Technologies 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 Check Point Software Technologies 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 * 0.9694+0.528 * 1.0099+0.404 * 0.8225+0.892 * 1.0584+0.115 * 2.2089
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.039+4.679 * -0.021806-0.327 * 1.5487
=-2.67

* 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 $410 Mil.
Revenue was 668.4 + 744.9 + 677.5 + 665.2 = $2,756 Mil.
Gross Profit was 570.7 + 646.9 + 589 + 574 = $2,381 Mil.
Total Current Assets was $3,357 Mil.
Total Assets was $7,613 Mil.
Property, Plant and Equipment(Net PPE) was $291 Mil.
Depreciation, Depletion and Amortization(DDA) was $88 Mil.
Selling, General, & Admin. Expense(SGA) was $1,095 Mil.
Total Current Liabilities was $1,812 Mil.
Long-Term Debt & Capital Lease Obligation was $1,974 Mil.
Net Income was 191.6 + 304.5 + 358.7 + 202.8 = $1,058 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = $0 Mil.
Cash Flow from Operations was 445.3 + 284.5 + 231.7 + 262.1 = $1,224 Mil.
Total Receivables was $400 Mil.
Revenue was 637.8 + 703.7 + 635.1 + 627.4 = $2,604 Mil.
Gross Profit was 553.7 + 613.4 + 555.2 + 549.2 = $2,272 Mil.
Total Current Assets was $1,956 Mil.
Total Assets was $5,558 Mil.
Property, Plant and Equipment(Net PPE) was $83 Mil.
Depreciation, Depletion and Amortization(DDA) was $87 Mil.
Selling, General, & Admin. Expense(SGA) was $996 Mil.
Total Current Liabilities was $1,785 Mil.
Long-Term Debt & Capital Lease Obligation was $0 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)
=(410.1 / 2756) / (399.7 / 2604)
=0.148803 / 0.153495
=0.9694

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)
=(2271.5 / 2604) / (2380.6 / 2756)
=0.872312 / 0.863788
=1.0099

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 - (3357.3 + 291.4) / 7612.5) / (1 - (1956.4 + 83) / 5557.9)
=0.520696 / 0.633063
=0.8225

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
=2756 / 2604
=1.0584

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))
=(87.2 / (87.2 + 83)) / (88 / (88 + 291.4))
=0.512338 / 0.231945
=2.2089

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)
=(1095.4 / 2756) / (996.1 / 2604)
=0.39746 / 0.382527
=1.039

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)
=((1973.5 + 1812.1) / 7612.5) / ((0 + 1784.6) / 5557.9)
=0.497287 / 0.321092
=1.5487

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
=(1057.6 - 0 - 1223.6) / 7612.5
=-0.021806

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.

Check Point Software Technologies has a M-score of -2.67 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 -2.67 mean?
Check Point Software Technologies (CHKP) has a Beneish M-Score of -2.67 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Check Point Software Technologies and its competitors. According to the industry distribution chart, Check Point Software Technologies ranks #1070 out of 2633 companies in the Software industry, placing it in the top 40.6%.
Is Check Point Software Technologies' Beneish M-Score too high?
Check Point Software Technologies' current Beneish M-Score is -2.67. Based on the distribution chart, Check Point Software Technologies ranks #1070 out of 2633 companies in the Software industry, which is above the industry midpoint. Overall, Check Point Software Technologies has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Check Point Software Technologies' Beneish M-Score compare to NTNX and TOST?
According to the Software industry distribution chart, Check Point Software Technologies ranks #1070 out of 2633 companies for Beneish M-Score. This puts Check Point Software Technologies 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 Software company?
A good Beneish M-Score depends on the Software 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 Check Point Software Technologies and its competitors. Check Point Software Technologies's current Beneish M-Score is -2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Check Point Software Technologies stock overvalued right now?
Based on GuruFocus' analysis, Check Point Software Technologies (CHKP) is currently considered Significantly Undervalued. The stock's GF Value™ is $204.49, compared to a current price of $124.83 — trading 39% below its estimated fair value. The current Beneish M-Score is -2.67. Check Point Software Technologies' overall GF Score™ is 82/100 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 Check Point Software Technologies (CHKP), the current Beneish M-Score is -2.67 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 Check Point Software Technologies (CHKP) Overvalued in 2026?

Based on GuruFocus' analysis, Check Point Software Technologies stock appears to be undervalued. The current stock price of $124.83 is trading 39% below its estimated GF Value™ of $204.49. GuruFocus considers Check Point Software Technologies to be Significantly Undervalued.

Key valuation signals for CHKP:

  • Beneish M-Score: -2.67
  • GF Value™: $204.49 vs. price of $124.83 (39% below fair value)
  • GF Score™: 82/100 with 3 warning signs

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


Check Point Software Technologies Business Description

Address 5 Shlomo Kaplan Street, Tel Aviv, ISR, 6789159
Check Point Software Technologies is a pure-play cybersecurity vendor. The company offers solutions for network, endpoint, cloud, and mobile security in addition to security management. Check Point, a software specialist, sells to enterprises, businesses, and consumers. Around 50% of revenue is generated in Europe, the Middle East, and Africa, 40% from the Americas, and 10% from the Asia-Pacific region. The firm, based in Tel Aviv, Israel, was founded in 1993 and has about 5,000 employees.
82GF Score

Get the complete analysis for CHKP

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

$124.83
Price
$204.49
GF Value