CRUS (Cirrus Logic) Beneish M-Score: -2.92 (As of Jun. 25, 2026)


CRUS Cirrus Logic Inc CRUS
79 GF Score
Price $157.67
GF Value $116.58
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Cirrus Logic Beneish M-Score?

Cirrus Logic CRUS -0.07% 79 Beneish M-Score is -2.92 as of Jun. 25, 2026. GuruFocus rates CRUS with a GF Score™ of 79/100 and a GF Value™ of $116.58 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 987 Semiconductors companies, Cirrus Logic ranks better than 79.23% 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 -2.92 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

CRUS' s Beneish M-Score Range Over the Past 10 Years
Min: -3.04   Med: -2.75   Max: -1.08
Current: -2.92

During the past 13 years, the highest Beneish M-Score of Cirrus Logic was -1.08. The lowest was -3.04. And the median was -2.75.


Cirrus Logic Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Cirrus Logic'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.

Cirrus Logic Beneish M-Score Chart

Cirrus Logic Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.08 -2.96 -2.62 -2.45 -2.92

Cirrus Logic 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 -2.45 -2.67 -2.76 -2.86 -2.92

CRUS vs MXL, ALGM, QRVO: Beneish M-Score Comparison

For the Semiconductors subindustry, Cirrus Logic'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.


Cirrus Logic Beneish M-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Cirrus Logic's Beneish M-Score distribution charts can be found below:

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


CRUS
79GF Score
Cirrus Logic Inc CRUS
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cirrus Logic 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 Cirrus Logic 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 * 0.9675+0.528 * 0.9953+0.404 * 0.9234+0.892 * 1.0534+0.115 * 0.9148
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0049+4.679 * -0.094684-0.327 * 0.9102
=-2.92

* 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 $220 Mil.
Revenue was 448.523 + 580.624 + 560.96 + 407.272 = $1,997 Mil.
Gross Profit was 237.642 + 308.126 + 294.374 + 214.03 = $1,054 Mil.
Total Current Assets was $1,434 Mil.
Total Assets was $2,489 Mil.
Property, Plant and Equipment(Net PPE) was $265 Mil.
Depreciation, Depletion and Amortization(DDA) was $52 Mil.
Selling, General, & Admin. Expense(SGA) was $160 Mil.
Total Current Liabilities was $195 Mil.
Long-Term Debt & Capital Lease Obligation was $114 Mil.
Net Income was 81.805 + 140.31 + 131.596 + 60.697 = $414 Mil.
Non Operating Income was -0.282 + 0.246 + -0.063 + -0.388 = $-0 Mil.
Cash Flow from Operations was 151.419 + 290.834 + 92.214 + 116.131 = $651 Mil.
Total Receivables was $216 Mil.
Revenue was 424.456 + 555.738 + 541.857 + 374.026 = $1,896 Mil.
Gross Profit was 226.736 + 297.787 + 282.59 + 188.925 = $996 Mil.
Total Current Assets was $1,240 Mil.
Total Assets was $2,327 Mil.
Property, Plant and Equipment(Net PPE) was $287 Mil.
Depreciation, Depletion and Amortization(DDA) was $51 Mil.
Selling, General, & Admin. Expense(SGA) was $151 Mil.
Total Current Liabilities was $195 Mil.
Long-Term Debt & Capital Lease Obligation was $122 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)
=(220.149 / 1997.379) / (216.009 / 1896.077)
=0.110219 / 0.113924
=0.9675

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)
=(996.038 / 1896.077) / (1054.172 / 1997.379)
=0.525315 / 0.527778
=0.9953

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 - (1433.708 + 264.651) / 2489.374) / (1 - (1239.734 + 286.588) / 2327.073)
=0.317757 / 0.344102
=0.9234

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
=1997.379 / 1896.077
=1.0534

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))
=(50.951 / (50.951 + 286.588)) / (52.3 / (52.3 + 264.651))
=0.150948 / 0.16501
=0.9148

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)
=(159.839 / 1997.379) / (150.995 / 1896.077)
=0.080024 / 0.079635
=1.0049

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)
=((114.105 + 194.656) / 2489.374) / ((121.908 + 195.188) / 2327.073)
=0.124032 / 0.136264
=0.9102

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
=(414.408 - -0.487 - 650.598) / 2489.374
=-0.094684

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.

Cirrus Logic has a M-score of -2.92 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 -2.92 mean?
Cirrus Logic (CRUS) has a Beneish M-Score of -2.92 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Cirrus Logic and its competitors. According to the industry distribution chart, Cirrus Logic ranks #205 out of 987 companies in the Semiconductors industry, placing it in the top 20.8%.
Is Cirrus Logic's Beneish M-Score too high?
Cirrus Logic's current Beneish M-Score is -2.92. Based on the distribution chart, Cirrus Logic ranks #205 out of 987 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Cirrus Logic has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cirrus Logic's Beneish M-Score compare to MXL and ALGM?
According to the Semiconductors industry distribution chart, Cirrus Logic ranks #205 out of 987 companies for Beneish M-Score. This places Cirrus Logic in the top 21% 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 Semiconductors company?
A good Beneish M-Score depends on the Semiconductors 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 Cirrus Logic and its competitors. Cirrus Logic's current Beneish M-Score is -2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cirrus Logic stock overvalued right now?
Based on GuruFocus' analysis, Cirrus Logic (CRUS) is currently considered Significantly Overvalued. The stock's GF Value™ is $116.58, compared to a current price of $157.67 — trading 35.2% above its estimated fair value. The current Beneish M-Score is -2.92. Cirrus Logic's overall GF Score™ is 79/100 with 5 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 Cirrus Logic (CRUS), the current Beneish M-Score is -2.92 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 Cirrus Logic (CRUS) Overvalued in 2026?

Based on GuruFocus' analysis, Cirrus Logic stock appears to be overvalued. The current stock price of $157.67 is trading 35.2% above its estimated GF Value™ of $116.58. GuruFocus considers Cirrus Logic to be Significantly Overvalued.

Key valuation signals for CRUS:

  • Beneish M-Score: -2.92
  • GF Value™: $116.58 vs. price of $157.67 (35.2% above fair value)
  • GF Score™: 79/100 with 5 warning signs

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


Cirrus Logic Business Description

Address 800 W. 6th Street, Austin, TX, USA, 78701
Cirrus Logic Inc is a supplier of low-power, low-latency, high-precision audio components that are used in a variety of applications, including smartphones, PCs, tablets, AR/VR headsets, wearables, home theater systems, automotive entertainment systems, and professional audio systems. The firm's products are organized into two streams: audio products and HPMS Products. These products include amplifiers, codecs, smart codecs, analog-to-digital converters, digital-to-analog converters, and standalone digital signal processors, Camera controllers, haptics and sensing solutions, and battery and power ICs. Roughly half of the firm's revenue is generated in China, with the rest coming from the United States, India, South Korea, and countries across the world.
79GF Score

Get the complete analysis for CRUS

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

$157.67
Price
$116.58
GF Value