CoreCivicCXW +0.54%69 Beneish M-Score is -2.10 as of Jun. 24, 2026. GuruFocus rates CXW with a GF Score™ of 69/100 and a GF Value™ of $21.75 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,020 Business Services companies, CoreCivic ranks worse than 77.45% 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 -2.1 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for CoreCivic's Beneish M-Score or its related term are showing as below:
CXW'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.15 Med: -2.67 Max: -1.57
Current: -2.1
During the past 13 years, the highest Beneish M-Score of CoreCivic was -1.57. The lowest was -3.15. And the median was -2.67.
CoreCivic Beneish M-Score Related Terms
CoreCivic Beneish M-Score Historical Data
* Premium members only.
The historical data trend for CoreCivic'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.
CXW vs NSSC, EVLV, GEO: Beneish M-Score Comparison
For the Security & Protection Services subindustry, CoreCivic'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.
CoreCivic Beneish M-Score vs Business Services Industry
For the Business Services industry and Industrials sector, CoreCivic's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where CoreCivic'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 CoreCivic 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 * 1.4188
+
0.528 * 0.9986
+
0.404 * 0.8421
+
0.892 * 1.1989
+
0.115 * 0.9934
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.975
+
4.679 * -0.010047
-
0.327 * 1.2155
=
-2.10
* 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))
=
(126.799 / (126.799 + 2057.518))
/
(131.722 / (131.722 + 2122.43))
=
0.05805
/
0.058435
=
0.9934
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
=
(129.306 - -0.737
-
163.881)
/
3367.995
=
-0.010047
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.
CoreCivic has a M-score of -2.10 suggests that the company is unlikely to be a manipulator.
CoreCivic (CXW) has a Beneish M-Score of -2.10 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on CoreCivic and its competitors. According to the industry distribution chart, CoreCivic ranks #790 out of 1020 companies in the Business Services industry, placing it in the top 77.5%.
Is CoreCivic's Beneish M-Score too high?
CoreCivic's current Beneish M-Score is -2.10. Based on the distribution chart, CoreCivic ranks #790 out of 1020 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, CoreCivic has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CoreCivic's Beneish M-Score compare to NSSC and EVLV?
According to the Business Services industry distribution chart, CoreCivic ranks #790 out of 1020 companies for Beneish M-Score. This places CoreCivic 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 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 CoreCivic and its competitors. CoreCivic's current Beneish M-Score is -2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CoreCivic stock overvalued right now?
Based on GuruFocus' analysis, CoreCivic (CXW) is currently considered Significantly Overvalued. The stock's GF Value™ is $21.75, compared to a current price of $29.89 — trading 37.4% above its estimated fair value. The current Beneish M-Score is -2.10. CoreCivic's overall GF Score™ is 69/100 with 8 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 CoreCivic (CXW), the current Beneish M-Score is -2.10 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 CoreCivic (CXW) Overvalued in 2026?
Based on GuruFocus' analysis, CoreCivic stock appears to be overvalued.
The current stock price of $29.89 is trading 37.4% above its estimated GF Value™ of $21.75.
GuruFocus considers CoreCivic to be Significantly Overvalued.
Key valuation signals for CXW:
Beneish M-Score: -2.10
GF Value™: $21.75 vs. price of $29.89 (37.4% above fair value)
No single metric tells the full story. See the CXW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CoreCivic Inc is an owner and operator of private prisons and detention centers in the United States. It operates in three segments: Safety, Community, and Properties. The Community segment owns and operates residential reentry centers. The Properties segment owns properties for lease to third parties and government agencies. The vast majority of the company's revenue comes from the CoreCivic Safety segment which consists of correctional and detention facilities that are owned, or controlled via a long-term lease, and managed by the company, as well as those correctional and detention facilities owned by third parties but managed by CoreCivic.
69GF Score
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