Dollar TreeDLTR +5.24%75 Beneish M-Score is -2.91 as of Jun. 24, 2026. GuruFocus rates DLTR with a GF Score™ of 75/100 and a GF Value™ of $145.91 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 293 Retail - Defensive companies, Dollar Tree ranks better than 76.45% 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 -2.91 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Dollar Tree's Beneish M-Score or its related term are showing as below:
DLTR'
s Beneish M-Score Range Over the Past 10 Years
Min: -4.48 Med: -2.75 Max: -1.38
Current: -2.91
During the past 13 years, the highest Beneish M-Score of Dollar Tree was -1.38. The lowest was -4.48. And the median was -2.75.
Dollar Tree Beneish M-Score Related Terms
Dollar Tree Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Dollar Tree'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 Discount Stores subindustry, Dollar Tree'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.
Dollar Tree Beneish M-Score vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Dollar Tree's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Dollar Tree'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 Dollar Tree 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
+
0.528 * 0.9761
+
0.404 * 0.9092
+
0.892 * 1.0941
+
0.115 * 0.9028
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0198
+
4.679 * -0.102302
-
0.327 * 0.9124
=
-2.91
* 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))
=
(559 / (559 + 8793.5))
/
(674 / (674 + 9506.3))
=
0.05977
/
0.066206
=
0.9028
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
=
(1286.4 - 5.6
-
2695)
/
13823.8
=
-0.102302
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.
Dollar Tree has a M-score of -2.91 suggests that the company is unlikely to be a manipulator.
Dollar Tree (DLTR) has a Beneish M-Score of -2.91 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Dollar Tree and its competitors. According to the industry distribution chart, Dollar Tree ranks #69 out of 293 companies in the Retail - Defensive industry, placing it in the top 23.5%.
Is Dollar Tree's Beneish M-Score too high?
Dollar Tree's current Beneish M-Score is -2.91. Based on the distribution chart, Dollar Tree ranks #69 out of 293 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Dollar Tree has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dollar Tree's Beneish M-Score compare to DG and BJ?
According to the Retail - Defensive industry distribution chart, Dollar Tree ranks #69 out of 293 companies for Beneish M-Score. This places Dollar Tree in the top 24% 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 Retail - Defensive company?
A good Beneish M-Score depends on the Retail - Defensive 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 Dollar Tree and its competitors. Dollar Tree's current Beneish M-Score is -2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dollar Tree stock overvalued right now?
Based on GuruFocus' analysis, Dollar Tree (DLTR) is currently considered Modestly Undervalued. The stock's GF Value™ is $145.91, compared to a current price of $119.35 — trading 18.2% below its estimated fair value. The current Beneish M-Score is -2.91. Dollar Tree's overall GF Score™ is 75/100 with 1 warning sign 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 Dollar Tree (DLTR), the current Beneish M-Score is -2.91 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 Dollar Tree (DLTR) Overvalued in 2026?
Based on GuruFocus' analysis, Dollar Tree stock appears to be undervalued.
The current stock price of $119.35 is trading 18.2% below its estimated GF Value™ of $145.91.
GuruFocus considers Dollar Tree to be Modestly Undervalued.
Key valuation signals for DLTR:
Beneish M-Score: -2.91
GF Value™: $145.91 vs. price of $119.35 (18.2% below fair value)
No single metric tells the full story. See the DLTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1986, Dollar Tree operates almost 9,000 small-box discount stores across the United States and Canada, offering roughly 85% of its merchandise under $2. The chain targets value-conscious suburban and urban shoppers with a mix of consumables (49% of sales), variety (45%), and seasonal goods (6%). In fiscal 2025, Dollar Tree generated over $19 billion in sales, through its multi-price strategy, higher-margin discretionary assortments, and private-label products that account for nearly one-third of sales.
75GF Score
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