Weatherford International (FRA:0WE) Beneish M-Score: -2.63 (As of Jun. 26, 2026)


FRA:0WE Weatherford International PLC FRA:0WE
72 GF Score
Price €73.60
GF Value €72.68
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Weatherford International Beneish M-Score?

Weatherford International FRA:0WE -3.84% 72 Beneish M-Score is -2.63 as of Jun. 26, 2026. GuruFocus rates FRA:0WE with a GF Score™ of 72/100 and a GF Value™ of €72.68 (Fairly Valued). The stock has 2 warning signs investors should review. Among 822 Oil & Gas companies, Weatherford International ranks worse than 53.04% 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 -2.63 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

FRA:0WE' s Beneish M-Score Range Over the Past 10 Years
Min: -3.5   Med: -2.78   Max: -1.85
Current: -2.63

During the past 13 years, the highest Beneish M-Score of Weatherford International was -1.85. The lowest was -3.50. And the median was -2.78.


Weatherford International Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Weatherford International'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.

Weatherford International Beneish M-Score Chart

Weatherford International 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 -3.10 -2.61 -2.51 -2.91 -2.61

Weatherford International 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 -3.03 -3.06 -2.73 -2.61 -2.63

FRA:0WE vs NOV, KGS, AROC: Beneish M-Score Comparison

For the Oil & Gas Equipment & Services subindustry, Weatherford International'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.


Weatherford International Beneish M-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Weatherford International's Beneish M-Score distribution charts can be found below:

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


FRA:0WE
72GF Score
Weatherford International PLC FRA:0WE
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Weatherford International 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 Weatherford International 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 * 1.0981+0.528 * 1.0294+0.404 * 0.9904+0.892 * 0.8451+0.115 * 1.1547
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9861+4.679 * -0.044159-0.327 * 0.906
=-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 €1,009 Mil.
Revenue was 996.48 + 1100.806 + 1049.664 + 1043.868 = €4,191 Mil.
Gross Profit was 294.1 + 1100.806 + 1049.664 + 325.125 = €2,770 Mil.
Total Current Assets was €2,833 Mil.
Total Assets was €4,399 Mil.
Property, Plant and Equipment(Net PPE) was €1,080 Mil.
Depreciation, Depletion and Amortization(DDA) was €236 Mil.
Selling, General, & Admin. Expense(SGA) was €577 Mil.
Total Current Liabilities was €1,227 Mil.
Long-Term Debt & Capital Lease Obligation was €1,342 Mil.
Net Income was 93.42 + 117.852 + 69.012 + 117.912 = €398 Mil.
Non Operating Income was -12.11 + 0 + 0 + 29.478 = €17 Mil.
Cash Flow from Operations was 117.64 + 228.872 + 117.576 + 110.976 = €575 Mil.
Total Receivables was €1,087 Mil.
Revenue was 1103.525 + 1280.655 + 1269.509 + 1305.245 = €4,959 Mil.
Gross Profit was 345.95 + 1280.655 + 1269.509 + 477.506 = €3,374 Mil.
Total Current Assets was €3,019 Mil.
Total Assets was €4,675 Mil.
Property, Plant and Equipment(Net PPE) was €1,135 Mil.
Depreciation, Depletion and Amortization(DDA) was €297 Mil.
Selling, General, & Admin. Expense(SGA) was €692 Mil.
Total Current Liabilities was €1,449 Mil.
Long-Term Debt & Capital Lease Obligation was €1,564 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)
=(1008.59 / 4190.818) / (1086.875 / 4958.934)
=0.240667 / 0.219175
=1.0981

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)
=(3373.62 / 4958.934) / (2769.695 / 4190.818)
=0.680312 / 0.660896
=1.0294

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 - (2832.875 + 1080.385) / 4398.525) / (1 - (3019.2 + 1134.975) / 4674.95)
=0.110324 / 0.111397
=0.9904

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
=4190.818 / 4958.934
=0.8451

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))
=(296.698 / (296.698 + 1134.975)) / (236.318 / (236.318 + 1080.385))
=0.207239 / 0.179477
=1.1547

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)
=(576.676 / 4190.818) / (691.977 / 4958.934)
=0.137605 / 0.139541
=0.9861

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)
=((1342.48 + 1226.57) / 4398.525) / ((1564.175 + 1449.475) / 4674.95)
=0.584071 / 0.644638
=0.906

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
=(398.196 - 17.368 - 575.064) / 4398.525
=-0.044159

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.

Weatherford International 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 -2.63 mean?
Weatherford International (FRA:0WE) has a Beneish M-Score of -2.63 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Weatherford International and its competitors. According to the industry distribution chart, Weatherford International ranks #436 out of 822 companies in the Oil & Gas industry, placing it in the top 53%.
Is Weatherford International's Beneish M-Score too high?
Weatherford International's current Beneish M-Score is -2.63. Based on the distribution chart, Weatherford International ranks #436 out of 822 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Weatherford International has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Weatherford International's Beneish M-Score compare to NOV and KGS?
According to the Oil & Gas industry distribution chart, Weatherford International ranks #436 out of 822 companies for Beneish M-Score. This places Weatherford International 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 an Oil & Gas company?
A good Beneish M-Score depends on the Oil & Gas 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 Weatherford International and its competitors. Weatherford International's current Beneish M-Score is -2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Weatherford International stock overvalued right now?
Based on GuruFocus' analysis, Weatherford International (FRA:0WE) is currently considered Fairly Valued. The stock's GF Value™ is €72.68, compared to a current price of €73.60 — trading 1.3% above its estimated fair value. The current Beneish M-Score is -2.63. Weatherford International's overall GF Score™ is 72/100 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 Weatherford International (FRA:0WE), the current Beneish M-Score is -2.63 as of Jun. 26, 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 Weatherford International (FRA:0WE) Overvalued in 2026?

Based on GuruFocus' analysis, Weatherford International stock appears to be overvalued. The current stock price of €73.60 is trading 1.3% above its estimated GF Value™ of €72.68. GuruFocus considers Weatherford International to be Fairly Valued.

Key valuation signals for FRA:0WE:

  • Beneish M-Score: -2.63
  • GF Value™: €72.68 vs. price of €73.60 (1.3% above fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the FRA:0WE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Weatherford International Business Description

Industry EnergyOil & Gas
Address 2000 Street James Place, Houston, TX, USA, 77056
Weatherford provides oilfield services and equipment to national, integrated, public, and private oil and gas operators. It operates across multiple upstream markets, including offshore, the rest of the world onshore, and US onshore, where Weatherford has limited exposure. The Middle East, North Africa, and Asia account for over 25% of sales. Weatherford also offers manufacturing, research, and training services. Performance is reported through three segments: drilling and evaluation, well construction and completions, and production and intervention.
72GF Score

Get the complete analysis for FRA:0WE

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

€73.60
Price
€72.68
GF Value