BrightView Holdings (FRA:7BV) Beneish M-Score: -2.62 (As of Aug. 20, 2026)

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FRA:7BV BrightView Holdings Inc FRA:7BV
74 GF Score
Price €9.85
GF Value €11.56
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is BrightView Holdings Beneish M-Score?

BrightView Holdings FRA:7BV +2.07% 74 Beneish M-Score is -2.62 as of Aug. 20, 2026. GuruFocus rates FRA:7BV with a GF Score™ of 74/100 and a GF Value™ of €11.56 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,017 Business Services companies, BrightView Holdings ranks better than 55.16% 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 -2.62 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

FRA:7BV' s Beneish M-Score Range Over the Past 10 Years
Min: -3.01   Med: -2.63   Max: -2.38
Current: -2.62

During the past 11 years, the highest Beneish M-Score of BrightView Holdings was -2.38. The lowest was -3.01. And the median was -2.63.


BrightView Holdings Beneish M-Score Historical Data

* Premium members only.

The historical data trend for BrightView Holdings'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.

BrightView Holdings Beneish M-Score Chart

BrightView Holdings Annual Data
Trend Dec16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.45 -2.52 -2.48 -2.75 -2.86

BrightView Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -2.85 -2.86 -2.80 -2.62 0.00

FRA:7BV vs LZ, RHLD, TIC: Beneish M-Score Comparison

For the Specialty Business Services subindustry, BrightView Holdings'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.


BrightView Holdings Beneish M-Score vs Business Services Industry

For the Business Services industry and Industrials sector, BrightView Holdings's Beneish M-Score distribution charts can be found below:

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


FRA:7BV
74GF Score
BrightView Holdings Inc FRA:7BV
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BrightView Holdings 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 BrightView Holdings 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 * 1.0586+0.528 * 1.0951+0.404 * 0.979+0.892 * 0.9588+0.115 * 1.0174
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9718+4.679 * -0.053332-0.327 * 1.0209
=-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 (Jun26) TTM:Last Year (Jun25) TTM:
Total Receivables was €445 Mil.
Revenue was 622.877 + 608.008 + 524.954 + 598.786 = €2,355 Mil.
Gross Profit was 131.849 + 119.11 + 97.612 + 150.378 = €499 Mil.
Total Current Assets was €529 Mil.
Total Assets was €2,962 Mil.
Property, Plant and Equipment(Net PPE) was €598 Mil.
Depreciation, Depletion and Amortization(DDA) was €173 Mil.
Selling, General, & Admin. Expense(SGA) was €396 Mil.
Total Current Liabilities was €414 Mil.
Long-Term Debt & Capital Lease Obligation was €808 Mil.
Net Income was 5.295 + 1.47 + -12.981 + 23.6 = €17 Mil.
Non Operating Income was -7.812 + -0.086 + 0.171 + 0.426 = €-7 Mil.
Cash Flow from Operations was 39.928 + 39.963 + 30.829 + 71.909 = €183 Mil.
Total Receivables was €438 Mil.
Revenue was 614.096 + 612.905 + 572.236 + 656.559 = €2,456 Mil.
Gross Profit was 148.17 + 136.437 + 121.094 + 164.162 = €570 Mil.
Total Current Assets was €577 Mil.
Total Assets was €2,911 Mil.
Property, Plant and Equipment(Net PPE) was €492 Mil.
Depreciation, Depletion and Amortization(DDA) was €146 Mil.
Selling, General, & Admin. Expense(SGA) was €425 Mil.
Total Current Liabilities was €442 Mil.
Long-Term Debt & Capital Lease Obligation was €734 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)
=(444.503 / 2354.625) / (437.922 / 2455.796)
=0.188779 / 0.178322
=1.0586

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)
=(569.863 / 2455.796) / (498.949 / 2354.625)
=0.232048 / 0.211902
=1.0951

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 - (529.306 + 597.705) / 2961.529) / (1 - (576.815 + 492.196) / 2910.692)
=0.61945 / 0.63273
=0.979

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
=2354.625 / 2455.796
=0.9588

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))
=(146.062 / (146.062 + 492.196)) / (173.461 / (173.461 + 597.705))
=0.228845 / 0.224933
=1.0174

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)
=(395.75 / 2354.625) / (424.721 / 2455.796)
=0.168073 / 0.172946
=0.9718

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)
=((807.5 + 413.515) / 2961.529) / ((733.915 + 441.563) / 2910.692)
=0.412292 / 0.403848
=1.0209

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
=(17.384 - -7.301 - 182.629) / 2961.529
=-0.053332

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.

BrightView Holdings 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 -2.62 mean?
BrightView Holdings (FRA:7BV) has a Beneish M-Score of -2.62 as of Aug. 20, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on BrightView Holdings and its competitors. According to the industry distribution chart, BrightView Holdings ranks #456 out of 1017 companies in the Business Services industry, placing it in the top 44.8%.
Is BrightView Holdings' Beneish M-Score too high?
BrightView Holdings' current Beneish M-Score is -2.62. Based on the distribution chart, BrightView Holdings ranks #456 out of 1017 companies in the Business Services industry, which is above the industry midpoint. Overall, BrightView Holdings has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BrightView Holdings' Beneish M-Score compare to LZ and RHLD?
According to the Business Services industry distribution chart, BrightView Holdings ranks #456 out of 1017 companies for Beneish M-Score. This puts BrightView Holdings 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 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 BrightView Holdings and its competitors. BrightView Holdings's current Beneish M-Score is -2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BrightView Holdings stock overvalued right now?
Based on GuruFocus' analysis, BrightView Holdings (FRA:7BV) is currently considered Modestly Undervalued. The stock's GF Value™ is €11.56, compared to a current price of €9.85 — trading 14.8% below its estimated fair value. The current Beneish M-Score is -2.62. BrightView Holdings' overall GF Score™ is 74/100 with 4 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 BrightView Holdings (FRA:7BV), the current Beneish M-Score is -2.62 as of Aug. 20, 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 BrightView Holdings (FRA:7BV) Overvalued in 2026?

Based on GuruFocus' analysis, BrightView Holdings stock appears to be undervalued. The current stock price of €9.85 is trading 14.8% below its estimated GF Value™ of €11.56. GuruFocus considers BrightView Holdings to be Modestly Undervalued.

Key valuation signals for FRA:7BV:

  • Beneish M-Score: -2.62
  • GF Value™: €11.56 vs. price of €9.85 (14.8% below fair value)
  • GF Score™: 74/100 with 4 warning signs

No single metric tells the full story. See the FRA:7BV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BrightView Holdings Business Description

Other Exchanges BV:USA
Address 980 Jolly Road, Blue Bell, PA, USA, 19422
BrightView Holdings Inc is a provider of commercial landscaping services in the United States. The company provides commercial landscaping services, landscape maintenance, and enhancements to tree care and landscape development. It operates through two segments namely Maintenance Services, and Development Services. The Maintenance Services are self-performed through a national branch network and are route-based in nature. It includes mowing, gardening, mulching and snow removal, water management etc. And Development Services are comprised of sophisticated design, coordination, and installation of landscapes at recognizable corporate, athletic, and university complexes. The company generates a majority of its revenue from Maintenance Services.
74GF Score

Get the complete analysis for FRA:7BV

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

€9.85
Price
€11.56
GF Value