Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 -1.89 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Omnicom Group's Beneish M-Score or its related term are showing as below:
FRA:OCN'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.7 Med: -2.51 Max: -1.62
Current: -1.89
During the past 13 years, the highest Beneish M-Score of Omnicom Group was -1.62. The lowest was -2.70. And the median was -2.51.
The historical data trend for Omnicom Group'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.
FRA:OCN vs TTD, LFTO, MGNI: Beneish M-Score Comparison
For the Advertising Agencies subindustry, Omnicom Group'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.
Omnicom Group Beneish M-Score vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Omnicom Group's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Omnicom Group'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 Omnicom Group 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 * 1.1737
+
0.528 * 1.6319
+
0.404 * 1.192
+
0.892 * 1.3262
+
0.115 * 0.6507
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.3125
+
4.679 * -0.041475
-
0.327 * 0.9569
=
-1.89
* 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))
=
(218.376 / (218.376 + 1668.108))
/
(424.38 / (424.38 + 1961.072))
=
0.115758
/
0.177903
=
0.6507
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
=
(345.193 - -51.381
-
2193.106)
/
43315.804
=
-0.041475
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.
Omnicom Group has a M-score of -1.89 suggests that the company is unlikely to be a manipulator.
Omnicom Group (FRA:OCN) has a Beneish M-Score of -1.89 as of Jul. 31, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Omnicom Group and its competitors. According to the industry distribution chart, Omnicom Group ranks #794 out of 973 companies in the Media - Diversified industry, placing it in the top 81.6%.
Is Omnicom Group's Beneish M-Score too high?
Omnicom Group's current Beneish M-Score is -1.89. Based on the distribution chart, Omnicom Group ranks #794 out of 973 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Omnicom Group has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Omnicom Group's Beneish M-Score compare to TTD and LFTO?
According to the Media - Diversified industry distribution chart, Omnicom Group ranks #794 out of 973 companies for Beneish M-Score. This places Omnicom Group 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 Media - Diversified company?
A good Beneish M-Score depends on the Media - Diversified 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 Omnicom Group and its competitors. Omnicom Group's current Beneish M-Score is -1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Omnicom Group stock overvalued right now?
Based on GuruFocus' analysis, Omnicom Group (FRA:OCN) is currently considered Modestly Undervalued. The stock's GF Value™ is €78.35, compared to a current price of €66.48 — trading 15.1% below its estimated fair value. The current Beneish M-Score is -1.89. Omnicom Group's overall GF Score™ is 85/100 with 7 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 Omnicom Group (FRA:OCN), the current Beneish M-Score is -1.89 as of Jul. 31, 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 Omnicom Group (FRA:OCN) Overvalued in 2026?
Based on GuruFocus' analysis, Omnicom Group stock appears to be undervalued.
The current stock price of €66.48 is trading 15.1% below its estimated GF Value™ of €78.35.
GuruFocus considers Omnicom Group to be Modestly Undervalued.
Key valuation signals for FRA:OCN:
Beneish M-Score: -1.89
GF Value™: €78.35 vs. price of €66.48 (15.1% below fair value)
No single metric tells the full story. See the FRA:OCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Omnicom is a holding company that owns several advertising agencies and related firms. It provides traditional and digital advertising services that include creative design, market research, data analytics, ad placement, and public relations. The firm operates globally, providing services in more than 70 countries; it generates more than one half of its revenue in North America and nearly 30% in Europe.
85GF Score
Get the complete analysis for FRA:OCN
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:OCN has been successfully added to your 
