FitLife Brands (FRA:QO80) Beneish M-Score: -1.32 (As of Jun. 30, 2026)


FRA:QO80 FitLife Brands Inc FRA:QO80
65 GF Score
Price €9.40
GF Value €19.80
Valuation Possible Value Trap
! 6 Warning Signs
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What is FitLife Brands Beneish M-Score?

FitLife Brands FRA:QO80 -7.84% 65 Beneish M-Score is -1.32 as of Jun. 30, 2026. GuruFocus rates FRA:QO80 with a GF Score™ of 65/100 and a GF Value™ of €19.80 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,848 Consumer Packaged Goods companies, FitLife Brands ranks worse than 88.91% 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.

Warning Sign:

Beneish M-Score -1.32 higher than -1.78, which implies that the company might have manipulated its financial results.

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

FRA:QO80' s Beneish M-Score Range Over the Past 10 Years
Min: -6.6   Med: -2.16   Max: 1.98
Current: -1.32

During the past 13 years, the highest Beneish M-Score of FitLife Brands was 1.98. The lowest was -6.60. And the median was -2.16.


FitLife Brands Beneish M-Score Historical Data

* Premium members only.

The historical data trend for FitLife Brands'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.

FitLife Brands Beneish M-Score Chart

FitLife Brands 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 -2.80 -2.73 1.98 -2.75 0.60

FitLife Brands 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 -2.06 -2.10 0.38 0.60 -1.32

FRA:QO80 vs UMEW, LFVN, SRXH: Beneish M-Score Comparison

For the Packaged Foods subindustry, FitLife Brands'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.


FitLife Brands Beneish M-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, FitLife Brands's Beneish M-Score distribution charts can be found below:

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


FRA:QO80
65GF Score
FitLife Brands Inc FRA:QO80
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FitLife Brands 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 FitLife Brands 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 * 2.0493+0.528 * 1.1535+0.404 * 1.0738+0.892 * 1.318+0.115 * 0.3358
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.05+4.679 * 0.002051-0.327 * 1.6043
=-1.39

* 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 €6.73 Mil.
Revenue was 21.906 + 22.127 + 20.009 + 13.982 = €78.02 Mil.
Gross Profit was 8.232 + 7.634 + 7.443 + 5.986 = €29.30 Mil.
Total Current Assets was €27.37 Mil.
Total Assets was €90.19 Mil.
Property, Plant and Equipment(Net PPE) was €0.59 Mil.
Depreciation, Depletion and Amortization(DDA) was €0.56 Mil.
Selling, General, & Admin. Expense(SGA) was €18.50 Mil.
Total Current Liabilities was €18.00 Mil.
Long-Term Debt & Capital Lease Obligation was €30.96 Mil.
Net Income was 1.488 + 1.401 + 0.785 + 1.515 = €5.19 Mil.
Non Operating Income was 0.018 + -0.259 + -0.704 + -0.573 = €-1.52 Mil.
Cash Flow from Operations was 2.149 + 0.208 + 3.129 + 1.036 = €6.52 Mil.
Total Receivables was €2.49 Mil.
Revenue was 14.741 + 14.337 + 14.395 + 15.728 = €59.20 Mil.
Gross Profit was 6.358 + 5.932 + 6.308 + 7.042 = €25.64 Mil.
Total Current Assets was €20.13 Mil.
Total Assets was €57.53 Mil.
Property, Plant and Equipment(Net PPE) was €0.44 Mil.
Depreciation, Depletion and Amortization(DDA) was €0.09 Mil.
Selling, General, & Admin. Expense(SGA) was €13.37 Mil.
Total Current Liabilities was €12.30 Mil.
Long-Term Debt & Capital Lease Obligation was €7.17 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)
=(6.728 / 78.024) / (2.491 / 59.201)
=0.08623 / 0.042077
=2.0493

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)
=(25.64 / 59.201) / (29.295 / 78.024)
=0.433101 / 0.375461
=1.1535

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 - (27.369 + 0.594) / 90.193) / (1 - (20.127 + 0.438) / 57.529)
=0.689965 / 0.642528
=1.0738

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
=78.024 / 59.201
=1.318

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))
=(0.085 / (0.085 + 0.438)) / (0.557 / (0.557 + 0.594))
=0.162524 / 0.483927
=0.3358

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)
=(18.5 / 78.024) / (13.369 / 59.201)
=0.237107 / 0.225824
=1.05

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)
=((30.96 + 18.002) / 90.193) / ((7.167 + 12.299) / 57.529)
=0.542858 / 0.338368
=1.6043

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
=(5.189 - -1.518 - 6.522) / 90.193
=0.002051

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.

FitLife Brands has a M-score of -1.39 signals that the company is likely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -1.32 mean?
FitLife Brands (FRA:QO80) has a Beneish M-Score of -1.32 as of Jun. 30, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on FitLife Brands and its competitors. According to the industry distribution chart, FitLife Brands ranks #1643 out of 1848 companies in the Consumer Packaged Goods industry, placing it in the top 88.9%.
Is FitLife Brands' Beneish M-Score too high?
FitLife Brands' current Beneish M-Score is -1.32. Based on the distribution chart, FitLife Brands ranks #1643 out of 1848 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, FitLife Brands has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FitLife Brands' Beneish M-Score compare to UMEW and LFVN?
According to the Consumer Packaged Goods industry distribution chart, FitLife Brands ranks #1643 out of 1848 companies for Beneish M-Score. This places FitLife Brands 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 Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods 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 FitLife Brands and its competitors. FitLife Brands's current Beneish M-Score is -1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FitLife Brands stock overvalued right now?
Based on GuruFocus' analysis, FitLife Brands (FRA:QO80) is currently considered Possible Value Trap. The stock's GF Value™ is €19.80, compared to a current price of €9.40 — trading 52.5% below its estimated fair value. The current Beneish M-Score is -1.32. FitLife Brands' overall GF Score™ is 65/100 with 6 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 FitLife Brands (FRA:QO80), the current Beneish M-Score is -1.32 as of Jun. 30, 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 FitLife Brands (FRA:QO80) Overvalued in 2026?

Based on GuruFocus' analysis, FitLife Brands stock appears to be undervalued. The current stock price of €9.40 is trading 52.5% below its estimated GF Value™ of €19.80. GuruFocus considers FitLife Brands to be Possible Value Trap.

Key valuation signals for FRA:QO80:

  • Beneish M-Score: -1.32
  • GF Value™: €19.80 vs. price of €9.40 (52.5% below fair value)
  • GF Score™: 65/100 with 6 warning signs

No single metric tells the full story. See the FRA:QO80 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FitLife Brands Business Description

Other Exchanges FTLF:USA
Address 5214 S. 136th Street, Omaha, NE, USA, 68137
FitLife Brands Inc is a provider of proprietary nutritional supplements for health-conscious consumers. The company markets and sells its products under NDS, PMD, Siren labs, Core active, Metis nutrition, Dr. Tobias, MusclePharm, Irwin Naturals, Applied Nutrition, Isatori, and Nature's Secret brand names. Its product portfolio consists of sports nutrition, energy, sports drink products, meal replacement products, and weight loss products. The firm derives its revenue from product sales. Its product categories include Natural & Organic Foods, Functional Foods, Natural & Organic Personal Care and Household Products, and Supplements.
65GF Score

Get the complete analysis for FRA:QO80

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

€9.40
Price
€19.80
GF Value