Take-Two Interactive Software (FRA:TKE) Beneish M-Score: -2.90 (As of Jun. 26, 2026)


FRA:TKE Take-Two Interactive Software Inc FRA:TKE
74 GF Score
Price €207.20
GF Value €185.18
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Take-Two Interactive Software Beneish M-Score?

Take-Two Interactive Software FRA:TKE -1.52% 74 Beneish M-Score is -2.90 as of Jun. 26, 2026. GuruFocus rates FRA:TKE with a GF Score™ of 74/100 and a GF Value™ of €185.18 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 532 Interactive Media companies, Take-Two Interactive Software ranks better than 63.72% 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 -2.9 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Take-Two Interactive Software's Beneish M-Score or its related term are showing as below:

FRA:TKE' s Beneish M-Score Range Over the Past 10 Years
Min: -3.13   Med: -2.57   Max: -1.95
Current: -2.9

During the past 13 years, the highest Beneish M-Score of Take-Two Interactive Software was -1.95. The lowest was -3.13. And the median was -2.57.


Take-Two Interactive Software Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Take-Two Interactive Software'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.

Take-Two Interactive Software Beneish M-Score Chart

Take-Two Interactive Software Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.01 -1.95 -3.13 -3.12 -2.90

Take-Two Interactive Software 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 -3.12 -3.00 -2.77 -2.98 -2.90

FRA:TKE vs RBLX, EA, NTES: Beneish M-Score Comparison

For the Electronic Gaming & Multimedia subindustry, Take-Two Interactive Software'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.


Take-Two Interactive Software Beneish M-Score vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Take-Two Interactive Software's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Take-Two Interactive Software's Beneish M-Score falls into.


FRA:TKE
74GF Score
Take-Two Interactive Software Inc FRA:TKE
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Take-Two Interactive Software 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 Take-Two Interactive Software 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 * 0.829+0.528 * 0.9498+0.404 * 0.945+0.892 * 1.0946+0.115 * 1.0268
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.8732+4.679 * -0.095963-0.327 * 0.8184
=-2.97

* 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 €715 Mil.
Revenue was 1453.027 + 1450.946 + 1511.278 + 1303.795 = €5,719 Mil.
Gross Profit was 811.975 + 807.457 + 835.386 + 819.315 = €3,274 Mil.
Total Current Assets was €2,768 Mil.
Total Assets was €8,116 Mil.
Property, Plant and Equipment(Net PPE) was €675 Mil.
Depreciation, Depletion and Amortization(DDA) was €1,098 Mil.
Selling, General, & Admin. Expense(SGA) was €2,272 Mil.
Total Current Liabilities was €2,239 Mil.
Long-Term Debt & Capital Lease Obligation was €2,472 Mil.
Net Income was -51.467 + -79.337 + -114.083 + -10.317 = €-255 Mil.
Non Operating Income was -14.272 + -0.512 + -0.085 + 3.641 = €-11 Mil.
Cash Flow from Operations was 203.621 + 260.641 + 109.397 + -38.755 = €535 Mil.
Total Receivables was €788 Mil.
Revenue was 1463.812 + 1298.609 + 1219.143 + 1243.188 = €5,225 Mil.
Gross Profit was 743.052 + 725.705 + 655.838 + 716.352 = €2,841 Mil.
Total Current Assets was €2,605 Mil.
Total Assets was €8,492 Mil.
Property, Plant and Equipment(Net PPE) was €712 Mil.
Depreciation, Depletion and Amortization(DDA) was €1,244 Mil.
Selling, General, & Admin. Expense(SGA) was €2,377 Mil.
Total Current Liabilities was €3,345 Mil.
Long-Term Debt & Capital Lease Obligation was €2,679 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)
=(715.095 / 5719.046) / (788.007 / 5224.752)
=0.125037 / 0.150822
=0.829

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)
=(2840.947 / 5224.752) / (3274.133 / 5719.046)
=0.543748 / 0.572496
=0.9498

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 - (2767.567 + 674.7) / 8116.468) / (1 - (2604.707 + 712.157) / 8492.147)
=0.575891 / 0.60942
=0.945

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
=5719.046 / 5224.752
=1.0946

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))
=(1244.07 / (1244.07 + 712.157)) / (1097.911 / (1097.911 + 674.7))
=0.635954 / 0.619375
=1.0268

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)
=(2272.259 / 5719.046) / (2377.254 / 5224.752)
=0.397314 / 0.454998
=0.8732

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)
=((2472.343 + 2239.312) / 8116.468) / ((2678.707 + 3344.615) / 8492.147)
=0.580506 / 0.709281
=0.8184

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
=(-255.204 - -11.228 - 534.904) / 8116.468
=-0.095963

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.

Take-Two Interactive Software has a M-score of -2.97 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 -2.90 mean?
Take-Two Interactive Software (FRA:TKE) has a Beneish M-Score of -2.90 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Take-Two Interactive Software and its competitors. According to the industry distribution chart, Take-Two Interactive Software ranks #193 out of 532 companies in the Interactive Media industry, placing it in the top 36.3%.
Is Take-Two Interactive Software's Beneish M-Score too high?
Take-Two Interactive Software's current Beneish M-Score is -2.90. Based on the distribution chart, Take-Two Interactive Software ranks #193 out of 532 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Take-Two Interactive Software has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Take-Two Interactive Software's Beneish M-Score compare to RBLX and EA?
According to the Interactive Media industry distribution chart, Take-Two Interactive Software ranks #193 out of 532 companies for Beneish M-Score. This puts Take-Two Interactive Software 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 an Interactive Media company?
A good Beneish M-Score depends on the Interactive Media 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 Take-Two Interactive Software and its competitors. Take-Two Interactive Software's current Beneish M-Score is -2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Take-Two Interactive Software stock overvalued right now?
Based on GuruFocus' analysis, Take-Two Interactive Software (FRA:TKE) is currently considered Modestly Overvalued. The stock's GF Value™ is €185.18, compared to a current price of €207.20 — trading 11.9% above its estimated fair value. The current Beneish M-Score is -2.90. Take-Two Interactive Software's overall GF Score™ is 74/100 with 3 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 Take-Two Interactive Software (FRA:TKE), the current Beneish M-Score is -2.90 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 Take-Two Interactive Software (FRA:TKE) Overvalued in 2026?

Based on GuruFocus' analysis, Take-Two Interactive Software stock appears to be overvalued. The current stock price of €207.20 is trading 11.9% above its estimated GF Value™ of €185.18. GuruFocus considers Take-Two Interactive Software to be Modestly Overvalued.

Key valuation signals for FRA:TKE:

  • Beneish M-Score: -2.90
  • GF Value™: €185.18 vs. price of €207.20 (11.9% above fair value)
  • GF Score™: 74/100 with 3 warning signs

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


Take-Two Interactive Software Business Description

Address 110 West 44th Street, New York, NY, USA, 10036
Take-Two is one of the largest global developers and publishers of video games, with labels including Rockstar, 2K, and Zynga. Grand Theft Auto is the firm's biggest franchise, accounting for about 30% of total sales for the past decade. NBA 2K is the industry's dominant basketball video game, with Take-Two releasing a new version annually. Other notable franchises include Red Dead Redemption, Borderlands, and Civilization. Typically, more than three-fourths of the firm's sales are from in-game spending, with the remainder coming from initial game sales. Since acquiring Zynga in 2022, mobile makes up about half of total sales.
74GF Score

Get the complete analysis for FRA:TKE

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

€207.20
Price
€185.18
GF Value