FUBO (FuboTV) Beneish M-Score: 3.01 (As of Jul. 06, 2026)


FUBO FuboTV Inc FUBO
40 GF Score
Price $10.20
GF Value $60.54
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is FuboTV Beneish M-Score?

FuboTV FUBO +1.19% 40 Beneish M-Score is 3.01 as of Jul. 06, 2026. GuruFocus rates FUBO with a GF Score™ of 40/100 and a GF Value™ of $60.54 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 978 Media - Diversified companies, FuboTV ranks worse than 96.42% 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 3.01 higher than -1.78, which implies that the company might have manipulated its financial results.

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

FUBO' s Beneish M-Score Range Over the Past 10 Years
Min: -67.34   Med: -3.06   Max: 33.25
Current: 3.01

During the past 13 years, the highest Beneish M-Score of FuboTV was 33.25. The lowest was -67.34. And the median was -3.06.


FuboTV Beneish M-Score Historical Data

* Premium members only.

The historical data trend for FuboTV'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.

FuboTV Beneish M-Score Chart

FuboTV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 33.25 -0.05 -3.44 -3.11

FuboTV 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 -4.09 -3.94 -3.51 1.22 3.01

FUBO vs CAST, SSP, GTN.A: Beneish M-Score Comparison

For the Broadcasting subindustry, FuboTV'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.


FuboTV Beneish M-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, FuboTV's Beneish M-Score distribution charts can be found below:

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


FUBO
40GF Score
FuboTV Inc FUBO
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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FuboTV 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 FuboTV 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 * 4.4679+0.528 * 1.5036+0.404 * 1.2141+0.892 * 2.3704+0.115 * 0.787
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.4343+4.679 * 0.104924-0.327 * 0.4958
=3.01

* 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 $609 Mil.
Revenue was 1573.867 + 1548.688 + 377.195 + 379.968 = $3,880 Mil.
Gross Profit was 118.867 + 112.045 + 78.381 + 77.689 = $387 Mil.
Total Current Assets was $903 Mil.
Total Assets was $3,981 Mil.
Property, Plant and Equipment(Net PPE) was $39 Mil.
Depreciation, Depletion and Amortization(DDA) was $84 Mil.
Selling, General, & Admin. Expense(SGA) was $289 Mil.
Total Current Liabilities was $908 Mil.
Long-Term Debt & Capital Lease Obligation was $405 Mil.
Net Income was -2.101 + -5.976 + -18.866 + -8.03 = $-35 Mil.
Non Operating Income was 1.327 + 0.027 + -0.016 + -0.467 = $1 Mil.
Cash Flow from Operations was -212.073 + -200.31 + -6.516 + -34.617 = $-454 Mil.
Total Receivables was $58 Mil.
Revenue was 416.286 + 443.277 + 386.207 + 390.965 = $1,637 Mil.
Gross Profit was 69.231 + 72.816 + 54.125 + 49.293 = $245 Mil.
Total Current Assets was $414 Mil.
Total Assets was $1,216 Mil.
Property, Plant and Equipment(Net PPE) was $37 Mil.
Depreciation, Depletion and Amortization(DDA) was $43 Mil.
Selling, General, & Admin. Expense(SGA) was $280 Mil.
Total Current Liabilities was $588 Mil.
Long-Term Debt & Capital Lease Obligation was $220 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)
=(609.402 / 3879.718) / (57.541 / 1636.735)
=0.157074 / 0.035156
=4.4679

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)
=(245.465 / 1636.735) / (386.982 / 3879.718)
=0.149972 / 0.099745
=1.5036

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 - (902.515 + 38.881) / 3980.718) / (1 - (414.137 + 36.978) / 1215.545)
=0.763511 / 0.628878
=1.2141

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
=3879.718 / 1636.735
=2.3704

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))
=(43.14 / (43.14 + 36.978)) / (84.246 / (84.246 + 38.881))
=0.538456 / 0.68422
=0.787

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)
=(288.74 / 3879.718) / (280.472 / 1636.735)
=0.074423 / 0.171361
=0.4343

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)
=((404.889 + 908.04) / 3980.718) / ((220.203 + 588.453) / 1215.545)
=0.329822 / 0.665262
=0.4958

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
=(-34.973 - 0.871 - -453.516) / 3980.718
=0.104924

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.

FuboTV has a M-score of 3.01 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 3.01 mean?
FuboTV (FUBO) has a Beneish M-Score of 3.01 as of Jul. 06, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on FuboTV and its competitors. According to the industry distribution chart, FuboTV ranks #943 out of 978 companies in the Media - Diversified industry, placing it in the top 96.4%.
Is FuboTV's Beneish M-Score too high?
FuboTV's current Beneish M-Score is 3.01. Based on the distribution chart, FuboTV ranks #943 out of 978 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, FuboTV has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FuboTV's Beneish M-Score compare to CAST and SSP?
According to the Media - Diversified industry distribution chart, FuboTV ranks #943 out of 978 companies for Beneish M-Score. This places FuboTV 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 FuboTV and its competitors. FuboTV's current Beneish M-Score is 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FuboTV stock overvalued right now?
Based on GuruFocus' analysis, FuboTV (FUBO) is currently considered Possible Value Trap. The stock's GF Value™ is $60.54, compared to a current price of $10.20 — trading 83.2% below its estimated fair value. The current Beneish M-Score is 3.01. FuboTV's overall GF Score™ is 40/100 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 FuboTV (FUBO), the current Beneish M-Score is 3.01 as of Jul. 06, 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 FuboTV (FUBO) Overvalued in 2026?

Based on GuruFocus' analysis, FuboTV stock appears to be undervalued. The current stock price of $10.20 is trading 83.2% below its estimated GF Value™ of $60.54. GuruFocus considers FuboTV to be Possible Value Trap.

Key valuation signals for FUBO:

  • Beneish M-Score: 3.01
  • GF Value™: $60.54 vs. price of $10.20 (83.2% below fair value)
  • GF Score™: 40/100 with 4 warning signs

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


FuboTV Business Description

Other Exchanges FUBO:Mexico
Address 1290 Avenue of the Americas, New York, NY, USA, 10104
FuboTV Inc is a sports-first, Pay TV replacement product offering subscribers access to tens of thousands of live sporting events annually, alongside news and entertainment content, both live and on demand. Its platform is designed to empower customers to seamlessly access content through streaming devices and on Smart TVs, mobile phones, tablets, and computers. The company offers subscribers a live TV streaming service with the option to purchase incremental features, including additional content or enhanced functionality suited to their preferences. Its subscription packages (including Fubo Essential, Pro, Elite, and others) boast a broad mix of top Nielsen-ranked channels across sports, news, and entertainment. It operates in a single segment of the streaming business.
40GF Score

Get the complete analysis for FUBO

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

$10.20
Price
$60.54
GF Value