Tupperware Brands (HAM:TUP) Beneish M-Score: 0.00 (As of Jun. 25, 2026)


HAM:TUP Tupperware Brands Corp HAM:TUP
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What is Tupperware Brands Beneish M-Score?

Tupperware Brands HAM:TUP 10 Beneish M-Score is 0.00 as of Jun. 25, 2026. GuruFocus rates HAM:TUP with a GF Score™ of 10/100.

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.

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

During the past 13 years, the highest Beneish M-Score of Tupperware Brands was 0.00. The lowest was 0.00. And the median was 0.00.


Tupperware Brands Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Tupperware 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.

Tupperware Brands Beneish M-Score Chart

Tupperware Brands Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.52 -2.91 -2.95 -2.80 -3.95

Tupperware Brands Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -2.60 -3.95 -3.99 -4.36 -4.91

HAM:TUP vs MGIH, YHGJ, DSS: Beneish M-Score Comparison

For the Packaging & Containers subindustry, Tupperware 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.


Tupperware Brands Beneish M-Score vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Tupperware Brands's Beneish M-Score distribution charts can be found below:

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


HAM:TUP
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Tupperware Brands Corp HAM:TUP
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Tupperware 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 Tupperware 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 * 1.0922+0.528 * 1.0186+0.404 * 0.3539+0.892 * 0.8267+0.115 * 1
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0303+4.679 * -0.487149-0.327 * 1.5219
=-5.26

* 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 (Sep23) TTM:Last Year (Sep22) TTM:
Total Receivables was €89 Mil.
Revenue was 243.245 + 255.025 + 273.102 + 296.038 = €1,067 Mil.
Gross Profit was 154.605 + 158.664 + 163.076 + 186.723 = €663 Mil.
Total Current Assets was €400 Mil.
Total Assets was €637 Mil.
Property, Plant and Equipment(Net PPE) was €162 Mil.
Depreciation, Depletion and Amortization(DDA) was €0 Mil.
Selling, General, & Admin. Expense(SGA) was €614 Mil.
Total Current Liabilities was €978 Mil.
Long-Term Debt & Capital Lease Obligation was €47 Mil.
Net Income was -52.285 + -27.505 + -36.893 + -230.997 = €-348 Mil.
Non Operating Income was 15.367 + -11.907 + -17.186 + -39.931 = €-54 Mil.
Cash Flow from Operations was 14.617 + -5.63 + -15.785 + 22.939 = €16 Mil.
Total Receivables was €98 Mil.
Revenue was 306.636 + 321.356 + 315.167 + 347.982 = €1,291 Mil.
Gross Profit was 198.162 + 206.323 + 201.576 + 210.896 = €817 Mil.
Total Current Assets was €488 Mil.
Total Assets was €1,064 Mil.
Property, Plant and Equipment(Net PPE) was €222 Mil.
Depreciation, Depletion and Amortization(DDA) was €9 Mil.
Selling, General, & Admin. Expense(SGA) was €721 Mil.
Total Current Liabilities was €379 Mil.
Long-Term Debt & Capital Lease Obligation was €747 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)
=(88.921 / 1067.41) / (98.475 / 1291.141)
=0.083305 / 0.07627
=1.0922

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)
=(816.957 / 1291.141) / (663.068 / 1067.41)
=0.63274 / 0.621193
=1.0186

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 - (399.537 + 162.101) / 636.692) / (1 - (487.729 + 221.998) / 1064.136)
=0.117881 / 0.333049
=0.3539

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
=1067.41 / 1291.141
=0.8267

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))
=(9.116 / (9.116 + 221.998)) / (0 / (0 + 162.101))
=0.039444 / 0
=1

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)
=(614.229 / 1067.41) / (721.158 / 1291.141)
=0.575439 / 0.558543
=1.0303

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)
=((47.319 + 977.666) / 636.692) / ((747.097 + 378.548) / 1064.136)
=1.60986 / 1.057802
=1.5219

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
=(-347.68 - -53.657 - 16.141) / 636.692
=-0.487149

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.

Tupperware Brands has a M-score of -5.26 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 0.00 mean?
Tupperware Brands (HAM:TUP) has a Beneish M-Score of 0.00 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Tupperware Brands and its competitors.
Is Tupperware Brands' Beneish M-Score too high?
Tupperware Brands' current Beneish M-Score is 0.00. Overall, Tupperware Brands has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Tupperware Brands' Beneish M-Score compare to MGIH and YHGJ?
Tupperware Brands' Beneish M-Score of 0.00 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Beneish M-Score depends on the Packaging & Containers 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 Tupperware Brands and its competitors. Tupperware Brands's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tupperware Brands stock overvalued right now?
Tupperware Brands (HAM:TUP) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Tupperware Brands' overall GF Score™ is 10/100. 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 Tupperware Brands (HAM:TUP), the current Beneish M-Score is 0.00 as of Jun. 25, 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.

Tupperware Brands Business Description

Address 14901 South Orange Blossom Trail, Orlando, FL, USA, 32837
Tupperware Brands Corp is a consumer products company that designs innovative, functional, and environmentally responsible products. The company distributes its products into nearly 70 countries. The company engages in the marketing, manufacture, and sale of design-centric preparation, storage, and serving solutions for the kitchen and home through the Tupperware brand name. The company primarily uses a direct selling business model to distribute and market products, while continuing to expand digital platforms and business-to-business distribution channels. The company operates its business under four reportable segments in four broad geographic regions namely the Asia Pacific, Europe (Europe, Africa and the Middle East), North America, and South America.
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Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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