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Hydrofarm Holdings GroupHYFM -5.43%36 Beneish M-Score is -6.11 as of Aug. 20, 2026. GuruFocus rates HYFM with a GF Score™ of 36/100 and a GF Value™ of $3.45 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 207 Farm & Heavy Construction Machinery companies, Hydrofarm Holdings Group ranks better than 98.55% 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 -6.11 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Hydrofarm Holdings Group's Beneish M-Score or its related term are showing as below:
HYFM'
s Beneish M-Score Range Over the Past 10 Years
Min: -6.11 Med: -3.25 Max: -0.87
Current: -6.11
During the past 8 years, the highest Beneish M-Score of Hydrofarm Holdings Group was -0.87. The lowest was -6.11. And the median was -3.25.
* 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.
HYFM vs HCAI, NMHI, GP: Beneish M-Score Comparison
For the Farm & Heavy Construction Machinery subindustry, Hydrofarm Holdings 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.
Hydrofarm Holdings Group Beneish M-Score vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Hydrofarm Holdings Group's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Hydrofarm Holdings Group's Beneish M-Score falls into.
Hydrofarm Holdings Group 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 Hydrofarm Holdings 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 * 0.8428
+
0.528 * 1.3192
+
0.404 * 0.0626
+
0.892 * 0.6593
+
0.115 * 1.8033
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0311
+
4.679 * -0.460415
-
0.327 * 3.7624
=
-6.11
* 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))
=
(29.751 / (29.751 + 78.098))
/
(10.44 / (10.44 + 57.806))
=
0.275858
/
0.152976
=
1.8033
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
=
(-283.786 - -232.299
-
-4.719)
/
101.578
=
-0.460415
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.
Hydrofarm Holdings Group has a M-score of -6.11 suggests that the company is unlikely to be a manipulator.
Hydrofarm Holdings Group (HYFM) has a Beneish M-Score of -6.11 as of Aug. 20, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Hydrofarm Holdings Group and its competitors. According to the industry distribution chart, Hydrofarm Holdings Group ranks #3 out of 207 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 1.4%.
Is Hydrofarm Holdings Group's Beneish M-Score too high?
Hydrofarm Holdings Group's current Beneish M-Score is -6.11. Based on the distribution chart, Hydrofarm Holdings Group ranks #3 out of 207 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Hydrofarm Holdings Group has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hydrofarm Holdings Group's Beneish M-Score compare to HCAI and NMHI?
According to the Farm & Heavy Construction Machinery industry distribution chart, Hydrofarm Holdings Group ranks #3 out of 207 companies for Beneish M-Score. This places Hydrofarm Holdings Group in the top 1% of its industry — outperforming the majority of peers. 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 Farm & Heavy Construction Machinery company?
A good Beneish M-Score depends on the Farm & Heavy Construction Machinery 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 Hydrofarm Holdings Group and its competitors. Hydrofarm Holdings Group's current Beneish M-Score is -6.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydrofarm Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, Hydrofarm Holdings Group (HYFM) is currently considered Possible Value Trap. The stock's GF Value™ is $3.45, compared to a current price of $1.05 — trading 69.7% below its estimated fair value. The current Beneish M-Score is -6.11. Hydrofarm Holdings Group's overall GF Score™ is 36/100 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 Hydrofarm Holdings Group (HYFM), the current Beneish M-Score is -6.11 as of Aug. 20, 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 Hydrofarm Holdings Group (HYFM) Overvalued in 2026?
Based on GuruFocus' analysis, Hydrofarm Holdings Group stock appears to be undervalued.
The current stock price of $1.05 is trading 69.7% below its estimated GF Value™ of $3.45.
GuruFocus considers Hydrofarm Holdings Group to be Possible Value Trap.
Key valuation signals for HYFM:
Beneish M-Score: -6.11
GF Value™: $3.45 vs. price of $1.05 (69.7% below fair value)
No single metric tells the full story. See the HYFM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hydrofarm Holdings Group Inc is an independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture (CEA), including grow lights, climate control solutions, grow media, nutrients, and other products. Hydroponics involves growing plants in soilless media, often using artificial lighting in controlled indoor or greenhouse environments. Its products are used to cultivate cannabis, flowers, fruits, vegetables, grains, and herbs, enabling control over key factors such as temperature, humidity, light, nutrients, and pH. Its product portfolio spans lighting, grow media (i.e., premium soils and soil alternatives), nutrients, equipment, and supplies. The United States generates maximum revenue.
36GF Score
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