Colgate-Palmolive (Pakistan) (KAR:COLG) Beneish M-Score: -2.74 (As of Jun. 28, 2026)

What is Colgate-Palmolive (Pakistan) Beneish M-Score?

Colgate-Palmolive (Pakistan) KAR:COLG 85 Beneish M-Score is -2.74 as of Jun. 28, 2026. GuruFocus rates KAR:COLG with a GF Score™ of 85/100 and a GF Value™ of ₨1,465.52 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,849 Consumer Packaged Goods companies, Colgate-Palmolive (Pakistan) ranks better than 68.47% 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 -2.74 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Colgate-Palmolive (Pakistan)'s Beneish M-Score or its related term are showing as below:

KAR:COLG' s Beneish M-Score Range Over the Past 10 Years
Min: -3.41 Med: -2.43 Max: 1.37
Current: -2.74

During the past 13 years, the highest Beneish M-Score of Colgate-Palmolive (Pakistan) was 1.37. The lowest was -3.41. And the median was -2.43.

Colgate-Palmolive (Pakistan) Beneish M-Score Related Terms

Colgate-Palmolive (Pakistan) Beneish M-Score Historical Data

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The historical data trend for Colgate-Palmolive (Pakistan)'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.

Colgate-Palmolive (Pakistan) Beneish M-Score Chart

Colgate-Palmolive (Pakistan) Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Beneish M-Score

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-2.48

-1.78

-3.13

-2.41

-2.22

Colgate-Palmolive (Pakistan) 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															-2.44	-2.22	-2.62	-2.41	-2.74

KAR:COLG vs PG, CL, KVUE: Beneish M-Score Comparison

For the Household & Personal Products subindustry, Colgate-Palmolive (Pakistan)'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.

Colgate-Palmolive (Pakistan) Beneish M-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Colgate-Palmolive (Pakistan)'s Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Colgate-Palmolive (Pakistan)'s Beneish M-Score falls into.

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85GF Score

Colgate-Palmolive (Pakistan) Ltd KAR:COLG

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

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Colgate-Palmolive (Pakistan) 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 Colgate-Palmolive (Pakistan) for today is based on a combination of the following eight different indices:

-4.84

0.92 * DSRI

0.528 * GMI

0.404 * AQI

0.892 * SGI

0.115 * DEPI

-4.84

0.92 * 0.6828

0.528 * 1.0076

0.404 * 0.8953

0.892 * 1.0343

0.115 * 0.84

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 1.013

4.679 * 0.005078

0.327 * 0.8895

-2.74

This Year (Mar26) TTM:

Last Year (Mar25) TTM:

Total Receivables was ₨1,836 Mil.
Revenue was 31134.526 + 29145.24 + 30862.088 + 29023.576 = ₨120,165 Mil.
Gross Profit was 11596.674 + 10324.82 + 10747.801 + 9871.59 = ₨42,541 Mil.
Total Current Assets was ₨45,106 Mil.
Total Assets was ₨55,231 Mil.
Property, Plant and Equipment(Net PPE) was ₨10,003 Mil.
Depreciation, Depletion and Amortization(DDA) was ₨1,438 Mil.
Selling, General, & Admin. Expense(SGA) was ₨10,800 Mil.
Total Current Liabilities was ₨17,038 Mil.
Long-Term Debt & Capital Lease Obligation was ₨648 Mil.
Net Income was 4775.054 + 4143.187 + 4564.029 + 4293.588 = ₨17,776 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = ₨0 Mil.
Cash Flow from Operations was 6919.703 + 3255 + 5214.974 + 2105.711 = ₨17,495 Mil.

Total Receivables was ₨2,600 Mil.
Revenue was 29058.033 + 27915.668 + 30003.424 + 29205.738 = ₨116,183 Mil.
Gross Profit was 10241.048 + 9806.067 + 10802.205 + 10592.339 = ₨41,442 Mil.
Total Current Assets was ₨43,035 Mil.
Total Assets was ₨53,083 Mil.
Property, Plant and Equipment(Net PPE) was ₨9,917 Mil.
Depreciation, Depletion and Amortization(DDA) was ₨1,170 Mil.
Selling, General, & Admin. Expense(SGA) was ₨10,308 Mil.
Total Current Liabilities was ₨18,289 Mil.
Long-Term Debt & Capital Lease Obligation was ₨822 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)
	=	(1836.208 / 120165.43)	/	(2600.297 / 116182.863)
	=	0.015281	/	0.022381
	=	0.6828

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)
	=	(41441.659 / 116182.863)	/	(42540.885 / 120165.43)
	=	0.356693	/	0.354019
	=	1.0076

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 - (45105.769 + 10003.368) / 55231.018)	/	(1 - (43035.013 + 9917.422) / 53083.268)
	=	0.002207	/	0.002465
	=	0.8953

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
	=	120165.43	/	116182.863
	=	1.0343

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))
	=	(1170.362 / (1170.362 + 9917.422))	/	(1437.663 / (1437.663 + 10003.368))
	=	0.105554	/	0.125659
	=	0.84

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)
	=	(10799.539 / 120165.43)	/	(10307.53 / 116182.863)
	=	0.089872	/	0.088718
	=	1.013

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)
	=	((648.155 + 17037.649) / 55231.018)	/	((822.084 + 18288.521) / 53083.268)
	=	0.320215	/	0.360012
	=	0.8895

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
	=	(17775.858 - 0	-	17495.388)	/	55231.018
	=	0.005078

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.

Colgate-Palmolive (Pakistan) has a M-score of -2.74 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 -2.74 mean?

Colgate-Palmolive (Pakistan) (KAR:COLG) has a Beneish M-Score of -2.74 as of Jun. 28, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Colgate-Palmolive (Pakistan) and its competitors. According to the industry distribution chart, Colgate-Palmolive (Pakistan) ranks #583 out of 1849 companies in the Consumer Packaged Goods industry, placing it in the top 31.5%.

Is Colgate-Palmolive (Pakistan)'s Beneish M-Score too high?

Colgate-Palmolive (Pakistan)'s current Beneish M-Score is -2.74. Based on the distribution chart, Colgate-Palmolive (Pakistan) ranks #583 out of 1849 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Colgate-Palmolive (Pakistan) has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Colgate-Palmolive (Pakistan)'s Beneish M-Score compare to PG and CL?

According to the Consumer Packaged Goods industry distribution chart, Colgate-Palmolive (Pakistan) ranks #583 out of 1849 companies for Beneish M-Score. This puts Colgate-Palmolive (Pakistan) 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 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 Colgate-Palmolive (Pakistan) and its competitors. Colgate-Palmolive (Pakistan)'s current Beneish M-Score is -2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Colgate-Palmolive (Pakistan) stock overvalued right now?

Based on GuruFocus' analysis, Colgate-Palmolive (Pakistan) (KAR:COLG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨1,465.52, compared to a current price of ₨1,259.53 — trading 14.1% below its estimated fair value. The current Beneish M-Score is -2.74. Colgate-Palmolive (Pakistan)'s overall GF Score™ is 85/100 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 Colgate-Palmolive (Pakistan) (KAR:COLG), the current Beneish M-Score is -2.74 as of Jun. 28, 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 Colgate-Palmolive (Pakistan) (KAR:COLG) Overvalued in 2026?

Based on GuruFocus' analysis, Colgate-Palmolive (Pakistan) stock appears to be undervalued. The current stock price of ₨1,259.53 is trading 14.1% below its estimated GF Value™ of ₨1,465.52. GuruFocus considers Colgate-Palmolive (Pakistan) to be Modestly Undervalued.

Key valuation signals for KAR:COLG:

Beneish M-Score: -2.74
GF Value™: ₨1,465.52 vs. price of ₨1,259.53 (14.1% below fair value)
GF Score™: 85/100 with 3 warning signs

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

Colgate-Palmolive (Pakistan) Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies KAR:HALEON PG XPAR:OR LSE:ULVR CL BOM:500696 LSE:RKT KVUE KMB XTER:HEN3 EL CHD OSTO:ESSITY B XTER:BEI TSE:4452 CLX BOM:531642 BOM:532424 XMAD:PUIG TSE:8113

Address Sarwar Shaheed Road, Lakson Square, Building Number 2, Karachi, SD, PAK, 74200

Website https://www.colgate.com.pk

Colgate-Palmolive (Pakistan) Ltd is involved in the manufacturing and sale of detergents, personal care, and other related products. The company consists of a single reportable segment, the principal classes of products of which are Personal Care, Home Care, and Others. Maximum revenue for the company is generated from the sale of Home Care products.

85GF Score

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

₨1,259.53

Price

₨1,465.52

GF Value

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