Loop IndustriesLOOP +9.72%34 Beneish M-Score is 16.92 as of Jun. 25, 2026, which is at its 10-year median of 16.92. GuruFocus rates LOOP with a GF Score™ of 34/100 and a GF Value™ of $7.05 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,529 Chemicals companies, Loop Industries ranks worse than 99.28% 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 16.92 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Loop Industries's Beneish M-Score or its related term are showing as below:
LOOP'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.13 Med: 16.92 Max: 58.95
Current: 16.92
During the past 13 years, the highest Beneish M-Score of Loop Industries was 58.95. The lowest was -3.13. And the median was 16.92.
Loop Industries Beneish M-Score Related Terms
Loop Industries Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Loop Industries'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.
LOOP vs NTIC, FEAM, FSI: Beneish M-Score Comparison
For the Specialty Chemicals subindustry, Loop Industries'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.
Loop Industries Beneish M-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Loop Industries's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Loop Industries's Beneish M-Score falls into.
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 Loop Industries 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 * 25.0306
+
0.528 * 1
+
0.404 * 2.363
+
0.892 * 0.0472
+
0.115 * 1.2572
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 14.7086
+
4.679 * 0.030261
-
0.327 * 1.6718
=
16.92
* 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))
=
(0.524 / (0.524 + 1.737))
/
(0.384 / (0.384 + 1.699))
=
0.231756
/
0.184349
=
1.2572
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
=
(-12.299 - -2.448
-
-10.11)
/
8.559
=
0.030261
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.
Loop Industries has a M-score of 16.92 signals that the company is likely to be a manipulator.
Loop Industries (LOOP) has a Beneish M-Score of 16.92 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Loop Industries and its competitors. This is near median its historical median of 16.92. According to the industry distribution chart, Loop Industries ranks #1518 out of 1529 companies in the Chemicals industry, placing it in the top 99.3%.
Is Loop Industries' Beneish M-Score too high?
Loop Industries' current Beneish M-Score of 16.92 is near median its 10-year median of 16.92. Based on the distribution chart, Loop Industries ranks #1518 out of 1529 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Loop Industries has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Loop Industries' Beneish M-Score compare to NTIC and FEAM?
According to the Chemicals industry distribution chart, Loop Industries ranks #1518 out of 1529 companies for Beneish M-Score. This places Loop Industries 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 Chemicals company?
A good Beneish M-Score depends on the Chemicals 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 Loop Industries and its competitors. Loop Industries's current Beneish M-Score is 16.92, which is near median its own 10-year median of 16.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Loop Industries stock overvalued right now?
Based on GuruFocus' analysis, Loop Industries (LOOP) is currently considered Possible Value Trap. The stock's GF Value™ is $7.05, compared to a current price of $0.79 — trading 88.8% below its estimated fair value. The current Beneish M-Score is 16.92, which is near median its 10-year median of 16.92. Loop Industries' overall GF Score™ is 34/100 with 5 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 Loop Industries (LOOP), the current Beneish M-Score is 16.92 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.
Is Loop Industries (LOOP) Overvalued in 2026?
Based on GuruFocus' analysis, Loop Industries stock appears to be undervalued.
The current stock price of $0.79 is trading 88.8% below its estimated GF Value™ of $7.05.
GuruFocus considers Loop Industries to be Possible Value Trap.
Key valuation signals for LOOP:
Beneish M-Score: 16.92 (near median its 10-year median of 16.92)
GF Value™: $7.05 vs. price of $0.79 (88.8% below fair value)
No single metric tells the full story. See the LOOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Loop Industries Inc is a technology company whose mission is to accelerate the world's shift toward sustainable PET plastic and polyester fiber and away from dependence on fossil fuels. Loop Industries owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles, packaging, and textiles such as carpets and clothing, into its base building block monomers, DMT and MEG.
34GF Score
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