Foxtons Group (LSE:FOXT) Beneish M-Score: -2.65 (As of Jun. 24, 2026)


LSE:FOXT Foxtons Group PLC LSE:FOXT
57 GF Score
Price £0.45
GF Value £0.62
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Foxtons Group Beneish M-Score?

Foxtons Group LSE:FOXT -1.75% 57 Beneish M-Score is -2.65 as of Jun. 24, 2026. GuruFocus rates LSE:FOXT with a GF Score™ of 57/100 and a GF Value™ of £0.62 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,681 Real Estate companies, Foxtons Group ranks better than 69.54% 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 -2.65 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

LSE:FOXT' s Beneish M-Score Range Over the Past 10 Years
Min: -3.03   Med: -2.69   Max: -2.19
Current: -2.65

During the past 13 years, the highest Beneish M-Score of Foxtons Group was -2.19. The lowest was -3.03. And the median was -2.69.


Foxtons Group Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Foxtons Group'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.

Foxtons Group Beneish M-Score Chart

Foxtons Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.95 -2.66 -2.19 -2.53 -2.65

Foxtons Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -2.19 0.00 -2.53 0.00 -2.65

LSE:FOXT vs CBRE, BEKE: Beneish M-Score Comparison

For the Real Estate Services subindustry, Foxtons 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.


Foxtons Group Beneish M-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Foxtons Group's Beneish M-Score distribution charts can be found below:

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


LSE:FOXT
57GF Score
Foxtons Group PLC LSE:FOXT
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Foxtons 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 Foxtons 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 * 1.0384+0.528 * 0.9996+0.404 * 0.9968+0.892 * 1.0525+0.115 * 0.9332
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.054467-0.327 * 0.9757
=-2.65

* 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was £33.3 Mil.
Revenue was £172.5 Mil.
Gross Profit was £110.4 Mil.
Total Current Assets was £44.3 Mil.
Total Assets was £272.4 Mil.
Property, Plant and Equipment(Net PPE) was £47.2 Mil.
Depreciation, Depletion and Amortization(DDA) was £17.2 Mil.
Selling, General, & Admin. Expense(SGA) was £0.0 Mil.
Total Current Liabilities was £41.9 Mil.
Long-Term Debt & Capital Lease Obligation was £54.6 Mil.
Net Income was £12.8 Mil.
Gross Profit was £0.0 Mil.
Cash Flow from Operations was £27.7 Mil.
Total Receivables was £30.4 Mil.
Revenue was £163.9 Mil.
Gross Profit was £104.9 Mil.
Total Current Assets was £42.8 Mil.
Total Assets was £268.2 Mil.
Property, Plant and Equipment(Net PPE) was £46.7 Mil.
Depreciation, Depletion and Amortization(DDA) was £15.5 Mil.
Selling, General, & Admin. Expense(SGA) was £0.0 Mil.
Total Current Liabilities was £47.9 Mil.
Long-Term Debt & Capital Lease Obligation was £49.4 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)
=(33.262 / 172.533) / (30.435 / 163.927)
=0.192786 / 0.185662
=1.0384

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)
=(104.863 / 163.927) / (110.417 / 172.533)
=0.639693 / 0.639976
=0.9996

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 - (44.275 + 47.223) / 272.423) / (1 - (42.78 + 46.706) / 268.158)
=0.664133 / 0.666294
=0.9968

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
=172.533 / 163.927
=1.0525

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))
=(15.528 / (15.528 + 46.706)) / (17.233 / (17.233 + 47.223))
=0.24951 / 0.267361
=0.9332

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)
=(0 / 172.533) / (0 / 163.927)
=0 / 0
=1

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)
=((54.618 + 41.881) / 272.423) / ((49.418 + 47.937) / 268.158)
=0.354225 / 0.363051
=0.9757

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
=(12.846 - 0 - 27.684) / 272.423
=-0.054467

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.

Foxtons Group has a M-score of -2.65 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 -2.65 mean?
Foxtons Group (LSE:FOXT) has a Beneish M-Score of -2.65 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Foxtons Group and its competitors. According to the industry distribution chart, Foxtons Group ranks #512 out of 1681 companies in the Real Estate industry, placing it in the top 30.5%.
Is Foxtons Group's Beneish M-Score too high?
Foxtons Group's current Beneish M-Score is -2.65. Based on the distribution chart, Foxtons Group ranks #512 out of 1681 companies in the Real Estate industry, which is above the industry midpoint. Overall, Foxtons Group has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Foxtons Group's Beneish M-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Foxtons Group ranks #512 out of 1681 companies for Beneish M-Score. This puts Foxtons Group 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 Real Estate company?
A good Beneish M-Score depends on the Real Estate 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 Foxtons Group and its competitors. Foxtons Group's current Beneish M-Score is -2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foxtons Group stock overvalued right now?
Based on GuruFocus' analysis, Foxtons Group (LSE:FOXT) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.62, compared to a current price of £0.45 — trading 27.4% below its estimated fair value. The current Beneish M-Score is -2.65. Foxtons Group's overall GF Score™ is 57/100 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 Foxtons Group (LSE:FOXT), the current Beneish M-Score is -2.65 as of Jun. 24, 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 Foxtons Group (LSE:FOXT) Overvalued in 2026?

Based on GuruFocus' analysis, Foxtons Group stock appears to be undervalued. The current stock price of £0.45 is trading 27.4% below its estimated GF Value™ of £0.62. GuruFocus considers Foxtons Group to be Modestly Undervalued.

Key valuation signals for LSE:FOXT:

  • Beneish M-Score: -2.65
  • GF Value™: £0.62 vs. price of £0.45 (27.4% below fair value)
  • GF Score™: 57/100 with 4 warning signs

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


Foxtons Group Business Description

Other Exchanges FOXTl:UK
Address 566 Chiswick High Road, Building 12, Chiswick Park, London, GBR, W4 5BE
Foxtons Group PLC is an estate agency, providing residential property sales and lettings services in the United Kingdom. The company operates in three segments: Sales, Lettings, and Financial Services. The sales segment generates a commission on sales of residential property. The letting segment earns fees from letting and management of residential properties and income from interest earned on tenant's deposits. The Financial Services segment generates commission from the arrangement of mortgages and related products under contracts with financial service providers and receives administration fees from clients. The majority of its revenue comes from the Letting segment.
57GF Score

Get the complete analysis for LSE:FOXT

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

£0.45
Price
£0.62
GF Value