Reckitt Benckiser Group (LSE:RKT) Beneish M-Score: -2.32 (As of Jun. 25, 2026)

What is Reckitt Benckiser Group Beneish M-Score?

Reckitt Benckiser Group LSE:RKT +2.64% 72 Beneish M-Score is -2.32 as of Jun. 25, 2026. GuruFocus rates LSE:RKT with a GF Score™ of 72/100 and a GF Value™ of £54.02 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,849 Consumer Packaged Goods companies, Reckitt Benckiser Group ranks worse than 64.63% 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 -2.32 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

LSE:RKT' s Beneish M-Score Range Over the Past 10 Years
Min: -3.49 Med: -2.5 Max: -1.86
Current: -2.32

During the past 13 years, the highest Beneish M-Score of Reckitt Benckiser Group was -1.86. The lowest was -3.49. And the median was -2.50.

Reckitt Benckiser Group Beneish M-Score Related Terms

Reckitt Benckiser Group Beneish M-Score Historical Data

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The historical data trend for Reckitt Benckiser 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.

Reckitt Benckiser Group Beneish M-Score Chart

Reckitt Benckiser Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Beneish M-Score

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-2.50

-2.41

-2.69

-2.72

-2.32

Reckitt Benckiser 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															-2.69	0.00	-2.72	0.00	-2.32

LSE:RKT vs PG, CL, KVUE: Beneish M-Score Comparison

For the Household & Personal Products subindustry, Reckitt Benckiser 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.

Reckitt Benckiser Group Beneish M-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Reckitt Benckiser Group's Beneish M-Score distribution charts can be found below:

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

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72GF Score

Reckitt Benckiser Group PLC LSE:RKT

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

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Reckitt Benckiser 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 Reckitt Benckiser Group 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 * 1.0132

0.528 * 0.998

0.404 * 0.9326

0.892 * 1.0025

0.115 * 0.9761

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 1.0101

4.679 * 0.035304

0.327 * 0.9488

-2.32

This Year (Dec25) TTM:

Last Year (Dec24) TTM:

Total Receivables was £2,124 Mil.
Revenue was £14,205 Mil.
Gross Profit was £8,634 Mil.
Total Current Assets was £5,635 Mil.
Total Assets was £25,068 Mil.
Property, Plant and Equipment(Net PPE) was £2,508 Mil.
Depreciation, Depletion and Amortization(DDA) was £499 Mil.
Selling, General, & Admin. Expense(SGA) was £4,892 Mil.
Total Current Liabilities was £6,650 Mil.
Long-Term Debt & Capital Lease Obligation was £7,620 Mil.
Net Income was £3,182 Mil.
Gross Profit was £0 Mil.
Cash Flow from Operations was £2,297 Mil.

Total Receivables was £2,091 Mil.
Revenue was £14,169 Mil.
Gross Profit was £8,595 Mil.
Total Current Assets was £4,598 Mil.
Total Assets was £25,298 Mil.
Property, Plant and Equipment(Net PPE) was £2,385 Mil.
Depreciation, Depletion and Amortization(DDA) was £461 Mil.
Selling, General, & Admin. Expense(SGA) was £4,831 Mil.
Total Current Liabilities was £7,943 Mil.
Long-Term Debt & Capital Lease Obligation was £7,235 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)
	=	(2124 / 14205)	/	(2091 / 14169)
	=	0.149525	/	0.147576
	=	1.0132

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)
	=	(8595 / 14169)	/	(8634 / 14205)
	=	0.606606	/	0.607814
	=	0.998

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 - (5635 + 2508) / 25068)	/	(1 - (4598 + 2385) / 25298)
	=	0.675164	/	0.72397
	=	0.9326

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
	=	14205	/	14169
	=	1.0025

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))
	=	(461 / (461 + 2385))	/	(499 / (499 + 2508))
	=	0.161982	/	0.165946
	=	0.9761

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)
	=	(4892 / 14205)	/	(4831 / 14169)
	=	0.344386	/	0.340956
	=	1.0101

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)
	=	((7620 + 6650) / 25068)	/	((7235 + 7943) / 25298)
	=	0.569252	/	0.599968
	=	0.9488

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
	=	(3182 - 0	-	2297)	/	25068
	=	0.035304

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.

Reckitt Benckiser Group has a M-score of -2.32 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 -2.32 mean?

Reckitt Benckiser Group (LSE:RKT) has a Beneish M-Score of -2.32 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Reckitt Benckiser Group and its competitors. According to the industry distribution chart, Reckitt Benckiser Group ranks #1195 out of 1849 companies in the Consumer Packaged Goods industry, placing it in the top 64.6%.

Is Reckitt Benckiser Group's Beneish M-Score too high?

Reckitt Benckiser Group's current Beneish M-Score is -2.32. Based on the distribution chart, Reckitt Benckiser Group ranks #1195 out of 1849 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Reckitt Benckiser Group has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Reckitt Benckiser Group's Beneish M-Score compare to PG and CL?

According to the Consumer Packaged Goods industry distribution chart, Reckitt Benckiser Group ranks #1195 out of 1849 companies for Beneish M-Score. This places Reckitt Benckiser Group 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 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 Reckitt Benckiser Group and its competitors. Reckitt Benckiser Group's current Beneish M-Score is -2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Reckitt Benckiser Group stock overvalued right now?

Based on GuruFocus' analysis, Reckitt Benckiser Group (LSE:RKT) is currently considered Modestly Undervalued. The stock's GF Value™ is £54.02, compared to a current price of £47.78 — trading 11.6% below its estimated fair value. The current Beneish M-Score is -2.32. Reckitt Benckiser Group's overall GF Score™ is 72/100 with 1 warning sign 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 Reckitt Benckiser Group (LSE:RKT), the current Beneish M-Score is -2.32 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 Reckitt Benckiser Group (LSE:RKT) Overvalued in 2026?

Based on GuruFocus' analysis, Reckitt Benckiser Group stock appears to be undervalued. The current stock price of £47.78 is trading 11.6% below its estimated GF Value™ of £54.02. GuruFocus considers Reckitt Benckiser Group to be Modestly Undervalued.

Key valuation signals for LSE:RKT:

Beneish M-Score: -2.32
GF Value™: £54.02 vs. price of £47.78 (11.6% below fair value)
GF Score™: 72/100 with 1 warning sign

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

Reckitt Benckiser Group Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies LSE:PZC LSE:TBTG LSE:MCB LSE:W7L LSE:VLG LSE:REVB LSE:PAM AQSE:ALH LSE:ULVR PG XPAR:OR CL BOM:500696 KVUE KMB EL XTER:HEN3 CHD OSTO:ESSITY B XTER:BEI

Other Exchanges RBGPF:USA RBGLY:USA RB N:Mexico RKTl:UK 3RB0:Germany

Address 103-105 Bath Road, Slough, Berkshire, GBR, SL1 3UH

Website https://www.reckitt.com

Reckitt Benckiser was formed in 1999 through the merger of the British firm Reckitt & Colman and Dutch-based Benckiser. Recently rebranded under the corporate name Reckitt, it sells a portfolio that includes a variety of household and consumer health brands, such as Lysol, Finish, Durex, and Mucinex, many of which hold a number-one or number-two position in their categories globally. Reckitt has repositioned its portfolio and has entered the infant formula market through the acquisition of Mead Johnson in 2017, expanded its consumer health presence by acquiring Schiff Nutrition, K-Y, and Biofreeze, and has exited the food industry. The firm operates in 60 countries and sells products in more than 200, generating over 40% of core sales from emerging markets.

72GF Score

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

£47.78

Price

£54.02

GF Value

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