Intuitive MachinesLUNR -2.25%52 Beneish M-Score is 182.01 as of Jun. 26, 2026, which is 3121% above its 10-year median of 5.65. GuruFocus rates LUNR with a GF Score™ of 52/100 and a GF Value™ of $7.66 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 326 Aerospace & Defense companies, Intuitive Machines ranks worse than 100% 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 182.01 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Intuitive Machines's Beneish M-Score or its related term are showing as below:
LUNR'
s Beneish M-Score Range Over the Past 10 Years
Min: 2.57 Med: 5.65 Max: 182.01
Current: 182.01
During the past 6 years, the highest Beneish M-Score of Intuitive Machines was 182.01. The lowest was 2.57. And the median was 5.65.
Intuitive Machines Beneish M-Score Related Terms
Intuitive Machines Beneish M-Score Historical Data
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The historical data trend for Intuitive Machines'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.
LUNR vs HXL, MRCY, FLY: Beneish M-Score Comparison
For the Aerospace & Defense subindustry, Intuitive Machines'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.
Intuitive Machines Beneish M-Score vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Intuitive Machines's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Intuitive Machines'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 Intuitive Machines 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 * 2.3529
+
0.528 * -0.2618
+
0.404 * 455.9358
+
0.892 * 1.5105
+
0.115 * 0.6001
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.6158
+
4.679 * 0.014842
-
0.327 * 1.7762
=
182.01
* 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))
=
(2.068 / (2.068 + 68.126))
/
(16.022 / (16.022 + 310.338))
=
0.029461
/
0.049093
=
0.6001
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
=
(-109.285 - -46.278
-
-88.505)
/
1717.947
=
0.014842
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.
Intuitive Machines has a M-score of 182.01 signals that the company is likely to be a manipulator.
Intuitive Machines (LUNR) has a Beneish M-Score of 182.01 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Intuitive Machines and its competitors. This is 3121% above median its historical median of 5.65. Over the past decade, Intuitive Machines' Beneish M-Score has ranged from 2.57 to 182.01. According to the industry distribution chart, Intuitive Machines ranks #326 out of 326 companies in the Aerospace & Defense industry.
Is Intuitive Machines' Beneish M-Score too high?
Intuitive Machines' current Beneish M-Score of 182.01 is 3121% above median its 10-year median of 5.65. Over the past 10 years, this metric has ranged from a low of 2.57 to a high of 182.01. Based on the distribution chart, Intuitive Machines ranks #326 out of 326 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Intuitive Machines has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Intuitive Machines' Beneish M-Score compare to HXL and MRCY?
According to the Aerospace & Defense industry distribution chart, Intuitive Machines ranks #326 out of 326 companies for Beneish M-Score. This places Intuitive Machines in the lower half of its industry. Historically, Intuitive Machines' own Beneish M-Score has ranged from 2.57 to 182.01 over the past decade. 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 an Aerospace & Defense company?
A good Beneish M-Score depends on the Aerospace & Defense 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 Intuitive Machines and its competitors. Intuitive Machines's current Beneish M-Score is 182.01, which is 3121% above median its own 10-year median of 5.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intuitive Machines stock overvalued right now?
Based on GuruFocus' analysis, Intuitive Machines (LUNR) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.66, compared to a current price of $18.73 — trading 144.5% above its estimated fair value. The current Beneish M-Score is 182.01, which is 3121% above median its 10-year median of 5.65. Intuitive Machines' overall GF Score™ is 52/100 with 7 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 Intuitive Machines (LUNR), the current Beneish M-Score is 182.01 as of Jun. 26, 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 Intuitive Machines (LUNR) Overvalued in 2026?
Based on GuruFocus' analysis, Intuitive Machines stock appears to be overvalued.
The current stock price of $18.73 is trading 144.5% above its estimated GF Value™ of $7.66.
GuruFocus considers Intuitive Machines to be Significantly Overvalued.
Key valuation signals for LUNR:
Beneish M-Score: 182.01 (3121% above median its 10-year median of 5.65)
GF Value™: $7.66 vs. price of $18.73 (144.5% above fair value)
No single metric tells the full story. See the LUNR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Intuitive Machines Inc is a space infrastructure and services company focused on enabling sustained human activity beyond Earth. It designs, builds, integrates, and operates space systems, offering infrastructure-as-a-service across low Earth orbit, geostationary orbit, cislunar space, and deep space. Its capabilities include spacecraft development and space-based network connectivity, serving commercial, civil, and national security customers. The company conducts sales both directly and through an extensive customer and partner network spanning North America, South America, Europe, Asia, and Australia, including rideshare delivery providers, lunar surface mobility providers, payload providers, communication satellite providers, and ground segment providers.
52GF Score
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