Bed Bath & Beyond (MEX:BBBY) Beneish M-Score: -2.44 (As of Jun. 25, 2026)


MEX:BBBY Bed Bath & Beyond Inc MEX:BBBY
64 GF Score
Price MXN103.00
GF Value MXN96.39
Valuation Fairly Valued
! 3 Warning Signs
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What is Bed Bath & Beyond Beneish M-Score?

Bed Bath & Beyond MEX:BBBY 64 Beneish M-Score is -2.44 as of Jun. 25, 2026. GuruFocus rates MEX:BBBY with a GF Score™ of 64/100 and a GF Value™ of MXN96.39 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,087 Retail - Cyclical companies, Bed Bath & Beyond ranks worse than 60.99% 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 -2.44 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Bed Bath & Beyond's Beneish M-Score or its related term are showing as below:

MEX:BBBY' s Beneish M-Score Range Over the Past 10 Years
Min: -3.93   Med: -2.78   Max: -0.45
Current: -2.44

During the past 13 years, the highest Beneish M-Score of Bed Bath & Beyond was -0.45. The lowest was -3.93. And the median was -2.78.


Bed Bath & Beyond Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Bed Bath & Beyond'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.

Bed Bath & Beyond Beneish M-Score Chart

Bed Bath & Beyond 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 -0.45 -2.29 -3.76 -3.00 -2.05

Bed Bath & Beyond 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 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 -2.35 -2.77 -2.68 -2.05 -2.44

MEX:BBBY vs LOGC, NEGG, TDUP: Beneish M-Score Comparison

For the Internet Retail subindustry, Bed Bath & Beyond'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.


Bed Bath & Beyond Beneish M-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bed Bath & Beyond's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Bed Bath & Beyond's Beneish M-Score falls into.


MEX:BBBY
64GF Score
Bed Bath & Beyond Inc MEX:BBBY
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bed Bath & Beyond 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 Bed Bath & Beyond 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 * 1.4762+0.528 * 0.9062+0.404 * 1.2078+0.892 * 0.7931+0.115 * 0.9394
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.8612+4.679 * -0.099742-0.327 * 0.8276
=-2.59

* 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was MXN433 Mil.
Revenue was 4467.692 + 4923.299 + 4717.89 + 5314.561 = MXN19,423 Mil.
Gross Profit was 1067.5 + 1211.027 + 1195.363 + 1260.973 = MXN4,735 Mil.
Total Current Assets was MXN3,547 Mil.
Total Assets was MXN7,293 Mil.
Property, Plant and Equipment(Net PPE) was MXN316 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN268 Mil.
Selling, General, & Admin. Expense(SGA) was MXN3,635 Mil.
Total Current Liabilities was MXN3,428 Mil.
Long-Term Debt & Capital Lease Obligation was MXN97 Mil.
Net Income was -295.7 + -375.869 + -82.934 + -363.648 = MXN-1,118 Mil.
Non Operating Income was 5.933 + -177.446 + 128.006 + -38.317 = MXN-82 Mil.
Cash Flow from Operations was -212.714 + -116.839 + -277.364 + 298.047 = MXN-309 Mil.
Total Receivables was MXN370 Mil.
Revenue was 4741.147 + 6322.426 + 6132.111 + 7293.306 = MXN24,489 Mil.
Gross Profit was 1189.276 + 1452.85 + 1299.068 + 1468.686 = MXN5,410 Mil.
Total Current Assets was MXN4,019 Mil.
Total Assets was MXN7,441 Mil.
Property, Plant and Equipment(Net PPE) was MXN524 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN398 Mil.
Selling, General, & Admin. Expense(SGA) was MXN5,321 Mil.
Total Current Liabilities was MXN4,217 Mil.
Long-Term Debt & Capital Lease Obligation was MXN129 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)
=(432.875 / 19423.442) / (369.721 / 24488.99)
=0.022286 / 0.015097
=1.4762

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)
=(5409.88 / 24488.99) / (4734.863 / 19423.442)
=0.220911 / 0.243771
=0.9062

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 - (3547.321 + 315.987) / 7293.398) / (1 - (4019.3 + 524.323) / 7441.159)
=0.470301 / 0.389393
=1.2078

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
=19423.442 / 24488.99
=0.7931

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))
=(397.81 / (397.81 + 524.323)) / (268.327 / (268.327 + 315.987))
=0.431402 / 0.459217
=0.9394

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)
=(3634.645 / 19423.442) / (5321.243 / 24488.99)
=0.187127 / 0.217291
=0.8612

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)
=((97.449 + 3427.962) / 7293.398) / ((128.743 + 4217.397) / 7441.159)
=0.48337 / 0.584068
=0.8276

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
=(-1118.151 - -81.824 - -308.87) / 7293.398
=-0.099742

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.

Bed Bath & Beyond has a M-score of -2.59 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 -2.44 mean?
Bed Bath & Beyond (MEX:BBBY) has a Beneish M-Score of -2.44 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Bed Bath & Beyond and its competitors. According to the industry distribution chart, Bed Bath & Beyond ranks #663 out of 1087 companies in the Retail - Cyclical industry, placing it in the top 61%.
Is Bed Bath & Beyond's Beneish M-Score too high?
Bed Bath & Beyond's current Beneish M-Score is -2.44. Based on the distribution chart, Bed Bath & Beyond ranks #663 out of 1087 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Bed Bath & Beyond has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bed Bath & Beyond's Beneish M-Score compare to LOGC and NEGG?
According to the Retail - Cyclical industry distribution chart, Bed Bath & Beyond ranks #663 out of 1087 companies for Beneish M-Score. This places Bed Bath & Beyond 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 Retail - Cyclical company?
A good Beneish M-Score depends on the Retail - Cyclical 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 Bed Bath & Beyond and its competitors. Bed Bath & Beyond's current Beneish M-Score is -2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bed Bath & Beyond stock overvalued right now?
Based on GuruFocus' analysis, Bed Bath & Beyond (MEX:BBBY) is currently considered Fairly Valued. The stock's GF Value™ is MXN96.39, compared to a current price of MXN103.00 — trading 6.9% above its estimated fair value. The current Beneish M-Score is -2.44. Bed Bath & Beyond's overall GF Score™ is 64/100 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 Bed Bath & Beyond (MEX:BBBY), the current Beneish M-Score is -2.44 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 Bed Bath & Beyond (MEX:BBBY) Overvalued in 2026?

Based on GuruFocus' analysis, Bed Bath & Beyond stock appears to be overvalued. The current stock price of MXN103.00 is trading 6.9% above its estimated GF Value™ of MXN96.39. GuruFocus considers Bed Bath & Beyond to be Fairly Valued.

Key valuation signals for MEX:BBBY:

  • Beneish M-Score: -2.44
  • GF Value™: MXN96.39 vs. price of MXN103.00 (6.9% above fair value)
  • GF Score™: 64/100 with 3 warning signs

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


Bed Bath & Beyond Business Description

Other Exchanges BBBY:USA0KDU:UKOVER:Germany
Address 433 W. Ascension Way, 3rd Floor, Murray, UT, USA, 84123
Bed Bath & Beyond Inc is an e-commerce-focused retailer with an affinity model that owns or has ownership interests in various retail brands, offering products and services that enable its customers to enhance everyday life through quality, style, and value. The company currently owns Bed Bath & Beyond, Overstock, buybuy BABY, and other related brands and websites, as well as a blockchain asset portfolio. Its e-commerce platforms, www.bedbathandbeyond.com and www.overstock.com, are targeted at customers seeking various products such as furniture, bedding, area rugs, tabletop and cookware, decor, storage, jewelry, etc, at affordable prices. In addition to products, the company also offers add-on services across platforms, including warranties, shipping insurance, and installation services.
64GF Score

Get the complete analysis for MEX:BBBY

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

MXN103.00
Price
MXN96.39
GF Value