Clorox Co (MEX:CLX) Beneish M-Score: -2.30 (As of Jun. 24, 2026)


MEX:CLX Clorox Co MEX:CLX
67 GF Score
Price MXN1,700.00
GF Value MXN2,453.29
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Clorox Co Beneish M-Score?

Clorox Co MEX:CLX 67 Beneish M-Score is -2.30 as of Jun. 24, 2026. GuruFocus rates MEX:CLX with a GF Score™ of 67/100 and a GF Value™ of MXN2,453.29 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,849 Consumer Packaged Goods companies, Clorox Co ranks worse than 66.2% 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 -2.3 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

MEX:CLX' s Beneish M-Score Range Over the Past 10 Years
Min: -3.01   Med: -2.65   Max: -2.3
Current: -2.3

During the past 13 years, the highest Beneish M-Score of Clorox Co was -2.30. The lowest was -3.01. And the median was -2.65.


Clorox Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Clorox Co'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.

Clorox Co Beneish M-Score Chart

Clorox Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.77 -2.47 -2.99 -2.64 -2.48

Clorox Co 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 -2.89 -2.48 -2.45 -2.65 -2.30

MEX:CLX vs ELF, IPAR, COTY: Beneish M-Score Comparison

For the Household & Personal Products subindustry, Clorox Co'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.


Clorox Co Beneish M-Score vs Consumer Packaged Goods Industry

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

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


MEX:CLX
67GF Score
Clorox Co MEX:CLX
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clorox Co 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 Clorox Co 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 * 1.1103+0.528 * 1.0293+0.404 * 0.8075+0.892 * 0.8923+0.115 * 0.9381
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9354+4.679 * 0.025654-0.327 * 1.03
=-2.42

* 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 MXN12,100 Mil.
Revenue was 30114.609 + 30123.536 + 26213.862 + 37432.45 = MXN123,884 Mil.
Gross Profit was 13019.609 + 13000.115 + 10933.143 + 17398.181 = MXN54,351 Mil.
Total Current Assets was MXN47,805 Mil.
Total Assets was MXN116,058 Mil.
Property, Plant and Equipment(Net PPE) was MXN28,672 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN4,137 Mil.
Selling, General, & Admin. Expense(SGA) was MXN32,380 Mil.
Total Current Liabilities was MXN56,893 Mil.
Long-Term Debt & Capital Lease Obligation was MXN50,672 Mil.
Net Income was 3372.115 + 2826.895 + 1467.536 + 6251.294 = MXN13,918 Mil.
Non Operating Income was -90.164 + 54.017 + 146.754 + 188.292 = MXN299 Mil.
Cash Flow from Operations was -2199.989 + 5599.773 + 1706.011 + 5535.785 = MXN10,642 Mil.
Total Receivables was MXN12,214 Mil.
Revenue was 34124.278 + 35162.71 + 34694.309 + 34863.156 = MXN138,844 Mil.
Gross Profit was 15220.901 + 15391.507 + 15890.072 + 16194.971 = MXN62,697 Mil.
Total Current Assets was MXN32,529 Mil.
Total Assets was MXN112,766 Mil.
Property, Plant and Equipment(Net PPE) was MXN32,610 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN4,375 Mil.
Selling, General, & Admin. Expense(SGA) was MXN38,794 Mil.
Total Current Liabilities was MXN44,087 Mil.
Long-Term Debt & Capital Lease Obligation was MXN57,385 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)
=(12099.942 / 123884.457) / (12213.545 / 138844.453)
=0.097671 / 0.087966
=1.1103

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)
=(62697.451 / 138844.453) / (54351.048 / 123884.457)
=0.451566 / 0.438724
=1.0293

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 - (47804.688 + 28671.993) / 116058.457) / (1 - (32528.538 + 32610.371) / 112765.598)
=0.34105 / 0.422351
=0.8075

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
=123884.457 / 138844.453
=0.8923

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))
=(4374.715 / (4374.715 + 32610.371)) / (4136.75 / (4136.75 + 28671.993))
=0.118283 / 0.126087
=0.9381

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)
=(32379.569 / 123884.457) / (38793.882 / 138844.453)
=0.261369 / 0.279405
=0.9354

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)
=((50671.887 + 56893.169) / 116058.457) / ((57385.251 + 44087.421) / 112765.598)
=0.926818 / 0.899855
=1.03

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
=(13917.84 - 298.899 - 10641.58) / 116058.457
=0.025654

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.

Clorox Co has a M-score of -2.42 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 -2.30 mean?
Clorox Co (MEX:CLX) has a Beneish M-Score of -2.30 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Clorox Co and its competitors. According to the industry distribution chart, Clorox Co ranks #1224 out of 1849 companies in the Consumer Packaged Goods industry, placing it in the top 66.2%.
Is Clorox Co's Beneish M-Score too high?
Clorox Co's current Beneish M-Score is -2.30. Based on the distribution chart, Clorox Co ranks #1224 out of 1849 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Clorox Co has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clorox Co's Beneish M-Score compare to ELF and IPAR?
According to the Consumer Packaged Goods industry distribution chart, Clorox Co ranks #1224 out of 1849 companies for Beneish M-Score. This places Clorox Co 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 Clorox Co and its competitors. Clorox Co's current Beneish M-Score is -2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clorox Co stock overvalued right now?
Based on GuruFocus' analysis, Clorox Co (MEX:CLX) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN2,453.29, compared to a current price of MXN1,700.00 — trading 30.7% below its estimated fair value. The current Beneish M-Score is -2.30. Clorox Co's overall GF Score™ is 67/100 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 Clorox Co (MEX:CLX), the current Beneish M-Score is -2.30 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 Clorox Co (MEX:CLX) Overvalued in 2026?

Based on GuruFocus' analysis, Clorox Co stock appears to be undervalued. The current stock price of MXN1,700.00 is trading 30.7% below its estimated GF Value™ of MXN2,453.29. GuruFocus considers Clorox Co to be Significantly Undervalued.

Key valuation signals for MEX:CLX:

  • Beneish M-Score: -2.30
  • GF Value™: MXN2,453.29 vs. price of MXN1,700.00 (30.7% below fair value)
  • GF Score™: 67/100 with 5 warning signs

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


Clorox Co Business Description

Address 1221 Broadway, Oakland, CA, USA, 94612-1888
Since its inception more than 100 years ago, Clorox has expanded to operate in a variety of consumer product categories, including cleaning supplies, laundry care, trash bags, cat litter, charcoal, food dressings, water filtration products, and natural personal care products. Beyond its namesake brand, the firm's portfolio includes Liquid-Plumr, Pine-Sol, S.O.S, Tilex, Kingsford, Fresh Step, Glad, Hidden Valley, KC Masterpiece, Brita, and Burt's Bees. More than 80% of Clorox's sales come from its home turf.
67GF Score

Get the complete analysis for MEX:CLX

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

MXN1,700.00
Price
MXN2,453.29
GF Value