Sprinklr (MEX:CXM) Beneish M-Score: -3.12 (As of Jun. 28, 2026)


MEX:CXM Sprinklr Inc MEX:CXM
55 GF Score
Price MXN144.30
GF Value MXN292.79
! 4 Warning Signs
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What is Sprinklr Beneish M-Score?

Sprinklr MEX:CXM 55 Beneish M-Score is -3.12 as of Jun. 28, 2026. GuruFocus rates MEX:CXM with a GF Score™ of 55/100 and a GF Value™ of MXN292.79. The stock has 4 warning signs investors should review. Among 2,632 Software companies, Sprinklr ranks better than 80.66% 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 -3.12 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

MEX:CXM' s Beneish M-Score Range Over the Past 10 Years
Min: -3.12   Med: -2.52   Max: -2.09
Current: -3.12

During the past 7 years, the highest Beneish M-Score of Sprinklr was -2.09. The lowest was -3.12. And the median was -2.52.


Sprinklr Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Sprinklr'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.

Sprinklr Beneish M-Score Chart

Sprinklr Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Beneish M-Score
Get a 7-Day Free Trial -2.48 -2.56 -2.31 -2.09 -3.05

Sprinklr Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -2.27 -2.32 -2.52 -3.05 -3.12

MEX:CXM vs BLKB, KARO, VIA: Beneish M-Score Comparison

For the Software - Application subindustry, Sprinklr'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.


Sprinklr Beneish M-Score vs Software Industry

For the Software industry and Technology sector, Sprinklr's Beneish M-Score distribution charts can be found below:

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


MEX:CXM
55GF Score
Sprinklr Inc MEX:CXM
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sprinklr 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 Sprinklr 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 * 0.8521+0.528 * 1.0702+0.404 * 1.0849+0.892 * 0.9892+0.115 * 0.9594
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.8927+4.679 * -0.137513-0.327 * 1.1573
=-3.24

* 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 (Apr26) TTM:Last Year (Apr25) TTM:
Total Receivables was MXN3,429 Mil.
Revenue was 3844.416 + 3827.117 + 4062.945 + 3985.716 = MXN15,720 Mil.
Gross Profit was 2505.345 + 2512.63 + 2698.256 + 2718.084 = MXN10,434 Mil.
Total Current Assets was MXN13,055 Mil.
Total Assets was MXN18,599 Mil.
Property, Plant and Equipment(Net PPE) was MXN1,309 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN337 Mil.
Selling, General, & Admin. Expense(SGA) was MXN7,745 Mil.
Total Current Liabilities was MXN9,107 Mil.
Long-Term Debt & Capital Lease Obligation was MXN629 Mil.
Net Income was 73.235 + 155.346 + 53.859 + 237.124 = MXN520 Mil.
Non Operating Income was 111.105 + 94.762 + 97.054 + 158.891 = MXN462 Mil.
Cash Flow from Operations was 1232.713 + 358.523 + 370.207 + 653.966 = MXN2,615 Mil.
Total Receivables was MXN4,069 Mil.
Revenue was 4026.033 + 4178.177 + 4020.082 + 3667.576 = MXN15,892 Mil.
Gross Profit was 2799.004 + 2964.882 + 2861.285 + 2663.924 = MXN11,289 Mil.
Total Current Assets was MXN16,891 Mil.
Total Assets was MXN23,304 Mil.
Property, Plant and Equipment(Net PPE) was MXN1,522 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN372 Mil.
Selling, General, & Admin. Expense(SGA) was MXN8,770 Mil.
Total Current Liabilities was MXN9,707 Mil.
Long-Term Debt & Capital Lease Obligation was MXN833 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)
=(3429.477 / 15720.194) / (4068.879 / 15891.868)
=0.218157 / 0.256035
=0.8521

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)
=(11289.095 / 15891.868) / (10434.315 / 15720.194)
=0.710369 / 0.663752
=1.0702

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 - (13054.662 + 1309.364) / 18599.418) / (1 - (16891.137 + 1521.644) / 23304.127)
=0.227716 / 0.209892
=1.0849

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
=15720.194 / 15891.868
=0.9892

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))
=(371.828 / (371.828 + 1521.644)) / (337 / (337 + 1309.364))
=0.196374 / 0.204693
=0.9594

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)
=(7744.508 / 15720.194) / (8769.9 / 15891.868)
=0.492647 / 0.551848
=0.8927

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)
=((629.371 + 9106.55) / 18599.418) / ((833.026 + 9707.245) / 23304.127)
=0.523453 / 0.452292
=1.1573

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
=(519.564 - 461.812 - 2615.409) / 18599.418
=-0.137513

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.

Sprinklr has a M-score of -3.24 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 -3.12 mean?
Sprinklr (MEX:CXM) has a Beneish M-Score of -3.12 as of Jun. 28, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Sprinklr and its competitors. According to the industry distribution chart, Sprinklr ranks #509 out of 2632 companies in the Software industry, placing it in the top 19.3%.
Is Sprinklr's Beneish M-Score too high?
Sprinklr's current Beneish M-Score is -3.12. Based on the distribution chart, Sprinklr ranks #509 out of 2632 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Sprinklr has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Sprinklr's Beneish M-Score compare to BLKB and KARO?
According to the Software industry distribution chart, Sprinklr ranks #509 out of 2632 companies for Beneish M-Score. This places Sprinklr in the top 19% of its industry — outperforming the majority of peers. 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 Software company?
A good Beneish M-Score depends on the Software 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 Sprinklr and its competitors. Sprinklr's current Beneish M-Score is -3.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sprinklr stock overvalued right now?
Sprinklr (MEX:CXM) has a current Beneish M-Score of -3.12. The stock's GF Value™ is MXN292.79, compared to a current price of MXN144.30 — trading 50.7% below its estimated fair value. The current Beneish M-Score is -3.12. Sprinklr's overall GF Score™ is 55/100 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 Sprinklr (MEX:CXM), the current Beneish M-Score is -3.12 as of Jun. 28, 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 Sprinklr (MEX:CXM) Overvalued in 2026?

Based on GuruFocus' analysis, Sprinklr stock appears to be undervalued. The current stock price of MXN144.30 is trading 50.7% below its estimated GF Value™ of MXN292.79.

Key valuation signals for MEX:CXM:

  • Beneish M-Score: -3.12
  • GF Value™: MXN292.79 vs. price of MXN144.30 (50.7% below fair value)
  • GF Score™: 55/100 with 4 warning signs

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


Sprinklr Business Description

Other Exchanges CXM:USA9EI:Germany
Address 441 9th Avenue, 12th floor, New York, NY, USA, 10001
Sprinklr Inc is engaged in enabling customer-facing teams, from Customer Service to Marketing, to collaborate across internal silos, communicate across digital channels, and leverage AI to deliver customer experiences at scale, all on one unified AI-based platform. It focuses on empowering companies to deliver next-generation, unified engagement journeys that reimagine the customer's experience. Its products include Sprinklr Service, Sprinklr Social, Sprinklr Insights, and Sprinklr Marketing. The company operates in the Americas, EMEA, and other countries. It derives maximum revenue from the Americas.
55GF Score

Get the complete analysis for MEX:CXM

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

MXN144.30
Price
MXN292.79
GF Value