Darling IngredientsMEX:DAR 47 Beneish M-Score is -2.83 as of Jul. 12, 2026. GuruFocus rates MEX:DAR with a GF Score™ of 47/100 and a GF Value™ of MXN373.63 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,848 Consumer Packaged Goods companies, Darling Ingredients ranks better than 74.78% 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 -2.83 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Darling Ingredients's Beneish M-Score or its related term are showing as below:
MEX:DAR'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.09 Med: -2.82 Max: -2.25
Current: -2.83
During the past 13 years, the highest Beneish M-Score of Darling Ingredients was -2.25. The lowest was -3.09. And the median was -2.82.
Darling Ingredients Beneish M-Score Related Terms
Darling Ingredients Beneish M-Score Historical Data
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The historical data trend for Darling Ingredients'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.
MEX:DAR vs PPC, CPB, SFD: Beneish M-Score Comparison
For the Packaged Foods subindustry, Darling Ingredients'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.
Darling Ingredients Beneish M-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Darling Ingredients's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Darling Ingredients'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 Darling Ingredients 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 * 0.8901
+
0.528 * 0.9127
+
0.404 * 1.0045
+
0.892 * 1.0255
+
0.115 * 0.9511
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0998
+
4.679 * -0.070963
-
0.327 * 0.9899
=
-2.95
* 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))
=
(9921.838 / (9921.838 + 60495.02))
/
(9428.568 / (9428.568 + 54214.357))
=
0.140901
/
0.148148
=
0.9511
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
=
(4040.867 - 105.268
-
17552.539)
/
191887.061
=
-0.070963
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.
Darling Ingredients has a M-score of -2.95 suggests that the company is unlikely to be a manipulator.
Darling Ingredients (MEX:DAR) has a Beneish M-Score of -2.83 as of Jul. 12, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Darling Ingredients and its competitors. According to the industry distribution chart, Darling Ingredients ranks #466 out of 1848 companies in the Consumer Packaged Goods industry, placing it in the top 25.2%.
Is Darling Ingredients' Beneish M-Score too high?
Darling Ingredients' current Beneish M-Score is -2.83. Based on the distribution chart, Darling Ingredients ranks #466 out of 1848 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Darling Ingredients has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Darling Ingredients' Beneish M-Score compare to PPC and CPB?
According to the Consumer Packaged Goods industry distribution chart, Darling Ingredients ranks #466 out of 1848 companies for Beneish M-Score. This puts Darling Ingredients in the upper 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 Darling Ingredients and its competitors. Darling Ingredients's current Beneish M-Score is -2.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Darling Ingredients stock overvalued right now?
Based on GuruFocus' analysis, Darling Ingredients (MEX:DAR) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN373.63, compared to a current price of MXN1,081.40 — trading 189.4% above its estimated fair value. The current Beneish M-Score is -2.83. Darling Ingredients' overall GF Score™ is 47/100 with 10 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 Darling Ingredients (MEX:DAR), the current Beneish M-Score is -2.83 as of Jul. 12, 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 Darling Ingredients (MEX:DAR) Overvalued in 2026?
Based on GuruFocus' analysis, Darling Ingredients stock appears to be overvalued.
The current stock price of MXN1,081.40 is trading 189.4% above its estimated GF Value™ of MXN373.63.
GuruFocus considers Darling Ingredients to be Significantly Overvalued.
Key valuation signals for MEX:DAR:
Beneish M-Score: -2.83
GF Value™: MXN373.63 vs. price of MXN1,081.40 (189.4% above fair value)
No single metric tells the full story. See the MEX:DAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Darling Ingredients Inc develops and produces sustainable natural ingredients from edible and inedible bio-nutrients for the pharmaceutical, food, pet food, animal feed, industrial, fuel, bioenergy, and fertilizer industries. The Company collects and processes animal by-products and recycled oils into ingredients. It operates through three reportable segments: Feed Ingredients, which generates maximum revenue and includes the collection and processing of animal by-products, used cooking oil, bakery residuals, pet food ingredients, hides, and fertilizers; Food Ingredients, which includes collagen, natural casings, and food-grade fats; and Fuel Ingredients, which includes renewable fuels, biogas, and energy products. The Company derives the majority of its revenue from North America.
47GF Score
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