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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 -2.59 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Leonardo DRS's Beneish M-Score or its related term are showing as below:
MEX:DRS'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.65 Med: -2.52 Max: -1.71
Current: -2.59
During the past 8 years, the highest Beneish M-Score of Leonardo DRS was -1.71. The lowest was -2.65. And the median was -2.52.
Leonardo DRS Beneish M-Score Related Terms
Leonardo DRS Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Leonardo DRS'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:DRS vs HII, PL, SARO: Beneish M-Score Comparison
For the Aerospace & Defense subindustry, Leonardo DRS'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.
Leonardo DRS Beneish M-Score vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Leonardo DRS's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Leonardo DRS'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 Leonardo DRS 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 * 0.913
+
0.528 * 0.9391
+
0.404 * 1.0173
+
0.892 * 1.0146
+
0.115 * 1.0436
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.077
+
4.679 * -0.033346
-
0.327 * 0.9119
=
-2.71
* 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))
=
(1824.459 / (1824.459 + 9308.481))
/
(1719.911 / (1719.911 + 9232.742))
=
0.163879
/
0.157031
=
1.0436
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
=
(5292.167 - -73.523
-
7897.876)
/
75935.7
=
-0.033346
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.
Leonardo DRS has a M-score of -2.71 suggests that the company is unlikely to be a manipulator.
Leonardo DRS (MEX:DRS) has a Beneish M-Score of -2.59 as of Jul. 17, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Leonardo DRS and its competitors. According to the industry distribution chart, Leonardo DRS ranks #116 out of 326 companies in the Aerospace & Defense industry, placing it in the top 35.6%.
Is Leonardo DRS's Beneish M-Score too high?
Leonardo DRS's current Beneish M-Score is -2.59. Based on the distribution chart, Leonardo DRS ranks #116 out of 326 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Leonardo DRS has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Leonardo DRS's Beneish M-Score compare to HII and PL?
According to the Aerospace & Defense industry distribution chart, Leonardo DRS ranks #116 out of 326 companies for Beneish M-Score. This puts Leonardo DRS 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 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 Leonardo DRS and its competitors. Leonardo DRS's current Beneish M-Score is -2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leonardo DRS stock overvalued right now?
Leonardo DRS (MEX:DRS) has a current Beneish M-Score of -2.59. The stock's GF Value™ is MXN562.46, compared to a current price of MXN680.00 — trading 20.9% above its estimated fair value. The current Beneish M-Score is -2.59. Leonardo DRS's overall GF Score™ is 79/100 with 1 warning sign 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 Leonardo DRS (MEX:DRS), the current Beneish M-Score is -2.59 as of Jul. 17, 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 Leonardo DRS (MEX:DRS) Overvalued in 2026?
Based on GuruFocus' analysis, Leonardo DRS stock appears to be overvalued.
The current stock price of MXN680.00 is trading 20.9% above its estimated GF Value™ of MXN562.46.
Key valuation signals for MEX:DRS:
Beneish M-Score: -2.59
GF Value™: MXN562.46 vs. price of MXN680.00 (20.9% above fair value)
No single metric tells the full story. See the MEX:DRS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leonardo DRS Inc is a provider of defense products and technologies that are used across land, air, sea, space, and cyber domains. It is in the design, development, and manufacture of Advanced sensing, network computing, force protection, and electric power and propulsion technologies and solutions. The company has two segments: Advanced Sensing and Computing, which generates the majority of revenue, and the Integrated Mission Systems segment. The Advanced Sensing and Computing segment is engaged in designing, developing, and manufacturing sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision-making and execution by the customers.
79GF Score
Get the complete analysis for MEX:DRS
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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