Emerson Electric Co (MEX:EMR) Beneish M-Score: -2.47 (As of Jun. 24, 2026)


MEX:EMR Emerson Electric Co MEX:EMR
76 GF Score
Price MXN2,439.00
GF Value MXN2,162.30
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Emerson Electric Co Beneish M-Score?

Emerson Electric Co MEX:EMR 76 Beneish M-Score is -2.47 as of Jun. 24, 2026. GuruFocus rates MEX:EMR with a GF Score™ of 76/100 and a GF Value™ of MXN2,162.30 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,926 Industrial Products companies, Emerson Electric Co ranks better than 51.23% 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 -2.47 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

MEX:EMR' s Beneish M-Score Range Over the Past 10 Years
Min: -3.06   Med: -2.57   Max: -1.01
Current: -2.47

During the past 13 years, the highest Beneish M-Score of Emerson Electric Co was -1.01. The lowest was -3.06. And the median was -2.57.


Emerson Electric Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Emerson Electric 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.

Emerson Electric Co Beneish M-Score Chart

Emerson Electric Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.54 -2.55 -1.01 -2.41 -2.62

Emerson Electric 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 -2.67 -2.61 -2.62 -2.57 -2.47

MEX:EMR vs CMI, ITW, PH: Beneish M-Score Comparison

For the Specialty Industrial Machinery subindustry, Emerson Electric 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.


Emerson Electric Co Beneish M-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Emerson Electric Co's Beneish M-Score distribution charts can be found below:

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


MEX:EMR
76GF Score
Emerson Electric Co MEX:EMR
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emerson Electric 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 Emerson Electric 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 * 0.9985+0.528 * 1.0026+0.404 * 0.9555+0.892 * 0.9609+0.115 * 1.2092
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9754+4.679 * -0.022324-0.327 * 0.9592
=-2.60

* 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 MXN56,947 Mil.
Revenue was 82265.177 + 78252.772 + 89061.091 + 85729.348 = MXN335,308 Mil.
Gross Profit was 43675.199 + 41611.173 + 46209.04 + 45058.276 = MXN176,554 Mil.
Total Current Assets was MXN166,821 Mil.
Total Assets was MXN758,960 Mil.
Property, Plant and Equipment(Net PPE) was MXN63,601 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN27,075 Mil.
Selling, General, & Admin. Expense(SGA) was MXN94,330 Mil.
Total Current Liabilities was MXN192,120 Mil.
Long-Term Debt & Capital Lease Obligation was MXN146,227 Mil.
Net Income was 11144.209 + 10893.449 + 11666.911 + 11033.911 = MXN44,738 Mil.
Non Operating Income was -432.785 + 18.006 + -1724.355 + -1487.507 = MXN-3,627 Mil.
Cash Flow from Operations was 14047.473 + 12585.984 + 18527.642 + 20147.244 = MXN65,308 Mil.
Total Receivables was MXN59,349 Mil.
Revenue was 90670.742 + 87072.547 + 90949.496 + 80242.051 = MXN348,935 Mil.
Gross Profit was 48506.392 + 46612.489 + 46685.701 + 42392.718 = MXN184,197 Mil.
Total Current Assets was MXN176,493 Mil.
Total Assets was MXN858,794 Mil.
Property, Plant and Equipment(Net PPE) was MXN56,403 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN31,871 Mil.
Selling, General, & Admin. Expense(SGA) was MXN100,641 Mil.
Total Current Liabilities was MXN221,890 Mil.
Long-Term Debt & Capital Lease Obligation was MXN177,250 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)
=(56947.267 / 335308.388) / (59349.238 / 348934.836)
=0.169835 / 0.170087
=0.9985

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)
=(184197.3 / 348934.836) / (176553.688 / 335308.388)
=0.527885 / 0.526541
=1.0026

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 - (166820.508 + 63601.333) / 758960.278) / (1 - (176492.892 + 56403.257) / 858794.32)
=0.696398 / 0.72881
=0.9555

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
=335308.388 / 348934.836
=0.9609

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))
=(31871.233 / (31871.233 + 56403.257)) / (27075.026 / (27075.026 + 63601.333))
=0.361047 / 0.29859
=1.2092

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)
=(94329.665 / 335308.388) / (100641.402 / 348934.836)
=0.281322 / 0.288425
=0.9754

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)
=((146227.164 + 192120.386) / 758960.278) / ((177249.845 + 221889.637) / 858794.32)
=0.445804 / 0.464767
=0.9592

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
=(44738.48 - -3626.641 - 65308.343) / 758960.278
=-0.022324

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.

Emerson Electric Co has a M-score of -2.60 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 -2.47 mean?
Emerson Electric Co (MEX:EMR) has a Beneish M-Score of -2.47 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Emerson Electric Co and its competitors. According to the industry distribution chart, Emerson Electric Co ranks #1427 out of 2926 companies in the Industrial Products industry, placing it in the top 48.8%.
Is Emerson Electric Co's Beneish M-Score too high?
Emerson Electric Co's current Beneish M-Score is -2.47. Based on the distribution chart, Emerson Electric Co ranks #1427 out of 2926 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Emerson Electric Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emerson Electric Co's Beneish M-Score compare to CMI and ITW?
According to the Industrial Products industry distribution chart, Emerson Electric Co ranks #1427 out of 2926 companies for Beneish M-Score. This puts Emerson Electric Co 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 Industrial Products company?
A good Beneish M-Score depends on the Industrial Products 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 Emerson Electric Co and its competitors. Emerson Electric Co's current Beneish M-Score is -2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerson Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Emerson Electric Co (MEX:EMR) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN2,162.30, compared to a current price of MXN2,439.00 — trading 12.8% above its estimated fair value. The current Beneish M-Score is -2.47. Emerson Electric Co's overall GF Score™ is 76/100 with 6 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 Emerson Electric Co (MEX:EMR), the current Beneish M-Score is -2.47 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 Emerson Electric Co (MEX:EMR) Overvalued in 2026?

Based on GuruFocus' analysis, Emerson Electric Co stock appears to be overvalued. The current stock price of MXN2,439.00 is trading 12.8% above its estimated GF Value™ of MXN2,162.30. GuruFocus considers Emerson Electric Co to be Modestly Overvalued.

Key valuation signals for MEX:EMR:

  • Beneish M-Score: -2.47
  • GF Value™: MXN2,162.30 vs. price of MXN2,439.00 (12.8% above fair value)
  • GF Score™: 76/100 with 6 warning signs

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


Emerson Electric Co Business Description

Address 8027 Forsyth Boulevard, St. Louis, MO, USA, 63105
Founded in 1890 as the first manufacturer of electric fans in North America, Emerson Electric has become a leading industrial automation player through the acquisition of established brands. Emerson organizes its business into seven segments that sell a wide range of automation software, power tools, and automation hardware such as valves, gauges, and switches. In recent years, Emerson divested its climate technology and consumer businesses to become more of a pure-play industrial automation company. The automation of a factory is an enticing long-term proposition for manufacturers, helping reduce accident rates and raise uptime and productivity.
76GF Score

Get the complete analysis for MEX:EMR

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

MXN2,439.00
Price
MXN2,162.30
GF Value