Globus MedicalMEX:GMED 92 Beneish M-Score is -2.49 as of Jun. 28, 2026. GuruFocus rates MEX:GMED with a GF Score™ of 92/100 and a GF Value™ of MXN1,675.11 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 766 Medical Devices & Instruments companies, Globus Medical ranks worse than 59.66% 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 -2.49 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Globus Medical's Beneish M-Score or its related term are showing as below:
MEX:GMED'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.98 Med: -2.38 Max: -1.62
Current: -2.49
During the past 13 years, the highest Beneish M-Score of Globus Medical was -1.62. The lowest was -2.98. And the median was -2.38.
Globus Medical Beneish M-Score Related Terms
Globus Medical Beneish M-Score Historical Data
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The historical data trend for Globus Medical'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:GMED vs PODD, PEN, MASI: Beneish M-Score Comparison
For the Medical Devices subindustry, Globus Medical'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.
Globus Medical Beneish M-Score vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Globus Medical's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Globus Medical'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 Globus Medical 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 * 1.0576
+
0.528 * 0.8944
+
0.404 * 0.948
+
0.892 * 1.139
+
0.115 * 0.942
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0236
+
4.679 * -0.043728
-
0.327 * 1.0818
=
-2.62
* 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))
=
(5235.987 / (5235.987 + 12374.408))
/
(5144.885 / (5144.885 + 11155.858))
=
0.297324
/
0.315623
=
0.942
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
=
(10774.758 - 892.303
-
14171.743)
/
98089.864
=
-0.043728
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.
Globus Medical has a M-score of -2.62 suggests that the company is unlikely to be a manipulator.
Globus Medical (MEX:GMED) has a Beneish M-Score of -2.49 as of Jun. 28, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Globus Medical and its competitors. According to the industry distribution chart, Globus Medical ranks #457 out of 766 companies in the Medical Devices & Instruments industry, placing it in the top 59.7%.
Is Globus Medical's Beneish M-Score too high?
Globus Medical's current Beneish M-Score is -2.49. Based on the distribution chart, Globus Medical ranks #457 out of 766 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Globus Medical has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Globus Medical's Beneish M-Score compare to PODD and PEN?
According to the Medical Devices & Instruments industry distribution chart, Globus Medical ranks #457 out of 766 companies for Beneish M-Score. This places Globus Medical 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 Medical Devices & Instruments company?
A good Beneish M-Score depends on the Medical Devices & Instruments 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 Globus Medical and its competitors. Globus Medical's current Beneish M-Score is -2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globus Medical stock overvalued right now?
Based on GuruFocus' analysis, Globus Medical (MEX:GMED) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN1,675.11, compared to a current price of MXN1,465.00 — trading 12.5% below its estimated fair value. The current Beneish M-Score is -2.49. Globus Medical's overall GF Score™ is 92/100 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 Globus Medical (MEX:GMED), the current Beneish M-Score is -2.49 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 Globus Medical (MEX:GMED) Overvalued in 2026?
Based on GuruFocus' analysis, Globus Medical stock appears to be undervalued.
The current stock price of MXN1,465.00 is trading 12.5% below its estimated GF Value™ of MXN1,675.11.
GuruFocus considers Globus Medical to be Modestly Undervalued.
Key valuation signals for MEX:GMED:
Beneish M-Score: -2.49
GF Value™: MXN1,675.11 vs. price of MXN1,465.00 (12.5% below fair value)
No single metric tells the full story. See the MEX:GMED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Globus Medical Inc is a medical device company that develops and provides healthcare products and solutions to hospitals, physicians, and surgical centers. The firm's products are organized into two categories: musculoskeletal solutions, which include medical devices and instruments used mostly for spinal and orthopedic procedures, and enabling technologies, which include computer systems developed for enhancing surgical capabilities. The vast majority of the company's revenue is generated from musculoskeletal solutions products, and more than half of the revenue is earned in the United States. It also has its presence internationally.
92GF Score
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