Genuine Parts Co (MEX:GPC) Beneish M-Score: -2.58 (As of Aug. 12, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:GPC Genuine Parts Co MEX:GPC
70 GF Score
Price MXN2,550.00
GF Value MXN2,631.36
! 7 Warning Signs
View Full Analysis

What is Genuine Parts Co Beneish M-Score?

Genuine Parts Co MEX:GPC 70 Beneish M-Score is -2.58 as of Aug. 12, 2026. GuruFocus rates MEX:GPC with a GF Score™ of 70/100 and a GF Value™ of MXN2,631.36. The stock has 7 warning signs investors should review. Among 1,274 Vehicles & Parts companies, Genuine Parts Co ranks better than 54.08% 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 -2.58 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

MEX:GPC' s Beneish M-Score Range Over the Past 10 Years
Min: -3.4   Med: -2.5   Max: -2.1
Current: -2.58

During the past 13 years, the highest Beneish M-Score of Genuine Parts Co was -2.10. The lowest was -3.40. And the median was -2.50.


Genuine Parts Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Genuine Parts 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.

Genuine Parts Co Beneish M-Score Chart

Genuine Parts Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.52 -2.37 -2.52 -2.17 -2.45

Genuine Parts Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -2.45 -2.35 -2.45 -2.53 -2.58

MEX:GPC vs BWA, MOD, APTV: Beneish M-Score Comparison

For the Auto Parts subindustry, Genuine Parts 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.


Genuine Parts Co Beneish M-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Genuine Parts Co's Beneish M-Score distribution charts can be found below:

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


MEX:GPC
70GF Score
Genuine Parts Co MEX:GPC
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Genuine Parts 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 Genuine Parts 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 * 0.9406+0.528 * 0.9989+0.404 * 0.947+0.892 * 0.9496+0.115 * 0.8825
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0223+4.679 * -0.006201-0.327 * 1.0119
=-2.65

* 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 (Jun26) TTM:Last Year (Jun25) TTM:
Total Receivables was MXN60,047 Mil.
Revenue was 114063.258 + 112973.784 + 108203.724 + 114838.948 = MXN450,080 Mil.
Gross Profit was 43111.366 + 42177.836 + 37834.009 + 42951.147 = MXN166,074 Mil.
Total Current Assets was MXN193,085 Mil.
Total Assets was MXN367,446 Mil.
Property, Plant and Equipment(Net PPE) was MXN72,778 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN10,151 Mil.
Selling, General, & Admin. Expense(SGA) was MXN133,638 Mil.
Total Current Liabilities was MXN166,604 Mil.
Long-Term Debt & Capital Lease Obligation was MXN98,592 Mil.
Net Income was 3970.66 + 3399.795 + -10974.438 + 4148.926 = MXN545 Mil.
Non Operating Income was -1184.002 + -985.613 + -14984.362 + -1267.456 = MXN-18,421 Mil.
Cash Flow from Operations was 6983.055 + 1152.578 + 6843.48 + 6265.902 = MXN21,245 Mil.
Total Receivables was MXN67,230 Mil.
Revenue was 116071.191 + 120009.213 + 120340.997 + 117554.99 = MXN473,976 Mil.
Gross Profit was 43766.367 + 44469.662 + 43175.804 + 43287.963 = MXN174,700 Mil.
Total Current Assets was MXN197,212 Mil.
Total Assets was MXN384,701 Mil.
Property, Plant and Equipment(Net PPE) was MXN75,181 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN9,104 Mil.
Selling, General, & Admin. Expense(SGA) was MXN137,657 Mil.
Total Current Liabilities was MXN173,476 Mil.
Long-Term Debt & Capital Lease Obligation was MXN100,907 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)
=(60046.965 / 450079.714) / (67230.355 / 473976.391)
=0.133414 / 0.141843
=0.9406

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)
=(174699.796 / 473976.391) / (166074.358 / 450079.714)
=0.368583 / 0.368989
=0.9989

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 - (193085.068 + 72777.633) / 367446.155) / (1 - (197212.334 + 75180.684) / 384700.647)
=0.276458 / 0.291935
=0.947

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
=450079.714 / 473976.391
=0.9496

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))
=(9104.354 / (9104.354 + 75180.684)) / (10150.566 / (10150.566 + 72777.633))
=0.108019 / 0.122402
=0.8825

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)
=(133637.523 / 450079.714) / (137657.132 / 473976.391)
=0.29692 / 0.29043
=1.0223

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)
=((98592.277 + 166604.221) / 367446.155) / ((100907.17 + 173476.206) / 384700.647)
=0.721729 / 0.713239
=1.0119

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
=(544.943 - -18421.433 - 21245.015) / 367446.155
=-0.006201

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.

Genuine Parts Co has a M-score of -2.65 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 -2.58 mean?
Genuine Parts Co (MEX:GPC) has a Beneish M-Score of -2.58 as of Aug. 12, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Genuine Parts Co and its competitors. According to the industry distribution chart, Genuine Parts Co ranks #585 out of 1274 companies in the Vehicles & Parts industry, placing it in the top 45.9%.
Is Genuine Parts Co's Beneish M-Score too high?
Genuine Parts Co's current Beneish M-Score is -2.58. Based on the distribution chart, Genuine Parts Co ranks #585 out of 1274 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Genuine Parts Co has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Genuine Parts Co's Beneish M-Score compare to BWA and MOD?
According to the Vehicles & Parts industry distribution chart, Genuine Parts Co ranks #585 out of 1274 companies for Beneish M-Score. This puts Genuine Parts 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 a Vehicles & Parts company?
A good Beneish M-Score depends on the Vehicles & Parts 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 Genuine Parts Co and its competitors. Genuine Parts Co's current Beneish M-Score is -2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genuine Parts Co stock overvalued right now?
Genuine Parts Co (MEX:GPC) has a current Beneish M-Score of -2.58. The stock's GF Value™ is MXN2,631.36, compared to a current price of MXN2,550.00 — trading 3.1% below its estimated fair value. The current Beneish M-Score is -2.58. Genuine Parts Co's overall GF Score™ is 70/100 with 7 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 Genuine Parts Co (MEX:GPC), the current Beneish M-Score is -2.58 as of Aug. 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 Genuine Parts Co (MEX:GPC) Overvalued in 2026?

Based on GuruFocus' analysis, Genuine Parts Co stock appears to be undervalued. The current stock price of MXN2,550.00 is trading 3.1% below its estimated GF Value™ of MXN2,631.36.

Key valuation signals for MEX:GPC:

  • Beneish M-Score: -2.58
  • GF Value™: MXN2,631.36 vs. price of MXN2,550.00 (3.1% below fair value)
  • GF Score™: 70/100 with 7 warning signs

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


Genuine Parts Co Business Description

Other Exchanges GPC:USA0IUX:UKGPT:Germany
Address 2999 Wildwood Parkway, Atlanta, GA, USA, 30339
Genuine Parts sells aftermarket automotive parts (60% of sales) and industrial products (40% of sales) in the United States and internationally. The automotive segment primarily acts as a distributor to its network of 9,800 global retail locations, of which about two-thirds are independently owned and operated. We estimate Genuine serves around 6,000 retail locations in the US operating under the Napa Auto Parts brand, with about 80% of end-market sales derived from professional customers. Its industrial segment, primarily operating under the Motion name in the United States, is a leading distributor of bearings, power transmission, and other industrial products to more than 200,000 maintenance, repair, and original equipment manufacturer customers.
70GF Score

Get the complete analysis for MEX:GPC

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

MXN2,550.00
Price
MXN2,631.36
GF Value