Jack In The Box (MEX:JACK) Beneish M-Score: -2.49 (As of Jun. 24, 2026)

What is Jack In The Box Beneish M-Score?

Jack In The Box MEX:JACK 33 Beneish M-Score is -2.49 as of Jun. 24, 2026. GuruFocus rates MEX:JACK with a GF Score™ of 33/100 and a GF Value™ of MXN721.68 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 357 Restaurants companies, Jack In The Box ranks worse than 72.27% 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 Jack In The Box's Beneish M-Score or its related term are showing as below:

MEX:JACK' s Beneish M-Score Range Over the Past 10 Years
Min: -3.35 Med: -2.54 Max: -1.04
Current: -2.49

During the past 13 years, the highest Beneish M-Score of Jack In The Box was -1.04. The lowest was -3.35. And the median was -2.54.

Jack In The Box Beneish M-Score Related Terms

Jack In The Box Beneish M-Score Historical Data

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The historical data trend for Jack In The Box'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.

Jack In The Box Beneish M-Score Chart

Jack In The Box Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

Beneish M-Score

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-2.61

-1.83

-2.70

-2.49

Jack In The Box Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
Beneish M-Score	Get a 7-Day Free Trial															0.00	-2.49	0.00	-2.49	0.00

MEX:JACK vs VENU, RICK, BRCB: Beneish M-Score Comparison

For the Restaurants subindustry, Jack In The Box'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.

Jack In The Box Beneish M-Score vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jack In The Box's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Jack In The Box's Beneish M-Score falls into.

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33GF Score

Jack In The Box Inc MEX:JACK

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

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Jack In The Box 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 Jack In The Box for today is based on a combination of the following eight different indices:

-4.84

0.92 * DSRI

0.528 * GMI

0.404 * AQI

0.892 * SGI

0.115 * DEPI

-4.84

0.92 * 1.1589

0.528 * 1.0282

0.404 * 0.8241

0.892 * 0.8688

0.115 * 1.0108

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 1.1552

4.679 * -0.000506

0.327 * 1.0377

-2.55

This Year (Sep25) TTM:

Last Year (Sep24) TTM:

Total Receivables was MXN1,657 Mil.
Revenue was MXN26,880 Mil.
Gross Profit was MXN7,703 Mil.
Total Current Assets was MXN4,043 Mil.
Total Assets was MXN47,574 Mil.
Property, Plant and Equipment(Net PPE) was MXN33,296 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN1,070 Mil.
Selling, General, & Admin. Expense(SGA) was MXN2,635 Mil.
Total Current Liabilities was MXN7,899 Mil.
Long-Term Debt & Capital Lease Obligation was MXN53,823 Mil.
Net Income was MXN-1,481 Mil.
Gross Profit was MXN-4,435 Mil.
Cash Flow from Operations was MXN2,978 Mil.

Total Receivables was MXN1,645 Mil.
Revenue was MXN30,939 Mil.
Gross Profit was MXN9,116 Mil.
Total Current Assets was MXN3,569 Mil.
Total Assets was MXN53,865 Mil.
Property, Plant and Equipment(Net PPE) was MXN36,233 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN1,177 Mil.
Selling, General, & Admin. Expense(SGA) was MXN2,625 Mil.
Total Current Liabilities was MXN8,551 Mil.
Long-Term Debt & Capital Lease Obligation was MXN58,792 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)
	=	(1656.683 / 26880.013)	/	(1645.459 / 30939.487)
	=	0.061633	/	0.053183
	=	1.1589

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)
	=	(9116.235 / 30939.487)	/	(7703.041 / 26880.013)
	=	0.294647	/	0.286571
	=	1.0282

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 - (4042.548 + 33295.86) / 47574.234)	/	(1 - (3569.399 + 36232.554) / 53865.356)
	=	0.215155	/	0.261084
	=	0.8241

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
	=	26880.013	/	30939.487
	=	0.8688

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))
	=	(1177.007 / (1177.007 + 36232.554))	/	(1069.724 / (1069.724 + 33295.86))
	=	0.031463	/	0.031128
	=	1.0108

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)
	=	(2634.631 / 26880.013)	/	(2625.15 / 30939.487)
	=	0.098014	/	0.084848
	=	1.1552

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)
	=	((53823.057 + 7899.434) / 47574.234)	/	((58792.243 + 8550.69) / 53865.356)
	=	1.297393	/	1.250209
	=	1.0377

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
	=	(-1480.725 - -4435.004	-	2978.328)	/	47574.234
	=	-0.000506

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.

Jack In The Box has a M-score of -2.55 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 -2.49 mean?

Jack In The Box (MEX:JACK) has a Beneish M-Score of -2.49 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Jack In The Box and its competitors. According to the industry distribution chart, Jack In The Box ranks #258 out of 357 companies in the Restaurants industry, placing it in the top 72.3%.

Is Jack In The Box's Beneish M-Score too high?

Jack In The Box's current Beneish M-Score is -2.49. Based on the distribution chart, Jack In The Box ranks #258 out of 357 companies in the Restaurants industry, which is below the industry midpoint. Overall, Jack In The Box has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Jack In The Box's Beneish M-Score compare to VENU and RICK?

According to the Restaurants industry distribution chart, Jack In The Box ranks #258 out of 357 companies for Beneish M-Score. This places Jack In The Box 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 Restaurants company?

A good Beneish M-Score depends on the Restaurants 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 Jack In The Box and its competitors. Jack In The Box'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 Jack In The Box stock overvalued right now?

Based on GuruFocus' analysis, Jack In The Box (MEX:JACK) is currently considered Possible Value Trap. The stock's GF Value™ is MXN721.68, compared to a current price of MXN220.00 — trading 69.5% below its estimated fair value. The current Beneish M-Score is -2.49. Jack In The Box's overall GF Score™ is 33/100 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 Jack In The Box (MEX:JACK), the current Beneish M-Score is -2.49 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 Jack In The Box (MEX:JACK) Overvalued in 2026?

Based on GuruFocus' analysis, Jack In The Box stock appears to be undervalued. The current stock price of MXN220.00 is trading 69.5% below its estimated GF Value™ of MXN721.68. GuruFocus considers Jack In The Box to be Possible Value Trap.

Key valuation signals for MEX:JACK:

Beneish M-Score: -2.49
GF Value™: MXN721.68 vs. price of MXN220.00 (69.5% below fair value)
GF Score™: 33/100 with 5 warning signs

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

Jack In The Box Business Description

Industry Consumer Cyclical Restaurants

Comparable Companies VENU RICK BRCB PTLO MB HCHL RRGB DIN NDLS THCH MCD SBUX LSE:CPG CMG YUM TSX:QSR TSX:QSP.UN DRI YUMC TXRH

Other Exchanges JACK:USA JBX:Germany

Address 9357 Spectrum Center Boulevard, San Diego, CA, USA, 92123

Website https://www.jackinthebox.com

Jack In The Box Inc operates quick-service restaurants and fast-casual restaurants across various states in the United States of America. Its core business includes the Jack in the Box hamburger chain, known for a broad menu that features hamburgers, tacos, sandwiches, salads, and breakfast items. The company also operates the Del Taco brand, which offers a variety of both Mexican and American favorites such as burritos and fries. These foods are available with the option of customization as per customer requirements. The company also offers catering and delivery services to its customers. Jack in the Box and Del Taco restaurant brands are the two reportable operating segments, of which, Jack in the Box generates maximum revenue for the company.

33GF Score

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

MXN220.00

Price

MXN721.68

GF Value

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