Kenvue (MEX:KVUE) Beneish M-Score: -2.47 (As of Jun. 26, 2026)


MEX:KVUE Kenvue Inc MEX:KVUE
49 GF Score
Price MXN331.00
GF Value MXN355.62
Valuation Fairly Valued
! 6 Warning Signs
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What is Kenvue Beneish M-Score?

Kenvue MEX:KVUE +0.21% 49 Beneish M-Score is -2.47 as of Jun. 26, 2026. GuruFocus rates MEX:KVUE with a GF Score™ of 49/100 and a GF Value™ of MXN355.62 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,849 Consumer Packaged Goods companies, Kenvue ranks worse than 54.52% 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 Kenvue's Beneish M-Score or its related term are showing as below:

MEX:KVUE' s Beneish M-Score Range Over the Past 10 Years
Min: -3.33   Med: -2.51   Max: -2.45
Current: -2.47

During the past 7 years, the highest Beneish M-Score of Kenvue was -2.45. The lowest was -3.33. And the median was -2.51.


Kenvue Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Kenvue'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.

Kenvue Beneish M-Score Chart

Kenvue Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 0.00 -3.33 -2.50 -2.45

Kenvue Quarterly Data
Dec20 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 -2.51 -2.52 -2.49 -2.45 -2.47

MEX:KVUE vs KMB, EL, CHD: Beneish M-Score Comparison

For the Household & Personal Products subindustry, Kenvue'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.


Kenvue Beneish M-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kenvue's Beneish M-Score distribution charts can be found below:

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


MEX:KVUE
49GF Score
Kenvue Inc MEX:KVUE
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kenvue 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 Kenvue 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 * 0.986+0.528 * 0.9939+0.404 * 0.9899+0.892 * 0.9238+0.115 * 1.139
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9546+4.679 * -0.011013-0.327 * 0.979
=-2.59

* 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 MXN52,493 Mil.
Revenue was 70489.824 + 68061.546 + 69047.569 + 72285.299 = MXN279,884 Mil.
Gross Profit was 41511.275 + 38478.181 + 40834.189 + 42572.821 = MXN163,396 Mil.
Total Current Assets was MXN104,499 Mil.
Total Assets was MXN484,250 Mil.
Property, Plant and Equipment(Net PPE) was MXN39,816 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN10,324 Mil.
Selling, General, & Admin. Expense(SGA) was MXN109,896 Mil.
Total Current Liabilities was MXN106,321 Mil.
Long-Term Debt & Capital Lease Obligation was MXN129,312 Mil.
Net Income was 8547.5 + 5941.881 + 7300.992 + 7908.264 = MXN29,699 Mil.
Non Operating Income was -1280.322 + -1926.61 + -1724.355 + -1318.044 = MXN-6,249 Mil.
Cash Flow from Operations was 8817.99 + 15376.868 + 5393.195 + 11692.933 = MXN41,281 Mil.
Total Receivables was MXN57,631 Mil.
Revenue was 76534.126 + 76373.573 + 76772.48 + 73280.412 = MXN302,961 Mil.
Gross Profit was 44353.378 + 43171.299 + 44933.265 + 43327.044 = MXN175,785 Mil.
Total Current Assets was MXN116,816 Mil.
Total Assets was MXN537,171 Mil.
Property, Plant and Equipment(Net PPE) was MXN39,423 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN12,077 Mil.
Selling, General, & Admin. Expense(SGA) was MXN124,620 Mil.
Total Current Liabilities was MXN136,374 Mil.
Long-Term Debt & Capital Lease Obligation was MXN130,626 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)
=(52493.19 / 279884.238) / (57630.749 / 302960.591)
=0.187553 / 0.190225
=0.986

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)
=(175784.986 / 302960.591) / (163396.466 / 279884.238)
=0.580224 / 0.5838
=0.9939

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 - (104499.497 + 39816.202) / 484250.126) / (1 - (116816.322 + 39422.951) / 537170.958)
=0.701981 / 0.709144
=0.9899

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
=279884.238 / 302960.591
=0.9238

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))
=(12077.44 / (12077.44 + 39422.951)) / (10323.741 / (10323.741 + 39816.202))
=0.234512 / 0.205899
=1.139

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)
=(109895.81 / 279884.238) / (124620.061 / 302960.591)
=0.392647 / 0.411341
=0.9546

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)
=((129312.492 + 106320.799) / 484250.126) / ((130625.607 + 136374.361) / 537170.958)
=0.486594 / 0.497048
=0.979

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
=(29698.637 - -6249.331 - 41280.986) / 484250.126
=-0.011013

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.

Kenvue has a M-score of -2.59 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?
Kenvue (MEX:KVUE) has a Beneish M-Score of -2.47 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Kenvue and its competitors. According to the industry distribution chart, Kenvue ranks #1008 out of 1849 companies in the Consumer Packaged Goods industry, placing it in the top 54.5%.
Is Kenvue's Beneish M-Score too high?
Kenvue's current Beneish M-Score is -2.47. Based on the distribution chart, Kenvue ranks #1008 out of 1849 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Kenvue has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kenvue's Beneish M-Score compare to KMB and EL?
According to the Consumer Packaged Goods industry distribution chart, Kenvue ranks #1008 out of 1849 companies for Beneish M-Score. This places Kenvue 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 Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods 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 Kenvue and its competitors. Kenvue'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 Kenvue stock overvalued right now?
Based on GuruFocus' analysis, Kenvue (MEX:KVUE) is currently considered Fairly Valued. The stock's GF Value™ is MXN355.62, compared to a current price of MXN331.00 — trading 6.9% below its estimated fair value. The current Beneish M-Score is -2.47. Kenvue's overall GF Score™ is 49/100 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 Kenvue (MEX:KVUE), the current Beneish M-Score is -2.47 as of Jun. 26, 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 Kenvue (MEX:KVUE) Overvalued in 2026?

Based on GuruFocus' analysis, Kenvue stock appears to be undervalued. The current stock price of MXN331.00 is trading 6.9% below its estimated GF Value™ of MXN355.62. GuruFocus considers Kenvue to be Fairly Valued.

Key valuation signals for MEX:KVUE:

  • Beneish M-Score: -2.47
  • GF Value™: MXN355.62 vs. price of MXN331.00 (6.9% below fair value)
  • GF Score™: 49/100 with 6 warning signs

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


Kenvue Business Description

Address 1 Kenvue Way, Summit, NJ, USA, 07901
Kenvue is the world's largest pure-play consumer health company by sales, generating over $15 billion in annual revenue. Formerly known as Johnson & Johnson's consumer segment, Kenvue spun off and went public in May 2023. It operates in a variety of categories within consumer health, such as cough, cold, and allergy care, pain management, face and body care, and oral care, as well as women's health. Its portfolio has some of the most well-known brands in the space, including Tylenol, Listerine, Johnson's, Aveeno, and Neutrogena. Kenvue announced in November 2025 that it signed a deal to be fully acquired by Kimberly-Clark, with the deal expected to close during the second half of 2026.
49GF Score

Get the complete analysis for MEX:KVUE

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

MXN331.00
Price
MXN355.62
GF Value