Liberty Live Holdings (MEX:LLYVA1) Beneish M-Score: 23.55 (As of Jun. 27, 2026) — 122% Above Median


MEX:LLYVA1 Liberty Live Holdings Inc MEX:LLYVA1
8 GF Score
Price MXN1,737.00
! 5 Warning Signs
View Full Analysis

What is Liberty Live Holdings Beneish M-Score?

Liberty Live Holdings MEX:LLYVA1 8 Beneish M-Score is 23.55 as of Jun. 27, 2026, which is 122% above its 10-year median of 10.60. GuruFocus rates MEX:LLYVA1 with a GF Score™ of 8/100. The stock has 5 warning signs investors should review. Among 989 Media - Diversified companies, Liberty Live Holdings ranks worse than 99.19% 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.

Warning Sign:

Beneish M-Score 23.55 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Liberty Live Holdings's Beneish M-Score or its related term are showing as below:

MEX:LLYVA1' s Beneish M-Score Range Over the Past 10 Years
Min: -2.36   Med: 10.6   Max: 23.55
Current: 23.55

During the past 3 years, the highest Beneish M-Score of Liberty Live Holdings was 23.55. The lowest was -2.36. And the median was 10.60.

Liberty Live Holdings Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Liberty Live Holdings'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.

Liberty Live Holdings Beneish M-Score Chart

Liberty Live Holdings Annual Data
Trend Dec23 Dec24 Dec25
Beneish M-Score
0.00 0.00 -2.36

Liberty Live Holdings Quarterly Data
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 0.00 0.00 0.00 -2.36 23.55

MEX:LLYVA1 vs MSGS, SIRI, PSKY: Beneish M-Score Comparison

For the Entertainment subindustry, Liberty Live Holdings'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.

Liberty Live Holdings Beneish M-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Liberty Live Holdings's Beneish M-Score distribution charts can be found below:

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


MEX:LLYVA1
8GF Score
Liberty Live Holdings Inc MEX:LLYVA1
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Liberty Live Holdings 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 Liberty Live Holdings 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 * 29.8636+0.528 * 0.71+0.404 * 0.8659+0.892 * 0.9951+0.115 * 1
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.2376+4.679 * 0.009875-0.327 * 0.8923
=23.90

* 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 MXN608 Mil.
Revenue was 1147.24 + 6877.295 + 0 + 0 = MXN8,025 Mil.
Gross Profit was 215.563 + 1323.815 + 0 + 0 = MXN1,539 Mil.
Total Current Assets was MXN12,085 Mil.
Total Assets was MXN33,975 Mil.
Property, Plant and Equipment(Net PPE) was MXN0 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN469 Mil.
Selling, General, & Admin. Expense(SGA) was MXN2,121 Mil.
Total Current Liabilities was MXN38,958 Mil.
Long-Term Debt & Capital Lease Obligation was MXN0 Mil.
Net Income was -5304.102 + 2899.512 + -972.243 + -3351.598 = MXN-6,728 Mil.
Non Operating Income was -6335.933 + 4574.096 + -917.21 + -3991.79 = MXN-6,671 Mil.
Cash Flow from Operations was -155.406 + -26.198 + -220.13 + 8.624 = MXN-393 Mil.
 Total Receivables was MXN20 Mil.
Revenue was 962.742 + 7101.22 + 0 + 0 = MXN8,064 Mil.
Gross Profit was 112.725 + 985.599 + 0 + 0 = MXN1,098 Mil.
Total Current Assets was MXN6,444 Mil.
Total Assets was MXN25,184 Mil.
Property, Plant and Equipment(Net PPE) was MXN0 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN147 Mil.
Selling, General, & Admin. Expense(SGA) was MXN1,722 Mil.
Total Current Liabilities was MXN0 Mil.
Long-Term Debt & Capital Lease Obligation was MXN32,365 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)
=(607.972 / 8024.535) / (20.458 / 8063.962)
=0.075764 / 0.002537
=29.8636

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)
=(1098.324 / 8063.962) / (1539.378 / 8024.535)
=0.136202 / 0.191834
=0.71

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 - (12084.866 + 0) / 33974.959) / (1 - (6444.333 + 0) / 25184.044)
=0.644301 / 0.74411
=0.8659

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
=8024.535 / 8063.962
=0.9951

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))
=(147.115 / (147.115 + 0)) / (469.378 / (469.378 + 0))
=1 / 1
=1

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)
=(2120.775 / 8024.535) / (1721.975 / 8063.962)
=0.264286 / 0.21354
=1.2376

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)
=((0 + 38957.971) / 33974.959) / ((32364.872 + 0) / 25184.044)
=1.146667 / 1.285134
=0.8923

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
=(-6728.431 - -6670.837 - -393.11) / 33974.959
=0.009875

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.

Liberty Live Holdings has a M-score of 23.90 signals that the company is likely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 23.55 mean?
Liberty Live Holdings (MEX:LLYVA1) has a Beneish M-Score of 23.55 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Liberty Live Holdings and its competitors. This is 122% above median its historical median of 10.60. According to the industry distribution chart, Liberty Live Holdings ranks #981 out of 989 companies in the Media - Diversified industry, placing it in the top 99.2%.
Is Liberty Live Holdings' Beneish M-Score too high?
Liberty Live Holdings' current Beneish M-Score of 23.55 is 122% above median its 10-year median of 10.60. Based on the distribution chart, Liberty Live Holdings ranks #981 out of 989 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Liberty Live Holdings has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Liberty Live Holdings' Beneish M-Score compare to MSGS and SIRI?
According to the Media - Diversified industry distribution chart, Liberty Live Holdings ranks #981 out of 989 companies for Beneish M-Score. This places Liberty Live Holdings 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 Media - Diversified company?
A good Beneish M-Score depends on the Media - Diversified 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 Liberty Live Holdings and its competitors. Liberty Live Holdings's current Beneish M-Score is 23.55, which is 122% above median its own 10-year median of 10.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liberty Live Holdings stock overvalued right now?
Liberty Live Holdings (MEX:LLYVA1) has a current Beneish M-Score of 23.55. The current Beneish M-Score is 23.55, which is 122% above median its 10-year median of 10.60. Liberty Live Holdings' overall GF Score™ is 8/100 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 Liberty Live Holdings (MEX:LLYVA1), the current Beneish M-Score is 23.55 as of Jun. 27, 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.

Liberty Live Holdings Business Description

Other Exchanges LLYVB:USALLYVK:USALLYVA:USA
Address 12300 Liberty Boulevard, Englewood, CO, USA, 80112
Liberty Live Holdings Inc consists of its ownership in Live Nation, its wholly owned subsidiary Quint and other minority investments. Quint is a provider of premium sports and entertainment experiences. Through exclusive rights agreements with sports leagues, event organizers, and governing bodies, Quint designs, develops, and sells official ticket-inclusive hospitality and single to multi-day experiential packages that may include on or off-site experiences, transportation, and hotel accommodations, with involvement of Quint personnel throughout the multi-day experiences. Live Nation is one of the live entertainment companies in the world, and the producer of live music concerts in the world, based on total fans that attend Live Nation events as compared to events of other promoters.
8GF Score

Get the complete analysis for MEX:LLYVA1

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

MXN1,737.00
Price