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McKessonMEX:MCK 72 Beneish M-Score is -2.35 as of Jul. 25, 2026. GuruFocus rates MEX:MCK with a GF Score™ of 72/100 and a GF Value™ of MXN13,811.96 (Fairly Valued). The stock has 2 warning signs investors should review. Among 114 Medical Distribution companies, McKesson ranks worse than 65.79% 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 -2.35 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for McKesson's Beneish M-Score or its related term are showing as below:
MEX:MCK'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.77 Med: -2.52 Max: -2.35
Current: -2.35
During the past 13 years, the highest Beneish M-Score of McKesson was -2.35. The lowest was -2.77. And the median was -2.52.
McKesson Beneish M-Score Related Terms
McKesson Beneish M-Score Historical Data
* Premium members only.
The historical data trend for McKesson'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:MCK vs CAH, COR, HSIC: Beneish M-Score Comparison
For the Medical Distribution subindustry, McKesson'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.
McKesson Beneish M-Score vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, McKesson's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where McKesson'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 McKesson 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 * 0.9307
+
0.528 * 1.0284
+
0.404 * 1.2038
+
0.892 * 1.0336
+
0.115 * 0.9287
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.851
+
4.679 * -0.014043
-
0.327 * 1.001
=
-2.47
* 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))
=
(12585.726 / (12585.726 + 87642.929))
/
(13324.375 / (13324.375 + 85222.54))
=
0.12557
/
0.135208
=
0.9287
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
=
(86809.916 - -3323.224
-
110980.647)
/
1484505.963
=
-0.014043
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.
McKesson has a M-score of -2.47 suggests that the company is unlikely to be a manipulator.
McKesson (MEX:MCK) has a Beneish M-Score of -2.35 as of Jul. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on McKesson and its competitors. According to the industry distribution chart, McKesson ranks #75 out of 114 companies in the Medical Distribution industry, placing it in the top 65.8%.
Is McKesson's Beneish M-Score too high?
McKesson's current Beneish M-Score is -2.35. Based on the distribution chart, McKesson ranks #75 out of 114 companies in the Medical Distribution industry, which is below the industry midpoint. Overall, McKesson has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does McKesson's Beneish M-Score compare to CAH and COR?
According to the Medical Distribution industry distribution chart, McKesson ranks #75 out of 114 companies for Beneish M-Score. This places McKesson 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 Distribution company?
A good Beneish M-Score depends on the Medical Distribution 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 McKesson and its competitors. McKesson's current Beneish M-Score is -2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McKesson stock overvalued right now?
Based on GuruFocus' analysis, McKesson (MEX:MCK) is currently considered Fairly Valued. The stock's GF Value™ is MXN13,811.96, compared to a current price of MXN14,585.00 — trading 5.6% above its estimated fair value. The current Beneish M-Score is -2.35. McKesson's overall GF Score™ is 72/100 with 2 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 McKesson (MEX:MCK), the current Beneish M-Score is -2.35 as of Jul. 25, 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 McKesson (MEX:MCK) Overvalued in 2026?
Based on GuruFocus' analysis, McKesson stock appears to be overvalued.
The current stock price of MXN14,585.00 is trading 5.6% above its estimated GF Value™ of MXN13,811.96.
GuruFocus considers McKesson to be Fairly Valued.
Key valuation signals for MEX:MCK:
Beneish M-Score: -2.35
GF Value™: MXN13,811.96 vs. price of MXN14,585.00 (5.6% above fair value)
No single metric tells the full story. See the MEX:MCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
McKesson is one of three leading pharmaceutical wholesalers in the US engaged in sourcing and distributing branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospitals networks, and healthcare providers. Along with Cencora and Cardinal Health, the three account for over 90% of the US pharmaceutical wholesale industry. Outside the US market, McKesson engages in pharmaceutical wholesale and distribution in Canada. Additionally, the company supplies medical-surgical products and equipment to healthcare facilities and provides a variety of technology solutions for pharmacies.
72GF Score
Get the complete analysis for MEX:MCK
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