OneMain Holdings (MEX:OMF) Beneish M-Score: -2.79 (As of Jun. 26, 2026)


MEX:OMF OneMain Holdings Inc MEX:OMF
69 GF Score
Price MXN832.78
GF Value MXN827.66
! 3 Warning Signs
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What is OneMain Holdings Beneish M-Score?

OneMain Holdings MEX:OMF 69 Beneish M-Score is -2.79 as of Jun. 26, 2026. GuruFocus rates MEX:OMF with a GF Score™ of 69/100 and a GF Value™ of MXN827.66. The stock has 3 warning signs investors should review. Among 483 Credit Services companies, OneMain Holdings ranks better than 81.78% on this metric.

Note: Financial institutions were excluded from the sample in Beneish paper when calculating Beneish M-Score. Thus, the prediction might not fit banks and insurance companies.

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 -2.79 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

MEX:OMF' s Beneish M-Score Range Over the Past 10 Years
Min: -3.68   Med: -2.74   Max: -0.6
Current: -2.79

During the past 13 years, the highest Beneish M-Score of OneMain Holdings was -0.60. The lowest was -3.68. And the median was -2.74.

MEX:OMF
69GF Score
OneMain Holdings Inc MEX:OMF
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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OneMain 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 OneMain 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 * 1+0.528 * 1+0.404 * 1+0.892 * 1.0005+0.115 * 1
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.7886+4.679 * -0.090558-0.327 * 1.0039
=-2.87

* 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 MXN0 Mil.
Revenue was 22811.366 + 23209.347 + 23370.511 + 22952.795 = MXN92,344 Mil.
Gross Profit was 22811.366 + 23209.347 + 23370.511 + 22952.795 = MXN92,344 Mil.
Total Current Assets was MXN0 Mil.
Total Assets was MXN487,207 Mil.
Property, Plant and Equipment(Net PPE) was MXN0 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN5,325 Mil.
Selling, General, & Admin. Expense(SGA) was MXN16,644 Mil.
Total Current Liabilities was MXN0 Mil.
Long-Term Debt & Capital Lease Obligation was MXN403,860 Mil.
Net Income was 4075.39 + 3673.163 + 3650.496 + 3144.476 = MXN14,544 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = MXN0 Mil.
Cash Flow from Operations was 13326.165 + 15574.931 + 15188.998 + 14573.801 = MXN58,664 Mil.
 Total Receivables was MXN0 Mil.
Revenue was 24324.8 + 24755.716 + 22919.509 + 20298.674 = MXN92,299 Mil.
Gross Profit was 24324.8 + 24755.716 + 22919.509 + 20298.674 = MXN92,299 Mil.
Total Current Assets was MXN0 Mil.
Total Assets was MXN532,506 Mil.
Property, Plant and Equipment(Net PPE) was MXN0 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN5,572 Mil.
Selling, General, & Admin. Expense(SGA) was MXN21,095 Mil.
Total Current Liabilities was MXN0 Mil.
Long-Term Debt & Capital Lease Obligation was MXN439,708 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)
=(0 / 92344.019) / (0 / 92298.699)
=0 / 0
=1

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)
=(92298.699 / 92298.699) / (92344.019 / 92344.019)
=1 / 1
=1

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 - (0 + 0) / 487207.489) / (1 - (0 + 0) / 532506.488)
=1 / 1
=1

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
=92344.019 / 92298.699
=1.0005

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))
=(5572.391 / (5572.391 + 0)) / (5325.32 / (5325.32 + 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)
=(16643.899 / 92344.019) / (21094.614 / 92298.699)
=0.180238 / 0.228547
=0.7886

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)
=((403860.35 + 0) / 487207.489) / ((439708.093 + 0) / 532506.488)
=0.828929 / 0.825733
=1.0039

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
=(14543.525 - 0 - 58663.895) / 487207.489
=-0.090558

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.

OneMain Holdings has a M-score of -2.87 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 -2.79 mean?
OneMain Holdings (MEX:OMF) has a Beneish M-Score of -2.79 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on OneMain Holdings and its competitors. According to the industry distribution chart, OneMain Holdings ranks #88 out of 483 companies in the Credit Services industry, placing it in the top 18.2%.
Is OneMain Holdings' Beneish M-Score too high?
OneMain Holdings' current Beneish M-Score is -2.79. Based on the distribution chart, OneMain Holdings ranks #88 out of 483 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, OneMain Holdings has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does OneMain Holdings' Beneish M-Score compare to CACC and KLAR?
According to the Credit Services industry distribution chart, OneMain Holdings ranks #88 out of 483 companies for Beneish M-Score. This places OneMain Holdings in the top 18% of its industry — outperforming the majority of peers. 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 Credit Services company?
A good Beneish M-Score depends on the Credit Services 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 OneMain Holdings and its competitors. OneMain Holdings's current Beneish M-Score is -2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OneMain Holdings stock overvalued right now?
OneMain Holdings (MEX:OMF) has a current Beneish M-Score of -2.79. The stock's GF Value™ is MXN827.66, compared to a current price of MXN832.78 — trading 0.6% above its estimated fair value. The current Beneish M-Score is -2.79. OneMain Holdings' overall GF Score™ is 69/100 with 3 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 OneMain Holdings (MEX:OMF), the current Beneish M-Score is -2.79 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 OneMain Holdings (MEX:OMF) Overvalued in 2026?

Based on GuruFocus' analysis, OneMain Holdings stock appears to be overvalued. The current stock price of MXN832.78 is trading 0.6% above its estimated GF Value™ of MXN827.66.

Key valuation signals for MEX:OMF:

  • Beneish M-Score: -2.79
  • GF Value™: MXN827.66 vs. price of MXN832.78 (0.6% above fair value)
  • GF Score™: 69/100 with 3 warning signs

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

OneMain Holdings Business Description

Other Exchanges OMF:USA0S1:Germany
Address 601 N.W. Second Street, Evansville, IN, USA, 47708
OneMain Holdings Inc is a consumer finance company providing loan products to customers through its branch network and the internet. The company provides personal loan products; offers credit cards; offers optional credit insurance and others; offers a customer-focused financial wellness program, and acquisitions and dispositions of assets and businesses. It provides origination, underwriting, and servicing of personal loans to non-prime customers. The company operates in single reportable segment Consumer and Insurance which originates and services personal loans and auto finance loans, offer credit cards, and provide optional credit and non-credit insurance and other optional products through its branch and central operations, as well as digital platform.
69GF Score

Get the complete analysis for MEX:OMF

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

MXN832.78
Price
MXN827.66
GF Value