Blue Owl Capital (MEX:OWL) Beneish M-Score: -2.96 (As of Jul. 02, 2026)


MEX:OWL Blue Owl Capital Inc MEX:OWL
43 GF Score
Price MXN151.50
GF Value MXN393.30
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Blue Owl Capital Beneish M-Score?

Blue Owl Capital MEX:OWL 43 Beneish M-Score is -2.96 as of Jul. 02, 2026. GuruFocus rates MEX:OWL with a GF Score™ of 43/100 and a GF Value™ of MXN393.30 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 950 Asset Management companies, Blue Owl Capital ranks better than 81.16% 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 -2.96 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

MEX:OWL' s Beneish M-Score Range Over the Past 10 Years
Min: -4.74   Med: -2.82   Max: -2.34
Current: -2.96

During the past 7 years, the highest Beneish M-Score of Blue Owl Capital was -2.34. The lowest was -4.74. And the median was -2.82.


Blue Owl Capital Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Blue Owl Capital'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.

Blue Owl Capital Beneish M-Score Chart

Blue Owl Capital Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 -4.20 -3.04 -2.56 -2.79

Blue Owl Capital Quarterly Data
Jun21 Sep21 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 Premium Member Only -2.34 -2.58 -2.79 -2.79 -2.96

MEX:OWL vs MAAS, BXSL, OBDC: Beneish M-Score Comparison

For the Asset Management subindustry, Blue Owl Capital'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.


Blue Owl Capital Beneish M-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blue Owl Capital's Beneish M-Score distribution charts can be found below:

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


MEX:OWL
43GF Score
Blue Owl Capital Inc MEX:OWL
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blue Owl Capital 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 Blue Owl Capital 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 * 0.8785+0.528 * 1.0126+0.404 * 0.9738+0.892 * 1.0966+0.115 * 0.9901
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.1741+4.679 * -0.106135-0.327 * 1.1744
=-3.09

* 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 MXN13,653 Mil.
Revenue was 13593.248 + 13605.035 + 13354.394 + 13238.923 = MXN53,792 Mil.
Gross Profit was 6815.225 + 7961.58 + 7092.161 + 7094.956 = MXN28,964 Mil.
Total Current Assets was MXN17,839 Mil.
Total Assets was MXN223,871 Mil.
Property, Plant and Equipment(Net PPE) was MXN12,215 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN6,926 Mil.
Selling, General, & Admin. Expense(SGA) was MXN13,565 Mil.
Total Current Liabilities was MXN8,480 Mil.
Long-Term Debt & Capital Lease Obligation was MXN78,560 Mil.
Net Income was 280.264 + 858.278 + 115.752 + 328.118 = MXN1,582 Mil.
Non Operating Income was 332.884 + 546.563 + -488.836 + 304.713 = MXN695 Mil.
Cash Flow from Operations was 1853.906 + 6893.482 + 7944.671 + 7955.469 = MXN24,648 Mil.
Total Receivables was MXN14,173 Mil.
Revenue was 13982.893 + 13167.476 + 11831.468 + 10073.272 = MXN49,055 Mil.
Gross Profit was 7314.748 + 7025.847 + 6493.29 + 5912.722 = MXN26,747 Mil.
Total Current Assets was MXN16,766 Mil.
Total Assets was MXN251,353 Mil.
Property, Plant and Equipment(Net PPE) was MXN11,119 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN6,207 Mil.
Selling, General, & Admin. Expense(SGA) was MXN10,536 Mil.
Total Current Liabilities was MXN9,576 Mil.
Long-Term Debt & Capital Lease Obligation was MXN73,638 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)
=(13652.81 / 53791.6) / (14173.339 / 49055.109)
=0.253809 / 0.288927
=0.8785

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)
=(26746.607 / 49055.109) / (28963.922 / 53791.6)
=0.545236 / 0.538447
=1.0126

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 - (17838.939 + 12215.189) / 223871.012) / (1 - (16766.497 + 11119.114) / 251353.087)
=0.865752 / 0.889058
=0.9738

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
=53791.6 / 49055.109
=1.0966

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))
=(6207.461 / (6207.461 + 11119.114)) / (6925.809 / (6925.809 + 12215.189))
=0.358262 / 0.361831
=0.9901

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)
=(13564.623 / 53791.6) / (10535.958 / 49055.109)
=0.25217 / 0.214778
=1.1741

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)
=((78559.782 + 8480.49) / 223871.012) / ((73638.37 + 9575.563) / 251353.087)
=0.388797 / 0.331064
=1.1744

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
=(1582.412 - 695.324 - 24647.528) / 223871.012
=-0.106135

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.

Blue Owl Capital has a M-score of -3.09 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 -2.96 mean?
Blue Owl Capital (MEX:OWL) has a Beneish M-Score of -2.96 as of Jul. 02, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Blue Owl Capital and its competitors. According to the industry distribution chart, Blue Owl Capital ranks #179 out of 950 companies in the Asset Management industry, placing it in the top 18.8%.
Is Blue Owl Capital's Beneish M-Score too high?
Blue Owl Capital's current Beneish M-Score is -2.96. Based on the distribution chart, Blue Owl Capital ranks #179 out of 950 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Blue Owl Capital has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Blue Owl Capital's Beneish M-Score compare to MAAS and BXSL?
According to the Asset Management industry distribution chart, Blue Owl Capital ranks #179 out of 950 companies for Beneish M-Score. This places Blue Owl Capital in the top 19% 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 an Asset Management company?
A good Beneish M-Score depends on the Asset Management 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 Blue Owl Capital and its competitors. Blue Owl Capital's current Beneish M-Score is -2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Owl Capital stock overvalued right now?
Based on GuruFocus' analysis, Blue Owl Capital (MEX:OWL) is currently considered Possible Value Trap. The stock's GF Value™ is MXN393.30, compared to a current price of MXN151.50 — trading 61.5% below its estimated fair value. The current Beneish M-Score is -2.96. Blue Owl Capital's overall GF Score™ is 43/100 with 8 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 Blue Owl Capital (MEX:OWL), the current Beneish M-Score is -2.96 as of Jul. 02, 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 Blue Owl Capital (MEX:OWL) Overvalued in 2026?

Based on GuruFocus' analysis, Blue Owl Capital stock appears to be undervalued. The current stock price of MXN151.50 is trading 61.5% below its estimated GF Value™ of MXN393.30. GuruFocus considers Blue Owl Capital to be Possible Value Trap.

Key valuation signals for MEX:OWL:

  • Beneish M-Score: -2.96
  • GF Value™: MXN393.30 vs. price of MXN151.50 (61.5% below fair value)
  • GF Score™: 43/100 with 8 warning signs

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


Blue Owl Capital Business Description

Other Exchanges OWL:USA1OWL:Italy
Address 399 Park Avenue, New York, NY, USA, 10022
Blue Owl Capital is one of the world's largest alternative-asset managers, $307.4 billion in total managed assets, including $187.7 billion in fee-earning AUM, at the end of 2025. The company has three core business segments: global private equity, (with $69.1 billion in total AUM and $39.5 billion in fee-earning AUM), private credit ($157.7 billion/$99.5 billion), and real estate/real assets ($80.6 billion/$48.7 billion). The firm primarily serves institutional investors (68% of AUM) and high-net-worth individuals (32%). Blue Owl operates through more than 20 offices in the Americas, and the EMEA and Asia-Pacific regions.
43GF Score

Get the complete analysis for MEX:OWL

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

MXN151.50
Price
MXN393.30
GF Value