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 -2.07 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Premium Brands Holdings's Beneish M-Score or its related term are showing as below:
MEX:PBHN'
s Beneish M-Score Range Over the Past 10 Years
Min: -3 Med: -2.37 Max: -1.88
Current: -2.07
During the past 13 years, the highest Beneish M-Score of Premium Brands Holdings was -1.88. The lowest was -3.00. And the median was -2.37.
Premium Brands Holdings Beneish M-Score Related Terms
Premium Brands Holdings Beneish M-Score Historical Data
* 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.
For the Packaged Foods subindustry, Premium Brands 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.
Premium Brands Holdings Beneish M-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Premium Brands Holdings's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Premium Brands Holdings'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 Premium Brands 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 * 1.0603
+
0.528 * 1.0629
+
0.404 * 1.0554
+
0.892 * 1.1058
+
0.115 * 0.8472
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9101
+
4.679 * 0.024082
-
0.327 * 0.9569
=
-2.15
* 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))
=
(2619.112 / (2619.112 + 30466.415))
/
(2995.115 / (2995.115 + 29058.671))
=
0.079162
/
0.09344
=
0.8472
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
=
(552.64 - -2255.451
-
483.341)
/
96532.776
=
0.024082
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.
Premium Brands Holdings has a M-score of -2.15 suggests that the company is unlikely to be a manipulator.
Premium Brands Holdings (MEX:PBHN) has a Beneish M-Score of -2.07 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Premium Brands Holdings and its competitors. According to the industry distribution chart, Premium Brands Holdings ranks #1409 out of 1849 companies in the Consumer Packaged Goods industry, placing it in the top 76.2%.
Is Premium Brands Holdings' Beneish M-Score too high?
Premium Brands Holdings' current Beneish M-Score is -2.07. Based on the distribution chart, Premium Brands Holdings ranks #1409 out of 1849 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Premium Brands Holdings has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Premium Brands Holdings' Beneish M-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Premium Brands Holdings ranks #1409 out of 1849 companies for Beneish M-Score. This places Premium Brands 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 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 Premium Brands Holdings and its competitors. Premium Brands Holdings's current Beneish M-Score is -2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premium Brands Holdings stock overvalued right now?
Premium Brands Holdings (MEX:PBHN) has a current Beneish M-Score of -2.07. The stock's GF Value™ is MXN1,823.78, compared to a current price of MXN1,452.62 — trading 20.4% below its estimated fair value. The current Beneish M-Score is -2.07. Premium Brands Holdings' overall GF Score™ is 93/100 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 Premium Brands Holdings (MEX:PBHN), the current Beneish M-Score is -2.07 as of Jun. 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 Premium Brands Holdings (MEX:PBHN) Overvalued in 2026?
Based on GuruFocus' analysis, Premium Brands Holdings stock appears to be undervalued.
The current stock price of MXN1,452.62 is trading 20.4% below its estimated GF Value™ of MXN1,823.78.
Key valuation signals for MEX:PBHN:
Beneish M-Score: -2.07
GF Value™: MXN1,823.78 vs. price of MXN1,452.62 (20.4% below fair value)
No single metric tells the full story. See the MEX:PBHN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Premium Brands Holdings Corp is engaged in specialty food manufacturing, premium food distribution, and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, and Washington State. The company's business segments include Specialty Foods, Premium Food Distribution. The Specialty Foods segment consists of its specialty food manufacturing businesses, which contributes majority of revenue; the Premium Food Distribution segment consists of the company's distribution and wholesale businesses. Its geographical segments are the United States and Canada.
93GF Score
Get the complete analysis for MEX:PBHN
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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