Interface (MEX:TILE) Beneish M-Score: -2.56 (As of Jul. 02, 2026)


MEX:TILE Interface Inc MEX:TILE
72 GF Score
Price MXN165.00
GF Value MXN96.96
! 5 Warning Signs
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What is Interface Beneish M-Score?

Interface MEX:TILE 72 Beneish M-Score is -2.56 as of Jul. 02, 2026. GuruFocus rates MEX:TILE with a GF Score™ of 72/100 and a GF Value™ of MXN96.96. The stock has 5 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Interface ranks worse than 51.2% 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 -2.56 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

MEX:TILE' s Beneish M-Score Range Over the Past 10 Years
Min: -3.08   Med: -2.6   Max: -2.1
Current: -2.56

During the past 13 years, the highest Beneish M-Score of Interface was -2.10. The lowest was -3.08. And the median was -2.60.


Interface Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Interface'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.

Interface Beneish M-Score Chart

Interface Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.37 -2.37 -2.92 -2.69 -2.56

Interface 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 -2.60 -2.60 -2.57 -2.56 -2.56

MEX:TILE vs LZB, WHR, LEG: Beneish M-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, Interface'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.


Interface Beneish M-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Interface's Beneish M-Score distribution charts can be found below:

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


MEX:TILE
72GF Score
Interface Inc MEX:TILE
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Interface 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 Interface 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 * 0.8906+0.528 * 0.9388+0.404 * 1.0206+0.892 * 0.993+0.115 * 1.1182
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0066+4.679 * -0.030315-0.327 * 0.8193
=-2.68

* 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 MXN2,945 Mil.
Revenue was 5969.491 + 6291.066 + 6686.938 + 7070.779 = MXN26,018 Mil.
Gross Profit was 2285.158 + 2427.312 + 2634.814 + 2786.289 = MXN10,134 Mil.
Total Current Assets was MXN10,139 Mil.
Total Assets was MXN21,744 Mil.
Property, Plant and Equipment(Net PPE) was MXN6,936 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN729 Mil.
Selling, General, & Admin. Expense(SGA) was MXN6,955 Mil.
Total Current Liabilities was MXN4,171 Mil.
Long-Term Debt & Capital Lease Obligation was MXN4,525 Mil.
Net Income was 425.77 + 439.141 + 846.511 + 613.098 = MXN2,325 Mil.
Non Operating Income was -13.957 + -32.86 + -12.089 + -64.226 = MXN-123 Mil.
Cash Flow from Operations was 244.127 + 887.861 + 1407.532 + 567.286 = MXN3,107 Mil.
Total Receivables was MXN3,330 Mil.
Revenue was 6084.535 + 6986.868 + 6778.78 + 6350.389 = MXN26,201 Mil.
Gross Profit was 2270.103 + 2550.756 + 2512.975 + 2246.283 = MXN9,580 Mil.
Total Current Assets was MXN11,854 Mil.
Total Assets was MXN24,382 Mil.
Property, Plant and Equipment(Net PPE) was MXN7,398 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN881 Mil.
Selling, General, & Admin. Expense(SGA) was MXN6,958 Mil.
Total Current Liabilities was MXN4,300 Mil.
Long-Term Debt & Capital Lease Obligation was MXN7,601 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)
=(2944.794 / 26018.274) / (3329.654 / 26200.572)
=0.113182 / 0.127083
=0.8906

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)
=(9580.117 / 26200.572) / (10133.573 / 26018.274)
=0.365645 / 0.389479
=0.9388

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 - (10139.048 + 6935.737) / 21743.613) / (1 - (11854.238 + 7398.258) / 24382.042)
=0.214722 / 0.210382
=1.0206

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
=26018.274 / 26200.572
=0.993

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))
=(881.073 / (881.073 + 7398.258)) / (729.496 / (729.496 + 6935.737))
=0.106418 / 0.095169
=1.1182

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)
=(6955.027 / 26018.274) / (6957.529 / 26200.572)
=0.267313 / 0.265549
=1.0066

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)
=((4525.054 + 4170.747) / 21743.613) / ((7601.244 + 4299.741) / 24382.042)
=0.399924 / 0.488105
=0.8193

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
=(2324.52 - -123.132 - 3106.806) / 21743.613
=-0.030315

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.

Interface has a M-score of -2.68 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 -2.56 mean?
Interface (MEX:TILE) has a Beneish M-Score of -2.56 as of Jul. 02, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Interface and its competitors. According to the industry distribution chart, Interface ranks #213 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 51.2%.
Is Interface's Beneish M-Score too high?
Interface's current Beneish M-Score is -2.56. Based on the distribution chart, Interface ranks #213 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Interface has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Interface's Beneish M-Score compare to LZB and WHR?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Interface ranks #213 out of 416 companies for Beneish M-Score. This places Interface 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 Furnishings, Fixtures & Appliances company?
A good Beneish M-Score depends on the Furnishings, Fixtures & Appliances 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 Interface and its competitors. Interface's current Beneish M-Score is -2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Interface stock overvalued right now?
Interface (MEX:TILE) has a current Beneish M-Score of -2.56. The stock's GF Value™ is MXN96.96, compared to a current price of MXN165.00 — trading 70.2% above its estimated fair value. The current Beneish M-Score is -2.56. Interface's overall GF Score™ is 72/100 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 Interface (MEX:TILE), the current Beneish M-Score is -2.56 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 Interface (MEX:TILE) Overvalued in 2026?

Based on GuruFocus' analysis, Interface stock appears to be overvalued. The current stock price of MXN165.00 is trading 70.2% above its estimated GF Value™ of MXN96.96.

Key valuation signals for MEX:TILE:

  • Beneish M-Score: -2.56
  • GF Value™: MXN96.96 vs. price of MXN165.00 (70.2% above fair value)
  • GF Score™: 72/100 with 5 warning signs

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


Interface Business Description

Other Exchanges TILE:USAIF6N:Germany
Address 1280 West Peachtree Street, Atlanta, GA, USA, 30309
Interface Inc is engaged in the design, production, and sale of carpet tiles. It also provides Luxury Vinyl tiles and rubber flooring. The company mainly targets corporate and noncorporate office markets, including government, education, healthcare, hospitality, and retailers. Its geographical segments include the Americas, Europe, and Asia-Pacific. It has two operating and reportable segments- namely Americas (AMS) and Europe, Africa, Asia and Australia (collectively EAAA). Key revenue is generated from AMS segment. Its products include: ESD, Acoustic, Extreme Wear, and Quick Installation System (nTx).
72GF Score

Get the complete analysis for MEX:TILE

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

MXN165.00
Price
MXN96.96
GF Value