TKO Group Holdings (MEX:TKO) Beneish M-Score: -2.57 (As of Aug. 10, 2026)

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MEX:TKO TKO Group Holdings Inc MEX:TKO
62 GF Score
Price MXN3,155.97
GF Value MXN4,216.23
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is TKO Group Holdings Beneish M-Score?

TKO Group Holdings MEX:TKO 62 Beneish M-Score is -2.57 as of Aug. 10, 2026. GuruFocus rates MEX:TKO with a GF Score™ of 62/100 and a GF Value™ of MXN4,216.23 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 969 Media - Diversified companies, TKO Group Holdings ranks worse than 50.05% 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 -2.57 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

MEX:TKO' s Beneish M-Score Range Over the Past 10 Years
Min: -2.84   Med: -1.22   Max: 0.3
Current: -2.57

During the past 6 years, the highest Beneish M-Score of TKO Group Holdings was 0.30. The lowest was -2.84. And the median was -1.22.


TKO Group Holdings Beneish M-Score Historical Data

* Premium members only.

The historical data trend for TKO Group Holdings'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.

TKO Group Holdings Beneish M-Score Chart

TKO Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 0.00 -0.77 -1.22 -2.76

TKO Group Holdings Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -1.62 -1.35 -2.76 -2.84 -2.57

MEX:TKO vs WMG, NWSA, SIRI: Beneish M-Score Comparison

For the Entertainment subindustry, TKO Group 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.


TKO Group Holdings Beneish M-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TKO Group Holdings's Beneish M-Score distribution charts can be found below:

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


MEX:TKO
62GF Score
TKO Group Holdings Inc MEX:TKO
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TKO Group 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 TKO Group 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 * 1.7287+0.528 * 0.8579+0.404 * 0.9131+0.892 * 0.9476+0.115 * 0.8979
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0554+4.679 * -0.099119-0.327 * 1.5564
=-2.63

* 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 (Jun26) TTM:Last Year (Jun25) TTM:
Total Receivables was MXN21,415 Mil.
Revenue was 26994.964 + 28795.986 + 18689.827 + 20543.926 = MXN95,025 Mil.
Gross Profit was 17291.174 + 15553.546 + 11136.417 + 12478.844 = MXN56,460 Mil.
Total Current Assets was MXN56,018 Mil.
Total Assets was MXN283,786 Mil.
Property, Plant and Equipment(Net PPE) was MXN16,258 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN9,954 Mil.
Selling, General, & Admin. Expense(SGA) was MXN29,181 Mil.
Total Current Liabilities was MXN43,842 Mil.
Long-Term Debt & Capital Lease Obligation was MXN84,877 Mil.
Net Income was 1772.382 + 1611.24 + -42.764 + 752.204 = MXN4,093 Mil.
Non Operating Income was 42.192 + 76.206 + -112.734 + -58.371 = MXN-53 Mil.
Cash Flow from Operations was 6524.443 + 12524.45 + 5580.056 + 7645.404 = MXN32,274 Mil.
Total Receivables was MXN13,074 Mil.
Revenue was 24636.916 + 25957.364 + 19352.4 + 30336.51 = MXN100,283 Mil.
Gross Profit was 15667.005 + 14344.963 + 10688.838 + 10418.433 = MXN51,119 Mil.
Total Current Assets was MXN36,018 Mil.
Total Assets was MXN288,872 Mil.
Property, Plant and Equipment(Net PPE) was MXN17,055 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN8,825 Mil.
Selling, General, & Admin. Expense(SGA) was MXN29,180 Mil.
Total Current Liabilities was MXN27,801 Mil.
Long-Term Debt & Capital Lease Obligation was MXN56,385 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)
=(21414.861 / 95024.703) / (13073.509 / 100283.19)
=0.225361 / 0.130366
=1.7287

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)
=(51119.239 / 100283.19) / (56459.981 / 95024.703)
=0.509749 / 0.594161
=0.8579

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 - (56018.479 + 16257.704) / 283785.615) / (1 - (36018.17 + 17055.376) / 288872.032)
=0.745314 / 0.816273
=0.9131

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
=95024.703 / 100283.19
=0.9476

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))
=(8824.808 / (8824.808 + 17055.376)) / (9953.982 / (9953.982 + 16257.704))
=0.340987 / 0.379754
=0.8979

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)
=(29180.617 / 95024.703) / (29179.571 / 100283.19)
=0.307085 / 0.290972
=1.0554

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)
=((84876.682 + 43842.026) / 283785.615) / ((56385.47 + 27800.674) / 288872.032)
=0.453577 / 0.291431
=1.5564

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
=(4093.062 - -52.707 - 32274.353) / 283785.615
=-0.099119

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.

TKO Group Holdings has a M-score of -2.63 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 -2.57 mean?
TKO Group Holdings (MEX:TKO) has a Beneish M-Score of -2.57 as of Aug. 10, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on TKO Group Holdings and its competitors. According to the industry distribution chart, TKO Group Holdings ranks #485 out of 969 companies in the Media - Diversified industry, placing it in the top 50.1%.
Is TKO Group Holdings' Beneish M-Score too high?
TKO Group Holdings' current Beneish M-Score is -2.57. Based on the distribution chart, TKO Group Holdings ranks #485 out of 969 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, TKO Group Holdings has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TKO Group Holdings' Beneish M-Score compare to WMG and NWSA?
According to the Media - Diversified industry distribution chart, TKO Group Holdings ranks #485 out of 969 companies for Beneish M-Score. This places TKO Group 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 Media - Diversified company?
A good Beneish M-Score depends on the Media - Diversified 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 TKO Group Holdings and its competitors. TKO Group Holdings's current Beneish M-Score is -2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TKO Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, TKO Group Holdings (MEX:TKO) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN4,216.23, compared to a current price of MXN3,155.97 — trading 25.1% below its estimated fair value. The current Beneish M-Score is -2.57. TKO Group Holdings' overall GF Score™ is 62/100 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 TKO Group Holdings (MEX:TKO), the current Beneish M-Score is -2.57 as of Aug. 10, 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 TKO Group Holdings (MEX:TKO) Overvalued in 2026?

Based on GuruFocus' analysis, TKO Group Holdings stock appears to be undervalued. The current stock price of MXN3,155.97 is trading 25.1% below its estimated GF Value™ of MXN4,216.23. GuruFocus considers TKO Group Holdings to be Modestly Undervalued.

Key valuation signals for MEX:TKO:

  • Beneish M-Score: -2.57
  • GF Value™: MXN4,216.23 vs. price of MXN3,155.97 (25.1% below fair value)
  • GF Score™: 62/100 with 5 warning signs

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


TKO Group Holdings Business Description

Other Exchanges TKO:USA
Address 200 fifth Avenue, 7th Floor, New York, NY, USA, 10010
TKO Group Holdings Inc is a sports and sports entertainment company that operates combat sports and sports entertainment companies. It owns and manages valuable sports and entertainment intellectual property. The company distributes content and monetizes its intellectual property through four activities: Media rights, production, and content, Live events and hospitality, Partnerships and marketing and Consumer products licensing, The company has two reportable segments, UFC and WWE. The company generates majority of revenue from the UFC segment. The UFC segment revenue consists of media rights fees associated with the distribution of its programming content, ticket sales, and site fees associated with the business's international live events.
62GF Score

Get the complete analysis for MEX:TKO

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

MXN3,155.97
Price
MXN4,216.23
GF Value