MHSDF (Megacable HoldingsB de CV) Beneish M-Score: -3.51 (As of Jun. 24, 2026)


MHSDF Megacable Holdings SAB de CV MHSDF
90 GF Score
Price $3.35
GF Value $3.27
Valuation Fairly Valued
! 6 Warning Signs
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What is Megacable HoldingsB de CV Beneish M-Score?

Megacable HoldingsB de CV MHSDF 90 Beneish M-Score is -3.51 as of Jun. 24, 2026. GuruFocus rates MHSDF with a GF Score™ of 90/100 and a GF Value™ of $3.27 (Fairly Valued). The stock has 6 warning signs investors should review. Among 989 Media - Diversified companies, Megacable HoldingsB de CV ranks better than 87.56% 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 -3.51 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

MHSDF' s Beneish M-Score Range Over the Past 10 Years
Min: -6.29   Med: -2.12   Max: -0.66
Current: -3.51

During the past 13 years, the highest Beneish M-Score of Megacable HoldingsB de CV was -0.66. The lowest was -6.29. And the median was -2.12.


Megacable HoldingsB de CV Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Megacable HoldingsB de CV'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.

Megacable HoldingsB de CV Beneish M-Score Chart

Megacable HoldingsB de CV 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 -2.13 -2.21 -3.55 -3.21 -3.55

Megacable HoldingsB de CV 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 -3.20 -2.72 -3.32 -3.55 -3.51

MHSDF vs NFLX, DIS, WBD: Beneish M-Score Comparison

For the Entertainment subindustry, Megacable HoldingsB de CV'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.


Megacable HoldingsB de CV Beneish M-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Megacable HoldingsB de CV's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Megacable HoldingsB de CV's Beneish M-Score falls into.


MHSDF
90GF Score
Megacable Holdings SAB de CV MHSDF
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Megacable HoldingsB de CV 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 Megacable HoldingsB de CV 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 * 0.7922+0.528 * 0.9923+0.404 * 1.0023+0.892 * 1.1707+0.115 * 0.9199
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0055+4.679 * -0.183234-0.327 * 0.9912
=-3.39

* 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 $111 Mil.
Revenue was 518.879 + 511.065 + 486.313 + 462.023 = $1,978 Mil.
Gross Profit was 381.293 + 373.447 + 352.995 + 334.003 = $1,442 Mil.
Total Current Assets was $621 Mil.
Total Assets was $4,172 Mil.
Property, Plant and Equipment(Net PPE) was $3,146 Mil.
Depreciation, Depletion and Amortization(DDA) was $538 Mil.
Selling, General, & Admin. Expense(SGA) was $1,085 Mil.
Total Current Liabilities was $401 Mil.
Long-Term Debt & Capital Lease Obligation was $1,362 Mil.
Net Income was 46.643 + 2.402 + 34.225 + 40.769 = $124 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = $0 Mil.
Cash Flow from Operations was 230.626 + 247.269 + 232.087 + 178.54 = $889 Mil.
Total Receivables was $120 Mil.
Revenue was 420.716 + 407.768 + 417.255 + 444.087 = $1,690 Mil.
Gross Profit was 309.603 + 295.81 + 299.71 + 316.909 = $1,222 Mil.
Total Current Assets was $508 Mil.
Total Assets was $3,619 Mil.
Property, Plant and Equipment(Net PPE) was $2,761 Mil.
Depreciation, Depletion and Amortization(DDA) was $429 Mil.
Selling, General, & Admin. Expense(SGA) was $922 Mil.
Total Current Liabilities was $348 Mil.
Long-Term Debt & Capital Lease Obligation was $1,195 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)
=(111.244 / 1978.28) / (119.95 / 1689.826)
=0.056233 / 0.070984
=0.7922

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)
=(1222.032 / 1689.826) / (1441.738 / 1978.28)
=0.72317 / 0.728784
=0.9923

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 - (621.146 + 3145.65) / 4172.157) / (1 - (507.535 + 2760.761) / 3619.128)
=0.097159 / 0.096938
=1.0023

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
=1978.28 / 1689.826
=1.1707

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))
=(428.826 / (428.826 + 2760.761)) / (538.416 / (538.416 + 3145.65))
=0.134446 / 0.146147
=0.9199

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)
=(1085.264 / 1978.28) / (921.908 / 1689.826)
=0.54859 / 0.545564
=1.0055

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)
=((1362.349 + 401.436) / 4172.157) / ((1195.498 + 348.132) / 3619.128)
=0.422751 / 0.42652
=0.9912

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
=(124.039 - 0 - 888.522) / 4172.157
=-0.183234

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.

Megacable HoldingsB de CV has a M-score of -3.39 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 -3.51 mean?
Megacable HoldingsB de CV (MHSDF) has a Beneish M-Score of -3.51 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Megacable HoldingsB de CV and its competitors. According to the industry distribution chart, Megacable HoldingsB de CV ranks #123 out of 989 companies in the Media - Diversified industry, placing it in the top 12.4%.
Is Megacable HoldingsB de CV's Beneish M-Score too high?
Megacable HoldingsB de CV's current Beneish M-Score is -3.51. Based on the distribution chart, Megacable HoldingsB de CV ranks #123 out of 989 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Megacable HoldingsB de CV has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Megacable HoldingsB de CV's Beneish M-Score compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Megacable HoldingsB de CV ranks #123 out of 989 companies for Beneish M-Score. This places Megacable HoldingsB de CV in the top 12% 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 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 Megacable HoldingsB de CV and its competitors. Megacable HoldingsB de CV's current Beneish M-Score is -3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megacable HoldingsB de CV stock overvalued right now?
Based on GuruFocus' analysis, Megacable HoldingsB de CV (MHSDF) is currently considered Fairly Valued. The stock's GF Value™ is $3.27, compared to a current price of $3.35 — trading 2.4% above its estimated fair value. The current Beneish M-Score is -3.51. Megacable HoldingsB de CV's overall GF Score™ is 90/100 with 6 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 Megacable HoldingsB de CV (MHSDF), the current Beneish M-Score is -3.51 as of Jun. 24, 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 Megacable HoldingsB de CV (MHSDF) Overvalued in 2026?

Based on GuruFocus' analysis, Megacable HoldingsB de CV stock appears to be overvalued. The current stock price of $3.35 is trading 2.4% above its estimated GF Value™ of $3.27. GuruFocus considers Megacable HoldingsB de CV to be Fairly Valued.

Key valuation signals for MHSDF:

  • Beneish M-Score: -3.51
  • GF Value™: $3.27 vs. price of $3.35 (2.4% above fair value)
  • GF Score™: 90/100 with 6 warning signs

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


Megacable HoldingsB de CV Business Description

Other Exchanges MEGACPO:Mexico
Address Lazaro Cardenas 1694, Colonia del Fresno, Guadalajara, MEX, 44900
Megacable Holdings SAB de CV is a diversified media company with interests in cable television services. The company has several business segments, including Cable Network, Internet, Telephone, Business, and other. The Cable Network segment distributes television broadcasting programs. The Internet segment provides Internet subscription services to corporate clients and individual customers. The Telephone segment provides fixed-line communications services. The Business segment provides IT services to enterprise clients, and the Other business segment provides advertising services. Megacable Holdings SAB de CV generates the majority of its revenue in Mexico.
90GF Score

Get the complete analysis for MHSDF

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

$3.35
Price
$3.27
GF Value