WW International (MIC:WW-RM) Beneish M-Score: -2.43 (As of Jun. 26, 2026)

What is WW International Beneish M-Score?

WW International MIC:WW-RM 52 Beneish M-Score is -2.43 as of Jun. 26, 2026. GuruFocus rates MIC:WW-RM with a GF Score™ of 52/100. The stock has 5 warning signs investors should review.

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 -2.43 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

MIC:WW-RM' s Beneish M-Score Range Over the Past 10 Years
Min: -3.95 Med: -2.62 Max: -2.28
Current: -2.43

During the past 13 years, the highest Beneish M-Score of WW International was -2.28. The lowest was -3.95. And the median was -2.62.

WW International Beneish M-Score Related Terms

WW International Beneish M-Score Historical Data

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The historical data trend for WW International'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.

WW International Beneish M-Score Chart

WW International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Beneish M-Score

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-2.66

-2.75

-2.47

-3.44

-2.63

WW International Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25
Beneish M-Score	Get a 7-Day Free Trial															-3.95	-2.63	-2.44	-2.45	-2.43

MIC:WW-RM vs MED, RGS, EJH: Beneish M-Score Comparison

For the Personal Services subindustry, WW International'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.

WW International Beneish M-Score vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, WW International's Beneish M-Score distribution charts can be found below:

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

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WW International 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 WW International for today is based on a combination of the following eight different indices:

-4.84

0.92 * DSRI

0.528 * GMI

0.404 * AQI

0.892 * SGI

0.115 * DEPI

-4.84

0.92 * 1.2525

0.528 * 0.9173

0.404 * 1.0729

0.892 * 0.8645

0.115 * 0.5418

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 1.0536

4.679 * -0.055747

0.327 * 0.2093

-2.45

This Year (Sep25) TTM:

Last Year (Sep24) TTM:

Total Receivables was ₽1,237.90 Mil.
Revenue was 14295.506 + 13757.553 + 15414.448 + 19843.023 = ₽63,310.53 Mil.
Gross Profit was 10309.834 + 10144.075 + 10978.181 + 13828.127 = ₽45,260.22 Mil.
Total Current Assets was ₽18,218.96 Mil.
Total Assets was ₽80,473.70 Mil.
Property, Plant and Equipment(Net PPE) was ₽1,006.89 Mil.
Depreciation, Depletion and Amortization(DDA) was ₽3,762.65 Mil.
Selling, General, & Admin. Expense(SGA) was ₽38,723.61 Mil.
Total Current Liabilities was ₽11,044.92 Mil.
Long-Term Debt & Capital Lease Obligation was ₽38,850.76 Mil.
Net Income was -4777.823 + 92549.33 + -5996.954 + 2703.26 = ₽84,477.81 Mil.
Non Operating Income was -28.41 + 88565.946 + -2458.35 + 450.633 = ₽86,529.82 Mil.
Cash Flow from Operations was 699.279 + 0 + 1239.131 + 495.718 = ₽2,434.13 Mil.

Total Receivables was ₽1,143.23 Mil.
Revenue was 17480.384 + 18267.4 + 18899.348 + 18583.501 = ₽73,230.63 Mil.
Gross Profit was 11735.575 + 12411.378 + 12608.838 + 11265.847 = ₽48,021.64 Mil.
Total Current Assets was ₽9,173.79 Mil.
Total Assets was ₽50,963.24 Mil.
Property, Plant and Equipment(Net PPE) was ₽5,638.05 Mil.
Depreciation, Depletion and Amortization(DDA) was ₽4,208.18 Mil.
Selling, General, & Admin. Expense(SGA) was ₽42,513.47 Mil.
Total Current Liabilities was ₽17,169.54 Mil.
Long-Term Debt & Capital Lease Obligation was ₽133,809.90 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)
	=	(1237.901 / 63310.53)	/	(1143.234 / 73230.633)
	=	0.019553	/	0.015611
	=	1.2525

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)
	=	(48021.638 / 73230.633)	/	(45260.217 / 63310.53)
	=	0.655759	/	0.714892
	=	0.9173

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 - (18218.96 + 1006.885) / 80473.704)	/	(1 - (9173.787 + 5638.053) / 50963.24)
	=	0.761092	/	0.709362
	=	1.0729

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
	=	63310.53	/	73230.633
	=	0.8645

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))
	=	(4208.18 / (4208.18 + 5638.053))	/	(3762.646 / (3762.646 + 1006.885))
	=	0.42739	/	0.788892
	=	0.5418

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)
	=	(38723.608 / 63310.53)	/	(42513.465 / 73230.633)
	=	0.611646	/	0.580542
	=	1.0536

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)
	=	((38850.755 + 11044.915) / 80473.704)	/	((133809.896 + 17169.541) / 50963.24)
	=	0.620025	/	2.962516
	=	0.2093

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
	=	(84477.813 - 86529.819	-	2434.128)	/	80473.704
	=	-0.055747

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.

WW International has a M-score of -2.45 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 -2.43 mean?

WW International (MIC:WW-RM) has a Beneish M-Score of -2.43 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on WW International and its competitors.

Is WW International's Beneish M-Score too high?

WW International's current Beneish M-Score is -2.43. Overall, WW International has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.

How does WW International's Beneish M-Score compare to MED and RGS?

WW International's Beneish M-Score of -2.43 can be compared against companies in the Personal Services 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 Personal Services company?

A good Beneish M-Score depends on the Personal Services 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 WW International and its competitors. WW International's current Beneish M-Score is -2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is WW International stock overvalued right now?

WW International (MIC:WW-RM) has a current Beneish M-Score of -2.43. The current Beneish M-Score is -2.43. WW International's overall GF Score™ is 52/100 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 WW International (MIC:WW-RM), the current Beneish M-Score is -2.43 as of Jun. 26, 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.

WW International Business Description

Industry Consumer Cyclical Personal Services

Comparable Companies MED RGS EJH VGES YYGH CLIK EVTK DROR TRNR IVPR ROL SCI BFAM FTDR HRB ANDG LSE:XPS XTER:CWC HKSE:01448 OHEL:MUSTI

Address 675 Avenue of the Americas, 6th Floor, New York, NY, USA, 10010

Website https://corporate.ww.com

WW International Inc is a provider of weight loss solutions. The firm offers its members access to in person workshops and digital solutions as a part of its weight loss and weight management programs. Its digital app provides members access to tools such as, trackers for food, water, activity, weight, content regarding behavioral techniques for building healthy habits and other related tools. Along with its in person workshops and digital solutions, the company also provides members who medically qualify access to clinicians who can prescribe weight management medications when clinically appropriate. The company generates majority of its revenue in the form of Subscription Revenue. Geographically, the company generates key revenue from North America and rest from International markets.