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Tetra TechMIL:1TTEK 69 Beneish M-Score is -2.71 as of Aug. 03, 2026. GuruFocus rates MIL:1TTEK with a GF Score™ of 69/100 and a GF Value™ of €29.91 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,696 Construction companies, Tetra Tech ranks better than 66.75% 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 -2.71 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Tetra Tech's Beneish M-Score or its related term are showing as below:
MIL:1TTEK'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.88 Med: -2.49 Max: -2.09
Current: -2.71
During the past 13 years, the highest Beneish M-Score of Tetra Tech was -2.09. The lowest was -2.88. And the median was -2.49.
The historical data trend for Tetra Tech'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.
MIL:1TTEK vs AGX, ACM, FLR: Beneish M-Score Comparison
For the Engineering & Construction subindustry, Tetra Tech'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.
Tetra Tech Beneish M-Score vs Construction Industry
For the Construction industry and Industrials sector, Tetra Tech's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Tetra Tech'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 Tetra Tech 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 * 1.1125
+
0.528 * 0.9033
+
0.404 * 1.019
+
0.892 * 0.8707
+
0.115 * 1.1176
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.1128
+
4.679 * -0.036783
-
0.327 * 0.9502
=
-2.70
* 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))
=
(55.33 / (55.33 + 222.34))
/
(49.648 / (49.648 + 228.806))
=
0.199265
/
0.178299
=
1.1176
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
=
(374.636 - 25.362
-
489.383)
/
3809.044
=
-0.036783
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.
Tetra Tech has a M-score of -2.70 suggests that the company is unlikely to be a manipulator.
Tetra Tech (MIL:1TTEK) has a Beneish M-Score of -2.71 as of Aug. 03, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Tetra Tech and its competitors. According to the industry distribution chart, Tetra Tech ranks #564 out of 1696 companies in the Construction industry, placing it in the top 33.3%.
Is Tetra Tech's Beneish M-Score too high?
Tetra Tech's current Beneish M-Score is -2.71. Based on the distribution chart, Tetra Tech ranks #564 out of 1696 companies in the Construction industry, which is above the industry midpoint. Overall, Tetra Tech has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tetra Tech's Beneish M-Score compare to AGX and ACM?
According to the Construction industry distribution chart, Tetra Tech ranks #564 out of 1696 companies for Beneish M-Score. This puts Tetra Tech in the upper 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 Construction company?
A good Beneish M-Score depends on the Construction 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 Tetra Tech and its competitors. Tetra Tech's current Beneish M-Score is -2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tetra Tech stock overvalued right now?
Based on GuruFocus' analysis, Tetra Tech (MIL:1TTEK) is currently considered Modestly Undervalued. The stock's GF Value™ is €29.91, compared to a current price of €27.03 — trading 9.6% below its estimated fair value. The current Beneish M-Score is -2.71. Tetra Tech's overall GF Score™ is 69/100 with 1 warning sign 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 Tetra Tech (MIL:1TTEK), the current Beneish M-Score is -2.71 as of Aug. 03, 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 Tetra Tech (MIL:1TTEK) Overvalued in 2026?
Based on GuruFocus' analysis, Tetra Tech stock appears to be undervalued.
The current stock price of €27.03 is trading 9.6% below its estimated GF Value™ of €29.91.
GuruFocus considers Tetra Tech to be Modestly Undervalued.
Key valuation signals for MIL:1TTEK:
Beneish M-Score: -2.71
GF Value™: €29.91 vs. price of €27.03 (9.6% below fair value)
No single metric tells the full story. See the MIL:1TTEK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tetra Tech Inc provides consulting and engineering services for environmental, infrastructure, resource management, energy, and international development markets. It specializes in providing water-related services for public and private clients. It designs infrastructure, facilities, and other structures with complex plans and resource management. it has two reportable segments. Its Government Services Group (GSG) segment includes activities with U.S. government clients (federal, state and local) and activities with development agencies world-wide. Commercial/International Services Group (CIG) segment, which derives maximum revenue, includes activities with U.S. commercial clients and international clients other than development agencies.
69GF Score
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