MRPLY (Mr Price Group) Beneish M-Score: -3.07 (As of Jun. 24, 2026)


MRPLY Mr Price Group Ltd MRPLY
84 GF Score
Price $10.19
GF Value $13.08
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Mr Price Group Beneish M-Score?

Mr Price Group MRPLY -1.26% 84 Beneish M-Score is -3.07 as of Jun. 24, 2026. GuruFocus rates MRPLY with a GF Score™ of 84/100 and a GF Value™ of $13.08 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,087 Retail - Cyclical companies, Mr Price Group ranks better than 80.86% 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 -3.07 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

MRPLY' s Beneish M-Score Range Over the Past 10 Years
Min: -3.8   Med: -2.74   Max: -1.94
Current: -3.07

During the past 13 years, the highest Beneish M-Score of Mr Price Group was -1.94. The lowest was -3.80. And the median was -2.74.


Mr Price Group Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Mr Price Group'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.

Mr Price Group Beneish M-Score Chart

Mr Price Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.57 -2.41 -3.09 -3.19 -3.07

Mr Price Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -3.09 0.00 -3.19 0.00 -3.07

MRPLY vs TJX, ROST, BURL: Beneish M-Score Comparison

For the Apparel Retail subindustry, Mr Price Group'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.


Mr Price Group Beneish M-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mr Price Group's Beneish M-Score distribution charts can be found below:

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


MRPLY
84GF Score
Mr Price Group Ltd MRPLY
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mr Price Group 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 Mr Price Group 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 * 1.0269+0.528 * 0.9858+0.404 * 0.807+0.892 * 1.1365+0.115 * 1
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0174+4.679 * -0.105267-0.327 * 1.2118
=-2.98

* 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 $191 Mil.
Revenue was $2,492 Mil.
Gross Profit was $1,039 Mil.
Total Current Assets was $1,398 Mil.
Total Assets was $2,429 Mil.
Property, Plant and Equipment(Net PPE) was $704 Mil.
Depreciation, Depletion and Amortization(DDA) was $0 Mil.
Selling, General, & Admin. Expense(SGA) was $719 Mil.
Total Current Liabilities was $705 Mil.
Long-Term Debt & Capital Lease Obligation was $789 Mil.
Net Income was $223 Mil.
Gross Profit was $0 Mil.
Cash Flow from Operations was $479 Mil.
Total Receivables was $164 Mil.
Revenue was $2,192 Mil.
Gross Profit was $902 Mil.
Total Current Assets was $858 Mil.
Total Assets was $1,782 Mil.
Property, Plant and Equipment(Net PPE) was $626 Mil.
Depreciation, Depletion and Amortization(DDA) was $170 Mil.
Selling, General, & Admin. Expense(SGA) was $622 Mil.
Total Current Liabilities was $556 Mil.
Long-Term Debt & Capital Lease Obligation was $348 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)
=(190.873 / 2491.671) / (163.549 / 2192.394)
=0.076604 / 0.074598
=1.0269

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)
=(901.629 / 2192.394) / (1039.44 / 2491.671)
=0.411253 / 0.417166
=0.9858

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 - (1398.378 + 703.906) / 2429.162) / (1 - (858.1 + 626.437) / 1781.631)
=0.134564 / 0.166754
=0.807

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
=2491.671 / 2192.394
=1.1365

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))
=(170.448 / (170.448 + 626.437)) / (0 / (0 + 703.906))
=0.213893 / 0
=1

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)
=(719.25 / 2491.671) / (622.057 / 2192.394)
=0.288662 / 0.283734
=1.0174

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)
=((788.983 + 705.04) / 2429.162) / ((347.96 + 556.298) / 1781.631)
=0.615036 / 0.507545
=1.2118

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
=(222.814 - 0 - 478.525) / 2429.162
=-0.105267

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.

Mr Price Group has a M-score of -2.98 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 -3.07 mean?
Mr Price Group (MRPLY) has a Beneish M-Score of -3.07 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Mr Price Group and its competitors. According to the industry distribution chart, Mr Price Group ranks #208 out of 1087 companies in the Retail - Cyclical industry, placing it in the top 19.1%.
Is Mr Price Group's Beneish M-Score too high?
Mr Price Group's current Beneish M-Score is -3.07. Based on the distribution chart, Mr Price Group ranks #208 out of 1087 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Mr Price Group has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mr Price Group's Beneish M-Score compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Mr Price Group ranks #208 out of 1087 companies for Beneish M-Score. This places Mr Price Group in the top 19% 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 Retail - Cyclical company?
A good Beneish M-Score depends on the Retail - Cyclical 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 Mr Price Group and its competitors. Mr Price Group's current Beneish M-Score is -3.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mr Price Group stock overvalued right now?
Based on GuruFocus' analysis, Mr Price Group (MRPLY) is currently considered Modestly Undervalued. The stock's GF Value™ is $13.08, compared to a current price of $10.19 — trading 22.1% below its estimated fair value. The current Beneish M-Score is -3.07. Mr Price Group's overall GF Score™ is 84/100 with 4 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 Mr Price Group (MRPLY), the current Beneish M-Score is -3.07 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 Mr Price Group (MRPLY) Overvalued in 2026?

Based on GuruFocus' analysis, Mr Price Group stock appears to be undervalued. The current stock price of $10.19 is trading 22.1% below its estimated GF Value™ of $13.08. GuruFocus considers Mr Price Group to be Modestly Undervalued.

Key valuation signals for MRPLY:

  • Beneish M-Score: -3.07
  • GF Value™: $13.08 vs. price of $10.19 (22.1% below fair value)
  • GF Score™: 84/100 with 4 warning signs

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


Mr Price Group Business Description

Address 65 Masabalala Yengwa Avenue, Upper Level Durban Station Complex, Stamford Hill, North Concourse, Durban, NL, ZAF, 4001
Mr Price Group Ltd is a retailer that sells proprietary-branded apparel and home goods through more than a thousand stores and online channels. It operates almost exclusively in Africa, with the vast majority of sales coming from South Africa. The company's segment involves: Apparel segment; Homeware segment; Financial Services segment; Telecoms segment; and Central Services segment. It derives maximum revenue from Apparel Segment.
84GF Score

Get the complete analysis for MRPLY

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

$10.19
Price
$13.08
GF Value