PLTK (Playtika Holding) Beneish M-Score: -3.73 (As of Jul. 18, 2026)

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PLTK Playtika Holding Corp PLTK
64 GF Score
Price $4.02
GF Value $7.60
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Playtika Holding Beneish M-Score?

Playtika Holding PLTK -2.66% 64 Beneish M-Score is -3.73 as of Jul. 18, 2026. GuruFocus rates PLTK with a GF Score™ of 64/100 and a GF Value™ of $7.60 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 532 Interactive Media companies, Playtika Holding ranks better than 84.59% 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 -3.73 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

PLTK' s Beneish M-Score Range Over the Past 10 Years
Min: -3.73   Med: -2.78   Max: -2.33
Current: -3.73

During the past 9 years, the highest Beneish M-Score of Playtika Holding was -2.33. The lowest was -3.73. And the median was -2.78.


Playtika Holding Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Playtika Holding'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.

Playtika Holding Beneish M-Score Chart

Playtika Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only -2.68 -2.79 -2.59 -2.54 -3.66

Playtika Holding 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 -2.55 -2.51 -2.64 -3.66 -3.73

PLTK vs DDI, GRVY, SOHU: Beneish M-Score Comparison

For the Electronic Gaming & Multimedia subindustry, Playtika Holding'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.


Playtika Holding Beneish M-Score vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Playtika Holding's Beneish M-Score distribution charts can be found below:

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


PLTK
64GF Score
Playtika Holding Corp PLTK
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Playtika Holding 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 Playtika Holding 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 * 0.8701+0.528 * 0.9945+0.404 * 0.9248+0.892 * 1.073+0.115 * 0.8866
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.5142+4.679 * -0.219697-0.327 * 1.1148
=-3.73

* 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 $180 Mil.
Revenue was 744.7 + 678.8 + 674.6 + 696 = $2,794 Mil.
Gross Profit was 552.5 + 491.9 + 496.2 + 500.2 = $2,041 Mil.
Total Current Assets was $1,069 Mil.
Total Assets was $3,687 Mil.
Property, Plant and Equipment(Net PPE) was $215 Mil.
Depreciation, Depletion and Amortization(DDA) was $221 Mil.
Selling, General, & Admin. Expense(SGA) was $1,736 Mil.
Total Current Liabilities was $904 Mil.
Long-Term Debt & Capital Lease Obligation was $2,484 Mil.
Net Income was -57.5 + -309.3 + 39.1 + 33.2 = $-295 Mil.
Non Operating Income was 3.4 + -13.9 + -11.5 + -34.2 = $-56 Mil.
Cash Flow from Operations was 22.8 + 285.9 + 116.9 + 146.1 = $572 Mil.
Total Receivables was $193 Mil.
Revenue was 706 + 650.3 + 620.8 + 627 = $2,604 Mil.
Gross Profit was 508.6 + 471.5 + 452.7 + 458.8 = $1,892 Mil.
Total Current Assets was $828 Mil.
Total Assets was $3,577 Mil.
Property, Plant and Equipment(Net PPE) was $228 Mil.
Depreciation, Depletion and Amortization(DDA) was $186 Mil.
Selling, General, & Admin. Expense(SGA) was $1,069 Mil.
Total Current Liabilities was $458 Mil.
Long-Term Debt & Capital Lease Obligation was $2,490 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)
=(180 / 2794.1) / (192.8 / 2604.1)
=0.064421 / 0.074037
=0.8701

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)
=(1891.6 / 2604.1) / (2040.8 / 2794.1)
=0.726393 / 0.730396
=0.9945

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 - (1068.9 + 215) / 3686.9) / (1 - (827.8 + 228) / 3576.6)
=0.651767 / 0.704803
=0.9248

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
=2794.1 / 2604.1
=1.073

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))
=(185.7 / (185.7 + 228)) / (220.5 / (220.5 + 215))
=0.448876 / 0.506315
=0.8866

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)
=(1736 / 2794.1) / (1068.5 / 2604.1)
=0.621309 / 0.410315
=1.5142

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)
=((2483.7 + 904.1) / 3686.9) / ((2489.6 + 458.3) / 3576.6)
=0.918875 / 0.824219
=1.1148

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
=(-294.5 - -56.2 - 571.7) / 3686.9
=-0.219697

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.

Playtika Holding has a M-score of -3.73 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 -3.73 mean?
Playtika Holding (PLTK) has a Beneish M-Score of -3.73 as of Jul. 18, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Playtika Holding and its competitors. According to the industry distribution chart, Playtika Holding ranks #82 out of 532 companies in the Interactive Media industry, placing it in the top 15.4%.
Is Playtika Holding's Beneish M-Score too high?
Playtika Holding's current Beneish M-Score is -3.73. Based on the distribution chart, Playtika Holding ranks #82 out of 532 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Playtika Holding has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Playtika Holding's Beneish M-Score compare to DDI and GRVY?
According to the Interactive Media industry distribution chart, Playtika Holding ranks #82 out of 532 companies for Beneish M-Score. This places Playtika Holding in the top 15% 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 an Interactive Media company?
A good Beneish M-Score depends on the Interactive Media 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 Playtika Holding and its competitors. Playtika Holding's current Beneish M-Score is -3.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Playtika Holding stock overvalued right now?
Based on GuruFocus' analysis, Playtika Holding (PLTK) is currently considered Possible Value Trap. The stock's GF Value™ is $7.60, compared to a current price of $4.02 — trading 47.2% below its estimated fair value. The current Beneish M-Score is -3.73. Playtika Holding's overall GF Score™ is 64/100 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 Playtika Holding (PLTK), the current Beneish M-Score is -3.73 as of Jul. 18, 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 Playtika Holding (PLTK) Overvalued in 2026?

Based on GuruFocus' analysis, Playtika Holding stock appears to be undervalued. The current stock price of $4.02 is trading 47.2% below its estimated GF Value™ of $7.60. GuruFocus considers Playtika Holding to be Possible Value Trap.

Key valuation signals for PLTK:

  • Beneish M-Score: -3.73
  • GF Value™: $7.60 vs. price of $4.02 (47.2% below fair value)
  • GF Score™: 64/100 with 5 warning signs

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


Playtika Holding Business Description

Other Exchanges 8II:Germany
Address C/o Playtika Ltd, HaChoshlim Street 8, Herzliya Pituarch, ISR, 46767
Playtika Holding Corp is engaged in developing mobile games. Some of its games include Board Kings, House of Fun, Poker Heat, Slotomania, and Bingo Blitz. The company has built live game operations services and a proprietary technology platform to support its portfolio of games. It derives revenue from the sale of virtual items associated with online games. Geographically, the group has a business presence in the USA, EMEA, APAC, and Other regions of which key revenue is derived from the USA. The company offers both Mobile and Web-based platforms.
64GF Score

Get the complete analysis for PLTK

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

$4.02
Price
$7.60
GF Value