PRDSF (Prada SpA) Beneish M-Score: -2.55 (As of Jun. 24, 2026)

What is Prada SpA Beneish M-Score?

Prada SpA PRDSF -0.33% 73 Beneish M-Score is -2.55 as of Jun. 24, 2026. GuruFocus rates PRDSF with a GF Score™ of 73/100 and a GF Value™ of $9.31 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,087 Retail - Cyclical companies, Prada SpA ranks worse than 52.16% 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 -2.55 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

PRDSF' s Beneish M-Score Range Over the Past 10 Years
Min: -3.24 Med: -2.86 Max: -2.53
Current: -2.55

During the past 13 years, the highest Beneish M-Score of Prada SpA was -2.53. The lowest was -3.24. And the median was -2.86.

Prada SpA Beneish M-Score Related Terms

Prada SpA Beneish M-Score Historical Data

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The historical data trend for Prada SpA'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.

Prada SpA Beneish M-Score Chart

Prada SpA Annual Data

Trend

Jan16

Jan17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Beneish M-Score

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-3.00

-2.97

-2.53

-2.95

-2.55

Prada SpA Semi-Annual Data
	Jan16	Jul16	Jan17	Jul17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Beneish M-Score	Get a 7-Day Free Trial															-2.53	0.00	-2.95	0.00	-2.55

PRDSF vs TPR: Beneish M-Score Comparison

For the Luxury Goods subindustry, Prada SpA'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.

Prada SpA Beneish M-Score vs Retail - Cyclical Industry

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

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

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73GF Score

Prada SpA PRDSF

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

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Prada SpA 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 Prada SpA 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 * 1.0502

0.528 * 0.9941

0.404 * 1.337

0.892 * 1.1771

0.115 * 1.0705

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 1.0266

4.679 * -0.072853

0.327 * 1.2126

-2.55

This Year (Dec25) TTM:

Last Year (Dec24) TTM:

Total Receivables was $549 Mil.
Revenue was $6,695 Mil.
Gross Profit was $5,377 Mil.
Total Current Assets was $3,562 Mil.
Total Assets was $12,896 Mil.
Property, Plant and Equipment(Net PPE) was $6,373 Mil.
Depreciation, Depletion and Amortization(DDA) was $954 Mil.
Selling, General, & Admin. Expense(SGA) was $3,668 Mil.
Total Current Liabilities was $2,575 Mil.
Long-Term Debt & Capital Lease Obligation was $4,512 Mil.
Net Income was $998 Mil.
Gross Profit was $0 Mil.
Cash Flow from Operations was $1,937 Mil.

Total Receivables was $444 Mil.
Revenue was $5,687 Mil.
Gross Profit was $4,541 Mil.
Total Current Assets was $2,611 Mil.
Total Assets was $8,884 Mil.
Property, Plant and Equipment(Net PPE) was $4,748 Mil.
Depreciation, Depletion and Amortization(DDA) was $769 Mil.
Selling, General, & Admin. Expense(SGA) was $3,036 Mil.
Total Current Liabilities was $1,763 Mil.
Long-Term Debt & Capital Lease Obligation was $2,264 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)
	=	(548.698 / 6694.989)	/	(443.84 / 5687.494)
	=	0.081957	/	0.078038
	=	1.0502

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)
	=	(4541.039 / 5687.494)	/	(5377.139 / 6694.989)
	=	0.798425	/	0.803159
	=	0.9941

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 - (3562.354 + 6373.273) / 12895.711)	/	(1 - (2610.843 + 4747.654) / 8883.671)
	=	0.22954	/	0.171683
	=	1.337

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
	=	6694.989	/	5687.494
	=	1.1771

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))
	=	(769.281 / (769.281 + 4747.654))	/	(954.447 / (954.447 + 6373.273))
	=	0.13944	/	0.130252
	=	1.0705

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)
	=	(3668.356 / 6694.989)	/	(3035.663 / 5687.494)
	=	0.547926	/	0.533744
	=	1.0266

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)
	=	((4512.09 + 2575.458) / 12895.711)	/	((2263.79 + 1762.777) / 8883.671)
	=	0.549605	/	0.453255
	=	1.2126

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
	=	(997.583 - 0	-	1937.07)	/	12895.711
	=	-0.072853

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.

Prada SpA has a M-score of -2.55 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 -2.55 mean?

Prada SpA (PRDSF) has a Beneish M-Score of -2.55 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Prada SpA and its competitors. According to the industry distribution chart, Prada SpA ranks #567 out of 1087 companies in the Retail - Cyclical industry, placing it in the top 52.2%.

Is Prada SpA's Beneish M-Score too high?

Prada SpA's current Beneish M-Score is -2.55. Based on the distribution chart, Prada SpA ranks #567 out of 1087 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Prada SpA has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Prada SpA's Beneish M-Score compare to TPR?

According to the Retail - Cyclical industry distribution chart, Prada SpA ranks #567 out of 1087 companies for Beneish M-Score. This places Prada SpA in the lower 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 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 Prada SpA and its competitors. Prada SpA's current Beneish M-Score is -2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Prada SpA stock overvalued right now?

Based on GuruFocus' analysis, Prada SpA (PRDSF) is currently considered Significantly Undervalued. The stock's GF Value™ is $9.31, compared to a current price of $4.73 — trading 49.2% below its estimated fair value. The current Beneish M-Score is -2.55. Prada SpA's overall GF Score™ is 73/100 with 2 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 Prada SpA (PRDSF), the current Beneish M-Score is -2.55 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 Prada SpA (PRDSF) Overvalued in 2026?

Based on GuruFocus' analysis, Prada SpA stock appears to be undervalued. The current stock price of $4.73 is trading 49.2% below its estimated GF Value™ of $9.31. GuruFocus considers Prada SpA to be Significantly Undervalued.

Key valuation signals for PRDSF:

Beneish M-Score: -2.55
GF Value™: $9.31 vs. price of $4.73 (49.2% below fair value)
GF Score™: 73/100 with 2 warning signs

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

Prada SpA Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies HKSE:06181 HKSE:01929 HKSE:00590 HKSE:06168 HKSE:00116 HKSE:02583 HKSE:02585 HKSE:00113 HKSE:00887 HKSE:00398 XPAR:MC XPAR:RMS XSWX:CFR XPAR:CDI NSE:TITAN XPAR:KER TPR XSWX:UHR OCSE:PNDORA MIL:BC

Other Exchanges PRDSY:USA 01913:Hong Kong PRP:Germany

Address Via Antonio Fogazzaro, 28, Milan, ITA, 20135

Website https://www.pradagroup.com

Prada is a family-owned holding comprising the Prada brand, a younger and more fashion-oriented Miu Miu, and two classic shoe brands: Church's and Car Shoe. The company generates EUR 5.4 billion in sales, with over 70% from the Prada brand. Geographically, Asia is the biggest region with 33% of retail sales, followed by Europe at 32%, 17% in the Americas, and 13% in Japan. In 2025, the Prada group acquired the Versace brand, which should contribute 13% of revenue on a pro forma basis.

73GF Score

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

$4.73

Price

$9.31

GF Value

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