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.
Warning Sign:
Beneish M-Score -1.59 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Pyxus International's Beneish M-Score or its related term are showing as below:
PYYX'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.1 Med: -2.05 Max: -1.16
Current: -1.59
During the past 13 years, the highest Beneish M-Score of Pyxus International was -1.16. The lowest was -3.10. And the median was -2.05.
Pyxus International Beneish M-Score Related Terms
Pyxus International Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Pyxus 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.
PYYX vs RYM, CHUC, HCMC: Beneish M-Score Comparison
For the Tobacco subindustry, Pyxus 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.
Pyxus International Beneish M-Score vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Pyxus International's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Pyxus International'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 Pyxus International 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 * 1.3057
+
0.528 * 0.9594
+
0.404 * 0.9452
+
0.892 * 0.9725
+
0.115 * 1.0121
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9798
+
4.679 * 0.14444
-
0.327 * 1.0019
=
-1.59
* 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))
=
(20.334 / (20.334 + 167.918))
/
(20.893 / (20.893 + 174.871))
=
0.108015
/
0.106725
=
1.0121
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
=
(14.569 - -21.762
-
-208.451)
/
1694.692
=
0.14444
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.
Pyxus International has a M-score of -1.59 signals that the company is likely to be a manipulator.
Pyxus International (PYYX) has a Beneish M-Score of -1.59 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Pyxus International and its competitors. According to the industry distribution chart, Pyxus International ranks #35 out of 45 companies in the Tobacco Products industry, placing it in the top 77.8%.
Is Pyxus International's Beneish M-Score too high?
Pyxus International's current Beneish M-Score is -1.59. Based on the distribution chart, Pyxus International ranks #35 out of 45 companies in the Tobacco Products industry, which is in the bottom quartile relative to peers. Overall, Pyxus International has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pyxus International's Beneish M-Score compare to RYM and CHUC?
According to the Tobacco Products industry distribution chart, Pyxus International ranks #35 out of 45 companies for Beneish M-Score. This places Pyxus International 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 Tobacco Products company?
A good Beneish M-Score depends on the Tobacco Products 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 Pyxus International and its competitors. Pyxus International's current Beneish M-Score is -1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pyxus International stock overvalued right now?
Based on GuruFocus' analysis, Pyxus International (PYYX) is currently considered Fairly Valued. The stock's GF Value™ is $3.15, compared to a current price of $3.48 — trading 10.5% above its estimated fair value. The current Beneish M-Score is -1.59. Pyxus International's overall GF Score™ is 46/100 with 3 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 Pyxus International (PYYX), the current Beneish M-Score is -1.59 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.
Is Pyxus International (PYYX) Overvalued in 2026?
Based on GuruFocus' analysis, Pyxus International stock appears to be overvalued.
The current stock price of $3.48 is trading 10.5% above its estimated GF Value™ of $3.15.
GuruFocus considers Pyxus International to be Fairly Valued.
Key valuation signals for PYYX:
Beneish M-Score: -1.59
GF Value™: $3.15 vs. price of $3.48 (10.5% above fair value)
No single metric tells the full story. See the PYYX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pyxus International Inc is a agricultural company. The Company is a trusted provider of responsibly sourced, independently verified, sustainable, and traceable products and ingredients, principally leaf tobacco. Its leaf tobacco operations deal mainly in flue-cured, burley, and oriental tobaccos that are used in international cigarette brands. It purchase tobacco on five continents and ship to customers globally. It mainly purchase tobacco from suppliers and assume the risk of matching the quantities and grades required by its customers to the crop it is contractually obligated to purchase. It has single segment. It has presence in China, Indonesia, United States, Belgium, United Arab Emirates, Turkey, Poland, Russia, Egypt, and Others.
46GF Score
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