PZCUY (PZ Cussons) Beneish M-Score: -2.72 (As of Jun. 25, 2026)


PZCUY PZ Cussons PLC PZCUY
53 GF Score
Price $1.51
GF Value $1.39
! 8 Warning Signs
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What is PZ Cussons Beneish M-Score?

PZ Cussons PZCUY 53 Beneish M-Score is -2.72 as of Jun. 25, 2026. GuruFocus rates PZCUY with a GF Score™ of 53/100 and a GF Value™ of $1.39. The stock has 8 warning signs investors should review. Among 1,849 Consumer Packaged Goods companies, PZ Cussons ranks better than 67.55% 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 -2.72 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

PZCUY' s Beneish M-Score Range Over the Past 10 Years
Min: -3.25   Med: -2.64   Max: -2.46
Current: -2.72

During the past 13 years, the highest Beneish M-Score of PZ Cussons was -2.46. The lowest was -3.25. And the median was -2.64.


PZ Cussons Beneish M-Score Historical Data

* Premium members only.

The historical data trend for PZ Cussons'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.

PZ Cussons Beneish M-Score Chart

PZ Cussons Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.80 -2.52 -2.57 -2.76 -2.72

PZ Cussons Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.00 -2.76 0.00 -2.72 0.00

PZCUY vs PG, CL, KVUE: Beneish M-Score Comparison

For the Household & Personal Products subindustry, PZ Cussons'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.


PZ Cussons Beneish M-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PZ Cussons's Beneish M-Score distribution charts can be found below:

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


PZCUY
53GF Score
PZ Cussons PLC PZCUY
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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PZ Cussons 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 PZ Cussons 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 * 1.2371+0.528 * 0.617+0.404 * 0.8891+0.892 * 1.0279+0.115 * 1.4053
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0053+4.679 * -0.047627-0.327 * 1.0427
=-2.68

* 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 (May25) TTM:Last Year (May24) TTM:
Total Receivables was $159.1 Mil.
Revenue was $686.0 Mil.
Gross Profit was $276.1 Mil.
Total Current Assets was $326.0 Mil.
Total Assets was $821.4 Mil.
Property, Plant and Equipment(Net PPE) was $76.1 Mil.
Depreciation, Depletion and Amortization(DDA) was $16.2 Mil.
Selling, General, & Admin. Expense(SGA) was $212.3 Mil.
Total Current Liabilities was $320.8 Mil.
Long-Term Debt & Capital Lease Obligation was $153.5 Mil.
Net Income was $-7.7 Mil.
Gross Profit was $0.0 Mil.
Cash Flow from Operations was $31.4 Mil.
Total Receivables was $125.2 Mil.
Revenue was $667.4 Mil.
Gross Profit was $165.7 Mil.
Total Current Assets was $282.8 Mil.
Total Assets was $821.2 Mil.
Property, Plant and Equipment(Net PPE) was $67.0 Mil.
Depreciation, Depletion and Amortization(DDA) was $21.9 Mil.
Selling, General, & Admin. Expense(SGA) was $205.4 Mil.
Total Current Liabilities was $239.9 Mil.
Long-Term Debt & Capital Lease Obligation was $214.9 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)
=(159.146 / 685.981) / (125.158 / 667.383)
=0.231998 / 0.187535
=1.2371

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)
=(165.74 / 667.383) / (276.101 / 685.981)
=0.248343 / 0.402491
=0.617

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 - (326.035 + 76.101) / 821.362) / (1 - (282.807 + 67.004) / 821.239)
=0.510403 / 0.574045
=0.8891

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
=685.981 / 667.383
=1.0279

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))
=(21.871 / (21.871 + 67.004)) / (16.155 / (16.155 + 76.101))
=0.246087 / 0.175111
=1.4053

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)
=(212.283 / 685.981) / (205.436 / 667.383)
=0.309459 / 0.307823
=1.0053

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)
=((153.538 + 320.828) / 821.362) / ((214.918 + 239.949) / 821.239)
=0.577536 / 0.553879
=1.0427

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
=(-7.744 - 0 - 31.375) / 821.362
=-0.047627

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.

PZ Cussons has a M-score of -2.68 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 -2.72 mean?
PZ Cussons (PZCUY) has a Beneish M-Score of -2.72 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on PZ Cussons and its competitors. According to the industry distribution chart, PZ Cussons ranks #600 out of 1849 companies in the Consumer Packaged Goods industry, placing it in the top 32.4%.
Is PZ Cussons' Beneish M-Score too high?
PZ Cussons' current Beneish M-Score is -2.72. Based on the distribution chart, PZ Cussons ranks #600 out of 1849 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, PZ Cussons has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does PZ Cussons' Beneish M-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, PZ Cussons ranks #600 out of 1849 companies for Beneish M-Score. This puts PZ Cussons 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 Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods 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 PZ Cussons and its competitors. PZ Cussons's current Beneish M-Score is -2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PZ Cussons stock overvalued right now?
PZ Cussons (PZCUY) has a current Beneish M-Score of -2.72. The stock's GF Value™ is $1.39, compared to a current price of $1.51 — trading 8.6% above its estimated fair value. The current Beneish M-Score is -2.72. PZ Cussons' overall GF Score™ is 53/100 with 8 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 PZ Cussons (PZCUY), the current Beneish M-Score is -2.72 as of Jun. 25, 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 PZ Cussons (PZCUY) Overvalued in 2026?

Based on GuruFocus' analysis, PZ Cussons stock appears to be overvalued. The current stock price of $1.51 is trading 8.6% above its estimated GF Value™ of $1.39.

Key valuation signals for PZCUY:

  • Beneish M-Score: -2.72
  • GF Value™: $1.39 vs. price of $1.51 (8.6% above fair value)
  • GF Score™: 53/100 with 8 warning signs

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


PZ Cussons Business Description

Other Exchanges PZCl:UKPZC:UK1ZQ:Germany
Address 3500 Aviator Way, Manchester Business Park, Manchester, GBR, M22 5TG
PZ Cussons PLC is a household and personal-care company. Its main business categories are personal care and beauty, home care, food and nutrition, and electricals. The principal activities of the Group are the manufacture and distribution of soaps, detergents, toiletries, beauty products, pharmaceuticals, electrical goods, edible oils, fats and spreads, and nutritional products. The geographical segments of the company are Europe and the Americas, Asia Pacific, Africa, and the Central regions. The company derives its maximum revenue from Europe and the Americas.
53GF Score

Get the complete analysis for PZCUY

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

$1.51
Price
$1.39
GF Value