QUCOF (Qualitas ControladoraB de CV) Beneish M-Score: 0.00 (As of Jul. 02, 2026)


QUCOF Qualitas Controladora SAB de CV QUCOF
81 GF Score
Price $9.10
GF Value $11.08
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Qualitas ControladoraB de CV Beneish M-Score?

Qualitas ControladoraB de CV QUCOF 81 Beneish M-Score is 0.00 as of Jul. 02, 2026. GuruFocus rates QUCOF with a GF Score™ of 81/100 and a GF Value™ of $11.08 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 401 Insurance companies, Qualitas ControladoraB de CV ranks worse than 249376.31% on this metric.

Note: Financial institutions were excluded from the sample in Beneish paper when calculating Beneish M-Score. Thus, the prediction might not fit banks and insurance companies.

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.

The historical rank and industry rank for Qualitas ControladoraB de CV's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Qualitas ControladoraB de CV was 0.00. The lowest was 0.00. And the median was 0.00.

QUCOF
81GF Score
Qualitas Controladora SAB de CV QUCOF
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Qualitas ControladoraB de CV 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 Qualitas ControladoraB de CV 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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 $2,915 Mil.
Revenue was 1256.189 + 1292.24 + 996.981 + 979.131 = $4,525 Mil.
Gross Profit was 1256.189 + 1292.24 + 996.981 + 979.131 = $4,525 Mil.
Total Current Assets was $0 Mil.
Total Assets was $6,821 Mil.
Property, Plant and Equipment(Net PPE) was $86 Mil.
Depreciation, Depletion and Amortization(DDA) was $30 Mil.
Selling, General, & Admin. Expense(SGA) was $50 Mil.
Total Current Liabilities was $0 Mil.
Long-Term Debt & Capital Lease Obligation was $0 Mil.
Net Income was 86.3 + -10.835 + 94.364 + 74.584 = $244 Mil.
Non Operating Income was -1.172 + -0.776 + -0.652 + 0.089 = $-3 Mil.
Cash Flow from Operations was -4.399 + 186.65 + 0.732 + 131.543 = $315 Mil.
 Total Receivables was $2,126 Mil.
Revenue was 980.13 + 1068.237 + 870.39 + 893.156 = $3,812 Mil.
Gross Profit was 980.13 + 1068.237 + 870.39 + 893.156 = $3,812 Mil.
Total Current Assets was $0 Mil.
Total Assets was $5,404 Mil.
Property, Plant and Equipment(Net PPE) was $75 Mil.
Depreciation, Depletion and Amortization(DDA) was $26 Mil.
Selling, General, & Admin. Expense(SGA) was $28 Mil.
Total Current Liabilities was $0 Mil.
Long-Term Debt & Capital Lease Obligation was $0 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)
=(2915.473 / 4524.541) / (2126.16 / 3811.913)
=0.644369 / 0.557767
=

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)
=(3811.913 / 3811.913) / (4524.541 / 4524.541)
=1 / 1
=

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 - (0 + 86.071) / 6820.605) / (1 - (0 + 74.751) / 5404.291)
=0.987381 / 0.986168
=

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
=4524.541 / 3811.913
=

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))
=(26.44 / (26.44 + 74.751)) / (29.997 / (29.997 + 86.071))
=0.261288 / 0.258443
=

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)
=(50.276 / 4524.541) / (28.364 / 3811.913)
=0.011112 / 0.007441
=

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)
=((0 + 0) / 6820.605) / ((0 + 0) / 5404.291)
=0 / 0
=

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
=(244.413 - -2.511 - 314.526) / 6820.605
=-0.009911

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.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
Qualitas ControladoraB de CV (QUCOF) has a Beneish M-Score of 0.00 as of Jul. 02, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Qualitas ControladoraB de CV and its competitors. According to the industry distribution chart, Qualitas ControladoraB de CV ranks #999999 out of 401 companies in the Insurance industry.
Is Qualitas ControladoraB de CV's Beneish M-Score too high?
Qualitas ControladoraB de CV's current Beneish M-Score is 0.00. Based on the distribution chart, Qualitas ControladoraB de CV ranks #999999 out of 401 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Qualitas ControladoraB de CV has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qualitas ControladoraB de CV's Beneish M-Score compare to CB and PGR?
According to the Insurance industry distribution chart, Qualitas ControladoraB de CV ranks #999999 out of 401 companies for Beneish M-Score. This places Qualitas ControladoraB de CV 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 an Insurance company?
A good Beneish M-Score depends on the Insurance 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 Qualitas ControladoraB de CV and its competitors. Qualitas ControladoraB de CV's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualitas ControladoraB de CV stock overvalued right now?
Based on GuruFocus' analysis, Qualitas ControladoraB de CV (QUCOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.08, compared to a current price of $9.10 — trading 17.9% below its estimated fair value. The current Beneish M-Score is 0.00. Qualitas ControladoraB de CV's overall GF Score™ is 81/100 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 Qualitas ControladoraB de CV (QUCOF), the current Beneish M-Score is 0.00 as of Jul. 02, 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 Qualitas ControladoraB de CV (QUCOF) Overvalued in 2026?

Based on GuruFocus' analysis, Qualitas ControladoraB de CV stock appears to be undervalued. The current stock price of $9.10 is trading 17.9% below its estimated GF Value™ of $11.08. GuruFocus considers Qualitas ControladoraB de CV to be Modestly Undervalued.

Key valuation signals for QUCOF:

  • Beneish M-Score: 0.00
  • GF Value™: $11.08 vs. price of $9.10 (17.9% below fair value)
  • GF Score™: 81/100 with 3 warning signs

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

Qualitas ControladoraB de CV Business Description

Other Exchanges Q:Mexico
Address Jose Maria Castorena No.426, Colonia San Jose de los Cedros, Cuajimalpa, Mexico City, DF, MEX, 05200
Qualitas Controladora SAB de CV provides auto insurance. The company offers a full line of property and casualty and liability insurance for vehicles and policyholders.
81GF Score

Get the complete analysis for QUCOF

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

$9.10
Price
$11.08
GF Value