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 -2.81 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Arlo Technologies's Beneish M-Score or its related term are showing as below:
STU:2VI'
s Beneish M-Score Range Over the Past 10 Years
Min: -4.89 Med: -3.52 Max: -2.25
Current: -2.81
During the past 10 years, the highest Beneish M-Score of Arlo Technologies was -2.25. The lowest was -4.89. And the median was -3.52.
Arlo Technologies Beneish M-Score Related Terms
Arlo Technologies Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Arlo Technologies'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.
STU:2VI vs NPKI, ROCK, APOG: Beneish M-Score Comparison
For the Building Products & Equipment subindustry, Arlo Technologies'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.
Arlo Technologies Beneish M-Score vs Construction Industry
For the Construction industry and Industrials sector, Arlo Technologies's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Arlo Technologies'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 Arlo Technologies 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 * 1.0305
+
0.528 * 0.8456
+
0.404 * 1.8004
+
0.892 * 1.0281
+
0.115 * 0.7224
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9425
+
4.679 * -0.153916
-
0.327 * 0.811
=
-2.87
* 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))
=
(2.903 / (2.903 + 20.378))
/
(4.127 / (4.127 + 19.782))
=
0.124694
/
0.172613
=
0.7224
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
=
(26.356 - 9.309
-
65.002)
/
311.566
=
-0.153916
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.
Arlo Technologies has a M-score of -2.87 suggests that the company is unlikely to be a manipulator.
Arlo Technologies (STU:2VI) has a Beneish M-Score of -2.81 as of Jul. 07, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Arlo Technologies and its competitors. According to the industry distribution chart, Arlo Technologies ranks #443 out of 1700 companies in the Construction industry, placing it in the top 26.1%.
Is Arlo Technologies' Beneish M-Score too high?
Arlo Technologies' current Beneish M-Score is -2.81. Based on the distribution chart, Arlo Technologies ranks #443 out of 1700 companies in the Construction industry, which is above the industry midpoint. Overall, Arlo Technologies has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Arlo Technologies' Beneish M-Score compare to NPKI and ROCK?
According to the Construction industry distribution chart, Arlo Technologies ranks #443 out of 1700 companies for Beneish M-Score. This puts Arlo Technologies 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 Construction company?
A good Beneish M-Score depends on the Construction 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 Arlo Technologies and its competitors. Arlo Technologies's current Beneish M-Score is -2.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arlo Technologies stock overvalued right now?
Arlo Technologies (STU:2VI) has a current Beneish M-Score of -2.81. The stock's GF Value™ is €9.86, compared to a current price of €11.48 — trading 16.4% above its estimated fair value. The current Beneish M-Score is -2.81. Arlo Technologies' overall GF Score™ is 61/100 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 Arlo Technologies (STU:2VI), the current Beneish M-Score is -2.81 as of Jul. 07, 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 Arlo Technologies (STU:2VI) Overvalued in 2026?
Based on GuruFocus' analysis, Arlo Technologies stock appears to be overvalued.
The current stock price of €11.48 is trading 16.4% above its estimated GF Value™ of €9.86.
Key valuation signals for STU:2VI:
Beneish M-Score: -2.81
GF Value™: €9.86 vs. price of €11.48 (16.4% above fair value)
No single metric tells the full story. See the STU:2VI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arlo Technologies Inc is engaged in the provision of security and video monitoring solutions for homes and businesses. Its cloud-based platform provides users with visibility, insight, and a powerful means to help protect and connect in real-time with the people and things that matter, from any location with a Wi-Fi or cellular connection. The company offers subscription services such as Arlo Secure, Arlo Total Security, and Arlo Safe, and several categories of smart security devices, including smart Wi-Fi and LTE-enabled cameras, video doorbells, floodlight cameras, and home security systems. Geographically, the company generates a majority of its revenue from the United States, followed by Spain, Sweden, and other countries.
61GF Score
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Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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