CACI International (STU:CA8A) Beneish M-Score: -2.30 (As of Aug. 06, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:CA8A CACI International Inc STU:CA8A
88 GF Score
Price €446.00
GF Value €476.06
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is CACI International Beneish M-Score?

CACI International STU:CA8A -1.11% 88 Beneish M-Score is -2.30 as of Aug. 06, 2026. GuruFocus rates STU:CA8A with a GF Score™ of 88/100 and a GF Value™ of €476.06 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,628 Software companies, CACI International ranks worse than 64.92% 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 -2.3 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

STU:CA8A' s Beneish M-Score Range Over the Past 10 Years
Min: -2.7   Med: -2.46   Max: -2.29
Current: -2.3

During the past 13 years, the highest Beneish M-Score of CACI International was -2.29. The lowest was -2.70. And the median was -2.46.


CACI International Beneish M-Score Historical Data

* Premium members only.

The historical data trend for CACI 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.

CACI International Beneish M-Score Chart

CACI International Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.61 -2.54 -2.39 -2.30 0.00

CACI International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -2.30 0.00 0.00 0.00 0.00

STU:CA8A vs JKHY, WSE, CIFR: Beneish M-Score Comparison

For the Information Technology Services subindustry, CACI 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.


CACI International Beneish M-Score vs Software Industry

For the Software industry and Technology sector, CACI International's Beneish M-Score distribution charts can be found below:

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


STU:CA8A
88GF Score
CACI International Inc STU:CA8A
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CACI International 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 CACI 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 * 1.094+0.528 * 0.9213+0.404 * 1.0177+0.892 * 1.1102+0.115 * 1.0829
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.029688-0.327 * 1.1237
=-2.50

* 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 (Jun26) TTM:Last Year (Jun25) TTM:
Total Receivables was €1,480 Mil.
Revenue was €8,305 Mil.
Gross Profit was €798 Mil.
Total Current Assets was €1,963 Mil.
Total Assets was €10,259 Mil.
Property, Plant and Equipment(Net PPE) was €676 Mil.
Depreciation, Depletion and Amortization(DDA) was €213 Mil.
Selling, General, & Admin. Expense(SGA) was €0 Mil.
Total Current Liabilities was €1,323 Mil.
Long-Term Debt & Capital Lease Obligation was €4,589 Mil.
Net Income was €465 Mil.
Gross Profit was €0 Mil.
Cash Flow from Operations was €770 Mil.
Total Receivables was €1,219 Mil.
Revenue was €7,480 Mil.
Gross Profit was €663 Mil.
Total Current Assets was €1,543 Mil.
Total Assets was €7,497 Mil.
Property, Plant and Equipment(Net PPE) was €482 Mil.
Depreciation, Depletion and Amortization(DDA) was €169 Mil.
Selling, General, & Admin. Expense(SGA) was €0 Mil.
Total Current Liabilities was €1,047 Mil.
Long-Term Debt & Capital Lease Obligation was €2,797 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)
=(1480.016 / 8304.832) / (1218.517 / 7480.323)
=0.178211 / 0.162896
=1.094

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)
=(662.548 / 7480.323) / (798.399 / 8304.832)
=0.088572 / 0.096137
=0.9213

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 - (1962.847 + 676.294) / 10259.451) / (1 - (1543.212 + 482.034) / 7497.467)
=0.74276 / 0.729876
=1.0177

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
=8304.832 / 7480.323
=1.1102

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))
=(169.173 / (169.173 + 482.034)) / (213.44 / (213.44 + 676.294))
=0.259784 / 0.239892
=1.0829

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)
=(0 / 8304.832) / (0 / 7480.323)
=0 / 0
=1

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)
=((4588.706 + 1322.773) / 10259.451) / ((2797.176 + 1047.428) / 7497.467)
=0.576198 / 0.512787
=1.1237

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
=(465.081 - 0 - 769.664) / 10259.451
=-0.029688

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.

CACI International has a M-score of -2.50 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 -2.30 mean?
CACI International (STU:CA8A) has a Beneish M-Score of -2.30 as of Aug. 06, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on CACI International and its competitors. According to the industry distribution chart, CACI International ranks #1706 out of 2628 companies in the Software industry, placing it in the top 64.9%.
Is CACI International's Beneish M-Score too high?
CACI International's current Beneish M-Score is -2.30. Based on the distribution chart, CACI International ranks #1706 out of 2628 companies in the Software industry, which is below the industry midpoint. Overall, CACI International has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CACI International's Beneish M-Score compare to JKHY and WSE?
According to the Software industry distribution chart, CACI International ranks #1706 out of 2628 companies for Beneish M-Score. This places CACI 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 Software company?
A good Beneish M-Score depends on the Software 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 CACI International and its competitors. CACI International's current Beneish M-Score is -2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CACI International stock overvalued right now?
Based on GuruFocus' analysis, CACI International (STU:CA8A) is currently considered Fairly Valued. The stock's GF Value™ is €476.06, compared to a current price of €446.00 — trading 6.3% below its estimated fair value. The current Beneish M-Score is -2.30. CACI International's overall GF Score™ is 88/100 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 CACI International (STU:CA8A), the current Beneish M-Score is -2.30 as of Aug. 06, 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 CACI International (STU:CA8A) Overvalued in 2026?

Based on GuruFocus' analysis, CACI International stock appears to be undervalued. The current stock price of €446.00 is trading 6.3% below its estimated GF Value™ of €476.06. GuruFocus considers CACI International to be Fairly Valued.

Key valuation signals for STU:CA8A:

  • Beneish M-Score: -2.30
  • GF Value™: €476.06 vs. price of €446.00 (6.3% below fair value)
  • GF Score™: 88/100 with 3 warning signs

No single metric tells the full story. See the STU:CA8A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CACI International Business Description

Other Exchanges CACI:USAC2AC34:Brazil
Address 12021 Sunset Hills Road, Reston, VA, USA, 20190
CACI International Inc is an information solutions and services provider, offering information solutions and services to its customers. The company's primary customers are agencies and departments of the U.S. government, which account for the vast majority of the firm's revenue. It provides information solutions and services supporting national security missions and government modernization for intelligence, defense, and federal civilian customers. Some of the services provided by the company are functional software development, data, and business analysis, IT operations support, naval architecture, and life cycle support intelligence among others. The company's operating segments are; Domestic operations and International operations. It derives key revenue from the Domestic segment.
88GF Score

Get the complete analysis for STU:CA8A

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

€446.00
Price
€476.06
GF Value