Rollins (STU:RLS) Beneish M-Score: -2.57 (As of Jun. 25, 2026)


STU:RLS Rollins Inc STU:RLS
88 GF Score
Price €39.21
GF Value €52.87
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Rollins Beneish M-Score?

Rollins STU:RLS +0.05% 88 Beneish M-Score is -2.57 as of Jun. 25, 2026. GuruFocus rates STU:RLS with a GF Score™ of 88/100 and a GF Value™ of €52.87 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 92 Personal Services companies, Rollins ranks worse than 56.52% 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 -2.57 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

STU:RLS' s Beneish M-Score Range Over the Past 10 Years
Min: -2.86   Med: -2.62   Max: -2.46
Current: -2.57

During the past 13 years, the highest Beneish M-Score of Rollins was -2.46. The lowest was -2.86. And the median was -2.62.


Rollins Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Rollins'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.

Rollins Beneish M-Score Chart

Rollins Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.55 -2.53 -2.70 -2.62 -2.68

Rollins Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -2.64 -2.62 -2.68 -2.68 -2.57

STU:RLS vs SCI, HRB, FTDR: Beneish M-Score Comparison

For the Personal Services subindustry, Rollins'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.


Rollins Beneish M-Score vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Rollins's Beneish M-Score distribution charts can be found below:

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


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

Rollins 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 Rollins 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 * 0.9939+0.528 * 1.0016+0.404 * 1.0658+0.892 * 1.0295+0.115 * 0.9119
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0073+4.679 * -0.038758-0.327 * 1.0255
=-2.63

* 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 €221 Mil.
Revenue was 784.057 + 779.628 + 874.242 + 866.59 = €3,305 Mil.
Gross Profit was 398.68 + 397.411 + 475.975 + 466.156 = €1,738 Mil.
Total Current Assets was €444 Mil.
Total Assets was €2,734 Mil.
Property, Plant and Equipment(Net PPE) was €465 Mil.
Depreciation, Depletion and Amortization(DDA) was €110 Mil.
Selling, General, & Admin. Expense(SGA) was €1,002 Mil.
Total Current Liabilities was €687 Mil.
Long-Term Debt & Capital Lease Obligation was €663 Mil.
Net Income was 93.28 + 99.441 + 139.325 + 122.671 = €455 Mil.
Non Operating Income was 0.4 + 1.778 + 0.298 + 0.253 = €3 Mil.
Cash Flow from Operations was 102.387 + 140.691 + 163.029 + 151.831 = €558 Mil.
Total Receivables was €216 Mil.
Revenue was 760.816 + 794.721 + 825.559 + 828.594 = €3,210 Mil.
Gross Profit was 390.692 + 407.505 + 445.435 + 447.439 = €1,691 Mil.
Total Current Assets was €514 Mil.
Total Assets was €2,727 Mil.
Property, Plant and Equipment(Net PPE) was €505 Mil.
Depreciation, Depletion and Amortization(DDA) was €107 Mil.
Selling, General, & Admin. Expense(SGA) was €966 Mil.
Total Current Liabilities was €589 Mil.
Long-Term Debt & Capital Lease Obligation was €725 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)
=(220.544 / 3304.517) / (215.528 / 3209.69)
=0.06674 / 0.067149
=0.9939

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)
=(1691.071 / 3209.69) / (1738.222 / 3304.517)
=0.526864 / 0.526014
=1.0016

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 - (444.331 + 465.024) / 2733.602) / (1 - (514.273 + 505.454) / 2727.416)
=0.667342 / 0.62612
=1.0658

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
=3304.517 / 3209.69
=1.0295

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))
=(106.848 / (106.848 + 505.454)) / (110.046 / (110.046 + 465.024))
=0.174502 / 0.191361
=0.9119

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)
=(1001.962 / 3304.517) / (966.188 / 3209.69)
=0.30321 / 0.301022
=1.0073

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)
=((663.022 + 687.383) / 2733.602) / ((724.809 + 589.058) / 2727.416)
=0.494002 / 0.481726
=1.0255

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
=(454.717 - 2.729 - 557.938) / 2733.602
=-0.038758

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.

Rollins has a M-score of -2.63 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 -2.57 mean?
Rollins (STU:RLS) has a Beneish M-Score of -2.57 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Rollins and its competitors. According to the industry distribution chart, Rollins ranks #52 out of 92 companies in the Personal Services industry, placing it in the top 56.5%.
Is Rollins' Beneish M-Score too high?
Rollins' current Beneish M-Score is -2.57. Based on the distribution chart, Rollins ranks #52 out of 92 companies in the Personal Services industry, which is below the industry midpoint. Overall, Rollins has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rollins' Beneish M-Score compare to SCI and HRB?
According to the Personal Services industry distribution chart, Rollins ranks #52 out of 92 companies for Beneish M-Score. This places Rollins 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 Personal Services company?
A good Beneish M-Score depends on the Personal Services 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 Rollins and its competitors. Rollins's current Beneish M-Score is -2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rollins stock overvalued right now?
Based on GuruFocus' analysis, Rollins (STU:RLS) is currently considered Modestly Undervalued. The stock's GF Value™ is €52.87, compared to a current price of €39.21 — trading 25.8% below its estimated fair value. The current Beneish M-Score is -2.57. Rollins' overall GF Score™ is 88/100 with 2 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 Rollins (STU:RLS), the current Beneish M-Score is -2.57 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 Rollins (STU:RLS) Overvalued in 2026?

Based on GuruFocus' analysis, Rollins stock appears to be undervalued. The current stock price of €39.21 is trading 25.8% below its estimated GF Value™ of €52.87. GuruFocus considers Rollins to be Modestly Undervalued.

Key valuation signals for STU:RLS:

  • Beneish M-Score: -2.57
  • GF Value™: €52.87 vs. price of €39.21 (25.8% below fair value)
  • GF Score™: 88/100 with 2 warning signs

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


Rollins Business Description

Address 2170 Piedmont Road, N.E., Atlanta, GA, USA, 30324
Rollins is a global leader in route-based pest control services, with operations primarily in the United States and across North, Central, and South America, Europe, the Middle East, Africa, and Australia. Its portfolio of pest-control brands includes the prominent Orkin brand, a market leader in the US and Canada, with near-national coverage. It also has a portfolio of other brands, which it uses to reach customers through alternative sales channels. Residential pest and termite prevention accounts for the majority of Rollins' services, reflecting its ongoing focus on the US and Canadian markets.
88GF Score

Get the complete analysis for STU:RLS

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

€39.21
Price
€52.87
GF Value