TUI AGSTU:TUI1 +5.23%68 Beneish M-Score is -2.78 as of Jun. 26, 2026. GuruFocus rates STU:TUI1 with a GF Score™ of 68/100 and a GF Value™ of €7.16 (Fairly Valued). The stock has 4 warning signs investors should review. Among 824 Travel & Leisure companies, TUI AG ranks better than 64.08% 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 -2.78 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for TUI AG's Beneish M-Score or its related term are showing as below:
STU:TUI1'
s Beneish M-Score Range Over the Past 10 Years
Min: -9.53 Med: -2.74 Max: 76.32
Current: -2.78
During the past 13 years, the highest Beneish M-Score of TUI AG was 76.32. The lowest was -9.53. And the median was -2.74.
TUI AG Beneish M-Score Related Terms
TUI AG Beneish M-Score Historical Data
* Premium members only.
The historical data trend for TUI AG'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:TUI1 vs BKNG, ABNB, RCL: Beneish M-Score Comparison
For the Travel Services subindustry, TUI AG'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.
TUI AG Beneish M-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, TUI AG's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where TUI AG'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 TUI AG 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 * 0.9524
+
0.528 * 0.9907
+
0.404 * 0.9687
+
0.892 * 1.0157
+
0.115 * 1.0353
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0337
+
4.679 * -0.061575
-
0.327 * 0.8956
=
-2.78
* 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))
=
(884.7 / (884.7 + 6688.2))
/
(889.5 / (889.5 + 6992.9))
=
0.116824
/
0.112846
=
1.0353
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
=
(702 - 0
-
1819.1)
/
18142.1
=
-0.061575
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.
TUI AG has a M-score of -2.78 suggests that the company is unlikely to be a manipulator.
TUI AG (STU:TUI1) has a Beneish M-Score of -2.78 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on TUI AG and its competitors. According to the industry distribution chart, TUI AG ranks #296 out of 824 companies in the Travel & Leisure industry, placing it in the top 35.9%.
Is TUI AG's Beneish M-Score too high?
TUI AG's current Beneish M-Score is -2.78. Based on the distribution chart, TUI AG ranks #296 out of 824 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, TUI AG has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TUI AG's Beneish M-Score compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, TUI AG ranks #296 out of 824 companies for Beneish M-Score. This puts TUI AG 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 Travel & Leisure company?
A good Beneish M-Score depends on the Travel & Leisure 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 TUI AG and its competitors. TUI AG's current Beneish M-Score is -2.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TUI AG stock overvalued right now?
Based on GuruFocus' analysis, TUI AG (STU:TUI1) is currently considered Fairly Valued. The stock's GF Value™ is €7.16, compared to a current price of €7.69 — trading 7.4% above its estimated fair value. The current Beneish M-Score is -2.78. TUI AG's overall GF Score™ is 68/100 with 4 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 TUI AG (STU:TUI1), the current Beneish M-Score is -2.78 as of Jun. 26, 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 TUI AG (STU:TUI1) Overvalued in 2026?
Based on GuruFocus' analysis, TUI AG stock appears to be overvalued.
The current stock price of €7.69 is trading 7.4% above its estimated GF Value™ of €7.16.
GuruFocus considers TUI AG to be Fairly Valued.
Key valuation signals for STU:TUI1:
Beneish M-Score: -2.78
GF Value™: €7.16 vs. price of €7.69 (7.4% above fair value)
No single metric tells the full story. See the STU:TUI1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TUI AG provides integrated leisure travel services, including flights, hotels, cruises, and tour operations. The company offers tourism services, covering the entire customer experience from trip planning and booking to flights, transfers, and accommodations, including stays in hotels or on cruise ships. Its segments include The Hotels & Resorts, The Cruises, The TUI Musement, Markets + Airline, and Holiday Experiences segment, which comprises The Northern Region, The Central Region, and The Western Region. The majority of revenue is derived from the Hotels & Resorts segment, which is a diversified portfolio of the company's hotel brands and hotel companies.
68GF Score
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