Weyerhaeuser Co (STU:WHC) Beneish M-Score: -2.42 (As of Jun. 24, 2026)


STU:WHC Weyerhaeuser Co STU:WHC
69 GF Score
Price €22.36
GF Value €23.46
Valuation Fairly Valued
! 7 Warning Signs
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What is Weyerhaeuser Co Beneish M-Score?

Weyerhaeuser Co STU:WHC +4.44% 69 Beneish M-Score is -2.42 as of Jun. 24, 2026. GuruFocus rates STU:WHC with a GF Score™ of 69/100 and a GF Value™ of €23.46 (Fairly Valued). The stock has 7 warning signs investors should review. Among 765 REITs companies, Weyerhaeuser Co ranks worse than 55.29% 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 -2.42 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

STU:WHC' s Beneish M-Score Range Over the Past 10 Years
Min: -2.82   Med: -2.56   Max: -1.75
Current: -2.42

During the past 13 years, the highest Beneish M-Score of Weyerhaeuser Co was -1.75. The lowest was -2.82. And the median was -2.56.


Weyerhaeuser Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Weyerhaeuser Co'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.

Weyerhaeuser Co Beneish M-Score Chart

Weyerhaeuser Co 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 -2.70 -2.73 -2.42 -2.68 -2.46

Weyerhaeuser Co 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 -2.58 -2.62 -2.62 -2.46 -2.42

STU:WHC vs LAMR, SBAC, GLPI: Beneish M-Score Comparison

For the REIT - Specialty subindustry, Weyerhaeuser Co'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.


Weyerhaeuser Co Beneish M-Score vs REITs Industry

For the REITs industry and Real Estate sector, Weyerhaeuser Co's Beneish M-Score distribution charts can be found below:

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


STU:WHC
69GF Score
Weyerhaeuser Co STU:WHC
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Weyerhaeuser Co 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 Weyerhaeuser Co 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 * 1.0652+0.528 * 1.2419+0.404 * 1.0082+0.892 * 0.8979+0.115 * 1.0393
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9905+4.679 * -0.017966-0.327 * 1.0461
=-2.47

* 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 €349 Mil.
Revenue was 1493.855 + 1316.014 + 1462.884 + 1633.428 = €5,906 Mil.
Gross Profit was 275.07 + 137.494 + 173.808 + 281.775 = €868 Mil.
Total Current Assets was €1,300 Mil.
Total Assets was €14,187 Mil.
Property, Plant and Equipment(Net PPE) was €2,551 Mil.
Depreciation, Depletion and Amortization(DDA) was €437 Mil.
Selling, General, & Admin. Expense(SGA) was €469 Mil.
Total Current Liabilities was €917 Mil.
Long-Term Debt & Capital Lease Obligation was €4,370 Mil.
Net Income was 134.94 + 63.196 + 68.16 + 75.429 = €342 Mil.
Non Operating Income was 55.36 + 60.634 + 30.672 + -19.941 = €127 Mil.
Cash Flow from Operations was 44.98 + -97.356 + 178.92 + 343.332 = €470 Mil.
Total Receivables was €365 Mil.
Revenue was 1630.775 + 1631.14 + 1514.581 + 1801.331 = €6,578 Mil.
Gross Profit was 309.875 + 290.32 + 225.25 + 375.316 = €1,201 Mil.
Total Current Assets was €1,638 Mil.
Total Assets was €15,281 Mil.
Property, Plant and Equipment(Net PPE) was €2,600 Mil.
Depreciation, Depletion and Amortization(DDA) was €466 Mil.
Selling, General, & Admin. Expense(SGA) was €527 Mil.
Total Current Liabilities was €803 Mil.
Long-Term Debt & Capital Lease Obligation was €4,641 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)
=(349.46 / 5906.181) / (365.375 / 6577.827)
=0.059169 / 0.055546
=1.0652

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)
=(1200.761 / 6577.827) / (868.147 / 5906.181)
=0.182547 / 0.14699
=1.2419

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 - (1300.095 + 2550.885) / 14186.865) / (1 - (1638.175 + 2600.175) / 15281)
=0.728553 / 0.722639
=1.0082

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
=5906.181 / 6577.827
=0.8979

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))
=(465.634 / (465.634 + 2600.175)) / (436.561 / (436.561 + 2550.885))
=0.15188 / 0.146132
=1.0393

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)
=(468.513 / 5906.181) / (526.816 / 6577.827)
=0.079326 / 0.08009
=0.9905

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)
=((4369.98 + 916.9) / 14186.865) / ((4640.725 + 802.9) / 15281)
=0.37266 / 0.356235
=1.0461

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
=(341.725 - 126.725 - 469.876) / 14186.865
=-0.017966

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.

Weyerhaeuser Co has a M-score of -2.47 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 -2.42 mean?
Weyerhaeuser Co (STU:WHC) has a Beneish M-Score of -2.42 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Weyerhaeuser Co and its competitors. According to the industry distribution chart, Weyerhaeuser Co ranks #423 out of 765 companies in the REITs industry, placing it in the top 55.3%.
Is Weyerhaeuser Co's Beneish M-Score too high?
Weyerhaeuser Co's current Beneish M-Score is -2.42. Based on the distribution chart, Weyerhaeuser Co ranks #423 out of 765 companies in the REITs industry, which is below the industry midpoint. Overall, Weyerhaeuser Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Weyerhaeuser Co's Beneish M-Score compare to LAMR and SBAC?
According to the REITs industry distribution chart, Weyerhaeuser Co ranks #423 out of 765 companies for Beneish M-Score. This places Weyerhaeuser Co 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 REITs company?
A good Beneish M-Score depends on the REITs 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 Weyerhaeuser Co and its competitors. Weyerhaeuser Co's current Beneish M-Score is -2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Weyerhaeuser Co stock overvalued right now?
Based on GuruFocus' analysis, Weyerhaeuser Co (STU:WHC) is currently considered Fairly Valued. The stock's GF Value™ is €23.46, compared to a current price of €22.36 — trading 4.7% below its estimated fair value. The current Beneish M-Score is -2.42. Weyerhaeuser Co's overall GF Score™ is 69/100 with 7 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 Weyerhaeuser Co (STU:WHC), the current Beneish M-Score is -2.42 as of Jun. 24, 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 Weyerhaeuser Co (STU:WHC) Overvalued in 2026?

Based on GuruFocus' analysis, Weyerhaeuser Co stock appears to be undervalued. The current stock price of €22.36 is trading 4.7% below its estimated GF Value™ of €23.46. GuruFocus considers Weyerhaeuser Co to be Fairly Valued.

Key valuation signals for STU:WHC:

  • Beneish M-Score: -2.42
  • GF Value™: €23.46 vs. price of €22.36 (4.7% below fair value)
  • GF Score™: 69/100 with 7 warning signs

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


Weyerhaeuser Co Business Description

Industry Real EstateREITs
Other Exchanges WY:USA0LWG:UK
Address 220 Occidental Avenue South, Seattle, WA, USA, 98104-7800
Weyerhaeuser Co ranks among the world's key forest product companies. Following the 2016 sale of its pulp business to International Paper, Weyerhaeuser operates three business segments: timberlands, wood products, and real estate. Weyerhaeuser is structured as a real estate investment trust and is not required to pay federal income taxes on earnings generated by timber harvest activities. Earnings from its wood products segment are subject to federal income tax. Weyerhaeuser acquired fellow timber REIT Plum Creek in 2016.
69GF Score

Get the complete analysis for STU:WHC

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

€22.36
Price
€23.46
GF Value