TranscontinentalTCLAF +10.64%53 Beneish M-Score is -2.50 as of Jun. 26, 2026. GuruFocus rates TCLAF with a GF Score™ of 53/100 and a GF Value™ of $7.54 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 373 Packaging & Containers companies, Transcontinental ranks worse than 55.5% 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 -2.5 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Transcontinental's Beneish M-Score or its related term are showing as below:
TCLAF'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.6 Med: -2.69 Max: -1.86
Current: -2.5
During the past 13 years, the highest Beneish M-Score of Transcontinental was -1.86. The lowest was -3.60. And the median was -2.69.
Transcontinental Beneish M-Score Related Terms
Transcontinental Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Transcontinental'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.
TCLAF vs SW, PKG, AMCR: Beneish M-Score Comparison
For the Packaging & Containers subindustry, Transcontinental'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.
Transcontinental Beneish M-Score vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Transcontinental's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Transcontinental'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 Transcontinental 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 * 0.5869
+
0.528 * 0.9858
+
0.404 * 1.0319
+
0.892 * 0.9817
+
0.115 * 0.376
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0293
+
4.679 * 0.137392
-
0.327 * 1.5464
=
-2.48
* 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))
=
(101.684 / (101.684 + 583.721))
/
(99.939 / (99.939 + 153.337))
=
0.148356
/
0.394585
=
0.376
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
=
(244.892 - -41.782
-
166.613)
/
873.855
=
0.137392
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.
Transcontinental has a M-score of -2.48 suggests that the company is unlikely to be a manipulator.
Transcontinental (TCLAF) has a Beneish M-Score of -2.50 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Transcontinental and its competitors. According to the industry distribution chart, Transcontinental ranks #207 out of 373 companies in the Packaging & Containers industry, placing it in the top 55.5%.
Is Transcontinental's Beneish M-Score too high?
Transcontinental's current Beneish M-Score is -2.50. Based on the distribution chart, Transcontinental ranks #207 out of 373 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Transcontinental has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Transcontinental's Beneish M-Score compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Transcontinental ranks #207 out of 373 companies for Beneish M-Score. This places Transcontinental 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 Packaging & Containers company?
A good Beneish M-Score depends on the Packaging & Containers 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 Transcontinental and its competitors. Transcontinental's current Beneish M-Score is -2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transcontinental stock overvalued right now?
Based on GuruFocus' analysis, Transcontinental (TCLAF) is currently considered Significantly Undervalued. The stock's GF Value™ is $7.54, compared to a current price of $3.95 — trading 47.6% below its estimated fair value. The current Beneish M-Score is -2.50. Transcontinental's overall GF Score™ is 53/100 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 Transcontinental (TCLAF), the current Beneish M-Score is -2.50 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 Transcontinental (TCLAF) Overvalued in 2026?
Based on GuruFocus' analysis, Transcontinental stock appears to be undervalued.
The current stock price of $3.95 is trading 47.6% below its estimated GF Value™ of $7.54.
GuruFocus considers Transcontinental to be Significantly Undervalued.
Key valuation signals for TCLAF:
Beneish M-Score: -2.50
GF Value™: $7.54 vs. price of $3.95 (47.6% below fair value)
No single metric tells the full story. See the TCLAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transcontinental Inc operates in flexible packaging, retail marketing services, printing, and French-language educational publishing across Canada, the United States, Latin America, and the United Kingdom. Its Packaging Sector provides extrusion, lamination, printing, and converting of flexible plastic products, including rollstock, labels, die cut lids, shrink films, bags, pouches, and coatings. The Retail Services and Printing Sector offers content solutions, marketing and media services, flyer printing, digital flyer solutions, in-store marketing and print solutions for newspapers, magazines and 4-colour books, and the Other column includes the Media Sector, which publishes print and digital educational, supplemental and professional books, along with head office costs and eliminations.
53GF Score
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