TLPFF (Teleperformance SE) Beneish M-Score: -2.97 (As of Jun. 24, 2026)


TLPFF Teleperformance SE TLPFF
80 GF Score
Price $61.60
GF Value $126.53
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Teleperformance SE Beneish M-Score?

Teleperformance SE TLPFF -4.36% 80 Beneish M-Score is -2.97 as of Jun. 24, 2026. GuruFocus rates TLPFF with a GF Score™ of 80/100 and a GF Value™ of $126.53 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,020 Business Services companies, Teleperformance SE ranks better than 78.92% 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 -2.97 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

TLPFF' s Beneish M-Score Range Over the Past 10 Years
Min: -3.27   Med: -2.64   Max: -2.48
Current: -2.97

During the past 13 years, the highest Beneish M-Score of Teleperformance SE was -2.48. The lowest was -3.27. And the median was -2.64.

Teleperformance SE Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Teleperformance SE'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.

Teleperformance SE Beneish M-Score Chart

Teleperformance SE 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 -2.77 -2.50 -2.91 -2.97

Teleperformance SE Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -2.50 0.00 -2.91 0.00 -2.97

TLPFF vs CTAS, CPRT, GPN: Beneish M-Score Comparison

For the Specialty Business Services subindustry, Teleperformance SE'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.

Teleperformance SE Beneish M-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Teleperformance SE's Beneish M-Score distribution charts can be found below:

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


TLPFF
80GF Score
Teleperformance SE TLPFF
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Teleperformance SE 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 Teleperformance SE 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 * 0.9702+0.528 * 1.0308+0.404 * 0.9876+0.892 * 1.1106+0.115 * 1.0089
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9927+4.679 * -0.097308-0.327 * 1.0361
=-2.86

* 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was $2,539 Mil.
Revenue was $11,955 Mil.
Gross Profit was $3,783 Mil.
Total Current Assets was $4,258 Mil.
Total Assets was $13,441 Mil.
Property, Plant and Equipment(Net PPE) was $1,512 Mil.
Depreciation, Depletion and Amortization(DDA) was $865 Mil.
Selling, General, & Admin. Expense(SGA) was $246 Mil.
Total Current Liabilities was $3,596 Mil.
Long-Term Debt & Capital Lease Obligation was $4,409 Mil.
Net Income was $582 Mil.
Gross Profit was $0 Mil.
Cash Flow from Operations was $1,890 Mil.
 Total Receivables was $2,356 Mil.
Revenue was $10,764 Mil.
Gross Profit was $3,511 Mil.
Total Current Assets was $3,931 Mil.
Total Assets was $12,643 Mil.
Property, Plant and Equipment(Net PPE) was $1,405 Mil.
Depreciation, Depletion and Amortization(DDA) was $816 Mil.
Selling, General, & Admin. Expense(SGA) was $223 Mil.
Total Current Liabilities was $3,520 Mil.
Long-Term Debt & Capital Lease Obligation was $3,747 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)
=(2538.642 / 11954.801) / (2356.021 / 10764.188)
=0.212353 / 0.218876
=0.9702

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)
=(3510.785 / 10764.188) / (3782.67 / 11954.801)
=0.326154 / 0.316414
=1.0308

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 - (4257.611 + 1511.71) / 13441.452) / (1 - (3930.89 + 1405.236) / 12642.932)
=0.570781 / 0.577936
=0.9876

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
=11954.801 / 10764.188
=1.1106

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))
=(815.707 / (815.707 + 1405.236)) / (865.34 / (865.34 + 1511.71))
=0.36728 / 0.364039
=1.0089

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)
=(245.902 / 11954.801) / (223.037 / 10764.188)
=0.020569 / 0.02072
=0.9927

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)
=((4408.665 + 3596.019) / 13441.452) / ((3746.597 + 3520.419) / 12642.932)
=0.595522 / 0.574789
=1.0361

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
=(581.967 - 0 - 1889.93) / 13441.452
=-0.097308

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.

Teleperformance SE has a M-score of -2.86 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 -2.97 mean?
Teleperformance SE (TLPFF) has a Beneish M-Score of -2.97 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Teleperformance SE and its competitors. According to the industry distribution chart, Teleperformance SE ranks #215 out of 1020 companies in the Business Services industry, placing it in the top 21.1%.
Is Teleperformance SE's Beneish M-Score too high?
Teleperformance SE's current Beneish M-Score is -2.97. Based on the distribution chart, Teleperformance SE ranks #215 out of 1020 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Teleperformance SE has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Teleperformance SE's Beneish M-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Teleperformance SE ranks #215 out of 1020 companies for Beneish M-Score. This places Teleperformance SE in the top 21% of its industry — outperforming the majority of peers. 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 Business Services company?
A good Beneish M-Score depends on the Business 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 Teleperformance SE and its competitors. Teleperformance SE's current Beneish M-Score is -2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teleperformance SE stock overvalued right now?
Based on GuruFocus' analysis, Teleperformance SE (TLPFF) is currently considered Significantly Undervalued. The stock's GF Value™ is $126.53, compared to a current price of $61.60 — trading 51.3% below its estimated fair value. The current Beneish M-Score is -2.97. Teleperformance SE's overall GF Score™ is 80/100 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 Teleperformance SE (TLPFF), the current Beneish M-Score is -2.97 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 Teleperformance SE (TLPFF) Overvalued in 2026?

Based on GuruFocus' analysis, Teleperformance SE stock appears to be undervalued. The current stock price of $61.60 is trading 51.3% below its estimated GF Value™ of $126.53. GuruFocus considers Teleperformance SE to be Significantly Undervalued.

Key valuation signals for TLPFF:

  • Beneish M-Score: -2.97
  • GF Value™: $126.53 vs. price of $61.60 (51.3% below fair value)
  • GF Score™: 80/100 with 2 warning signs

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

Teleperformance SE Business Description

Address 21-25, Rue Balzac, Paris, FRA, 75008
Teleperformance SE provides outsourced customer experience management services, such as customer care solutions, technical support, customer acquisition services, digital solutions, analytics, visa application management, debt collection services, interpreting and translation services, and back-office services. The clients of Teleperformance's services range over various industries, from telecoms and technology firms to the public and retail sectors. The company is organized into two operating segments: Core Services & D.I.B.S (Digital Integrated Business Services) and Specialized Services. A vast majority of the companies revenue is generated by the Core Services & D.I.B.S segment.
80GF Score

Get the complete analysis for TLPFF

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

$61.60
Price
$126.53
GF Value