The Toro CoTTC +2.99%94 Beneish M-Score is -3.03 as of Jun. 25, 2026. GuruFocus rates TTC with a GF Score™ of 94/100 and a GF Value™ of $93.96 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,926 Industrial Products companies, The Toro Co ranks better than 88.41% 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 -3.03 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for The Toro Co's Beneish M-Score or its related term are showing as below:
TTC'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.17 Med: -2.7 Max: -2.05
Current: -3.03
During the past 13 years, the highest Beneish M-Score of The Toro Co was -2.05. The lowest was -3.17. And the median was -2.70.
The Toro Co Beneish M-Score Related Terms
The Toro Co Beneish M-Score Historical Data
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The historical data trend for The Toro 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.
For the Tools & Accessories subindustry, The Toro 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.
The Toro Co Beneish M-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, The Toro Co's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where The Toro Co'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 The Toro 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 * 0.9314
+
0.528 * 1.0066
+
0.404 * 1.1616
+
0.892 * 1.0248
+
0.115 * 0.8871
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.992
+
4.679 * -0.119382
-
0.327 * 1.0145
=
-3.03
* 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))
=
(130.9 / (130.9 + 746.7))
/
(149.3 / (149.3 + 738.7))
=
0.149157
/
0.168131
=
0.8871
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
=
(339.8 - -50.1
-
832.4)
/
3706.6
=
-0.119382
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.
The Toro Co has a M-score of -3.03 suggests that the company is unlikely to be a manipulator.
The Toro Co (TTC) has a Beneish M-Score of -3.03 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on The Toro Co and its competitors. According to the industry distribution chart, The Toro Co ranks #339 out of 2926 companies in the Industrial Products industry, placing it in the top 11.6%.
Is The Toro Co's Beneish M-Score too high?
The Toro Co's current Beneish M-Score is -3.03. Based on the distribution chart, The Toro Co ranks #339 out of 2926 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, The Toro Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Toro Co's Beneish M-Score compare to TKR and SWK?
According to the Industrial Products industry distribution chart, The Toro Co ranks #339 out of 2926 companies for Beneish M-Score. This places The Toro Co in the top 12% 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 an Industrial Products company?
A good Beneish M-Score depends on the Industrial Products 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 The Toro Co and its competitors. The Toro Co's current Beneish M-Score is -3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Toro Co stock overvalued right now?
Based on GuruFocus' analysis, The Toro Co (TTC) is currently considered Fairly Valued. The stock's GF Value™ is $93.96, compared to a current price of $97.61 — trading 3.9% above its estimated fair value. The current Beneish M-Score is -3.03. The Toro Co's overall GF Score™ is 94/100 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 The Toro Co (TTC), the current Beneish M-Score is -3.03 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 The Toro Co (TTC) Overvalued in 2026?
Based on GuruFocus' analysis, The Toro Co stock appears to be overvalued.
The current stock price of $97.61 is trading 3.9% above its estimated GF Value™ of $93.96.
GuruFocus considers The Toro Co to be Fairly Valued.
Key valuation signals for TTC:
Beneish M-Score: -3.03
GF Value™: $93.96 vs. price of $97.61 (3.9% above fair value)
No single metric tells the full story. See the TTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Toro Co designs, manufactures, markets, and sells professional turf maintenance equipment and services; turf and agricultural irrigation systems; landscaping equipment and lighting products; snow and ice management equipment; construction equipment; and residential yard and snow thrower products. The company operates through Professional and Residential segments, with the Professional segment serving commercial, agricultural, and construction customers and generating the majority of revenue, while the Residential segment focuses on homeowners. Its products are sold through distributors, dealers, retailers, rental centers, and direct channels, with the United States as its primary revenue-generating market.
94GF Score
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