VNT (Vontier) Beneish M-Score: -2.50 (As of Jun. 25, 2026)


VNT Vontier Corp VNT
74 GF Score
Price $30.37
GF Value $38.64
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Vontier Beneish M-Score?

Vontier VNT +0.40% 74 Beneish M-Score is -2.50 as of Jun. 25, 2026. GuruFocus rates VNT with a GF Score™ of 74/100 and a GF Value™ of $38.64 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,403 Hardware companies, Vontier ranks better than 52.43% 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 Vontier's Beneish M-Score or its related term are showing as below:

VNT' s Beneish M-Score Range Over the Past 10 Years
Min: -3.65   Med: -2.51   Max: -2.12
Current: -2.5

During the past 9 years, the highest Beneish M-Score of Vontier was -2.12. The lowest was -3.65. And the median was -2.51.


Vontier Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Vontier'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.

Vontier Beneish M-Score Chart

Vontier Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only -2.44 -2.37 -2.62 -2.47 -2.58

Vontier 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 -2.51 -2.51 -2.51 -2.58 -2.50

VNT vs ITRI, BMI, NOVT: Beneish M-Score Comparison

For the Scientific & Technical Instruments subindustry, Vontier'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.


Vontier Beneish M-Score vs Hardware Industry

For the Hardware industry and Technology sector, Vontier's Beneish M-Score distribution charts can be found below:

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


VNT
74GF Score
Vontier Corp VNT
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vontier 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 Vontier 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 * 0.9536+0.528 * 1.0045+0.404 * 1.0155+0.892 * 1.0408+0.115 * 1.0296
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9816+4.679 * -0.010868-0.327 * 0.9278
=-2.50

* 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 $530 Mil.
Revenue was 750.6 + 808.5 + 752.5 + 773.5 = $3,085 Mil.
Gross Profit was 352.3 + 374.1 + 356.1 + 370.4 = $1,453 Mil.
Total Current Assets was $1,267 Mil.
Total Assets was $4,131 Mil.
Property, Plant and Equipment(Net PPE) was $169 Mil.
Depreciation, Depletion and Amortization(DDA) was $125 Mil.
Selling, General, & Admin. Expense(SGA) was $638 Mil.
Total Current Liabilities was $1,031 Mil.
Long-Term Debt & Capital Lease Obligation was $1,619 Mil.
Net Income was 94.3 + 123.5 + 102.8 + 91.9 = $413 Mil.
Non Operating Income was 0 + 2 + 8.4 + -0.1 = $10 Mil.
Cash Flow from Operations was 46.5 + 190.1 + 110.5 + 100 = $447 Mil.
Total Receivables was $534 Mil.
Revenue was 741.1 + 776.8 + 750 + 696.4 = $2,964 Mil.
Gross Profit was 350.2 + 362.4 + 354.2 + 335.5 = $1,402 Mil.
Total Current Assets was $1,370 Mil.
Total Assets was $4,293 Mil.
Property, Plant and Equipment(Net PPE) was $165 Mil.
Depreciation, Depletion and Amortization(DDA) was $128 Mil.
Selling, General, & Admin. Expense(SGA) was $625 Mil.
Total Current Liabilities was $843 Mil.
Long-Term Debt & Capital Lease Obligation was $2,125 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)
=(529.6 / 3085.1) / (533.6 / 2964.3)
=0.171664 / 0.180009
=0.9536

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)
=(1402.3 / 2964.3) / (1452.9 / 3085.1)
=0.473063 / 0.470941
=1.0045

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 - (1266.7 + 168.7) / 4131.3) / (1 - (1369.6 + 164.9) / 4293.3)
=0.652555 / 0.642583
=1.0155

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
=3085.1 / 2964.3
=1.0408

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))
=(128.2 / (128.2 + 164.9)) / (124.6 / (124.6 + 168.7))
=0.437393 / 0.424821
=1.0296

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)
=(638.1 / 3085.1) / (624.6 / 2964.3)
=0.206833 / 0.210707
=0.9816

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)
=((1618.7 + 1031) / 4131.3) / ((2124.9 + 843.1) / 4293.3)
=0.641372 / 0.69131
=0.9278

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
=(412.5 - 10.3 - 447.1) / 4131.3
=-0.010868

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.

Vontier has a M-score of -2.50 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 -2.50 mean?
Vontier (VNT) has a Beneish M-Score of -2.50 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Vontier and its competitors. According to the industry distribution chart, Vontier ranks #1143 out of 2403 companies in the Hardware industry, placing it in the top 47.6%.
Is Vontier's Beneish M-Score too high?
Vontier's current Beneish M-Score is -2.50. Based on the distribution chart, Vontier ranks #1143 out of 2403 companies in the Hardware industry, which is above the industry midpoint. Overall, Vontier has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vontier's Beneish M-Score compare to ITRI and BMI?
According to the Hardware industry distribution chart, Vontier ranks #1143 out of 2403 companies for Beneish M-Score. This puts Vontier 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 Hardware company?
A good Beneish M-Score depends on the Hardware 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 Vontier and its competitors. Vontier'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 Vontier stock overvalued right now?
Based on GuruFocus' analysis, Vontier (VNT) is currently considered Modestly Undervalued. The stock's GF Value™ is $38.64, compared to a current price of $30.37 — trading 21.4% below its estimated fair value. The current Beneish M-Score is -2.50. Vontier's overall GF Score™ is 74/100 with 3 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 Vontier (VNT), the current Beneish M-Score is -2.50 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 Vontier (VNT) Overvalued in 2026?

Based on GuruFocus' analysis, Vontier stock appears to be undervalued. The current stock price of $30.37 is trading 21.4% below its estimated GF Value™ of $38.64. GuruFocus considers Vontier to be Modestly Undervalued.

Key valuation signals for VNT:

  • Beneish M-Score: -2.50
  • GF Value™: $38.64 vs. price of $30.37 (21.4% below fair value)
  • GF Score™: 74/100 with 3 warning signs

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


Vontier Business Description

Other Exchanges 47O:Germany
Address 5438 Wade Park Boulevard, Suite 600, Raleigh, NC, USA, 27607
Vontier, spun off from Fortive in 2020, is an industrial technology company with a portfolio of transportation and mobility solutions. The company offers a wide array of products and services, including fueling equipment, sensors, point-of-sale and payment systems, telematics, and equipment used by vehicle mechanics and technicians. Vontier generated approximately $3.1 billion in sales in 2025.
74GF Score

Get the complete analysis for VNT

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

$30.37
Price
$38.64
GF Value