AlphabetWAR:GOGL +0.50%72 Beneish M-Score is -2.75 as of Jun. 25, 2026. GuruFocus rates WAR:GOGL with a GF Score™ of 72/100 and a GF Value™ of zł843.91 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 532 Interactive Media companies, Alphabet ranks better than 56.95% 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 -2.75 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Alphabet's Beneish M-Score or its related term are showing as below:
WAR:GOGL'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.9 Med: -2.72 Max: -2.37
Current: -2.75
During the past 13 years, the highest Beneish M-Score of Alphabet was -2.37. The lowest was -2.90. And the median was -2.72.
Alphabet Beneish M-Score Related Terms
Alphabet Beneish M-Score Historical Data
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The historical data trend for Alphabet'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.
WAR:GOGL vs META, SPOT, NBIS: Beneish M-Score Comparison
For the Internet Content & Information subindustry, Alphabet'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.
Alphabet Beneish M-Score vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Alphabet's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Alphabet'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 Alphabet 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 * 1.0517
+
0.528 * 0.9706
+
0.404 * 1.1417
+
0.892 * 1.1745
+
0.115 * 1.0523
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.055
+
4.679 * -0.095159
-
0.327 * 1.1924
=
-2.75
* 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))
=
(60208.649 / (60208.649 + 730455.662))
/
(84997.636 / (84997.636 + 1089631.394))
=
0.076149
/
0.072361
=
1.0523
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
=
(588703.521 - 194163.246
-
640681.021)
/
2586634.836
=
-0.095159
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.
Alphabet has a M-score of -2.75 suggests that the company is unlikely to be a manipulator.
Alphabet (WAR:GOGL) has a Beneish M-Score of -2.75 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Alphabet and its competitors. According to the industry distribution chart, Alphabet ranks #229 out of 532 companies in the Interactive Media industry, placing it in the top 43%.
Is Alphabet's Beneish M-Score too high?
Alphabet's current Beneish M-Score is -2.75. Based on the distribution chart, Alphabet ranks #229 out of 532 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Alphabet has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alphabet's Beneish M-Score compare to META and SPOT?
According to the Interactive Media industry distribution chart, Alphabet ranks #229 out of 532 companies for Beneish M-Score. This puts Alphabet 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 an Interactive Media company?
A good Beneish M-Score depends on the Interactive Media 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 Alphabet and its competitors. Alphabet's current Beneish M-Score is -2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alphabet stock overvalued right now?
Based on GuruFocus' analysis, Alphabet (WAR:GOGL) is currently considered Significantly Overvalued. The stock's GF Value™ is zł843.91, compared to a current price of zł1,330.00 — trading 57.6% above its estimated fair value. The current Beneish M-Score is -2.75. Alphabet's overall GF Score™ is 72/100 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 Alphabet (WAR:GOGL), the current Beneish M-Score is -2.75 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 Alphabet (WAR:GOGL) Overvalued in 2026?
Based on GuruFocus' analysis, Alphabet stock appears to be overvalued.
The current stock price of zł1,330.00 is trading 57.6% above its estimated GF Value™ of zł843.91.
GuruFocus considers Alphabet to be Significantly Overvalued.
Key valuation signals for WAR:GOGL:
Beneish M-Score: -2.75
GF Value™: zł843.91 vs. price of zł1,330.00 (57.6% above fair value)
No single metric tells the full story. See the WAR:GOGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alphabet is a holding company that wholly owns internet giant Google. The California-based company derives slightly less than 90% of its revenue from Google services, the vast majority of which is advertising sales. Alongside online ads, Google services houses sales stemming from Google's subscription services (YouTube TV and YouTube Music, among others), platforms (sales and in-app purchases on Play Store), and devices (Chromebooks, Pixel smartphones, and smart home products such as Chromecast). Google's cloud computing platform accounts for roughly 10% of Alphabet's revenue. The firm's investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) make up the rest.
72GF Score
Get the complete analysis for WAR:GOGL
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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