WEGRY (Weir Group) Beneish M-Score: -2.53 (As of Jun. 25, 2026)


WEGRY Weir Group PLC WEGRY
80 GF Score
Price $16.10
GF Value $14.80
Valuation Fairly Valued
! 4 Warning Signs
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What is Weir Group Beneish M-Score?

Weir Group WEGRY +1.61% 80 Beneish M-Score is -2.53 as of Jun. 25, 2026. GuruFocus rates WEGRY with a GF Score™ of 80/100 and a GF Value™ of $14.80 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,926 Industrial Products companies, Weir Group ranks better than 57.31% 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 -2.53 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

WEGRY' s Beneish M-Score Range Over the Past 10 Years
Min: -3.49   Med: -2.63   Max: -2.15
Current: -2.53

During the past 13 years, the highest Beneish M-Score of Weir Group was -2.15. The lowest was -3.49. And the median was -2.63.


Weir Group Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Weir Group'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.

Weir Group Beneish M-Score Chart

Weir Group 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 -2.15 -2.51 -2.70 -2.63 -2.53

Weir Group 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 -2.70 0.00 -2.63 0.00 -2.53

WEGRY vs GEV, ETN, PH: Beneish M-Score Comparison

For the Specialty Industrial Machinery subindustry, Weir Group'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.


Weir Group Beneish M-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Weir Group's Beneish M-Score distribution charts can be found below:

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


WEGRY
80GF Score
Weir Group PLC WEGRY
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Weir Group 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 Weir Group 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 * 1.0464+0.528 * 0.9977+0.404 * 1.205+0.892 * 1.0838+0.115 * 1.0105
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.972+4.679 * -0.03051-0.327 * 1.1784
=-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.

This Year (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was $677 Mil.
Revenue was $3,433 Mil.
Gross Profit was $1,373 Mil.
Total Current Assets was $2,359 Mil.
Total Assets was $6,077 Mil.
Property, Plant and Equipment(Net PPE) was $714 Mil.
Depreciation, Depletion and Amortization(DDA) was $156 Mil.
Selling, General, & Admin. Expense(SGA) was $824 Mil.
Total Current Liabilities was $1,152 Mil.
Long-Term Debt & Capital Lease Obligation was $2,221 Mil.
Net Income was $331 Mil.
Gross Profit was $0 Mil.
Cash Flow from Operations was $516 Mil.
Total Receivables was $597 Mil.
Revenue was $3,168 Mil.
Gross Profit was $1,264 Mil.
Total Current Assets was $2,192 Mil.
Total Assets was $4,785 Mil.
Property, Plant and Equipment(Net PPE) was $630 Mil.
Depreciation, Depletion and Amortization(DDA) was $140 Mil.
Selling, General, & Admin. Expense(SGA) was $782 Mil.
Total Current Liabilities was $944 Mil.
Long-Term Debt & Capital Lease Obligation was $1,309 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)
=(676.707 / 3433.066) / (596.713 / 3167.636)
=0.197114 / 0.188378
=1.0464

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)
=(1264.349 / 3167.636) / (1373.494 / 3433.066)
=0.399146 / 0.400078
=0.9977

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 - (2358.635 + 714.458) / 6076.975) / (1 - (2191.909 + 630.215) / 4785.082)
=0.494305 / 0.410225
=1.205

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
=3433.066 / 3167.636
=1.0838

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))
=(139.697 / (139.697 + 630.215)) / (156.359 / (156.359 + 714.458))
=0.181445 / 0.179554
=1.0105

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)
=(823.561 / 3433.066) / (781.795 / 3167.636)
=0.239891 / 0.246807
=0.972

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)
=((2220.75 + 1151.941) / 6076.975) / ((1309.482 + 944.121) / 4785.082)
=0.554995 / 0.470964
=1.1784

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
=(330.522 - 0 - 515.93) / 6076.975
=-0.03051

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.

Weir Group has a M-score of -2.48 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 -2.53 mean?
Weir Group (WEGRY) has a Beneish M-Score of -2.53 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Weir Group and its competitors. According to the industry distribution chart, Weir Group ranks #1249 out of 2926 companies in the Industrial Products industry, placing it in the top 42.7%.
Is Weir Group's Beneish M-Score too high?
Weir Group's current Beneish M-Score is -2.53. Based on the distribution chart, Weir Group ranks #1249 out of 2926 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Weir Group has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Weir Group's Beneish M-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Weir Group ranks #1249 out of 2926 companies for Beneish M-Score. This puts Weir Group 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 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 Weir Group and its competitors. Weir Group's current Beneish M-Score is -2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Weir Group stock overvalued right now?
Based on GuruFocus' analysis, Weir Group (WEGRY) is currently considered Fairly Valued. The stock's GF Value™ is $14.80, compared to a current price of $16.10 — trading 8.7% above its estimated fair value. The current Beneish M-Score is -2.53. Weir Group's overall GF Score™ is 80/100 with 4 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 Weir Group (WEGRY), the current Beneish M-Score is -2.53 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 Weir Group (WEGRY) Overvalued in 2026?

Based on GuruFocus' analysis, Weir Group stock appears to be overvalued. The current stock price of $16.10 is trading 8.7% above its estimated GF Value™ of $14.80. GuruFocus considers Weir Group to be Fairly Valued.

Key valuation signals for WEGRY:

  • Beneish M-Score: -2.53
  • GF Value™: $14.80 vs. price of $16.10 (8.7% above fair value)
  • GF Score™: 80/100 with 4 warning signs

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


Weir Group Business Description

Address 1 West Regent Street, 10th Floor, Glasgow, GBR, G2 1RW
Weir Group is a UK-based engineering company founded in 1871 and headquartered in Glasgow, with operations spanning more than 50 countries. The company is focused on the global mining industry. It generates the majority of its sales from the supply of highly engineered equipment, consumables, and aftermarket services used in mineral processing. Its business is organized into two divisions: minerals, which provides slurry pumps, hydrocyclones, mill liners, HPGR mills, screens, valves, and related spare parts; and ESCO, which manufactures ground-engaging tools, buckets, lips, and other wear components for surface mining and construction. Weir's products are used predominantly in hard-rock mining across commodities such as copper, iron ore, gold, nickel, and battery minerals.
80GF Score

Get the complete analysis for WEGRY

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

$16.10
Price
$14.80
GF Value