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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 -2.39 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Falabella's Beneish M-Score or its related term are showing as below:
XSGO:FALABELLA'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.22 Med: -2.54 Max: -2.06
Current: -2.39
During the past 13 years, the highest Beneish M-Score of Falabella was -2.06. The lowest was -3.22. And the median was -2.54.
The historical data trend for Falabella'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.
XSGO:FALABELLA vs DDS, M: Beneish M-Score Comparison
For the Department Stores subindustry, Falabella'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.
Falabella Beneish M-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Falabella's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Falabella'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 Falabella 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 * 1.0543
+
0.528 * 0.9728
+
0.404 * 1.0417
+
0.892 * 1.0887
+
0.115 * 0.9961
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0004
+
4.679 * -0.008376
-
0.327 * 0.9566
=
-2.37
* 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))
=
(456381.534 / (456381.534 + 3918828.218))
/
(466576.33 / (466576.33 + 3988869.202))
=
0.104311
/
0.10472
=
0.9961
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
=
(1295673.05 - 0
-
1535470.549)
/
28629087.07
=
-0.008376
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.
Falabella has a M-score of -2.37 suggests that the company is unlikely to be a manipulator.
Falabella (XSGO:FALABELLA) has a Beneish M-Score of -2.39 as of Sep. 20, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Falabella and its competitors. According to the industry distribution chart, Falabella ranks #720 out of 1092 companies in the Retail - Cyclical industry, placing it in the top 65.9%.
Is Falabella's Beneish M-Score too high?
Falabella's current Beneish M-Score is -2.39. Based on the distribution chart, Falabella ranks #720 out of 1092 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Falabella has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Falabella's Beneish M-Score compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Falabella ranks #720 out of 1092 companies for Beneish M-Score. This places Falabella in the lower 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 Retail - Cyclical company?
A good Beneish M-Score depends on the Retail - Cyclical 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 Falabella and its competitors. Falabella's current Beneish M-Score is -2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Falabella stock overvalued right now?
Based on GuruFocus' analysis, Falabella (XSGO:FALABELLA) is currently considered Significantly Overvalued. The stock's GF Value™ is CLP4,355.16, compared to a current price of CLP5,835.00 — trading 34% above its estimated fair value. The current Beneish M-Score is -2.39. Falabella's overall GF Score™ is 84/100 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 Falabella (XSGO:FALABELLA), the current Beneish M-Score is -2.39 as of Sep. 20, 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 Falabella (XSGO:FALABELLA) Overvalued in 2026?
Based on GuruFocus' analysis, Falabella stock appears to be overvalued.
The current stock price of CLP5,835.00 is trading 34% above its estimated GF Value™ of CLP4,355.16.
GuruFocus considers Falabella to be Significantly Overvalued.
Key valuation signals for XSGO:FALABELLA:
Beneish M-Score: -2.39
GF Value™: CLP4,355.16 vs. price of CLP5,835.00 (34% above fair value)
No single metric tells the full story. See the XSGO:FALABELLA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Falabella SA is involved in offering products and services in five business divisions: department stores, home improvement, supermarkets, financial services, and real estate. All business segments operate in South American countries. The largest division by revenue, financial services offers access to credit by combining traditional financial business with proximity to customers through retail formats. Home improvement has a diverse customer base: from individuals to construction-sector players and corporates. This segment's main categories are construction materials, home improvement products, home accessories and furniture. The department stores segment offers various brands such as private brands, second generation, exclusive brands, and international brands.
84GF Score
Get the complete analysis for XSGO:FALABELLA
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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