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 -2.49 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Jack In The Box's Beneish M-Score or its related term are showing as below:
JACK'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.35 Med: -2.54 Max: -1.04
Current: -2.49
During the past 13 years, the highest Beneish M-Score of Jack In The Box was -1.04. The lowest was -3.35. And the median was -2.54.
Jack In The Box Beneish M-Score Related Terms
Jack In The Box Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Jack In The Box'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.
JACK vs VENU, RICK, BRCB: Beneish M-Score Comparison
For the Restaurants subindustry, Jack In The Box'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.
Jack In The Box Beneish M-Score vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Jack In The Box's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Jack In The Box'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 Jack In The Box 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 * 1.1589
+
0.528 * 1.0282
+
0.404 * 0.8241
+
0.892 * 0.9325
+
0.115 * 1.0108
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.1552
+
4.679 * -0.000506
-
0.327 * 1.0377
=
-2.49
* 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))
=
(59.776 / (59.776 + 1840.122))
/
(58.314 / (58.314 + 1815.062))
=
0.031463
/
0.031128
=
1.0108
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
=
(-80.719 - -241.766
-
162.358)
/
2593.421
=
-0.000506
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.
Jack In The Box has a M-score of -2.49 suggests that the company is unlikely to be a manipulator.
Jack In The Box (JACK) has a Beneish M-Score of -2.49 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Jack In The Box and its competitors. According to the industry distribution chart, Jack In The Box ranks #258 out of 357 companies in the Restaurants industry, placing it in the top 72.3%.
Is Jack In The Box's Beneish M-Score too high?
Jack In The Box's current Beneish M-Score is -2.49. Based on the distribution chart, Jack In The Box ranks #258 out of 357 companies in the Restaurants industry, which is below the industry midpoint. Overall, Jack In The Box has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jack In The Box's Beneish M-Score compare to VENU and RICK?
According to the Restaurants industry distribution chart, Jack In The Box ranks #258 out of 357 companies for Beneish M-Score. This places Jack In The Box 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 Restaurants company?
A good Beneish M-Score depends on the Restaurants 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 Jack In The Box and its competitors. Jack In The Box's current Beneish M-Score is -2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jack In The Box stock overvalued right now?
Based on GuruFocus' analysis, Jack In The Box (JACK) is currently considered Possible Value Trap. The stock's GF Value™ is $37.97, compared to a current price of $13.35 — trading 64.8% below its estimated fair value. The current Beneish M-Score is -2.49. Jack In The Box's overall GF Score™ is 65/100 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 Jack In The Box (JACK), the current Beneish M-Score is -2.49 as of Jun. 24, 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 Jack In The Box (JACK) Overvalued in 2026?
Based on GuruFocus' analysis, Jack In The Box stock appears to be undervalued.
The current stock price of $13.35 is trading 64.8% below its estimated GF Value™ of $37.97.
GuruFocus considers Jack In The Box to be Possible Value Trap.
Key valuation signals for JACK:
Beneish M-Score: -2.49
GF Value™: $37.97 vs. price of $13.35 (64.8% below fair value)
No single metric tells the full story. See the JACK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jack In The Box Inc operates quick-service restaurants and fast-casual restaurants across various states in the United States of America. Its core business includes the Jack in the Box hamburger chain, known for a broad menu that features hamburgers, tacos, sandwiches, salads, and breakfast items. The company also operates the Del Taco brand, which offers a variety of both Mexican and American favorites such as burritos and fries. These foods are available with the option of customization as per customer requirements. The company also offers catering and delivery services to its customers. Jack in the Box and Del Taco restaurant brands are the two reportable operating segments, of which, Jack in the Box generates maximum revenue for the company.
65GF Score
Get the complete analysis for JACK
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