Nutrition Profess PCL (BKK:NUT) Beneish M-Score: -2.70 (As of Jul. 14, 2026)

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BKK:NUT Nutrition Profess PCL BKK:NUT
19 GF Score
Price ฿4.96
! 4 Warning Signs
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What is Nutrition Profess PCL Beneish M-Score?

Nutrition Profess PCL BKK:NUT +0.40% 19 Beneish M-Score is -2.70 as of Jul. 14, 2026. GuruFocus rates BKK:NUT with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 1,851 Consumer Packaged Goods companies, Nutrition Profess PCL ranks better than 65.37% 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 -2.7 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

BKK:NUT' s Beneish M-Score Range Over the Past 10 Years
Min: -3.13   Med: -2.92   Max: -2.7
Current: -2.7

During the past 4 years, the highest Beneish M-Score of Nutrition Profess PCL was -2.70. The lowest was -3.13. And the median was -2.92.


Nutrition Profess PCL Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Nutrition Profess PCL'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.

Nutrition Profess PCL Beneish M-Score Chart

Nutrition Profess PCL Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Beneish M-Score
0.00 0.00 0.00 -3.13

Nutrition Profess PCL Quarterly Data
Dec22 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 0.00 0.00 0.00 -3.13 -2.70

BKK:NUT vs PG, CL, KVUE: Beneish M-Score Comparison

For the Household & Personal Products subindustry, Nutrition Profess PCL'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.


Nutrition Profess PCL Beneish M-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nutrition Profess PCL's Beneish M-Score distribution charts can be found below:

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


BKK:NUT
19GF Score
Nutrition Profess PCL BKK:NUT
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Nutrition Profess PCL 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 Nutrition Profess PCL 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 * 1.1086+0.528 * 0.9734+0.404 * 0.8275+0.892 * 0.882+0.115 * 0.942
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0403+4.679 * -0.054052-0.327 * 0.5804
=-2.70

* 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 ฿44 Mil.
Revenue was 272.488 + 258.213 + 244.666 + 239.493 = ฿1,015 Mil.
Gross Profit was 239.748 + 221.739 + 209.319 + 206.393 = ฿877 Mil.
Total Current Assets was ฿549 Mil.
Total Assets was ฿707 Mil.
Property, Plant and Equipment(Net PPE) was ฿131 Mil.
Depreciation, Depletion and Amortization(DDA) was ฿45 Mil.
Selling, General, & Admin. Expense(SGA) was ฿813 Mil.
Total Current Liabilities was ฿112 Mil.
Long-Term Debt & Capital Lease Obligation was ฿62 Mil.
Net Income was 19.866 + 6.047 + 8.459 + 14.856 = ฿49 Mil.
Non Operating Income was 0.448 + 0.92 + 0.385 + 0.671 = ฿2 Mil.
Cash Flow from Operations was 24.343 + 27.28 + 26.517 + 6.856 = ฿85 Mil.
Total Receivables was ฿45 Mil.
Revenue was 289.962 + 308.067 + 279.763 + 272.817 = ฿1,151 Mil.
Gross Profit was 246.967 + 256.458 + 232.154 + 232.519 = ฿968 Mil.
Total Current Assets was ฿321 Mil.
Total Assets was ฿480 Mil.
Property, Plant and Equipment(Net PPE) was ฿138 Mil.
Depreciation, Depletion and Amortization(DDA) was ฿44 Mil.
Selling, General, & Admin. Expense(SGA) was ฿886 Mil.
Total Current Liabilities was ฿136 Mil.
Long-Term Debt & Capital Lease Obligation was ฿68 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)
=(43.568 / 1014.86) / (44.555 / 1150.609)
=0.04293 / 0.038723
=1.1086

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)
=(968.098 / 1150.609) / (877.199 / 1014.86)
=0.841379 / 0.864355
=0.9734

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 - (549.428 + 130.749) / 706.583) / (1 - (321.238 + 137.549) / 480.485)
=0.037371 / 0.045159
=0.8275

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
=1014.86 / 1150.609
=0.882

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))
=(43.952 / (43.952 + 137.549)) / (45.24 / (45.24 + 130.749))
=0.242158 / 0.257062
=0.942

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)
=(813.385 / 1014.86) / (886.484 / 1150.609)
=0.801475 / 0.770448
=1.0403

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)
=((61.872 + 112.096) / 706.583) / ((68.11 + 135.714) / 480.485)
=0.24621 / 0.424205
=0.5804

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
=(49.228 - 2.424 - 84.996) / 706.583
=-0.054052

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.

Nutrition Profess PCL has a M-score of -2.70 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 -2.70 mean?
Nutrition Profess PCL (BKK:NUT) has a Beneish M-Score of -2.70 as of Jul. 14, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Nutrition Profess PCL and its competitors. According to the industry distribution chart, Nutrition Profess PCL ranks #641 out of 1851 companies in the Consumer Packaged Goods industry, placing it in the top 34.6%.
Is Nutrition Profess PCL's Beneish M-Score too high?
Nutrition Profess PCL's current Beneish M-Score is -2.70. Based on the distribution chart, Nutrition Profess PCL ranks #641 out of 1851 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Nutrition Profess PCL has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Nutrition Profess PCL's Beneish M-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Nutrition Profess PCL ranks #641 out of 1851 companies for Beneish M-Score. This puts Nutrition Profess PCL 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 Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods 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 Nutrition Profess PCL and its competitors. Nutrition Profess PCL's current Beneish M-Score is -2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nutrition Profess PCL stock overvalued right now?
Nutrition Profess PCL (BKK:NUT) has a current Beneish M-Score of -2.70. The current Beneish M-Score is -2.70. Nutrition Profess PCL's overall GF Score™ is 19/100 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 Nutrition Profess PCL (BKK:NUT), the current Beneish M-Score is -2.70 as of Jul. 14, 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.

Nutrition Profess PCL Business Description

Address 1,2 Soi ChatuChot 14, Or Ngoen Subdistrict, Sai Mai District, Bangkok, THA, 10220
Nutrition Profess PCL trades and manufactures pharmaceutical products, food supplements, chemicals, cosmetics, and cosmeceuticals via online and offline channels. The company's three main distribution channels include Online channel; Offline channel; and Original Equipment Manufacturer (OEM). The company generates the majority of revenue through its Online channel, which includes sales made across all online platforms where its products are available.
19GF Score

Get the complete analysis for BKK:NUT

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

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