Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
OHTL PCLBKK:OHTL 75 Beneish M-Score is -2.83 as of Sep. 05, 2026. GuruFocus rates BKK:OHTL with a GF Score™ of 75/100 and a GF Value™ of ฿363.75 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 820 Travel & Leisure companies, OHTL PCL ranks better than 69.63% 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 -2.83 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for OHTL PCL's Beneish M-Score or its related term are showing as below:
BKK:OHTL'
s Beneish M-Score Range Over the Past 10 Years
Min: -11.58 Med: -3.01 Max: 103.54
Current: -2.83
During the past 13 years, the highest Beneish M-Score of OHTL PCL was 103.54. The lowest was -11.58. And the median was -3.01.
The historical data trend for OHTL 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.
BKK:OHTL vs MAR, HLT, H: Beneish M-Score Comparison
For the Lodging subindustry, OHTL 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.
OHTL PCL Beneish M-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, OHTL PCL's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where OHTL PCL'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 OHTL 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 * 0.7647
+
0.528 * 1.06
+
0.404 * 1.1821
+
0.892 * 1.0534
+
0.115 * 1.0007
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.003
+
4.679 * -0.073111
-
0.327 * 0.8405
=
-2.83
* 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))
=
(335.283 / (335.283 + 5278.453))
/
(338.7 / (338.7 + 5336.268))
=
0.059725
/
0.059683
=
1.0007
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
=
(365.249 - 12.409
-
776.131)
/
5789.695
=
-0.073111
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.
OHTL PCL has a M-score of -2.83 suggests that the company is unlikely to be a manipulator.
OHTL PCL (BKK:OHTL) has a Beneish M-Score of -2.83 as of Sep. 05, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on OHTL PCL and its competitors. According to the industry distribution chart, OHTL PCL ranks #249 out of 820 companies in the Travel & Leisure industry, placing it in the top 30.4%.
Is OHTL PCL's Beneish M-Score too high?
OHTL PCL's current Beneish M-Score is -2.83. Based on the distribution chart, OHTL PCL ranks #249 out of 820 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, OHTL PCL has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does OHTL PCL's Beneish M-Score compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, OHTL PCL ranks #249 out of 820 companies for Beneish M-Score. This puts OHTL 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 Travel & Leisure company?
A good Beneish M-Score depends on the Travel & Leisure 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 OHTL PCL and its competitors. OHTL PCL's current Beneish M-Score is -2.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OHTL PCL stock overvalued right now?
Based on GuruFocus' analysis, OHTL PCL (BKK:OHTL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿363.75, compared to a current price of ฿265.00 — trading 27.1% below its estimated fair value. The current Beneish M-Score is -2.83. OHTL PCL's overall GF Score™ is 75/100 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 OHTL PCL (BKK:OHTL), the current Beneish M-Score is -2.83 as of Sep. 05, 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 OHTL PCL (BKK:OHTL) Overvalued in 2026?
Based on GuruFocus' analysis, OHTL PCL stock appears to be undervalued.
The current stock price of ฿265.00 is trading 27.1% below its estimated GF Value™ of ฿363.75.
GuruFocus considers OHTL PCL to be Modestly Undervalued.
Key valuation signals for BKK:OHTL:
Beneish M-Score: -2.83
GF Value™: ฿363.75 vs. price of ฿265.00 (27.1% below fair value)
No single metric tells the full story. See the BKK:OHTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OHTL PCL is engaged in lodging service. It owns and operates hotels and restaurants. The hotel provides accommodations, restaurants, banquet rooms, and other facilities. The company has two business segments, namely Hotel operation, Food & beverage. It also provides laundry services and manages confectionery shops. Majority of revenue is generated from Hotel operation segment.
75GF Score
Get the complete analysis for BKK:OHTL
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:OHTL has been successfully added to your 
