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Sunsweet PCLBKK:SUN -1.59%78 Beneish M-Score is -2.41 as of Jul. 17, 2026. GuruFocus rates BKK:SUN with a GF Score™ of 78/100 and a GF Value™ of ฿3.64 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,852 Consumer Packaged Goods companies, Sunsweet PCL ranks worse than 59.34% 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 -2.41 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Sunsweet PCL's Beneish M-Score or its related term are showing as below:
BKK:SUN'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.99 Med: -2.53 Max: -1.12
Current: -2.41
During the past 12 years, the highest Beneish M-Score of Sunsweet PCL was -1.12. The lowest was -3.99. And the median was -2.53.
Sunsweet PCL Beneish M-Score Related Terms
Sunsweet PCL Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Sunsweet 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:SUN vs ADM, BG, TSN: Beneish M-Score Comparison
For the Farm Products subindustry, Sunsweet 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.
Sunsweet PCL Beneish M-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Sunsweet PCL's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Sunsweet 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 Sunsweet 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 * 1.0386
+
0.528 * 1.2956
+
0.404 * 1.1515
+
0.892 * 1.0249
+
0.115 * 0.9912
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0544
+
4.679 * -0.029445
-
0.327 * 1.1795
=
-2.41
* 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))
=
(100.144 / (100.144 + 1256.925))
/
(104.215 / (104.215 + 1295.665))
=
0.073794
/
0.074446
=
0.9912
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
=
(142.477 - 48.819
-
161.429)
/
2301.596
=
-0.029445
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.
Sunsweet PCL has a M-score of -2.41 suggests that the company is unlikely to be a manipulator.
Sunsweet PCL (BKK:SUN) has a Beneish M-Score of -2.41 as of Jul. 17, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Sunsweet PCL and its competitors. According to the industry distribution chart, Sunsweet PCL ranks #1099 out of 1852 companies in the Consumer Packaged Goods industry, placing it in the top 59.3%.
Is Sunsweet PCL's Beneish M-Score too high?
Sunsweet PCL's current Beneish M-Score is -2.41. Based on the distribution chart, Sunsweet PCL ranks #1099 out of 1852 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Sunsweet PCL has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sunsweet PCL's Beneish M-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Sunsweet PCL ranks #1099 out of 1852 companies for Beneish M-Score. This places Sunsweet PCL 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 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 Sunsweet PCL and its competitors. Sunsweet PCL's current Beneish M-Score is -2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunsweet PCL stock overvalued right now?
Based on GuruFocus' analysis, Sunsweet PCL (BKK:SUN) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿3.64, compared to a current price of ฿2.48 — trading 31.9% below its estimated fair value. The current Beneish M-Score is -2.41. Sunsweet PCL's overall GF Score™ is 78/100 with 6 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 Sunsweet PCL (BKK:SUN), the current Beneish M-Score is -2.41 as of Jul. 17, 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 Sunsweet PCL (BKK:SUN) Overvalued in 2026?
Based on GuruFocus' analysis, Sunsweet PCL stock appears to be undervalued.
The current stock price of ฿2.48 is trading 31.9% below its estimated GF Value™ of ฿3.64.
GuruFocus considers Sunsweet PCL to be Significantly Undervalued.
Key valuation signals for BKK:SUN:
Beneish M-Score: -2.41
GF Value™: ฿3.64 vs. price of ฿2.48 (31.9% below fair value)
No single metric tells the full story. See the BKK:SUN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sunsweet PCL is a Thailand-based company engaged in the production and distribution of processed sweet corn products. The company manufactures and supplies agricultural products including fresh and processed fruits and vegetables. It offers various products such as canned sweet corn, ready-to-eat pouch corn, and frozen sweet corn. The company operates in two reportable segments; Agricultural processed products and other segments. Geographically the company operates in two segments which are the Export Sales Segment and Domestic Sales Segment. The majority of revenue is derived from the Export of goods to overseas countries.
78GF Score
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