BRWC (Birdie Win) Beneish M-Score: 0.00 (As of Jul. 20, 2026)

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Valuation Significantly Overvalued

2 Warning Signs

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What is Birdie Win Beneish M-Score?

Birdie Win BRWC +12.72% 34 Beneish M-Score is 0.00 as of Jul. 20, 2026. GuruFocus rates BRWC with a GF Score™ of 34/100 and a GF Value™ of $0.31 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 238 Education companies, Birdie Win ranks worse than 420167.65% 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.

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

During the past 5 years, the highest Beneish M-Score of Birdie Win was -5.47. The lowest was -10.40. And the median was -7.94.

Birdie Win Beneish M-Score Related Terms

Birdie Win Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Birdie Win'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.

Birdie Win Beneish M-Score Chart

Birdie Win Annual Data

Trend

Jul21

Jul22

Jul23

Jul24

Jul25

Beneish M-Score

0.00

Birdie Win Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26	Apr26
Beneish M-Score	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

BRWC vs FCHL, GSUN, NAUH: Beneish M-Score Comparison

For the Education & Training Services subindustry, Birdie Win'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.

Birdie Win Beneish M-Score vs Education Industry

For the Education industry and Consumer Defensive sector, Birdie Win's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Birdie Win's Beneish M-Score falls into.

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34GF Score

Birdie Win Corp BRWC

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Birdie Win 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 Birdie Win for today is based on a combination of the following eight different indices:

-4.84

0.92 * DSRI

0.528 * GMI

0.404 * AQI

0.892 * SGI

0.115 * DEPI

-4.84

0.92 *

0.528 *

0.404 *

0.892 *

0.115 *

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 *

4.679 *

0.327 *

This Year (Apr26) TTM:

Last Year (Apr25) TTM:

Total Receivables was $0.00 Mil.
Revenue was 0.005 + 0.005 + 0.005 + 0.005 = $0.02 Mil.
Gross Profit was 0.005 + 0.005 + 0.005 + 0.005 = $0.02 Mil.
Total Current Assets was $0.01 Mil.
Total Assets was $0.01 Mil.
Property, Plant and Equipment(Net PPE) was $0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.00 Mil.
Selling, General, & Admin. Expense(SGA) was $0.05 Mil.
Total Current Liabilities was $0.02 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Net Income was -0.005 + -0.008 + -0.008 + -0.011 = $-0.03 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = $0.00 Mil.
Cash Flow from Operations was 0.005 + -0.002 + 0 + 0 = $0.00 Mil.

Total Receivables was $0.00 Mil.
Revenue was 0.005 + 0.01 + 0.01 + 0.005 = $0.03 Mil.
Gross Profit was 0.005 + 0.01 + 0.01 + 0.005 = $0.03 Mil.
Total Current Assets was $0.03 Mil.
Total Assets was $0.03 Mil.
Property, Plant and Equipment(Net PPE) was $0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.00 Mil.
Selling, General, & Admin. Expense(SGA) was $0.04 Mil.
Total Current Liabilities was $0.00 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 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)
	=	(0 / 0.02)	/	(0 / 0.03)
	=	0	/	0
	=

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)
	=	(0.03 / 0.03)	/	(0.02 / 0.02)
	=	1	/	1
	=

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 - (0.011 + 0) / 0.011)	/	(1 - (0.028 + 0) / 0.028)
	=	0	/	0
	=

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
	=	0.02	/	0.03
	=

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))
	=	(0 / (0 + 0))	/	(0 / (0 + 0))
	=		/
	=

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)
	=	(0.052 / 0.02)	/	(0.043 / 0.03)
	=	2.6	/	1.433333
	=

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)
	=	((0 + 0.018) / 0.011)	/	((0 + 0.003) / 0.028)
	=	1.636364	/	0.107143
	=

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
	=	(-0.032 - 0	-	0.003)	/	0.011
	=	-3.181818

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.

Frequently Asked Questions Learn more about Beneish M-Score →

What does a Beneish M-Score of 0.00 mean?

Birdie Win (BRWC) has a Beneish M-Score of 0.00 as of Jul. 20, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Birdie Win and its competitors. According to the industry distribution chart, Birdie Win ranks #999999 out of 238 companies in the Education industry.

Is Birdie Win's Beneish M-Score too high?

Birdie Win's current Beneish M-Score is 0.00. Based on the distribution chart, Birdie Win ranks #999999 out of 238 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, Birdie Win has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Birdie Win's Beneish M-Score compare to FCHL and GSUN?

According to the Education industry distribution chart, Birdie Win ranks #999999 out of 238 companies for Beneish M-Score. This places Birdie Win 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 an Education company?

A good Beneish M-Score depends on the Education 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 Birdie Win and its competitors. Birdie Win's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Birdie Win stock overvalued right now?

Based on GuruFocus' analysis, Birdie Win (BRWC) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.31, compared to a current price of $0.42 — trading 34.5% above its estimated fair value. The current Beneish M-Score is 0.00. Birdie Win's overall GF Score™ is 34/100 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 Birdie Win (BRWC), the current Beneish M-Score is 0.00 as of Jul. 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 Birdie Win (BRWC) Overvalued in 2026?

Based on GuruFocus' analysis, Birdie Win stock appears to be overvalued. The current stock price of $0.42 is trading 34.5% above its estimated GF Value™ of $0.31. GuruFocus considers Birdie Win to be Significantly Overvalued.

Key valuation signals for BRWC:

Beneish M-Score: 0.00
GF Value™: $0.31 vs. price of $0.42 (34.5% above fair value)
GF Score™: 34/100 with 2 warning signs

No single metric tells the full story. See the BRWC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Birdie Win Business Description

Industry Consumer Defensive Education

Comparable Companies FCHL GSUN NAUH RPDL KIDZ EEIQ AMBO WAFU ASPU VSA EDU TAL LAUR GHC CVSA LOPE NSE:PWL LRN HKSE:01797 UTI

Address 28 Connaught Road West, Unit 8, 6th Floor, Wayson Commercial Building, Hong Kong, HKG

Website https://www.birdiewin.com

Birdie Win Corp provides financial literacy seminar services to Malaysian and Hong Kong individuals and families. It offers Personal Financial Literacy Seminar, which focuses on elevating its clients' financial literacy and teaching them responsible financial behaviors and rational attitudes towards financial management. The seminar is a one-on-one workshop, covering different aspects of financial literacy, presently conducted online via Zoom, which consists of four sessions and the clients are expected to devote at least three hours per session. The company has a single reportable segment based on business unit, financial services business (Literacy Seminar) and two reportable segments based on country, Malaysia and Hong Kong. The majority of its revenue comes from Hong Kong.

34GF Score

Get the complete analysis for BRWC

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

$0.42

Price

$0.31

GF Value

View BRWC Analysis

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