EMPG (Empro Group) Beneish M-Score: 0.00 (As of Jun. 26, 2026)


EMPG Empro Group Inc EMPG
28 GF Score
Price $17.36
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What is Empro Group Beneish M-Score?

Empro Group EMPG 28 Beneish M-Score is 0.00 as of Jun. 26, 2026. GuruFocus rates EMPG with a GF Score™ of 28/100.

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 Empro Group's Beneish M-Score or its related term are showing as below:

During the past 4 years, the highest Beneish M-Score of Empro Group was 0.00. The lowest was 0.00. And the median was 0.00.

Empro Group Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Empro Group'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.

Empro Group Beneish M-Score Chart

Empro Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Beneish M-Score
0.00 0.00 -0.55 -1.97

Empro Group Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Beneish M-Score Get a 7-Day Free Trial 0.00 0.00 -0.55 0.00 -1.97

EMPG vs EDAP, OMI, YJGJ: Beneish M-Score Comparison

For the Medical Distribution subindustry, Empro Group'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.

Empro Group Beneish M-Score vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Empro Group's Beneish M-Score distribution charts can be found below:

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


EMPG
28GF Score
Empro Group Inc EMPG
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Empro Group 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 Empro Group 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 * 1.012+0.528 * 0.6497+0.404 * 0+0.892 * 1.4836+0.115 * 0.6296
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.898+4.679 * 0.13467-0.327 * 0.8325
=-1.97

* 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 (Dec24) TTM:Last Year (Dec23) TTM:
Total Receivables was $2.52 Mil.
Revenue was $5.49 Mil.
Gross Profit was $3.39 Mil.
Total Current Assets was $3.51 Mil.
Total Assets was $4.59 Mil.
Property, Plant and Equipment(Net PPE) was $1.08 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.41 Mil.
Selling, General, & Admin. Expense(SGA) was $2.29 Mil.
Total Current Liabilities was $1.81 Mil.
Long-Term Debt & Capital Lease Obligation was $1.25 Mil.
Net Income was $0.75 Mil.
Gross Profit was $0.00 Mil.
Cash Flow from Operations was $0.13 Mil.
 Total Receivables was $1.68 Mil.
Revenue was $3.70 Mil.
Gross Profit was $1.48 Mil.
Total Current Assets was $2.56 Mil.
Total Assets was $3.78 Mil.
Property, Plant and Equipment(Net PPE) was $1.22 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.26 Mil.
Selling, General, & Admin. Expense(SGA) was $1.72 Mil.
Total Current Liabilities was $1.76 Mil.
Long-Term Debt & Capital Lease Obligation was $1.27 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)
=(2.518 / 5.485) / (1.677 / 3.697)
=0.45907 / 0.453611
=1.012

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)
=(1.484 / 3.697) / (3.389 / 5.485)
=0.401407 / 0.617867
=0.6497

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 - (3.514 + 1.075) / 4.589) / (1 - (2.563 + 1.221) / 3.783)
=0 / -0.000264
=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
=5.485 / 3.697
=1.4836

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))
=(0.258 / (0.258 + 1.221)) / (0.412 / (0.412 + 1.075))
=0.174442 / 0.277068
=0.6296

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)
=(2.289 / 5.485) / (1.718 / 3.697)
=0.41732 / 0.464701
=0.898

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)
=((1.249 + 1.81) / 4.589) / ((1.265 + 1.764) / 3.783)
=0.666594 / 0.800687
=0.8325

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
=(0.751 - 0.003 - 0.13) / 4.589
=0.13467

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.

Empro Group has a M-score of -1.97 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 0.00 mean?
Empro Group (EMPG) has a Beneish M-Score of 0.00 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Empro Group and its competitors.
Is Empro Group's Beneish M-Score too high?
Empro Group's current Beneish M-Score is 0.00. Overall, Empro Group has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Empro Group's Beneish M-Score compare to EDAP and OMI?
Empro Group's Beneish M-Score of 0.00 can be compared against companies in the Medical Distribution 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 Medical Distribution company?
A good Beneish M-Score depends on the Medical Distribution 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 Empro Group and its competitors. Empro Group'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 Empro Group stock overvalued right now?
Empro Group (EMPG) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Empro Group's overall GF Score™ is 28/100. 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 Empro Group (EMPG), the current Beneish M-Score is 0.00 as of Jun. 26, 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.

Empro Group Business Description

Address 21, Jalan 15/23, Tiong Nam Industry Park, Shah Alam, SGR, MYS, 40200
Empro Group Inc operates in the Health and Beauty industry, focusing on enhancing well-being and confidence through a combination of skincare, cosmetics, healthcare products, and embroidery services. The company derives majority of its revenue from health care business segment involves trading and wholesaling of medical masks, COVID-19 test kits and related products.
28GF Score

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

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