GLE (Global Engine Group Holding) Beneish M-Score: -2.37 (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

GLE Global Engine Group Holding Ltd GLE
35 GF Score
Price $0.42
! 5 Warning Signs
View Full Analysis

What is Global Engine Group Holding Beneish M-Score?

Global Engine Group Holding GLE +1.96% 35 Beneish M-Score is -2.37 as of Jul. 14, 2026. GuruFocus rates GLE with a GF Score™ of 35/100. The stock has 5 warning signs investors should review. Among 2,631 Software companies, Global Engine Group Holding ranks worse than 61.19% 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 -2.37 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Global Engine Group Holding's Beneish M-Score or its related term are showing as below:

GLE' s Beneish M-Score Range Over the Past 10 Years
Min: -2.37   Med: -1.38   Max: 1.56
Current: -2.37

During the past 6 years, the highest Beneish M-Score of Global Engine Group Holding was 1.56. The lowest was -2.37. And the median was -1.38.


Global Engine Group Holding Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Global Engine Group Holding'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.

Global Engine Group Holding Beneish M-Score Chart

Global Engine Group Holding Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beneish M-Score
Get a 7-Day Free Trial 0.00 0.00 1.56 -1.38 -2.37

Global Engine Group Holding Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -1.38 0.00 -2.37 0.00

GLE vs HWNI, ARBB, DTST: Beneish M-Score Comparison

For the Information Technology Services subindustry, Global Engine Group Holding'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.


Global Engine Group Holding Beneish M-Score vs Software Industry

For the Software industry and Technology sector, Global Engine Group Holding's Beneish M-Score distribution charts can be found below:

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


GLE
35GF Score
Global Engine Group Holding Ltd GLE
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Engine Group Holding 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 Global Engine Group Holding 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 * 1.1673+0.528 * 0.9399+0.404 * 2.8629+0.892 * 0.4645+0.115 * 1.1267
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 5.2685+4.679 * 0.039067-0.327 * 0.2514
=-2.37

* 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 (Jun25) TTM:Last Year (Jun24) TTM:
Total Receivables was $1.19 Mil.
Revenue was $2.94 Mil.
Gross Profit was $0.46 Mil.
Total Current Assets was $4.56 Mil.
Total Assets was $9.39 Mil.
Property, Plant and Equipment(Net PPE) was $0.19 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.15 Mil.
Selling, General, & Admin. Expense(SGA) was $1.16 Mil.
Total Current Liabilities was $1.33 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Net Income was $-0.74 Mil.
Gross Profit was $0.06 Mil.
Cash Flow from Operations was $-1.17 Mil.
Total Receivables was $2.19 Mil.
Revenue was $6.33 Mil.
Gross Profit was $0.94 Mil.
Total Current Assets was $3.34 Mil.
Total Assets was $4.14 Mil.
Property, Plant and Equipment(Net PPE) was $0.09 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.09 Mil.
Selling, General, & Admin. Expense(SGA) was $0.47 Mil.
Total Current Liabilities was $2.33 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)
=(1.189 / 2.941) / (2.193 / 6.332)
=0.404284 / 0.346336
=1.1673

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)
=(0.939 / 6.332) / (0.464 / 2.941)
=0.148294 / 0.157769
=0.9399

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 - (4.559 + 0.188) / 9.394) / (1 - (3.336 + 0.087) / 4.138)
=0.494677 / 0.172789
=2.8629

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
=2.941 / 6.332
=0.4645

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))
=(0.087 / (0.087 + 0.087)) / (0.15 / (0.15 + 0.188))
=0.5 / 0.443787
=1.1267

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)
=(1.155 / 2.941) / (0.472 / 6.332)
=0.392724 / 0.074542
=5.2685

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 + 1.327) / 9.394) / ((0 + 2.325) / 4.138)
=0.14126 / 0.561866
=0.2514

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
=(-0.744 - 0.062 - -1.173) / 9.394
=0.039067

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.

Global Engine Group Holding has a M-score of -2.37 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 -2.37 mean?
Global Engine Group Holding (GLE) has a Beneish M-Score of -2.37 as of Jul. 14, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Global Engine Group Holding and its competitors. According to the industry distribution chart, Global Engine Group Holding ranks #1610 out of 2631 companies in the Software industry, placing it in the top 61.2%.
Is Global Engine Group Holding's Beneish M-Score too high?
Global Engine Group Holding's current Beneish M-Score is -2.37. Based on the distribution chart, Global Engine Group Holding ranks #1610 out of 2631 companies in the Software industry, which is below the industry midpoint. Overall, Global Engine Group Holding has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Global Engine Group Holding's Beneish M-Score compare to HWNI and ARBB?
According to the Software industry distribution chart, Global Engine Group Holding ranks #1610 out of 2631 companies for Beneish M-Score. This places Global Engine Group Holding 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 Software company?
A good Beneish M-Score depends on the Software 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 Global Engine Group Holding and its competitors. Global Engine Group Holding's current Beneish M-Score is -2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Engine Group Holding stock overvalued right now?
Global Engine Group Holding (GLE) has a current Beneish M-Score of -2.37. The current Beneish M-Score is -2.37. Global Engine Group Holding's overall GF Score™ is 35/100 with 5 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 Global Engine Group Holding (GLE), the current Beneish M-Score is -2.37 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.

Global Engine Group Holding Business Description

Address 95 How Ming Street, Room C, 19th Floor, World Tech Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Global Engine Group Holding Ltd offers integrated solutions by using ICT solutions to drive business outcomes and innovation. Its service offerings comprise services to telecom operators, including the one-stop shop purchase from telecom license application service to turnkey network setup as well as service outsourcing; business planning, development, technical and operations consulting programs structured to target the cloud computing and data center providers; system design, planning, development and operation services to technology companies; cloud platform deployment, IT system design and configuration services, maintenance services, data center colocation service and cloud service.
35GF Score

Get the complete analysis for GLE

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

$0.42
Price