Gallant VentureGLVNF -57.14% Beneish M-Score is -2.55 as of Jun. 27, 2026. The stock has 4 warning signs investors should review. Among 486 Utilities - Regulated companies, Gallant Venture ranks worse than 53.5% 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 -2.55 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Gallant Venture's Beneish M-Score or its related term are showing as below:
GLVNF'
s Beneish M-Score Range Over the Past 10 Years
Min: -5.82 Med: -2.58 Max: 6.87
Current: -2.55
During the past 13 years, the highest Beneish M-Score of Gallant Venture was 6.87. The lowest was -5.82. And the median was -2.58.
Gallant Venture Beneish M-Score Related Terms
Gallant Venture Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Gallant Venture'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.
For the Utilities - Diversified subindustry, Gallant Venture'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.
Gallant Venture Beneish M-Score vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Gallant Venture's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Gallant Venture'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 Gallant Venture 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 * 0.9003
+
0.528 * 1.0493
+
0.404 * 1.2306
+
0.892 * 1.1785
+
0.115 * 1.6604
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9337
+
4.679 * -0.075844
-
0.327 * 0.812
=
-2.50
* 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))
=
(22.131 / (22.131 + 115.147))
/
(27.783 / (27.783 + 258.369))
=
0.161213
/
0.097092
=
1.6604
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
=
(8.254 - 0
-
127.497)
/
1572.224
=
-0.075844
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.
Gallant Venture has a M-score of -2.50 suggests that the company is unlikely to be a manipulator.
Gallant Venture (GLVNF) has a Beneish M-Score of -2.55 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Gallant Venture and its competitors. According to the industry distribution chart, Gallant Venture ranks #260 out of 486 companies in the Utilities - Regulated industry, placing it in the top 53.5%.
Is Gallant Venture's Beneish M-Score too high?
Gallant Venture's current Beneish M-Score is -2.55. Based on the distribution chart, Gallant Venture ranks #260 out of 486 companies in the Utilities - Regulated industry, which is below the industry midpoint.
How does Gallant Venture's Beneish M-Score compare to SRE?
According to the Utilities - Regulated industry distribution chart, Gallant Venture ranks #260 out of 486 companies for Beneish M-Score. This places Gallant Venture 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 Utilities - Regulated company?
A good Beneish M-Score depends on the Utilities - Regulated 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 Gallant Venture and its competitors. Gallant Venture's current Beneish M-Score is -2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gallant Venture stock overvalued right now?
Based on GuruFocus' analysis, Gallant Venture (GLVNF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.09, compared to a current price of $0.03 — trading 66.7% below its estimated fair value. The current Beneish M-Score is -2.55. 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 Gallant Venture (GLVNF), the current Beneish M-Score is -2.55 as of Jun. 27, 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.
Gallant Venture Ltd is an investment holding company. The company operates in the following different segments: Utilities, which is engaged in activities of provision of electricity and water supply, telecommunication services, and waste management services; Industrial parks, which is into the development, construction, operation, and maintenance of industrial properties; Resort operations, which are engaged in the provision of services to resort operation; and Property development, which is engaged in activities of developing industrial and resort properties. A majority of the group's revenue is generated from the Utilities segment. Geographically, the group operates mainly in Indonesia.
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