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Greenpro CapitalGRNQ +0.22%42 Beneish M-Score is -1.47 as of Aug. 12, 2026. GuruFocus rates GRNQ with a GF Score™ of 42/100 and a GF Value™ of $6.31 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,019 Business Services companies, Greenpro Capital ranks worse than 88.42% 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.
Warning Sign:
Beneish M-Score -1.47 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Greenpro Capital's Beneish M-Score or its related term are showing as below:
GRNQ'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.68 Med: -2.41 Max: 36.51
Current: -1.47
During the past 13 years, the highest Beneish M-Score of Greenpro Capital was 36.51. The lowest was -3.68. And the median was -2.41.
The historical data trend for Greenpro Capital'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.
GRNQ vs KARX, ACCL, FOFO: Beneish M-Score Comparison
For the Consulting Services subindustry, Greenpro Capital'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.
Greenpro Capital Beneish M-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Greenpro Capital's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Greenpro Capital'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 Greenpro Capital 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 * 1.0963
+
0.528 * 1.1033
+
0.404 * 4.0219
+
0.892 * 0.6141
+
0.115 * 0.7301
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.6717
+
4.679 * -0.010439
-
0.327 * 0.4185
=
-1.47
* 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))
=
(0.242 / (0.242 + 2.289))
/
(0.214 / (0.214 + 1.42))
=
0.095614
/
0.130967
=
0.7301
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
=
(-3.393 - -0.867
-
-2.284)
/
23.182
=
-0.010439
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.
Greenpro Capital has a M-score of -1.47 signals that the company is likely to be a manipulator.
Greenpro Capital (GRNQ) has a Beneish M-Score of -1.47 as of Aug. 12, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Greenpro Capital and its competitors. According to the industry distribution chart, Greenpro Capital ranks #901 out of 1019 companies in the Business Services industry, placing it in the top 88.4%.
Is Greenpro Capital's Beneish M-Score too high?
Greenpro Capital's current Beneish M-Score is -1.47. Based on the distribution chart, Greenpro Capital ranks #901 out of 1019 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Greenpro Capital has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Greenpro Capital's Beneish M-Score compare to KARX and ACCL?
According to the Business Services industry distribution chart, Greenpro Capital ranks #901 out of 1019 companies for Beneish M-Score. This places Greenpro Capital 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 Business Services company?
A good Beneish M-Score depends on the Business Services 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 Greenpro Capital and its competitors. Greenpro Capital's current Beneish M-Score is -1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenpro Capital stock overvalued right now?
Based on GuruFocus' analysis, Greenpro Capital (GRNQ) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.31, compared to a current price of $9.28 — trading 47.1% above its estimated fair value. The current Beneish M-Score is -1.47. Greenpro Capital's overall GF Score™ is 42/100 with 4 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 Greenpro Capital (GRNQ), the current Beneish M-Score is -1.47 as of Aug. 12, 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 Greenpro Capital (GRNQ) Overvalued in 2026?
Based on GuruFocus' analysis, Greenpro Capital stock appears to be overvalued.
The current stock price of $9.28 is trading 47.1% above its estimated GF Value™ of $6.31.
GuruFocus considers Greenpro Capital to be Significantly Overvalued.
Key valuation signals for GRNQ:
Beneish M-Score: -1.47
GF Value™: $6.31 vs. price of $9.28 (47.1% above fair value)
No single metric tells the full story. See the GRNQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Greenpro Capital Corp operates and provides business solution services to small and medium-sized businesses located in Southeast Asia and East Asia, with a focus on Hong Kong, China, and Malaysia, and in Thailand and Taiwan. Its range of services includes cross-border business solutions, record management services, and accounting outsourcing services. Cross-border business services include other services, tax planning, trust, & wealth management. Its segments include the Service business engaged in the provision of corporate advisory & business solution services; the Real estate business segment engaged in trading or leasing of commercial real estate properties in Hong Kong & Malaysia; & the Digital business segment engaged in the provision of digital platform & trading of digital assets.
42GF Score
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