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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 -3 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Paliburg Holdings's Beneish M-Score or its related term are showing as below:
HKSE:00617'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.42 Med: -2.49 Max: 0.35
Current: -3
During the past 13 years, the highest Beneish M-Score of Paliburg Holdings was 0.35. The lowest was -3.42. And the median was -2.49.
The historical data trend for Paliburg Holdings'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.
HKSE:00617 vs MAR, HLT, H: Beneish M-Score Comparison
For the Lodging subindustry, Paliburg Holdings'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.
Paliburg Holdings Beneish M-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Paliburg Holdings's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Paliburg Holdings'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 Paliburg Holdings 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 * 0.4864
+
0.528 * 1.1216
+
0.404 * 1.0017
+
0.892 * 1.3887
+
0.115 * 0.9916
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9651
+
4.679 * -0.098104
-
0.327 * 1.0066
=
-3.00
* 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))
=
(710.4 / (710.4 + 20746.3))
/
(693.2 / (693.2 + 20067.5))
=
0.033109
/
0.03339
=
0.9916
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
=
(-1157.9 - 0
-
2026.7)
/
32461.5
=
-0.098104
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.
Paliburg Holdings has a M-score of -3.00 suggests that the company is unlikely to be a manipulator.
Paliburg Holdings (HKSE:00617) has a Beneish M-Score of -3.00 as of Aug. 20, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Paliburg Holdings and its competitors. According to the industry distribution chart, Paliburg Holdings ranks #186 out of 820 companies in the Travel & Leisure industry, placing it in the top 22.7%.
Is Paliburg Holdings' Beneish M-Score too high?
Paliburg Holdings' current Beneish M-Score is -3.00. Based on the distribution chart, Paliburg Holdings ranks #186 out of 820 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Paliburg Holdings has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Paliburg Holdings' Beneish M-Score compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Paliburg Holdings ranks #186 out of 820 companies for Beneish M-Score. This places Paliburg Holdings in the top 23% of its industry — outperforming the majority of peers. 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 Travel & Leisure company?
A good Beneish M-Score depends on the Travel & Leisure 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 Paliburg Holdings and its competitors. Paliburg Holdings's current Beneish M-Score is -3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paliburg Holdings stock overvalued right now?
Based on GuruFocus' analysis, Paliburg Holdings (HKSE:00617) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.97, compared to a current price of HK$0.18 — trading 81.6% below its estimated fair value. The current Beneish M-Score is -3.00. Paliburg Holdings' overall GF Score™ is 36/100 with 3 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 Paliburg Holdings (HKSE:00617), the current Beneish M-Score is -3.00 as of Aug. 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 Paliburg Holdings (HKSE:00617) Overvalued in 2026?
Based on GuruFocus' analysis, Paliburg Holdings stock appears to be undervalued.
The current stock price of HK$0.18 is trading 81.6% below its estimated GF Value™ of HK$0.97.
GuruFocus considers Paliburg Holdings to be Possible Value Trap.
Key valuation signals for HKSE:00617:
Beneish M-Score: -3.00
GF Value™: HK$0.97 vs. price of HK$0.18 (81.6% below fair value)
No single metric tells the full story. See the HKSE:00617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Paliburg Holdings Ltd is a holding company. It operates in various segments, which include Property development and investment; Construction and building-related business; Hotel operation and management and hotel ownership; Asset management; Financial assets investments; Aircraft ownership and leasing; and others segment. It generates a key revenue from the Hotel operation and management and hotel ownership segment, which engages in hotel operations, the provision of hotel management services, and the ownership of hotel properties for rental income; and the property development and investment segment, which comprises the development and sale of properties, the leasing of properties, and the provision of estate agency services. The firm generates almost all of its revenue from Hong Kong.
36GF Score
Get the complete analysis for HKSE:00617
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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