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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 -2.52 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Wynn Macau's Beneish M-Score or its related term are showing as below:
HKSE:01128'
s Beneish M-Score Range Over the Past 10 Years
Min: -6.89 Med: -3.1 Max: -1.02
Current: -2.52
During the past 13 years, the highest Beneish M-Score of Wynn Macau was -1.02. The lowest was -6.89. And the median was -3.10.
The historical data trend for Wynn Macau'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:01128 vs LVS, MGM, WYNN: Beneish M-Score Comparison
For the Resorts & Casinos subindustry, Wynn Macau'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.
Wynn Macau Beneish M-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Wynn Macau's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Wynn Macau'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 Wynn Macau 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 * 1.6403
+
0.528 * 1.0611
+
0.404 * 1.0919
+
0.892 * 1.0086
+
0.115 * 0.9464
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.2202
+
4.679 * -0.141506
-
0.327 * 0.9919
=
-2.52
* 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))
=
(2370.166 / (2370.166 + 23353.821))
/
(2478.825 / (2478.825 + 22981.759))
=
0.092138
/
0.097359
=
0.9464
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
=
(1629.617 - 0
-
7369.391)
/
40561.972
=
-0.141506
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.
Wynn Macau has a M-score of -2.52 suggests that the company is unlikely to be a manipulator.
Wynn Macau (HKSE:01128) has a Beneish M-Score of -2.52 as of Aug. 29, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Wynn Macau and its competitors. According to the industry distribution chart, Wynn Macau ranks #492 out of 821 companies in the Travel & Leisure industry, placing it in the top 59.9%.
Is Wynn Macau's Beneish M-Score too high?
Wynn Macau's current Beneish M-Score is -2.52. Based on the distribution chart, Wynn Macau ranks #492 out of 821 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Wynn Macau has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wynn Macau's Beneish M-Score compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Wynn Macau ranks #492 out of 821 companies for Beneish M-Score. This places Wynn Macau 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 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 Wynn Macau and its competitors. Wynn Macau's current Beneish M-Score is -2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wynn Macau stock overvalued right now?
Based on GuruFocus' analysis, Wynn Macau (HKSE:01128) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$7.13, compared to a current price of HK$5.70 — trading 20.1% below its estimated fair value. The current Beneish M-Score is -2.52. Wynn Macau's overall GF Score™ is 87/100 with 7 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 Wynn Macau (HKSE:01128), the current Beneish M-Score is -2.52 as of Aug. 29, 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 Wynn Macau (HKSE:01128) Overvalued in 2026?
Based on GuruFocus' analysis, Wynn Macau stock appears to be undervalued.
The current stock price of HK$5.70 is trading 20.1% below its estimated GF Value™ of HK$7.13.
GuruFocus considers Wynn Macau to be Modestly Undervalued.
Key valuation signals for HKSE:01128:
Beneish M-Score: -2.52
GF Value™: HK$7.13 vs. price of HK$5.70 (20.1% below fair value)
No single metric tells the full story. See the HKSE:01128 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wynn Macau operates two integrated casino resorts in Macao, including Wynn Macau on the peninsula and Wynn Palace in Cotai. These properties feature with high-end hotels and brand-name stores, making Wynn an iconic high-end brand. Wynn Resorts has a 71% stake in Wynn Macau.
87GF Score
Get the complete analysis for HKSE:01128
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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