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BHCC HoldingHKSE:01552 61 Beneish M-Score is -2.47 as of Aug. 01, 2026. GuruFocus rates HKSE:01552 with a GF Score™ of 61/100 and a GF Value™ of HK$0.11 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,696 Construction companies, BHCC Holding ranks worse than 51.06% 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 -2.47 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for BHCC Holding's Beneish M-Score or its related term are showing as below:
HKSE:01552'
s Beneish M-Score Range Over the Past 10 Years
Min: -4.88 Med: -2.62 Max: -1.57
Current: -2.47
During the past 12 years, the highest Beneish M-Score of BHCC Holding was -1.57. The lowest was -4.88. And the median was -2.62.
The historical data trend for BHCC 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.
HKSE:01552 vs PWR, FIX, EME: Beneish M-Score Comparison
For the Engineering & Construction subindustry, BHCC 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.
BHCC Holding Beneish M-Score vs Construction Industry
For the Construction industry and Industrials sector, BHCC Holding's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where BHCC Holding'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 BHCC 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 * 1.1303
+
0.528 * 0.5394
+
0.404 * 1.7091
+
0.892 * 1.1021
+
0.115 * 1.0691
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9443
+
4.679 * -0.054601
-
0.327 * 1.0097
=
-2.47
* 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))
=
(13.378 / (13.378 + 44.831))
/
(12.226 / (12.226 + 44.646))
=
0.229827
/
0.214974
=
1.0691
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
=
(52.411 - 0
-
133.377)
/
1482.855
=
-0.054601
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.
BHCC Holding has a M-score of -2.47 suggests that the company is unlikely to be a manipulator.
BHCC Holding (HKSE:01552) has a Beneish M-Score of -2.47 as of Aug. 01, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on BHCC Holding and its competitors. According to the industry distribution chart, BHCC Holding ranks #866 out of 1696 companies in the Construction industry, placing it in the top 51.1%.
Is BHCC Holding's Beneish M-Score too high?
BHCC Holding's current Beneish M-Score is -2.47. Based on the distribution chart, BHCC Holding ranks #866 out of 1696 companies in the Construction industry, which is below the industry midpoint. Overall, BHCC Holding has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BHCC Holding's Beneish M-Score compare to PWR and FIX?
According to the Construction industry distribution chart, BHCC Holding ranks #866 out of 1696 companies for Beneish M-Score. This places BHCC 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 Construction company?
A good Beneish M-Score depends on the Construction 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 BHCC Holding and its competitors. BHCC Holding's current Beneish M-Score is -2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BHCC Holding stock overvalued right now?
Based on GuruFocus' analysis, BHCC Holding (HKSE:01552) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.11, compared to a current price of HK$0.26 — trading 131.8% above its estimated fair value. The current Beneish M-Score is -2.47. BHCC Holding's overall GF Score™ is 61/100 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 BHCC Holding (HKSE:01552), the current Beneish M-Score is -2.47 as of Aug. 01, 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 BHCC Holding (HKSE:01552) Overvalued in 2026?
Based on GuruFocus' analysis, BHCC Holding stock appears to be overvalued.
The current stock price of HK$0.26 is trading 131.8% above its estimated GF Value™ of HK$0.11.
GuruFocus considers BHCC Holding to be Significantly Overvalued.
Key valuation signals for HKSE:01552:
Beneish M-Score: -2.47
GF Value™: HK$0.11 vs. price of HK$0.26 (131.8% above fair value)
No single metric tells the full story. See the HKSE:01552 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BHCC Holding Ltd is an investment holding company. Along with its subsidiaries, the company operates as a contractor providing building and construction works in Singapore. It provides construction services for various types of buildings, including educational institutions, and residential, commercial, and industrial buildings. The group's operating segments are Building and Construction works and Property Investment. A majority of its revenue is generated from the Building and Construction works segment, which is engaged in the provision of building and construction works via main contractor and subcontractor projects to the public and private sectors. The Property Investment segment is involved in the leasing of industrial properties. The company derives its revenue from Singapore.
61GF Score
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Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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