Mos House Group (HKSE:01653) Beneish M-Score: -2.54 (As of Jul. 07, 2026)


HKSE:01653 Mos House Group Ltd HKSE:01653
44 GF Score
Price HK$2.20
GF Value HK$0.21
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Mos House Group Beneish M-Score?

Mos House Group HKSE:01653 44 Beneish M-Score is -2.54 as of Jul. 07, 2026. GuruFocus rates HKSE:01653 with a GF Score™ of 44/100 and a GF Value™ of HK$0.21 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,700 Construction companies, Mos House Group ranks better than 53.94% 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 -2.54 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Mos House Group's Beneish M-Score or its related term are showing as below:

HKSE:01653' s Beneish M-Score Range Over the Past 10 Years
Min: -3.3   Med: -2.56   Max: -2.13
Current: -2.54

During the past 12 years, the highest Beneish M-Score of Mos House Group was -2.13. The lowest was -3.30. And the median was -2.56.

Mos House Group Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Mos House Group'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.

Mos House Group Beneish M-Score Chart

Mos House Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.64 -2.60 -2.47 -2.54 0.00

Mos House Group Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.47 0.00 -2.54 0.00 0.00

HKSE:01653 vs TT, JCI, CARR: Beneish M-Score Comparison

For the Building Products & Equipment subindustry, Mos House Group'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.

Mos House Group Beneish M-Score vs Construction Industry

For the Construction industry and Industrials sector, Mos House Group's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Mos House Group's Beneish M-Score falls into.


HKSE:01653
44GF Score
Mos House Group Ltd HKSE:01653
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mos House Group Beneish M-Score Calculation

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 Mos House Group 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 * 1.1106+0.528 * 1.3009+0.404 * 0.8634+0.892 * 0.8924+0.115 * 1.3873
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.6711+4.679 * -0.056876-0.327 * 1.0122
=-2.54

* 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.

This Year (Mar25) TTM:Last Year (Mar24) TTM:
Total Receivables was HK$134.5 Mil.
Revenue was HK$109.4 Mil.
Gross Profit was HK$55.0 Mil.
Total Current Assets was HK$221.3 Mil.
Total Assets was HK$314.1 Mil.
Property, Plant and Equipment(Net PPE) was HK$36.3 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$25.8 Mil.
Selling, General, & Admin. Expense(SGA) was HK$2.0 Mil.
Total Current Liabilities was HK$137.0 Mil.
Long-Term Debt & Capital Lease Obligation was HK$37.1 Mil.
Net Income was HK$-3.4 Mil.
Gross Profit was HK$0.0 Mil.
Cash Flow from Operations was HK$14.5 Mil.
 Total Receivables was HK$135.7 Mil.
Revenue was HK$122.6 Mil.
Gross Profit was HK$80.1 Mil.
Total Current Assets was HK$224.0 Mil.
Total Assets was HK$317.0 Mil.
Property, Plant and Equipment(Net PPE) was HK$27.0 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$36.8 Mil.
Selling, General, & Admin. Expense(SGA) was HK$3.3 Mil.
Total Current Liabilities was HK$172.0 Mil.
Long-Term Debt & Capital Lease Obligation was HK$1.6 Mil.

1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(134.526 / 109.393) / (135.726 / 122.577)
=1.22975 / 1.107271
=1.1106

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(80.148 / 122.577) / (54.985 / 109.393)
=0.653858 / 0.502637
=1.3009

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (221.333 + 36.31) / 314.104) / (1 - (224.013 + 26.98) / 316.992)
=0.179753 / 0.208204
=0.8634

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

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.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=109.393 / 122.577
=0.8924

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

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))
=(36.786 / (36.786 + 26.98)) / (25.848 / (25.848 + 36.31))
=0.576891 / 0.415843
=1.3873

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

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(1.976 / 109.393) / (3.299 / 122.577)
=0.018063 / 0.026914
=0.6711

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((37.122 + 136.962) / 314.104) / ((1.614 + 171.958) / 316.992)
=0.554224 / 0.54756
=1.0122

8. TATA = Total Accruals to Total Assets

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
=(-3.4 - 0 - 14.465) / 314.104
=-0.056876

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.

Mos House Group has a M-score of -2.54 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -2.54 mean?
Mos House Group (HKSE:01653) has a Beneish M-Score of -2.54 as of Jul. 07, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Mos House Group and its competitors. According to the industry distribution chart, Mos House Group ranks #783 out of 1700 companies in the Construction industry, placing it in the top 46.1%.
Is Mos House Group's Beneish M-Score too high?
Mos House Group's current Beneish M-Score is -2.54. Based on the distribution chart, Mos House Group ranks #783 out of 1700 companies in the Construction industry, which is above the industry midpoint. Overall, Mos House Group has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mos House Group's Beneish M-Score compare to TT and JCI?
According to the Construction industry distribution chart, Mos House Group ranks #783 out of 1700 companies for Beneish M-Score. This puts Mos House Group in the upper 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 Mos House Group and its competitors. Mos House Group's current Beneish M-Score is -2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mos House Group stock overvalued right now?
Based on GuruFocus' analysis, Mos House Group (HKSE:01653) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.21, compared to a current price of HK$2.20 — trading 947.6% above its estimated fair value. The current Beneish M-Score is -2.54. Mos House Group's overall GF Score™ is 44/100 with 6 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 Mos House Group (HKSE:01653), the current Beneish M-Score is -2.54 as of Jul. 07, 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 Mos House Group (HKSE:01653) Overvalued in 2026?

Based on GuruFocus' analysis, Mos House Group stock appears to be overvalued. The current stock price of HK$2.20 is trading 947.6% above its estimated GF Value™ of HK$0.21. GuruFocus considers Mos House Group to be Significantly Overvalued.

Key valuation signals for HKSE:01653:

  • Beneish M-Score: -2.54
  • GF Value™: HK$0.21 vs. price of HK$2.20 (947.6% above fair value)
  • GF Score™: 44/100 with 6 warning signs

No single metric tells the full story. See the HKSE:01653 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mos House Group Business Description

Address 228 Wan Chai Road, Unit 1001, 10th Floor, Plaza 228, Wanchai, Hong Kong, HKG
Mos House Group Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in the trading of ceramic tiles in Hong Kong. It offers tiles products such as Porcelain tiles, Ceramic tiles, Mosaic tiles, Bathroom fixtures and others. Its segments include Trading of tiles and bathroom fixture products - sale of tiles and bathroom fixtures products through either retail or non-retail channel; and Property investment. It generates maximum revenue from Trading of tiles and bathroom fixture product segment. It operates in Hong Kong and Macau, out of which maximum revenue is derived from Hong Kong.
44GF Score

Get the complete analysis for HKSE:01653

Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$2.20
Price
HK$0.21
GF Value