Medicskin Holdings (HKSE:08307) Beneish M-Score: -2.75 (As of Aug. 12, 2026)

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HKSE:08307 Medicskin Holdings Ltd HKSE:08307
54 GF Score
Price HK$0.12
GF Value HK$0.18
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Medicskin Holdings Beneish M-Score?

Medicskin Holdings HKSE:08307 54 Beneish M-Score is -2.75 as of Aug. 12, 2026. GuruFocus rates HKSE:08307 with a GF Score™ of 54/100 and a GF Value™ of HK$0.18 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 625 Healthcare Providers & Services companies, Medicskin Holdings ranks better than 64.16% 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 -2.75 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

HKSE:08307' s Beneish M-Score Range Over the Past 10 Years
Min: -4.52   Med: -2.86   Max: 4.85
Current: -2.75

During the past 13 years, the highest Beneish M-Score of Medicskin Holdings was 4.85. The lowest was -4.52. And the median was -2.86.

Medicskin Holdings Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Medicskin 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.

Medicskin Holdings Beneish M-Score Chart

Medicskin Holdings 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 0.17 -2.73 -4.52 2.42 -2.75

Medicskin Holdings Semi-Annual Data
Sep16 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 -4.52 0.00 2.42 0.00 -2.75

HKSE:08307 vs HCA, THC, DVA: Beneish M-Score Comparison

For the Medical Care Facilities subindustry, Medicskin 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.

Medicskin Holdings Beneish M-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medicskin Holdings's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Medicskin Holdings's Beneish M-Score falls into.


HKSE:08307
54GF Score
Medicskin Holdings Ltd HKSE:08307
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Medicskin Holdings 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 Medicskin 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 * 0.813+0.528 * 0.9601+0.404 * 1.6937+0.892 * 1.0613+0.115 * 0.9219
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.089627-0.327 * 0.9627
=-2.75

* 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was HK$1.93 Mil.
Revenue was HK$47.87 Mil.
Gross Profit was HK$25.28 Mil.
Total Current Assets was HK$35.01 Mil.
Total Assets was HK$51.07 Mil.
Property, Plant and Equipment(Net PPE) was HK$12.52 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$7.17 Mil.
Selling, General, & Admin. Expense(SGA) was HK$0.00 Mil.
Total Current Liabilities was HK$40.91 Mil.
Long-Term Debt & Capital Lease Obligation was HK$3.56 Mil.
Net Income was HK$0.94 Mil.
Gross Profit was HK$0.00 Mil.
Cash Flow from Operations was HK$5.51 Mil.
 Total Receivables was HK$2.24 Mil.
Revenue was HK$45.11 Mil.
Gross Profit was HK$22.87 Mil.
Total Current Assets was HK$37.15 Mil.
Total Assets was HK$57.44 Mil.
Property, Plant and Equipment(Net PPE) was HK$17.95 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$9.06 Mil.
Selling, General, & Admin. Expense(SGA) was HK$0.00 Mil.
Total Current Liabilities was HK$43.31 Mil.
Long-Term Debt & Capital Lease Obligation was HK$8.65 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)
=(1.93 / 47.871) / (2.237 / 45.108)
=0.040317 / 0.049592
=0.813

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)
=(22.873 / 45.108) / (25.284 / 47.871)
=0.507072 / 0.528169
=0.9601

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 - (35.007 + 12.517) / 51.067) / (1 - (37.145 + 17.945) / 57.443)
=0.069379 / 0.040962
=1.6937

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
=47.871 / 45.108
=1.0613

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))
=(9.064 / (9.064 + 17.945)) / (7.165 / (7.165 + 12.517))
=0.335592 / 0.364038
=0.9219

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)
=(0 / 47.871) / (0 / 45.108)
=0 / 0
=1

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)
=((3.555 + 40.914) / 51.067) / ((8.647 + 43.313) / 57.443)
=0.870797 / 0.904549
=0.9627

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
=(0.936 - 0 - 5.513) / 51.067
=-0.089627

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.

Medicskin Holdings has a M-score of -2.75 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 -2.75 mean?
Medicskin Holdings (HKSE:08307) has a Beneish M-Score of -2.75 as of Aug. 12, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Medicskin Holdings and its competitors. According to the industry distribution chart, Medicskin Holdings ranks #224 out of 625 companies in the Healthcare Providers & Services industry, placing it in the top 35.8%.
Is Medicskin Holdings' Beneish M-Score too high?
Medicskin Holdings' current Beneish M-Score is -2.75. Based on the distribution chart, Medicskin Holdings ranks #224 out of 625 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Medicskin Holdings has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Medicskin Holdings' Beneish M-Score compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Medicskin Holdings ranks #224 out of 625 companies for Beneish M-Score. This puts Medicskin Holdings 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 Healthcare Providers & Services company?
A good Beneish M-Score depends on the Healthcare Providers & 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 Medicskin Holdings and its competitors. Medicskin Holdings's current Beneish M-Score is -2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medicskin Holdings stock overvalued right now?
Based on GuruFocus' analysis, Medicskin Holdings (HKSE:08307) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.18, compared to a current price of HK$0.12 — trading 31.7% below its estimated fair value. The current Beneish M-Score is -2.75. Medicskin Holdings' overall GF Score™ is 54/100 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 Medicskin Holdings (HKSE:08307), the current Beneish M-Score is -2.75 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 Medicskin Holdings (HKSE:08307) Overvalued in 2026?

Based on GuruFocus' analysis, Medicskin Holdings stock appears to be undervalued. The current stock price of HK$0.12 is trading 31.7% below its estimated GF Value™ of HK$0.18. GuruFocus considers Medicskin Holdings to be Possible Value Trap.

Key valuation signals for HKSE:08307:

  • Beneish M-Score: -2.75
  • GF Value™: HK$0.18 vs. price of HK$0.12 (31.7% below fair value)
  • GF Score™: 54/100 with 4 warning signs

No single metric tells the full story. See the HKSE:08307 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Medicskin Holdings Business Description

Address 11 Wing Kut Street, Wing Hang Insurance Building, Unit B, 9th Floor, Hong Kong, HKG
Medicskin Holdings Ltd is a medical skin care service provider. It is engaged in providing services for inter alia, acne, pigmentation, rosacea, dermatitis, eczema and warts, skin rejuvenation, facial sculpturing and body contouring, treatment for acne scars and enlarged pores, removal of undesirable naevi, and hair removal. The company operates through a single segment namely Consultation Service, Prescription and Dispensing Service, and Treatment Services. The company offers services throughout Hong Kong.
54GF Score

Get the complete analysis for HKSE:08307

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

HK$0.12
Price
HK$0.18
GF Value