PT Bank MNC Internasional Tbk (ISX:BABP) Beneish M-Score: 0.00 (As of Jun. 25, 2026)


ISX:BABP PT Bank MNC Internasional Tbk ISX:BABP
59 GF Score
Price Rp50.00
GF Value Rp49.91
Valuation Fairly Valued
! 2 Warning Signs
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What is PT Bank MNC Internasional Tbk Beneish M-Score?

PT Bank MNC Internasional Tbk ISX:BABP 59 Beneish M-Score is 0.00 as of Jun. 25, 2026. GuruFocus rates ISX:BABP with a GF Score™ of 59/100 and a GF Value™ of Rp49.91 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,396 Banks companies, PT Bank MNC Internasional Tbk ranks worse than 71633.17% on this metric.

Note: Financial institutions were excluded from the sample in Beneish paper when calculating Beneish M-Score. Thus, the prediction might not fit banks and insurance companies.

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.

The historical rank and industry rank for PT Bank MNC Internasional Tbk's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of PT Bank MNC Internasional Tbk was 0.10. The lowest was -2.74. And the median was -2.01.

ISX:BABP
59GF Score
PT Bank MNC Internasional Tbk ISX:BABP
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Bank MNC Internasional Tbk 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 PT Bank MNC Internasional Tbk 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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 Rp0 Mil.
Revenue was 175664 + 207011 + 183512 + 186113 = Rp752,300 Mil.
Gross Profit was 175664 + 207011 + 183512 + 186113 = Rp752,300 Mil.
Total Current Assets was Rp0 Mil.
Total Assets was Rp21,384,229 Mil.
Property, Plant and Equipment(Net PPE) was Rp974,743 Mil.
Depreciation, Depletion and Amortization(DDA) was Rp42,263 Mil.
Selling, General, & Admin. Expense(SGA) was Rp187,558 Mil.
Total Current Liabilities was Rp0 Mil.
Long-Term Debt & Capital Lease Obligation was Rp0 Mil.
Net Income was 18329 + 21381 + 18681 + 21809 = Rp80,200 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = Rp0 Mil.
Cash Flow from Operations was 307080 + -689870 + -321935 + 495417 = Rp-209,308 Mil.
 Total Receivables was Rp0 Mil.
Revenue was 179427 + 170917 + 163697 + 162848 = Rp676,889 Mil.
Gross Profit was 179427 + 170917 + 163697 + 162848 = Rp676,889 Mil.
Total Current Assets was Rp0 Mil.
Total Assets was Rp20,756,664 Mil.
Property, Plant and Equipment(Net PPE) was Rp996,341 Mil.
Depreciation, Depletion and Amortization(DDA) was Rp40,980 Mil.
Selling, General, & Admin. Expense(SGA) was Rp169,867 Mil.
Total Current Liabilities was Rp0 Mil.
Long-Term Debt & Capital Lease Obligation was Rp0 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)
=(0 / 752300) / (0 / 676889)
=0 / 0
=

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)
=(676889 / 676889) / (752300 / 752300)
=1 / 1
=

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 - (0 + 974743) / 21384229) / (1 - (0 + 996341) / 20756664)
=0.954418 / 0.951999
=

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
=752300 / 676889
=

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))
=(40980 / (40980 + 996341)) / (42263 / (42263 + 974743))
=0.039506 / 0.041556
=

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)
=(187558 / 752300) / (169867 / 676889)
=0.249313 / 0.250953
=

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)
=((0 + 0) / 21384229) / ((0 + 0) / 20756664)
=0 / 0
=

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
=(80200 - 0 - -209308) / 21384229
=0.013538

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.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
PT Bank MNC Internasional Tbk (ISX:BABP) has a Beneish M-Score of 0.00 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on PT Bank MNC Internasional Tbk and its competitors. According to the industry distribution chart, PT Bank MNC Internasional Tbk ranks #999999 out of 1396 companies in the Banks industry.
Is PT Bank MNC Internasional Tbk's Beneish M-Score too high?
PT Bank MNC Internasional Tbk's current Beneish M-Score is 0.00. Based on the distribution chart, PT Bank MNC Internasional Tbk ranks #999999 out of 1396 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, PT Bank MNC Internasional Tbk has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Bank MNC Internasional Tbk's Beneish M-Score compare to competitors?
According to the Banks industry distribution chart, PT Bank MNC Internasional Tbk ranks #999999 out of 1396 companies for Beneish M-Score. This places PT Bank MNC Internasional Tbk 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 Banks company?
A good Beneish M-Score depends on the Banks 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 PT Bank MNC Internasional Tbk and its competitors. PT Bank MNC Internasional Tbk's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bank MNC Internasional Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bank MNC Internasional Tbk (ISX:BABP) is currently considered Fairly Valued. The stock's GF Value™ is Rp49.91, compared to a current price of Rp50.00 — trading 0.2% above its estimated fair value. The current Beneish M-Score is 0.00. PT Bank MNC Internasional Tbk's overall GF Score™ is 59/100 with 2 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 PT Bank MNC Internasional Tbk (ISX:BABP), the current Beneish M-Score is 0.00 as of Jun. 25, 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 PT Bank MNC Internasional Tbk (ISX:BABP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bank MNC Internasional Tbk stock appears to be overvalued. The current stock price of Rp50.00 is trading 0.2% above its estimated GF Value™ of Rp49.91. GuruFocus considers PT Bank MNC Internasional Tbk to be Fairly Valued.

Key valuation signals for ISX:BABP:

  • Beneish M-Score: 0.00
  • GF Value™: Rp49.91 vs. price of Rp50.00 (0.2% above fair value)
  • GF Score™: 59/100 with 2 warning signs

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

PT Bank MNC Internasional Tbk Business Description

Address Jalan Kebon Sirih Number 21-27, MNC Bank Tower, Lantai 8, Jakarta, IDN, 10340
PT Bank MNC Internasional Tbk provides banking services in Indonesia. The company's products consist of deposit products which include savings, current accounts, and deposits; loan products which include working capital loans, property ownership loans, and credit cards; and other services including treasury, trade finance, mobile banking, and bancassurance, among others. The segments of the company include: Business which serves corporate customers and debtors; Consumer which serves individual customers and debtors; Treasury which provides money market, trading and treasury services; and Others. The majority of the revenue is derived from the Business segment. All of the company's operations are conducted in Indonesia.
59GF Score

Get the complete analysis for ISX:BABP

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

Rp50.00
Price
Rp49.91
GF Value