PT Bach Multi Global Tbk (ISX:BACH) Beneish M-Score: 0.00 (As of Jul. 27, 2026)

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ISX:BACH PT Bach Multi Global Tbk ISX:BACH
9 GF Score
Price Rp525.00
! 2 Warning Signs
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What is PT Bach Multi Global Tbk Beneish M-Score?

PT Bach Multi Global Tbk ISX:BACH -0.94% 9 Beneish M-Score is 0.00 as of Jul. 27, 2026. GuruFocus rates ISX:BACH with a GF Score™ of 9/100. The stock has 2 warning signs investors should review. Among 2,914 Industrial Products companies, PT Bach Multi Global Tbk ranks worse than 34317.06% 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.

The historical rank and industry rank for PT Bach Multi Global Tbk's Beneish M-Score or its related term are showing as below:

During the past 3 years, the highest Beneish M-Score of PT Bach Multi Global Tbk was 0.00. The lowest was 0.00. And the median was 0.00.

PT Bach Multi Global Tbk Beneish M-Score Historical Data

* Premium members only.

The historical data trend for PT Bach Multi Global Tbk'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.

PT Bach Multi Global Tbk Beneish M-Score Chart

PT Bach Multi Global Tbk Annual Data
Trend Dec23 Dec24 Dec25
Beneish M-Score
0.00 0.00 0.00

PT Bach Multi Global Tbk Quarterly Data
Dec23 Dec24 Dec25
Beneish M-Score 0.00 0.00 0.00

ISX:BACH vs VRT, BE, HUBB: Beneish M-Score Comparison

For the Electrical Equipment & Parts subindustry, PT Bach Multi Global Tbk'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.

PT Bach Multi Global Tbk Beneish M-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, PT Bach Multi Global Tbk's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where PT Bach Multi Global Tbk's Beneish M-Score falls into.


ISX:BACH
9GF Score
PT Bach Multi Global Tbk ISX:BACH
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Bach Multi Global 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 Bach Multi Global 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 * 0.8392+0.528 * 0.888+0.404 * 0.6949+0.892 * 1.3966+0.115 * 3.6939
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.6317+4.679 * 0.019199-0.327 * 1.2283
=-2.07

* 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was Rp468,099 Mil.
Revenue was Rp1,732,945 Mil.
Gross Profit was Rp311,434 Mil.
Total Current Assets was Rp767,239 Mil.
Total Assets was Rp1,232,631 Mil.
Property, Plant and Equipment(Net PPE) was Rp418,121 Mil.
Depreciation, Depletion and Amortization(DDA) was Rp6,167 Mil.
Selling, General, & Admin. Expense(SGA) was Rp13,535 Mil.
Total Current Liabilities was Rp595,184 Mil.
Long-Term Debt & Capital Lease Obligation was Rp80,648 Mil.
Net Income was Rp155,548 Mil.
Gross Profit was Rp0 Mil.
Cash Flow from Operations was Rp131,883 Mil.
 Total Receivables was Rp399,414 Mil.
Revenue was Rp1,240,839 Mil.
Gross Profit was Rp198,018 Mil.
Total Current Assets was Rp683,344 Mil.
Total Assets was Rp815,608 Mil.
Property, Plant and Equipment(Net PPE) was Rp87,251 Mil.
Depreciation, Depletion and Amortization(DDA) was Rp4,951 Mil.
Selling, General, & Admin. Expense(SGA) was Rp15,343 Mil.
Total Current Liabilities was Rp363,016 Mil.
Long-Term Debt & Capital Lease Obligation was Rp1,054 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)
=(468099.094 / 1732944.872) / (399414.147 / 1240838.72)
=0.270118 / 0.32189
=0.8392

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)
=(198017.974 / 1240838.72) / (311433.905 / 1732944.872)
=0.159584 / 0.179714
=0.888

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 - (767238.989 + 418120.525) / 1232630.823) / (1 - (683343.712 + 87251.188) / 815608.114)
=0.03835 / 0.05519
=0.6949

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
=1732944.872 / 1240838.72
=1.3966

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))
=(4950.677 / (4950.677 + 87251.188)) / (6167.312 / (6167.312 + 418120.525))
=0.053694 / 0.014536
=3.6939

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)
=(13535.361 / 1732944.872) / (15343.226 / 1240838.72)
=0.007811 / 0.012365
=0.6317

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)
=((80648.494 + 595184.402) / 1232630.823) / ((1054.452 + 363015.902) / 815608.114)
=0.548285 / 0.446379
=1.2283

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
=(155548.24 - 0 - 131883.498) / 1232630.823
=0.019199

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.

PT Bach Multi Global Tbk has a M-score of -2.07 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 0.00 mean?
PT Bach Multi Global Tbk (ISX:BACH) has a Beneish M-Score of 0.00 as of Jul. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on PT Bach Multi Global Tbk and its competitors. According to the industry distribution chart, PT Bach Multi Global Tbk ranks #999999 out of 2914 companies in the Industrial Products industry.
Is PT Bach Multi Global Tbk's Beneish M-Score too high?
PT Bach Multi Global Tbk's current Beneish M-Score is 0.00. Based on the distribution chart, PT Bach Multi Global Tbk ranks #999999 out of 2914 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, PT Bach Multi Global Tbk has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does PT Bach Multi Global Tbk's Beneish M-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, PT Bach Multi Global Tbk ranks #999999 out of 2914 companies for Beneish M-Score. This places PT Bach Multi Global 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 an Industrial Products company?
A good Beneish M-Score depends on the Industrial Products 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 Bach Multi Global Tbk and its competitors. PT Bach Multi Global 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 Bach Multi Global Tbk stock overvalued right now?
PT Bach Multi Global Tbk (ISX:BACH) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. PT Bach Multi Global Tbk's overall GF Score™ is 9/100 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 Bach Multi Global Tbk (ISX:BACH), the current Beneish M-Score is 0.00 as of Jul. 27, 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.

PT Bach Multi Global Tbk Business Description

Address Jalan Cideng Barat No. 81, Gambir, Jakarta Pusat, Jakarta, IDN, 10150
PT Bach Multi Global Tbk is a company providing power system solutions and telecommunication infrastructure, focused on supporting the sustainability of network operations across Indonesia. It provides integrated solutions ranging from infrastructure development and maintenance, equipment installation, to end-to-end operational support.
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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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