PT Trimitra Trans Persada Tbk (ISX:BLOG) Beneish M-Score: 0.00 (As of Aug. 10, 2026)

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ISX:BLOG PT Trimitra Trans Persada Tbk ISX:BLOG
12 GF Score
Price Rp378.00
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What is PT Trimitra Trans Persada Tbk Beneish M-Score?

PT Trimitra Trans Persada Tbk ISX:BLOG +1.07% 12 Beneish M-Score is 0.00 as of Aug. 10, 2026. GuruFocus rates ISX:BLOG with a GF Score™ of 12/100. Among 968 Transportation companies, PT Trimitra Trans Persada Tbk ranks worse than 103305.68% 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 Trimitra Trans Persada Tbk's Beneish M-Score or its related term are showing as below:

During the past 4 years, the highest Beneish M-Score of PT Trimitra Trans Persada Tbk was 0.00. The lowest was 0.00. And the median was 0.00.

PT Trimitra Trans Persada Tbk Beneish M-Score Historical Data

* Premium members only.

The historical data trend for PT Trimitra Trans Persada 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 Trimitra Trans Persada Tbk Beneish M-Score Chart

PT Trimitra Trans Persada Tbk Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Beneish M-Score
0.00 0.00 0.00 0.00

PT Trimitra Trans Persada Tbk Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

ISX:BLOG vs UPS, FDX, JBHT: Beneish M-Score Comparison

For the Integrated Freight & Logistics subindustry, PT Trimitra Trans Persada 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 Trimitra Trans Persada Tbk Beneish M-Score vs Transportation Industry

For the Transportation industry and Industrials sector, PT Trimitra Trans Persada Tbk's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where PT Trimitra Trans Persada Tbk's Beneish M-Score falls into.


ISX:BLOG
12GF Score
PT Trimitra Trans Persada Tbk ISX:BLOG
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Trimitra Trans Persada 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 Trimitra Trans Persada 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 (Jun26) TTM:Last Year (Jun25) TTM:
Total Receivables was Rp155,235 Mil.
Revenue was 375357.586 + 357517.651 + 373242.095 + 328043.013 = Rp1,434,160 Mil.
Gross Profit was 74126.601 + 65005.49 + 76734.799 + 64745.874 = Rp280,613 Mil.
Total Current Assets was Rp311,464 Mil.
Total Assets was Rp1,138,496 Mil.
Property, Plant and Equipment(Net PPE) was Rp799,839 Mil.
Depreciation, Depletion and Amortization(DDA) was Rp4,730 Mil.
Selling, General, & Admin. Expense(SGA) was Rp5,605 Mil.
Total Current Liabilities was Rp217,888 Mil.
Long-Term Debt & Capital Lease Obligation was Rp283,333 Mil.
Net Income was 40993.086 + 36553.973 + 35470.091 + 37910.146 = Rp150,927 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = Rp0 Mil.
Cash Flow from Operations was 40068.609 + 53093.164 + 27628.467 + 78540.178 = Rp199,330 Mil.
 Total Receivables was Rp0 Mil.
Revenue was 319585.668 + 306891.658 + 294106.708 + 0 = Rp920,584 Mil.
Gross Profit was 69010.834 + 57856.159 + 52624.68 + 0 = Rp179,492 Mil.
Total Current Assets was Rp0 Mil.
Total Assets was Rp0 Mil.
Property, Plant and Equipment(Net PPE) was Rp0 Mil.
Depreciation, Depletion and Amortization(DDA) was Rp5,300 Mil.
Selling, General, & Admin. Expense(SGA) was Rp7,597 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)
=(155235.101 / 1434160.345) / (0 / 920584.034)
=0.108241 / 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)
=(179491.673 / 920584.034) / (280612.764 / 1434160.345)
=0.194976 / 0.195663
=

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 - (311463.536 + 799839.382) / 1138496.481) / (1 - (0 + 0) / 0)
=0.023886 /
=

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
=1434160.345 / 920584.034
=

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))
=(5299.657 / (5299.657 + 0)) / (4729.696 / (4729.696 + 799839.382))
=1 / 0.005879
=

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)
=(5604.644 / 1434160.345) / (7597.21 / 920584.034)
=0.003908 / 0.008253
=

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)
=((283333.31 + 217887.763) / 1138496.481) / ((0 + 0) / 0)
=0.440248 /
=

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
=(150927.296 - 0 - 199330.418) / 1138496.481
=-0.042515

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 Trimitra Trans Persada Tbk (ISX:BLOG) has a Beneish M-Score of 0.00 as of Aug. 10, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on PT Trimitra Trans Persada Tbk and its competitors. According to the industry distribution chart, PT Trimitra Trans Persada Tbk ranks #999999 out of 968 companies in the Transportation industry.
Is PT Trimitra Trans Persada Tbk's Beneish M-Score too high?
PT Trimitra Trans Persada Tbk's current Beneish M-Score is 0.00. Based on the distribution chart, PT Trimitra Trans Persada Tbk ranks #999999 out of 968 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, PT Trimitra Trans Persada Tbk has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does PT Trimitra Trans Persada Tbk's Beneish M-Score compare to UPS and FDX?
According to the Transportation industry distribution chart, PT Trimitra Trans Persada Tbk ranks #999999 out of 968 companies for Beneish M-Score. This places PT Trimitra Trans Persada 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 Transportation company?
A good Beneish M-Score depends on the Transportation 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 Trimitra Trans Persada Tbk and its competitors. PT Trimitra Trans Persada 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 Trimitra Trans Persada Tbk stock overvalued right now?
PT Trimitra Trans Persada Tbk (ISX:BLOG) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. PT Trimitra Trans Persada Tbk's overall GF Score™ is 12/100. 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 Trimitra Trans Persada Tbk (ISX:BLOG), the current Beneish M-Score is 0.00 as of Aug. 10, 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 Trimitra Trans Persada Tbk Business Description

Address Jalan Jalur Sutera Barat, Kav 7-9, Alfa Tower, lantai 28, Alam Sutera, Tangerang, IDN, 15143
PT Trimitra Trans Persada Tbk is an integrated logistics company engaged in providing land transportation, warehousing management services, and cold chain solutions for the business-to-business (B2B) segment. The service of the company include Transport Services, Total Warehouse Management, Cold Storage, Pick and Pack services and its solutions include temperature-zoned storage (ambient, chilled, frozen), inventory control through Warehouse Management System (WMS), and a high-volume pick & pack process that supports thousands of stores and SKUs daily.
12GF 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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