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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 -2.77 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for PT Buyung Poetra Sembada Tbk's Beneish M-Score or its related term are showing as below:
ISX:HOKI'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.65 Med: -2.37 Max: 0.99
Current: -2.77
During the past 10 years, the highest Beneish M-Score of PT Buyung Poetra Sembada Tbk was 0.99. The lowest was -3.65. And the median was -2.37.
PT Buyung Poetra Sembada Tbk Beneish M-Score Related Terms
PT Buyung Poetra Sembada Tbk Beneish M-Score Historical Data
* 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.
For the Packaged Foods subindustry, PT Buyung Poetra Sembada 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 Buyung Poetra Sembada Tbk Beneish M-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Buyung Poetra Sembada Tbk's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where PT Buyung Poetra Sembada Tbk's Beneish M-Score falls into.
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 Buyung Poetra Sembada 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 * 0.7871
+
0.528 * 0.9849
+
0.404 * 1.0771
+
0.892 * 1.1871
+
0.115 * 0.8871
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9557
+
4.679 * -0.055123
-
0.327 * 1.0552
=
-2.77
* 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.
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.
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))
=
(3269.626 / (3269.626 + 294737.253))
/
(3349.432 / (3349.432 + 267461.951))
=
0.010972
/
0.012368
=
0.8871
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
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
=
(-39209.943 - 0
-
12426.803)
/
936760.247
=
-0.055123
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 Buyung Poetra Sembada Tbk has a M-score of -2.77 suggests that the company is unlikely to be a manipulator.
PT Buyung Poetra Sembada Tbk (ISX:HOKI) has a Beneish M-Score of -2.77 as of Jul. 29, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on PT Buyung Poetra Sembada Tbk and its competitors. According to the industry distribution chart, PT Buyung Poetra Sembada Tbk ranks #544 out of 1854 companies in the Consumer Packaged Goods industry, placing it in the top 29.3%.
Is PT Buyung Poetra Sembada Tbk's Beneish M-Score too high?
PT Buyung Poetra Sembada Tbk's current Beneish M-Score is -2.77. Based on the distribution chart, PT Buyung Poetra Sembada Tbk ranks #544 out of 1854 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, PT Buyung Poetra Sembada Tbk has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Buyung Poetra Sembada Tbk's Beneish M-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Buyung Poetra Sembada Tbk ranks #544 out of 1854 companies for Beneish M-Score. This puts PT Buyung Poetra Sembada Tbk 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 Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods 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 Buyung Poetra Sembada Tbk and its competitors. PT Buyung Poetra Sembada Tbk's current Beneish M-Score is -2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Buyung Poetra Sembada Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Buyung Poetra Sembada Tbk (ISX:HOKI) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp112.93, compared to a current price of Rp57.00 — trading 49.5% below its estimated fair value. The current Beneish M-Score is -2.77. PT Buyung Poetra Sembada Tbk's overall GF Score™ is 57/100 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 PT Buyung Poetra Sembada Tbk (ISX:HOKI), the current Beneish M-Score is -2.77 as of Jul. 29, 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 Buyung Poetra Sembada Tbk (ISX:HOKI) Overvalued in 2026?
Based on GuruFocus' analysis, PT Buyung Poetra Sembada Tbk stock appears to be undervalued.
The current stock price of Rp57.00 is trading 49.5% below its estimated GF Value™ of Rp112.93.
GuruFocus considers PT Buyung Poetra Sembada Tbk to be Significantly Undervalued.
Key valuation signals for ISX:HOKI:
Beneish M-Score: -2.77
GF Value™: Rp112.93 vs. price of Rp57.00 (49.5% below fair value)
No single metric tells the full story. See the ISX:HOKI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Buyung Poetra Sembada Tbk is a company engages in the production and distribution of rice and rice products. Its products include Beras HOK-1, Beras Super Belida, BPS Setra Ramos, Rumah Limas Setra Ramos, Topi Koki Beras Harum, Topi Koki Long Grain, Topi Koki Setra Ramos, Topi Koki Super Slyp It distributes the products through both traditional and modern markets, including supermarkets and hypermarkets in Indonesia. Its operating segments include Sale of grains, Rent of power plant, and and other industries.
57GF Score
Get the complete analysis for ISX:HOKI
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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