PT LCK Global Kedaton Tbk (ISX:LCKM) Beneish M-Score: 0.00 (As of Sep. 19, 2026)

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ISX:LCKM PT LCK Global Kedaton Tbk ISX:LCKM
7 GF Score
Price Rp109.00
! 1 Warning Sign
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What is PT LCK Global Kedaton Tbk Beneish M-Score?

PT LCK Global Kedaton Tbk ISX:LCKM 7 Beneish M-Score is 0.00 as of Sep. 19, 2026. GuruFocus rates ISX:LCKM with a GF Score™ of 7/100. The stock has 1 warning sign investors should review. Among 360 Telecommunication Services companies, PT LCK Global Kedaton Tbk ranks worse than 277777.5% 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 LCK Global Kedaton Tbk's Beneish M-Score or its related term are showing as below:

During the past 10 years, the highest Beneish M-Score of PT LCK Global Kedaton Tbk was 0.00. The lowest was 0.00. And the median was 0.00.

PT LCK Global Kedaton Tbk Beneish M-Score Historical Data

* Premium members only.

The historical data trend for PT LCK Global Kedaton 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 LCK Global Kedaton Tbk Beneish M-Score Chart

PT LCK Global Kedaton Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

PT LCK Global Kedaton Tbk Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 0.00 0.00 0.00 0.00

ISX:LCKM vs VZ, TMUS, T: Beneish M-Score Comparison

For the Telecom Services subindustry, PT LCK Global Kedaton 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 LCK Global Kedaton Tbk Beneish M-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT LCK Global Kedaton Tbk's Beneish M-Score distribution charts can be found below:

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


ISX:LCKM
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PT LCK Global Kedaton Tbk ISX:LCKM
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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PT LCK Global Kedaton 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 LCK Global Kedaton 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was Rp0 Mil.
Revenue was Rp0 Mil.
Gross Profit was Rp0 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 Rp0 Mil.
Selling, General, & Admin. Expense(SGA) was Rp0 Mil.
Total Current Liabilities was Rp0 Mil.
Long-Term Debt & Capital Lease Obligation was Rp0 Mil.
Net Income was Rp0 Mil.
Gross Profit was Rp0 Mil.
Cash Flow from Operations was Rp0 Mil.
 Total Receivables was Rp0 Mil.
Revenue was Rp0 Mil.
Gross Profit was Rp0 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 Rp0 Mil.
Selling, General, & Admin. Expense(SGA) was Rp0 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 / 0) / (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)
=(0 / 0) / (0 / 0)
= /
=

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 + 0) / 0) / (1 - (0 + 0) / 0)
= /
=

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
=0 / 0
=

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))
=(0 / (0 + 0)) / (0 / (0 + 0))
= /
=

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 / 0) / (0 / 0)
= /
=

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) / 0) / ((0 + 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
=(0 - 0 - 0) / 0
=

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 LCK Global Kedaton Tbk (ISX:LCKM) has a Beneish M-Score of 0.00 as of Sep. 19, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on PT LCK Global Kedaton Tbk and its competitors. According to the industry distribution chart, PT LCK Global Kedaton Tbk ranks #999999 out of 360 companies in the Telecommunication Services industry.
Is PT LCK Global Kedaton Tbk's Beneish M-Score too high?
PT LCK Global Kedaton Tbk's current Beneish M-Score is 0.00. Based on the distribution chart, PT LCK Global Kedaton Tbk ranks #999999 out of 360 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, PT LCK Global Kedaton Tbk has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does PT LCK Global Kedaton Tbk's Beneish M-Score compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, PT LCK Global Kedaton Tbk ranks #999999 out of 360 companies for Beneish M-Score. This places PT LCK Global Kedaton 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 Telecommunication Services company?
A good Beneish M-Score depends on the Telecommunication 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 PT LCK Global Kedaton Tbk and its competitors. PT LCK Global Kedaton 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 LCK Global Kedaton Tbk stock overvalued right now?
PT LCK Global Kedaton Tbk (ISX:LCKM) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. PT LCK Global Kedaton Tbk's overall GF Score™ is 7/100 with 1 warning sign 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 LCK Global Kedaton Tbk (ISX:LCKM), the current Beneish M-Score is 0.00 as of Sep. 19, 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 LCK Global Kedaton Tbk Business Description

Address Jalan Letjen Suprapto RT 009 RW 007, Kelurahan Sumur Batu, kecamatan Kemayoran, Central Jakarta, Jakarta, IDN
PT LCK Global Kedaton Tbk is a telecommunication provider company and is engaged in trading, construction testing, and support services for base transceivers. Some of the company's services include Cable Network, Supply of telephone poles, Supply or installation of Towers, and other related services.
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