Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 -2.62 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for PT Sekar Laut Tbk's Beneish M-Score or its related term are showing as below:
ISX:SKLT'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.66 Med: -2.29 Max: -1.46
Current: -2.62
During the past 11 years, the highest Beneish M-Score of PT Sekar Laut Tbk was -1.46. The lowest was -3.66. And the median was -2.29.
PT Sekar Laut Tbk Beneish M-Score Related Terms
PT Sekar Laut Tbk Beneish M-Score Historical Data
* Premium members only.
The historical data trend for PT Sekar Laut 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.
For the Packaged Foods subindustry, PT Sekar Laut 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 Sekar Laut Tbk Beneish M-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Sekar Laut Tbk's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where PT Sekar Laut 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 Sekar Laut 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 * 1.032
+
0.528 * 0.9792
+
0.404 * 0.8756
+
0.892 * 1.1203
+
0.115 * 1.4003
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.1504
+
4.679 * -0.035135
-
0.327 * 1.2303
=
-2.62
* 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))
=
(18344.577 / (18344.577 + 327703.861))
/
(21494.425 / (21494.425 + 546264))
=
0.053012
/
0.037858
=
1.4003
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
=
(103046.223 - 0
-
166823.858)
/
1815219
=
-0.035135
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 Sekar Laut Tbk has a M-score of -2.62 suggests that the company is unlikely to be a manipulator.
PT Sekar Laut Tbk (ISX:SKLT) has a Beneish M-Score of -2.62 as of Jul. 20, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on PT Sekar Laut Tbk and its competitors. According to the industry distribution chart, PT Sekar Laut Tbk ranks #771 out of 1851 companies in the Consumer Packaged Goods industry, placing it in the top 41.7%.
Is PT Sekar Laut Tbk's Beneish M-Score too high?
PT Sekar Laut Tbk's current Beneish M-Score is -2.62. Based on the distribution chart, PT Sekar Laut Tbk ranks #771 out of 1851 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, PT Sekar Laut Tbk has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Sekar Laut Tbk's Beneish M-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Sekar Laut Tbk ranks #771 out of 1851 companies for Beneish M-Score. This puts PT Sekar Laut 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 Sekar Laut Tbk and its competitors. PT Sekar Laut Tbk's current Beneish M-Score is -2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Sekar Laut Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Sekar Laut Tbk (ISX:SKLT) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp230.36, compared to a current price of Rp186.00 — trading 19.3% below its estimated fair value. The current Beneish M-Score is -2.62. PT Sekar Laut Tbk's overall GF Score™ is 90/100 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 Sekar Laut Tbk (ISX:SKLT), the current Beneish M-Score is -2.62 as of Jul. 20, 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 Sekar Laut Tbk (ISX:SKLT) Overvalued in 2026?
Based on GuruFocus' analysis, PT Sekar Laut Tbk stock appears to be undervalued.
The current stock price of Rp186.00 is trading 19.3% below its estimated GF Value™ of Rp230.36.
GuruFocus considers PT Sekar Laut Tbk to be Modestly Undervalued.
Key valuation signals for ISX:SKLT:
Beneish M-Score: -2.62
GF Value™: Rp230.36 vs. price of Rp186.00 (19.3% below fair value)
No single metric tells the full story. See the ISX:SKLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Sekar Laut Tbk produces and develops crackers, tomato and chili sauces, and ready-to-use seasonings in Indonesia and internationally. Its products include Crackers, Condiments, Cooking Spices, Melinjo, snacks, and Sauce products under the Finna brand name. In addition, it is involved in the trading of consumer goods, shrimp feed, and others; and restaurant business.
90GF Score
Get the complete analysis for ISX:SKLT
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ISX:SKLT has been successfully added to your 
