Pembury Lifestyle Group (JSE:PEM) Beneish M-Score: 0.00 (As of Jul. 21, 2026)

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What is Pembury Lifestyle Group Beneish M-Score?

Pembury Lifestyle Group JSE:PEM Beneish M-Score is 0.00 as of Jul. 21, 2026.

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 Pembury Lifestyle Group's Beneish M-Score or its related term are showing as below:

During the past 5 years, the highest Beneish M-Score of Pembury Lifestyle Group was 0.00. The lowest was 0.00. And the median was 0.00.

Pembury Lifestyle Group Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Pembury Lifestyle Group'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.

Pembury Lifestyle Group Beneish M-Score Chart

Pembury Lifestyle Group Annual Data
Trend Feb14 Feb15 Feb16 Dec17 Dec18
Beneish M-Score
0.00 0.00 0.00 0.00 0.00

Pembury Lifestyle Group Semi-Annual Data
Feb14 Feb15 Feb16 Aug16 Jun17 Dec17 Jun18 Dec18 Jun19
Beneish M-Score Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

JSE:PEM vs TAL, EDU, CHGG: Beneish M-Score Comparison

For the Education & Training Services subindustry, Pembury Lifestyle Group'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.

Pembury Lifestyle Group Beneish M-Score vs Education Industry

For the Education industry and Consumer Defensive sector, Pembury Lifestyle Group's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Pembury Lifestyle Group's Beneish M-Score falls into.


Pembury Lifestyle Group 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 Pembury Lifestyle Group 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 * 1.3406+0.528 * 1+0.404 * 1.0448+0.892 * 1.5735+0.115 * 0.8228
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.239022-0.327 * 1.5757
=-2.96

* 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 (Dec18) TTM:Last Year (Dec17) TTM:
Total Receivables was R3.16 Mil.
Revenue was R82.42 Mil.
Gross Profit was R82.42 Mil.
Total Current Assets was R5.69 Mil.
Total Assets was R243.48 Mil.
Property, Plant and Equipment(Net PPE) was R197.45 Mil.
Depreciation, Depletion and Amortization(DDA) was R3.62 Mil.
Selling, General, & Admin. Expense(SGA) was R0.00 Mil.
Total Current Liabilities was R62.87 Mil.
Long-Term Debt & Capital Lease Obligation was R25.21 Mil.
Net Income was R-40.72 Mil.
Gross Profit was R0.00 Mil.
Cash Flow from Operations was R17.48 Mil.
 Total Receivables was R1.50 Mil.
Revenue was R52.38 Mil.
Gross Profit was R52.38 Mil.
Total Current Assets was R77.97 Mil.
Total Assets was R262.49 Mil.
Property, Plant and Equipment(Net PPE) was R142.89 Mil.
Depreciation, Depletion and Amortization(DDA) was R2.15 Mil.
Selling, General, & Admin. Expense(SGA) was R0.00 Mil.
Total Current Liabilities was R38.03 Mil.
Long-Term Debt & Capital Lease Obligation was R22.24 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)
=(3.16 / 82.42) / (1.498 / 52.379)
=0.03834 / 0.028599
=1.3406

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)
=(52.379 / 52.379) / (82.42 / 82.42)
=1 / 1
=1

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 - (5.693 + 197.449) / 243.484) / (1 - (77.97 + 142.891) / 262.485)
=0.165686 / 0.158577
=1.0448

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
=82.42 / 52.379
=1.5735

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))
=(2.148 / (2.148 + 142.891)) / (3.619 / (3.619 + 197.449))
=0.01481 / 0.017999
=0.8228

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 / 82.42) / (0 / 52.379)
=0 / 0
=1

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)
=((25.213 + 62.873) / 243.484) / ((22.237 + 38.03) / 262.485)
=0.361773 / 0.229602
=1.5757

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
=(-40.716 - 0 - 17.482) / 243.484
=-0.239022

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.

Pembury Lifestyle Group has a M-score of -2.96 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?
Pembury Lifestyle Group (JSE:PEM) has a Beneish M-Score of 0.00 as of Jul. 21, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Pembury Lifestyle Group and its competitors.
Is Pembury Lifestyle Group's Beneish M-Score too high?
Pembury Lifestyle Group's current Beneish M-Score is 0.00.
How does Pembury Lifestyle Group's Beneish M-Score compare to TAL and EDU?
Pembury Lifestyle Group's Beneish M-Score of 0.00 can be compared against companies in the Education 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 Education company?
A good Beneish M-Score depends on the Education 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 Pembury Lifestyle Group and its competitors. Pembury Lifestyle Group'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 Pembury Lifestyle Group stock overvalued right now?
Pembury Lifestyle Group (JSE:PEM) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. 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 Pembury Lifestyle Group (JSE:PEM), the current Beneish M-Score is 0.00 as of Jul. 21, 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.

Pembury Lifestyle Group Business Description

Address 111 9th Avenue, P.O. Box 73723, Fairlands, Randburg, Gauteng, Johannesburg, ZAF, 2030
Pembury Lifestyle Group Ltd is a South Africa based group that provides private education through its independent schools, with an intention to own the properties from which the schools operate and operating of retirement lodges. Its reportable segments are: PLG Properties - investment properties; Pembury Schools - developing and managing independent schools; and PLG Retirement Villages - developing and managing retirement villages. The main revenue is generated through the Pembury Schools segment that includes fees from the provision of accessible, affordable, private education and related services.