KMRK (K-Tech Solutions Co) Beneish M-Score: -3.04 (As of Aug. 25, 2026)

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KMRK K-Tech Solutions Co Ltd KMRK
21 GF Score
Price $1.17
! 2 Warning Signs
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What is K-Tech Solutions Co Beneish M-Score?

K-Tech Solutions Co KMRK -0.85% 21 Beneish M-Score is -3.04 as of Aug. 25, 2026. GuruFocus rates KMRK with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 820 Travel & Leisure companies, K-Tech Solutions Co ranks better than 79.27% 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.

Good Sign:

Beneish M-Score -3.04 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for K-Tech Solutions Co's Beneish M-Score or its related term are showing as below:

KMRK' s Beneish M-Score Range Over the Past 10 Years
Min: -3.04   Med: -1.84   Max: -0.63
Current: -3.04

During the past 4 years, the highest Beneish M-Score of K-Tech Solutions Co was -0.63. The lowest was -3.04. And the median was -1.84.

K-Tech Solutions Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for K-Tech Solutions Co'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.

K-Tech Solutions Co Beneish M-Score Chart

K-Tech Solutions Co Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Beneish M-Score
0.00 0.00 -0.63 -3.04

K-Tech Solutions Co Semi-Annual Data
Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Beneish M-Score Get a 7-Day Free Trial 0.00 0.00 -0.63 0.00 -3.04

KMRK vs GLFE, DOGZ, MMA: Beneish M-Score Comparison

For the Leisure subindustry, K-Tech Solutions Co'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.

K-Tech Solutions Co Beneish M-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, K-Tech Solutions Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where K-Tech Solutions Co's Beneish M-Score falls into.


KMRK
21GF Score
K-Tech Solutions Co Ltd KMRK
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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K-Tech Solutions Co 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 K-Tech Solutions Co 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 * 0.807+0.528 * 0.9579+0.404 * 0.9542+0.892 * 0.8679+0.115 * 0.6424
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.1466+4.679 * -0.066212-0.327 * 0.5486
=-3.04

* 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was $1.05 Mil.
Revenue was $16.16 Mil.
Gross Profit was $2.22 Mil.
Total Current Assets was $10.22 Mil.
Total Assets was $10.56 Mil.
Property, Plant and Equipment(Net PPE) was $0.29 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.29 Mil.
Selling, General, & Admin. Expense(SGA) was $1.64 Mil.
Total Current Liabilities was $2.77 Mil.
Long-Term Debt & Capital Lease Obligation was $0.68 Mil.
Net Income was $0.17 Mil.
Gross Profit was $0.02 Mil.
Cash Flow from Operations was $0.85 Mil.
 Total Receivables was $1.50 Mil.
Revenue was $18.61 Mil.
Gross Profit was $2.45 Mil.
Total Current Assets was $6.31 Mil.
Total Assets was $6.93 Mil.
Property, Plant and Equipment(Net PPE) was $0.58 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.27 Mil.
Selling, General, & Admin. Expense(SGA) was $1.65 Mil.
Total Current Liabilities was $3.13 Mil.
Long-Term Debt & Capital Lease Obligation was $1.01 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)
=(1.052 / 16.155) / (1.502 / 18.613)
=0.065119 / 0.080696
=0.807

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)
=(2.448 / 18.613) / (2.218 / 16.155)
=0.131521 / 0.137295
=0.9579

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 - (10.222 + 0.287) / 10.557) / (1 - (6.314 + 0.579) / 6.926)
=0.004547 / 0.004765
=0.9542

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
=16.155 / 18.613
=0.8679

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))
=(0.274 / (0.274 + 0.579)) / (0.287 / (0.287 + 0.287))
=0.321219 / 0.5
=0.6424

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)
=(1.638 / 16.155) / (1.646 / 18.613)
=0.101393 / 0.088433
=1.1466

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)
=((0.684 + 2.772) / 10.557) / ((1.007 + 3.126) / 6.926)
=0.327366 / 0.596737
=0.5486

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
=(0.171 - 0.022 - 0.848) / 10.557
=-0.066212

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.

K-Tech Solutions Co has a M-score of -3.04 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 -3.04 mean?
K-Tech Solutions Co (KMRK) has a Beneish M-Score of -3.04 as of Aug. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on K-Tech Solutions Co and its competitors. According to the industry distribution chart, K-Tech Solutions Co ranks #170 out of 820 companies in the Travel & Leisure industry, placing it in the top 20.7%.
Is K-Tech Solutions Co's Beneish M-Score too high?
K-Tech Solutions Co's current Beneish M-Score is -3.04. Based on the distribution chart, K-Tech Solutions Co ranks #170 out of 820 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, K-Tech Solutions Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does K-Tech Solutions Co's Beneish M-Score compare to GLFE and DOGZ?
According to the Travel & Leisure industry distribution chart, K-Tech Solutions Co ranks #170 out of 820 companies for Beneish M-Score. This places K-Tech Solutions Co in the top 21% of its industry — outperforming the majority of peers. 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 Travel & Leisure company?
A good Beneish M-Score depends on the Travel & Leisure 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 K-Tech Solutions Co and its competitors. K-Tech Solutions Co's current Beneish M-Score is -3.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K-Tech Solutions Co stock overvalued right now?
K-Tech Solutions Co (KMRK) has a current Beneish M-Score of -3.04. The current Beneish M-Score is -3.04. K-Tech Solutions Co's overall GF Score™ is 21/100 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 K-Tech Solutions Co (KMRK), the current Beneish M-Score is -3.04 as of Aug. 25, 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.

K-Tech Solutions Co Business Description

Address 17-21 Kung Yip Street, Unit A, 7th floor, Mai On Industrial Building, Kwai Chung New Territories, Hong Kong, HKG
K-Tech Solutions Co Ltd is engaged in the design, development, testing and sale of a diverse portfolio of toy products ranging from simple plastic toy products to more complex electromechanical toy products. Its services span across the entire development stage of toy products from design, prototype testing, production management, quality control to after-sales services. The company is in the development of infant and pre-school educational toys and learning kits. Geographically, It derives key revenue from United States of America followed by United Kingdom, Europe and others.
21GF 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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