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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 -1.89 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Logan Group Co's Beneish M-Score or its related term are showing as below:
LPHHF'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.99 Med: -1.93 Max: 2.86
Current: -1.89
During the past 13 years, the highest Beneish M-Score of Logan Group Co was 2.86. The lowest was -3.99. And the median was -1.93.
Logan Group Co Beneish M-Score Related Terms
Logan Group Co Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Logan Group 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.
Logan Group Co Beneish M-Score Competitor Comparison
For the Real Estate - Development subindustry, Logan Group 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.
Logan Group Co Beneish M-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Logan Group Co's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Logan Group Co'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 Logan Group 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 * 3.2644
+
0.528 * 0.1964
+
0.404 * 0.9021
+
0.892 * 0.2802
+
0.115 * 1.3434
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 2.6068
+
4.679 * -0.033513
-
0.327 * 0.9964
=
-1.90
* 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))
=
(5.023 / (5.023 + 35.795))
/
(3.487 / (3.487 + 34.579))
=
0.123058
/
0.091604
=
1.3434
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
=
(-676.797 - 0
-
217.938)
/
26697.866
=
-0.033513
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.
Logan Group Co has a M-score of -1.90 suggests that the company is unlikely to be a manipulator.
Logan Group Co (LPHHF) has a Beneish M-Score of -1.89 as of Jul. 29, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Logan Group Co and its competitors. According to the industry distribution chart, Logan Group Co ranks #1200 out of 1680 companies in the Real Estate industry, placing it in the top 71.4%.
Is Logan Group Co's Beneish M-Score too high?
Logan Group Co's current Beneish M-Score is -1.89. Based on the distribution chart, Logan Group Co ranks #1200 out of 1680 companies in the Real Estate industry, which is below the industry midpoint. Overall, Logan Group Co has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Logan Group Co's Beneish M-Score compare to competitors?
According to the Real Estate industry distribution chart, Logan Group Co ranks #1200 out of 1680 companies for Beneish M-Score. This places Logan Group Co 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 Real Estate company?
A good Beneish M-Score depends on the Real Estate 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 Logan Group Co and its competitors. Logan Group Co's current Beneish M-Score is -1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Logan Group Co stock overvalued right now?
Logan Group Co (LPHHF) has a current Beneish M-Score of -1.89. The stock's GF Value™ is $0.01, compared to a current price of $0.11 — trading 1000% above its estimated fair value. The current Beneish M-Score is -1.89. Logan Group Co's overall GF Score™ is 35/100 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 Logan Group Co (LPHHF), the current Beneish M-Score is -1.89 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 Logan Group Co (LPHHF) Overvalued in 2026?
Based on GuruFocus' analysis, Logan Group Co stock appears to be overvalued.
The current stock price of $0.11 is trading 1000% above its estimated GF Value™ of $0.01.
Key valuation signals for LPHHF:
Beneish M-Score: -1.89
GF Value™: $0.01 vs. price of $0.11 (1000% above fair value)
No single metric tells the full story. See the LPHHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Logan Group Co Ltd is a general real estate investment company. The company operates multiple segments, including property development and property operation. The majority of revenue is generated by its property development segment. The property development segment comprised of (i) develops and sells residential and commercial properties, retail shops and office units; (ii) engages in construction of office premises and residential buildings; (iii) provides decoration services for external customers; and (iv) provides interior decoration services to property buyers; and the property operation segment which is the leases office units, commercial centers, retail shops and hotels to generate rental income and to gain from the appreciation in the properties' values in the long term.
35GF 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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