MISC BhdMIHDF 79 Beneish M-Score is -2.95 as of Jun. 24, 2026. GuruFocus rates MIHDF with a GF Score™ of 79/100 and a GF Value™ of $1.16. The stock has 8 warning signs investors should review. Among 966 Transportation companies, MISC Bhd ranks better than 81.78% 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 -2.95 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for MISC Bhd's Beneish M-Score or its related term are showing as below:
MIHDF'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.34 Med: -2.69 Max: -1.72
Current: -2.95
During the past 13 years, the highest Beneish M-Score of MISC Bhd was -1.72. The lowest was -3.34. And the median was -2.69.
MISC Bhd Beneish M-Score Related Terms
MISC Bhd Beneish M-Score Historical Data
* Premium members only.
The historical data trend for MISC Bhd'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 Marine Shipping subindustry, MISC Bhd'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.
MISC Bhd Beneish M-Score vs Transportation Industry
For the Transportation industry and Industrials sector, MISC Bhd's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where MISC Bhd'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 MISC Bhd 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 * 1.1968
+
0.528 * 0.8482
+
0.404 * 0.9535
+
0.892 * 0.9806
+
0.115 * 0.9639
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.3019
+
4.679 * -0.077279
-
0.327 * 0.9733
=
-2.82
* 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))
=
(469.602 / (469.602 + 5192.826))
/
(482.321 / (482.321 + 5123.481))
=
0.082933
/
0.08604
=
0.9639
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
=
(423.118 - 0
-
1487.396)
/
13771.876
=
-0.077279
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.
MISC Bhd has a M-score of -2.82 suggests that the company is unlikely to be a manipulator.
MISC Bhd (MIHDF) has a Beneish M-Score of -2.95 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on MISC Bhd and its competitors. According to the industry distribution chart, MISC Bhd ranks #176 out of 966 companies in the Transportation industry, placing it in the top 18.2%.
Is MISC Bhd's Beneish M-Score too high?
MISC Bhd's current Beneish M-Score is -2.95. Based on the distribution chart, MISC Bhd ranks #176 out of 966 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, MISC Bhd has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does MISC Bhd's Beneish M-Score compare to competitors?
According to the Transportation industry distribution chart, MISC Bhd ranks #176 out of 966 companies for Beneish M-Score. This places MISC Bhd in the top 18% 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 Transportation company?
A good Beneish M-Score depends on the Transportation 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 MISC Bhd and its competitors. MISC Bhd's current Beneish M-Score is -2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MISC Bhd stock overvalued right now?
MISC Bhd (MIHDF) has a current Beneish M-Score of -2.95. The stock's GF Value™ is $1.16, compared to a current price of $1.45 — trading 25% above its estimated fair value. The current Beneish M-Score is -2.95. MISC Bhd's overall GF Score™ is 79/100 with 8 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 MISC Bhd (MIHDF), the current Beneish M-Score is -2.95 as of Jun. 24, 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 MISC Bhd (MIHDF) Overvalued in 2026?
Based on GuruFocus' analysis, MISC Bhd stock appears to be overvalued.
The current stock price of $1.45 is trading 25% above its estimated GF Value™ of $1.16.
Key valuation signals for MIHDF:
Beneish M-Score: -2.95
GF Value™: $1.16 vs. price of $1.45 (25% above fair value)
No single metric tells the full story. See the MIHDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MISC Bhd is a maritime logistics company domiciled in Malaysia. The company organizes itself into five segments; Gas Assets & Solutions segment includes the provision of liquefied natural gas (LNG) carrier services and non-conventional gas asset solutions, Petroleum & Product Shipping segment includes the provision of petroleum tanker and chemical tanker services, Offshore Business segment owns, lease, operation, and maintenance of offshore, floating, production, and offloading terminals, Marine & Heavy Engineering segment include marine repair, marine conversion, and engineering and construction works, and Others segment includes integrated marine services, port & terminal services, maritime education & training, and other diversified businesses.
79GF Score
Get the complete analysis for MIHDF
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
MIHDF has been successfully added to your 
