Al Sharqiya Investment Holding Co (MUS:SIHC) Beneish M-Score: 0.00 (As of Jun. 25, 2026)


MUS:SIHC Al Sharqiya Investment Holding Co MUS:SIHC
28 GF Score
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! 1 Warning Sign
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What is Al Sharqiya Investment Holding Co Beneish M-Score?

Al Sharqiya Investment Holding Co MUS:SIHC 28 Beneish M-Score is 0.00 as of Jun. 25, 2026. GuruFocus rates MUS:SIHC with a GF Score™ of 28/100. The stock has 1 warning sign investors should review. Among 1,682 Real Estate companies, Al Sharqiya Investment Holding Co ranks worse than 59452.97% 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.

The historical rank and industry rank for Al Sharqiya Investment Holding Co's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Al Sharqiya Investment Holding Co was 12.88. The lowest was -9.24. And the median was -2.62.

Al Sharqiya Investment Holding Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Al Sharqiya Investment Holding 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.

Al Sharqiya Investment Holding Co Beneish M-Score Chart

Al Sharqiya Investment Holding Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Al Sharqiya Investment Holding Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

MUS:SIHC vs CBRE, BEKE, CSGP: Beneish M-Score Comparison

For the Real Estate Services subindustry, Al Sharqiya Investment Holding 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.

Al Sharqiya Investment Holding Co Beneish M-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Al Sharqiya Investment Holding Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Al Sharqiya Investment Holding Co's Beneish M-Score falls into.


MUS:SIHC
28GF Score
Al Sharqiya Investment Holding Co MUS:SIHC
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Al Sharqiya Investment Holding 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 Al Sharqiya Investment Holding 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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 ر.ع0.43 Mil.
Revenue was 0 + 2.892 + 0.123 + 0 = ر.ع3.02 Mil.
Gross Profit was 0 + 2.892 + 0.123 + 0 = ر.ع3.02 Mil.
Total Current Assets was ر.ع1.80 Mil.
Total Assets was ر.ع24.50 Mil.
Property, Plant and Equipment(Net PPE) was ر.ع0.26 Mil.
Depreciation, Depletion and Amortization(DDA) was ر.ع0.02 Mil.
Selling, General, & Admin. Expense(SGA) was ر.ع0.12 Mil.
Total Current Liabilities was ر.ع0.80 Mil.
Long-Term Debt & Capital Lease Obligation was ر.ع3.86 Mil.
Net Income was 0.182 + 2.787 + 0.113 + 0.079 = ر.ع3.16 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = ر.ع0.00 Mil.
Cash Flow from Operations was -0.535 + 0.203 + 0.318 + 0.601 = ر.ع0.59 Mil.
 Total Receivables was ر.ع0.55 Mil.
Revenue was 0 + 0 + 0 + 0 = ر.ع0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = ر.ع0.00 Mil.
Total Current Assets was ر.ع2.80 Mil.
Total Assets was ر.ع18.29 Mil.
Property, Plant and Equipment(Net PPE) was ر.ع0.27 Mil.
Depreciation, Depletion and Amortization(DDA) was ر.ع0.02 Mil.
Selling, General, & Admin. Expense(SGA) was ر.ع0.07 Mil.
Total Current Liabilities was ر.ع0.18 Mil.
Long-Term Debt & Capital Lease Obligation was ر.ع3.35 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)
=(0.425 / 3.015) / (0.552 / 0)
=0.140962 /
=

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)
=(0 / 0) / (3.015 / 3.015)
= / 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 - (1.798 + 0.255) / 24.498) / (1 - (2.8 + 0.267) / 18.291)
=0.916197 / 0.832322
=

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
=3.015 / 0
=

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))
=(0.016 / (0.016 + 0.267)) / (0.018 / (0.018 + 0.255))
=0.056537 / 0.065934
=

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)
=(0.116 / 3.015) / (0.066 / 0)
=0.038474 /
=

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)
=((3.862 + 0.798) / 24.498) / ((3.349 + 0.183) / 18.291)
=0.19022 / 0.1931
=

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
=(3.161 - 0 - 0.587) / 24.498
=0.10507

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.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
Al Sharqiya Investment Holding Co (MUS:SIHC) has a Beneish M-Score of 0.00 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Al Sharqiya Investment Holding Co and its competitors. According to the industry distribution chart, Al Sharqiya Investment Holding Co ranks #999999 out of 1682 companies in the Real Estate industry.
Is Al Sharqiya Investment Holding Co's Beneish M-Score too high?
Al Sharqiya Investment Holding Co's current Beneish M-Score is 0.00. Based on the distribution chart, Al Sharqiya Investment Holding Co ranks #999999 out of 1682 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Al Sharqiya Investment Holding Co has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Al Sharqiya Investment Holding Co's Beneish M-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Al Sharqiya Investment Holding Co ranks #999999 out of 1682 companies for Beneish M-Score. This places Al Sharqiya Investment Holding 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 Al Sharqiya Investment Holding Co and its competitors. Al Sharqiya Investment Holding Co'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 Al Sharqiya Investment Holding Co stock overvalued right now?
Al Sharqiya Investment Holding Co (MUS:SIHC) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Al Sharqiya Investment Holding Co's overall GF Score™ is 28/100 with 1 warning sign 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 Al Sharqiya Investment Holding Co (MUS:SIHC), the current Beneish M-Score is 0.00 as of Jun. 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.

Al Sharqiya Investment Holding Co Business Description

Address Al Harthy Complex, Al Wattayya, P.O. Box 47, Muscat, OMN, 118
Al Sharqiya Investment Holding Co is an investment company. It is engaged in the real estate investment and development and the leasing and maintenance of real estate properties. The business of the group functions through Investments Segment, which derives the key revenue, and Leasing Segment. Geographically all the activities function through the regions of the Sultanate of Oman. The principal objectives of the company are to identify and promote suitable projects and for investment in financial markets, both local and overseas.
28GF Score

Get the complete analysis for MUS:SIHC

Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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