OROVY (Orient Overseas (International)) Beneish M-Score: -2.39 (As of Jun. 25, 2026)

What is Orient Overseas (International) Beneish M-Score?

Orient Overseas (International) OROVY 70 Beneish M-Score is -2.39 as of Jun. 25, 2026. GuruFocus rates OROVY with a GF Score™ of 70/100 and a GF Value™ of $72.74 (Fairly Valued). The stock has 6 warning signs investors should review. Among 966 Transportation companies, Orient Overseas (International) ranks worse than 65.73% 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 -2.39 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Orient Overseas (International)'s Beneish M-Score or its related term are showing as below:

OROVY' s Beneish M-Score Range Over the Past 10 Years
Min: -3.06 Med: -2.65 Max: -0.22
Current: -2.39

During the past 13 years, the highest Beneish M-Score of Orient Overseas (International) was -0.22. The lowest was -3.06. And the median was -2.65.

Orient Overseas (International) Beneish M-Score Related Terms

Orient Overseas (International) Beneish M-Score Historical Data

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The historical data trend for Orient Overseas (International)'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.

Orient Overseas (International) Beneish M-Score Chart

Orient Overseas (International) Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Beneish M-Score

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-2.71

-2.91

-0.22

-2.88

-2.39

Orient Overseas (International) Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Beneish M-Score	Get a 7-Day Free Trial															-0.22	0.00	-2.88	0.00	-2.39

Orient Overseas (International) Beneish M-Score Competitor Comparison

For the Marine Shipping subindustry, Orient Overseas (International)'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.

Orient Overseas (International) Beneish M-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Orient Overseas (International)'s Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Orient Overseas (International)'s Beneish M-Score falls into.

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70GF Score

Orient Overseas (International) Ltd OROVY

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

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Orient Overseas (International) 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 Orient Overseas (International) for today is based on a combination of the following eight different indices:

-4.84

0.92 * DSRI

0.528 * GMI

0.404 * AQI

0.892 * SGI

0.115 * DEPI

-4.84

0.92 * 0.9721

0.528 * 1.568

0.404 * 0.9457

0.892 * 0.9085

0.115 * 1.0714

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 0.9137

4.679 * -0.027013

0.327 * 0.9353

-2.39

This Year (Dec25) TTM:

Last Year (Dec24) TTM:

Total Receivables was $567 Mil.
Revenue was $9,722 Mil.
Gross Profit was $1,635 Mil.
Total Current Assets was $7,181 Mil.
Total Assets was $17,669 Mil.
Property, Plant and Equipment(Net PPE) was $10,054 Mil.
Depreciation, Depletion and Amortization(DDA) was $994 Mil.
Selling, General, & Admin. Expense(SGA) was $475 Mil.
Total Current Liabilities was $2,486 Mil.
Long-Term Debt & Capital Lease Obligation was $711 Mil.
Net Income was $1,513 Mil.
Gross Profit was $0 Mil.
Cash Flow from Operations was $1,991 Mil.

Total Receivables was $641 Mil.
Revenue was $10,702 Mil.
Gross Profit was $2,821 Mil.
Total Current Assets was $8,863 Mil.
Total Assets was $17,768 Mil.
Property, Plant and Equipment(Net PPE) was $8,444 Mil.
Depreciation, Depletion and Amortization(DDA) was $901 Mil.
Selling, General, & Admin. Expense(SGA) was $573 Mil.
Total Current Liabilities was $2,626 Mil.
Long-Term Debt & Capital Lease Obligation was $812 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)
	=	(566.509 / 9722.494)	/	(641.47 / 10701.943)
	=	0.058268	/	0.05994
	=	0.9721

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)
	=	(2821.027 / 10701.943)	/	(1634.516 / 9722.494)
	=	0.2636	/	0.168117
	=	1.568

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 - (7181.033 + 10054.028) / 17669.049)	/	(1 - (8863.164 + 8443.753) / 17768.383)
	=	0.024562	/	0.025971
	=	0.9457

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
	=	9722.494	/	10701.943
	=	0.9085

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))
	=	(900.915 / (900.915 + 8443.753))	/	(994.131 / (994.131 + 10054.028))
	=	0.09641	/	0.089982
	=	1.0714

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)
	=	(475.355 / 9722.494)	/	(572.632 / 10701.943)
	=	0.048892	/	0.053507
	=	0.9137

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)
	=	((711.064 + 2486.378) / 17669.049)	/	((811.607 + 2626.421) / 17768.383)
	=	0.180963	/	0.193491
	=	0.9353

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
	=	(1513.483 - 0	-	1990.771)	/	17669.049
	=	-0.027013

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.

Orient Overseas (International) has a M-score of -2.39 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 -2.39 mean?

Orient Overseas (International) (OROVY) has a Beneish M-Score of -2.39 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Orient Overseas (International) and its competitors. According to the industry distribution chart, Orient Overseas (International) ranks #635 out of 966 companies in the Transportation industry, placing it in the top 65.7%.

Is Orient Overseas (International)'s Beneish M-Score too high?

Orient Overseas (International)'s current Beneish M-Score is -2.39. Based on the distribution chart, Orient Overseas (International) ranks #635 out of 966 companies in the Transportation industry, which is below the industry midpoint. Overall, Orient Overseas (International) has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Orient Overseas (International)'s Beneish M-Score compare to competitors?

According to the Transportation industry distribution chart, Orient Overseas (International) ranks #635 out of 966 companies for Beneish M-Score. This places Orient Overseas (International) 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 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 Orient Overseas (International) and its competitors. Orient Overseas (International)'s current Beneish M-Score is -2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Orient Overseas (International) stock overvalued right now?

Based on GuruFocus' analysis, Orient Overseas (International) (OROVY) is currently considered Fairly Valued. The stock's GF Value™ is $72.74, compared to a current price of $78.20 — trading 7.5% above its estimated fair value. The current Beneish M-Score is -2.39. Orient Overseas (International)'s overall GF Score™ is 70/100 with 6 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 Orient Overseas (International) (OROVY), the current Beneish M-Score is -2.39 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.

Is Orient Overseas (International) (OROVY) Overvalued in 2026?

Based on GuruFocus' analysis, Orient Overseas (International) stock appears to be overvalued. The current stock price of $78.20 is trading 7.5% above its estimated GF Value™ of $72.74. GuruFocus considers Orient Overseas (International) to be Fairly Valued.

Key valuation signals for OROVY:

Beneish M-Score: -2.39
GF Value™: $72.74 vs. price of $78.20 (7.5% above fair value)
GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the OROVY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Orient Overseas (International) Business Description

Industry Industrials Transportation

Comparable Companies HKSE:01308 HKSE:06198 HKSE:00144 HKSE:03369 HKSE:01199 HKSE:02343 HKSE:02510 HKSE:00517 HKSE:03382 HKSE:02409 BOM:532921 OCSE:MAERSK B HKSE:01919 PHS:ICT XTER:HLAG SHSE:600018 TPE:2603 TSE:9101 XKRX:011200 ADX:ADNOCLS

Other Exchanges 00316:Hong Kong ORI1:Germany

Address 25 Harbour Road, 31st Floor, Harbour Centre, Wanchai, Hong Kong, HKG

Website https://www.ooilgroup.com

Orient Overseas (International) Ltd is engaged in container transport and logistics. Container transport and logistics include containerized shipping services in trade lanes, covering Trans-Pacific, Trans-Atlantic, Asia/Europe, Asia/Australia, and Intra-Asia trades, and integrated services over the management and control of effective storage and flow of goods. Revenue comprises gross freight income, charter hire, service, and other income from the operation of the container transport and logistics and rental income from the investment property. Its segments are Container transport and logistics and Others.

70GF Score

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

$78.20

Price

$72.74

GF Value

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