BenguetPHS:BC 71 Beneish M-Score is -1.89 as of Jun. 25, 2026. GuruFocus rates PHS:BC with a GF Score™ of 71/100 and a GF Value™ of ₱5.88 (Fairly Valued). The stock has 5 warning signs investors should review. Among 685 Metals & Mining companies, Benguet ranks worse than 66.72% 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 -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 Benguet's Beneish M-Score or its related term are showing as below:
PHS:BC'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.65 Med: -2.05 Max: -1.11
Current: -1.89
During the past 13 years, the highest Beneish M-Score of Benguet was -1.11. The lowest was -3.65. And the median was -2.05.
Benguet Beneish M-Score Related Terms
Benguet Beneish M-Score Historical Data
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The historical data trend for Benguet'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.
PHS:BC vs NEM, AU, CDE: Beneish M-Score Comparison
For the Gold subindustry, Benguet'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.
Benguet Beneish M-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Benguet's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Benguet'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 Benguet 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 * 1.0917
+
0.528 * 1.0057
+
0.404 * 0.9439
+
0.892 * 1.3652
+
0.115 * 0.6601
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.8876
+
4.679 * 0.041377
-
0.327 * 0.9271
=
-1.89
* 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))
=
(56.47 / (56.47 + 2712.028))
/
(95.184 / (95.184 + 2985.077))
=
0.020397
/
0.030901
=
0.6601
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
=
(1061.513 - 0
-
552.8)
/
12294.709
=
0.041377
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.
Benguet has a M-score of -1.89 suggests that the company is unlikely to be a manipulator.
Benguet (PHS:BC) has a Beneish M-Score of -1.89 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Benguet and its competitors. According to the industry distribution chart, Benguet ranks #457 out of 685 companies in the Metals & Mining industry, placing it in the top 66.7%.
Is Benguet's Beneish M-Score too high?
Benguet's current Beneish M-Score is -1.89. Based on the distribution chart, Benguet ranks #457 out of 685 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Benguet has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Benguet's Beneish M-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Benguet ranks #457 out of 685 companies for Beneish M-Score. This places Benguet 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 Metals & Mining company?
A good Beneish M-Score depends on the Metals & Mining 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 Benguet and its competitors. Benguet'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 Benguet stock overvalued right now?
Based on GuruFocus' analysis, Benguet (PHS:BC) is currently considered Fairly Valued. The stock's GF Value™ is ₱5.88, compared to a current price of ₱6.30 — trading 7.1% above its estimated fair value. The current Beneish M-Score is -1.89. Benguet's overall GF Score™ is 71/100 with 5 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 Benguet (PHS:BC), the current Beneish M-Score is -1.89 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 Benguet (PHS:BC) Overvalued in 2026?
Based on GuruFocus' analysis, Benguet stock appears to be overvalued.
The current stock price of ₱6.30 is trading 7.1% above its estimated GF Value™ of ₱5.88.
GuruFocus considers Benguet to be Fairly Valued.
Key valuation signals for PHS:BC:
Beneish M-Score: -1.89
GF Value™: ₱5.88 vs. price of ₱6.30 (7.1% above fair value)
No single metric tells the full story. See the PHS:BC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Benguet Corp is engaged in gold, nickel, and other metallic and nonmetallic mineral production, exploration, research and development, and natural resource projects. The company operates through four business segments, namely Mining, Health Services, Logistics, and Others. The Mining segment is engaged in exploration, nickel, and gold mining operations and generates the maximum revenue for the company. The Health Services segment is engaged in the business of offering medical and clinical diagnostic examinations and health care services on pre-employment. The logistics segment is engaged in logistics services to the supply-chain requirements of various industries. The Other segment of the company is engaged in research, development, health services, and water projects.
71GF Score
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