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Republic Glass HoldingsPHS:REG 55 Beneish M-Score is -2.40 as of Jul. 14, 2026. GuruFocus rates PHS:REG with a GF Score™ of 55/100 and a GF Value™ of ₱1.68 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 953 Asset Management companies, Republic Glass Holdings ranks better than 57.29% 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 -2.4 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Republic Glass Holdings's Beneish M-Score or its related term are showing as below:
PHS:REG'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.97 Med: -1.9 Max: 4.56
Current: -2.4
During the past 13 years, the highest Beneish M-Score of Republic Glass Holdings was 4.56. The lowest was -2.97. And the median was -1.90.
Republic Glass Holdings Beneish M-Score Related Terms
Republic Glass Holdings Beneish M-Score Historical Data
* 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:REG vs BLK, BX, KKR: Beneish M-Score Comparison
For the Asset Management subindustry, Republic Glass Holdings'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.
Republic Glass Holdings Beneish M-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Republic Glass Holdings's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Republic Glass Holdings'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 Republic Glass Holdings 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 * 1.8528
+
0.528 * 1
+
0.404 * 1.0229
+
0.892 * 0.5923
+
0.115 * 0.0711
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 2.1433
+
4.679 * -0.013189
-
0.327 * 0.9663
=
-2.40
* 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))
=
(0.169 / (0.169 + 2.297))
/
(0.605 / (0.605 + 0.023))
=
0.068532
/
0.963376
=
0.0711
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
=
(74.51 - 0
-
113.106)
/
2926.29
=
-0.013189
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.
Republic Glass Holdings has a M-score of -2.40 suggests that the company is unlikely to be a manipulator.
Republic Glass Holdings (PHS:REG) has a Beneish M-Score of -2.40 as of Jul. 14, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Republic Glass Holdings and its competitors. According to the industry distribution chart, Republic Glass Holdings ranks #407 out of 953 companies in the Asset Management industry, placing it in the top 42.7%.
Is Republic Glass Holdings' Beneish M-Score too high?
Republic Glass Holdings' current Beneish M-Score is -2.40. Based on the distribution chart, Republic Glass Holdings ranks #407 out of 953 companies in the Asset Management industry, which is above the industry midpoint. Overall, Republic Glass Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Republic Glass Holdings' Beneish M-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Republic Glass Holdings ranks #407 out of 953 companies for Beneish M-Score. This puts Republic Glass Holdings in the upper 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 an Asset Management company?
A good Beneish M-Score depends on the Asset Management 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 Republic Glass Holdings and its competitors. Republic Glass Holdings's current Beneish M-Score is -2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Republic Glass Holdings stock overvalued right now?
Based on GuruFocus' analysis, Republic Glass Holdings (PHS:REG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱1.68, compared to a current price of ₱3.23 — trading 92.3% above its estimated fair value. The current Beneish M-Score is -2.40. Republic Glass Holdings' overall GF Score™ is 55/100 with 7 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 Republic Glass Holdings (PHS:REG), the current Beneish M-Score is -2.40 as of Jul. 14, 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 Republic Glass Holdings (PHS:REG) Overvalued in 2026?
Based on GuruFocus' analysis, Republic Glass Holdings stock appears to be overvalued.
The current stock price of ₱3.23 is trading 92.3% above its estimated GF Value™ of ₱1.68.
GuruFocus considers Republic Glass Holdings to be Significantly Overvalued.
Key valuation signals for PHS:REG:
Beneish M-Score: -2.40
GF Value™: ₱1.68 vs. price of ₱3.23 (92.3% above fair value)
No single metric tells the full story. See the PHS:REG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Republic Glass Holdings Corp is a Philippines-based company. It is engaged in purchasing, leasing, and selling securities of every kind of business. The operating segments of the Company are Core business which relates to the company's investment activities, which involve purchasing and trading financial assets and investing in other securities, and Support business which relates to the company's sale of investment properties.
55GF Score
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