Wilcon DepotPHS:WLCON -0.18%85 Beneish M-Score is -2.81 as of Jun. 25, 2026. GuruFocus rates PHS:WLCON with a GF Score™ of 85/100 and a GF Value™ of ₱15.75 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,087 Retail - Cyclical companies, Wilcon Depot ranks better than 67.53% 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 -2.81 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Wilcon Depot's Beneish M-Score or its related term are showing as below:
PHS:WLCON'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.33 Med: -2.72 Max: 0.15
Current: -2.81
During the past 13 years, the highest Beneish M-Score of Wilcon Depot was 0.15. The lowest was -3.33. And the median was -2.72.
Wilcon Depot Beneish M-Score Related Terms
Wilcon Depot Beneish M-Score Historical Data
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The historical data trend for Wilcon Depot'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:WLCON vs HD, LOW, FND: Beneish M-Score Comparison
For the Home Improvement Retail subindustry, Wilcon Depot'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.
Wilcon Depot Beneish M-Score vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Wilcon Depot's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Wilcon Depot'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 Wilcon Depot 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 * 1.0974
+
0.528 * 1.0171
+
0.404 * 1.0874
+
0.892 * 1.0565
+
0.115 * 0.2313
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.7423
+
4.679 * -0.1048
-
0.327 * 0.9422
=
-2.81
* 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))
=
(2936.067 / (2936.067 + 20775.98))
/
(23340.109 / (23340.109 + 20255.045))
=
0.123822
/
0.535383
=
0.2313
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
=
(2472.112 - 0
-
6753.057)
/
40848.608
=
-0.1048
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.
Wilcon Depot has a M-score of -2.81 suggests that the company is unlikely to be a manipulator.
Wilcon Depot (PHS:WLCON) has a Beneish M-Score of -2.81 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Wilcon Depot and its competitors. According to the industry distribution chart, Wilcon Depot ranks #353 out of 1087 companies in the Retail - Cyclical industry, placing it in the top 32.5%.
Is Wilcon Depot's Beneish M-Score too high?
Wilcon Depot's current Beneish M-Score is -2.81. Based on the distribution chart, Wilcon Depot ranks #353 out of 1087 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Wilcon Depot has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wilcon Depot's Beneish M-Score compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, Wilcon Depot ranks #353 out of 1087 companies for Beneish M-Score. This puts Wilcon Depot 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 a Retail - Cyclical company?
A good Beneish M-Score depends on the Retail - Cyclical 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 Wilcon Depot and its competitors. Wilcon Depot's current Beneish M-Score is -2.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wilcon Depot stock overvalued right now?
Based on GuruFocus' analysis, Wilcon Depot (PHS:WLCON) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱15.75, compared to a current price of ₱5.60 — trading 64.4% below its estimated fair value. The current Beneish M-Score is -2.81. Wilcon Depot's overall GF Score™ is 85/100 with 2 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 Wilcon Depot (PHS:WLCON), the current Beneish M-Score is -2.81 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 Wilcon Depot (PHS:WLCON) Overvalued in 2026?
Based on GuruFocus' analysis, Wilcon Depot stock appears to be undervalued.
The current stock price of ₱5.60 is trading 64.4% below its estimated GF Value™ of ₱15.75.
GuruFocus considers Wilcon Depot to be Significantly Undervalued.
Key valuation signals for PHS:WLCON:
Beneish M-Score: -2.81
GF Value™: ₱15.75 vs. price of ₱5.60 (64.4% below fair value)
No single metric tells the full story. See the PHS:WLCON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wilcon Depot Inc operates in the construction and home improvement supply industry in the Philippines. It competes with retailers, wholesalers and distributors based on product range and quality, pricing, target market, and sales network coverage. It caters to middle to high income homeowners for construction, renovation, repair and maintenance, and home improvement needs. Its product offerings include tiles and flooring, plumbing and sanitary wares, furniture, furnishings and houseware, paints, appliances, and building materials. Its segments are retail consumers, consisting of homeowners and small and independent contractors, which generate the majority of revenues, and institutional accounts, consisting of property developers, which contribute a smaller portion of revenue.
85GF Score
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