PLUT (Plutus Financial Group) Beneish M-Score: 0.31 (As of Jun. 27, 2026)


PLUT Plutus Financial Group Ltd PLUT
19 GF Score
Price $3.00
! 6 Warning Signs
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What is Plutus Financial Group Beneish M-Score?

Plutus Financial Group PLUT 19 Beneish M-Score is 0.31 as of Jun. 27, 2026. GuruFocus rates PLUT with a GF Score™ of 19/100. The stock has 6 warning signs investors should review. Among 702 Capital Markets companies, Plutus Financial Group ranks worse than 85.04% 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.

Warning Sign:

Beneish M-Score 0.31 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Plutus Financial Group's Beneish M-Score or its related term are showing as below:

PLUT' s Beneish M-Score Range Over the Past 10 Years
Min: -5.18   Med: -2.5   Max: 0.31
Current: 0.31

During the past 6 years, the highest Beneish M-Score of Plutus Financial Group was 0.31. The lowest was -5.18. And the median was -2.50.

Plutus Financial Group Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Plutus Financial Group'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.

Plutus Financial Group Beneish M-Score Chart

Plutus Financial Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 -2.17 -2.82 -5.18 0.31

Plutus Financial Group Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.82 0.21 -5.18 0.00 0.31

PLUT vs FLD, MATH, HGBL: Beneish M-Score Comparison

For the Capital Markets subindustry, Plutus Financial Group'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.

Plutus Financial Group Beneish M-Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Plutus Financial Group's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Plutus Financial Group's Beneish M-Score falls into.


PLUT
19GF Score
Plutus Financial Group Ltd PLUT
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Plutus Financial Group 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 Plutus Financial Group 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 * 3.1221+0.528 * 0.343+0.404 * 0.9563+0.892 * 1.0702+0.115 * 0.1858
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 3.492+4.679 * 0.366828-0.327 * 1.1735
=0.31

* 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was $7.94 Mil.
Revenue was $1.34 Mil.
Gross Profit was $-0.57 Mil.
Total Current Assets was $14.28 Mil.
Total Assets was $15.33 Mil.
Property, Plant and Equipment(Net PPE) was $0.20 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.25 Mil.
Selling, General, & Admin. Expense(SGA) was $3.47 Mil.
Total Current Liabilities was $4.14 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Net Income was $-5.06 Mil.
Gross Profit was $-0.38 Mil.
Cash Flow from Operations was $-10.30 Mil.
 Total Receivables was $2.38 Mil.
Revenue was $1.25 Mil.
Gross Profit was $-0.18 Mil.
Total Current Assets was $8.30 Mil.
Total Assets was $9.23 Mil.
Property, Plant and Equipment(Net PPE) was $0.39 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.05 Mil.
Selling, General, & Admin. Expense(SGA) was $0.93 Mil.
Total Current Liabilities was $2.00 Mil.
Long-Term Debt & Capital Lease Obligation was $0.13 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)
=(7.942 / 1.342) / (2.377 / 1.254)
=5.918033 / 1.895534
=3.1221

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)
=(-0.183 / 1.254) / (-0.571 / 1.342)
=-0.145933 / -0.425484
=0.343

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 - (14.279 + 0.202) / 15.326) / (1 - (8.303 + 0.392) / 9.227)
=0.055135 / 0.057657
=0.9563

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
=1.342 / 1.254
=1.0702

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))
=(0.045 / (0.045 + 0.392)) / (0.251 / (0.251 + 0.202))
=0.102975 / 0.554084
=0.1858

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)
=(3.468 / 1.342) / (0.928 / 1.254)
=2.584203 / 0.740032
=3.492

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)
=((0 + 4.14) / 15.326) / ((0.128 + 1.996) / 9.227)
=0.270129 / 0.230194
=1.1735

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
=(-5.058 - -0.38 - -10.3) / 15.326
=0.366828

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.

Plutus Financial Group has a M-score of 0.31 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 0.31 mean?
Plutus Financial Group (PLUT) has a Beneish M-Score of 0.31 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Plutus Financial Group and its competitors. According to the industry distribution chart, Plutus Financial Group ranks #597 out of 702 companies in the Capital Markets industry, placing it in the top 85%.
Is Plutus Financial Group's Beneish M-Score too high?
Plutus Financial Group's current Beneish M-Score is 0.31. Based on the distribution chart, Plutus Financial Group ranks #597 out of 702 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Plutus Financial Group has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Plutus Financial Group's Beneish M-Score compare to FLD and MATH?
According to the Capital Markets industry distribution chart, Plutus Financial Group ranks #597 out of 702 companies for Beneish M-Score. This places Plutus Financial Group 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 Capital Markets company?
A good Beneish M-Score depends on the Capital Markets 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 Plutus Financial Group and its competitors. Plutus Financial Group's current Beneish M-Score is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plutus Financial Group stock overvalued right now?
Plutus Financial Group (PLUT) has a current Beneish M-Score of 0.31. The current Beneish M-Score is 0.31. Plutus Financial Group's overall GF Score™ is 19/100 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 Plutus Financial Group (PLUT), the current Beneish M-Score is 0.31 as of Jun. 27, 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.

Plutus Financial Group Business Description

Address 80 Gloucester Road, 8th Floor, Wan Chai, Hong Kong, HKG
Plutus Financial Group Ltd provides financial services. The company has three reportable segments: securities-related services, asset management services, and money lending services. The securities-related services segment generated commission by offering securities dealing and brokerage services, securities underwriting and placing services, and other financing services. The asset management services segment generated asset management fees by providing asset management services and investment advisory services. Money lending services generated interest income by lending money to corporations and individuals.
19GF Score

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