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Soon Lian HoldingsSGX:5MD 41 Beneish M-Score is -2.04 as of Jul. 30, 2026. GuruFocus rates SGX:5MD with a GF Score™ of 41/100 and a GF Value™ of S$0.25 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 677 Metals & Mining companies, Soon Lian Holdings ranks worse than 62.04% 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.
Good Sign:
Beneish M-Score -2.04 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Soon Lian Holdings's Beneish M-Score or its related term are showing as below:
SGX:5MD'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.81 Med: -2.18 Max: -0.75
Current: -2.04
During the past 13 years, the highest Beneish M-Score of Soon Lian Holdings was -0.75. The lowest was -3.81. And the median was -2.18.
Soon Lian Holdings Beneish M-Score Related Terms
Soon Lian Holdings Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Soon Lian Holdings'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.
SGX:5MD vs AA, CENX, CSTM: Beneish M-Score Comparison
For the Aluminum subindustry, Soon Lian 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.
Soon Lian Holdings Beneish M-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Soon Lian Holdings's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Soon Lian 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 Soon Lian 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 * 0.9201
+
0.528 * 1.3454
+
0.404 * 0.7742
+
0.892 * 1.1002
+
0.115 * 1.0789
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.2122
+
4.679 * 0.080742
-
0.327 * 1.0605
=
-2.04
* 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))
=
(1.811 / (1.811 + 9.036))
/
(1.961 / (1.961 + 10.711))
=
0.166959
/
0.154751
=
1.0789
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
=
(4.781 - 0
-
-2.001)
/
83.996
=
0.080742
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.
Soon Lian Holdings has a M-score of -2.04 suggests that the company is unlikely to be a manipulator.
Soon Lian Holdings (SGX:5MD) has a Beneish M-Score of -2.04 as of Jul. 30, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Soon Lian Holdings and its competitors. According to the industry distribution chart, Soon Lian Holdings ranks #420 out of 677 companies in the Metals & Mining industry, placing it in the top 62%.
Is Soon Lian Holdings' Beneish M-Score too high?
Soon Lian Holdings' current Beneish M-Score is -2.04. Based on the distribution chart, Soon Lian Holdings ranks #420 out of 677 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Soon Lian Holdings has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Soon Lian Holdings' Beneish M-Score compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Soon Lian Holdings ranks #420 out of 677 companies for Beneish M-Score. This places Soon Lian Holdings 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 Soon Lian Holdings and its competitors. Soon Lian Holdings's current Beneish M-Score is -2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Soon Lian Holdings stock overvalued right now?
Based on GuruFocus' analysis, Soon Lian Holdings (SGX:5MD) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.25, compared to a current price of S$0.20 — trading 20% below its estimated fair value. The current Beneish M-Score is -2.04. Soon Lian Holdings' overall GF Score™ is 41/100 with 3 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 Soon Lian Holdings (SGX:5MD), the current Beneish M-Score is -2.04 as of Jul. 30, 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 Soon Lian Holdings (SGX:5MD) Overvalued in 2026?
Based on GuruFocus' analysis, Soon Lian Holdings stock appears to be undervalued.
The current stock price of S$0.20 is trading 20% below its estimated GF Value™ of S$0.25.
GuruFocus considers Soon Lian Holdings to be Modestly Undervalued.
Key valuation signals for SGX:5MD:
Beneish M-Score: -2.04
GF Value™: S$0.25 vs. price of S$0.20 (20% below fair value)
No single metric tells the full story. See the SGX:5MD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Soon Lian Holdings Ltd is principally an investment holding company. Through its subsidiaries, it is engaged in the business of trading of aluminium alloy materials. The company's business segments include precision engineering, marine, stockists and traders and other customers. The majority of revenue is derived from the Precision engineering segment, which includes precision parts for electronic equipment, precision instruments, medical instrumentation, semiconductor equipment, automated assembly lines, pharmaceutical machinery and robotics. Geographically, the maximum revenue is generated from Singapore, followed by Malaysia, China, Taiwan, Indonesia and other countries.
41GF Score
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