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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 -1.63 higher than -1.78, which implies that the company might have manipulated its financial results.
The historical rank and industry rank for Datapulse Technology's Beneish M-Score or its related term are showing as below:
SGX:BKW'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.94 Med: -2.43 Max: -0.06
Current: -1.63
During the past 13 years, the highest Beneish M-Score of Datapulse Technology was -0.06. The lowest was -3.94. And the median was -2.43.
Datapulse Technology Beneish M-Score Related Terms
Datapulse Technology Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Datapulse Technology'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:BKW vs MAR, HLT, H: Beneish M-Score Comparison
For the Lodging subindustry, Datapulse Technology'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.
Datapulse Technology Beneish M-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Datapulse Technology's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Datapulse Technology'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 Datapulse Technology 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 * 1.4609
+
0.528 * 0.9052
+
0.404 * 1.1133
+
0.892 * 0.9788
+
0.115 * 1.0083
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1
+
4.679 * 0.05506
-
0.327 * 0.4135
=
-1.63
* 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))
=
(0.61 / (0.61 + 38.198))
/
(0.569 / (0.569 + 35.931))
=
0.015718
/
0.015589
=
1.0083
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
=
(0.822 - 0
-
-2.649)
/
63.04
=
0.05506
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.
Datapulse Technology has a M-score of -1.63 signals that the company is likely to be a manipulator.
Datapulse Technology (SGX:BKW) has a Beneish M-Score of -1.63 as of Aug. 14, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Datapulse Technology and its competitors. According to the industry distribution chart, Datapulse Technology ranks #714 out of 815 companies in the Travel & Leisure industry, placing it in the top 87.6%.
Is Datapulse Technology's Beneish M-Score too high?
Datapulse Technology's current Beneish M-Score is -1.63. Based on the distribution chart, Datapulse Technology ranks #714 out of 815 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Datapulse Technology has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Datapulse Technology's Beneish M-Score compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Datapulse Technology ranks #714 out of 815 companies for Beneish M-Score. This places Datapulse Technology 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 Travel & Leisure company?
A good Beneish M-Score depends on the Travel & Leisure 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 Datapulse Technology and its competitors. Datapulse Technology's current Beneish M-Score is -1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Datapulse Technology stock overvalued right now?
Based on GuruFocus' analysis, Datapulse Technology (SGX:BKW) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.13, compared to a current price of S$0.15 — trading 16.9% above its estimated fair value. The current Beneish M-Score is -1.63. Datapulse Technology's overall GF Score™ is 46/100 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 Datapulse Technology (SGX:BKW), the current Beneish M-Score is -1.63 as of Aug. 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 Datapulse Technology (SGX:BKW) Overvalued in 2026?
Based on GuruFocus' analysis, Datapulse Technology stock appears to be overvalued.
The current stock price of S$0.15 is trading 16.9% above its estimated GF Value™ of S$0.13.
GuruFocus considers Datapulse Technology to be Modestly Overvalued.
Key valuation signals for SGX:BKW:
Beneish M-Score: -1.63
GF Value™: S$0.13 vs. price of S$0.15 (16.9% above fair value)
No single metric tells the full story. See the SGX:BKW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Datapulse Technology Ltd is an investment holding company. Through its subsidiaries, it is principally engaged in the hotel and hospitality property investment business. The reportable operating segments are as follows: i. The Investments Holding segment relates to the holding of long-term investments. ii. The Investments segment relates to the trading in short-term investments. iii. The Asset Management segment relates to the provision of asset management services to the Group's hospitality assets. iv. The Hotel segment relates to hotel operations. The company generates the majority of its revenue from the Hotel operations segment.
46GF Score
Get the complete analysis for SGX:BKW
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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