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Sinotruk (Hong Kong)STU:4SK +2.88%78 Beneish M-Score is -2.23 as of Jul. 23, 2026. GuruFocus rates STU:4SK with a GF Score™ of 78/100 and a GF Value™ of €3.11 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 205 Farm & Heavy Construction Machinery companies, Sinotruk (Hong Kong) ranks worse than 65.37% 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 -2.23 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Sinotruk (Hong Kong)'s Beneish M-Score or its related term are showing as below:
STU:4SK'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.23 Med: -2.35 Max: -1.81
Current: -2.23
During the past 13 years, the highest Beneish M-Score of Sinotruk (Hong Kong) was -1.81. The lowest was -3.23. And the median was -2.35.
Sinotruk (Hong Kong) Beneish M-Score Related Terms
Sinotruk (Hong Kong) Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Sinotruk (Hong Kong)'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.
STU:4SK vs CAT, DE, PCAR: Beneish M-Score Comparison
For the Farm & Heavy Construction Machinery subindustry, Sinotruk (Hong Kong)'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.
Sinotruk (Hong Kong) Beneish M-Score vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Sinotruk (Hong Kong)'s Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Sinotruk (Hong Kong)'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 Sinotruk (Hong Kong) 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 * 1.0124
+
0.528 * 1.037
+
0.404 * 1.2252
+
0.892 * 1.0652
+
0.115 * 0.9125
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9655
+
4.679 * -0.003943
-
0.327 * 1.0528
=
-2.34
* 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))
=
(235.896 / (235.896 + 2024.587))
/
(227.522 / (227.522 + 1761.862))
=
0.104356
/
0.114368
=
0.9125
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
=
(851.102 - 0
-
924.303)
/
18567.11
=
-0.003943
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.
Sinotruk (Hong Kong) has a M-score of -2.34 suggests that the company is unlikely to be a manipulator.
Sinotruk (Hong Kong) (STU:4SK) has a Beneish M-Score of -2.23 as of Jul. 23, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Sinotruk (Hong Kong) and its competitors. According to the industry distribution chart, Sinotruk (Hong Kong) ranks #134 out of 205 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 65.4%.
Is Sinotruk (Hong Kong)'s Beneish M-Score too high?
Sinotruk (Hong Kong)'s current Beneish M-Score is -2.23. Based on the distribution chart, Sinotruk (Hong Kong) ranks #134 out of 205 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Sinotruk (Hong Kong) has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sinotruk (Hong Kong)'s Beneish M-Score compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Sinotruk (Hong Kong) ranks #134 out of 205 companies for Beneish M-Score. This places Sinotruk (Hong Kong) 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 Farm & Heavy Construction Machinery company?
A good Beneish M-Score depends on the Farm & Heavy Construction Machinery 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 Sinotruk (Hong Kong) and its competitors. Sinotruk (Hong Kong)'s current Beneish M-Score is -2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinotruk (Hong Kong) stock overvalued right now?
Based on GuruFocus' analysis, Sinotruk (Hong Kong) (STU:4SK) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.11, compared to a current price of €4.28 — trading 37.6% above its estimated fair value. The current Beneish M-Score is -2.23. Sinotruk (Hong Kong)'s overall GF Score™ is 78/100 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 Sinotruk (Hong Kong) (STU:4SK), the current Beneish M-Score is -2.23 as of Jul. 23, 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 Sinotruk (Hong Kong) (STU:4SK) Overvalued in 2026?
Based on GuruFocus' analysis, Sinotruk (Hong Kong) stock appears to be overvalued.
The current stock price of €4.28 is trading 37.6% above its estimated GF Value™ of €3.11.
GuruFocus considers Sinotruk (Hong Kong) to be Significantly Overvalued.
Key valuation signals for STU:4SK:
Beneish M-Score: -2.23
GF Value™: €3.11 vs. price of €4.28 (37.6% above fair value)
No single metric tells the full story. See the STU:4SK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sinotruk (Hong Kong) Ltd is an investment holding company. The company manages its business in three segments: Heavy Duty Trucks, which includes the manufacture and sale of heavy-duty trucks, medium-heavy duty trucks, and related components; Light Duty Trucks & Others, which manufactures and sells light-duty trucks, buses, etc., and related components; and Finance, which includes the provision of auto financing services to the public. The vast majority of its revenue comes from the Heavy-duty trucks segment. Its geographical segments are Mainland China and Overseas.
78GF Score
Get the complete analysis for STU:4SK
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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