Swire PacificSWRBY 62 Beneish M-Score is -2.61 as of Jun. 24, 2026. GuruFocus rates SWRBY with a GF Score™ of 62/100 and a GF Value™ of $2.86 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 538 Conglomerates companies, Swire Pacific ranks better than 63.01% 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 -2.61 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Swire Pacific's Beneish M-Score or its related term are showing as below:
SWRBY'
s Beneish M-Score Range Over the Past 10 Years
Min: -2.72 Med: -2.47 Max: -2.21
Current: -2.61
During the past 13 years, the highest Beneish M-Score of Swire Pacific was -2.21. The lowest was -2.72. And the median was -2.47.
Swire Pacific Beneish M-Score Related Terms
Swire Pacific Beneish M-Score Historical Data
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The historical data trend for Swire Pacific'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.
For the Conglomerates subindustry, Swire Pacific'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.
Swire Pacific Beneish M-Score vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Swire Pacific's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Swire Pacific'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 Swire Pacific 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 * 0.8929
+
0.528 * 0.9965
+
0.404 * 0.9949
+
0.892 * 1.1026
+
0.115 * 0.9359
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9961
+
4.679 * -0.024376
-
0.327 * 1.0061
=
-2.61
* 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))
=
(532.585 / (532.585 + 4015.875))
/
(599.167 / (599.167 + 4189.929))
=
0.117091
/
0.125111
=
0.9359
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
=
(377.596 - 0
-
1870.116)
/
61229.308
=
-0.024376
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.
Swire Pacific has a M-score of -2.61 suggests that the company is unlikely to be a manipulator.
Swire Pacific (SWRBY) has a Beneish M-Score of -2.61 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Swire Pacific and its competitors. According to the industry distribution chart, Swire Pacific ranks #199 out of 538 companies in the Conglomerates industry, placing it in the top 37%.
Is Swire Pacific's Beneish M-Score too high?
Swire Pacific's current Beneish M-Score is -2.61. Based on the distribution chart, Swire Pacific ranks #199 out of 538 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Swire Pacific has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swire Pacific's Beneish M-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, Swire Pacific ranks #199 out of 538 companies for Beneish M-Score. This puts Swire Pacific 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 Conglomerates company?
A good Beneish M-Score depends on the Conglomerates 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 Swire Pacific and its competitors. Swire Pacific's current Beneish M-Score is -2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swire Pacific stock overvalued right now?
Based on GuruFocus' analysis, Swire Pacific (SWRBY) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.86, compared to a current price of $8.25 — trading 188.5% above its estimated fair value. The current Beneish M-Score is -2.61. Swire Pacific's overall GF Score™ is 62/100 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 Swire Pacific (SWRBY), the current Beneish M-Score is -2.61 as of Jun. 24, 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 Swire Pacific (SWRBY) Overvalued in 2026?
Based on GuruFocus' analysis, Swire Pacific stock appears to be overvalued.
The current stock price of $8.25 is trading 188.5% above its estimated GF Value™ of $2.86.
GuruFocus considers Swire Pacific to be Significantly Overvalued.
Key valuation signals for SWRBY:
Beneish M-Score: -2.61
GF Value™: $2.86 vs. price of $8.25 (188.5% above fair value)
No single metric tells the full story. See the SWRBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swire Pacific is a Hong Kong-based conglomerate with interests in property, aviation, beverage, trading, and industrials. The property division, an 82% stake in Swire Properties, contributes more than half of the group's operating profit. The beverage division is one of two Coca-Cola bottlers in mainland China and also a bottler in Hong Kong, Taiwan, Thailand, Laos, Vietnam, and Cambodia. The aviation division consists of Haeco, an aircraft engineering company, and a 45% stake in Cathay Pacific. John Swire & Sons, the parent company, holds a 64% stake in Swire Pacific but has 71% of the voting rights through a dual-class share structure.
62GF Score
Get the complete analysis for SWRBY
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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