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Big Sun Shine CoTPE:1475 -0.55%78 Beneish M-Score is -2.47 as of Jul. 14, 2026. GuruFocus rates TPE:1475 with a GF Score™ of 78/100 and a GF Value™ of NT$39.24 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 997 Manufacturing - Apparel & Accessories companies, Big Sun Shine Co ranks worse than 53.96% 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 -2.47 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Big Sun Shine Co's Beneish M-Score or its related term are showing as below:
TPE:1475'
s Beneish M-Score Range Over the Past 10 Years
Min: -8 Med: -1.08 Max: 68.74
Current: -2.47
During the past 13 years, the highest Beneish M-Score of Big Sun Shine Co was 68.74. The lowest was -8.00. And the median was -1.08.
Big Sun Shine Co Beneish M-Score Related Terms
Big Sun Shine Co Beneish M-Score Historical Data
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The historical data trend for Big Sun Shine Co'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.
Big Sun Shine Co Beneish M-Score Competitor Comparison
For the Textile Manufacturing subindustry, Big Sun Shine Co'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.
Big Sun Shine Co Beneish M-Score vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Big Sun Shine Co's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Big Sun Shine Co'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 Big Sun Shine Co 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 * 0.9748
+
0.528 * 1.2555
+
0.404 * 1.5692
+
0.892 * 0.7489
+
0.115 * 0.1498
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.7023
+
4.679 * 0.020489
-
0.327 * 0.9499
=
-2.47
* 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))
=
(0.275 / (0.275 + 189.051))
/
(3.719 / (3.719 + 379.806))
=
0.001453
/
0.009697
=
0.1498
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
=
(179.783 - 0
-
132.597)
/
2303.013
=
0.020489
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.
Big Sun Shine Co has a M-score of -2.47 suggests that the company is unlikely to be a manipulator.
Big Sun Shine Co (TPE:1475) has a Beneish M-Score of -2.47 as of Jul. 14, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Big Sun Shine Co and its competitors. According to the industry distribution chart, Big Sun Shine Co ranks #538 out of 997 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 54%.
Is Big Sun Shine Co's Beneish M-Score too high?
Big Sun Shine Co's current Beneish M-Score is -2.47. Based on the distribution chart, Big Sun Shine Co ranks #538 out of 997 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Big Sun Shine Co has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Big Sun Shine Co's Beneish M-Score compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Big Sun Shine Co ranks #538 out of 997 companies for Beneish M-Score. This places Big Sun Shine Co 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 Manufacturing - Apparel & Accessories company?
A good Beneish M-Score depends on the Manufacturing - Apparel & Accessories 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 Big Sun Shine Co and its competitors. Big Sun Shine Co's current Beneish M-Score is -2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Big Sun Shine Co stock overvalued right now?
Based on GuruFocus' analysis, Big Sun Shine Co (TPE:1475) is currently considered Possible Value Trap. The stock's GF Value™ is NT$39.24, compared to a current price of NT$27.15 — trading 30.8% below its estimated fair value. The current Beneish M-Score is -2.47. Big Sun Shine Co's overall GF Score™ is 78/100 with 5 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 Big Sun Shine Co (TPE:1475), the current Beneish M-Score is -2.47 as of Jul. 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 Big Sun Shine Co (TPE:1475) Overvalued in 2026?
Based on GuruFocus' analysis, Big Sun Shine Co stock appears to be undervalued.
The current stock price of NT$27.15 is trading 30.8% below its estimated GF Value™ of NT$39.24.
GuruFocus considers Big Sun Shine Co to be Possible Value Trap.
Key valuation signals for TPE:1475:
Beneish M-Score: -2.47
GF Value™: NT$39.24 vs. price of NT$27.15 (30.8% below fair value)
No single metric tells the full story. See the TPE:1475 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Big Sun Shine Co Ltd is engaged in cloth dyeing and finishing, weaving and trading of various textiles, processing and wholesale and trading of dyes, pigments and industrial additives. Its products include Jacquard/Dobby, Yarn Dyed/Piece Dyed, Fire Retardant, Anti-Microbial, Anti-Odor, Anti-UV, and Insulation Fabric. Geographically it operates in Taiwan, Vietnam, Cambodia, Bangladesh, Jordan, and Others with majority of revenue deriving from Taiwan.
78GF Score
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