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Roo Hsing Garment CoTPE:4414 61 Beneish M-Score is -3.21 as of Jul. 15, 2026. GuruFocus rates TPE:4414 with a GF Score™ of 61/100 and a GF Value™ of NT$10.59 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 998 Manufacturing - Apparel & Accessories companies, Roo Hsing Garment Co ranks better than 87.58% 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 -3.21 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Roo Hsing Garment Co's Beneish M-Score or its related term are showing as below:
TPE:4414'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.62 Med: -3 Max: 1.8
Current: -3.21
During the past 13 years, the highest Beneish M-Score of Roo Hsing Garment Co was 1.80. The lowest was -3.62. And the median was -3.00.
Roo Hsing Garment Co Beneish M-Score Related Terms
Roo Hsing Garment Co Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Roo Hsing Garment 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.
TPE:4414 vs RL, LEVI, VFC: Beneish M-Score Comparison
For the Apparel Manufacturing subindustry, Roo Hsing Garment 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.
Roo Hsing Garment Co Beneish M-Score vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Roo Hsing Garment Co's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Roo Hsing Garment 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 Roo Hsing Garment 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 * 0.7005
+
0.528 * 0.8533
+
0.404 * 1.0167
+
0.892 * 0.9463
+
0.115 * 1.1593
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.0799
+
4.679 * -0.073987
-
0.327 * 0.983
=
-3.21
* 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))
=
(533.637 / (533.637 + 2624.308))
/
(486.176 / (486.176 + 2849.153))
=
0.168982
/
0.145766
=
1.1593
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
=
(169.756 - 0
-
1162.134)
/
13412.908
=
-0.073987
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.
Roo Hsing Garment Co has a M-score of -3.21 suggests that the company is unlikely to be a manipulator.
Roo Hsing Garment Co (TPE:4414) has a Beneish M-Score of -3.21 as of Jul. 15, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Roo Hsing Garment Co and its competitors. According to the industry distribution chart, Roo Hsing Garment Co ranks #124 out of 998 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12.4%.
Is Roo Hsing Garment Co's Beneish M-Score too high?
Roo Hsing Garment Co's current Beneish M-Score is -3.21. Based on the distribution chart, Roo Hsing Garment Co ranks #124 out of 998 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Roo Hsing Garment Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Roo Hsing Garment Co's Beneish M-Score compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Roo Hsing Garment Co ranks #124 out of 998 companies for Beneish M-Score. This places Roo Hsing Garment Co in the top 12% of its industry — outperforming the majority of peers. 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 Roo Hsing Garment Co and its competitors. Roo Hsing Garment Co's current Beneish M-Score is -3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Roo Hsing Garment Co stock overvalued right now?
Based on GuruFocus' analysis, Roo Hsing Garment Co (TPE:4414) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$10.59, compared to a current price of NT$8.47 — trading 20% below its estimated fair value. The current Beneish M-Score is -3.21. Roo Hsing Garment Co's overall GF Score™ is 61/100 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 Roo Hsing Garment Co (TPE:4414), the current Beneish M-Score is -3.21 as of Jul. 15, 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 Roo Hsing Garment Co (TPE:4414) Overvalued in 2026?
Based on GuruFocus' analysis, Roo Hsing Garment Co stock appears to be undervalued.
The current stock price of NT$8.47 is trading 20% below its estimated GF Value™ of NT$10.59.
GuruFocus considers Roo Hsing Garment Co to be Modestly Undervalued.
Key valuation signals for TPE:4414:
Beneish M-Score: -3.21
GF Value™: NT$10.59 vs. price of NT$8.47 (20% below fair value)
No single metric tells the full story. See the TPE:4414 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Roo Hsing Garment Co Ltd is engaged in manufacturing and processing a variety of garments, including knitted, woven, cotton, wool, and leather apparel. The company is involved in trading and international import-export of clothing and accessories. Additionally, it serves as an agent for domestic and international manufacturers, assisting with bidding, quotations, procurement, and distribution. Along with its subsidiaries, the company operates in the following reportable segments: Production and sales department, which derives maximum revenue, the Lease department, and the Trade marketing department. Geographically, the group generates maximum revenue from America, followed by Asia and Europe.
61GF Score
Get the complete analysis for TPE:4414
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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