Wieson Technologies Co (TPE:6272) Beneish M-Score: -2.56 (As of Jul. 11, 2026)


TPE:6272 Wieson Technologies Co Ltd TPE:6272
75 GF Score
Price NT$31.45
GF Value NT$52.94
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Wieson Technologies Co Beneish M-Score?

Wieson Technologies Co TPE:6272 75 Beneish M-Score is -2.56 as of Jul. 11, 2026. GuruFocus rates TPE:6272 with a GF Score™ of 75/100 and a GF Value™ of NT$52.94 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,405 Hardware companies, Wieson Technologies Co ranks better than 57.51% 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 -2.56 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Wieson Technologies Co's Beneish M-Score or its related term are showing as below:

TPE:6272' s Beneish M-Score Range Over the Past 10 Years
Min: -2.56   Med: -2.56   Max: -2.56
Current: -2.56

During the past 13 years, the highest Beneish M-Score of Wieson Technologies Co was -2.56. The lowest was -2.56. And the median was -2.56.


Wieson Technologies Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Wieson Technologies 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.

Wieson Technologies Co Beneish M-Score Chart

Wieson Technologies Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -2.56

Wieson Technologies Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -1.70 0.00 -2.56

TPE:6272 vs APH, GLW: Beneish M-Score Comparison

For the Electronic Components subindustry, Wieson Technologies 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.


Wieson Technologies Co Beneish M-Score vs Hardware Industry

For the Hardware industry and Technology sector, Wieson Technologies Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Wieson Technologies Co's Beneish M-Score falls into.


TPE:6272
75GF Score
Wieson Technologies Co Ltd TPE:6272
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wieson Technologies Co Beneish M-Score Calculation

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 Wieson Technologies 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 * 0.7835+0.528 * 0.9636+0.404 * 0.855+0.892 * 1.3088+0.115 * 1.0817
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9187+4.679 * -0.032807-0.327 * 0.8337
=-2.56

* 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.

This Year (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was NT$1,383 Mil.
Revenue was 973.68 + 1093.537 + 1029.833 + 938.542 = NT$4,036 Mil.
Gross Profit was 235.445 + 301.843 + 277.675 + 250.541 = NT$1,066 Mil.
Total Current Assets was NT$2,708 Mil.
Total Assets was NT$4,363 Mil.
Property, Plant and Equipment(Net PPE) was NT$1,468 Mil.
Depreciation, Depletion and Amortization(DDA) was NT$133 Mil.
Selling, General, & Admin. Expense(SGA) was NT$520 Mil.
Total Current Liabilities was NT$1,527 Mil.
Long-Term Debt & Capital Lease Obligation was NT$498 Mil.
Net Income was 36.891 + 96.719 + 53.796 + 62.84 = NT$250 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = NT$0 Mil.
Cash Flow from Operations was 197.266 + 73.893 + 157.246 + -35.014 = NT$393 Mil.
Total Receivables was NT$1,348 Mil.
Revenue was 916.095 + 768.994 + 755.916 + 642.415 = NT$3,083 Mil.
Gross Profit was 251.654 + 194.043 + 178.566 + 160.194 = NT$784 Mil.
Total Current Assets was NT$2,279 Mil.
Total Assets was NT$3,806 Mil.
Property, Plant and Equipment(Net PPE) was NT$1,336 Mil.
Depreciation, Depletion and Amortization(DDA) was NT$132 Mil.
Selling, General, & Admin. Expense(SGA) was NT$433 Mil.
Total Current Liabilities was NT$1,510 Mil.
Long-Term Debt & Capital Lease Obligation was NT$608 Mil.




1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(1382.521 / 4035.592) / (1348.282 / 3083.42)
=0.342582 / 0.437268
=0.7835

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(784.457 / 3083.42) / (1065.504 / 4035.592)
=0.254411 / 0.264027
=0.9636

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (2707.802 + 1468.278) / 4363.26) / (1 - (2278.736 + 1335.945) / 3805.638)
=0.042899 / 0.050177
=0.855

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

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.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=4035.592 / 3083.42
=1.3088

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

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))
=(131.901 / (131.901 + 1335.945)) / (133.028 / (133.028 + 1468.278))
=0.08986 / 0.083075
=1.0817

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

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(520.321 / 4035.592) / (432.737 / 3083.42)
=0.128933 / 0.140343
=0.9187

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((497.524 + 1526.765) / 4363.26) / ((607.831 + 1510) / 3805.638)
=0.46394 / 0.556498
=0.8337

8. TATA = Total Accruals to Total Assets

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
=(250.246 - 0 - 393.391) / 4363.26
=-0.032807

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.

Wieson Technologies Co has a M-score of -2.56 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -2.56 mean?
Wieson Technologies Co (TPE:6272) has a Beneish M-Score of -2.56 as of Jul. 11, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Wieson Technologies Co and its competitors. According to the industry distribution chart, Wieson Technologies Co ranks #1022 out of 2405 companies in the Hardware industry, placing it in the top 42.5%.
Is Wieson Technologies Co's Beneish M-Score too high?
Wieson Technologies Co's current Beneish M-Score is -2.56. Based on the distribution chart, Wieson Technologies Co ranks #1022 out of 2405 companies in the Hardware industry, which is above the industry midpoint. Overall, Wieson Technologies Co has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wieson Technologies Co's Beneish M-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Wieson Technologies Co ranks #1022 out of 2405 companies for Beneish M-Score. This puts Wieson Technologies Co 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 Hardware company?
A good Beneish M-Score depends on the Hardware 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 Wieson Technologies Co and its competitors. Wieson Technologies Co's current Beneish M-Score is -2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wieson Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Wieson Technologies Co (TPE:6272) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$52.94, compared to a current price of NT$31.45 — trading 40.6% below its estimated fair value. The current Beneish M-Score is -2.56. Wieson Technologies Co's overall GF Score™ is 75/100 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 Wieson Technologies Co (TPE:6272), the current Beneish M-Score is -2.56 as of Jul. 11, 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 Wieson Technologies Co (TPE:6272) Overvalued in 2026?

Based on GuruFocus' analysis, Wieson Technologies Co stock appears to be undervalued. The current stock price of NT$31.45 is trading 40.6% below its estimated GF Value™ of NT$52.94. GuruFocus considers Wieson Technologies Co to be Significantly Undervalued.

Key valuation signals for TPE:6272:

  • Beneish M-Score: -2.56
  • GF Value™: NT$52.94 vs. price of NT$31.45 (40.6% below fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the TPE:6272 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wieson Technologies Co Business Description

Address No. 237, Datong Road, 15th Floor-1, Section 1, Xizhi District, New Taipei, TWN, 221
Wieson Technologies Co Ltd is a Taiwan-based company that engages in the manufacture and sale of interconnect components and wireless components. The company's reportable segments include the Interconnect Components Segment, the Automotive Components Segment, and the Other Segment. The company generates the majority of its revenue from the Interconnect Components segment.
75GF Score

Get the complete analysis for TPE:6272

Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$31.45
Price
NT$52.94
GF Value