General Interface Solution (GIS) Holding (TPE:6456) Beneish M-Score: -2.66 (As of Jul. 14, 2026)

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TPE:6456 General Interface Solution (GIS) Holding Ltd TPE:6456
64 GF Score
Price NT$70.60
GF Value NT$45.47
Valuation Significantly Overvalued
! 3 Warning Signs
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What is General Interface Solution (GIS) Holding Beneish M-Score?

General Interface Solution (GIS) Holding TPE:6456 -0.14% 64 Beneish M-Score is -2.66 as of Jul. 14, 2026. GuruFocus rates TPE:6456 with a GF Score™ of 64/100 and a GF Value™ of NT$45.47 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,408 Hardware companies, General Interface Solution (GIS) Holding ranks better than 65.86% 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 -2.66 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for General Interface Solution (GIS) Holding's Beneish M-Score or its related term are showing as below:

TPE:6456' s Beneish M-Score Range Over the Past 10 Years
Min: -3.43   Med: -2.58   Max: -1.51
Current: -2.66

During the past 13 years, the highest Beneish M-Score of General Interface Solution (GIS) Holding was -1.51. The lowest was -3.43. And the median was -2.58.


General Interface Solution (GIS) Holding Beneish M-Score Historical Data

* Premium members only.

The historical data trend for General Interface Solution (GIS) Holding'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.

General Interface Solution (GIS) Holding Beneish M-Score Chart

General Interface Solution (GIS) Holding 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 -2.56 -2.61 -2.14 -2.60 -2.66

General Interface Solution (GIS) Holding Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -2.60 -2.86 -2.70 -3.06 -2.66

TPE:6456 vs APH, GLW: Beneish M-Score Comparison

For the Electronic Components subindustry, General Interface Solution (GIS) Holding'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.


General Interface Solution (GIS) Holding Beneish M-Score vs Hardware Industry

For the Hardware industry and Technology sector, General Interface Solution (GIS) Holding's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where General Interface Solution (GIS) Holding's Beneish M-Score falls into.


TPE:6456
64GF Score
General Interface Solution (GIS) Holding Ltd TPE:6456
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

General Interface Solution (GIS) Holding 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 General Interface Solution (GIS) Holding 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 * 0.812+0.528 * 1.1229+0.404 * 1.1725+0.892 * 0.9542+0.115 * 1.1349
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9572+4.679 * -0.02997-0.327 * 0.945
=-2.66

* 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$16,518 Mil.
Revenue was 16415.526 + 16143.41 + 19038.283 + 15187.085 = NT$66,784 Mil.
Gross Profit was 940.691 + 1045.881 + 1314.043 + 1058.364 = NT$4,359 Mil.
Total Current Assets was NT$48,524 Mil.
Total Assets was NT$65,046 Mil.
Property, Plant and Equipment(Net PPE) was NT$14,229 Mil.
Depreciation, Depletion and Amortization(DDA) was NT$3,304 Mil.
Selling, General, & Admin. Expense(SGA) was NT$2,519 Mil.
Total Current Liabilities was NT$27,925 Mil.
Long-Term Debt & Capital Lease Obligation was NT$7,039 Mil.
Net Income was -137.39 + -95.687 + 42.234 + -72.095 = NT$-263 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = NT$0 Mil.
Cash Flow from Operations was -491.941 + 1359.264 + 882.466 + -63.305 = NT$1,686 Mil.
Total Receivables was NT$21,319 Mil.
Revenue was 20255.146 + 18371.466 + 16252.264 + 15107.542 = NT$69,986 Mil.
Gross Profit was 1637.474 + 1101.898 + 1090.967 + 1299.033 = NT$5,129 Mil.
Total Current Assets was NT$54,183 Mil.
Total Assets was NT$70,973 Mil.
Property, Plant and Equipment(Net PPE) was NT$14,656 Mil.
Depreciation, Depletion and Amortization(DDA) was NT$3,988 Mil.
Selling, General, & Admin. Expense(SGA) was NT$2,758 Mil.
Total Current Liabilities was NT$29,854 Mil.
Long-Term Debt & Capital Lease Obligation was NT$10,514 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)
=(16518.268 / 66784.304) / (21319.358 / 69986.418)
=0.247338 / 0.304621
=0.812

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)
=(5129.372 / 69986.418) / (4358.979 / 66784.304)
=0.073291 / 0.06527
=1.1229

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 - (48523.969 + 14228.791) / 65045.686) / (1 - (54182.761 + 14656.43) / 70972.925)
=0.035251 / 0.030064
=1.1725

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
=66784.304 / 69986.418
=0.9542

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))
=(3987.514 / (3987.514 + 14656.43)) / (3304.032 / (3304.032 + 14228.791))
=0.213877 / 0.188448
=1.1349

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)
=(2518.957 / 66784.304) / (2757.757 / 69986.418)
=0.037718 / 0.039404
=0.9572

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)
=((7038.574 + 27925.054) / 65045.686) / ((10513.998 + 29853.932) / 70972.925)
=0.537524 / 0.568779
=0.945

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
=(-262.938 - 0 - 1686.484) / 65045.686
=-0.02997

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.

General Interface Solution (GIS) Holding has a M-score of -2.66 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 -2.66 mean?
General Interface Solution (GIS) Holding (TPE:6456) has a Beneish M-Score of -2.66 as of Jul. 14, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on General Interface Solution (GIS) Holding and its competitors. According to the industry distribution chart, General Interface Solution (GIS) Holding ranks #822 out of 2408 companies in the Hardware industry, placing it in the top 34.1%.
Is General Interface Solution (GIS) Holding's Beneish M-Score too high?
General Interface Solution (GIS) Holding's current Beneish M-Score is -2.66. Based on the distribution chart, General Interface Solution (GIS) Holding ranks #822 out of 2408 companies in the Hardware industry, which is above the industry midpoint. Overall, General Interface Solution (GIS) Holding has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does General Interface Solution (GIS) Holding's Beneish M-Score compare to APH and GLW?
According to the Hardware industry distribution chart, General Interface Solution (GIS) Holding ranks #822 out of 2408 companies for Beneish M-Score. This puts General Interface Solution (GIS) Holding 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 General Interface Solution (GIS) Holding and its competitors. General Interface Solution (GIS) Holding's current Beneish M-Score is -2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Interface Solution (GIS) Holding stock overvalued right now?
Based on GuruFocus' analysis, General Interface Solution (GIS) Holding (TPE:6456) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$45.47, compared to a current price of NT$70.60 — trading 55.3% above its estimated fair value. The current Beneish M-Score is -2.66. General Interface Solution (GIS) Holding's overall GF Score™ is 64/100 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 General Interface Solution (GIS) Holding (TPE:6456), the current Beneish M-Score is -2.66 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 General Interface Solution (GIS) Holding (TPE:6456) Overvalued in 2026?

Based on GuruFocus' analysis, General Interface Solution (GIS) Holding stock appears to be overvalued. The current stock price of NT$70.60 is trading 55.3% above its estimated GF Value™ of NT$45.47. GuruFocus considers General Interface Solution (GIS) Holding to be Significantly Overvalued.

Key valuation signals for TPE:6456:

  • Beneish M-Score: -2.66
  • GF Value™: NT$45.47 vs. price of NT$70.60 (55.3% above fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the TPE:6456 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


General Interface Solution (GIS) Holding Business Description

Address Kezhong Road, 8th Floor, No. 12, Miaoli County, Zhunan, TWN, 350401
General Interface Solution (GIS) Holding Ltd is a touch display solutions provider based in China. The company's product portfolio includes touch sensors and LCD modules. The company provides business combined solutions that provides cover glass, touch sensors, and display modules. The company generates revenue from manufacturing of touch and monitor modules. The company operates in the United States, Japan, Taiwan, China, and other countries, out of which the majority of the revenue is generated from the United States.
64GF Score

Get the complete analysis for TPE:6456

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

NT$70.60
Price
NT$45.47
GF Value