Lintes Technology Co (TPE:6715) Beneish M-Score: -3.02 (As of Jul. 21, 2026)

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TPE:6715 Lintes Technology Co Ltd TPE:6715
57 GF Score
Price NT$375.00
GF Value NT$85.86
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Lintes Technology Co Beneish M-Score?

Lintes Technology Co TPE:6715 -4.09% 57 Beneish M-Score is -3.02 as of Jul. 21, 2026. GuruFocus rates TPE:6715 with a GF Score™ of 57/100 and a GF Value™ of NT$85.86 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,405 Hardware companies, Lintes Technology Co ranks better than 83.08% 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 -3.02 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

TPE:6715' s Beneish M-Score Range Over the Past 10 Years
Min: -3.25   Med: -2.78   Max: -1.94
Current: -3.02

During the past 11 years, the highest Beneish M-Score of Lintes Technology Co was -1.94. The lowest was -3.25. And the median was -2.78.


Lintes Technology Co Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Lintes Technology 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.

Lintes Technology Co Beneish M-Score Chart

Lintes Technology 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 -2.23 -1.94 -3.25 -2.78 -3.02

Lintes Technology Co 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 -2.78 -2.69 -2.61 -2.76 -3.02

TPE:6715 vs CSCO, CIEN, MSI: Beneish M-Score Comparison

For the Communication Equipment subindustry, Lintes Technology 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.


Lintes Technology Co Beneish M-Score vs Hardware Industry

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

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


TPE:6715
57GF Score
Lintes Technology Co Ltd TPE:6715
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lintes Technology 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 Lintes Technology 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 * 0.9527+0.528 * 1.0336+0.404 * 0.9909+0.892 * 0.749+0.115 * 0.989
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.1989+4.679 * -0.043554-0.327 * 1.1392
=-3.02

* 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$577 Mil.
Revenue was 446.843 + 307.469 + 491.45 + 434.626 = NT$1,680 Mil.
Gross Profit was 171.788 + 84.594 + 213.727 + 153.444 = NT$624 Mil.
Total Current Assets was NT$2,667 Mil.
Total Assets was NT$4,580 Mil.
Property, Plant and Equipment(Net PPE) was NT$1,539 Mil.
Depreciation, Depletion and Amortization(DDA) was NT$132 Mil.
Selling, General, & Admin. Expense(SGA) was NT$251 Mil.
Total Current Liabilities was NT$690 Mil.
Long-Term Debt & Capital Lease Obligation was NT$297 Mil.
Net Income was 41.571 + 2.131 + 29.628 + 45.767 = NT$119 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = NT$0 Mil.
Cash Flow from Operations was 62.269 + -23.727 + 117.656 + 162.376 = NT$319 Mil.
Total Receivables was NT$808 Mil.
Revenue was 548.341 + 580.566 + 558.493 + 556.109 = NT$2,244 Mil.
Gross Profit was 161.285 + 226.193 + 241.607 + 231.442 = NT$861 Mil.
Total Current Assets was NT$2,764 Mil.
Total Assets was NT$4,698 Mil.
Property, Plant and Equipment(Net PPE) was NT$1,547 Mil.
Depreciation, Depletion and Amortization(DDA) was NT$131 Mil.
Selling, General, & Admin. Expense(SGA) was NT$279 Mil.
Total Current Liabilities was NT$589 Mil.
Long-Term Debt & Capital Lease Obligation was NT$299 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)
=(576.52 / 1680.388) / (807.895 / 2243.509)
=0.343087 / 0.360103
=0.9527

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)
=(860.527 / 2243.509) / (623.553 / 1680.388)
=0.383563 / 0.371077
=1.0336

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 - (2667.159 + 1538.77) / 4579.948) / (1 - (2763.86 + 1547.352) / 4698.448)
=0.081664 / 0.082418
=0.9909

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
=1680.388 / 2243.509
=0.749

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))
=(131.099 / (131.099 + 1547.352)) / (131.947 / (131.947 + 1538.77))
=0.078107 / 0.078976
=0.989

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)
=(250.599 / 1680.388) / (279.066 / 2243.509)
=0.149132 / 0.124388
=1.1989

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)
=((296.61 + 689.784) / 4579.948) / ((299.121 + 589.152) / 4698.448)
=0.215372 / 0.189057
=1.1392

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
=(119.097 - 0 - 318.574) / 4579.948
=-0.043554

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.

Lintes Technology Co has a M-score of -3.02 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 -3.02 mean?
Lintes Technology Co (TPE:6715) has a Beneish M-Score of -3.02 as of Jul. 21, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Lintes Technology Co and its competitors. According to the industry distribution chart, Lintes Technology Co ranks #407 out of 2405 companies in the Hardware industry, placing it in the top 16.9%.
Is Lintes Technology Co's Beneish M-Score too high?
Lintes Technology Co's current Beneish M-Score is -3.02. Based on the distribution chart, Lintes Technology Co ranks #407 out of 2405 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Lintes Technology Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lintes Technology Co's Beneish M-Score compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Lintes Technology Co ranks #407 out of 2405 companies for Beneish M-Score. This places Lintes Technology Co in the top 17% 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 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 Lintes Technology Co and its competitors. Lintes Technology Co's current Beneish M-Score is -3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lintes Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Lintes Technology Co (TPE:6715) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$85.86, compared to a current price of NT$375.00 — trading 336.8% above its estimated fair value. The current Beneish M-Score is -3.02. Lintes Technology Co's overall GF Score™ is 57/100 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 Lintes Technology Co (TPE:6715), the current Beneish M-Score is -3.02 as of Jul. 21, 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 Lintes Technology Co (TPE:6715) Overvalued in 2026?

Based on GuruFocus' analysis, Lintes Technology Co stock appears to be overvalued. The current stock price of NT$375.00 is trading 336.8% above its estimated GF Value™ of NT$85.86. GuruFocus considers Lintes Technology Co to be Significantly Overvalued.

Key valuation signals for TPE:6715:

  • Beneish M-Score: -3.02
  • GF Value™: NT$85.86 vs. price of NT$375.00 (336.8% above fair value)
  • GF Score™: 57/100 with 6 warning signs

No single metric tells the full story. See the TPE:6715 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lintes Technology Co Business Description

Address Number 166, Jian 1st Road, 12th Floor, Zhonghe District, New Taipei City, TWN, 235
Lintes Technology Co Ltd is a Taiwan-based company engaged in developing peripheral products. The company's main business is the manufacture, processing, buying and selling of wires and cables, electrical appliances and audio-visual electronic products, electronic components, and import and export trading. Its products include transceiver cables (SFP+DAC, QSFP+DAC), active optical cables (AOC), USB Type-C/Thunderbolt docks/hubs/adapters, vehicle cables, and high-speed internal connectors/optical engines.
57GF Score

Get the complete analysis for TPE:6715

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

NT$375.00
Price
NT$85.86
GF Value