WYHG (Wing Yip Food Holdings Group) Beneish M-Score: -2.42 (As of Jun. 27, 2026)


WYHG Wing Yip Food Holdings Group Ltd WYHG
48 GF Score
Price $3.71
GF Value $11.86
Valuation Possible Value Trap
! 7 Warning Signs
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What is Wing Yip Food Holdings Group Beneish M-Score?

Wing Yip Food Holdings Group WYHG -10.20% 48 Beneish M-Score is -2.42 as of Jun. 27, 2026. GuruFocus rates WYHG with a GF Score™ of 48/100 and a GF Value™ of $11.86 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,849 Consumer Packaged Goods companies, Wing Yip Food Holdings Group ranks worse than 59.76% 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 -2.42 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Wing Yip Food Holdings Group's Beneish M-Score or its related term are showing as below:

WYHG' s Beneish M-Score Range Over the Past 10 Years
Min: -3.11   Med: -2.36   Max: -0.74
Current: -2.42

During the past 9 years, the highest Beneish M-Score of Wing Yip Food Holdings Group was -0.74. The lowest was -3.11. And the median was -2.36.


Wing Yip Food Holdings Group Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Wing Yip Food Holdings Group'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.

Wing Yip Food Holdings Group Beneish M-Score Chart

Wing Yip Food Holdings Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only -2.99 -2.44 -0.68 -2.26 -2.41

Wing Yip Food Holdings Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -1.29 -1.45 -1.58 -2.41 -2.42

WYHG vs KHC, GIS: Beneish M-Score Comparison

For the Packaged Foods subindustry, Wing Yip Food Holdings Group'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.


Wing Yip Food Holdings Group Beneish M-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wing Yip Food Holdings Group's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Wing Yip Food Holdings Group's Beneish M-Score falls into.


WYHG
48GF Score
Wing Yip Food Holdings Group Ltd WYHG
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Wing Yip Food Holdings Group 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 Wing Yip Food Holdings Group 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 * 1.0725+0.528 * 1.0484+0.404 * 0.1701+0.892 * 0.8681+0.115 * 1.0934
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.3334+4.679 * 0.08965-0.327 * 0.9302
=-2.44

* 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was $8.4 Mil.
Revenue was 31.803 + 30.968 + 31.568 + 35.278 = $129.6 Mil.
Gross Profit was 9.075 + 9.782 + 7.649 + 10.126 = $36.6 Mil.
Total Current Assets was $134.4 Mil.
Total Assets was $215.6 Mil.
Property, Plant and Equipment(Net PPE) was $81.0 Mil.
Depreciation, Depletion and Amortization(DDA) was $5.9 Mil.
Selling, General, & Admin. Expense(SGA) was $24.5 Mil.
Total Current Liabilities was $23.9 Mil.
Long-Term Debt & Capital Lease Obligation was $15.4 Mil.
Net Income was 0.48 + 3.065 + -0.082 + 2.376 = $5.8 Mil.
Non Operating Income was -0.841 + 0.135 + 0.09 + 0.236 = $-0.4 Mil.
Cash Flow from Operations was 4.505 + -28.325 + -0.995 + 11.705 = $-13.1 Mil.
Total Receivables was $9.0 Mil.
Revenue was 34.432 + 43.231 + 37.636 + 34.016 = $149.3 Mil.
Gross Profit was 11.099 + 12.507 + 9.798 + 10.839 = $44.2 Mil.
Total Current Assets was $123.2 Mil.
Total Assets was $202.1 Mil.
Property, Plant and Equipment(Net PPE) was $78.1 Mil.
Depreciation, Depletion and Amortization(DDA) was $6.2 Mil.
Selling, General, & Admin. Expense(SGA) was $21.2 Mil.
Total Current Liabilities was $33.1 Mil.
Long-Term Debt & Capital Lease Obligation was $6.6 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)
=(8.416 / 129.617) / (9.04 / 149.315)
=0.06493 / 0.060543
=1.0725

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)
=(44.243 / 149.315) / (36.632 / 129.617)
=0.296306 / 0.282617
=1.0484

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 - (134.413 + 81.044) / 215.606) / (1 - (123.229 + 78.055) / 202.105)
=0.000691 / 0.004062
=0.1701

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
=129.617 / 149.315
=0.8681

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))
=(6.216 / (6.216 + 78.055)) / (5.863 / (5.863 + 81.044))
=0.073762 / 0.067463
=1.0934

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)
=(24.506 / 129.617) / (21.171 / 149.315)
=0.189065 / 0.141787
=1.3334

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)
=((15.41 + 23.926) / 215.606) / ((6.587 + 33.053) / 202.105)
=0.182444 / 0.196136
=0.9302

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
=(5.839 - -0.38 - -13.11) / 215.606
=0.08965

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.

Wing Yip Food Holdings Group has a M-score of -2.44 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 -2.42 mean?
Wing Yip Food Holdings Group (WYHG) has a Beneish M-Score of -2.42 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Wing Yip Food Holdings Group and its competitors. According to the industry distribution chart, Wing Yip Food Holdings Group ranks #1105 out of 1849 companies in the Consumer Packaged Goods industry, placing it in the top 59.8%.
Is Wing Yip Food Holdings Group's Beneish M-Score too high?
Wing Yip Food Holdings Group's current Beneish M-Score is -2.42. Based on the distribution chart, Wing Yip Food Holdings Group ranks #1105 out of 1849 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Wing Yip Food Holdings Group has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wing Yip Food Holdings Group's Beneish M-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Wing Yip Food Holdings Group ranks #1105 out of 1849 companies for Beneish M-Score. This places Wing Yip Food Holdings Group 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 Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods 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 Wing Yip Food Holdings Group and its competitors. Wing Yip Food Holdings Group's current Beneish M-Score is -2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wing Yip Food Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, Wing Yip Food Holdings Group (WYHG) is currently considered Possible Value Trap. The stock's GF Value™ is $11.86, compared to a current price of $3.71 — trading 68.7% below its estimated fair value. The current Beneish M-Score is -2.42. Wing Yip Food Holdings Group's overall GF Score™ is 48/100 with 7 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 Wing Yip Food Holdings Group (WYHG), the current Beneish M-Score is -2.42 as of Jun. 27, 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 Wing Yip Food Holdings Group (WYHG) Overvalued in 2026?

Based on GuruFocus' analysis, Wing Yip Food Holdings Group stock appears to be undervalued. The current stock price of $3.71 is trading 68.7% below its estimated GF Value™ of $11.86. GuruFocus considers Wing Yip Food Holdings Group to be Possible Value Trap.

Key valuation signals for WYHG:

  • Beneish M-Score: -2.42
  • GF Value™: $11.86 vs. price of $3.71 (68.7% below fair value)
  • GF Score™: 48/100 with 7 warning signs

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


Wing Yip Food Holdings Group Business Description

Other Exchanges 900340:Korea
Address No. 9, Guanxian North Road, Huangpu Town, Guangdong Province, Zhongshan, CHN, 528429
Wing Yip Food Holdings Group Ltd is a notable meat product processing company in China. The main categories of products are cured meat products, including cured pork sausages, cured pork meat and other cured meat products, such as cured chicken, cured duck and cured fish; snack products, including ready-to-eat sausages, jerky, duck necks, duck feet and claypot rice; and frozen meat products, including frozen sausages, frozen beef patties and frozen chicken breast fillets.
48GF Score

Get the complete analysis for WYHG

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

$3.71
Price
$11.86
GF Value