UCrest Bhd (XKLS:0005) Beneish M-Score: -1.12 (As of Jul. 27, 2026)

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What is UCrest Bhd Beneish M-Score?

UCrest Bhd XKLS:0005 Beneish M-Score is -1.12 as of Jul. 27, 2026. The stock has 3 warning signs investors should review. Among 626 Healthcare Providers & Services companies, UCrest Bhd ranks worse than 91.53% 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.

Warning Sign:

Beneish M-Score -1.12 higher than -1.78, which implies that the company might have manipulated its financial results.

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

XKLS:0005' s Beneish M-Score Range Over the Past 10 Years
Min: -7.79   Med: -1.21   Max: 2.78
Current: -1.12

During the past 13 years, the highest Beneish M-Score of UCrest Bhd was 2.78. The lowest was -7.79. And the median was -1.21.

UCrest Bhd Beneish M-Score Historical Data

* Premium members only.

The historical data trend for UCrest Bhd'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.

UCrest Bhd Beneish M-Score Chart

UCrest Bhd Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.79 1.99 -1.29 -1.80 -1.12

UCrest Bhd Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -1.80 -0.95 -1.36 -2.31 -1.12

XKLS:0005 vs VEEV, BTSG, HQY: Beneish M-Score Comparison

For the Health Information Services subindustry, UCrest Bhd'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.

UCrest Bhd Beneish M-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, UCrest Bhd's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where UCrest Bhd's Beneish M-Score falls into.


UCrest Bhd 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 UCrest Bhd 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 * 2.6869+0.528 * 1.0947+0.404 * 0.7182+0.892 * 0.7569+0.115 * 1.3773
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.3635+4.679 * 0.016384-0.327 * 0.9159
=-1.12

* 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 (May26) TTM:Last Year (May25) TTM:
Total Receivables was RM23.02 Mil.
Revenue was 4.264 + 3.594 + 2.789 + 3.31 = RM13.96 Mil.
Gross Profit was 0.65 + 0.539 + 0.521 + 0.535 = RM2.25 Mil.
Total Current Assets was RM32.81 Mil.
Total Assets was RM47.67 Mil.
Property, Plant and Equipment(Net PPE) was RM0.37 Mil.
Depreciation, Depletion and Amortization(DDA) was RM0.87 Mil.
Selling, General, & Admin. Expense(SGA) was RM4.51 Mil.
Total Current Liabilities was RM5.70 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.00 Mil.
Net Income was -0.617 + -0.795 + 0.569 + 1.112 = RM0.27 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = RM0.00 Mil.
Cash Flow from Operations was -1.368 + 1.259 + 2.066 + -2.469 = RM-0.51 Mil.
 Total Receivables was RM11.32 Mil.
Revenue was 4.662 + 6.515 + 4.617 + 2.646 = RM18.44 Mil.
Gross Profit was 0.618 + 1.111 + 1.011 + 0.507 = RM3.25 Mil.
Total Current Assets was RM29.36 Mil.
Total Assets was RM50.97 Mil.
Property, Plant and Equipment(Net PPE) was RM0.05 Mil.
Depreciation, Depletion and Amortization(DDA) was RM1.27 Mil.
Selling, General, & Admin. Expense(SGA) was RM4.37 Mil.
Total Current Liabilities was RM6.66 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.00 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)
=(23.019 / 13.957) / (11.319 / 18.44)
=1.64928 / 0.613829
=2.6869

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)
=(3.247 / 18.44) / (2.245 / 13.957)
=0.176085 / 0.160851
=1.0947

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 - (32.812 + 0.373) / 47.669) / (1 - (29.357 + 0.047) / 50.965)
=0.303845 / 0.423055
=0.7182

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
=13.957 / 18.44
=0.7569

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))
=(1.271 / (1.271 + 0.047)) / (0.871 / (0.871 + 0.373))
=0.96434 / 0.700161
=1.3773

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)
=(4.512 / 13.957) / (4.372 / 18.44)
=0.323279 / 0.237093
=1.3635

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)
=((0 + 5.703) / 47.669) / ((0 + 6.657) / 50.965)
=0.119638 / 0.130619
=0.9159

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
=(0.269 - 0 - -0.512) / 47.669
=0.016384

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.

UCrest Bhd has a M-score of -1.12 signals that the company is likely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -1.12 mean?
UCrest Bhd (XKLS:0005) has a Beneish M-Score of -1.12 as of Jul. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on UCrest Bhd and its competitors. According to the industry distribution chart, UCrest Bhd ranks #573 out of 626 companies in the Healthcare Providers & Services industry, placing it in the top 91.5%.
Is UCrest Bhd's Beneish M-Score too high?
UCrest Bhd's current Beneish M-Score is -1.12. Based on the distribution chart, UCrest Bhd ranks #573 out of 626 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers.
How does UCrest Bhd's Beneish M-Score compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, UCrest Bhd ranks #573 out of 626 companies for Beneish M-Score. This places UCrest Bhd 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 Healthcare Providers & Services company?
A good Beneish M-Score depends on the Healthcare Providers & Services 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 UCrest Bhd and its competitors. UCrest Bhd's current Beneish M-Score is -1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UCrest Bhd stock overvalued right now?
Based on GuruFocus' analysis, UCrest Bhd (XKLS:0005) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.08, compared to a current price of RM0.07 — trading 18.8% below its estimated fair value. The current Beneish M-Score is -1.12. 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 UCrest Bhd (XKLS:0005), the current Beneish M-Score is -1.12 as of Jul. 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.

UCrest Bhd Business Description

Address 8, First Avenue, Bandar Utama, 6th Floor, Unit 4, Petaling Jaya, SGR, MYS, 47800
UCrest Bhd is a technology provider company that engages in network design, product development, and software development. The firm provider of Cloud Hospital and mobile health services. The company offers an i-Medic platform for diagnosis, management, and treatment of chronic diseases such as cardiovascular diseases (CVD), cancer, diabetes, hypertension, sleep apnea, stroke rehabilitation, and other diseases.