Osk Ventures International Bhd (XKLS:0053) Beneish M-Score: 1.34 (As of Jul. 04, 2026) — 63% Below Median


XKLS:0053 Osk Ventures International Bhd XKLS:0053
63 GF Score
Price RM0.59
GF Value RM1.97
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Osk Ventures International Bhd Beneish M-Score?

Osk Ventures International Bhd XKLS:0053 -0.85% 63 Beneish M-Score is 1.34 as of Jul. 04, 2026, which is 63% below its 10-year median of 3.62. GuruFocus rates XKLS:0053 with a GF Score™ of 63/100 and a GF Value™ of RM1.97 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 950 Asset Management companies, Osk Ventures International Bhd ranks worse than 89.16% 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 1.34 higher than -1.78, which implies that the company might have manipulated its financial results.

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

XKLS:0053' s Beneish M-Score Range Over the Past 10 Years
Min: -5.69   Med: 3.62   Max: 7273.66
Current: 1.34

During the past 13 years, the highest Beneish M-Score of Osk Ventures International Bhd was 7273.66. The lowest was -5.69. And the median was 3.62.


Osk Ventures International Bhd Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Osk Ventures International 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.

Osk Ventures International Bhd Beneish M-Score Chart

Osk Ventures International Bhd 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 -1.82 3.35 2,036.54 -1.46 3.11

Osk Ventures International Bhd 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 -3.18 -0.17 2.75 3.11 1.34

XKLS:0053 vs BLK, BX, KKR: Beneish M-Score Comparison

For the Asset Management subindustry, Osk Ventures International 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.


Osk Ventures International Bhd Beneish M-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Osk Ventures International Bhd's Beneish M-Score distribution charts can be found below:

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


XKLS:0053
63GF Score
Osk Ventures International Bhd XKLS:0053
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Osk Ventures International 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 Osk Ventures International 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 * 6.9202+0.528 * -10.7902+0.404 * 0.9113+0.892 * 5.8045+0.115 * 0.8049
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.1347+4.679 * 0.051049-0.327 * 1.051
=1.34

* 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 RM28.12 Mil.
Revenue was 11.046 + 0.898 + 0.898 + 2.302 = RM15.14 Mil.
Gross Profit was 1.952 + -0.661 + -0.667 + 0.978 = RM1.60 Mil.
Total Current Assets was RM34.43 Mil.
Total Assets was RM342.73 Mil.
Property, Plant and Equipment(Net PPE) was RM0.31 Mil.
Depreciation, Depletion and Amortization(DDA) was RM0.24 Mil.
Selling, General, & Admin. Expense(SGA) was RM2.68 Mil.
Total Current Liabilities was RM57.03 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.14 Mil.
Net Income was 4.192 + 11.203 + -4.759 + 3.666 = RM14.30 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = RM0.00 Mil.
Cash Flow from Operations was -5.778 + 1.314 + 1.654 + -0.384 = RM-3.19 Mil.
Total Receivables was RM0.70 Mil.
Revenue was 1.507 + 0.46 + 0.352 + 0.29 = RM2.61 Mil.
Gross Profit was -0.801 + -0.781 + -0.721 + -0.675 = RM-2.98 Mil.
Total Current Assets was RM4.00 Mil.
Total Assets was RM322.43 Mil.
Property, Plant and Equipment(Net PPE) was RM0.49 Mil.
Depreciation, Depletion and Amortization(DDA) was RM0.26 Mil.
Selling, General, & Admin. Expense(SGA) was RM3.43 Mil.
Total Current Liabilities was RM51.17 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)
=(28.118 / 15.144) / (0.7 / 2.609)
=1.856709 / 0.268302
=6.9202

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)
=(-2.978 / 2.609) / (1.602 / 15.144)
=-1.141433 / 0.105784
=-10.7902

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 - (34.428 + 0.305) / 342.727) / (1 - (4.003 + 0.486) / 322.43)
=0.898657 / 0.986078
=0.9113

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
=15.144 / 2.609
=5.8045

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))
=(0.262 / (0.262 + 0.486)) / (0.235 / (0.235 + 0.305))
=0.350267 / 0.435185
=0.8049

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)
=(2.679 / 15.144) / (3.427 / 2.609)
=0.176902 / 1.31353
=0.1347

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)
=((0.141 + 57.027) / 342.727) / ((0 + 51.173) / 322.43)
=0.166803 / 0.15871
=1.051

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
=(14.302 - 0 - -3.194) / 342.727
=0.051049

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.

Osk Ventures International Bhd has a M-score of 1.34 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 1.34 mean?
Osk Ventures International Bhd (XKLS:0053) has a Beneish M-Score of 1.34 as of Jul. 04, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Osk Ventures International Bhd and its competitors. This is 63% below median its historical median of 3.62. According to the industry distribution chart, Osk Ventures International Bhd ranks #847 out of 950 companies in the Asset Management industry, placing it in the top 89.2%.
Is Osk Ventures International Bhd's Beneish M-Score too high?
Osk Ventures International Bhd's current Beneish M-Score of 1.34 is 63% below median its 10-year median of 3.62. Based on the distribution chart, Osk Ventures International Bhd ranks #847 out of 950 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Osk Ventures International Bhd has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Osk Ventures International Bhd's Beneish M-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Osk Ventures International Bhd ranks #847 out of 950 companies for Beneish M-Score. This places Osk Ventures International 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 an Asset Management company?
A good Beneish M-Score depends on the Asset Management 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 Osk Ventures International Bhd and its competitors. Osk Ventures International Bhd's current Beneish M-Score is 1.34, which is 63% below median its own 10-year median of 3.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Osk Ventures International Bhd stock overvalued right now?
Based on GuruFocus' analysis, Osk Ventures International Bhd (XKLS:0053) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.97, compared to a current price of RM0.59 — trading 70.3% below its estimated fair value. The current Beneish M-Score is 1.34, which is 63% below median its 10-year median of 3.62. Osk Ventures International Bhd's overall GF Score™ is 63/100 with 8 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 Osk Ventures International Bhd (XKLS:0053), the current Beneish M-Score is 1.34 as of Jul. 04, 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 Osk Ventures International Bhd (XKLS:0053) Overvalued in 2026?

Based on GuruFocus' analysis, Osk Ventures International Bhd stock appears to be undervalued. The current stock price of RM0.59 is trading 70.3% below its estimated GF Value™ of RM1.97. GuruFocus considers Osk Ventures International Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0053:

  • Beneish M-Score: 1.34 (63% below median its 10-year median of 3.62)
  • GF Value™: RM1.97 vs. price of RM0.59 (70.3% below fair value)
  • GF Score™: 63/100 with 8 warning signs

No single metric tells the full story. See the XKLS:0053 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Osk Ventures International Bhd Business Description

Address Jalan Ampang, Wilayah Persekutuan, 21st Floor, Plaza OSK, Kuala Lumpur, SGR, MYS, 50450
Osk Ventures International Bhd is a Malaysia-based investment holding company that provides equity capital solutions. The business activity of the group functions through Venture Capital Business and Private Equity Businesses; Fund Management; Capital Financing segments and Holding entity. It derives the majority of revenue from the Venture Capital Business and Private Equity Businesses segment. Geographically, it operates Singapore, Malaysia, United Kingdom, Cayman Islands and Indonesia.
63GF Score

Get the complete analysis for XKLS:0053

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

RM0.59
Price
RM1.97
GF Value