Yew Lee Pacific Group Bhd (XKLS:0248) Beneish M-Score: -2.78 (As of Jun. 25, 2026)


XKLS:0248 Yew Lee Pacific Group Bhd XKLS:0248
53 GF Score
Price RM0.59
GF Value RM0.33
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Yew Lee Pacific Group Bhd Beneish M-Score?

Yew Lee Pacific Group Bhd XKLS:0248 +0.85% 53 Beneish M-Score is -2.78 as of Jun. 25, 2026. GuruFocus rates XKLS:0248 with a GF Score™ of 53/100 and a GF Value™ of RM0.33 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 151 Industrial Distribution companies, Yew Lee Pacific Group Bhd ranks better than 71.52% 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 -2.78 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

XKLS:0248' s Beneish M-Score Range Over the Past 10 Years
Min: -3.02   Med: -2.43   Max: 1.39
Current: -2.78

During the past 8 years, the highest Beneish M-Score of Yew Lee Pacific Group Bhd was 1.39. The lowest was -3.02. And the median was -2.43.


Yew Lee Pacific Group Bhd Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Yew Lee Pacific Group 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.

Yew Lee Pacific Group Bhd Beneish M-Score Chart

Yew Lee Pacific Group Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 0.00 1.04 -2.81 -2.71

Yew Lee Pacific Group Bhd Quarterly Data
Dec19 Dec20 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 -2.65 -2.54 -2.31 -2.71 -2.78

XKLS:0248 vs GWW, FAST, FERG: Beneish M-Score Comparison

For the Industrial Distribution subindustry, Yew Lee Pacific Group 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.


Yew Lee Pacific Group Bhd Beneish M-Score vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Yew Lee Pacific Group Bhd's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Yew Lee Pacific Group Bhd's Beneish M-Score falls into.


XKLS:0248
53GF Score
Yew Lee Pacific Group Bhd XKLS:0248
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yew Lee Pacific Group 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 Yew Lee Pacific Group 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 * 1.1269+0.528 * 0.9175+0.404 * 0.7418+0.892 * 0.9181+0.115 * 0.8887
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.007+4.679 * -0.019516-0.327 * 1.2645
=-2.78

* 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 RM5.15 Mil.
Revenue was 4.741 + 4.981 + 5.178 + 4.542 = RM19.44 Mil.
Gross Profit was 1.872 + 1.638 + 2.04 + 1.612 = RM7.16 Mil.
Total Current Assets was RM60.98 Mil.
Total Assets was RM91.36 Mil.
Property, Plant and Equipment(Net PPE) was RM26.83 Mil.
Depreciation, Depletion and Amortization(DDA) was RM2.51 Mil.
Selling, General, & Admin. Expense(SGA) was RM7.23 Mil.
Total Current Liabilities was RM3.01 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.00 Mil.
Net Income was 1.412 + 0.183 + 0.506 + 0.001 = RM2.10 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = RM0.00 Mil.
Cash Flow from Operations was -0.157 + 3.286 + 1.109 + -0.353 = RM3.89 Mil.
Total Receivables was RM4.97 Mil.
Revenue was 5.07 + 5.244 + 4.755 + 6.107 = RM21.18 Mil.
Gross Profit was 1.734 + 1.939 + 1.783 + 1.701 = RM7.16 Mil.
Total Current Assets was RM51.85 Mil.
Total Assets was RM79.85 Mil.
Property, Plant and Equipment(Net PPE) was RM23.81 Mil.
Depreciation, Depletion and Amortization(DDA) was RM1.96 Mil.
Selling, General, & Admin. Expense(SGA) was RM7.82 Mil.
Total Current Liabilities was RM2.00 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.08 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)
=(5.145 / 19.442) / (4.973 / 21.176)
=0.264633 / 0.234841
=1.1269

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)
=(7.157 / 21.176) / (7.162 / 19.442)
=0.337977 / 0.368378
=0.9175

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 - (60.978 + 26.829) / 91.36) / (1 - (51.849 + 23.811) / 79.846)
=0.03889 / 0.052426
=0.7418

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
=19.442 / 21.176
=0.9181

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))
=(1.957 / (1.957 + 23.811)) / (2.507 / (2.507 + 26.829))
=0.075947 / 0.085458
=0.8887

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)
=(7.227 / 19.442) / (7.817 / 21.176)
=0.371721 / 0.369144
=1.007

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 + 3.008) / 91.36) / ((0.082 + 1.997) / 79.846)
=0.032925 / 0.026038
=1.2645

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
=(2.102 - 0 - 3.885) / 91.36
=-0.019516

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.

Yew Lee Pacific Group Bhd has a M-score of -2.78 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 -2.78 mean?
Yew Lee Pacific Group Bhd (XKLS:0248) has a Beneish M-Score of -2.78 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Yew Lee Pacific Group Bhd and its competitors. According to the industry distribution chart, Yew Lee Pacific Group Bhd ranks #43 out of 151 companies in the Industrial Distribution industry, placing it in the top 28.5%.
Is Yew Lee Pacific Group Bhd's Beneish M-Score too high?
Yew Lee Pacific Group Bhd's current Beneish M-Score is -2.78. Based on the distribution chart, Yew Lee Pacific Group Bhd ranks #43 out of 151 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Yew Lee Pacific Group Bhd has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yew Lee Pacific Group Bhd's Beneish M-Score compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Yew Lee Pacific Group Bhd ranks #43 out of 151 companies for Beneish M-Score. This puts Yew Lee Pacific Group Bhd 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 an Industrial Distribution company?
A good Beneish M-Score depends on the Industrial Distribution 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 Yew Lee Pacific Group Bhd and its competitors. Yew Lee Pacific Group Bhd's current Beneish M-Score is -2.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yew Lee Pacific Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Yew Lee Pacific Group Bhd (XKLS:0248) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.33, compared to a current price of RM0.59 — trading 78.8% above its estimated fair value. The current Beneish M-Score is -2.78. Yew Lee Pacific Group Bhd's overall GF Score™ is 53/100 with 5 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 Yew Lee Pacific Group Bhd (XKLS:0248), the current Beneish M-Score is -2.78 as of Jun. 25, 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 Yew Lee Pacific Group Bhd (XKLS:0248) Overvalued in 2026?

Based on GuruFocus' analysis, Yew Lee Pacific Group Bhd stock appears to be overvalued. The current stock price of RM0.59 is trading 78.8% above its estimated GF Value™ of RM0.33. GuruFocus considers Yew Lee Pacific Group Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0248:

  • Beneish M-Score: -2.78
  • GF Value™: RM0.33 vs. price of RM0.59 (78.8% above fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the XKLS:0248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yew Lee Pacific Group Bhd Business Description

Address No. 18, Jalan Johan 2/1, Kawasan Perindustrian Pengkalan II, Pusing, PRK, MYS, 31550
Yew Lee Pacific Group Bhd is principally an investment holding company. The principal activities of the subsidiaries are engaged in manufacturing of industrial brushes and trading of industrial parts, retailer of toys, games and related consumer products. The company operates in three geographical segments, namely Malaysia, Thailand, and Investment holding operations. It generates the majority of its revenue from the Malaysia segment.
53GF Score

Get the complete analysis for XKLS:0248

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

RM0.59
Price
RM0.33
GF Value