Autocount Dotcom Bhd (XKLS:0276) Beneish M-Score: -3.25 (As of Jul. 04, 2026)


XKLS:0276 Autocount Dotcom Bhd XKLS:0276
97 GF Score
Price RM0.60
GF Value RM1.12
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Autocount Dotcom Bhd Beneish M-Score?

Autocount Dotcom Bhd XKLS:0276 +0.84% 97 Beneish M-Score is -3.25 as of Jul. 04, 2026. GuruFocus rates XKLS:0276 with a GF Score™ of 97/100 and a GF Value™ of RM1.12 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,631 Software companies, Autocount Dotcom Bhd ranks better than 83.62% 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 -3.25 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

XKLS:0276' s Beneish M-Score Range Over the Past 10 Years
Min: -3.49   Med: -2.22   Max: -0.31
Current: -3.25

During the past 7 years, the highest Beneish M-Score of Autocount Dotcom Bhd was -0.31. The lowest was -3.49. And the median was -2.22.

Autocount Dotcom Bhd Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Autocount Dotcom 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.

Autocount Dotcom Bhd Beneish M-Score Chart

Autocount Dotcom Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 -2.22 -2.35

Autocount Dotcom Bhd Quarterly Data
Dec19 Dec20 Dec21 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 -1.88 -2.78 -3.49 -2.35 -3.25

XKLS:0276 vs UBER, SHOP, CRM: Beneish M-Score Comparison

For the Software - Application subindustry, Autocount Dotcom 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.

Autocount Dotcom Bhd Beneish M-Score vs Software Industry

For the Software industry and Technology sector, Autocount Dotcom Bhd's Beneish M-Score distribution charts can be found below:

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


XKLS:0276
97GF Score
Autocount Dotcom Bhd XKLS:0276
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Autocount Dotcom 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 Autocount Dotcom 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 * 0.5626+0.528 * 0.9834+0.404 * 1.1294+0.892 * 0.8885+0.115 * 0.8358
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.2222+4.679 * -0.046848-0.327 * 1.1148
=-3.25

* 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 RM3.59 Mil.
Revenue was 14.467 + 14.111 + 15.655 + 20.173 = RM64.41 Mil.
Gross Profit was 11.301 + 10.461 + 12.852 + 16.75 = RM51.36 Mil.
Total Current Assets was RM61.89 Mil.
Total Assets was RM80.75 Mil.
Property, Plant and Equipment(Net PPE) was RM15.64 Mil.
Depreciation, Depletion and Amortization(DDA) was RM1.71 Mil.
Selling, General, & Admin. Expense(SGA) was RM20.17 Mil.
Total Current Liabilities was RM21.22 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.02 Mil.
Net Income was 4.863 + 3.807 + 5.144 + 8.614 = RM22.43 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = RM0.00 Mil.
Cash Flow from Operations was 7.307 + -1.48 + 5.856 + 14.528 = RM26.21 Mil.
 Total Receivables was RM7.19 Mil.
Revenue was 25.554 + 15.068 + 18.351 + 13.512 = RM72.49 Mil.
Gross Profit was 22.626 + 11.633 + 12.239 + 10.352 = RM56.85 Mil.
Total Current Assets was RM65.87 Mil.
Total Assets was RM85.20 Mil.
Property, Plant and Equipment(Net PPE) was RM16.32 Mil.
Depreciation, Depletion and Amortization(DDA) was RM1.46 Mil.
Selling, General, & Admin. Expense(SGA) was RM18.58 Mil.
Total Current Liabilities was RM20.10 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)
=(3.593 / 64.406) / (7.188 / 72.485)
=0.055787 / 0.099165
=0.5626

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)
=(56.85 / 72.485) / (51.364 / 64.406)
=0.7843 / 0.797503
=0.9834

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 - (61.89 + 15.636) / 80.75) / (1 - (65.867 + 16.321) / 85.2)
=0.039926 / 0.035352
=1.1294

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
=64.406 / 72.485
=0.8885

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))
=(1.463 / (1.463 + 16.321)) / (1.707 / (1.707 + 15.636))
=0.082265 / 0.098426
=0.8358

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)
=(20.173 / 64.406) / (18.576 / 72.485)
=0.313216 / 0.256274
=1.2222

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)
=((0.018 + 21.219) / 80.75) / ((0 + 20.099) / 85.2)
=0.262997 / 0.235904
=1.1148

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
=(22.428 - 0 - 26.211) / 80.75
=-0.046848

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.

Autocount Dotcom Bhd has a M-score of -3.25 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 -3.25 mean?
Autocount Dotcom Bhd (XKLS:0276) has a Beneish M-Score of -3.25 as of Jul. 04, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Autocount Dotcom Bhd and its competitors. According to the industry distribution chart, Autocount Dotcom Bhd ranks #431 out of 2631 companies in the Software industry, placing it in the top 16.4%.
Is Autocount Dotcom Bhd's Beneish M-Score too high?
Autocount Dotcom Bhd's current Beneish M-Score is -3.25. Based on the distribution chart, Autocount Dotcom Bhd ranks #431 out of 2631 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Autocount Dotcom Bhd has a GF Score™ of 97/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Autocount Dotcom Bhd's Beneish M-Score compare to UBER and SHOP?
According to the Software industry distribution chart, Autocount Dotcom Bhd ranks #431 out of 2631 companies for Beneish M-Score. This places Autocount Dotcom Bhd in the top 16% 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 Software company?
A good Beneish M-Score depends on the Software 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 Autocount Dotcom Bhd and its competitors. Autocount Dotcom Bhd's current Beneish M-Score is -3.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Autocount Dotcom Bhd stock overvalued right now?
Based on GuruFocus' analysis, Autocount Dotcom Bhd (XKLS:0276) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.12, compared to a current price of RM0.60 — trading 46.4% below its estimated fair value. The current Beneish M-Score is -3.25. Autocount Dotcom Bhd's overall GF Score™ is 97/100 with 2 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 Autocount Dotcom Bhd (XKLS:0276), the current Beneish M-Score is -3.25 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 Autocount Dotcom Bhd (XKLS:0276) Overvalued in 2026?

Based on GuruFocus' analysis, Autocount Dotcom Bhd stock appears to be undervalued. The current stock price of RM0.60 is trading 46.4% below its estimated GF Value™ of RM1.12. GuruFocus considers Autocount Dotcom Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0276:

  • Beneish M-Score: -3.25
  • GF Value™: RM1.12 vs. price of RM0.60 (46.4% below fair value)
  • GF Score™: 97/100 with 2 warning signs

No single metric tells the full story. See the XKLS:0276 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Autocount Dotcom Bhd Business Description

Address No. 2, Jalan PJU 1A/2, Ara Damansara, B2-3A01 & B2-3A02, Meritus Tower at Oasis Corporate Park, Oasis Damansara (Pusat Korporat Oasis), Petaling Jaya, SGR, MYS, 47301
Autocount Dotcom Bhd principally engaged in the development, distribution and support of accounting and business management software. The Group's software solutions are designed to support core business functions, including financial accounting, inventory management, payroll processing, tax compliance and enterprise resource planning (ERP). The Group maintains ongoing system maintenance and support functions to address software updates, bug fixes and evolving regulatory requirements. The company only one reportable segment. The company has presence in Malaysia, Singapore, and other countries. The company generates majority of revenue from Malaysia. The company's products are AutoCount Accounting, AutoCount POS, AutoCount Cloud Accounting, AutoCount HRMS, AutoCount OneSales, etc.
97GF Score

Get the complete analysis for XKLS:0276

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

RM0.60
Price
RM1.12
GF Value