Insights Analytics Bhd (XKLS:0376) Beneish M-Score: 0.00 (As of Jul. 05, 2026)


XKLS:0376 Insights Analytics Bhd XKLS:0376
19 GF Score
Price RM1.52
! 1 Warning Sign
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What is Insights Analytics Bhd Beneish M-Score?

Insights Analytics Bhd XKLS:0376 +2.70% 19 Beneish M-Score is 0.00 as of Jul. 05, 2026. GuruFocus rates XKLS:0376 with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 2,628 Software companies, Insights Analytics Bhd ranks worse than 38051.71% 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.

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

During the past 5 years, the highest Beneish M-Score of Insights Analytics Bhd was 1.70. The lowest was -1.75. And the median was -0.03.

Insights Analytics Bhd Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Insights Analytics 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.

Insights Analytics Bhd Beneish M-Score Chart

Insights Analytics Bhd Annual Data
Trend Apr22 Apr23 Apr24 Apr25 Apr26
Beneish M-Score
0.00 0.00 -1.75 1.70 0.00

Insights Analytics Bhd Quarterly Data
Apr22 Apr23 Apr24 Apr25 Oct25 Jan26 Apr26
Beneish M-Score Get a 7-Day Free Trial -1.75 1.70 0.00 0.00 0.00

XKLS:0376 vs IBM, ACN, FISV: Beneish M-Score Comparison

For the Information Technology Services subindustry, Insights Analytics 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.

Insights Analytics Bhd Beneish M-Score vs Software Industry

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

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


XKLS:0376
19GF Score
Insights Analytics Bhd XKLS:0376
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Insights Analytics 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 Insights Analytics 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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 (Apr26) TTM:Last Year (Apr25) TTM:
Total Receivables was RM189.48 Mil.
Revenue was RM0.00 Mil.
Gross Profit was RM0.00 Mil.
Total Current Assets was RM219.97 Mil.
Total Assets was RM234.06 Mil.
Property, Plant and Equipment(Net PPE) was RM2.07 Mil.
Depreciation, Depletion and Amortization(DDA) was RM1.64 Mil.
Selling, General, & Admin. Expense(SGA) was RM0.00 Mil.
Total Current Liabilities was RM108.27 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.02 Mil.
Net Income was RM0.00 Mil.
Gross Profit was RM0.00 Mil.
Cash Flow from Operations was RM-16.96 Mil.
 Total Receivables was RM42.11 Mil.
Revenue was RM49.64 Mil.
Gross Profit was RM29.68 Mil.
Total Current Assets was RM93.22 Mil.
Total Assets was RM107.70 Mil.
Property, Plant and Equipment(Net PPE) was RM1.04 Mil.
Depreciation, Depletion and Amortization(DDA) was RM1.21 Mil.
Selling, General, & Admin. Expense(SGA) was RM2.17 Mil.
Total Current Liabilities was RM21.98 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.78 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)
=(189.477 / 0) / (42.107 / 49.639)
= / 0.848264
=

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)
=(29.683 / 49.639) / (0 / 0)
=0.597977 /
=

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 - (219.968 + 2.069) / 234.057) / (1 - (93.219 + 1.044) / 107.697)
=0.051355 / 0.124739
=

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
=0 / 49.639
=

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))
=(1.208 / (1.208 + 1.044)) / (1.637 / (1.637 + 2.069))
=0.536412 / 0.441716
=

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)
=(0 / 0) / (2.169 / 49.639)
= / 0.043695
=

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)
=((0.017 + 108.265) / 234.057) / ((0.784 + 21.984) / 107.697)
=0.462631 / 0.211408
=

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 - 0 - -16.959) / 234.057
=0.072457

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.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
Insights Analytics Bhd (XKLS:0376) has a Beneish M-Score of 0.00 as of Jul. 05, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Insights Analytics Bhd and its competitors. According to the industry distribution chart, Insights Analytics Bhd ranks #999999 out of 2628 companies in the Software industry.
Is Insights Analytics Bhd's Beneish M-Score too high?
Insights Analytics Bhd's current Beneish M-Score is 0.00. Based on the distribution chart, Insights Analytics Bhd ranks #999999 out of 2628 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Insights Analytics Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Insights Analytics Bhd's Beneish M-Score compare to IBM and ACN?
According to the Software industry distribution chart, Insights Analytics Bhd ranks #999999 out of 2628 companies for Beneish M-Score. This places Insights Analytics 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 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 Insights Analytics Bhd and its competitors. Insights Analytics Bhd's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Insights Analytics Bhd stock overvalued right now?
Insights Analytics Bhd (XKLS:0376) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Insights Analytics Bhd's overall GF Score™ is 19/100 with 1 warning sign 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 Insights Analytics Bhd (XKLS:0376), the current Beneish M-Score is 0.00 as of Jul. 05, 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.

Insights Analytics Bhd Business Description

Address Jalan Pending, 1st Floor, Block D, ICOM Square, Parcel Lot No. D272, D273 & D274, Kuching, SWK, MYS, 93450
Insights Analytics Bhd is a technology solutions provider, principally involved in the supply of water technology solutions for water management across the water utility supply chain from water treatment to distribution, primarily in Sarawak. It also supply intelligent asset management solutions for customers in other industries such as hospitality, transportation and construction. Its solutions encompass consultation and advice, design system solutions as well as implementation and project management based on its customers' project requirements, as detailed below: Consultation and advice, Design system solutions, Implementation and project management.
19GF Score

Get the complete analysis for XKLS:0376

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

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