Turiya Bhd (XKLS:4359) Beneish M-Score: 0.00 (As of Jul. 08, 2026)

What is Turiya Bhd Beneish M-Score?

Turiya Bhd XKLS:4359 -7.50% 45 Beneish M-Score is 0.00 as of Jul. 08, 2026. GuruFocus rates XKLS:4359 with a GF Score™ of 45/100. Among 987 Semiconductors companies, Turiya Bhd ranks worse than 50.46% 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 Turiya Bhd's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Turiya Bhd was 0.00. The lowest was 0.00. And the median was 0.00.

Turiya Bhd Beneish M-Score Related Terms

Turiya Bhd Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Turiya 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.

Turiya Bhd Beneish M-Score Chart

Turiya Bhd Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Beneish M-Score

Get a 7-Day Free Trial

-0.62

-3.07

-1.57

-2.62

-2.42

Turiya Bhd Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25
Beneish M-Score	Get a 7-Day Free Trial															0.00	0.00	0.00	-0.87	0.00

XKLS:4359 vs AMAT, LRCX, KLAC: Beneish M-Score Comparison

For the Semiconductor Equipment & Materials subindustry, Turiya 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.

Turiya Bhd Beneish M-Score vs Semiconductors Industry

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

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

Save Embed

45GF Score

Turiya Bhd XKLS:4359

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Turiya 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 Turiya Bhd for today is based on a combination of the following eight different indices:

-4.84

0.92 * DSRI

0.528 * GMI

0.404 * AQI

0.892 * SGI

0.115 * DEPI

-4.84

0.92 * 1.0747

0.528 * 0.9233

0.404 * 0.9859

0.892 * 1.0138

0.115 * 1.0554

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 0.9971

4.679 * 0.002201

0.327 * 0.973

-2.42

This Year (Mar24) TTM:

Last Year (Mar23) TTM:

Total Receivables was RM5.00 Mil.
Revenue was RM28.93 Mil.
Gross Profit was RM12.65 Mil.
Total Current Assets was RM15.64 Mil.
Total Assets was RM178.55 Mil.
Property, Plant and Equipment(Net PPE) was RM8.21 Mil.
Depreciation, Depletion and Amortization(DDA) was RM0.61 Mil.
Selling, General, & Admin. Expense(SGA) was RM5.83 Mil.
Total Current Liabilities was RM7.34 Mil.
Long-Term Debt & Capital Lease Obligation was RM32.98 Mil.
Net Income was RM3.30 Mil.
Gross Profit was RM0.00 Mil.
Cash Flow from Operations was RM2.90 Mil.

Total Receivables was RM4.59 Mil.
Revenue was RM28.54 Mil.
Gross Profit was RM11.52 Mil.
Total Current Assets was RM12.57 Mil.
Total Assets was RM173.74 Mil.
Property, Plant and Equipment(Net PPE) was RM8.48 Mil.
Depreciation, Depletion and Amortization(DDA) was RM0.67 Mil.
Selling, General, & Admin. Expense(SGA) was RM5.77 Mil.
Total Current Liabilities was RM5.69 Mil.
Long-Term Debt & Capital Lease Obligation was RM34.63 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)
	=	(4.999 / 28.934)	/	(4.588 / 28.539)
	=	0.172773	/	0.160762
	=	1.0747

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)
	=	(11.52 / 28.539)	/	(12.649 / 28.934)
	=	0.403658	/	0.437167
	=	0.9233

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 - (15.641 + 8.206) / 178.552)	/	(1 - (12.569 + 8.476) / 173.74)
	=	0.866442	/	0.878871
	=	0.9859

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
	=	28.934	/	28.539
	=	1.0138

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))
	=	(0.671 / (0.671 + 8.476))	/	(0.613 / (0.613 + 8.206))
	=	0.073357	/	0.069509
	=	1.0554

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)
	=	(5.831 / 28.934)	/	(5.768 / 28.539)
	=	0.201528	/	0.202109
	=	0.9971

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)
	=	((32.978 + 7.339) / 178.552)	/	((34.632 + 5.686) / 173.74)
	=	0.2258	/	0.232059
	=	0.973

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
	=	(3.297 - 0	-	2.904)	/	178.552
	=	0.002201

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.

Turiya Bhd has a M-score of -2.42 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 0.00 mean?

Turiya Bhd (XKLS:4359) has a Beneish M-Score of 0.00 as of Jul. 08, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Turiya Bhd and its competitors. According to the industry distribution chart, Turiya Bhd ranks #498 out of 987 companies in the Semiconductors industry, placing it in the top 50.5%.

Is Turiya Bhd's Beneish M-Score too high?

Turiya Bhd's current Beneish M-Score is 0.00. Based on the distribution chart, Turiya Bhd ranks #498 out of 987 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Turiya Bhd has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.

How does Turiya Bhd's Beneish M-Score compare to AMAT and LRCX?

According to the Semiconductors industry distribution chart, Turiya Bhd ranks #498 out of 987 companies for Beneish M-Score. This places Turiya 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 Semiconductors company?

A good Beneish M-Score depends on the Semiconductors 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 Turiya Bhd and its competitors. Turiya 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 Turiya Bhd stock overvalued right now?

Turiya Bhd (XKLS:4359) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Turiya Bhd's overall GF Score™ is 45/100. 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 Turiya Bhd (XKLS:4359), the current Beneish M-Score is 0.00 as of Jul. 08, 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.

Turiya Bhd Business Description

Industry Technology Semiconductors

Comparable Companies XKLS:0113 XKLS:0120 XKLS:0090 XKLS:0272 XKLS:0181 XKLS:5277 XAMS:ASML AMAT LRCX KLAC TSE:8035 TSE:6857 SZSE:002371 TER SHSE:688012 XAMS:ASM TSE:6146 SHSE:688820 SZSE:301666 TPE:7769

Address Wisma Chase Perdana, 7th Floor, Suite 7.3, Damansara Heights, Changkat Semantan, Kuala Lumpur, SGR, MYS, 50490

Website https://www.turiya.com.my

Turiya Bhd is a Malaysian-based company engaged in property leasing and investment holding. The company's operating segments include investment holding, which involves investment holding and management consultancy services; investment properties, which involve rental of office units; and semiconductors, which involve manufacturing and chemical trading. It generates the majority of its revenue from the semiconductor segment. Geographically, the majority of its revenue comes from Singapore.

45GF Score

Get the complete analysis for XKLS:4359

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

RM0.19

Price

View XKLS:4359 Analysis

See Beneish M-Score data for all stocks →