Genting Malaysia Bhd (XKLS:4715) Beneish M-Score: -2.73 (As of Aug. 03, 2026)

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XKLS:4715 Genting Malaysia Bhd XKLS:4715
77 GF Score
Price RM1.76
GF Value RM2.65
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Genting Malaysia Bhd Beneish M-Score?

Genting Malaysia Bhd XKLS:4715 +0.57% 77 Beneish M-Score is -2.73 as of Aug. 03, 2026. GuruFocus rates XKLS:4715 with a GF Score™ of 77/100 and a GF Value™ of RM2.65 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 817 Travel & Leisure companies, Genting Malaysia Bhd ranks better than 59.12% 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 -2.73 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

XKLS:4715' s Beneish M-Score Range Over the Past 10 Years
Min: -8.72   Med: -2.93   Max: -2.61
Current: -2.73

During the past 13 years, the highest Beneish M-Score of Genting Malaysia Bhd was -2.61. The lowest was -8.72. And the median was -2.93.


Genting Malaysia Bhd Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Genting Malaysia 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.

Genting Malaysia Bhd Beneish M-Score Chart

Genting Malaysia 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 -3.03 -2.89 -2.66 -3.08 -2.73

Genting Malaysia 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 0.00 0.00 0.00 -2.73 0.00

XKLS:4715 vs LVS, MGM, WYNN: Beneish M-Score Comparison

For the Resorts & Casinos subindustry, Genting Malaysia 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.


Genting Malaysia Bhd Beneish M-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Genting Malaysia Bhd's Beneish M-Score distribution charts can be found below:

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


XKLS:4715
77GF Score
Genting Malaysia Bhd XKLS:4715
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Genting Malaysia 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 Genting Malaysia 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 * 1.1315+0.528 * 0.8529+0.404 * 0.7107+0.892 * 1.0891+0.115 * 1.1217
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.3174+4.679 * -0.043163-0.327 * 1.0309
=-2.73

* 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was RM226 Mil.
Revenue was RM11,884 Mil.
Gross Profit was RM3,257 Mil.
Total Current Assets was RM4,863 Mil.
Total Assets was RM29,525 Mil.
Property, Plant and Equipment(Net PPE) was RM17,640 Mil.
Depreciation, Depletion and Amortization(DDA) was RM1,315 Mil.
Selling, General, & Admin. Expense(SGA) was RM1,527 Mil.
Total Current Liabilities was RM4,723 Mil.
Long-Term Debt & Capital Lease Obligation was RM12,651 Mil.
Net Income was RM755 Mil.
Gross Profit was RM0 Mil.
Cash Flow from Operations was RM2,029 Mil.
Total Receivables was RM183 Mil.
Revenue was RM10,912 Mil.
Gross Profit was RM2,550 Mil.
Total Current Assets was RM4,305 Mil.
Total Assets was RM28,567 Mil.
Property, Plant and Equipment(Net PPE) was RM14,703 Mil.
Depreciation, Depletion and Amortization(DDA) was RM1,240 Mil.
Selling, General, & Admin. Expense(SGA) was RM1,064 Mil.
Total Current Liabilities was RM3,342 Mil.
Long-Term Debt & Capital Lease Obligation was RM12,964 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)
=(226 / 11884.3) / (183.4 / 10911.8)
=0.019017 / 0.016807
=1.1315

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)
=(2550.2 / 10911.8) / (3256.5 / 11884.3)
=0.23371 / 0.274017
=0.8529

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 - (4863.2 + 17640) / 29525) / (1 - (4304.5 + 14703.2) / 28567.4)
=0.237826 / 0.334637
=0.7107

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
=11884.3 / 10911.8
=1.0891

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))
=(1240.3 / (1240.3 + 14703.2)) / (1314.5 / (1314.5 + 17640))
=0.077793 / 0.06935
=1.1217

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)
=(1526.5 / 11884.3) / (1063.9 / 10911.8)
=0.128447 / 0.0975
=1.3174

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)
=((12651.1 + 4722.7) / 29525) / ((12963.5 + 3342.2) / 28567.4)
=0.588444 / 0.57078
=1.0309

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
=(754.8 - 0 - 2029.2) / 29525
=-0.043163

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.

Genting Malaysia Bhd has a M-score of -2.73 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 -2.73 mean?
Genting Malaysia Bhd (XKLS:4715) has a Beneish M-Score of -2.73 as of Aug. 03, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Genting Malaysia Bhd and its competitors. According to the industry distribution chart, Genting Malaysia Bhd ranks #334 out of 817 companies in the Travel & Leisure industry, placing it in the top 40.9%.
Is Genting Malaysia Bhd's Beneish M-Score too high?
Genting Malaysia Bhd's current Beneish M-Score is -2.73. Based on the distribution chart, Genting Malaysia Bhd ranks #334 out of 817 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Genting Malaysia Bhd has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Genting Malaysia Bhd's Beneish M-Score compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Genting Malaysia Bhd ranks #334 out of 817 companies for Beneish M-Score. This puts Genting Malaysia 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 a Travel & Leisure company?
A good Beneish M-Score depends on the Travel & Leisure 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 Genting Malaysia Bhd and its competitors. Genting Malaysia Bhd's current Beneish M-Score is -2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genting Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Genting Malaysia Bhd (XKLS:4715) is currently considered Possible Value Trap. The stock's GF Value™ is RM2.65, compared to a current price of RM1.76 — trading 33.6% below its estimated fair value. The current Beneish M-Score is -2.73. Genting Malaysia Bhd's overall GF Score™ is 77/100 with 7 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 Genting Malaysia Bhd (XKLS:4715), the current Beneish M-Score is -2.73 as of Aug. 03, 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 Genting Malaysia Bhd (XKLS:4715) Overvalued in 2026?

Based on GuruFocus' analysis, Genting Malaysia Bhd stock appears to be undervalued. The current stock price of RM1.76 is trading 33.6% below its estimated GF Value™ of RM2.65. GuruFocus considers Genting Malaysia Bhd to be Possible Value Trap.

Key valuation signals for XKLS:4715:

  • Beneish M-Score: -2.73
  • GF Value™: RM2.65 vs. price of RM1.76 (33.6% below fair value)
  • GF Score™: 77/100 with 7 warning signs

No single metric tells the full story. See the XKLS:4715 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Genting Malaysia Bhd Business Description

Other Exchanges GMALY:USA
Address Wisma Genting, Jalan Sultan Ismail, 14th Floor, Kuala Lumpur, MYS, 50250
Genting Malaysia Bhd is a resort and casino company and is a subsidiary of the holdings company Genting. The company has two primary business segments: Leisure & Hospitality and Properties. The Leisure & Hospitality segment operates numerous resorts, many of which include casinos, theme parks, concerts, restaurants, and retail shopping locations. The Properties segment controls and leases real estate, and the Investments & Others segment. The company generates the vast majority of its revenue in Malaysia.
77GF Score

Get the complete analysis for XKLS:4715

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

RM1.76
Price
RM2.65
GF Value