Unisem (M) Bhd (XKLS:5005) Beneish M-Score: 0.00 (As of Jun. 27, 2026)

What is Unisem (M) Bhd Beneish M-Score?

Unisem (M) Bhd XKLS:5005 -5.83% 68 Beneish M-Score is 0.00 as of Jun. 27, 2026. GuruFocus rates XKLS:5005 with a GF Score™ of 68/100 and a GF Value™ of RM3.80 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 987 Semiconductors companies, Unisem (M) Bhd ranks worse than 101317.02% 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 Unisem (M) Bhd's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Unisem (M) Bhd was -2.35. The lowest was -3.44. And the median was -2.97.

Unisem (M) Bhd Beneish M-Score Related Terms

Unisem (M) Bhd Beneish M-Score Historical Data

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The historical data trend for Unisem (M) 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.

Unisem (M) Bhd Beneish M-Score Chart

Unisem (M) Bhd Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Beneish M-Score

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-2.64

-2.35

-3.44

0.00

Unisem (M) 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															0.00	0.00	0.00	0.00	0.00

XKLS:5005 vs NVDA, AVGO, MU: Beneish M-Score Comparison

For the Semiconductors subindustry, Unisem (M) 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.

Unisem (M) Bhd Beneish M-Score vs Semiconductors Industry

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

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

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68GF Score

Unisem (M) Bhd XKLS:5005

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

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Unisem (M) 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 Unisem (M) 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 *

0.528 *

0.404 *

0.892 *

0.115 *

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 *

4.679 *

0.327 *

This Year (Dec25) TTM:

Last Year (Dec24) TTM:

Total Receivables was RM232 Mil.
Revenue was RM1,872 Mil.
Gross Profit was RM1,122 Mil.
Total Current Assets was RM776 Mil.
Total Assets was RM3,112 Mil.
Property, Plant and Equipment(Net PPE) was RM2,336 Mil.
Depreciation, Depletion and Amortization(DDA) was RM246 Mil.
Selling, General, & Admin. Expense(SGA) was RM0 Mil.
Total Current Liabilities was RM863 Mil.
Long-Term Debt & Capital Lease Obligation was RM24 Mil.
Net Income was RM87 Mil.
Gross Profit was RM0 Mil.
Cash Flow from Operations was RM287 Mil.

Total Receivables was RM206 Mil.
Revenue was RM1,581 Mil.
Gross Profit was RM982 Mil.
Total Current Assets was RM745 Mil.
Total Assets was RM2,891 Mil.
Property, Plant and Equipment(Net PPE) was RM2,147 Mil.
Depreciation, Depletion and Amortization(DDA) was RM218 Mil.
Selling, General, & Admin. Expense(SGA) was RM0 Mil.
Total Current Liabilities was RM456 Mil.
Long-Term Debt & Capital Lease Obligation was RM79 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)
	=	(232.404 / 1872.065)	/	(206.019 / 1580.873)
	=	0.124143	/	0.13032
	=

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)
	=	(981.834 / 1580.873)	/	(1122.32 / 1872.065)
	=	0.621071	/	0.599509
	=

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 - (776.353 + 2335.617) / 3111.97)	/	(1 - (744.665 + 2146.74) / 2891.405)
	=	-0	/	0
	=

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
	=	1872.065	/	1580.873
	=

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))
	=	(218.102 / (218.102 + 2146.74))	/	(245.897 / (245.897 + 2335.617))
	=	0.092227	/	0.095253
	=

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 / 1872.065)	/	(0 / 1580.873)
	=	0	/	0
	=

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)
	=	((23.769 + 863.103) / 3111.97)	/	((78.579 + 456.093) / 2891.405)
	=	0.284987	/	0.184918
	=

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
	=	(86.65 - 0	-	286.891)	/	3111.97
	=	-0.064345

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?

Unisem (M) Bhd (XKLS:5005) has a Beneish M-Score of 0.00 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Unisem (M) Bhd and its competitors. According to the industry distribution chart, Unisem (M) Bhd ranks #999999 out of 987 companies in the Semiconductors industry.

Is Unisem (M) Bhd's Beneish M-Score too high?

Unisem (M) Bhd's current Beneish M-Score is 0.00. Based on the distribution chart, Unisem (M) Bhd ranks #999999 out of 987 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Unisem (M) Bhd has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Unisem (M) Bhd's Beneish M-Score compare to NVDA and AVGO?

According to the Semiconductors industry distribution chart, Unisem (M) Bhd ranks #999999 out of 987 companies for Beneish M-Score. This places Unisem (M) 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 Unisem (M) Bhd and its competitors. Unisem (M) 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 Unisem (M) Bhd stock overvalued right now?

Based on GuruFocus' analysis, Unisem (M) Bhd (XKLS:5005) is currently considered Modestly Overvalued. The stock's GF Value™ is RM3.80, compared to a current price of RM4.52 — trading 18.9% above its estimated fair value. The current Beneish M-Score is 0.00. Unisem (M) Bhd's overall GF Score™ is 68/100 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 Unisem (M) Bhd (XKLS:5005), the current Beneish M-Score is 0.00 as of Jun. 27, 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 Unisem (M) Bhd (XKLS:5005) Overvalued in 2026?

Based on GuruFocus' analysis, Unisem (M) Bhd stock appears to be overvalued. The current stock price of RM4.52 is trading 18.9% above its estimated GF Value™ of RM3.80. GuruFocus considers Unisem (M) Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5005:

Beneish M-Score: 0.00
GF Value™: RM3.80 vs. price of RM4.52 (18.9% above fair value)
GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the XKLS:5005 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Unisem (M) Bhd Business Description

Industry Technology Semiconductors

Comparable Companies XKLS:3867 XKLS:5357 XKLS:0275 XKLS:0278 XKLS:9334 XKLS:7022 XKLS:0143 NVDA AVGO TPE:2330 XKRX:000660 MU AMD INTC TXN QCOM TSE:285A TPE:2454 ADI MRVL

Address No. 1, Persiaran Pulai Jaya 9, Kawasan Perindustrian Pulai Jaya, Ipoh, PRK, MYS, 31300

Website https://www.unisemgroup.com

Unisem (M) Bhd is principally engaged in the manufacturing services of semiconductor devices in Malaysia. provides semiconductor assembly and test services to electronics companies. Its services include wafer bumping, wafer probing, wafer grinding, and a range of leadframe and substrate integrated circuit packaging, as well as wafer-level chip-scale packaging. It also offers RF, analog, digital, and mixed-signal test services. In addition, the company provides assembly, testing, failure analysis, and electrical and thermal characterization services. Geographically, its operations are located in Malaysia and the People's Republic of China.

68GF Score

Get the complete analysis for XKLS:5005

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

RM4.52

Price

RM3.80

GF Value

View XKLS:5005 Analysis

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