One Glove Group Bhd (XKLS:5079) Beneish M-Score: -2.66 (As of Jun. 24, 2026)


XKLS:5079 One Glove Group Bhd XKLS:5079
2 GF Score
Price RM0.13
GF Value RM0.18
Valuation Modestly Undervalued
! 3 Warning Signs
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What is One Glove Group Bhd Beneish M-Score?

One Glove Group Bhd XKLS:5079 2 Beneish M-Score is -2.66 as of Jun. 24, 2026. GuruFocus rates XKLS:5079 with a GF Score™ of 2/100 and a GF Value™ of RM0.18 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 765 Medical Devices & Instruments companies, One Glove Group Bhd ranks better than 57.12% 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 -2.66 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

XKLS:5079' s Beneish M-Score Range Over the Past 10 Years
Min: -7.72   Med: -2.24   Max: 28.47
Current: -2.66

During the past 13 years, the highest Beneish M-Score of One Glove Group Bhd was 28.47. The lowest was -7.72. And the median was -2.24.


One Glove Group Bhd Beneish M-Score Historical Data

* Premium members only.

The historical data trend for One Glove Group 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.

One Glove Group Bhd Beneish M-Score Chart

One Glove Group Bhd Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Jun19 Jun20 Mar24 Mar25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -3.83 -3.38 27.88 -1.79

One Glove Group Bhd Quarterly Data
Sep20 Dec20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 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 -1.79 -2.04 -1.50 -0.95 -2.66

XKLS:5079 vs ISRG, BDX, MDLN: Beneish M-Score Comparison

For the Medical Instruments & Supplies subindustry, One Glove Group 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.


One Glove Group Bhd Beneish M-Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, One Glove Group Bhd's Beneish M-Score distribution charts can be found below:

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


XKLS:5079
2GF Score
One Glove Group Bhd XKLS:5079
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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One Glove Group 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 One Glove Group 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 * 0.6102+0.528 * 1.2073+0.404 * 1.644+0.892 * 1.1131+0.115 * 1.0081
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.3966+4.679 * -0.056806-0.327 * 0.8795
=-2.66

* 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 RM5.91 Mil.
Revenue was 11.72 + 11.226 + 8.489 + 8.04 = RM39.48 Mil.
Gross Profit was -3.575 + -2.121 + -3.448 + -2.791 = RM-11.94 Mil.
Total Current Assets was RM31.98 Mil.
Total Assets was RM471.89 Mil.
Property, Plant and Equipment(Net PPE) was RM266.13 Mil.
Depreciation, Depletion and Amortization(DDA) was RM9.68 Mil.
Selling, General, & Admin. Expense(SGA) was RM20.84 Mil.
Total Current Liabilities was RM55.87 Mil.
Long-Term Debt & Capital Lease Obligation was RM94.94 Mil.
Net Income was -17.274 + -6.401 + -7.57 + -7.854 = RM-39.10 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = RM0.00 Mil.
Cash Flow from Operations was 2.82 + -7.11 + -4.089 + -3.914 = RM-12.29 Mil.
Total Receivables was RM8.70 Mil.
Revenue was 12.804 + 7.841 + 8.167 + 6.653 = RM35.47 Mil.
Gross Profit was -1.779 + -4.07 + -4.158 + -2.938 = RM-12.95 Mil.
Total Current Assets was RM35.17 Mil.
Total Assets was RM396.74 Mil.
Property, Plant and Equipment(Net PPE) was RM272.69 Mil.
Depreciation, Depletion and Amortization(DDA) was RM10.00 Mil.
Selling, General, & Admin. Expense(SGA) was RM13.41 Mil.
Total Current Liabilities was RM28.54 Mil.
Long-Term Debt & Capital Lease Obligation was RM115.63 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)
=(5.906 / 39.475) / (8.695 / 35.465)
=0.149614 / 0.245171
=0.6102

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)
=(-12.945 / 35.465) / (-11.935 / 39.475)
=-0.365008 / -0.302343
=1.2073

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 - (31.981 + 266.133) / 471.886) / (1 - (35.173 + 272.694) / 396.736)
=0.36825 / 0.224
=1.644

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
=39.475 / 35.465
=1.1131

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))
=(9.997 / (9.997 + 272.694)) / (9.675 / (9.675 + 266.133))
=0.035364 / 0.035079
=1.0081

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)
=(20.843 / 39.475) / (13.408 / 35.465)
=0.528005 / 0.378063
=1.3966

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)
=((94.942 + 55.87) / 471.886) / ((115.63 + 28.541) / 396.736)
=0.319594 / 0.363393
=0.8795

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
=(-39.099 - 0 - -12.293) / 471.886
=-0.056806

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.

One Glove Group Bhd has a M-score of -2.66 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 -2.66 mean?
One Glove Group Bhd (XKLS:5079) has a Beneish M-Score of -2.66 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on One Glove Group Bhd and its competitors. According to the industry distribution chart, One Glove Group Bhd ranks #328 out of 765 companies in the Medical Devices & Instruments industry, placing it in the top 42.9%.
Is One Glove Group Bhd's Beneish M-Score too high?
One Glove Group Bhd's current Beneish M-Score is -2.66. Based on the distribution chart, One Glove Group Bhd ranks #328 out of 765 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, One Glove Group Bhd has a GF Score™ of 2/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does One Glove Group Bhd's Beneish M-Score compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, One Glove Group Bhd ranks #328 out of 765 companies for Beneish M-Score. This puts One Glove Group 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 Medical Devices & Instruments company?
A good Beneish M-Score depends on the Medical Devices & Instruments 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 One Glove Group Bhd and its competitors. One Glove Group Bhd's current Beneish M-Score is -2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is One Glove Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, One Glove Group Bhd (XKLS:5079) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.18, compared to a current price of RM0.13 — trading 27.8% below its estimated fair value. The current Beneish M-Score is -2.66. One Glove Group Bhd's overall GF Score™ is 2/100 with 3 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 One Glove Group Bhd (XKLS:5079), the current Beneish M-Score is -2.66 as of Jun. 24, 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 One Glove Group Bhd (XKLS:5079) Overvalued in 2026?

Based on GuruFocus' analysis, One Glove Group Bhd stock appears to be undervalued. The current stock price of RM0.13 is trading 27.8% below its estimated GF Value™ of RM0.18. GuruFocus considers One Glove Group Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5079:

  • Beneish M-Score: -2.66
  • GF Value™: RM0.18 vs. price of RM0.13 (27.8% below fair value)
  • GF Score™: 2/100 with 3 warning signs

No single metric tells the full story. See the XKLS:5079 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


One Glove Group Bhd Business Description

Address Perindustrian Kamunting 3, Lot 73-86, Jalan Logam 5, Kamunting Raya Indutrial Estate, Kamunting, PRK, MYS, 34600
One Glove Group Bhd is a glove innovator and manufacturer. The company's segment includes Manufacturing, Investment holding, and Others. Its geographical market includes Germany, Malaysia, Turkey, Italy, India, and Others, of which it generates the majority of its revenue from Malaysia. The Company has one core business segment, the Gloves Business, with one factory in operation, the Kamunting Factory.
2GF Score

Get the complete analysis for XKLS:5079

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

RM0.13
Price
RM0.18
GF Value