Sealink International Bhd (XKLS:5145) Beneish M-Score: 0.00 (As of Jun. 25, 2026)


XKLS:5145 Sealink International Bhd XKLS:5145
39 GF Score
Price RM0.34
GF Value RM0.36
Valuation Fairly Valued
! 6 Warning Signs
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What is Sealink International Bhd Beneish M-Score?

Sealink International Bhd XKLS:5145 39 Beneish M-Score is 0.00 as of Jun. 25, 2026. GuruFocus rates XKLS:5145 with a GF Score™ of 39/100 and a GF Value™ of RM0.36 (Fairly Valued). The stock has 6 warning signs investors should review. Among 966 Transportation companies, Sealink International Bhd ranks worse than 103519.57% 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 Sealink International Bhd's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Sealink International Bhd was 3.06. The lowest was -396.43. And the median was -2.78.

Sealink International Bhd Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Sealink International 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.

Sealink International Bhd Beneish M-Score Chart

Sealink International 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 -4.31 1.48 -3.67 -2.91 0.00

Sealink International 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 0.00 0.00

Sealink International Bhd Beneish M-Score Competitor Comparison

For the Marine Shipping subindustry, Sealink International 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.

Sealink International Bhd Beneish M-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Sealink International Bhd's Beneish M-Score distribution charts can be found below:

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


XKLS:5145
39GF Score
Sealink International Bhd XKLS:5145
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sealink International 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 Sealink International 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was RM119.8 Mil.
Revenue was 45.185 + 54.927 + 56.452 + 48.295 = RM204.9 Mil.
Gross Profit was 9.748 + 10.018 + 13.392 + 5.824 = RM39.0 Mil.
Total Current Assets was RM168.1 Mil.
Total Assets was RM320.6 Mil.
Property, Plant and Equipment(Net PPE) was RM152.5 Mil.
Depreciation, Depletion and Amortization(DDA) was RM13.7 Mil.
Selling, General, & Admin. Expense(SGA) was RM32.3 Mil.
Total Current Liabilities was RM83.5 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.2 Mil.
Net Income was 3.823 + 2.365 + 1.909 + -1.894 = RM6.2 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = RM0.0 Mil.
Cash Flow from Operations was -7.189 + 0 + 0 + -4.586 = RM-11.8 Mil.
 Total Receivables was RM47.1 Mil.
Revenue was 29.951 + 20.833 + 39.787 + 35.891 = RM126.5 Mil.
Gross Profit was -1.454 + -5.414 + 18.777 + 13.861 = RM25.8 Mil.
Total Current Assets was RM104.3 Mil.
Total Assets was RM342.3 Mil.
Property, Plant and Equipment(Net PPE) was RM238.0 Mil.
Depreciation, Depletion and Amortization(DDA) was RM15.7 Mil.
Selling, General, & Admin. Expense(SGA) was RM25.7 Mil.
Total Current Liabilities was RM93.5 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.1 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)
=(119.819 / 204.859) / (47.091 / 126.462)
=0.584885 / 0.372373
=

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)
=(25.77 / 126.462) / (38.982 / 204.859)
=0.203777 / 0.190287
=

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 - (168.088 + 152.506) / 320.594) / (1 - (104.324 + 238.024) / 342.348)
=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
=204.859 / 126.462
=

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))
=(15.651 / (15.651 + 238.024)) / (13.713 / (13.713 + 152.506))
=0.061697 / 0.0825
=

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)
=(32.26 / 204.859) / (25.71 / 126.462)
=0.157474 / 0.203302
=

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)
=((0.168 + 83.463) / 320.594) / ((0.089 + 93.542) / 342.348)
=0.260863 / 0.273497
=

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
=(6.203 - 0 - -11.775) / 320.594
=0.056077

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?
Sealink International Bhd (XKLS:5145) has a Beneish M-Score of 0.00 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Sealink International Bhd and its competitors. According to the industry distribution chart, Sealink International Bhd ranks #999999 out of 966 companies in the Transportation industry.
Is Sealink International Bhd's Beneish M-Score too high?
Sealink International Bhd's current Beneish M-Score is 0.00. Based on the distribution chart, Sealink International Bhd ranks #999999 out of 966 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Sealink International Bhd has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sealink International Bhd's Beneish M-Score compare to competitors?
According to the Transportation industry distribution chart, Sealink International Bhd ranks #999999 out of 966 companies for Beneish M-Score. This places Sealink International 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 Transportation company?
A good Beneish M-Score depends on the Transportation 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 Sealink International Bhd and its competitors. Sealink International 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 Sealink International Bhd stock overvalued right now?
Based on GuruFocus' analysis, Sealink International Bhd (XKLS:5145) is currently considered Fairly Valued. The stock's GF Value™ is RM0.36, compared to a current price of RM0.34 — trading 5.6% below its estimated fair value. The current Beneish M-Score is 0.00. Sealink International Bhd's overall GF Score™ is 39/100 with 6 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 Sealink International Bhd (XKLS:5145), the current Beneish M-Score is 0.00 as of Jun. 25, 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 Sealink International Bhd (XKLS:5145) Overvalued in 2026?

Based on GuruFocus' analysis, Sealink International Bhd stock appears to be undervalued. The current stock price of RM0.34 is trading 5.6% below its estimated GF Value™ of RM0.36. GuruFocus considers Sealink International Bhd to be Fairly Valued.

Key valuation signals for XKLS:5145:

  • Beneish M-Score: 0.00
  • GF Value™: RM0.36 vs. price of RM0.34 (5.6% below fair value)
  • GF Score™: 39/100 with 6 warning signs

No single metric tells the full story. See the XKLS:5145 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sealink International Bhd Business Description

Address Lot 1035, MCLD, Piasau Industrial Area, Block 4, Miri, SWK, MYS, 98000
Sealink International Bhd is principally engaged in investment holding. The company focused on its core businesses of vessel chartering, shipbuilding and ship repair. The Group owns and operates a diversified fleet of marine support vessels, serving both domestic and international markets. The company has three segments Chartering of vessels; Shipbuilding and ship repair; Others consist of investment holding and letting of properties. The company generates majority of revenue from Chartering of vessels segment. The company has presence in Malaysia, Singapore, Samoa, and Brazil. the company generates majority of revenue from Malaysia.
39GF Score

Get the complete analysis for XKLS:5145

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

RM0.34
Price
RM0.36
GF Value