Pestec International Bhd (XKLS:5219) Beneish M-Score: 0.00 (As of Jul. 05, 2026)


What is Pestec International Bhd Beneish M-Score?

Pestec International Bhd XKLS:5219 Beneish M-Score is 0.00 as of Jul. 05, 2026.

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 Pestec 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 Pestec International Bhd was 0.00. The lowest was 0.00. And the median was 0.00.

Pestec International Bhd Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Pestec 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.

Pestec International Bhd Beneish M-Score Chart

Pestec International Bhd Annual Data
Trend Dec12 Dec13 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.97 -1.54 -2.13 -2.24 -1.92

Pestec International Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -2.32 0.00 -3.76 0.00 0.00

XKLS:5219 vs PWR, FIX, EME: Beneish M-Score Comparison

For the Engineering & Construction subindustry, Pestec 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.

Pestec International Bhd Beneish M-Score vs Construction Industry

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

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


Pestec 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 Pestec 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 * 1.5145+0.528 * 1.2407+0.404 * 0.8956+0.892 * 0.804+0.115 * 1.1727
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.2135+4.679 * 0.039051-0.327 * 0.9687
=-1.92

* 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 (Jun22) TTM:Last Year (Jun21) TTM:
Total Receivables was RM1,425.2 Mil.
Revenue was RM715.1 Mil.
Gross Profit was RM161.4 Mil.
Total Current Assets was RM1,727.8 Mil.
Total Assets was RM3,030.7 Mil.
Property, Plant and Equipment(Net PPE) was RM249.0 Mil.
Depreciation, Depletion and Amortization(DDA) was RM18.5 Mil.
Selling, General, & Admin. Expense(SGA) was RM0.6 Mil.
Total Current Liabilities was RM1,279.9 Mil.
Long-Term Debt & Capital Lease Obligation was RM790.7 Mil.
Net Income was RM10.0 Mil.
Gross Profit was RM0.0 Mil.
Cash Flow from Operations was RM-108.4 Mil.
 Total Receivables was RM1,170.3 Mil.
Revenue was RM889.4 Mil.
Gross Profit was RM249.0 Mil.
Total Current Assets was RM1,453.1 Mil.
Total Assets was RM2,704.3 Mil.
Property, Plant and Equipment(Net PPE) was RM201.1 Mil.
Depreciation, Depletion and Amortization(DDA) was RM17.8 Mil.
Selling, General, & Admin. Expense(SGA) was RM0.6 Mil.
Total Current Liabilities was RM1,138.4 Mil.
Long-Term Debt & Capital Lease Obligation was RM768.8 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)
=(1425.2 / 715.09) / (1170.337 / 889.363)
=1.993036 / 1.315927
=1.5145

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)
=(248.989 / 889.363) / (161.364 / 715.09)
=0.279963 / 0.225656
=1.2407

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 - (1727.81 + 248.988) / 3030.744) / (1 - (1453.144 + 201.133) / 2704.332)
=0.347752 / 0.388286
=0.8956

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
=715.09 / 889.363
=0.804

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))
=(17.758 / (17.758 + 201.133)) / (18.505 / (18.505 + 248.988))
=0.081127 / 0.069179
=1.1727

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)
=(0.577 / 715.09) / (0.591 / 889.363)
=0.000807 / 0.000665
=1.2135

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)
=((790.726 + 1279.856) / 3030.744) / ((768.821 + 1138.376) / 2704.332)
=0.683193 / 0.705238
=0.9687

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
=(9.982 - 0 - -108.371) / 3030.744
=0.039051

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.

Pestec International Bhd has a M-score of -1.92 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?
Pestec International Bhd (XKLS:5219) has a Beneish M-Score of 0.00 as of Jul. 05, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Pestec International Bhd and its competitors.
Is Pestec International Bhd's Beneish M-Score too high?
Pestec International Bhd's current Beneish M-Score is 0.00.
How does Pestec International Bhd's Beneish M-Score compare to PWR and FIX?
Pestec International Bhd's Beneish M-Score of 0.00 can be compared against companies in the Construction 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 Construction company?
A good Beneish M-Score depends on the Construction 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 Pestec International Bhd and its competitors. Pestec 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 Pestec International Bhd stock overvalued right now?
Pestec International Bhd (XKLS:5219) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. 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 Pestec International Bhd (XKLS:5219), the current Beneish M-Score is 0.00 as of Jul. 05, 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.

Pestec International Bhd Business Description

Address No. 26, Jalan Utarid U5/14, Seksyen U5, Shah Alam, SGR, MYS, 40150
Pestech International Bhd is an integrated electrical power technology company. It offers solutions for High Voltage (HV) and Extra High Voltage (EHV) electrical system which include engineering, procurement, construction and commissioning (EPCC) of substations, transmission line and power cables, infrastructure asset management, power generation, rail electrification and signalling as well as power distribution and smart grid. It also focus on developing sustainable energy generation and development where it provides solutions in large scale solar photovoltaic (PV) systems, industrial and commercial solar rooftop solution and off grid distributed energy system. The company has expanded its market reach into countries in the regions such as Cambodia, Philippines, Thailand, Myanmar, etc.