Aurelius Technologies Bhd (XKLS:5302) Beneish M-Score: 0.00 (As of Jul. 04, 2026)


XKLS:5302 Aurelius Technologies Bhd XKLS:5302
84 GF Score
Price RM0.69
GF Value RM1.03
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Aurelius Technologies Bhd Beneish M-Score?

Aurelius Technologies Bhd XKLS:5302 +0.74% 84 Beneish M-Score is 0.00 as of Jul. 04, 2026. GuruFocus rates XKLS:5302 with a GF Score™ of 84/100 and a GF Value™ of RM1.03 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 987 Semiconductors companies, Aurelius Technologies 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 Aurelius Technologies Bhd's Beneish M-Score or its related term are showing as below:

During the past 7 years, the highest Beneish M-Score of Aurelius Technologies Bhd was -3.40. The lowest was -3.40. And the median was -3.40.

Aurelius Technologies Bhd Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Aurelius Technologies 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.

Aurelius Technologies Bhd Beneish M-Score Chart

Aurelius Technologies Bhd Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Aurelius Technologies Bhd Quarterly Data
Jan20 Jan21 Aug21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 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 -3.40 0.00 0.00 0.00

XKLS:5302 vs AMAT, LRCX, KLAC: Beneish M-Score Comparison

For the Semiconductor Equipment & Materials subindustry, Aurelius Technologies 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.

Aurelius Technologies Bhd Beneish M-Score vs Semiconductors Industry

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

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


XKLS:5302
84GF Score
Aurelius Technologies Bhd XKLS:5302
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aurelius Technologies 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 Aurelius Technologies 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 RM145.1 Mil.
Revenue was 130.418 + 164.832 + 151.533 + 162.919 = RM609.7 Mil.
Gross Profit was 15.605 + 25.702 + 21.572 + 26.029 = RM88.9 Mil.
Total Current Assets was RM452.2 Mil.
Total Assets was RM674.6 Mil.
Property, Plant and Equipment(Net PPE) was RM222.4 Mil.
Depreciation, Depletion and Amortization(DDA) was RM14.8 Mil.
Selling, General, & Admin. Expense(SGA) was RM23.9 Mil.
Total Current Liabilities was RM155.5 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.0 Mil.
Net Income was 9.177 + 16.592 + 16.085 + 16.363 = RM58.2 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = RM0.0 Mil.
Cash Flow from Operations was 30.409 + 17.455 + 35.338 + 18.738 = RM101.9 Mil.
 Total Receivables was RM154.2 Mil.
Revenue was 147.853 + 160.46 + 165.744 + 152.261 = RM626.3 Mil.
Gross Profit was 22.545 + 20.423 + 18.903 + 23.438 = RM85.3 Mil.
Total Current Assets was RM445.0 Mil.
Total Assets was RM641.3 Mil.
Property, Plant and Equipment(Net PPE) was RM196.3 Mil.
Depreciation, Depletion and Amortization(DDA) was RM13.3 Mil.
Selling, General, & Admin. Expense(SGA) was RM35.1 Mil.
Total Current Liabilities was RM122.3 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)
=(145.122 / 609.702) / (154.239 / 626.318)
=0.238021 / 0.246263
=

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)
=(85.309 / 626.318) / (88.908 / 609.702)
=0.136207 / 0.145822
=

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 - (452.189 + 222.378) / 674.568) / (1 - (445.017 + 196.332) / 641.349)
=1.0E-6 / 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
=609.702 / 626.318
=

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))
=(13.259 / (13.259 + 196.332)) / (14.768 / (14.768 + 222.378))
=0.063261 / 0.062274
=

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)
=(23.896 / 609.702) / (35.106 / 626.318)
=0.039193 / 0.056051
=

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 + 155.534) / 674.568) / ((0.094 + 122.341) / 641.349)
=0.230568 / 0.190902
=

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
=(58.217 - 0 - 101.94) / 674.568
=-0.064816

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?
Aurelius Technologies Bhd (XKLS:5302) has a Beneish M-Score of 0.00 as of Jul. 04, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Aurelius Technologies Bhd and its competitors. According to the industry distribution chart, Aurelius Technologies Bhd ranks #999999 out of 987 companies in the Semiconductors industry.
Is Aurelius Technologies Bhd's Beneish M-Score too high?
Aurelius Technologies Bhd's current Beneish M-Score is 0.00. Based on the distribution chart, Aurelius Technologies Bhd ranks #999999 out of 987 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Aurelius Technologies Bhd has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aurelius Technologies Bhd's Beneish M-Score compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Aurelius Technologies Bhd ranks #999999 out of 987 companies for Beneish M-Score. This places Aurelius Technologies 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 Aurelius Technologies Bhd and its competitors. Aurelius Technologies 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 Aurelius Technologies Bhd stock overvalued right now?
Based on GuruFocus' analysis, Aurelius Technologies Bhd (XKLS:5302) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.03, compared to a current price of RM0.69 — trading 33.5% below its estimated fair value. The current Beneish M-Score is 0.00. Aurelius Technologies Bhd's overall GF Score™ is 84/100 with 2 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 Aurelius Technologies Bhd (XKLS:5302), the current Beneish M-Score is 0.00 as of Jul. 04, 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 Aurelius Technologies Bhd (XKLS:5302) Overvalued in 2026?

Based on GuruFocus' analysis, Aurelius Technologies Bhd stock appears to be undervalued. The current stock price of RM0.69 is trading 33.5% below its estimated GF Value™ of RM1.03. GuruFocus considers Aurelius Technologies Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5302:

  • Beneish M-Score: 0.00
  • GF Value™: RM1.03 vs. price of RM0.69 (33.5% below fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the XKLS:5302 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Aurelius Technologies Bhd Business Description

Address Plot 21, Jalan Hi-Tech 4, Kulim Hi-Tech Park, Phase 1, Kulim, KDH, MYS, 09090
Aurelius Technologies Bhd provides a one-stop manufacturing solution for industrial electronic products. It provides multicomponent semiconductor modules, PCBA, sub-assembly, box build and system build services. Geographically, it derives a majority of its revenue from the United States of America and also has a presence in Malaysia; Europe, and Asia-Pacific.
84GF Score

Get the complete analysis for XKLS:5302

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

RM0.69
Price
RM1.03
GF Value