Pantech Global Bhd (XKLS:5331) Beneish M-Score: 0.00 (As of Jun. 28, 2026)


XKLS:5331 Pantech Global Bhd XKLS:5331
15 GF Score
Price RM0.46
! 4 Warning Signs
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What is Pantech Global Bhd Beneish M-Score?

Pantech Global Bhd XKLS:5331 15 Beneish M-Score is 0.00 as of Jun. 28, 2026. GuruFocus rates XKLS:5331 with a GF Score™ of 15/100. The stock has 4 warning signs investors should review. Among 588 Steel companies, Pantech Global Bhd ranks worse than 170067.86% 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 Pantech Global Bhd's Beneish M-Score or its related term are showing as below:

During the past 5 years, the highest Beneish M-Score of Pantech Global Bhd was 0.42. The lowest was -2.87. And the median was -1.23.

Pantech Global Bhd Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Pantech Global 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.

Pantech Global Bhd Beneish M-Score Chart

Pantech Global Bhd Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Beneish M-Score
0.00 0.00 -2.87 0.42 0.00

Pantech Global Bhd Quarterly Data
Feb22 Feb23 Feb24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.00 0.00 0.00 0.00

XKLS:5331 vs NUE, STLD, RS: Beneish M-Score Comparison

For the Steel subindustry, Pantech Global 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.

Pantech Global Bhd Beneish M-Score vs Steel Industry

For the Steel industry and Basic Materials sector, Pantech Global Bhd's Beneish M-Score distribution charts can be found below:

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


XKLS:5331
15GF Score
Pantech Global Bhd XKLS:5331
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pantech Global 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 Pantech Global 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 (Feb26) TTM:Last Year (Feb25) TTM:
Total Receivables was RM90.5 Mil.
Revenue was RM516.3 Mil.
Gross Profit was RM516.3 Mil.
Total Current Assets was RM452.3 Mil.
Total Assets was RM724.0 Mil.
Property, Plant and Equipment(Net PPE) was RM271.8 Mil.
Depreciation, Depletion and Amortization(DDA) was RM15.5 Mil.
Selling, General, & Admin. Expense(SGA) was RM0.0 Mil.
Total Current Liabilities was RM163.3 Mil.
Long-Term Debt & Capital Lease Obligation was RM14.7 Mil.
Net Income was RM46.1 Mil.
Gross Profit was RM0.0 Mil.
Cash Flow from Operations was RM27.5 Mil.
 Total Receivables was RM0.0 Mil.
Revenue was RM82.6 Mil.
Gross Profit was RM82.6 Mil.
Total Current Assets was RM0.0 Mil.
Total Assets was RM0.0 Mil.
Property, Plant and Equipment(Net PPE) was RM0.0 Mil.
Depreciation, Depletion and Amortization(DDA) was RM2.3 Mil.
Selling, General, & Admin. Expense(SGA) was RM0.0 Mil.
Total Current Liabilities was RM0.0 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.0 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)
=(90.495 / 516.29) / (0 / 82.58)
=0.175279 / 0
=

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)
=(82.58 / 82.58) / (516.29 / 516.29)
=1 / 1
=

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 - (452.258 + 271.782) / 724.04) / (1 - (0 + 0) / 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
=516.29 / 82.58
=

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))
=(2.324 / (2.324 + 0)) / (15.476 / (15.476 + 271.782))
=1 / 0.053875
=

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 / 516.29) / (0 / 82.58)
=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)
=((14.68 + 163.305) / 724.04) / ((0 + 0) / 0)
=0.245822 /
=

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
=(46.118 - 0 - 27.484) / 724.04
=0.025736

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?
Pantech Global Bhd (XKLS:5331) has a Beneish M-Score of 0.00 as of Jun. 28, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Pantech Global Bhd and its competitors. According to the industry distribution chart, Pantech Global Bhd ranks #999999 out of 588 companies in the Steel industry.
Is Pantech Global Bhd's Beneish M-Score too high?
Pantech Global Bhd's current Beneish M-Score is 0.00. Based on the distribution chart, Pantech Global Bhd ranks #999999 out of 588 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Pantech Global Bhd has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Pantech Global Bhd's Beneish M-Score compare to NUE and STLD?
According to the Steel industry distribution chart, Pantech Global Bhd ranks #999999 out of 588 companies for Beneish M-Score. This places Pantech Global 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 Steel company?
A good Beneish M-Score depends on the Steel 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 Pantech Global Bhd and its competitors. Pantech Global 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 Pantech Global Bhd stock overvalued right now?
Pantech Global Bhd (XKLS:5331) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Pantech Global Bhd's overall GF Score™ is 15/100 with 4 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 Pantech Global Bhd (XKLS:5331), the current Beneish M-Score is 0.00 as of Jun. 28, 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.

Pantech Global Bhd Business Description

Address Jalan Haji Abdul Manan Off Jalan Meru, Lot 13258 & 13259, Kapar, SGR, MYS, 42200
Pantech Global Bhd is principally involved in investment holding. Through its subsidiaries, it is principally involved in the manufacture of butt weld pipe fittings and welded pipes. Its butt weld pipe fittings include carbon and stainless steel elbows, tees, reducers, stub ends (stainless steel only) and end caps mainly for pressure piping applications. The Company's welded pipes are stainless steel which are designed for specific applications requiring high temperature resistance and corrosion protection. Its other business activities include the provision of HFI long bend services, sales of by-products, scrap and other products.
15GF Score

Get the complete analysis for XKLS:5331

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

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