Ta Win Holdings BhdXKLS:7097 Beneish M-Score is -5.20 as of Jul. 04, 2026. The stock has 5 warning signs investors should review. Among 2,918 Industrial Products companies, Ta Win Holdings Bhd ranks better than 98.53% 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 -5.2 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Ta Win Holdings Bhd's Beneish M-Score or its related term are showing as below:
XKLS:7097'
s Beneish M-Score Range Over the Past 10 Years
Min: -7.78 Med: -2.45 Max: 26.78
Current: -5.2
During the past 13 years, the highest Beneish M-Score of Ta Win Holdings Bhd was 26.78. The lowest was -7.78. And the median was -2.45.
Ta Win Holdings Bhd Beneish M-Score Related Terms
Ta Win Holdings Bhd Beneish M-Score Historical Data
* Premium members only.
The historical data trend for Ta Win Holdings 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.
For the Electrical Equipment & Parts subindustry, Ta Win Holdings 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.
Ta Win Holdings Bhd Beneish M-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ta Win Holdings Bhd's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Ta Win Holdings Bhd's Beneish M-Score falls into.
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 Ta Win Holdings 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 * 1.3569
+
0.528 * 0.3304
+
0.404 * 0.2811
+
0.892 * 0.5174
+
0.115 * 1.411
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.7172
+
4.679 * -0.452036
-
0.327 * 0.8699
=
-5.20
* 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.
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.
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))
=
(10.959 / (10.959 + 100.515))
/
(6.928 / (6.928 + 92.509))
=
0.09831
/
0.069672
=
1.411
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
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
=
(-35.814 - 0
-
66.819)
/
227.046
=
-0.452036
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.
Ta Win Holdings Bhd has a M-score of -5.20 suggests that the company is unlikely to be a manipulator.
Ta Win Holdings Bhd (XKLS:7097) has a Beneish M-Score of -5.20 as of Jul. 04, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Ta Win Holdings Bhd and its competitors. According to the industry distribution chart, Ta Win Holdings Bhd ranks #43 out of 2918 companies in the Industrial Products industry, placing it in the top 1.5%.
Is Ta Win Holdings Bhd's Beneish M-Score too high?
Ta Win Holdings Bhd's current Beneish M-Score is -5.20. Based on the distribution chart, Ta Win Holdings Bhd ranks #43 out of 2918 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers.
How does Ta Win Holdings Bhd's Beneish M-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ta Win Holdings Bhd ranks #43 out of 2918 companies for Beneish M-Score. This places Ta Win Holdings Bhd in the top 2% of its industry — outperforming the majority of peers. 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 an Industrial Products company?
A good Beneish M-Score depends on the Industrial Products 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 Ta Win Holdings Bhd and its competitors. Ta Win Holdings Bhd's current Beneish M-Score is -5.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta Win Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ta Win Holdings Bhd (XKLS:7097) is currently considered Fairly Valued. The stock's GF Value™ is RM0.01, compared to a current price of RM0.01 — trading right at its estimated fair value. The current Beneish M-Score is -5.20. 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 Ta Win Holdings Bhd (XKLS:7097), the current Beneish M-Score is -5.20 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.
Ta Win Holdings Bhd is an investment holding company. Along with its subsidiaries, the company's reportable segments are: Copper product, Cable and wire, Investment holding, Wire harness and power code, and Warehouse and logistics. Maximum revenue is derived from its copper products segment, engaged in the sales of copper wire and rod. The Cable and wire segment manufactures cable and wire using irradiation technology and ionising treatment. The Wire harness and power code segment manufactures and supplies electronic and electrical products, and the Warehouse and logistics segment provides public bonded warehousing and logistics services. Geographically, the company derives its key revenue from Malaysia and the rest from Brunei, Hong Kong, Vietnam, China, and other regions.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:7097 has been successfully added to your 