Uchi Technologies Bhd (XKLS:7100) Beneish M-Score: -2.16 (As of Jun. 27, 2026)

What is Uchi Technologies Bhd Beneish M-Score?

Uchi Technologies Bhd XKLS:7100 -0.35% 99 Beneish M-Score is -2.16 as of Jun. 27, 2026. GuruFocus rates XKLS:7100 with a GF Score™ of 99/100 and a GF Value™ of RM2.87 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,404 Hardware companies, Uchi Technologies Bhd ranks worse than 72.21% 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 -2.16 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Uchi Technologies Bhd's Beneish M-Score or its related term are showing as below:

XKLS:7100' s Beneish M-Score Range Over the Past 10 Years
Min: -3.07 Med: -2.43 Max: -1.31
Current: -2.16

During the past 13 years, the highest Beneish M-Score of Uchi Technologies Bhd was -1.31. The lowest was -3.07. And the median was -2.43.

Uchi Technologies Bhd Beneish M-Score Related Terms

Uchi Technologies Bhd Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Uchi 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.

Uchi Technologies Bhd Beneish M-Score Chart

Uchi Technologies Bhd Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Beneish M-Score

Get a 7-Day Free Trial

-2.98

-2.54

-1.48

-2.41

-2.16

Uchi Technologies 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															0.00	0.00	0.00	-2.16	0.00

XKLS:7100 vs APH, GLW, TEL: Beneish M-Score Comparison

For the Electronic Components subindustry, Uchi 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.

Uchi Technologies Bhd Beneish M-Score vs Hardware Industry

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

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

Save Embed

99GF Score

Uchi Technologies Bhd XKLS:7100

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Uchi 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 Uchi Technologies Bhd for today is based on a combination of the following eight different indices:

-4.84

0.92 * DSRI

0.528 * GMI

0.404 * AQI

0.892 * SGI

0.115 * DEPI

-4.84

0.92 * 1.4169

0.528 * 0.9969

0.404 * 1.0974

0.892 * 0.8295

0.115 * 1.0134

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 1

4.679 * 0.011101

0.327 * 1.0133

-2.16

This Year (Dec25) TTM:

Last Year (Dec24) TTM:

Total Receivables was RM20.1 Mil.
Revenue was RM184.2 Mil.
Gross Profit was RM140.8 Mil.
Total Current Assets was RM174.6 Mil.
Total Assets was RM209.2 Mil.
Property, Plant and Equipment(Net PPE) was RM34.2 Mil.
Depreciation, Depletion and Amortization(DDA) was RM3.7 Mil.
Selling, General, & Admin. Expense(SGA) was RM0.0 Mil.
Total Current Liabilities was RM28.4 Mil.
Long-Term Debt & Capital Lease Obligation was RM0.0 Mil.
Net Income was RM92.3 Mil.
Gross Profit was RM0.0 Mil.
Cash Flow from Operations was RM90.0 Mil.

Total Receivables was RM17.1 Mil.
Revenue was RM222.1 Mil.
Gross Profit was RM169.2 Mil.
Total Current Assets was RM189.1 Mil.
Total Assets was RM226.1 Mil.
Property, Plant and Equipment(Net PPE) was RM36.5 Mil.
Depreciation, Depletion and Amortization(DDA) was RM4.0 Mil.
Selling, General, & Admin. Expense(SGA) was RM0.0 Mil.
Total Current Liabilities was RM30.3 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)
	=	(20.088 / 184.228)	/	(17.091 / 222.092)
	=	0.109039	/	0.076955
	=	1.4169

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)
	=	(169.19 / 222.092)	/	(140.775 / 184.228)
	=	0.761801	/	0.764135
	=	0.9969

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 - (174.597 + 34.166) / 209.166)	/	(1 - (189.148 + 36.509) / 226.054)
	=	0.001927	/	0.001756
	=	1.0974

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
	=	184.228	/	222.092
	=	0.8295

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))
	=	(4.018 / (4.018 + 36.509))	/	(3.705 / (3.705 + 34.166))
	=	0.099144	/	0.097832
	=	1.0134

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 / 184.228)	/	(0 / 222.092)
	=	0	/	0
	=	1

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 + 28.369) / 209.166)	/	((0 + 30.256) / 226.054)
	=	0.135629	/	0.133844
	=	1.0133

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
	=	(92.298 - 0	-	89.976)	/	209.166
	=	0.011101

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.

Uchi Technologies Bhd has a M-score of -2.16 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 -2.16 mean?

Uchi Technologies Bhd (XKLS:7100) has a Beneish M-Score of -2.16 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Uchi Technologies Bhd and its competitors. According to the industry distribution chart, Uchi Technologies Bhd ranks #1736 out of 2404 companies in the Hardware industry, placing it in the top 72.2%.

Is Uchi Technologies Bhd's Beneish M-Score too high?

Uchi Technologies Bhd's current Beneish M-Score is -2.16. Based on the distribution chart, Uchi Technologies Bhd ranks #1736 out of 2404 companies in the Hardware industry, which is below the industry midpoint. Overall, Uchi Technologies Bhd has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Uchi Technologies Bhd's Beneish M-Score compare to APH and GLW?

According to the Hardware industry distribution chart, Uchi Technologies Bhd ranks #1736 out of 2404 companies for Beneish M-Score. This places Uchi 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 Hardware company?

A good Beneish M-Score depends on the Hardware 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 Uchi Technologies Bhd and its competitors. Uchi Technologies Bhd's current Beneish M-Score is -2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Uchi Technologies Bhd stock overvalued right now?

Based on GuruFocus' analysis, Uchi Technologies Bhd (XKLS:7100) is currently considered Fairly Valued. The stock's GF Value™ is RM2.87, compared to a current price of RM2.87 — trading right at its estimated fair value. The current Beneish M-Score is -2.16. Uchi Technologies Bhd's overall GF Score™ is 99/100 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 Uchi Technologies Bhd (XKLS:7100), the current Beneish M-Score is -2.16 as of Jun. 27, 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 Uchi Technologies Bhd (XKLS:7100) Overvalued in 2026?

Based on GuruFocus' analysis, Uchi Technologies Bhd stock appears to be undervalued. The current stock price of RM2.87 is trading 0% below its estimated GF Value™ of RM2.87. GuruFocus considers Uchi Technologies Bhd to be Fairly Valued.

Key valuation signals for XKLS:7100:

Beneish M-Score: -2.16
GF Value™: RM2.87 vs. price of RM2.87 (0% below fair value)
GF Score™: 99/100 with 2 warning signs

No single metric tells the full story. See the XKLS:7100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Uchi Technologies Bhd Business Description

Industry Technology Hardware

Comparable Companies XKLS:8907 XKLS:0325 XKLS:6963 XKLS:0270 XKLS:5317 XKLS:7095 XKLS:5311 XKLS:0127 XKLS:0083 XKLS:8176 TPE:2308 APH GLW TPE:2317 TSE:6981 XKRX:009150 SZSE:002475 TEL TPE:2383 SZSE:002384

Address 3097, Tingkat Perusahaan 4A, Free Trade Zone, Pulau, Perai, PNG, MYS, 13600

Website https://www.uchi.net

Uchi Technologies Bhd is an original design manufacturer (ODM) specializing in the design, research, development, and manufacture of electronic control systems, such as software development, hardware design, and system construction. Its operating segments are Manufacturing, Trading, and Investment Holding. The Manufacturing segment engages in making touchscreen advance display, high precision light measurement equipment, mixed-signal control systems for centrifuge equipment, mixed-signal microprocessor-based applications, system integration products, and electronic modules. The Trading segment involves the trading of an electric module and saturated paper for PCB lamination. It earns the majority of its revenue from the Manufacturing segment.

99GF Score

Get the complete analysis for XKLS:7100

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

RM2.87

Price

RM2.87

GF Value

View XKLS:7100 Analysis

See Beneish M-Score data for all stocks →