JayCorp BhdXKLS:7152 -2.00%42 Beneish M-Score is -2.46 as of Jun. 26, 2026. GuruFocus rates XKLS:7152 with a GF Score™ of 42/100 and a GF Value™ of RM0.39 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 419 Furnishings, Fixtures & Appliances companies, JayCorp Bhd ranks worse than 59.43% 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 -2.46 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for JayCorp Bhd's Beneish M-Score or its related term are showing as below:
XKLS:7152'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.57 Med: -2.48 Max: 205.22
Current: -2.46
During the past 13 years, the highest Beneish M-Score of JayCorp Bhd was 205.22. The lowest was -3.57. And the median was -2.48.
JayCorp Bhd Beneish M-Score Related Terms
JayCorp Bhd Beneish M-Score Historical Data
* Premium members only.
The historical data trend for JayCorp 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.
XKLS:7152 vs SN, SGI, MHK: Beneish M-Score Comparison
For the Furnishings, Fixtures & Appliances subindustry, JayCorp 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.
JayCorp Bhd Beneish M-Score vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, JayCorp Bhd's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where JayCorp 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 JayCorp 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 * 1.0321
+
0.528 * 1.3171
+
0.404 * 1.0925
+
0.892 * 0.8418
+
0.115 * 1.0871
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.1298
+
4.679 * -0.016543
-
0.327 * 0.9577
=
-2.46
* 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))
=
(8.057 / (8.057 + 57.08))
/
(7.924 / (7.924 + 61.715))
=
0.123693
/
0.113787
=
1.0871
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
=
(1.356 - 0
-
5.289)
/
237.747
=
-0.016543
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.
JayCorp Bhd has a M-score of -2.46 suggests that the company is unlikely to be a manipulator.
JayCorp Bhd (XKLS:7152) has a Beneish M-Score of -2.46 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on JayCorp Bhd and its competitors. According to the industry distribution chart, JayCorp Bhd ranks #249 out of 419 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 59.4%.
Is JayCorp Bhd's Beneish M-Score too high?
JayCorp Bhd's current Beneish M-Score is -2.46. Based on the distribution chart, JayCorp Bhd ranks #249 out of 419 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, JayCorp Bhd has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does JayCorp Bhd's Beneish M-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, JayCorp Bhd ranks #249 out of 419 companies for Beneish M-Score. This places JayCorp 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 Furnishings, Fixtures & Appliances company?
A good Beneish M-Score depends on the Furnishings, Fixtures & Appliances 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 JayCorp Bhd and its competitors. JayCorp Bhd's current Beneish M-Score is -2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JayCorp Bhd stock overvalued right now?
Based on GuruFocus' analysis, JayCorp Bhd (XKLS:7152) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.39, compared to a current price of RM0.25 — trading 37.2% below its estimated fair value. The current Beneish M-Score is -2.46. JayCorp Bhd's overall GF Score™ is 42/100 with 8 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 JayCorp Bhd (XKLS:7152), the current Beneish M-Score is -2.46 as of Jun. 26, 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 JayCorp Bhd (XKLS:7152) Overvalued in 2026?
Based on GuruFocus' analysis, JayCorp Bhd stock appears to be undervalued.
The current stock price of RM0.25 is trading 37.2% below its estimated GF Value™ of RM0.39.
GuruFocus considers JayCorp Bhd to be Possible Value Trap.
Key valuation signals for XKLS:7152:
Beneish M-Score: -2.46
GF Value™: RM0.39 vs. price of RM0.25 (37.2% below fair value)
No single metric tells the full story. See the XKLS:7152 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JayCorp Bhd is engaged in the business of investment holding and provision of management services. The company operates in six business segments which include Furniture, Packaging, Wood processing, Renewable energy, Construction, and Others. The majority of the firm's revenue is derived from the Furniture segment which engages in the manufacture and sale of furniture; mainly rubberwood furniture. The Group's operations are located in Malaysia, Europe, North America, Rest of Asia and other regions. Geographically, the majority of revenue is generated from Malaysia.
42GF Score
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