Teck Guan Perdana Bhd (XKLS:7439) Beneish M-Score: -2.37 (As of Jun. 25, 2026)


XKLS:7439 Teck Guan Perdana Bhd XKLS:7439
81 GF Score
Price RM1.93
GF Value RM2.57
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Teck Guan Perdana Bhd Beneish M-Score?

Teck Guan Perdana Bhd XKLS:7439 -1.03% 81 Beneish M-Score is -2.37 as of Jun. 25, 2026. GuruFocus rates XKLS:7439 with a GF Score™ of 81/100 and a GF Value™ of RM2.57 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,849 Consumer Packaged Goods companies, Teck Guan Perdana Bhd ranks worse than 61.6% 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 -2.37 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

XKLS:7439' s Beneish M-Score Range Over the Past 10 Years
Min: -4.97   Med: -2.43   Max: 355
Current: -2.37

During the past 13 years, the highest Beneish M-Score of Teck Guan Perdana Bhd was 355.00. The lowest was -4.97. And the median was -2.43.


Teck Guan Perdana Bhd Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Teck Guan Perdana 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.

Teck Guan Perdana Bhd Beneish M-Score Chart

Teck Guan Perdana Bhd Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 355.00 -4.97 -3.62 -1.31 -2.37

Teck Guan Perdana Bhd Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 -1.31 3.47 -2.45 -1.80 -2.37

XKLS:7439 vs KHC, GIS: Beneish M-Score Comparison

For the Packaged Foods subindustry, Teck Guan Perdana 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.


Teck Guan Perdana Bhd Beneish M-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Teck Guan Perdana Bhd's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Teck Guan Perdana Bhd's Beneish M-Score falls into.


XKLS:7439
81GF Score
Teck Guan Perdana Bhd XKLS:7439
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Teck Guan Perdana 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 Teck Guan Perdana 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 * 0.7191+0.528 * 1.2534+0.404 * 0.8874+0.892 * 1.4333+0.115 * 0.9717
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.7665+4.679 * -0.029316-0.327 * 1.0266
=-2.37

* 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 (Jan26) TTM:Last Year (Jan25) TTM:
Total Receivables was RM6.5 Mil.
Revenue was 140.198 + 153.616 + 93.443 + 131.321 = RM518.6 Mil.
Gross Profit was 3.037 + 14.218 + 11.424 + 20.526 = RM49.2 Mil.
Total Current Assets was RM148.1 Mil.
Total Assets was RM213.6 Mil.
Property, Plant and Equipment(Net PPE) was RM65.4 Mil.
Depreciation, Depletion and Amortization(DDA) was RM4.8 Mil.
Selling, General, & Admin. Expense(SGA) was RM21.3 Mil.
Total Current Liabilities was RM55.6 Mil.
Long-Term Debt & Capital Lease Obligation was RM6.0 Mil.
Net Income was -5.104 + 6.126 + 5.257 + 11.379 = RM17.7 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = RM0.0 Mil.
Cash Flow from Operations was 16.651 + 27.958 + 42.422 + -63.11 = RM23.9 Mil.
Total Receivables was RM6.3 Mil.
Revenue was 125.1 + 68.368 + 133.795 + 34.549 = RM361.8 Mil.
Gross Profit was 14.382 + 11.209 + 11.981 + 5.459 = RM43.0 Mil.
Total Current Assets was RM121.7 Mil.
Total Assets was RM189.7 Mil.
Property, Plant and Equipment(Net PPE) was RM67.9 Mil.
Depreciation, Depletion and Amortization(DDA) was RM4.9 Mil.
Selling, General, & Admin. Expense(SGA) was RM19.4 Mil.
Total Current Liabilities was RM43.4 Mil.
Long-Term Debt & Capital Lease Obligation was RM9.8 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)
=(6.487 / 518.578) / (6.294 / 361.812)
=0.012509 / 0.017396
=0.7191

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)
=(43.031 / 361.812) / (49.205 / 518.578)
=0.118932 / 0.094884
=1.2534

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 - (148.146 + 65.395) / 213.637) / (1 - (121.748 + 67.889) / 189.733)
=0.000449 / 0.000506
=0.8874

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
=518.578 / 361.812
=1.4333

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))
=(4.86 / (4.86 + 67.889)) / (4.828 / (4.828 + 65.395))
=0.066805 / 0.068752
=0.9717

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)
=(21.324 / 518.578) / (19.409 / 361.812)
=0.04112 / 0.053644
=0.7665

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)
=((6.024 + 55.555) / 213.637) / ((9.846 + 43.427) / 189.733)
=0.288241 / 0.280779
=1.0266

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
=(17.658 - 0 - 23.921) / 213.637
=-0.029316

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.

Teck Guan Perdana Bhd has a M-score of -2.37 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 -2.37 mean?
Teck Guan Perdana Bhd (XKLS:7439) has a Beneish M-Score of -2.37 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Teck Guan Perdana Bhd and its competitors. According to the industry distribution chart, Teck Guan Perdana Bhd ranks #1139 out of 1849 companies in the Consumer Packaged Goods industry, placing it in the top 61.6%.
Is Teck Guan Perdana Bhd's Beneish M-Score too high?
Teck Guan Perdana Bhd's current Beneish M-Score is -2.37. Based on the distribution chart, Teck Guan Perdana Bhd ranks #1139 out of 1849 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Teck Guan Perdana Bhd has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Teck Guan Perdana Bhd's Beneish M-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Teck Guan Perdana Bhd ranks #1139 out of 1849 companies for Beneish M-Score. This places Teck Guan Perdana 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 Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods 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 Teck Guan Perdana Bhd and its competitors. Teck Guan Perdana Bhd's current Beneish M-Score is -2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teck Guan Perdana Bhd stock overvalued right now?
Based on GuruFocus' analysis, Teck Guan Perdana Bhd (XKLS:7439) is currently considered Modestly Undervalued. The stock's GF Value™ is RM2.57, compared to a current price of RM1.93 — trading 24.9% below its estimated fair value. The current Beneish M-Score is -2.37. Teck Guan Perdana Bhd's overall GF Score™ is 81/100 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 Teck Guan Perdana Bhd (XKLS:7439), the current Beneish M-Score is -2.37 as of Jun. 25, 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 Teck Guan Perdana Bhd (XKLS:7439) Overvalued in 2026?

Based on GuruFocus' analysis, Teck Guan Perdana Bhd stock appears to be undervalued. The current stock price of RM1.93 is trading 24.9% below its estimated GF Value™ of RM2.57. GuruFocus considers Teck Guan Perdana Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7439:

  • Beneish M-Score: -2.37
  • GF Value™: RM2.57 vs. price of RM1.93 (24.9% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the XKLS:7439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Teck Guan Perdana Bhd Business Description

Address Jalan Saint Patrick, No. 318, Teck Guan Regency, Off Jalan Belunu, Tawau, SBH, MYS, 91000
Teck Guan Perdana Bhd is engaged in the production of palm oil and cocoa. The company's business activities include the sale of plantation produce, crude palm kernel oil, palm kernel expeller, trading of palm oil-related products, the sale of cocoa products, and dried cocoa beans. Its segments include Cocoa products which processes and sells cocoa butter, cocoa powder, and other cocoa products, and the export of trading produce; Oil palm products which derives the majority of its revenue, and operates oil palm plantations, the operation of kernel crushing plant; and the Corporate segment that includes group-level corporate service and treasury functions. Geographically, the company generates a majority of its revenue from its customers in China.
81GF Score

Get the complete analysis for XKLS:7439

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

RM1.93
Price
RM2.57
GF Value