Dataprep Holdings Bhd (XKLS:8338) Beneish M-Score: 0.00 (As of Jul. 06, 2026)


What is Dataprep Holdings Bhd Beneish M-Score?

Dataprep Holdings Bhd XKLS:8338 -5.56% Beneish M-Score is 0.00 as of Jul. 06, 2026. Among 2,626 Software companies, Dataprep Holdings Bhd ranks better than 88.31% 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 Dataprep Holdings Bhd's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Dataprep Holdings Bhd was 0.00. The lowest was 0.00. And the median was 0.00.

Dataprep Holdings Bhd Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Dataprep 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.

Dataprep Holdings Bhd Beneish M-Score Chart

Dataprep Holdings Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.11 -2.56 -0.23 -2.44 -3.56

Dataprep Holdings Bhd Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 0.00 0.00 -2.65 0.00 0.00

XKLS:8338 vs IBM, ACN, FISV: Beneish M-Score Comparison

For the Information Technology Services subindustry, Dataprep 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.

Dataprep Holdings Bhd Beneish M-Score vs Software Industry

For the Software industry and Technology sector, Dataprep Holdings Bhd's Beneish M-Score distribution charts can be found below:

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


Dataprep Holdings 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 Dataprep 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 * 0.7839+0.528 * 1.3524+0.404 * 0.6678+0.892 * 1.114+0.115 * 0.8244
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.8789+4.679 * -0.195192-0.327 * 1.3585
=-3.56

* 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 (Dec23) TTM:Last Year (Dec22) TTM:
Total Receivables was RM26.56 Mil.
Revenue was RM31.33 Mil.
Gross Profit was RM3.67 Mil.
Total Current Assets was RM56.31 Mil.
Total Assets was RM78.62 Mil.
Property, Plant and Equipment(Net PPE) was RM17.92 Mil.
Depreciation, Depletion and Amortization(DDA) was RM6.87 Mil.
Selling, General, & Admin. Expense(SGA) was RM9.98 Mil.
Total Current Liabilities was RM23.45 Mil.
Long-Term Debt & Capital Lease Obligation was RM1.10 Mil.
Net Income was RM-23.41 Mil.
Gross Profit was RM0.00 Mil.
Cash Flow from Operations was RM-8.06 Mil.
 Total Receivables was RM30.41 Mil.
Revenue was RM28.13 Mil.
Gross Profit was RM4.46 Mil.
Total Current Assets was RM59.37 Mil.
Total Assets was RM88.45 Mil.
Property, Plant and Equipment(Net PPE) was RM21.69 Mil.
Depreciation, Depletion and Amortization(DDA) was RM6.42 Mil.
Selling, General, & Admin. Expense(SGA) was RM10.19 Mil.
Total Current Liabilities was RM18.14 Mil.
Long-Term Debt & Capital Lease Obligation was RM2.19 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)
=(26.556 / 31.333) / (30.412 / 28.127)
=0.847541 / 1.081239
=0.7839

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)
=(4.459 / 28.127) / (3.673 / 31.333)
=0.158531 / 0.117225
=1.3524

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 - (56.308 + 17.923) / 78.615) / (1 - (59.37 + 21.69) / 88.446)
=0.055765 / 0.083509
=0.6678

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
=31.333 / 28.127
=1.114

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))
=(6.42 / (6.42 + 21.69)) / (6.868 / (6.868 + 17.923))
=0.228388 / 0.277036
=0.8244

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)
=(9.978 / 31.333) / (10.191 / 28.127)
=0.31845 / 0.362321
=0.8789

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)
=((1.097 + 23.445) / 78.615) / ((2.185 + 18.14) / 88.446)
=0.31218 / 0.229801
=1.3585

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
=(-23.407 - 0 - -8.062) / 78.615
=-0.195192

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.

Dataprep Holdings Bhd has a M-score of -3.56 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 0.00 mean?
Dataprep Holdings Bhd (XKLS:8338) has a Beneish M-Score of 0.00 as of Jul. 06, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Dataprep Holdings Bhd and its competitors. According to the industry distribution chart, Dataprep Holdings Bhd ranks #307 out of 2626 companies in the Software industry, placing it in the top 11.7%.
Is Dataprep Holdings Bhd's Beneish M-Score too high?
Dataprep Holdings Bhd's current Beneish M-Score is 0.00. Based on the distribution chart, Dataprep Holdings Bhd ranks #307 out of 2626 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does Dataprep Holdings Bhd's Beneish M-Score compare to IBM and ACN?
According to the Software industry distribution chart, Dataprep Holdings Bhd ranks #307 out of 2626 companies for Beneish M-Score. This places Dataprep Holdings Bhd in the top 12% 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 a Software company?
A good Beneish M-Score depends on the Software 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 Dataprep Holdings Bhd and its competitors. Dataprep Holdings 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 Dataprep Holdings Bhd stock overvalued right now?
Dataprep Holdings Bhd (XKLS:8338) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. 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 Dataprep Holdings Bhd (XKLS:8338), the current Beneish M-Score is 0.00 as of Jul. 06, 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.

Dataprep Holdings Bhd Business Description

Address 4A, Jalan 19/1, Suite 5.02, 5 th Floor, Wisma Academy, Petaling Jaya, SGR, MYS, 46300
Dataprep Holdings Bhd is an investment holding company engaged in the provision of management services to subsidiaries. Through its subsidiaries, the company offers networking equipment, services and training and provision of information technology services and secured payment solutions. It operates through two segments namely, Information, Communications and Technology (ICT) related products and services, and Payment solutions and services. It derives a majority of the revenue from the ICT related products and services trading segment. Geographically, the entity principally operates in Malaysia.