AMS
ConsumerValuation Breakdown
A classic Discounted Cash Flow model built on Free Cash Flow (FCF), the actual cash a business generates after all operating expenses and capital expenditures. Future FCF is projected for 10 years with gradually decaying growth, then discounted back to today's value using WACC. This is the gold standard of intrinsic valuation: it values the company based on what it can actually deliver to shareholders, independent of market sentiment.
Valuation Track Record
Retroactive intrinsic value vs actual close price — AMS
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
AMS exhibits a Beneish M-Score of -2.4656, indicating a low likelihood of earnings manipulation. However, the earnings quality metrics reveal significant concerns, particularly in revenue recognition, which could pose risks in financial reporting.
- The SGI of 1.0274 suggests a slight increase in sales growth, but the low eq_revenue score of 45.9/100 indicates potential issues with revenue recognition.
- The GMI of 1.2243 indicates a decline in gross margin, which could signal deteriorating profitability.
- The earnings quality score of 84.6/100, particularly strong cash conversion at 100.0/100, suggests robust cash flow generation.
- High institutional ownership with Sankyu Inc. holding 35.0% and Công ty Cổ phần Lisemco at 25.0% indicates confidence from significant investors.
The concentrated ownership structure, with the top three shareholders holding 79.1% of the company, raises concerns about potential governance issues and lack of minority shareholder influence.
Investors should closely monitor AMS's revenue recognition practices and consider the implications of its ownership structure. A cautious approach is advised, potentially waiting for clearer signals of revenue stability before making significant investments.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for AMS — hover nodes for intel, click to navigate