ASP
UtilitiesValuation Breakdown
The Dividend Discount Model values a stock based on its future dividend payments, discounted to present value. The 3-stage variant captures three phases of a company's life: high growth (years 1-3), a transition period where growth declines linearly (years 4-6), and a terminal stage of stable, perpetual growth (year 7+). As John D. Rockefeller said: "The only thing that gives me pleasure is to see my dividends coming in."
Valuation Track Record
Retroactive intrinsic value vs actual close price — ASP
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
The Beneish M-Score of -2.645 indicates that ASP is not likely to be manipulating earnings, as it is below the threshold of -1.78. However, the low earnings quality score of 61.3 and particularly poor revenue quality (21.6/100) raises concerns about the sustainability of reported earnings.
- Earnings quality score of 61.3/100 indicates potential issues with earnings sustainability.
- Revenue quality score of 21.6/100 suggests significant concerns regarding the reliability of revenue recognition.
- Beneish M-Score of -2.645 suggests low likelihood of earnings manipulation.
- High cash conversion score of 100.0/100 indicates strong cash flow generation relative to earnings.
The top shareholder, Saisan Joint Stock Company, holds a significant 48.2% stake, which may lead to potential governance risks and reduced minority shareholder influence.
Investors should closely monitor ASP's revenue recognition practices and consider the implications of concentrated ownership on governance. A thorough review of cash flow statements and operational performance is recommended before making investment decisions.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for ASP — hover nodes for intel, click to navigate