BCR
ConstructionValuation Breakdown
Construction and industrial firms have characteristics of both cyclical businesses (lumpy project-based revenue) and growth companies (expanding order books). This model blends two approaches 50/50: EV/EBITDA valuation (captures current earning power relative to peers) and FCF-based DCF (captures future cash generation potential). If EV/EBITDA produces a negative value (debt exceeds enterprise value), only DCF is used.
Valuation Track Record
Retroactive intrinsic value vs actual close price — BCR
Earnings Quality
Fiscal year 2024
Financial Forensics
Beneish M-Score · 2024
BCR exhibits several concerning financial metrics that suggest potential earnings manipulation, particularly indicated by its Beneish M-Score of -1.6815, which is close to the manipulation threshold. The low earnings quality score of 29.7/100, especially the poor performance in cash conversion and receivables, raises significant red flags regarding the sustainability of reported earnings.
- Beneish M-Score of -1.6815, close to the manipulation threshold of -1.78.
- Earnings Quality Score of 29.7/100, with cash conversion at only 24.1/100 and receivables at 0.0/100, indicating poor earnings quality.
- DSRI of 1.7984 suggests that the company is managing its inventory levels relatively well compared to sales, which could indicate operational efficiency.
The high concentration of ownership with Bamboo Capital holding 62.1% raises concerns about governance and potential conflicts of interest, as institutional investors may prioritize their interests over minority shareholders.
Investors should exercise caution and closely monitor BCR's financial disclosures, particularly focusing on cash flow statements and receivables management. Consider waiting for improved earnings quality metrics before making significant investment decisions.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for BCR — hover nodes for intel, click to navigate