BCV
CyclicalsValuation Breakdown
Cyclical companies (chemicals, oil & gas, basic resources) have earnings that swing dramatically with commodity prices and economic cycles. Valuing them on a single year's earnings is misleading: they look cheap at peaks and expensive at troughs. This model uses 7-year median EBITDA ("mid-cycle" earnings) and a 7-year median EV/EBITDA multiple to estimate what the firm is worth at a normal point in the cycle.
Valuation Track Record
Retroactive intrinsic value vs actual close price — BCV
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
BCV exhibits a moderate risk profile with a Beneish M-Score of -2.3805, indicating no immediate signs of earnings manipulation. However, the high SGI of 1.6814 suggests aggressive growth strategies that may not be sustainable.
- SGI of 1.6814 indicates aggressive growth which may not be supported by fundamentals.
- GMI of 1.3000 suggests increasing gross margin pressure, which could impact future profitability.
- Earnings Quality Score of 87.6/100 indicates strong overall earnings quality.
- Cash conversion metrics are perfect at 100.0/100, suggesting effective cash management.
The ownership structure is heavily concentrated, with Tổng Công ty Khoáng sản TKV holding 51.3% and Ủy Ban Nhân Dân Tỉnh Cao Bằng at 41.8%, which may lead to potential governance issues and lack of minority shareholder influence.
Investors should monitor the sustainability of growth indicated by the high SGI and consider diversifying their portfolio to mitigate risks associated with concentrated ownership.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for BCV — hover nodes for intel, click to navigate