BDG
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 — BDG
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
BDG exhibits a Beneish M-Score of -1.1775, indicating a low likelihood of earnings manipulation. However, the earnings quality score of 34.9/100, particularly low cash conversion and receivables metrics, raises concerns about the sustainability of reported earnings.
- Earnings Quality Score of 34.9/100, with cash conversion at only 14.0/100, suggesting potential issues in cash flow management.
- Receivables metric at 10.7/100 indicates significant challenges in collecting outstanding debts, which may affect liquidity.
- Beneish M-Score of -1.1775 is above the manipulation threshold of -1.78, suggesting a lower risk of earnings manipulation.
- Strong gross margin score of 93.5/100 indicates effective cost management in production.
The ownership structure is heavily dominated by state entities, with 48.9% and 47.7% stakes, which may lead to potential conflicts of interest and reduced accountability in decision-making.
Investors should closely monitor cash flow and receivables management while considering the strong gross margin as a positive sign. A cautious approach is advised until improvements in earnings quality metrics are observed.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
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