BNA
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 — BNA
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
BNA exhibits a Beneish M-Score of -2.3028, indicating a low likelihood of earnings manipulation, as it is well below the threshold of -1.78. However, the earnings quality metrics show significant variability, particularly in receivables and revenue recognition, which warrant further scrutiny.
- Earnings Quality Score of 67.0/100 indicates potential concerns, especially with a low receivables score of 7.1/100, suggesting possible issues in revenue collection.
- The SGI of 1.1248 indicates a growth rate that may not be sustainable, raising concerns about the company's ability to maintain its revenue growth.
- The cash conversion score of 100.0/100 suggests strong cash flow generation relative to earnings, which is a positive indicator for operational efficiency.
- A Beneish M-Score of -2.3028 is significantly below the manipulation threshold, suggesting a lower risk of accounting fraud.
The ownership structure is heavily concentrated, with Lê Đức Thuận holding 36.0%, which can lead to potential governance risks and lack of minority shareholder protection.
Investors should closely monitor BNA's revenue recognition practices and receivables management. It may be prudent to engage with management regarding their growth strategies and ensure that growth is supported by sustainable cash flows.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
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> mapping common ownership for BNA — hover nodes for intel, click to navigate