BRR
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 — BRR
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2020
The Beneish M-Score of 0.3566 indicates a significant risk of earnings manipulation, as it exceeds the threshold of -1.78. Additionally, the earnings quality score of 49.2/100, particularly low cash conversion and receivables metrics, raises concerns about the sustainability of reported earnings.
- Beneish M-Score of 0.3566 indicates potential earnings manipulation risk.
- Earnings Quality Score of 49.2/100, with cash conversion at 44.2/100 and receivables at 0.0/100, suggests poor earnings quality.
- DSRI of 3.9698 indicates potential revenue growth, but at high risk of overstatement.
- High eq_margin score of 97.0/100 suggests strong profitability if revenues are accurate.
The overwhelming ownership by Tập đoàn Công nghiệp Cao su Việt Nam at 97.5% creates a lack of minority shareholder influence, increasing the risk of decisions that may not align with broader shareholder interests.
Investors should approach BRR with caution, closely monitoring for any changes in financial reporting and governance practices. Consider waiting for improved earnings quality metrics and a more balanced ownership structure 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 BRR — hover nodes for intel, click to navigate