BT6
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 — BT6
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2024
The Beneish M-Score of -4.6503 indicates a low likelihood of earnings manipulation, as it is well below the threshold of -1.78. However, the earnings quality score of 29.3/100, particularly low accrual and cash conversion metrics, raises concerns about the sustainability of reported earnings.
- Earnings Quality Score of 29.3/100 indicates poor earnings quality, with eq_accrual at 0.0/100 and eq_cash_conv at 1.9/100.
- SGI at 2.1913 suggests aggressive growth that may not be supported by actual cash flows.
- Beneish M-Score of -4.6503 suggests low likelihood of earnings manipulation.
- High receivables score of 100.0/100 indicates effective management of receivables.
The top shareholders are predominantly institutional, which may lend credibility to the governance structure; however, the concentration of ownership could pose risks if these entities pursue aggressive strategies.
Investors should closely monitor cash flow performance and consider the sustainability of growth rates before making investment decisions. A deeper analysis of operational efficiency and cash management practices is recommended.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for BT6 — hover nodes for intel, click to navigate