CDC
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 — CDC
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
CDC exhibits several concerning financial metrics indicative of potential earnings manipulation, particularly with a Beneish M-Score of -1.3218, which is above the manipulation threshold. The earnings quality score of 36.1/100, combined with low cash conversion metrics, raises further concerns about the reliability of reported earnings.
- Beneish M-Score of -1.3218, indicating potential earnings manipulation risk as it is above the threshold of -1.78.
- Earnings Quality Score of 36.1/100, highlighting significant issues with cash conversion (0.0/100) and profit margins (10.0/100).
- Receivables quality score of 100.0/100 suggests strong management of receivables, which could indicate effective collection practices.
The ownership structure is fragmented with no single shareholder holding a significant controlling stake, which may lead to governance challenges and potential conflicts of interest among minority shareholders.
Investors should exercise caution and conduct further due diligence, particularly focusing on cash flow analysis and management practices, before considering any investment in CDC.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for CDC — hover nodes for intel, click to navigate