CMP
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 — CMP
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
CMP exhibits several concerning indicators of potential earnings manipulation, as reflected by its Beneish M-Score of -2.6219, which is significantly below the manipulation threshold of -1.78. The earnings quality score of 44.8/100, particularly low scores in receivables, margin, and revenue metrics, further highlight potential issues in financial reporting.
- Beneish M-Score of -2.6219 indicates a high likelihood of earnings manipulation, well below the threshold of -1.78.
- Earnings Quality Score of 44.8/100, with 0.0/100 in receivables, margin, and revenue metrics, suggests severe issues with revenue recognition and cash flow management.
- The DSRI of 1.3684 indicates that inventory levels are increasing, which could suggest growth potential if managed properly.
- The eq_cash_conv score of 100.0/100 indicates strong cash conversion from earnings, suggesting that cash flows are being generated effectively despite other concerns.
The overwhelming ownership by Tổng Công ty Công Nghiệp Tàu Thủy (98.9%) raises concerns about lack of minority shareholder influence and potential governance issues, as decisions may heavily favor the controlling entity.
Investors should exercise caution and closely monitor CMP's financial disclosures and operational performance, particularly focusing on revenue recognition practices. A thorough review of governance practices is also recommended before making any investment decisions.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for CMP — hover nodes for intel, click to navigate