CNC
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 — CNC
Earnings Quality
Fiscal year 2024
Financial Forensics
Beneish M-Score · 2024
CNC exhibits a Beneish M-Score of -2.886, indicating a low likelihood of earnings manipulation, as it is well below the threshold of -1.78. However, the earnings quality score of 73.6 suggests some areas of concern, particularly in revenue recognition, which scored 0.0/100.
- Earnings quality score of 0.0/100 for revenue indicates significant issues in revenue recognition practices.
- SGAI of 1.1286 suggests potential inefficiencies in selling, general, and administrative expenses relative to sales.
- Beneish M-Score of -2.886 indicates a low probability of earnings manipulation.
- High cash conversion score of 100.0/100 reflects strong cash generation capabilities.
The ownership structure is heavily concentrated, with Công ty Cổ phần Traphaco holding 51.0%, which could lead to potential governance risks and reduced minority shareholder influence.
Investors should monitor revenue recognition closely and consider engaging with management regarding transparency in financial reporting. Given the strong cash conversion, it may be prudent to hold while assessing future earnings quality improvements.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for CNC — hover nodes for intel, click to navigate