CPA
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 — CPA
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
The Beneish M-Score of 0.0478 indicates a low likelihood of earnings manipulation, but several components raise concerns about earnings quality. The high DSRI and low earnings quality score suggest potential issues with revenue recognition and cash conversion.
- DSRI of 3.9904 indicates significant growth in receivables relative to sales, which may signal aggressive revenue recognition practices.
- Earnings Quality Score of 28.1/100 reflects poor performance in cash conversion (40.0/100) and revenue recognition (0.0/100), indicating potential issues with the sustainability of reported earnings.
- The GMI of 1.6820 suggests that gross margins are improving, which could be a positive indicator for future profitability.
The concentrated ownership structure, with the top three shareholders holding 69.9% of shares, raises governance risks, as decisions may favor the interests of a few individuals over minority shareholders.
Investors should closely monitor cash flow and revenue recognition practices, and consider engaging with management to address earnings quality concerns before making significant investment decisions.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for CPA — hover nodes for intel, click to navigate