CTB
CyclicalsValuation Breakdown
Cyclical companies (chemicals, oil & gas, basic resources) have earnings that swing dramatically with commodity prices and economic cycles. Valuing them on a single year's earnings is misleading: they look cheap at peaks and expensive at troughs. This model uses 7-year median EBITDA ("mid-cycle" earnings) and a 7-year median EV/EBITDA multiple to estimate what the firm is worth at a normal point in the cycle.
Valuation Track Record
Retroactive intrinsic value vs actual close price — CTB
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
CTB exhibits a Beneish M-Score of -2.8664, indicating a low likelihood of earnings manipulation. However, the earnings quality score of 76.2 suggests some areas of concern, particularly in revenue recognition, which may warrant further scrutiny.
- The revenue quality score is notably low at 40.4/100, indicating potential issues with revenue recognition practices.
- The DSRI of 0.4476 suggests that accounts receivable are growing slower than revenue, which may indicate aggressive revenue recognition.
- The earnings quality score of 76.2/100 reflects overall strong earnings quality, particularly in cash conversion (100.0/100) and margin (100.0/100).
- A low SGI of 0.8534 indicates that sales growth is not overly aggressive compared to the previous period, which can be a positive sign for sustainability.
The ownership structure is fragmented with no single shareholder holding a controlling stake, which may reduce the risk of management entrenchment but could lead to challenges in strategic decision-making.
Investors should monitor revenue recognition closely given the low revenue quality score and consider a deeper analysis of cash flow trends before making investment decisions.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for CTB — hover nodes for intel, click to navigate