CTD
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 — CTD
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
CTD exhibits a Beneish M-Score of -2.1536, indicating a low likelihood of earnings manipulation. However, the earnings quality metrics reveal significant weaknesses, particularly in cash conversion and profit margins, which could signal underlying operational issues.
- Earnings Quality Score of 54.3/100, with a cash conversion score of 0.0/100 indicating severe issues in converting earnings to cash.
- SGI of 1.3402 suggests aggressive revenue growth that may not be sustainable, raising concerns about the quality of reported earnings.
- Beneish M-Score of -2.1536 is well below the manipulation threshold of -1.78, suggesting a lower risk of earnings manipulation.
- Receivables score of 100.0/100 indicates strong management of accounts receivable, which is a positive sign for cash flow management.
The top shareholders are predominantly institutional, with Kustocem Pte Ltd holding 17.9%. This concentrated ownership may lead to governance risks, particularly if interests diverge from minority shareholders.
Monitor operational performance closely, particularly cash flow and margin improvements. Consider engaging with management to address earnings quality concerns and ensure sustainable growth.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for CTD — hover nodes for intel, click to navigate