DAS
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 — DAS
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
DAS exhibits several concerning financial metrics, particularly a Beneish M-Score of -2.0007, indicating potential earnings manipulation. The earnings quality score of 35.5/100, driven by poor receivables and revenue metrics, raises further alarms about the sustainability of reported earnings.
- Beneish M-Score of -2.0007, indicating potential manipulation as it is below the threshold of -1.78.
- Earnings Quality Score of 35.5/100, with eq_receivables and eq_revenue both at 0.0/100, suggesting significant issues in revenue recognition and cash conversion.
- DSRI of 2.1635 indicates a potential increase in sales relative to receivables, but this is overshadowed by the zero scores in receivables and revenue metrics.
The top shareholder, Công ty Cổ phần Máy - Thiết bị Dầu khí, holds a significant 49.8% stake, which could lead to potential conflicts of interest and reduced accountability in financial reporting.
Investors should exercise caution and consider conducting further due diligence on DAS, particularly focusing on cash flow and revenue recognition practices 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 DAS — hover nodes for intel, click to navigate