DC1
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 — DC1
Earnings Quality
Fiscal year 2024
Financial Forensics
Beneish M-Score · 2024
The Beneish M-Score of -2.2863 indicates a low likelihood of earnings manipulation, as it is below the threshold of -1.78. However, the Earnings Quality Score of 40.7/100, particularly the 0.0/100 in cash conversion and revenue metrics, raises concerns about the sustainability of reported earnings.
- Earnings Quality Score of 40.7/100, with 0.0/100 in cash conversion and revenue metrics indicating potential issues with earnings sustainability.
- High DEPI of 4.2724 suggests aggressive revenue recognition practices, which may not align with cash flows.
- Beneish M-Score of -2.2863 is below the manipulation threshold, suggesting a lower likelihood of earnings manipulation.
- Strong receivables quality score of 100.0/100 indicates effective management of accounts receivable.
The ownership structure is heavily concentrated, with the top shareholder holding 51.7%, which may lead to governance risks and potential conflicts of interest.
Investors should closely monitor cash flow metrics and revenue recognition practices. Consider a cautious approach to investment until further clarity on earnings sustainability is achieved.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for DC1 — hover nodes for intel, click to navigate