DDV
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 — DDV
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
DDV shows a Beneish M-Score of -1.1761, indicating a low likelihood of earnings manipulation, as it is above the threshold of -1.78. However, the earnings quality metrics reveal significant weaknesses, particularly in revenue recognition and profit margins, which warrant caution.
- Earnings Quality Score of 68.6/100 indicates potential issues, especially with eq_margin at 5.6/100 and eq_revenue at 0.0/100, suggesting poor profitability and revenue recognition.
- SGI of 1.6711 indicates aggressive growth, which may not be sustainable given the weak revenue quality.
- Beneish M-Score of -1.1761 suggests a low risk of earnings manipulation.
- Strong receivables quality with eq_receivables at 100.0/100 indicates effective management of receivables.
The majority ownership by Tập đoàn Hóa chất Việt Nam at 64.0% may lead to potential conflicts of interest and reduced shareholder influence. However, institutional ownership can also provide stability.
Investors should closely monitor DDV's revenue recognition practices and margin improvements. Consider a cautious approach, focusing on earnings quality before making significant investment decisions.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
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