DOC
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 — DOC
Earnings Quality
Fiscal year 2024
Financial Forensics
Beneish M-Score · 2024
The Beneish M-Score of 50.8346 significantly exceeds the manipulation threshold of -1.78, indicating a high likelihood of earnings manipulation. Coupled with a low Earnings Quality Score of 7.6/100, the financial health of DOC raises substantial concerns.
- Beneish M-Score of 50.8346 indicates likely earnings manipulation.
- Earnings Quality Score of 7.6/100 suggests poor earnings quality, particularly with eq_cash_conv and eq_receivables both at 0.0/100.
- The SGI of 0.9307 indicates a slight decrease in sales growth, which may reflect a cautious approach to expansion.
The high concentration of ownership, with 72.1% held by Tổng Công ty Công Nghiệp Thực Phẩm Đồng Nai, poses a risk of governance issues and potential conflicts of interest, limiting minority shareholder influence.
Investors should exercise caution and consider divesting from DOC until clearer financial transparency and improved earnings quality metrics are demonstrated.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for DOC — hover nodes for intel, click to navigate