FGL
ConsumerValuation Breakdown
A classic Discounted Cash Flow model built on Free Cash Flow (FCF), the actual cash a business generates after all operating expenses and capital expenditures. Future FCF is projected for 10 years with gradually decaying growth, then discounted back to today's value using WACC. This is the gold standard of intrinsic valuation: it values the company based on what it can actually deliver to shareholders, independent of market sentiment.
Valuation Track Record
Retroactive intrinsic value vs actual close price — FGL
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2016
FGL exhibits several concerning indicators of potential earnings manipulation, particularly with a Beneish M-Score of -1.3559, which is above the manipulation threshold. The earnings quality score of 36.1/100, combined with low cash conversion metrics, raises further concerns about the reliability of reported earnings.
- Beneish M-Score of -1.3559 indicates potential earnings manipulation, as it is above the threshold of -1.78.
- Earnings Quality Score of 36.1/100 suggests significant issues with earnings reliability, particularly highlighted by a cash conversion score of 0.0/100.
- The company has a relatively low DSRI of 0.5548, indicating that accounts receivable are not growing faster than revenue, which is a positive signal.
The ownership structure is heavily concentrated, with the top three shareholders holding over 66% of the company. This concentration may lead to governance risks and potential conflicts of interest.
Investors should exercise caution and conduct further due diligence before considering an investment in FGL, particularly focusing on cash flow metrics and governance practices.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for FGL — hover nodes for intel, click to navigate