G20
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 — G20
Earnings Quality
Fiscal year 2023
Financial Forensics
Beneish M-Score · 2016
G20 exhibits several concerning indicators of potential earnings manipulation, as evidenced by a Beneish M-Score of -0.8671, which is above the manipulation threshold. While the earnings quality score of 48.1 suggests some operational strengths, the high DSRI and low cash conversion metrics raise significant red flags regarding financial health.
- Beneish M-Score of -0.8671 indicates potential earnings manipulation, as it is above the threshold of -1.78.
- DSRI of 1.3829 suggests a significant increase in receivables relative to sales, indicating potential revenue recognition issues.
- Earnings Quality Score of 48.1, particularly low cash conversion score of 0.0, raises concerns about the sustainability of reported earnings.
- Receivables quality score of 100.0 indicates strong management of receivables, which is a positive operational signal.
- SGI of 1.1667 suggests that sales growth is being achieved, which could indicate strong market demand.
The ownership structure shows significant concentration, with the top shareholder holding 25.0%. This could lead to governance risks, as decisions may favor a small group of shareholders over minority interests.
Investors should proceed with caution and conduct further due diligence, particularly focusing on cash flow statements and operational audits. Monitoring future earnings reports for consistency with cash flows will be crucial.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for G20 — hover nodes for intel, click to navigate