HKT
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 — HKT
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2024
HKT displays several concerning indicators of potential earnings manipulation, as evidenced by a Beneish M-Score of -1.0771, which is above the threshold for manipulation risk. Additionally, the company's earnings quality score of 11.1/100, particularly low cash conversion and receivables metrics, raises further red flags regarding financial transparency.
- Beneish M-Score of -1.0771 indicates potential earnings manipulation risk, as it is above the threshold of -1.78.
- Earnings Quality Score of 11.1/100 highlights significant issues, particularly with eq_accrual and eq_cash_conv both at 0.0/100, suggesting poor earnings quality and cash flow issues.
- DSRI of 1.4709 indicates a significant increase in receivables relative to sales, which may suggest aggressive revenue recognition practices.
- SGI of 0.5341 reflects a decrease in sales growth, which may indicate a more conservative approach to revenue expectations.
- EQ_margin of 64.6/100 suggests that when revenue is recognized, it is done so with a reasonable margin, indicating some level of operational efficiency.
The ownership structure is highly concentrated, with Vi Thị Dung holding 60.3% of shares, which may pose risks of governance issues and lack of minority shareholder protections. This concentration can lead to potential conflicts of interest.
Investors should exercise caution and closely monitor HKT's financial disclosures and performance metrics. A thorough review of cash flow statements and revenue recognition policies is recommended before considering any investment.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
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