HOM
ConstructionValuation Breakdown
Construction and industrial firms have characteristics of both cyclical businesses (lumpy project-based revenue) and growth companies (expanding order books). This model blends two approaches 50/50: EV/EBITDA valuation (captures current earning power relative to peers) and FCF-based DCF (captures future cash generation potential). If EV/EBITDA produces a negative value (debt exceeds enterprise value), only DCF is used.
Valuation Track Record
Retroactive intrinsic value vs actual close price — HOM
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
The Beneish M-Score of -1.938 indicates a potential risk of earnings manipulation, as it is below the threshold of -1.78. Additionally, the earnings quality score of 25.0/100 reflects significant concerns regarding cash conversion and revenue recognition.
- Beneish M-Score of -1.938 is below the manipulation threshold of -1.78, indicating potential earnings manipulation.
- Earnings Quality Score of 25.0/100, with cash conversion at 0.0/100, suggests severe issues in converting earnings into cash.
- DSRI of 1.6846 indicates a higher level of receivables relative to sales, which could suggest growth potential if managed properly.
- Ownership by Tổng Công ty Xi măng Việt Nam at 71.1% indicates strong institutional backing, which may provide stability.
The high concentration of ownership by Tổng Công ty Xi măng Việt Nam (71.1%) could lead to governance risks, as minority shareholders may have limited influence over corporate decisions.
Investors should approach HOM with caution, monitoring for signs of earnings quality improvement and potential cash flow enhancement. It may be prudent to wait for clearer financial disclosures before making significant investments.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for HOM — hover nodes for intel, click to navigate