HPH
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 — HPH
Earnings Quality
Fiscal year 2024
Financial Forensics
Beneish M-Score · 2024
HPH exhibits several concerning indicators of potential earnings manipulation, particularly with a Beneish M-Score of -2.0789, which is below the manipulation threshold. The low earnings quality score of 21.0/100 further underscores the risks associated with the company's financial reporting.
- Beneish M-Score of -2.0789 indicates potential manipulation, as it is below the threshold of -1.78.
- Earnings Quality Score of 21.0/100 suggests poor earnings quality, particularly with 0.0/100 in receivables, margin, and revenue metrics.
- DSRI of 0.8909 indicates that inventory levels are not growing faster than sales, which is a positive sign.
- SGI of 1.1113 shows that sales growth is present, albeit modest.
The top shareholder, Trương Thị Lan Anh, holds a significant 54.8% stake, indicating a lack of diverse ownership which can lead to governance risks and potential conflicts of interest.
Investors should exercise caution and conduct further due diligence on HPH, focusing on its earnings quality and ownership structure before making investment decisions.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for HPH — hover nodes for intel, click to navigate