KVC
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 — KVC
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2022
KVC exhibits several concerning financial metrics indicating potential manipulation, particularly with a Beneish M-Score of -5.1009, well below the manipulation threshold. While the earnings quality score of 58.5 suggests some strengths, the low cash conversion and revenue metrics raise significant red flags.
- Beneish M-Score of -5.1009 indicates a high likelihood of earnings manipulation.
- Earnings quality metrics show a cash conversion score of only 30.0/100, suggesting poor cash flow relative to earnings.
- Revenue quality score of 0.0/100 indicates a complete lack of revenue recognition quality.
- DSRI of 0.8163 indicates a decrease in receivables relative to sales, which could suggest improved efficiency.
- High receivables quality score of 100.0/100 indicates strong management of receivables.
The ownership structure is fragmented with no single shareholder holding a controlling stake, which may lead to governance challenges and potential conflicts of interest among shareholders.
Investors should exercise caution and conduct further due diligence, particularly focusing on cash flow and revenue recognition practices before considering any investment in KVC.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for KVC — hover nodes for intel, click to navigate