L61
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 — L61
Earnings Quality
Fiscal year 2024
Financial Forensics
Beneish M-Score · 2024
L61 exhibits several concerning indicators of potential financial manipulation, particularly with a Beneish M-Score of -2.5195, which is below the manipulation threshold. The earnings quality score of 33.2/100, especially low cash conversion and receivables metrics, further highlight risks in financial reporting.
- Beneish M-Score of -2.5195 indicates potential earnings manipulation, significantly below the threshold of -1.78.
- Earnings Quality Score of 33.2/100, with a cash conversion score of only 3.8/100, suggests poor earnings quality.
- Revenue quality score of 88.1/100 indicates strong revenue recognition practices.
The top shareholder, Tổng Công ty lắp máy Việt Nam, holds a significant 41.1% stake, indicating potential influence over corporate governance, which may lead to conflicts of interest given the state-owned enterprise (SOE) context.
Investors should exercise caution and conduct further due diligence, particularly regarding cash flow and receivables management, before considering any investment in L61.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for L61 — hover nodes for intel, click to navigate