LG9
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 — LG9
Earnings Quality
Fiscal year 2024
Financial Forensics
Beneish M-Score · 2024
The Beneish M-Score of -2.3813 indicates a low likelihood of earnings manipulation, as it is below the manipulation threshold of -1.78. However, the earnings quality score of 36.0/100, particularly the cash conversion score of 0.0/100, raises concerns about the sustainability of reported earnings.
- Earnings Quality Score of 36.0/100 indicates potential issues with earnings sustainability.
- Cash conversion score of 0.0/100 suggests that the company is not converting its earnings into cash, which is a significant red flag.
- Beneish M-Score of -2.3813 is below the manipulation threshold, suggesting a lower risk of earnings manipulation.
- DSRI of 1.0318 indicates that the company's receivables are growing in line with revenues, which is a positive sign.
The ownership structure shows a high concentration with Tổng Công ty LICOGI holding 51.0%, which may lead to potential governance issues and reduced minority shareholder influence.
Investors should closely monitor cash flow performance and consider the implications of concentrated ownership when evaluating LG9. A deeper analysis of operational efficiency is recommended to assess future earnings sustainability.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for LG9 — hover nodes for intel, click to navigate