LQN
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 — LQN
Earnings Quality
Fiscal year 2024
Financial Forensics
Beneish M-Score · 2017
LQN exhibits significant red flags indicating potential earnings manipulation, as evidenced by a Beneish M-Score of 1.2697, well above the manipulation threshold of -1.78. The earnings quality score of 29.5/100 further highlights concerns regarding the company's financial reporting integrity.
- Beneish M-Score of 1.2697 indicates likely earnings manipulation.
- Earnings Quality Score of 29.5/100 suggests poor earnings quality, particularly with an eq_margin of 0.0/100.
- GMI of 9.8277 indicates a high likelihood of revenue manipulation.
- DSRI of 1.2179 suggests that inventory is increasing at a reasonable rate compared to sales.
- SGAI of 0.7446 indicates that selling, general, and administrative expenses are well-controlled relative to sales growth.
The majority ownership by Tổng Công ty LICOGI (64.8%) raises concerns about potential conflicts of interest and lack of minority shareholder influence, which could exacerbate governance issues.
Investors should exercise caution and consider conducting further due diligence on LQN's financial practices and governance 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 LQN — hover nodes for intel, click to navigate