MAC
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 — MAC
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
The Beneish M-Score of -1.3211 indicates that MAC is not likely to be manipulating earnings, as it is above the threshold of -1.78. However, the high SGI of 2.0373 and low earnings quality score of 41.7 suggest potential concerns regarding revenue growth sustainability and overall earnings reliability.
- SGI of 2.0373 indicates aggressive revenue growth that may not be sustainable.
- Earnings Quality Score of 41.7/100 reflects significant concerns, particularly with eq_cash_conv at 0.0/100, suggesting poor cash conversion from earnings.
- Beneish M-Score of -1.3211 suggests a lower likelihood of earnings manipulation.
- High receivables quality score of 100.0/100 indicates strong management of receivables.
The ownership structure is heavily concentrated with institutional investors holding over 55% of shares, which may provide stability but also raises concerns about minority shareholder influence.
Investors should closely monitor revenue growth trends and cash conversion metrics before making investment decisions, as the current earnings quality raises potential red flags.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
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