MDA
ConsumerValuation Breakdown
A classic Discounted Cash Flow model built on Free Cash Flow (FCF), the actual cash a business generates after all operating expenses and capital expenditures. Future FCF is projected for 10 years with gradually decaying growth, then discounted back to today's value using WACC. This is the gold standard of intrinsic valuation: it values the company based on what it can actually deliver to shareholders, independent of market sentiment.
Valuation Track Record
Retroactive intrinsic value vs actual close price — MDA
Earnings Quality
Fiscal year 2024
Financial Forensics
Beneish M-Score · 2024
MDA exhibits a Beneish M-Score of -1.69, indicating a low likelihood of earnings manipulation, as it is above the threshold of -1.78. However, the earnings quality score of 28.1/100, particularly low cash conversion and revenue metrics, raises concerns about the sustainability of reported earnings.
- Earnings Quality Score of 28.1/100 indicates significant issues with cash conversion (0.0/100) and revenue recognition (0.0/100), suggesting potential overstatement of earnings.
- DSRI of 1.0917 and SGI of 1.1333 indicate that inventory and sales growth are not aligned, which could signal inventory accumulation or sales manipulation.
- Beneish M-Score of -1.69 suggests a lower likelihood of earnings manipulation compared to the threshold, indicating some level of earnings integrity.
The majority ownership by Công ty TNHH MTV Môi Trường Đô Thị Hà Nội (51.0%) indicates a strong influence from a state-owned enterprise, which may lead to potential conflicts of interest and reduced transparency.
Investors should closely monitor MDA's cash flow and revenue recognition practices, and consider a cautious approach until improvements in earnings quality metrics are observed.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
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