MLC
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 — MLC
Earnings Quality
Fiscal year 2024
Financial Forensics
Beneish M-Score · 2024
The Beneish M-Score of -2.2096 indicates a lower likelihood of earnings manipulation, as it is below the threshold of -1.78. However, the earnings quality metrics reveal weaknesses in cash conversion and margin, which could pose risks in financial reporting.
- Earnings Quality Score of 74.6/100 indicates potential concerns, particularly with cash conversion at 54.4/100, suggesting reliance on accruals rather than cash flow.
- The SGI of 1.1511 indicates above-average sales growth, which may not be sustainable and could lead to future earnings adjustments.
- The DSRI of 1.2115 is above 1, indicating that the company's inventory growth is in line with sales, which is a positive sign.
- A strong receivables score of 100.0/100 suggests effective collection practices and minimal risk of bad debts.
The majority ownership by the local government (51.0%) could lead to potential conflicts of interest and influence on corporate governance, impacting decision-making and transparency.
Investors should closely monitor cash flow metrics and consider the implications of government ownership on operational independence. A cautious approach is advised until improvements in earnings quality are evident.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for MLC — hover nodes for intel, click to navigate