MQN
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 — MQN
Earnings Quality
Fiscal year 2024
Financial Forensics
Beneish M-Score · 2024
The Beneish M-Score of -2.5281 indicates that MQN is not likely engaging in earnings manipulation, as it is below the threshold of -1.78. However, the earnings quality metrics reveal significant weaknesses, particularly in revenue recognition, which could pose risks in financial reporting.
- Earnings Quality Score of 66.3/100 indicates moderate quality, but a concerning eq_revenue score of 17.1/100 suggests potential issues in revenue recognition.
- SGAI of 1.3767 is notably high, indicating aggressive selling, which may signal potential inventory issues or declining demand.
- The DSRI of 0.8627 suggests that accounts receivable are well-managed relative to sales, which is a positive indicator for cash flow.
- The eq_accrual score of 86.6/100 indicates strong accrual management, reflecting a positive aspect of earnings quality.
The significant state ownership at 17.3% may imply government influence over strategic decisions, which can introduce both stability and unpredictability in governance. The presence of individual shareholders also suggests a diverse ownership structure, which can mitigate risks associated with concentrated ownership.
Investors should closely monitor MQN's revenue recognition practices and overall earnings quality metrics. Consider a cautious approach, potentially waiting for improved earnings quality indicators before making significant investments.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for MQN — hover nodes for intel, click to navigate