MRF
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 — MRF
Earnings Quality
Fiscal year 2024
Financial Forensics
Beneish M-Score · 2020
The Beneish M-Score of -0.7694 indicates a low likelihood of earnings manipulation, as it is above the threshold of -1.78. However, the earnings quality score of 39.7/100, particularly low cash conversion and revenue metrics, raises concerns about the sustainability of reported earnings.
- Earnings Quality Score of 39.7/100, with cash conversion at 0.0/100 indicating poor cash flow relative to earnings.
- SGI of 1.8303 suggests aggressive revenue growth that may not be sustainable.
- Beneish M-Score of -0.7694 indicates a lower risk of earnings manipulation.
- Receivables score of 100.0/100 suggests effective management of accounts receivable.
The significant state ownership (16.2%) may lead to potential influence on financial reporting and operational decisions, which could obscure true performance. Additionally, the concentration of ownership among a few institutions and individuals presents a risk of conflicts of interest.
Investors should closely monitor cash flow performance and revenue sustainability, considering the elevated SGI. A deeper analysis of operational efficiency and potential state influence is recommended 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 MRF — hover nodes for intel, click to navigate