NAG
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 — NAG
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2024
NAG exhibits a Beneish M-Score of -2.1085, indicating a low likelihood of earnings manipulation. However, the earnings quality metrics reveal significant concerns, particularly in cash conversion, which may pose risks to financial stability.
- GMI of 1.3333 suggests increasing gross margins that may not be sustainable.
- Cash conversion score of 33.6/100 indicates poor ability to convert earnings into cash, raising concerns about liquidity.
- Earnings Quality Score of 77.3/100 reflects overall strong earnings quality, particularly in receivables and margins.
- DSRI of 0.9029 indicates that inventory levels are well-managed relative to sales, which is a positive sign.
The top shareholders hold a significant portion of the company, with the largest individual owning 33.3%. This concentration may lead to governance risks and potential conflicts of interest.
Investors should closely monitor cash flow performance and consider diversifying holdings to mitigate risks associated with ownership concentration.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for NAG — hover nodes for intel, click to navigate