NBP
UtilitiesValuation Breakdown
The Dividend Discount Model values a stock based on its future dividend payments, discounted to present value. The 3-stage variant captures three phases of a company's life: high growth (years 1-3), a transition period where growth declines linearly (years 4-6), and a terminal stage of stable, perpetual growth (year 7+). As John D. Rockefeller said: "The only thing that gives me pleasure is to see my dividends coming in."
Valuation Track Record
Retroactive intrinsic value vs actual close price — NBP
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
The Beneish M-Score of -2.108 indicates a low likelihood of earnings manipulation, but the high DSRI of 1.8645 and poor earnings quality metrics raise significant concerns. The earnings quality score of 11.8/100, particularly the zero scores in cash conversion and receivables, suggests severe issues in financial reporting and operational efficiency.
- DSRI of 1.8645 indicates a significant increase in receivables relative to sales, which may suggest aggressive revenue recognition.
- Earnings Quality Score of 11.8/100 indicates extremely poor earnings quality, with zero scores in cash conversion and receivables, raising concerns about the sustainability of reported earnings.
- Beneish M-Score of -2.108 is below the manipulation threshold of -1.78, suggesting a lower likelihood of earnings manipulation.
The ownership structure is heavily concentrated, with Tổng Công ty Phát điện 3 holding 54.8%, which may lead to potential conflicts of interest and reduced accountability in governance.
Investors should exercise caution and conduct further due diligence on NBP, particularly focusing on cash flow management and revenue recognition practices before considering any investment.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
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