NDF
ConsumerValuation Track Record
Retroactive intrinsic value vs actual close price — NDF
Earnings Quality
Fiscal year 2016
Financial Forensics
Beneish M-Score · 2015
The forensic assessment of NDF indicates elevated risk due to concerning earnings quality metrics and a high Beneish M-Score, suggesting potential manipulation. While the ownership structure is relatively dispersed, the low earnings quality score raises significant concerns about the reliability of reported financials.
- Beneish M-Score of -1.1381, which is above the manipulation threshold of -1.78, indicating potential earnings manipulation.
- Earnings Quality Score of 14.4/100, with cash conversion and receivables both at 0.0/100, suggesting severe issues with cash flow and revenue recognition.
- DSRI of 1.5828 indicates that sales growth is not excessively outpacing receivables growth, which could imply some level of sales integrity.
The ownership structure is fragmented with no single shareholder holding a majority stake, which may reduce the risk of concentrated control but also indicates a lack of strong oversight.
Investors should exercise caution and conduct further due diligence, particularly focusing on cash flow and revenue recognition practices, before considering any investment in NDF.
Generated by AI based on quantitative data. Not financial advice.