NSS
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 — NSS
Earnings Quality
Fiscal year 2024
Financial Forensics
Beneish M-Score · 2023
NSS exhibits several concerning financial metrics that suggest potential earnings manipulation, particularly indicated by its Beneish M-Score of -2.667, which is below the manipulation threshold. While the company maintains a strong cash conversion rate, its low earnings quality score and poor receivables and revenue metrics raise significant red flags.
- Beneish M-Score of -2.667 indicates potential earnings manipulation, as it is below the threshold of -1.78.
- Earnings Quality Score of 43.8/100 suggests overall weak earnings quality, particularly with receivables at 25.8/100 and revenue at 0.0/100.
- Strong cash conversion rate of 100.0/100 indicates effective cash management despite low revenue quality.
The majority ownership by Tổng Công ty Công Nghiệp Thực Phẩm Đồng Nai at 84.3% suggests a lack of independent oversight, which could increase risks of management entrenchment and reduce accountability.
Investors should approach NSS with caution, considering a deeper analysis of cash flows and management practices 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 NSS — hover nodes for intel, click to navigate