PLC
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 — PLC
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
PLC exhibits several concerning indicators regarding earnings quality and potential manipulation. Although the Beneish M-Score of -2.5822 suggests a lower likelihood of earnings manipulation, the earnings quality score of 47.6/100, particularly low cash conversion metrics, raises significant concerns.
- Earnings Quality Score of 47.6/100 indicates poor earnings quality, particularly with cash conversion at 0.0/100.
- The SGI of 1.1215 suggests that sales growth may not be sustainable, which could lead to future earnings shortfalls.
- Beneish M-Score of -2.5822 is below the manipulation threshold of -1.78, indicating a lower likelihood of earnings manipulation.
- Strong receivables score of 100.0/100 suggests effective management of accounts receivable.
The high concentration of ownership with Tập đoàn Xăng dầu Việt Nam holding 79.1% raises concerns about minority shareholder rights and potential governance issues.
Investors should closely monitor cash flow metrics and consider a cautious approach to investing in PLC, given the elevated risks associated with earnings quality and ownership concentration.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for PLC — hover nodes for intel, click to navigate