POS
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 — POS
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
The Beneish M-Score of -1.9666 indicates a potential risk of earnings manipulation, as it exceeds the threshold of -1.78. Coupled with a low earnings quality score of 56.7/100, particularly concerning cash conversion metrics, this raises significant concerns about the reliability of reported earnings.
- Beneish M-Score of -1.9666 indicates potential earnings manipulation, exceeding the threshold of -1.78.
- Earnings quality score of 56.7/100, with a cash conversion score of 0.0/100, suggests severe issues in converting earnings into cash.
- Strong receivables score of 100.0/100 indicates effective management of credit risk.
- High margin score of 100.0/100 suggests strong profitability in operations.
The high concentration of ownership, with 85.0% held by Tổng Công ty Cổ phần Dịch vụ Kỹ thuật Dầu khí Việt Nam, poses risks related to governance and minority shareholder rights, potentially limiting transparency.
Investors should exercise caution and consider further due diligence on cash flow management and earnings sustainability 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 POS — hover nodes for intel, click to navigate