PXT
ConstructionValuation Breakdown
Construction and industrial firms have characteristics of both cyclical businesses (lumpy project-based revenue) and growth companies (expanding order books). This model blends two approaches 50/50: EV/EBITDA valuation (captures current earning power relative to peers) and FCF-based DCF (captures future cash generation potential). If EV/EBITDA produces a negative value (debt exceeds enterprise value), only DCF is used.
Valuation Track Record
Retroactive intrinsic value vs actual close price — PXT
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
PXT exhibits a Beneish M-Score of -1.3493, indicating a low likelihood of earnings manipulation, as it is well above the manipulation threshold of -1.78. However, the Earnings Quality Score of 78.3/100, particularly the zero score in revenue quality, raises concerns about the sustainability of earnings.
- Earnings quality metric shows a 0.0/100 score in eq_revenue, suggesting potential issues with revenue recognition or reporting.
- Beneish M-Score of -1.3493 indicates low likelihood of earnings manipulation, providing some assurance of financial integrity.
The majority ownership by Tổng Công ty Cổ phần Xây lắp Dầu khí Việt Nam at 51.0% suggests a stable control structure, but it also raises concerns about potential conflicts of interest and governance issues.
Investors should closely monitor revenue recognition practices and consider the implications of the low revenue quality score before making investment decisions. Engaging with management for clarity on revenue generation strategies could provide additional insights.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for PXT — hover nodes for intel, click to navigate