QSP
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 — QSP
Earnings Quality
Fiscal year 2024
Financial Forensics
Beneish M-Score · 2024
The Beneish M-Score of 0.1033 indicates a potential risk of earnings manipulation, as it is above the threshold of -1.78. While the earnings quality score is relatively high at 85.7/100, the low revenue quality score of 43.7/100 raises concerns about the sustainability of reported earnings.
- Beneish M-Score of 0.1033 suggests potential earnings manipulation risk.
- Revenue quality score of 43.7/100 indicates significant concerns about revenue recognition.
- Earnings quality score of 85.7/100 reflects strong overall earnings quality.
- Accruals score of 98.5/100 indicates high-quality earnings with low levels of accruals.
The top shareholder, Công ty Cổ phần Cảng Quy Nhơn, holds a significant 16.7% stake, which may influence corporate governance and decision-making. However, the presence of multiple individual shareholders with smaller stakes suggests a diversified ownership structure.
Investors should closely monitor revenue recognition practices and consider conducting further due diligence on the company's financial reporting. A cautious approach is advised given the elevated risk of earnings manipulation.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for QSP — hover nodes for intel, click to navigate