RBC
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 — RBC
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
RBC exhibits an elevated risk of earnings manipulation as indicated by a Beneish M-Score of -2.3296, significantly below the manipulation threshold of -1.78. Despite strong earnings quality metrics, particularly in cash conversion and receivables, the overall financial health remains questionable due to potential red flags in revenue recognition.
- Beneish M-Score of -2.3296 indicates potential earnings manipulation, well below the threshold of -1.78.
- Revenue quality score of 0.0/100 suggests significant issues in revenue recognition practices.
- Earnings Quality Score of 82.2/100 reflects strong cash conversion (100.0/100) and receivables management (100.0/100), indicating operational efficiency.
The high concentration of ownership, with Tập đoàn Công nghiệp Cao su Việt Nam holding 69.1%, raises concerns about governance and potential conflicts of interest, limiting minority shareholder influence.
Investors should exercise caution and conduct further due diligence, particularly regarding revenue recognition practices, before considering any investment in RBC.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for RBC — hover nodes for intel, click to navigate