SPC
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 — SPC
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
SPC exhibits a Beneish M-Score of -2.7893, indicating a low likelihood of earnings manipulation. However, the earnings quality score of 75.1 suggests some areas of concern, particularly in revenue and margin metrics, which could indicate potential risks in financial reporting.
- Earnings quality metrics show 0.0/100 in both eq_margin and eq_revenue, indicating significant issues in profitability and revenue recognition.
- The DSRI of 0.7656 suggests that accounts receivable are well-managed relative to revenue, indicating a lower risk of revenue manipulation.
The majority ownership by Tổng Công ty Nông Nghiệp Sài Gòn at 59.3% may lead to potential governance risks, as decisions may favor the interests of the state-owned enterprise over minority shareholders.
Investors should closely monitor SPC's revenue recognition practices and profitability metrics, while considering a cautious approach due to the concentrated ownership structure and potential governance issues.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for SPC — hover nodes for intel, click to navigate