SPH
ConsumerValuation Breakdown
A classic Discounted Cash Flow model built on Free Cash Flow (FCF), the actual cash a business generates after all operating expenses and capital expenditures. Future FCF is projected for 10 years with gradually decaying growth, then discounted back to today's value using WACC. This is the gold standard of intrinsic valuation: it values the company based on what it can actually deliver to shareholders, independent of market sentiment.
Valuation Track Record
Retroactive intrinsic value vs actual close price — SPH
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
SPH exhibits several concerning financial metrics that suggest potential earnings manipulation, particularly with a Beneish M-Score of -2.273, which is below the manipulation threshold. While the ownership structure indicates strong institutional control, the low earnings quality score and high sales growth index raise significant red flags.
- Beneish M-Score of -2.273 indicates potential earnings manipulation, as it is below the threshold of -1.78.
- Earnings Quality Score of 45.2/100 suggests inadequate earnings quality, particularly with revenue and margin metrics at 0.0/100.
- High SGI of 1.7005 indicates aggressive sales growth that may not be supported by underlying cash flows.
- Strong institutional ownership at 59.3% by Tổng Công ty Thủy sản Việt Nam may provide stability and governance oversight.
- Receivables quality score of 100.0/100 indicates effective management of receivables, suggesting that the company is collecting its debts efficiently.
The high concentration of ownership with 59.3% held by a single institutional investor could lead to governance risks, particularly if their interests diverge from minority shareholders.
Investors should exercise caution and closely monitor SPH's financial disclosures and operational performance, particularly regarding revenue recognition and cash flow management. Consider a wait-and-see approach until clearer signals of financial stability emerge.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
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> mapping common ownership for SPH — hover nodes for intel, click to navigate