TNH
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 — TNH
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
The forensic assessment of TNH indicates elevated risk due to concerning earnings quality metrics and potential manipulation signals, despite a relatively low Beneish M-Score. The high GMI and low cash conversion suggest possible issues in revenue recognition and operational efficiency.
- GMI of 5.1415 indicates significant deterioration in gross margin, suggesting potential revenue manipulation.
- Earnings Quality Score of 32.0/100, particularly low receivables (23.2/100) and margin (0.0/100) scores, raises concerns about the sustainability of reported earnings.
- DSRI of 0.6085 indicates that inventory levels are well managed relative to sales, which is a positive sign.
- The presence of institutional investors such as Blooming Earth Pte. Ltd holding 13.7% suggests some level of confidence in the stock.
The concentrated ownership among a few institutional investors may lead to governance risks, particularly if their interests diverge from minority shareholders. However, institutional backing can also provide stability.
Investors should closely monitor TNH's earnings quality and operational metrics before making any commitments. Consider a cautious approach, possibly waiting for improved earnings visibility and transparency.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for TNH — hover nodes for intel, click to navigate