TNV
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 — TNV
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
TNV exhibits several concerning indicators regarding earnings quality and potential manipulation, particularly with a Beneish M-Score of -2.2847, which suggests a low likelihood of earnings manipulation. However, the significant ownership by state and institutional investors may provide some stability.
- Beneish M-Score of -2.2847 indicates potential manipulation risk, as it is below the threshold of -1.78.
- Earnings Quality Score of 50.4/100 is below average, with a cash conversion score of 0.0/100, indicating poor cash flow relative to earnings.
- High receivables score of 100.0/100 suggests effective management of accounts receivable, which is a positive indicator for revenue collection.
The combined ownership of 86.7% by state and institutional investors may mitigate some risks associated with management practices, but it also raises concerns about potential government influence and lack of minority shareholder rights.
Investors should closely monitor TNV's cash flow performance and earnings quality metrics while considering a cautious approach due to elevated risk factors. It may be prudent to wait for improved transparency and cash conversion before increasing exposure.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for TNV — hover nodes for intel, click to navigate