TQW
UtilitiesValuation Breakdown
The Dividend Discount Model values a stock based on its future dividend payments, discounted to present value. The 3-stage variant captures three phases of a company's life: high growth (years 1-3), a transition period where growth declines linearly (years 4-6), and a terminal stage of stable, perpetual growth (year 7+). As John D. Rockefeller said: "The only thing that gives me pleasure is to see my dividends coming in."
Valuation Track Record
Retroactive intrinsic value vs actual close price — TQW
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
The Beneish M-Score of -2.2419 indicates a low likelihood of earnings manipulation, as it is below the threshold of -1.78. However, the earnings quality metrics reveal significant weaknesses, particularly in receivables and revenue recognition, which could pose risks to financial integrity.
- Earnings Quality Score of 54.9/100 indicates moderate earnings quality, with a concerning score of 0.0/100 for eq_receivables and eq_revenue, suggesting potential issues in revenue recognition.
- DSRI of 1.4501 is above 1, indicating that accounts receivable are growing faster than revenue, which could signal aggressive revenue recognition practices.
- The cash conversion score of 100.0/100 indicates strong cash flow generation relative to earnings, which is a positive sign for liquidity.
- A low DEPI of 0.9444 suggests that the company is not overly reliant on depreciation to inflate earnings.
The ownership structure is heavily concentrated, with 68.7% held by a single entity (Ủy Ban Nhân Dân Tỉnh Tuyên Quang), which may lead to governance risks and potential conflicts of interest.
Investors should exercise caution due to the elevated risk indicators, particularly regarding revenue recognition practices. It is advisable to monitor future earnings reports closely and consider diversifying exposure.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
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> mapping common ownership for TQW — hover nodes for intel, click to navigate