TV2
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 — TV2
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
TV2 exhibits several concerning indicators of potential earnings manipulation, as evidenced by a Beneish M-Score of -3.9663, significantly below the manipulation threshold of -1.78. While the earnings quality score of 58.4 suggests some level of reliability, the low accrual score of 15.6 raises concerns about the sustainability of reported earnings.
- Beneish M-Score of -3.9663 indicates a high likelihood of earnings manipulation.
- Earnings quality accrual score of 15.6/100 is alarmingly low, suggesting aggressive accounting practices.
- SGAI at 1.2796 indicates higher selling, general, and administrative expenses relative to sales, which could signal inefficiencies or potential misreporting.
- Cash conversion score of 100.0/100 indicates strong cash flow generation, which is a positive sign for operational health.
- Receivables score of 100.0/100 suggests effective management of accounts receivable, indicating potential reliability in cash collections.
The majority ownership by Tập đoàn Điện lực Việt Nam at 51.3% indicates significant influence over corporate governance, which can lead to potential conflicts of interest or lack of transparency in financial reporting.
Investors should exercise caution and conduct further due diligence, particularly focusing on cash flow statements and operational metrics. Monitoring future earnings reports for consistency and transparency is crucial before making investment decisions.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
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> mapping common ownership for TV2 — hover nodes for intel, click to navigate