UDJ
ConstructionValuation Breakdown
Construction and industrial firms have characteristics of both cyclical businesses (lumpy project-based revenue) and growth companies (expanding order books). This model blends two approaches 50/50: EV/EBITDA valuation (captures current earning power relative to peers) and FCF-based DCF (captures future cash generation potential). If EV/EBITDA produces a negative value (debt exceeds enterprise value), only DCF is used.
Valuation Track Record
Retroactive intrinsic value vs actual close price — UDJ
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
UDJ exhibits a Beneish M-Score of -2.2266, indicating a low likelihood of earnings manipulation. However, the earnings quality metrics reveal significant concerns, particularly with a very low revenue quality score of 0.0/100, suggesting potential issues in revenue recognition.
- Earnings quality score of 0.0/100 for revenue indicates potential aggressive revenue recognition practices.
- SGI of 1.4209 suggests high sales growth, which may not be sustainable given the low revenue quality.
- Beneish M-Score of -2.2266 is below the manipulation threshold of -1.78, indicating a lower likelihood of earnings manipulation.
- High cash conversion score of 100.0/100 indicates strong cash flow generation relative to earnings.
The majority ownership by Tập đoàn Đầu tư và Phát triển Công nghiệp Becamex (51.0%) may lead to potential conflicts of interest and reduced minority shareholder influence.
Investors should closely monitor revenue recognition practices and consider the sustainability of growth before making investment decisions. A thorough review of financial statements and cash flow projections is advisable.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for UDJ — hover nodes for intel, click to navigate