VIH
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 — VIH
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
The Beneish M-Score of -2.3774 indicates a low likelihood of earnings manipulation, as it is below the threshold of -1.78. However, the earnings quality score of 48.5/100, particularly low metrics in receivables and revenue, raises concerns about the sustainability of reported earnings.
- Earnings quality score of 48.5/100 indicates potential issues with earnings sustainability, especially with receivables at 28.1/100 and revenue at 0.0/100.
- Beneish M-Score of -2.3774 suggests a lower likelihood of earnings manipulation compared to the threshold of -1.78.
The majority ownership by Tổng Công ty Viglacera (51.0%) indicates a strong influence over corporate governance, which could lead to conflicts of interest or lack of transparency in decision-making.
Investors should closely monitor the company's cash flow and revenue recognition practices, given the low earnings quality metrics. Consider a cautious approach to investment until clearer signals of operational stability emerge.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for VIH — hover nodes for intel, click to navigate