VIM
CyclicalsValuation Breakdown
Cyclical companies (chemicals, oil & gas, basic resources) have earnings that swing dramatically with commodity prices and economic cycles. Valuing them on a single year's earnings is misleading: they look cheap at peaks and expensive at troughs. This model uses 7-year median EBITDA ("mid-cycle" earnings) and a 7-year median EV/EBITDA multiple to estimate what the firm is worth at a normal point in the cycle.
Valuation Track Record
Retroactive intrinsic value vs actual close price — VIM
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
VIM exhibits several concerning indicators suggesting potential financial manipulation, particularly with a Beneish M-Score of -1.4033, which is above the manipulation threshold of -1.78. The earnings quality score of 35.4/100, driven by poor cash conversion and revenue metrics, further raises red flags about the sustainability of reported earnings.
- Beneish M-Score of -1.4033 indicates potential manipulation risk as it is above the threshold of -1.78.
- Earnings Quality Score of 35.4/100, with cash conversion at 0.0/100, suggests significant issues in converting earnings to cash.
- Receivables score of 100.0/100 paired with a revenue score of 0.0/100 raises concerns about revenue recognition practices.
- DSRI of 1.3740 indicates that inventory growth is in line with revenue growth, which is a positive sign.
- SGA (Selling, General and Administrative Expenses) ratio of 1.0493 suggests that VIM is managing its operating expenses relatively well compared to its sales.
The majority ownership by Tổng Công ty Viglacera (51.0%) indicates a strong institutional presence, which can provide stability. However, this concentration also raises concerns about governance and potential conflicts of interest.
Investors should exercise caution and closely monitor VIM's financial disclosures and cash flow statements. Conducting further due diligence on the company's revenue recognition practices and management's integrity is advisable before making investment decisions.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
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