VIN
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 — VIN
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
The Beneish M-Score of 1.5203 indicates a high likelihood of earnings manipulation, particularly given that it exceeds the threshold of -1.78. Coupled with a low earnings quality score of 42.3, the financial health of VIN appears concerning, especially in the context of its high dependency on institutional ownership.
- Beneish M-Score of 1.5203 indicates potential earnings manipulation, significantly above the threshold of -1.78.
- Earnings Quality Score of 42.3/100 reflects poor earnings quality, particularly highlighted by an eq_cash_conv score of 0.0/100.
- DSRI of 0.2786 suggests that accounts receivable are well managed relative to sales, indicating potential operational efficiency.
The overwhelming institutional ownership of 95.4% by Tổng Công ty Thép Việt Nam raises concerns about governance and potential lack of accountability, as minority shareholders have minimal influence.
Investors should exercise caution and closely monitor VIN's financial disclosures and governance practices, considering a wait-and-see approach before making investment decisions.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for VIN — hover nodes for intel, click to navigate