VJC
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 — VJC
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
VJC exhibits a Beneish M-Score of -2.222, indicating a lower likelihood of earnings manipulation, as it is below the threshold of -1.78. However, the earnings quality metrics reveal some concerns, particularly in revenue quality and margin performance, which could signal potential operational inefficiencies.
- SGI at 1.1395 indicates significant sales growth relative to prior periods, which may not be sustainable.
- EQ margin score of 11.4/100 suggests poor profitability relative to revenue, raising concerns about operational efficiency.
- High eq_accrual score of 99.2/100 indicates strong accrual quality, suggesting that reported earnings are backed by actual cash flows.
- Ownership by institutional investors (26.2% by Công ty TNHH Đầu Tư Hướng Dương Sunny) provides a level of stability and oversight.
The ownership structure is relatively concentrated, with the top shareholder holding 26.2%. This concentration may pose risks related to governance and decision-making, particularly if the interests of minority shareholders are overlooked.
Monitor the company's revenue growth closely, as the high SGI suggests potential volatility. Consider a cautious approach to investment until operational efficiencies improve and margins stabilize.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for VJC — hover nodes for intel, click to navigate