VMD
ConsumerValuation Breakdown
A classic Discounted Cash Flow model built on Free Cash Flow (FCF), the actual cash a business generates after all operating expenses and capital expenditures. Future FCF is projected for 10 years with gradually decaying growth, then discounted back to today's value using WACC. This is the gold standard of intrinsic valuation: it values the company based on what it can actually deliver to shareholders, independent of market sentiment.
Valuation Track Record
Retroactive intrinsic value vs actual close price — VMD
Earnings Quality
Fiscal year 2024
Financial Forensics
Beneish M-Score · 2024
VMD exhibits a Beneish M-Score of -3.012, indicating a low likelihood of earnings manipulation. However, the earnings quality metrics reveal significant weaknesses, particularly in receivables and margin, which could pose risks to financial stability.
- The DSRI of 1.3872 suggests potential issues with inventory management, indicating that the company may be overestimating its inventory levels.
- The earnings quality score of 56.8/100 is concerning, particularly the eq_receivables and eq_margin scores of 0.0/100, indicating a lack of effective receivables management and profitability.
- The eq_cash_conv score of 100.0/100 indicates strong cash conversion capabilities, which is a positive sign for liquidity.
- The GMI of 0.8546 suggests that gross margins are stable, which can be a positive indicator of operational efficiency.
The concentrated ownership structure, with the top shareholder holding 45.3%, raises concerns about governance and potential conflicts of interest, which could affect minority shareholders.
Investors should closely monitor VMD's inventory management and receivables processes. It may be prudent to adopt a cautious approach, considering the ownership concentration while leveraging the positive cash conversion capabilities.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for VMD — hover nodes for intel, click to navigate