VPD
UtilitiesValuation Breakdown
The Dividend Discount Model values a stock based on its future dividend payments, discounted to present value. The 3-stage variant captures three phases of a company's life: high growth (years 1-3), a transition period where growth declines linearly (years 4-6), and a terminal stage of stable, perpetual growth (year 7+). As John D. Rockefeller said: "The only thing that gives me pleasure is to see my dividends coming in."
Valuation Track Record
Retroactive intrinsic value vs actual close price — VPD
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2017
VPD exhibits a Beneish M-Score of -0.9476, indicating a low likelihood of earnings manipulation, as it is well above the threshold of -1.78. However, the earnings quality metrics reveal significant weaknesses, particularly in revenue and margin quality, which could raise concerns about the sustainability of reported earnings.
- Earnings Quality Score of 54.3/100 indicates moderate earnings quality, with particularly poor scores in eq_margin (0.0/100) and eq_revenue (0.0/100), suggesting potential issues in revenue recognition and profitability.
- SGI of 1.3223 indicates a significant increase in sales growth, which may not be supported by cash flows, raising concerns about the sustainability of growth.
- The DSRI of 0.6957 suggests that the company is managing its inventory effectively relative to sales, which is a positive indicator in the context of potential overstatement of revenue.
- The eq_cash_conv score of 100.0/100 indicates strong cash conversion from earnings, which is a positive sign for liquidity and operational efficiency.
The ownership structure is heavily concentrated, with the top three institutional shareholders holding over 77% of shares. This concentration may lead to governance risks and a lack of minority shareholder influence.
Investors should closely monitor revenue recognition practices and cash flow sustainability given the earnings quality concerns. It may be prudent to approach VPD with caution, considering potential governance risks associated with concentrated ownership.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for VPD — hover nodes for intel, click to navigate