VQC
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 — VQC
Earnings Quality
Fiscal year 2024
Financial Forensics
Beneish M-Score · 2024
VQC exhibits an elevated risk of earnings manipulation, as indicated by a Beneish M-Score of -1.4293, which is above the manipulation threshold of -1.78. The earnings quality metrics show significant weaknesses, particularly in cash conversion and receivables, suggesting potential issues with revenue recognition.
- Beneish M-Score of -1.4293 indicates potential earnings manipulation risk, as it is above the threshold of -1.78.
- Earnings quality cash conversion score of 36.5/100 is low, indicating potential issues in converting earnings to cash.
- Receivables quality score of 20.7/100 suggests aggressive revenue recognition practices.
- DSRI of 1.1873 indicates that the company is managing its inventory levels reasonably well compared to sales.
- SGAI of 0.9744 suggests that selling, general, and administrative expenses are being controlled effectively relative to sales growth.
The majority ownership by Tập đoàn Công nghiệp Than - Khoáng sản Việt Nam at 51.0% indicates a strong influence over company decisions, which can lead to potential conflicts of interest and reduced transparency.
Investors should exercise caution and conduct further due diligence, particularly focusing on cash flow and receivables management. Consider monitoring future earnings reports closely for signs of improvement in cash conversion and receivables quality.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for VQC — hover nodes for intel, click to navigate