VTA
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 — VTA
Earnings Quality
Fiscal year 2024
Financial Forensics
Beneish M-Score · 2022
VTA's Beneish M-Score of -2.6726 indicates a low likelihood of earnings manipulation, as it is well below the manipulation threshold of -1.78. However, the earnings quality score of 53.8/100, particularly low cash conversion and revenue metrics, raises concerns about the sustainability of reported earnings.
- Earnings Quality Score of 53.8/100, with cash conversion at only 40.0/100, indicating potential issues in translating earnings into cash flow.
- Revenue metrics at 0.0/100 suggest that revenue recognition practices may be aggressive or unreliable.
- Beneish M-Score of -2.6726 suggests low likelihood of earnings manipulation, indicating a potentially more transparent financial reporting environment.
The top shareholders are all institutional entities, with the largest holding 30.8%, which may provide stability; however, the concentration of ownership could lead to governance risks if interests diverge from minority shareholders.
Investors should closely monitor cash flow metrics and revenue recognition practices before making investment decisions. It may be prudent to adopt a cautious approach, considering the elevated risks associated with earnings quality.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for VTA — hover nodes for intel, click to navigate