VTX
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 — VTX
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2022
VTX exhibits several concerning indicators of potential earnings manipulation, as evidenced by a Beneish M-Score of -1.9474, which is below the manipulation threshold of -1.78. The earnings quality score of 31.6/100, particularly low cash conversion and revenue metrics, further raises red flags regarding the sustainability of reported earnings.
- Beneish M-Score of -1.9474 indicates potential earnings manipulation, significantly below the threshold of -1.78.
- Earnings Quality Score of 31.6/100, with cash conversion and revenue metrics at 0.0/100, suggesting serious issues with the quality of earnings.
- DSRI of 1.5054 indicates that the company is managing its inventory levels relatively well compared to sales, which could be a positive sign in terms of operational efficiency.
The overwhelming ownership by Công ty Cổ phần Kho Vận Miền Nam at 93.2% raises concerns about governance and minority shareholder rights, potentially leading to decisions that favor the majority stakeholder.
Investors should approach VTX with caution, considering a deeper investigation into the company's financial practices and governance structure before making investment decisions.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for VTX — hover nodes for intel, click to navigate