VVS
CyclicalsValuation Breakdown
Cyclical companies (chemicals, oil & gas, basic resources) have earnings that swing dramatically with commodity prices and economic cycles. Valuing them on a single year's earnings is misleading: they look cheap at peaks and expensive at troughs. This model uses 7-year median EBITDA ("mid-cycle" earnings) and a 7-year median EV/EBITDA multiple to estimate what the firm is worth at a normal point in the cycle.
Valuation Track Record
Retroactive intrinsic value vs actual close price — VVS
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2025
VVS exhibits several concerning indicators of potential earnings manipulation, as evidenced by a Beneish M-Score of -2.9166, which is below the manipulation threshold of -1.78. While the earnings quality score of 52.2 suggests some strengths, particularly in cash conversion, the overall financial health raises significant red flags.
- Beneish M-Score of -2.9166 indicates potential earnings manipulation, significantly below the manipulation threshold of -1.78.
- High SGI of 2.0690 suggests aggressive revenue growth that may not be sustainable.
- Low eq_margin of 3.0/100 and eq_revenue of 0.0/100 indicate poor earnings quality and potential issues with revenue recognition.
- Strong cash conversion with an eq_cash_conv score of 100.0/100 indicates that the company is effectively converting earnings into cash.
- Ownership concentration with Nguyễn Vũ Trụ holding 44.8% may provide stability and commitment to the company's long-term strategy.
The high concentration of ownership with Nguyễn Vũ Trụ holding 44.8% presents a risk of potential conflicts of interest and lack of oversight, which could exacerbate issues related to earnings manipulation.
Investors should exercise caution and closely monitor VVS's financial disclosures and operational performance. A thorough review of the company's revenue recognition practices and growth sustainability is recommended before making investment decisions.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
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