X26
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 — X26
Earnings Quality
Fiscal year 2024
Financial Forensics
Beneish M-Score · 2024
The Beneish M-Score of -1.3386 indicates a low likelihood of earnings manipulation, as it is above the threshold of -1.78. However, the earnings quality metrics reveal significant concerns, particularly with a cash conversion score of only 30.9, suggesting potential issues with cash flow relative to reported earnings.
- Cash conversion score of 30.9 indicates poor cash flow management relative to earnings.
- Revenue quality score of 0.0 suggests that reported revenues may not be reliable.
- Beneish M-Score of -1.3386 suggests a lower risk of earnings manipulation.
- Strong receivables quality score of 100.0 indicates effective management of receivables.
The majority ownership by Bộ Quốc Phòng (51.0%) indicates a strong state influence, which may lead to operational stability but also raises concerns about transparency and accountability in corporate governance.
Investors should closely monitor cash flow performance and revenue recognition practices, considering the low cash conversion and revenue quality scores. A deeper analysis of operational efficiency and potential state influence on management decisions is advisable.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for X26 — hover nodes for intel, click to navigate