Constellium SE — Earnings Quality Grade F
CSTM · Basic Materials
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 26 days, change +7 days YoY
AR growth 60.4% exceeds revenue growth 15.2%
Revenue 15.2%, CFFO 62.5%. Cash follows revenue
Expense Quality
Inventory 19.1% vs COGS 13.5%. Normal
CapEx growth -20.1% vs revenue 15.2%. Normal
SG&A/Gross Profit = 28.0%, excellent (<30%)
Gross margin 14.0%, change +1.3pp. Stable
Cash Flow Quality
CFFO/NI = 1.79. Profits backed by cash
FCF < 50% of Net Income for 2 years
Accruals ratio = -4.0%. Low accruals
Cash $0.1B covers only 6% of debt $1.9B
Balance Sheet Health
Goodwill+Intangibles $0.1B = 14% of equity. Manageable
Debt/EBITDA = 2.3x. Healthy
Insufficient data
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -6% YoY. Normal
Manipulation Score
M-Score = -2.28 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25