MeritValue

Vanguard Green Investment Ltd

VGESdata completeness 63%7 fiscal years on file

Data notes: no data for concept 'totalDebt'; no data for concept 'incomeTaxExpense'

i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$64,9511$46,7022$120,9383——
Net income−$386,9444−$357,3335−$68,8276−$26,0357−$76,7787
Operating cash flow−$156,5808−$4,1699−$63,5179−$97,89010−$74,05110
Capital expenditure$19,96511$41,81112———
Free cash flow (derived)−$176,5458−$45,9809———
Total debt—————
Cash & equivalents$20,23113$2,90914$4,42515$12,05216$9316
Diluted shares59.4M59.4M59.4M59.4M59.4M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
Net assets behind them
−$0.12
your share of equity
Profit it earned you last year
−$0.01
Free cash flow it threw off
—
Debt you’d be carrying
—

10 shares is a claim on −$0.12 of net worth that earned you −$0.01 last year.

iii. Is this a good business?
Moat signal · return on equity
— avg · 5y

Not enough data in the filings for a return-on-capital reading.

seeing a moat in the numbers →
Management signal · capital allocation
−0% shares · 5y

Share count is roughly flat over 5 years — little dilution, little buyback.

reading capital allocation →

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
not applicable
3y-median FCF non-positive — growth-exit DCF not applicable (see EPV)
DCF · Growth Exit 5Y
not applicable
3y-median FCF non-positive — growth-exit DCF not applicable (see EPV)
Earnings Power Value
not applicable
normalized (5y-median) earnings non-positive — EPV undefined
Graham Number
not applicable
diluted EPS missing or non-positive — Graham Number undefined

Different models answer different questions — which to trust when →

Sources — the receipts
  1. 10-K · period ending 2021-07-31 · accession 0001493152-22-029911 (RevenueFromContractWithCustomerExcludingAssessedTax)
  2. 10-K · period ending 2022-07-31 · accession 0001493152-23-038583 (RevenueFromContractWithCustomerExcludingAssessedTax)
  3. 10-K · period ending 2023-07-31 · accession 0001493152-24-044468 (RevenueFromContractWithCustomerExcludingAssessedTax)
  4. 10-K · period ending 2021-07-31 · accession 0001493152-22-029911 (NetIncomeLoss)
  5. 10-K · period ending 2022-07-31 · accession 0001493152-23-038583 (NetIncomeLoss)
  6. 10-K · period ending 2023-07-31 · accession 0001493152-24-044468 (NetIncomeLoss)
  7. 10-K · period ending 2024-07-31 · accession 0001493152-25-019166 (NetIncomeLoss)
  8. 10-K · period ending 2021-07-31 · accession 0001493152-22-029911 (NetCashProvidedByUsedInOperatingActivities)
  9. 10-K · period ending 2022-07-31 · accession 0001493152-23-038583 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2024-07-31 · accession 0001493152-25-019166 (NetCashProvidedByUsedInOperatingActivitiesContinuingOperations)
  11. 10-K · period ending 2021-07-31 · accession 0001493152-22-029911 (PaymentsToAcquirePropertyPlantAndEquipment)
  12. 10-K · period ending 2022-07-31 · accession 0001493152-23-038583 (PaymentsToAcquirePropertyPlantAndEquipment)
  13. 10-K · period ending 2021-07-31 · accession 0001493152-22-029911 (CashAndCashEquivalentsAtCarryingValue)
  14. 10-K · period ending 2022-07-31 · accession 0001493152-23-038583 (CashAndCashEquivalentsAtCarryingValue)
  15. 10-K · period ending 2023-07-31 · accession 0001493152-24-044468 (CashAndCashEquivalentsAtCarryingValue)
  16. 10-K · period ending 2024-07-31 · accession 0001493152-25-019166 (CashAndCashEquivalentsAtCarryingValue)