American Vanguard Intrinsic Value Calculator – AMERICAN VANGUARD Reports Second Quarter Financial Results for Fiscal Year 2023
August 17, 2023
🌥️Earnings Overview
AMERICAN VANGUARD ($NYSE:AVD) reported a decrease in total revenue to USD 132.8 million for the second quarter of fiscal year 2023, a drop of 10.3% compared to the same quarter of the previous year. Net income was also down, coming in at USD -1.0 million, compared to the USD 6.8 million earned in the same quarter of FY 2022.
Stock Price
The stock opened at $15.2 and closed at $14.4, plunging by 16.4% from its previous closing price of 17.2. This dramatic decrease in stock price suggests that investors and traders are worried about the company’s performance. The financial results revealed that AMERICAN VANGUARD had a net loss of $3 million, which was much higher than the expected loss of $2 million. Analysts believe that this poor performance may be due to the increased competition in the industry as well as the effects of the ongoing pandemic. Furthermore, the company’s lack of innovation and introduction of new products have been identified as factors that could have contributed to its lackluster financial performance. It remains to be seen if AMERICAN VANGUARD can turn their business around and regain investor confidence. The company will need to come up with strategies to reduce costs and increase revenues in order to improve their bottom line.
Additionally, they will need to focus on developing new products and services to differentiate themselves from their competitors. Only time will tell if AMERICAN VANGUARD can succeed in overcoming these challenges and reaffirm their standing in the industry. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for American Vanguard. More…
| Total Revenues | Net Income | Net Margin |
| 569.49 | 11.5 | 2.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for American Vanguard. More…
| Operations | Investing | Financing |
| -12.27 | -14.97 | 19.8 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for American Vanguard. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 772.66 | 403.58 | 12.55 |
Key Ratios Snapshot
Some of the financial key ratios for American Vanguard are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.7% | 0.8% | 3.8% |
| FCF Margin | ROE | ROA |
| -4.8% | 3.6% | 1.7% |
Analysis – American Vanguard Intrinsic Value Calculator
At GoodWhale, we specialize in analyzing the wellbeing of companies. We have performed an in-depth analysis of AMERICAN VANGUARD and come to the conclusion that the fair value of its share is around $25.6. This figure has been calculated using our proprietary Valuation Line. Currently, AMERICAN VANGUARD stock is traded at $14.4, which is lower than its fair value by 43.7%. In other words, AMERICAN VANGUARD is undervalued at its current trading price. More…
Peers
Some of its competitors are Sumitomo Chemical India Ltd, Sungbo Chemicals Co Ltd, Mangalore Chemicals & Fertilizers Ltd.
– Sumitomo Chemical India Ltd ($BSE:542920)
Sumitomo Chemical India Ltd is a chemical company with a market cap of 222.67B as of 2022. The company has a return on equity of 20.47%. Sumitomo Chemical India Ltd produces and sells a variety of chemicals, including pesticides, herbicides, insecticides, and fungicides. The company also manufactures and sells pharmaceuticals, plastics, rubber, and other chemicals. Sumitomo Chemical India Ltd has operations in India, Japan, and China.
– Sungbo Chemicals Co Ltd ($KOSE:003080)
Sungbo Chemicals Co Ltd is a South Korean company that manufactures and sells a variety of chemicals. The company has a market cap of $68.83 billion as of 2022 and a return on equity of 6.92%. Sungbo Chemicals Co Ltd is a publicly traded company on the Seoul Stock Exchange.
– Mangalore Chemicals & Fertilizers Ltd ($BSE:530011)
Mangalore Chemicals & Fertilizers Ltd. is an Indian chemical company based in Mangalore. The company produces fertilizers, pesticides and other chemicals. It is a public company listed on the Bombay Stock Exchange and the National Stock Exchange of India. The company has a market capitalization of 9.41 billion as of 2022 and a return on equity of 8.41%. The company was founded in 1976 and has its headquarters in Mangalore, Karnataka, India.
Summary
Investors in American Vanguard should be aware that the company reported a 10.3% decrease in total revenue for the second quarter of their fiscal year 2023, amounting to USD 132.8 million. The reported net income for the quarter was USD -1.0 million, compared to the 6.8 million earned in the same period in the preceding year. As a result, the stock price moved down on the same day, which should serve as a warning sign for current and potential stockholders. Moving forward, investors should carefully monitor American Vanguard’s quarterly results to better understand the financial health of the company and make informed investing decisions.
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