Benson Hill Intrinsic Stock Value – BENSON HILL Reports Q2 FY2023 Earnings Results on August 9 2023
August 11, 2023
🌥️Earnings Overview
BENSON HILL ($NYSE:BHIL) reported its earnings results for the second quarter of FY2023, which ended on June 30 2023, on August 9 2023. Total revenue for the quarter was USD 109.0 million, showing a 1.5% decrease compared to the same period in FY2022. Net income for the quarter was revealed to be USD -56.8 million, a decrease from the figure of -27.6 million reported in the prior year.
Price History
On Wednesday, August 9th, 2023, BENSON HILL stock opened at $1.2 and closed at $1.0, representing a 20.6% plunge from its prior closing price of $1.3. This sharp decline in stock price came in the lead up to the company releasing its second quarter financial results for the fiscal year 2023. The company attributed this weakness in revenues to the continued impact of the pandemic on the global economy and consumer demand. With these results, BENSON HILL’s stock price took a hit on the market as investors ran for safety. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Benson Hill. More…
| Total Revenues | Net Income | Net Margin |
| 421.72 | -143.67 | -28.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Benson Hill. More…
| Operations | Investing | Financing |
| -78.94 | 81.4 | -11.89 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Benson Hill. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 392.3 | 255.7 | 0.66 |
Key Ratios Snapshot
Some of the financial key ratios for Benson Hill are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 68.6% | – | -20.1% |
| FCF Margin | ROE | ROA |
| -22.9% | -32.0% | -13.5% |
Analysis – Benson Hill Intrinsic Stock Value
At GoodWhale, we conducted a thorough review of the fundamentals of BENSON HILL. Utilizing our proprietary Valuation Line, we determined the fair value of a BENSON HILL share to be approximately $5.8. Currently, BENSON HILL stock is traded at only $1.0, which is an undervaluation of 82.8%. This presents an ideal opportunity for investors looking to capitalize on a potential mispricing in the market. More…
Peers
The company’s products include plant-based proteins, oils, and flours. Benson Hill‘s competitors include Arcadia Biosciences Inc, Yield10 Bioscience Inc, Vikas Proppant & Granite Ltd, and other companies that produce plant-based food and ingredients.
– Arcadia Biosciences Inc ($NASDAQ:RKDA)
Arcadia Biosciences Inc is a publicly traded company with a market cap of 8.35M as of 2022. The company has a Return on Equity of -27.94%. Arcadia Biosciences is a biotechnology company that focuses on improving the quality and nutritional value of crops. The company uses its proprietary technologies to develop and commercialize products that improve crop yield, reduce pesticide use, and improve human health.
– Yield10 Bioscience Inc ($NASDAQ:YTEN)
Bioscience Inc is a company that focuses on providing innovative and sustainable solutions for the food and beverage industry. They have a market cap of 11.94M as of 2022 and a Return on Equity of -68.22%. The company has been facing some financial difficulties recently, but they are still working hard to provide the best possible products and services for their customers.
– Vikas Proppant & Granite Ltd ($BSE:531518)
Vikas Proppant & Granite Ltd, a mid-sized company in the mining industry, has a market capitalization of 416.89 million as of 2022. The company’s return on equity is -1.48%. The company’s primary business is the extraction and processing of minerals, including proppants and granite. The company has a strong presence in India and also has operations in other countries, including the United States, China, and Australia. Vikas Proppant & Granite Ltd has a diversified product portfolio and a experienced management team. The company is well-positioned to capitalize on the growing demand for minerals globally.
Summary
BENSON HILL‘s second quarter of FY2023, ending on June 30 2023, saw a 1.5% decrease in total revenue from the same period the year before, to USD 109.0 million. Net income for the quarter decreased to -56.8 million from -27.6 million the year before. On August 9 2023, the same day earnings were reported, the stock price of BENSON HILL dropped.
This could indicate that investors are concerned about the company’s financial performance and outlook. Therefore, those considering an investment in BENSON HILL should analyze the performance of the company closely and consider if it is a wise decision in light of the current market conditions.
Related Posts
Recent Posts
