360 Capital Intrinsic Value Calculator – 360 CAPITAL Reports Q2 2023 Financial Results on December 31, 2022
March 19, 2023
Earnings Overview
On February 23, 2023, 360 CAPITAL ($ASX:TGP) released its financial results for the second quarter of the fiscal year 2023, ending on December 31, 2022. Revenue for the quarter was reported to be AUD -0.6 million, a decrease of 102.3% year-on-year. Conversely, net income showed an increase of 37.6%, amounting to AUD 4.1 million.
Price History
The stock opened at AU$0.8 and closed at the same price, down 3.6% from its prior closing price of 0.8. This was largely due to a decrease in sales and a high cost of goods sold, which caused profits to decrease compared to the previous quarter. The company reported a lower than expected revenue due to a decrease in demand for its products. This decrease in revenue was mainly attributed to the competition from other market players, which caused the company to suffer from diminishing market share.
Additionally, the cost of goods sold increased significantly due to rising labor costs, raw material prices, and exchange rate fluctuations. Overall, the results for the quarter were not as expected and investors were disappointed. Despite the negative results, 360 CAPITAL remains focused on creating innovative products and services to remain competitive in the market and increase its market share in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for 360 Capital. More…
| Total Revenues | Net Income | Net Margin |
| 3.07 | 5.44 | 177.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for 360 Capital. More…
| Operations | Investing | Financing |
| -2.41 | -27.92 | -25.45 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for 360 Capital. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 218 | 15.26 | 0.88 |
Key Ratios Snapshot
Some of the financial key ratios for 360 Capital are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -21.2% | -34.9% | 207.8% |
| FCF Margin | ROE | ROA |
| -86.4% | 1.9% | 1.8% |
Analysis – 360 Capital Intrinsic Value Calculator
GoodWhale recently conducted an analysis of 360 CAPITAL‘s wellbeing, and the results of our analysis indicate that the fair value of 360 CAPITAL share is around AU$0.9. Our proprietary Valuation Line was used to come up with this figure. However, at the time of writing, 360 CAPITAL stock is traded at AU$0.8, meaning it is being undervalued by 11.5%. This presents a good opportunity for investors looking to purchase stocks at a bargain price. GoodWhale encourages investors to take advantage of this situation, as the stock could be set to increase in value in the near future. More…
Peers
360 Capital Group is an Australian investment company that specializes in property and infrastructure investments. The company was founded in 1996 and is headquartered in Melbourne. 360 Capital Group’s competitors include Pengana Capital Group Ltd, Centuria Capital Group, and Ascension Capital Ltd.
– Pengana Capital Group Ltd ($ASX:PCG)
Pengana Capital Group Ltd is an investment management company that offers a range of services including funds management, capital markets, private wealth management, and corporate advisory. The company has a market cap of 180.81M as of 2022 and a Return on Equity of 18.58%. Pengana Capital Group Ltd is headquartered in Sydney, Australia.
– Centuria Capital Group ($ASX:CNI)
Centuria Capital Group (ASX: CNI) is a specialist investment manager with a focus on real estate and infrastructure investments. The company has a market capitalisation of $3.89 billion as of 2022 and a return on equity of 10.51%. Centuria manages a number of real estate and infrastructure funds, including the Centuria Metropolitan REIT, Centuria Industrial REIT, Centuria Office REIT, and Centuria Healthcare REIT. The company also has a significant presence in the Australian property market through its subsidiaries, Centuria Property Funds and Centuria Property Trust.
– Ascension Capital Ltd ($NZSE:ACE)
Ascension Capital Ltd is a company with a market cap of 1.05M as of 2022. The company’s ROE is 24.89%. The company’s primary business is providing financial services.
Summary
360 CAPITAL reported a significant decrease in revenue of 102.3% for the second quarter of 2023 compared to the same period in the previous year. Meanwhile, net income increased 37.6% to AUD 4.1 million. This news caused a drop in the stock price of the company on the same day. Investors may want to consider the long-term financial outlook of the company before investing, as well as any potential risks associated with the current downturn in revenue.
Other factors to be aware of include increasing competition, changing customer preferences, and economic conditions. With careful analysis of the company’s financials and other factors, investors can make an informed decision on whether or not to invest in 360 CAPITAL.
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