Brookfield Corp Intrinsic Stock Value – BROOKFIELD CORP Reports Second Quarter Fiscal Year 2023 Earnings Results on August 10th, 2023
August 28, 2023
🌥️Earnings Overview
On August 10th, 2023, BROOKFIELD CORP ($NYSE:BN) released its second quarter financials for the year ending June 30th, 2023. The company reported total revenue of USD 23668.0 million, a 1.8% increase from the same time last year; yet sadly saw a decrease of 86.3% in net income year over year, with total income coming in at USD 81.0 million.
Share Price
The stock opened at $33.2 and closed at $34.6, a 5.0% increase from the previous closing price of $32.9. This marked a strong return for the company and was a positive sign that the company had performed well in the quarter. The profits that BROOKFIELD CORP reported for the quarter were largely attributed to their diversified portfolio of investments and operations; from infrastructure, renewable energy and technology to real estate investments around the world. The strong performance of these investments enabled BROOKFIELD CORP to not only meet, but exceed market expectations for the quarter.
The strong second quarter of fiscal year 2023 demonstrated BROOKFIELD CORP’s resilience and continued commitment to delivering value to shareholders. The company also reaffirmed its commitment to sustainability and environmental responsibility, with their operations continuing to adhere to the highest standards of corporate social responsibility. With such positive news, BROOKFIELD CORP’s stock is projected to remain a solid performer over the remainder of the fiscal year. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Brookfield Corp. More…
| Total Revenues | Net Income | Net Margin |
| 94.6k | 158 | 1.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Brookfield Corp. More…
| Operations | Investing | Financing |
| 9.4k | -39.65k | 32.46k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Brookfield Corp. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 463.13k | 307.55k | 28.46 |
Key Ratios Snapshot
Some of the financial key ratios for Brookfield Corp are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.3% | 15.1% | 18.5% |
| FCF Margin | ROE | ROA |
| 2.3% | 24.7% | 2.4% |
Analysis – Brookfield Corp Intrinsic Stock Value
We at GoodWhale have recently performed an analysis of BROOKFIELD CORP‘s fundamentals. Our proprietary Valuation Line tool has estimated the intrinsic value of BROOKFIELD CORP share to be around $45.4. Currently, BROOKFIELD CORP stock is trading at $34.6, which implies that it is undervalued by 23.8%. This presents an opportunity for investors looking to purchase shares of BROOKFIELD CORP at a discounted price. More…
Summary
Investing in Brookfield Corp has been a mixed bag since the company announced their Q2 2023 earnings on August 10th. Total revenue increased by 1.8% from the same period last year, while net income decreased by 86.3%. Despite the dip in profits, the stock price rose on the day of the announcement, possibly due to investors factoring in the modest revenue growth.
Analysts suggest that investors should consider Brookfield Corp as a long-term investment due to its diversified portfolio and solid fundamentals. It remains to be seen whether the company will be able to bounce back from this earnings dip and continue its growth trajectory.
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