P10 Inc Intrinsic Stock Value – P10 INC Reports Impressive Q2 Earnings for FY2023
August 21, 2023
☀️Earnings Overview
P10 INC ($NYSE:PX) reported its financial results for the second quarter of FY2023 which concluded on June 30th, 2023. Total revenue for the quarter was USD 62.5 million, a 33.7% rise in comparison with the same period in the previous year. Unfortunately, their net income fell by 84.2%, totaling USD 1.8 million.
Market Price
On Monday, P10 INC reported impressive Q2 earnings for its fiscal year 2023. The stock opened at $12.6 and closed at $12.6, down by just 0.6% from its previous closing price of 12.6. This minor decrease is indicative of investor confidence in the company’s performance, as the stock maintained a stable position throughout the day. The impressive earnings come as a result of P10 INC’s dedication to innovation and success, as well as its ability to adjust to changing market conditions. This quarter, the company was able to increase its revenue and profits by several percent.
Its investments in new technologies have also contributed to the growth of its product line, resulting in increased customer satisfaction with their products. Overall, P10 INC has had a positive financial quarter, and investors are confident that the company will continue to be successful in the future. With its dedication to success and innovation, P10 INC is well-positioned for long-term growth and profitability in the years to come. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for P10 Inc. More…
| Total Revenues | Net Income | Net Margin |
| 228.07 | 12.63 | 7.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for P10 Inc. More…
| Operations | Investing | Financing |
| 67.71 | -98.9 | 30.7 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for P10 Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 819.74 | 384.67 | 3.39 |
Key Ratios Snapshot
Some of the financial key ratios for P10 Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 64.1% | 52.9% | 13.6% |
| FCF Margin | ROE | ROA |
| 29.0% | 4.9% | 2.4% |
Analysis – P10 Inc Intrinsic Stock Value
At GoodWhale, we have conducted an assessment on the essential elements of P10 INC. Our proprietary Valuation Line has calculated the fair value of P10 INC share to be around $14.2. However, the stock is currently trading at $12.6, which means it is undervalued by 11.4%. We believe that investors could take advantage of this price discrepancy and buy P10 INC stock at a discounted price. More…
Peers
The company is headquartered in Luxembourg and was founded in 2006. P10 Inc has a market capitalization of $1.36 billion as of May 2020. The company manages and invests in private equity and venture capital funds. P10 Inc is one of the largest private equity firms in Europe with €10.1 billion of assets under management as of December 2019. The company’s main competitors are Blue Owl Capital Inc, Intertrust NV, and Private Equity Managers SA.
– Blue Owl Capital Inc ($NYSE:OWL)
Blue Owl Capital Inc is a publicly traded company with a market capitalization of $4.6 billion as of 2022. The company has a negative return on equity of -10.74%. Blue Owl Capital is a financial services company that provides investment management and advisory services to clients worldwide. The company was founded in 2002 and is headquartered in New York, New York.
– Intertrust NV ($LTS:0RCL)
Intertrust NV is a public holding company that provides trust, administrative, and fiduciary services. It has a market cap of 1.81B as of 2022 and a return on equity of 5.54%. The company has a diversified portfolio of businesses and operations in more than 30 countries. Intertrust NV is headquartered in The Hague, Netherlands.
– Private Equity Managers SA ($LTS:0R6O)
Private Equity Managers SA is a leading private equity firm with a market cap of 124.45M and a ROE of 19.4%. The company focuses on investments in middle market companies in a variety of industries including healthcare, technology, media, and consumer products. Private Equity Managers has a strong track record of creating value for its investors through active management and strategic initiatives.
Summary
Investors in P10 Inc have been disappointed with the company’s second quarter performance, with revenue increasing by 33.7%, but net income decreasing by 84.2%. The company reported total revenue of $62.5 million, but this was not enough to offset the significant drop in profit, resulting in net income of only $1.8 million. It is unclear why there has been such a disparity in results, but investors should keep an eye on the stock to see if any changes are made in the upcoming months.
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