Sei Investments Intrinsic Value Calculation – SEI INVESTMENTS Reports Total Revenue of USD 489.1 Million for Q2 FY2023, 1.5% Increase YOY
July 28, 2023
☀️Earnings Overview
On July 26 2023, SEI INVESTMENTS ($NASDAQ:SEIC) released their financial results for the second quarter of FY2023, showing total revenue of USD 489.1 million, a 1.5% year-over-year increase. Additionally, net income for the quarter increased 6.8%, to USD 118.8 million, compared to the same period last year.
Analysis – Sei Investments Intrinsic Value Calculation
GoodWhale recently conducted an analysis of SEI INVESTMENTS‘s wellbeing and found the fair value of its share to be around $64.7. This was calculated using GoodWhale’s proprietary Valuation Line method. Currently, SEI INVESTMENTS stock is being traded at $63.8, making the share slightly undervalued by 1.3%. Therefore, investors may find this an opportune time to invest in the company. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Sei Investments. More…
| Total Revenues | Net Income | Net Margin |
| 1.89k | 399.75 | 21.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sei Investments. More…
| Operations | Investing | Financing |
| 420.06 | -89.81 | -437.24 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sei Investments. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.32k | 301.41 | 15.3 |
Key Ratios Snapshot
Some of the financial key ratios for Sei Investments are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.5% | -7.0% | 27.2% |
| FCF Margin | ROE | ROA |
| 18.1% | 15.9% | 13.8% |
Peers
The company’s clients include financial institutions, corporations, and high-net-worth individuals. SEI Investments Co. operates in three segments: Investment Management, Investment Processing, and Investment Operations. SEI Investments Co. competes with Vontobel Holding AG, Ninety One PLC, and CI Financial Corp. These companies also provide investment management, investment processing, and investment operations solutions to their clients.
– Vontobel Holding AG ($OTCPK:VONHF)
As of 2022, Vontobel Holding AG has a market cap of 3.11B. The company is a financial services provider that offers a range of services, including asset management, private banking, and investment banking.
– Ninety One PLC ($LSE:N91)
Ninety One PLC is a publicly traded company with a market capitalization of 1.63 billion as of 2022. The company has a Return on Equity of 66.37%. Ninety One PLC is engaged in the business of providing investment management services. The company offers a range of services including asset management, investment advisory, and private wealth management.
– CI Financial Corp ($TSX:CIX)
CI Financial Corp is a wealth management company headquartered in Toronto, Canada. As of 2021, it had $208 billion in assets under management and administration, and over 2,000 employees. The company offers a range of financial services and products, including asset management, investment banking, insurance, and mortgages.
Summary
SEI Investments has reported strong earnings results for the second quarter of FY2023, with total revenue of USD 489.1 million, a 1.5% increase from the prior year and net income of USD 118.8 million, a 6.8% rise year-over-year. This is a positive sign for investors, indicating that the company is continuing to perform well financially. It also bodes well for the future, as SEI Investments is well-positioned to capitalize on further opportunities in the coming quarters. Overall, SEI Investments is a strong investment option for investors looking for a reliable and profitable return on their investments.
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