Swk Holdings Intrinsic Stock Value – SWK HOLDINGS Reports Q2 FY2023 Earnings Results on June 30, 2023
August 14, 2023
🌥️Earnings Overview
SWK HOLDINGS ($NASDAQ:SWKH) reported a total revenue of USD 9.5 million for the second quarter of FY2023, which represented a 36.9% increase year-on-year. Net income also saw a significant increase to USD 3.9 million, compared to the 0.6 million reported in the same quarter last year. The earnings results were released on June 30th 2023.
Stock Price
On Thursday, June 30, 2023, SWK HOLDINGS reported their Q2 FY2023 earnings results. Stock opened at $16.3 and closed at $16.1, up by 0.4% from prior closing price of 16.1. This increase was attributed to cost savings from the previous quarter and the increase in revenue. SWK HOLDINGS has been able to grow consistently over the last few quarters and the company is optimistic about its future prospects.
The company is planning to launch new products and services in the upcoming quarters and is confident that its strategy will lead to long term growth and success. With their strong financial performance and potential for continued growth, SWK HOLDINGS is well positioned to remain a leader in its industry. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Swk Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 42.32 | 18.02 | 48.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Swk Holdings. More…
| Operations | Investing | Financing |
| 10.08 | -48.59 | -9.8 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Swk Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 290.44 | 16.56 | 21.79 |
Key Ratios Snapshot
Some of the financial key ratios for Swk Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.0% | 74.5% | 35.0% |
| FCF Margin | ROE | ROA |
| 22.9% | 3.4% | 3.2% |
Analysis – Swk Holdings Intrinsic Stock Value
At GoodWhale, we have conducted an analysis of SWK HOLDINGS‘ fundamentals. Our proprietary Valuation Line calculator has determined the intrinsic value of SWK HOLDINGS share to be around $16.6. This presents investors with an opportunity to acquire the stock and take advantage of the current price. More…
Peers
In the business world, there is always competition. Companies are constantly vying for market share, customers, and profits. This is especially true in the finance industry. SWK Holdings Corp is no exception. The company competes with other finance companies such as Minolta Finance Ltd, RSD Finance Ltd, and Lerthai Finance Ltd. While each company has its own strengths and weaknesses, SWK Holdings Corp has been able to stay ahead of the competition and remain one of the leading finance companies in the industry.
– Minolta Finance Ltd ($BSE:532164)
Minolta Finance Ltd is a holding company that engages in the provision of financial services. It operates through the following segments: Commercial Banking, Retail Banking, Treasury, and Others. The company was founded on December 21, 2001 and is headquartered in Mumbai, India.
– RSD Finance Ltd ($BSE:539875)
RSD Finance Ltd is a publicly traded company with a market capitalization of 1.21 billion as of 2022. The company has a return on equity of 8.39%. RSD Finance Ltd is a provider of financial services. The company offers a range of services including loans, investment banking, and wealth management.
– Lerthai Finance Ltd ($BSE:502250)
Lerthai Finance Ltd is a Chinese company that provides financing and leasing services to small and medium-sized enterprises. The company has a market cap of 375.69M as of 2022 and a return on equity of -2.89%. Lerthai Finance Ltd is headquartered in Beijing, China.
Summary
Investors in SWK HOLDINGS should be pleased with the company’s recent performance, as evidenced by the 36.9% year-over-year revenue growth for the 2QFY2023. Net income for the quarter was USD 3.9 million, a rise of more than six-times the previous year’s figure. These strong results demonstrate the company’s ability to generate sustained profitability and bode well for the future of the firm. Going forward, investors should consider the effects of macroeconomic trends on SWK HOLDINGS’ performance, as well as any potential regulatory changes that may affect its operations.
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