Westwood Holdings Intrinsic Value – WESTWOOD HOLDINGS Reports 40.6% Increase in Q2 FY2023 Revenues of USD 21.9 Million
August 21, 2023
☀️Earnings Overview
On June 30, 2023, WESTWOOD HOLDINGS ($NYSE:WHG) reported earnings results for the second quarter of FY2023, with total revenue of USD 21.9 million, representing a 40.6% increase from Q2 of FY2022. Net income for the quarter was reported at USD 2.9 million, compared to a net loss of -0.4 million in the prior year’s quarter.
Analysis – Westwood Holdings Intrinsic Value
GoodWhale has conducted a financial analysis of WESTWOOD HOLDINGS and has compiled some interesting results. According to our proprietary Valuation Line, the intrinsic value of a WESTWOOD HOLDINGS share is estimated at around $15.1. This provides investors with an opportunity to purchase this stock at a discounted rate and potentially gain from the expected appreciation in the stock’s price over time. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Westwood Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 80.53 | -0.69 | 0.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Westwood Holdings. More…
| Operations | Investing | Financing |
| 35.45 | -34.49 | -7.7 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Westwood Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 142.1 | 27.01 | 12.48 |
Key Ratios Snapshot
Some of the financial key ratios for Westwood Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.3% | -30.1% | 1.2% |
| FCF Margin | ROE | ROA |
| 43.6% | 0.6% | 0.4% |
Peers
In the world of financial services, there are always going to be competitors vying for the same clients and business. Westwood Holdings Group Inc is no different, as they compete against firms such as PJT Partners Inc, FRP Advisory Group PLC, and Almondz Global Securities Ltd. While each company has its own strengths and weaknesses, at the end of the day it is up to the client to decide which firm is the best fit for their needs.
– PJT Partners Inc ($NYSE:PJT)
PJT Partners is a global financial services firm that provides a range of services including investment banking, merchant banking, financial sponsors coverage, and restructuring and M&A advisory. The company has a market capitalization of 1.77 billion as of 2022 and a return on equity of 123.9%. PJT Partners is headquartered in New York City.
– FRP Advisory Group PLC ($LSE:FRP)
FRP Advisory Group PLC is a UK-based company that provides financial and restructuring services. It has a market cap of 385.86M as of 2022 and a ROE of 24.5%. The company has a strong focus on helping businesses and individuals in financial distress and has a team of experienced professionals who are able to provide advice and support on all aspects of financial restructuring.
– Almondz Global Securities Ltd ($BSE:531400)
Almondz Global Securities Ltd is a financial services company based in Mumbai, India. It provides a range of services including investment banking, asset management, and insurance. The company has a market capitalization of 2.14 billion as of 2022 and a return on equity of 7.63%. Almondz Global Securities is a full-service investment bank providing a wide range of services to corporates, institutions, and individuals. It offers services in the areas of merchant banking, equity research, corporate finance, and capital markets. The company has a strong focus on the Indian market and has a significant presence in Mumbai, Delhi, and Bangalore.
Summary
WESTWOOD HOLDINGS showed strong financial performance in the second quarter of FY2023, with total revenue of USD 21.9 million representing an increase of 40.6% year-on-year. Its net income for the quarter was reported at USD 2.9 million compared to a net loss of -0.4 million in the previous year. This indicates that the company has seen a significant improvement in its results and is well-positioned to deliver further growth in the future. Investors looking to add WESTWOOD HOLDINGS to their portfolio can do so with confidence, knowing that the company is performing well and offers a good potential for returns.
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