Holley Inc Intrinsic Value Calculation – Holley Seeks $200M Through Mixed Securities Shelf Offering
December 31, 2023
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Holley Inc ($NYSE:HLLY). has recently announced a mixed securities shelf offering of up to $200 million. The offering will include a variety of offerings: common stock, preferred stock, debt securities and warrants. Holley Inc. is a publicly traded company based in Bowling Green, Kentucky. It is a leading manufacturer of automotive products, specializing in fuel systems, air and fuel delivery components and performance parts.
They offer a complete line of products, including fuel pumps, regulators, radiators, EFI systems and more. This shelf offering is an important move for Holley and will help them fund their ambitious future plans and growth.
Share Price
The stock opened at $5.1 and closed at $4.9, indicating a 4.3% decrease from the previous closing price of 5.1. This offering will provide the company with additional capital to fund its growth and financial goals. HOLLEY INC stated that proceeds from this offering will be used for working capital and other general corporate purposes. This move comes as the company continues to expand its operations in order to capture a larger customer base and meet the increasing demands of its products and services. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Holley Inc. More…
| Total Revenues | Net Income | Net Margin |
| 658.16 | 2.75 | 0.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Holley Inc. More…
| Operations | Investing | Financing |
| 57.01 | -2.81 | -34.69 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Holley Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.22k | 781.22 | 3.73 |
Key Ratios Snapshot
Some of the financial key ratios for Holley Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 23.1% | 1.8% | 9.3% |
| FCF Margin | ROE | ROA |
| 7.7% | 8.8% | 3.2% |
Analysis – Holley Inc Intrinsic Value Calculation
At GoodWhale, we conducted an analysis of HOLLEY INC’s fundamentals in order to determine its intrinsic value. Our proprietary Valuation Line showed that the intrinsic value of HOLLEY INC share is around $7.5. However, HOLLEY INC stock is currently traded at $4.9, which is a 34.7% discount from its true value. This presents a great opportunity to invest in HOLLEY INC as it is undervalued. More…
Peers
In the automotive industry, there is intense competition between suppliers of parts and systems. One such area of competition is between Holley Inc and its competitors Schaeffler India Ltd, Mingxin Automotive Leather Co Ltd, and CIE Automotive SA. Each company is striving to develop innovative products and processes that will give them a competitive advantage in the marketplace.
– Schaeffler India Ltd ($BSE:505790)
Schaeffler India Ltd is an engineering company that manufactures and supplies automotive and industrial products. It has a market cap of 456.01B as of 2022 and a ROE of 18.35%. The company’s products include bearings, engine parts, transmission parts, and chassis parts.
– Mingxin Automotive Leather Co Ltd ($SHSE:605068)
Mingxin Automotive Leather Co Ltd is a leading manufacturer of automotive leather products. The company has a market cap of 4.74B as of 2022 and a ROE of 3.57%. Mingxin Automotive Leather Co Ltd manufactures and supplies a wide range of automotive leather products, including seat covers, steering wheel covers, shift knobs, and other interior trim products. The company’s products are used by major automakers worldwide.
– CIE Automotive SA ($LTS:0DZC)
CIE Automotive SA is a leading Spanish automotive supplier with a market cap of 2.84B as of 2022. The company has a strong focus on the production of light alloys, stampings, and assemblies for the automotive industry. CIE Automotive SA also has a strong presence in the European market, with a return on equity of 26.38%.
Summary
HOLLEY Inc is an investment company that recently announced a $200 million mixed securities shelf. Analyzing the performance of the company, one can observe that the stock price went down the same day of the announcement. To better understand the implications of this decision, it is important to consider the overall market sentiment, as well as the potential risks and rewards associated with the investment. Furthermore, it is important to look at the company’s recent financial performance, its competitive edge, and its long-term objectives.
Additionally, an in-depth analysis should be conducted to determine the company’s liquidity, financial leverage, and debt-to-equity ratio. Moreover, a detailed examination of the company’s management team and strategy should be conducted to make sure that there is enough confidence in the investment. Overall, investors should conduct a thorough analysis before investing in HOLLEY Inc if they are looking for long-term success.
