Lear Corporation Intrinsic Value Calculation – LEAR CORPORATION Reports 446.5% Revenue Increase and 10.1% Net Income Increase in Fourth Quarter of FY2022

Earnings report

Lear Corporation Intrinsic Value Calculation – LEAR CORPORATION ($NYSE:LEA) recently released their financial report for the fourth quarter of FY2022, ending December 31, 2022. The report revealed that the company had achieved a remarkable 446.5% increase in total revenue compared to the same quarter in the previous year.

Additionally, it also showed a 10.1% increase in net income for the same period. The company’s total revenue for the fourth quarter of FY2022 was USD 117.5 million. The company also displayed impressive results in terms of net income, where it had an increase of 10.1%, amounting to USD 5370.9 million during this quarter. LEAR CORPORATION’s results during the fourth quarter of FY2022 shows that the company is continuing to experience strong growth and achieving great success in terms of revenue and net income. It is clear that their business is heading in the right direction and is positioned for further success in the future.

Market Price

On Thursday, LEAR CORPORATION reported its financial results for the fourth quarter of the fiscal year 2022. The company announced a 446.5% increase in revenue and a 10.1% increase in net income from the same period the year prior. The news sent LEAR CORPORATION’s stock soaring, opening at $148.6 and closing at $144.9, down just 3.1% from its previous close of $149.5. While the company’s impressive performance was a major factor in the stock’s slight decline, investors were also likely weighing on the uncertainty of how future results would fare amid an uncertain economic outlook. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Lear Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Lear Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Lear Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Lear Corporation are shown below. More…

Analysis – Lear Corporation Intrinsic Value Calculation

At GoodWhale, we have closely analyzed the financials of LEAR CORPORATION and have calculated the intrinsic value of the stock to be around $210.1. This value has been determined by our proprietary Valuation Line method. Currently, LEAR CORPORATION’s stock is being traded at $144.9, which represents a 31.0% discount to our intrinsic value. This indicates that the stock is currently undervalued and is a great opportunity for potential investors. More…

Peers

In the automotive industry, suppliers of parts and systems are constantly vying for business from the major carmakers. Two of the biggest players in this space are Lear Corporation and Ningbo Joyson Electronic Corporation. Both companies are based in China and have a long history of supplying carmakers with everything from seats and electrical systems to instrument panels and body control modules. While Lear is the bigger company, with annual sales of around $19 billion, Ningbo Joyson is no slouch, with sales of $7.4 billion. The two companies are constantly jockeying for position in the market, with each trying to undercut the other on price while also offering better quality and more innovative products. The competition between these two companies is fierce, but it is also healthy, as it helps to keep both companies on their toes and provides carmakers with a choice of two very competent suppliers.

– Ningbo Joyson Electronic Corp ($SHSE:600699)

Ningbo Joyson Electronic Corp is a Chinese multinational automotive electronic components company headquartered in Ningbo, Zhejiang. The company has a market cap of 21.55B as of 2022 and a Return on Equity of -18.07%. The company manufactures and supplies automotive electronic components and systems for vehicles worldwide. Its products include airbags, seatbelts, steering wheels, instrument panels, door modules, and other safety-related products.

– Denso Corp ($TSE:6902)

Denso Corp is a Japanese company that manufactures automotive components and systems. It has a market cap of 5.37 trillion as of 2022 and a return on equity of 5.0%. The company produces a wide range of products including engine components, electrical components, and air conditioning systems. It also provides services such as engineering, design, and testing. Denso is a leading supplier of components to the automotive industry.

– Aptiv PLC ($NYSE:APTV)

Aptiv PLC is a global technology company that develops safer, greener and more connected solutions that enable the future of mobility. The company has a market cap of 22.94B as of 2022 and a Return on Equity of 4.8%. Aptiv’s products are used in a variety of vehicles, including cars, trucks, buses and trains. The company’s products are designed to make vehicles safer, more efficient and more connected.

Summary

Investors of LEAR Corporation have recently seen very positive results from their investment, as the company reported total revenue of USD 117.5 million, signifying a 446.5% increase from the same period the previous year. Additionally, net income for the quarter was USD 5370.9 million, reflecting a 10.1% increase year over year. Despite this promising news, the stock price moved down the same day. Investors may wish to consider these positive signs when making their investing decisions and weigh them against any potential risks associated with the stock.