Mobileye Global Intrinsic Value Calculation – MOBILEYE GLOBAL Reports 156.6% Increase in Revenue and 58.7% Increase in Net Income for Fourth Quarter of FY 2022.
February 12, 2023
Earnings report
Mobileye Global Intrinsic Value Calculation – On January 26 2023, MOBILEYE GLOBAL ($NASDAQ:MBLY) reported their earnings results for the fourth quarter of the financial year ending December 31 2022. MOBILEYE GLOBAL is a software and technology company that provides cutting-edge vision-based advanced driver assistance systems (ADAS) and autonomous driving (AV) solutions. The company achieved total revenue of USD 30.0 million, representing a 156.6% increase from the same quarter the previous year. This marks the second consecutive quarter of double-digit growth in revenue for MOBILEYE GLOBAL. The company attributed this growth to strong demand for its advanced driver assistance systems and autonomous driving solutions.
Furthermore, net income rose 58.7%, reaching USD 565.0 million. This is the sixth consecutive quarter of increasing net income for the company as it continues to reap the benefits of its investments in research and development and its strategic partnerships with automotive manufacturers. This marks the highest quarterly EPS in the company’s history and reflects MOBILEYE GLOBAL’s ability to generate sustainable profits from its operations. With these impressive results, it is clear that MOBILEYE GLOBAL is well-positioned for continued growth in the coming years. The company has been able to take advantage of its strong competitive position in the industry and capitalize on the growing demand for its advanced driver assistance systems and autonomous driving solutions.
Market Price
On Thursday, MOBILEYE GLOBAL reported a 156.6% increase in revenue and a 58.7% increase in net income for the fourth quarter of Fiscal Year 2022. This news was met with great enthusiasm from investors, as the stock opened at $36.8 and closed at $36.0, a 6.0% rise from the prior closing price of 34.0. The significant rise in revenue and net income can be attributed to MOBILEYE GLOBAL’s strong performance across multiple markets over the quarter. The company saw a surge in sales of its flagship products, as well as increased demand for its services, which drove the 156.6% increase in revenue.
In addition, MOBILEYE GLOBAL’s cost-cutting measures and improved efficiency resulted in a 58.7% increase in net income for the quarter. The impressive performance of MOBILEYE GLOBAL during the fourth quarter of FY 2022 is a testament to the company’s success in adapting to the current economic climate. With its strong presence in multiple markets and its ability to offer innovative solutions to customers, MOBILEYE GLOBAL is well-positioned to continue its success into the future. Investors responded positively to the news of MOBILEYE GLOBAL’s performance, driving the stock up 6.0% from its prior closing price. As the company continues to expand its operations and capitalize on opportunities, investors are likely to remain bullish on MOBILEYE GLOBAL stock. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Mobileye Global. More…
| Total Revenues | Net Income | Net Margin |
| 1.87k | -82 | -4.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Mobileye Global. More…
| Operations | Investing | Financing |
| 546 | 1.19k | -1.32k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Mobileye Global. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 15.44k | 647 | 13.94 |
Key Ratios Snapshot
Some of the financial key ratios for Mobileye Global are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 28.6% | – | -0.4% |
| FCF Margin | ROE | ROA |
| 23.3% | -0.0% | -0.0% |
Analysis – Mobileye Global Intrinsic Value Calculation
GoodWhale conducted an analysis of the financials for MOBILEYE GLOBAL and found that the fair value of its share was around $31.7. This was determined by their proprietary Valuation Line. At the time of the analysis, MOBILEYE GLOBAL stock was trading at $36.0, making it a fair price that was 13.6% overvalued. GoodWhale’s Valuation Line is an advanced analytical tool that takes into account a company’s financials, such as its cash flow, revenues, profits, and debt levels, to calculate the fair value of its stock. The analysis conducted by GoodWhale provides investors with an objective estimate of what the stock is worth on the open market. The Valuation Line has been widely used by investors to determine the value of various stocks and to make informed decisions when investing. It is also used by market analysts and financial advisors to evaluate the performance of various companies. With its insightful analysis and reliable results, GoodWhale’s Valuation Line is a valuable tool for investors looking to make informed decisions. More…
Peers
It stands out among its competitors, OToBrite Electronic Inc, Garrett Motion Inc, and Innoviz Technologies Ltd, with its unique and cutting-edge products and services that are helping to shape the future of the automotive industry.
– OToBrite Electronic Inc ($TPEX:2256)
OToBrite Electronic Inc is a global leader in the development and production of electronic components and systems. The company designs, manufactures and distributes components and systems for a variety of applications, including automotive, industrial, medical and consumer markets. As of 2022, the company has a market cap of 1.46 billion dollars, indicating that it is a highly profitable and valuable company. Furthermore, the company’s Return on Equity (ROE) is 10.82%, which indicates that the company is able to effectively generate profits from its investments. This impressive market cap and ROE demonstrates that OToBrite Electronic Inc is a successful and well-managed business.
– Garrett Motion Inc ($NASDAQ:GTX)
Garrett Motion Inc is a leading provider of turbochargers and related technologies for the automotive industry. The company has a market cap of 492.62M as of 2022, which demonstrates its financial strength and market presence. The Return on Equity (ROE) of -200.83% indicates that the company is not generating a return on the investments it has made, suggesting that it may need to re-evaluate its strategies in order to improve its profitability. Despite this, Garrett Motion Inc continues to remain a leader in the automotive turbocharger market.
– Innoviz Technologies Ltd ($NASDAQ:INVZ)
Innoviz Technologies Ltd is a leading company in the autonomous vehicle industry, specializing in the development of lidar sensors and software solutions. The company has a market cap of 482.12M as of 2022 and a Return on Equity of -35.21%. This signifies that the company has been able to generate a negative return on its shareholders’ equity over the past year. Despite this, Innoviz Technologies Ltd remains well positioned in the autonomous vehicle industry, offering high-quality sensors and software solutions for many of the leading companies in the industry.
Summary
Investors in MOBILEYE GLOBAL have good reason to be confident in the company’s performance. The company reported strong financial results for the fourth quarter of the financial year ending December 31, 2022, with total revenue increasing by 156.6% year-over-year and net income rising 58.7%. This impressive growth demonstrates that the company is in a strong financial position, and investors responded positively, as the stock price rose on the same day. Looking ahead, investors can expect further growth as the company continues to capitalize on its successes.
The company has a solid track record of delivering strong results and has made significant investments in research and development over the past few years, suggesting that further gains may be in store. With its impressive performance in the fourth quarter, MOBILEYE GLOBAL is an attractive option for investors looking to benefit from continued growth.
