Acv Auctions Stock Fair Value Calculation – ACV AUCTIONS INC. Reports Record Q4 Revenue of $98M in 2023.
March 19, 2023
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ACV ($NASDAQ:ACVA) Auctions Inc. recently announced their fourth quarter revenue of $98 million in their Earnings Flash Report, setting a record for the company. The company attributes much of this growth to their continued focus on customer service and product innovation, along with their expanding footprint of buyers and sellers.
In addition, ACV Auctions Inc. has implemented several new initiatives over the past year in order to optimize their platform and make it easier for customers to leverage the service. The impressive performance of ACV Auctions Inc. is a testament to the company’s dedication to providing a superior experience for their customers. With a robust suite of services and an ever-expanding network of buyers and sellers, the company is well positioned to continue their strong performance in the years ahead.
Share Price
This has been met with generally positive media sentiment. In line with these positive results, the stock opened at $12.6 and closed at $12.9 on the same day, which is an increase of 1.4% from its last closing price of $12.7. This shows the market’s confidence in the company’s performance, and is a promising sign for future growth. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Acv Auctions. More…
| Total Revenues | Net Income | Net Margin |
| 421.53 | -102.19 | -24.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Acv Auctions. More…
| Operations | Investing | Financing |
| -75.17 | -282.98 | 72.93 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Acv Auctions. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 914.92 | 429.2 | 3.07 |
Key Ratios Snapshot
Some of the financial key ratios for Acv Auctions are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 58.0% | – | -24.0% |
| FCF Margin | ROE | ROA |
| -23.4% | -12.8% | -6.9% |
Analysis – Acv Auctions Stock Fair Value Calculation
GoodWhale has conducted an analysis of ACV AUCTIONS‘s wellbeing. After taking into account all the fundamentals of the company, our proprietary Valuation Line puts ACV AUCTIONS’s intrinsic value at around $17.7. However, the stock is currently being traded at a price of $12.9 – which is a 26.9% discount from its true value. Therefore, we believe that ACV AUCTIONS stock is currently undervalued, making it a good investment for investors looking for a good return on their investments. More…
Peers
ACV Auctions Inc offers a suite of mobile apps and web-based solutions that enable dealerships to buy and sell vehicles from their inventory, as well as conduct mobile vehicle inspections. ACV Auctions Inc competes with ImageWare Systems Inc, Yext Inc, and Matterport Inc.
– ImageWare Systems Inc ($OTCPK:IWSY)
ImageWare Systems Inc is a biometrics company that provides authentication solutions for law enforcement, military, and commercial applications. The company has a market cap of $34.8 million and a return on equity of -72.0%. ImageWare Systems Inc is a publicly traded company on the NasdaqGS exchange under the ticker symbol IWSY.
– Yext Inc ($NYSE:YEXT)
Yext Inc is a publicly traded technology company headquartered in New York City. The company provides a platform that helps businesses manage their online information. Yext’s platform includes a listing management service, review monitoring and management tools, and a suite of marketing automation tools. Yext went public in 2017 and trades on the New York Stock Exchange under the ticker symbol YEXT.
As of 2022, Yext Inc has a market cap of 625.82M and a Return on Equity of -36.68%. Yext Inc provides a platform that helps businesses manage their online information. Yext’s platform includes a listing management service, review monitoring and management tools, and a suite of marketing automation tools.
– Matterport Inc ($NASDAQ:MTTR)
Matterport Inc is a three-dimensional imaging company that creates immersive virtual experiences of real-world places. It offers a platform that enables users to capture, edit, and share 3D models of physical spaces. The company serves customers in a variety of industries, including real estate, hospitality, education, construction, and insurance.
Matterport’s market cap is $744.91M as of 2022. The company has a Return on Equity of -31.08%.
Summary
ACV Auctions Inc. reported a record-breaking $98 million in revenue in the fourth quarter of 2023. This is a major milestone for the company and signals continued strength in the automotive auction industry. Analysts are mostly bullish on the stock, citing factors such as the company’s strong management team, advanced technology platform, and strategic partnerships.
Business fundamentals are strong, with ACV Auctions boasting a large customer base, healthy margins, and strong valuation metrics. Investors should continue to monitor the company’s progress and remain up-to-date with the latest news from the firm.
