Aaon Intrinsic Value Calculator – AAON Reports Record Earnings for Q3 of FY2023

🌥️Earnings Overview

AAON ($NASDAQ:AAON) announced its earnings results for Q3 of FY2023 on September 30 2023. Total revenue for the quarter was USD 312.0 million, a 28.6% rise from the same period of FY2022. Net income saw a 75.0% increase, amounting to USD 48.1 million.

Price History

On Monday, AAON reported record third quarter fiscal year 2023 earnings. The stock opened that day at $57.4 and closed at $57.7, down by 0.3% from last closing price of $57.9. Despite the slight decline, investors responded positively to the company’s performance and outlook for the future.

These investments are expected to drive future growth and profitability for the company. Overall, AAON’s Q3 earnings report was well received by investors and analysts alike, highlighting the company’s long-term prospects for continued success. aaon&utm_title=AAON_Reports_Record_Earnings_for_Q3_of_FY2023″>Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Aaon. aaon&utm_title=AAON_Reports_Record_Earnings_for_Q3_of_FY2023″>More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Aaon. aaon&utm_title=AAON_Reports_Record_Earnings_for_Q3_of_FY2023″>More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Aaon. aaon&utm_title=AAON_Reports_Record_Earnings_for_Q3_of_FY2023″>More…

Key Ratios Snapshot

Some of the financial key ratios for Aaon are shown below. aaon&utm_title=AAON_Reports_Record_Earnings_for_Q3_of_FY2023″>More…

Analysis – Aaon Intrinsic Value Calculator

We at GoodWhale have conducted an analysis of AAON’s financials and determined its intrinsic value to be around $74.7 assigned through our proprietary Valuation Line. Our results indicate that the stock is currently undervalued by 22.8%, with the stock price trading at $57.7 at the time of writing. This presents a great opportunity for investors to capitalize off the current market conditions and purchase shares at a discount. Further to this, we believe that a long-term investment in AAON would be beneficial as the stock is likely to rise as the market values the company’s strong fundamentals. aaon&utm_title=AAON_Reports_Record_Earnings_for_Q3_of_FY2023″>More…

Peers

The competition between AAON Inc and its competitors is fierce. Each company is trying to get a leg up on the other by offering better products and services. Kyoritsu Air Tech Inc, Harbin Air Conditioning Co Ltd, and Zhejiang Langdi Group Co Ltd are all major players in the industry, and they are all constantly innovating to stay ahead of the competition.

– Kyoritsu Air Tech Inc ($TSE:5997)

Kyoritsu Air Tech Inc has a market cap of 2.25B as of 2022, a Return on Equity of 4.9%. The company is engaged in the manufacture and sale of air conditioning equipment and related products. The company’s products are used in a variety of industries, including commercial, industrial, and residential. Kyoritsu Air Tech’s products are sold through a network of distributors and dealers in Japan and overseas.

– Harbin Air Conditioning Co Ltd ($SHSE:600202)

Harbin Air Conditioning Co Ltd is a Chinese company that manufactures air conditioners. The company has a market capitalization of 1.97 billion as of 2022 and a return on equity of 4.63%. The company’s products are sold in over 60 countries and regions. Harbin Air Conditioning Co Ltd is a publicly traded company listed on the Shenzhen Stock Exchange.

– Zhejiang Langdi Group Co Ltd ($SHSE:603726)

Zhejiang Langdi Group Co Ltd is a Chinese company that manufactures and sells construction materials. The company has a market cap of 2.88 billion as of 2022 and a return on equity of 7.03%. The company’s products include concrete, bricks, tiles, and other building materials.

Summary

Overall, AAON‘s Q3 FY2023 performance was impressive, with total revenue increasing 28.6% and net income increasing 75.0%. This suggests that the company is growing steadily and is a good investment option for investors. Additionally, the company’s strong performance in both revenue and net income bodes well for future growth prospects. Investors should consider AAON as a strong potential option in their portfolios.