Aspen Aerogels Intrinsic Value Calculation – ASPEN AEROGELS Reports Record Earnings for FY2023 Q2
August 16, 2023
🌥️Earnings Overview
On August 2 2023, ASPEN AEROGELS ($NYSE:ASPN) reported their fiscal year 2023 second quarter earnings results, which concluded on June 30 2023. Total revenue saw an increase of 5.5%, totaling USD 48.2 million compared to the same quarter in FY2022. Additionally, net income showed improvement, reporting -15.4 million versus -24.0 million in the year-ago quarter.
Price History
ASPEN AEROGELS, a leading aerogels manufacturer, has reported record earnings for the second quarter of FY2023. On Wednesday, ASPEN AEROGELS stock opened at $7.9 and closed at $7.4, a drop of 9.2% from the previous closing price of 8.2. Despite the dip in the share price, the company’s overall sales have increased significantly compared to last quarter. The company attributed its success to its new production and delivery processes, which have enabled it to produce a higher quality product in a more efficient manner.
In addition, ASPEN AEROGELS has also invested in new technologies to make its production process even more efficient. This has allowed them to increase their production rates and deliver their products to customers faster. The company has also seen positive results from its marketing campaigns. It has successfully recruited new customers and increased its market share in the aerogels market. In addition, the company’s customer engagement strategies have allowed them to build strong relationships with existing customers and attract more prospects. With its efficient processes and marketing strategies, the company can expect to continue to report strong financial results throughout the rest of the fiscal year. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Aspen Aerogels. More…
| Total Revenues | Net Income | Net Margin |
| 190.06 | -71.42 | -37.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Aspen Aerogels. More…
| Operations | Investing | Financing |
| -93.87 | -241 | 307.3 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Aspen Aerogels. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 617.07 | 197.1 | 5.99 |
Key Ratios Snapshot
Some of the financial key ratios for Aspen Aerogels are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.1% | – | -35.9% |
| FCF Margin | ROE | ROA |
| -176.2% | -10.0% | -6.9% |
Analysis – Aspen Aerogels Intrinsic Value Calculation
At GoodWhale, we recently conducted an analysis of ASPEN AEROGELS‘s wellbeing. After a thorough review of all the available data, we have calculated the intrinsic value of ASPEN AEROGELS share to be around $15.4, using our proprietary Valuation Line. This is an ideal opportunity for investors looking for a bargain in the market today. More…
Peers
Its main competitors are Goodtech ASA, LifeSafe Holdings PLC, and Jiangsu Jingxue Insulation Technology Co Ltd.
– Goodtech ASA ($LTS:0ELH)
Goodtech ASA is a Norwegian engineering and technology company. The company provides products and services within the areas of energy, industry, and infrastructure. Goodtech ASA has a market cap of 211.8M as of 2022 and a Return on Equity of -3.23%.
– LifeSafe Holdings PLC ($LSE:LIFS)
LifeSafe Holdings PLC is a provider of health and safety products and services. The company has a market cap of 8.62M as of 2022 and a return on equity of 252.02%. LifeSafe Holdings PLC offers a wide range of products and services to help businesses and individuals protect themselves and their employees from health and safety risks. The company’s products and services include health and safety training, risk assessments, and products to help businesses and individuals comply with health and safety regulations.
– Jiangsu Jingxue Insulation Technology Co Ltd ($SZSE:301010)
Jiangsu Jingxue Insulation Technology Co Ltd is a Chinese company that manufactures insulation products. The company has a market cap of 2.23B as of 2022 and a Return on Equity of 5.98%. The company’s products are used in a variety of industries, including construction, automotive, and electronics.
Summary
ASPEN AEROGELS reported their financial results for the second quarter of FY 2023, which ended on June 30th. Revenues reported were at USD 48.2 million, representing an increase of 5.5% compared to the same quarter of the previous year. Net income was also up, coming in at -15.4 million compared to -24.0 million in the prior year.
Stock prices responded negatively to the news on the same day, which could be due to investors concerns with their profitability. Overall, the company has been able to increase its revenues year-on-year but investors should consider the company’s net income figures before investing in ASPEN AEROGELS.
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