JCI Intrinsic Value Calculation – Johnson Controls International Announces FY2023 Q3 Earnings Results for June 30, 2023
August 12, 2023
🌥️Earnings Overview
On August 2, 2023, Johnson Controls International ($NYSE:JCI) reported their earnings figures for the quarter ending June 30, 2023. There was an impressive 7.8% year on year increase in revenue to USD 7133.0 million and their net income rose by a staggering 176.8% to USD 1049.0 million from the same period in the previous year.
Share Price
On Wednesday, Johnson Controls International announced its financial results for the third quarter of FY2023 ending June 30, 2023. The company reported that its stock opened at $69.0 and closed at $63.6, a decrease of 9.3% from the previous closing price of $70.0. Despite this, Johnson Controls International managed to record an increase in operating income thanks to cost-savings efforts and higher margins from its building technologies and technology solutions divisions. Overall, Johnson Controls International’s financial performance in the third quarter of FY2023 was mixed, with revenue falling due to the pandemic but operating income increasing due to cost-savings efforts. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for JCI. More…
| Total Revenues | Net Income | Net Margin |
| 26.61k | 2.06k | 10.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for JCI. More…
| Operations | Investing | Financing |
| 2.01k | -681 | -1.66k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for JCI. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 42.78k | 25.32k | 23.99 |
Key Ratios Snapshot
Some of the financial key ratios for JCI are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.5% | 31.4% | 7.8% |
| FCF Margin | ROE | ROA |
| 5.6% | 8.0% | 3.0% |
Analysis – JCI Intrinsic Value Calculation
At GoodWhale, we make it our mission to help investors assess the well-being of their investments. One of our most recent efforts has been the analysis of JOHNSON CONTROLS INTERNATIONAL. Using our proprietary Valuation Line, we have determined that the fair value of the JOHNSON CONTROLS INTERNATIONAL share is around $68.5. This means that currently, the stock is trading at $63.6, a fair price that is undervalued by 7.2%. This provides an attractive opportunity for investors to buy and hold the shares of this company. We advise our clients to take advantage of this opportunity and make use of our comprehensive analysis to make informed decisions about their investments. More…
Peers
Johnson Controls International PLC is a leading provider of controls and technology solutions for a variety of industries. The company’s products and services are used in a wide range of applications, including HVAC, security, fire, and energy management. Johnson Controls International PLC has a strong competitive position in the market and is well-positioned to continue its growth. The company’s competitors include Hochiki Corp, Geberit AG, and Rockwool AS.
– Hochiki Corp ($TSE:6745)
Hochiki Corp is a Japanese company that manufactures and sells fire protection equipment. The company has a market cap of 36.64 billion as of 2022 and a return on equity of 9.08%. Hochiki was founded in 1918 and is headquartered in Tokyo, Japan. The company’s products include fire alarm systems, fire extinguishers, and fire sprinklers. Hochiki also provides services such as fire safety consulting and training.
– Geberit AG ($OTCPK:GBERY)
Geberit AG is a Swiss company that manufactures and sells sanitary products. The company has a market cap of 15.16B as of 2022 and a Return on Equity of 29.76%. Geberit’s products include toilets, sinks, showers, and other plumbing products. The company has a strong presence in Europe and Asia.
– Rockwool AS ($LTS:0M09)
Rockwool International A/S is a Denmark-based company engaged in the manufacture of stone wool. The Company’s products are used for thermal and acoustic insulation, as well as for fire protection and horticultural substrates. It operates through two segments: Insulation and horticulture. The Insulation segment focuses on the manufacture of products for thermal and acoustic insulation in buildings, ships, cars and industrial applications. The Horticulture segment offers substrates for professional horticulture, including growers of fruit, vegetables and flowers. Rockwool International A/S has a market cap of 29.48B as of 2022, a Return on Equity of 10.81%.
Summary
Johnson Controls International reported their third quarter earnings for the fiscal year 2023, revealing an impressive 7.8% year over year increase in revenue and a 176.8% increase in net income. Despite this strong performance, their stock price moved down the same day, perhaps due to higher than expected costs of goods sold, or other factors. Investors should consider the performance of the company over the past few quarters, as well as its competitive position in the industry, before making any decisions about investing in Johnson Controls International. Additionally, they should consider the potential risks associated with the company, such as potential changes in market conditions and government regulation.
