JCI Stock Intrinsic Value – Johnson Controls International Reports Financial Results for FY2023 Q4
December 26, 2023
🌥️Earnings Overview
On December 12 2023, Johnson Controls International ($NYSE:JCI) reported their financial results for the fourth quarter of FY2023, which ended on September 30 2023. Total revenue for the quarter showed a 2.7% increase from the same period a year ago, amounting to USD 6906.0 million. However, net income for the quarter decreased 27.9%, amounting to USD 549.0 million compared to the previous year.
Stock Price
The stock opened at $54.5 and closed at $53.2, a drop of 6.0% from last closing price of $56.6. The strong top-line growth was driven by increased demand for the company’s products and services. Despite today’s stock market dip, investors remain optimistic about the company’s future prospects given its strong performance over the past few quarters. 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 |
| 26.79k | 1.85k | 10.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for JCI. More…
| Operations | Investing | Financing |
| 2.22k | -1.18k | -2.17k |
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 |
| 42.24k | 24.55k | 24.32 |
Key Ratios Snapshot
Some of the financial key ratios for JCI are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.3% | 16.9% | 7.4% |
| FCF Margin | ROE | ROA |
| 6.3% | 7.6% | 2.9% |
Analysis – JCI Stock Intrinsic Value
At GoodWhale, we provide a comprehensive analysis of JOHNSON CONTROLS INTERNATIONAL fundamentals. Our proprietary Valuation Line indicates that the fair value of JOHNSON CONTROLS INTERNATIONAL share is around $68.3. Currently, JOHNSON CONTROLS INTERNATIONAL stock is trading at $53.2, which means it is undervalued by 22.1%. This gives investors a great opportunity to buy the stocks at a discount price and benefit from potential future rises in value. More…
Peers
Johnson Controls International PLC is a leading provider of controls and technology solutions for a variety of industries. The company’s products and services are used in a wide range of applications, including HVAC, security, fire, and energy management. Johnson Controls International PLC has a strong competitive position in the market and is well-positioned to continue its growth. The company’s competitors include Hochiki Corp, Geberit AG, and Rockwool AS.
– Hochiki Corp ($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 recently released their financial results for their fourth quarter of FY2023. Total revenue for the quarter was USD 6906.0 million, a 2.7% increase from the same period a year prior. Net income for the quarter was USD 549.0 million, however, a 27.9% decrease from the previous year.
As a result, the stock price for the company dropped the same day. Investors should take note of this quarter’s financial results when considering their investment strategies with Johnson Controls International as this decrease in net income could have an effect on future returns.
