Bgc Group Intrinsic Value Calculator – BGC GROUP Reports 13.2% Increase in Revenue for Q2 FY2023 at USD 493.1 Million
August 7, 2023
☀️Earnings Overview
On June 30, 2023, BGC GROUP ($NASDAQ:BGC) released their financial results for the second quarter of FY2023, with total revenue of USD 493.1 million, a 13.2% year-on-year increase. Net income was reported to have decreased to USD -19.7 million, compared to a profit of USD 14.8 million in the same quarter of the previous year.
Analysis – Bgc Group Intrinsic Value Calculator
GoodWhale has conducted an analysis of BGC Group‘s fundamentals, and found that the intrinsic value of the company’s share is around $3.2, calculated by our proprietary Valuation Line. This means that currently BGC Group stock is being traded at $5.2, which is overvalued by 64.1%. This could present an opportunity to investors who are willing to take advantage of this mispricing. However, investors should always do their own due diligence before investing in any company. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Bgc Group. More…
| Total Revenues | Net Income | Net Margin |
| 1.88k | 7.25 | 0.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Bgc Group. More…
| Operations | Investing | Financing |
| 258.73 | -53.33 | -233.21 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Bgc Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.08k | 3.26k | 1.68 |
Key Ratios Snapshot
Some of the financial key ratios for Bgc Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -4.1% | -12.6% | 4.7% |
| FCF Margin | ROE | ROA |
| 10.5% | 7.5% | 1.3% |
Summary
BGC Group saw strong growth in its second quarter of FY2023, with total revenue increasing 13.2% year-on-year to USD 493.1 million. However, net income was reported to be negative, at USD -19.7 million compared to a profit of USD 14.8 million in the same quarter of the previous year. Despite the drop in net income, investors were still optimistic, as the stock price moved up the same day due to growing confidence in BGC Group’s growth prospects going forward. Investors should monitor the company’s performance in the coming quarters to determine if the revenue growth can continue and if the company can turn a profit.
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