DFIN Stock Fair Value – DONNELLEY FINANCIAL SOLUTIONS Reports Q2 Earnings Results for FY2023
August 9, 2023
☀️Earnings Overview
DONNELLEY FINANCIAL SOLUTIONS ($NYSE:DFIN) announced their financial results for the second quarter of FY2023 ending June 30 2023 on August 2 2023. Revenue for the quarter totaled USD 242.1 million, a decrease of 9.1% compared to the same period last year. Net income for the quarter dropped 18.0% year over year to USD 37.7 million.
Price History
The stock opened at $48.3 and closed at $49.2, a 4.6% climb from the previous day’s close of $47.0. This marked a considerable improvement from the first quarter of the year, when DONNELLEY FINANCIAL SOLUTIONS experienced a drop in stock values due to market volatility and increasing trade tensions. This news has been welcomed by investors, as DONNELLEY FINANCIAL SOLUTIONS has had a strong start to the fiscal year despite the challenging market conditions. The company has managed to increase their revenue and reduce their expenses, allowing them to unlock positive cash flow and deliver better earnings for their shareholders.
DONNELLEY FINANCIAL SOLUTIONS remains committed to their long-term goals of delivering quality financial services to their clients and continuing to build a strong portfolio of investments. The company is well-positioned to take advantage of upcoming opportunities in the financial services industry and continues to look for ways to optimize their operations and improve their performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for DFIN. More…
| Total Revenues | Net Income | Net Margin |
| 797.1 | 83.6 | 10.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for DFIN. More…
| Operations | Investing | Financing |
| 125.3 | -40 | -83.9 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for DFIN. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 902.2 | 526.2 | 12.79 |
Key Ratios Snapshot
Some of the financial key ratios for DFIN are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -2.5% | 12.5% | 15.8% |
| FCF Margin | ROE | ROA |
| 9.0% | 22.2% | 8.7% |
Analysis – DFIN Stock Fair Value
At GoodWhale, we believe that analyzing a company’s fundamentals is essential for investors looking to make informed decisions. That’s why we have taken a deep dive into DONNELLEY FINANCIAL SOLUTIONS’s fundamentals and found that our proprietary Valuation Line indicates that the fair value of the stock is around $31.5. Currently, DONNELLEY FINANCIAL SOLUTIONS stock is trading at $49.2 – which means it is overvalued by 56.0%. We believe this discrepancy presents an opportunity for investors to consider DONNELLEY FINANCIAL SOLUTIONS as a potential buy target. More…
Peers
The company operates in North America, Europe, and Asia Pacific. Donnelley Financial Solutions Inc has a market capitalization of $1.37 billion. The company’s competitors include BGC Partners Inc, Rothschild & Co SCA, and Geojit Financial Services Ltd.
– BGC Partners Inc ($NASDAQ:BGCP)
BGC Partners is a global brokerage company servicing the financial and real estate markets. It has a market cap of 1.39B as of 2022 and a ROE of 25.02%. The company has operations in the United States, Europe, Asia, Australia, and the Middle East.
– Rothschild & Co SCA ($LTS:0FPB)
Rothschild & Co SCA is a French holding company that engage in the provision of financial services. The company operates through the following segments: Asset Management, Merchant Banking, and Trust and Custody. The Asset Management segment offers investment management, private banking, and capital markets products and services. The Merchant Banking segment provides advisory and capital markets services. The Trust and Custody segment offers trustee, fiduciary, and custody services. Rothschild & Co SCA was founded in 1953 and is headquartered in Paris, France.
– Geojit Financial Services Ltd ($BSE:532285)
Geojit Financial Services Ltd is an investment banking and financial services company based in India. It has a market cap of 11.32B as of 2022 and a return on equity of 16.7%. The company provides a range of services including investment banking, wealth management, and research. It has a strong presence in the Indian market and is a leading player in the investment banking and financial services space.
Summary
Donnelley Financial Solutions reported their second quarter earnings for FY2023 on August 2 2023, with total revenue of USD 242.1 million and net income of USD 37.7 million. Despite the lower year-over-year performance, the stock price still moved up the same day as investors found positives in the results. Analysts suggest that investors should consider the medium-term performance of Donnelley Financial Solutions, as its recent financial results demonstrate that the company’s prospects are good. Further, they recommend investors to weigh the potential risks and rewards of investing in the company before making any decisions.
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