Stifel Financial Intrinsic Value – STIFEL FINANCIAL Reports Q2 FY2023 Earnings, Ending June 30 2023
August 13, 2023
🌥️Earnings Overview
On July 26, 2023, STIFEL FINANCIAL ($NYSE:SF) released their earnings report for the second quarter of FY2023, ending June 30, 2023. Total revenue for the quarter was USD 1036.6 million, a 5.2% decrease from the same period in the prior year. The company also reported a net income decline of 22.4%, coming in at USD 134.4 million.
Market Price
On Wednesday, STIFEL FINANCIAL reported its second quarter fiscal year 2023 earnings, ending June 30, 2023. The company’s stock opened at $63.1 on the day and closed at $63.3, down by 2.4% from its last closing price of $64.8. Overall, STIFEL FINANCIAL performed well in its second fiscal quarter of 2023, with revenue and earnings per share both increasing from the prior quarter. Despite experiencing a slight drop in its stock price on Wednesday due to market volatility, the company’s strong performance indicates that it is in a healthy financial position going forward. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Stifel Financial. More…
| Total Revenues | Net Income | Net Margin |
| 4.28k | 582.4 | 14.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Stifel Financial. More…
| Operations | Investing | Financing |
| 1.45k | -4.32k | 3.19k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Stifel Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 37.3k | 31.96k | 6.45 |
Key Ratios Snapshot
Some of the financial key ratios for Stifel Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.7% | – | – |
| FCF Margin | ROE | ROA |
| 31.9% | 17.3% | 1.4% |
Analysis – Stifel Financial Intrinsic Value
At GoodWhale, we analyzed the financials of STIFEL FINANCIAL and came to the conclusion that its fair value is around $99.3. This figure was calculated using our proprietary Valuation Line, which takes into account a variety of metrics such as earnings estimates, market sentiment, and historical stock prices. Currently, the stock is trading at $63.3, which is 36.2% lower than its fair value. This implies that STIFEL FINANCIAL is currently undervalued, meaning that investors who purchase the stock at current prices may be able to enjoy returns in the future should the stock regain its fair value. More…
Peers
The company was founded in 1890 and is headquartered in Missouri, United States. Stifel Financial and its competitors, BGC Partners Inc, Korea Investment Holdings Co Ltd, and Ontic Finserve Ltd, provide financial services to clients worldwide.
– BGC Partners Inc ($NASDAQ:BGCP)
BGC Partners Inc is a global investment banking and financial services company. It has a market cap of 1.41B as of 2022 and a Return on Equity of 20.64%. The company provides a range of services, including mergers and acquisitions, capital markets, and financial advisory services.
– Korea Investment Holdings Co Ltd ($KOSE:071050)
Korea Investment Holdings Co Ltd is a South Korean conglomerate that is involved in a wide range of businesses, including investment banking, securities, insurance, and asset management. The company has a market capitalization of 2.9 trillion as of 2022 and a return on equity of 16.77%. Korea Investment Holdings is one of the largest financial services firms in South Korea and is a major player in the country’s financial markets. The company has a strong presence in both the domestic and international markets, and its products and services are well-regarded by investors and clients alike.
– Ontic Finserve Ltd ($BSE:540386)
Ontic Finserve Ltd is a financial services company that provides a range of services to clients including investment banking, asset management, and insurance. The company has a market capitalization of $170.11 million and a return on equity of 2.87%. The company offers a range of services to clients including investment banking, asset management, and insurance.
Summary
Stifel Financial Corporation reported its second quarter financial results for the fiscal year ending June 30, 2023. This could be a sign of current market conditions affecting the company’s performance. Investors should analyze the company’s financials in detail to understand the impact on its future growth and determine if Stifel Financial is a good stock to invest in.
