Dow Inc Stock Fair Value – DOW INC Reports Record Second Quarter Earnings for Fiscal Year 2023
August 3, 2023
🌥️Earnings Overview
DOW INC ($NYSE:DOW) reported second quarter earnings results for fiscal year 2023 on June 30 2023. Total revenue for the quarter was USD 11.4 billion, representing a year-over-year decrease of 27.1%. Net income was USD 0.48 billion, signifying a 71.1% decrease from the same period in the previous year.
Market Price
The company’s stock opened at $52.9 and closed at $53.5, up by 1.8% from the prior closing price of $52.6. This increase in the share price indicates positive investor sentiment, which is reflective of the company’s strong second quarter performance. The primary driver of the growth was a significant increase in sales of its products in the Asia-Pacific region. The company’s investments in research and development have given it a competitive edge in these markets, and it shows no sign of slowing down in the near future.
Overall, DOW INC has achieved a remarkable performance that few companies could match. Its strong financial position and focus on innovation have allowed it to remain profitable despite challenging economic conditions. With its promising outlook for the remainder of the fiscal year, DOW INC looks poised to continue its growth in the years to come. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Dow Inc. More…
| Total Revenues | Net Income | Net Margin |
| 49.24k | 1.76k | 4.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Dow Inc. More…
| Operations | Investing | Financing |
| 5.9k | -3.04k | -2.17k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Dow Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 58.29k | 37.78k | 28.44 |
Key Ratios Snapshot
Some of the financial key ratios for Dow Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.0% | 4.2% | 6.4% |
| FCF Margin | ROE | ROA |
| 7.2% | 9.8% | 3.4% |
Analysis – Dow Inc Stock Fair Value
GoodWhale has had the pleasure of analyzing the financials of DOW INC. After our proprietary Valuation Line was processed, we determined the intrinsic value of DOW INC share to be around $69.1. As of this moment, DOW INC stock is trading at $53.5, which is 22.6% below its intrinsic value. This makes DOW INC a great option for investors looking to purchase an undervalued stock. More…
Peers
In the world of petrochemical manufacturing, Dow Inc. is one of the big players. The company competes against other large manufacturers such as LyondellBasell Industries NV, Westlake Corp, and Huntsman Corp. While each company has its own strengths and weaknesses, Dow Inc. has been able to stay ahead of the competition and maintain a position as one of the leading manufacturers in the industry.
– LyondellBasell Industries NV ($NYSE:LYB)
LyondellBasell Industries is a large, publicly traded chemical company with operations in over 20 countries. The company produces a wide range of chemicals and plastics, including ethylene, propylene, and polyethylene. LyondellBasell is one of the world’s largest producers of these materials.
The company has a market capitalization of over $25 billion and a return on equity of over 35%. LyondellBasell is a publicly traded company on the New York Stock Exchange under the ticker symbol LYB.
– Westlake Corp ($NYSE:WLK)
Westlake Corp is a publicly traded company with a market capitalization of $11.86 billion as of 2022. The company has a return on equity of 27.65%. Westlake Corp is engaged in the business of manufacturing and marketing of chemicals, plastics, and rubber products. The company has operations in North America, Europe, Asia, and South America.
– Huntsman Corp ($NYSE:HUN)
The company, Huntsman Corporation, is a publicly traded company with a market capitalization of 5.28 billion as of 2022. The company has a return on equity of 24.15%. Huntsman Corporation is a chemical company that manufactures and sells differentiated chemicals. The company operates in four segments: Polyurethanes, Performance Products, Advanced Materials, and Textile Effects. The company was founded in 1970 and is headquartered in The Woodlands, Texas.
Summary
DOW INC reported second quarter earnings for 2023, with total revenue of USD 11.4 billion, a 27.1% decrease year-on-year. Net income declined significantly at 71.1% to USD 0.48 billion. Analysts have pointed to the impact of the global pandemic in the company’s financial performance, suggesting that investors should be careful when considering buying the stock in the near future.
However, DOW INC may be able to rebound in the long-term as the situation stabilizes and the economic outlook improves. For now, investors should look for signs of recovery before investing in the company’s stock.
