HUNTSMAN CORPORATION ($NYSE:HUN) released their financial results for the second quarter of FY2023, ending July 31st 2023, on June 30th 2023. Their total revenue was USD 1596.0 million, a decrease of 32.4% compared to the same period in the previous year. Net income was USD 19.0 million, a decrease of 91.7% from the year before.
Huntsman Corporation, a global manufacturer of specialty chemicals, released its financial results for the second quarter of fiscal year 2023 on Monday. At the opening bell, stock prices began at $29.7 and closed at $29.8, up 0.1% from the previous day’s closing price of $29.7. Overall, the financial results released by Huntsman Corporation exceeded expectations and signaled positive performance momentum heading into the rest of the fiscal year. Live Quote…
About the Company
Ownership (Institutional/ Fund Holdings)
Below shows the total revenue, net income and net margin for Huntsman Corporation. More…
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Cash Flow Snapshot
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Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Huntsman Corporation. More…
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Balance Sheet Supplement
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Key Ratios Snapshot
Some of the financial key ratios for Huntsman Corporation are shown below. More…
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Analysis – Huntsman Corporation Intrinsic Stock Value
At GoodWhale, we recently investigated the financials of HUNTSMAN CORPORATION. After our analysis, we calculated that the fair value of HUNTSMAN CORPORATION share is around $33.4 using our proprietary Valuation Line. However, investors can currently purchase HUNTSMAN CORPORATION stock for $29.8, which is a fair price that is undervalued by 10.8%. It may be a good opportunity for investors who are looking for potential long-term gains. More…
Risk Rating Analysis
Star Chart Analysis
They operate in four segments: Polyurethanes, Performance Products, Advanced Materials and Textile Effects. Huntsman Corp’s competitors include Univar Solutions Inc, Solvay SA, Braskem SA.
– Univar Solutions Inc ($NYSE:UNVR)
Univar Solutions Inc is a chemical and ingredient distributor with a market cap of 4.58B as of 2022. The company has a return on equity of 23.02%. Univar Solutions Inc distributes chemicals and ingredients to customers in a variety of industries including oil & gas, food & beverage, pharmaceuticals, personal care, and more. The company has a network of over 200 distribution facilities in North America, Europe, Asia Pacific, and Latin America.
Solvay SA is a Belgian chemical company with a market cap of 9.61B as of 2022. The company has a Return on Equity of 13.2%. Solvay SA produces a wide range of chemicals, plastics, and performance materials. The company’s products are used in a variety of industries, including automotive, aerospace, electronics, construction, and healthcare. Solvay SA has a strong market position and is well-positioned to continue growing its business.
Braskem SA is one of the world’s largest petrochemical companies, with a market capitalization of over $5 billion. The company produces a wide range of chemicals and plastics, and has a strong presence in Brazil and other Latin American countries. Braskem’s return on equity is an impressive 65.49%, indicating that the company is generate significant profits for its shareholders. The company is well-positioned to continue its growth in the coming years.
Huntsman Corporation has experienced a sharp decline in both revenue and net income in the second quarter of their fiscal year 2023. Revenue was down 32.4% to USD 1596.0 million, and net income suffered an even more dramatic drop of 91.7% to USD 19.0 million. These figures suggest that Huntsman Corporation is facing a difficult financial situation and investors should be cautious when considering an investment in the company. They should carefully analyze the company’s financial status, competitive environment, and long-term prospects to make an informed decision.