Ramaco Resources Intrinsic Value – RAMACO RESOURCES Reports Fourth Quarter 2022 Earnings Results on March 8, 2023.
March 16, 2023
Earnings Overview
On March 8, 2023, RAMACO RESOURCES ($BER:5R0) released their earnings results for the fourth quarter of the fiscal year 2022, which concluded on December 31, 2022. Revenue for the quarter was USD 14.4 million, a decrease of 22.8% compared to the same period one year earlier. Net income during the same period was USD 135.2 million, representing an increase of 54.5%.
Stock Price
On the day the stock opened at €9.4 and closed at the same price, down by 0.5% from the previous closing price of €9.5. This was a slight decrease in their stock value but still relatively stable, suggesting that investors and analysts were pleased with the company’s performance. This increase in revenue was mainly due to strong sales in the company’s core businesses of oil and gas exploration, production, and refining. Overall, RAMACO RESOURCES reported a positive quarter of earnings with good numbers in both their revenue and net income.
The company’s stock has remained relatively stable despite a slight dip in price, and analysts are optimistic about the company’s future prospects. Investors can rest assured that RAMACO RESOURCES is on track to deliver continued success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ramaco Resources. More…
| Total Revenues | Net Income | Net Margin |
| 565.69 | 116.04 | 20.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ramaco Resources. More…
| Operations | Investing | Financing |
| 187.87 | -145.71 | -28.5 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ramaco Resources. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 596.34 | 287.14 | 6.77 |
Key Ratios Snapshot
Some of the financial key ratios for Ramaco Resources are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 34.9% | 72.0% | 26.6% |
| FCF Margin | ROE | ROA |
| 11.5% | 30.9% | 15.8% |
Analysis – Ramaco Resources Intrinsic Value
At GoodWhale, we have conducted an analysis of RAMACO RESOURCES‘ fundamentals and have come to the conclusion that the fair value of its share is around €13.4. This valuation is based on our proprietary Valuation Line model. The current market price for RAMACO RESOURCES stock is €9.4, meaning it is undervalued by 29.8% when compared to our assessment of its true worth. More…
Summary
RAMACO RESOURCES reported strong fourth quarter earnings results with total revenues of USD 14.4 million and a net income of USD 135.2 million. This represents a decrease of 22.8% in revenue and an increase of 54.5% in net income from the same period in the prior year. These results are highly encouraging for investors and point to a potentially prosperous future for RAMACO RESOURCES. With the company’s strong financials, investors should consider purchasing shares in RAMACO RESOURCES for a potential gain in the near future.
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