Lumentum Holdings Stock Intrinsic Value – LUMENTUM HOLDINGS Reports FY2023 Q4 Earnings Results for Period Ending June 30 2023
August 22, 2023
🌥️Earnings Overview
On August 17 2023, LUMENTUM HOLDINGS ($NASDAQ:LITE) reported their fourth-quarter earnings results for the period ending June 30 2023. Total revenue for the quarter was USD 370.8 million, a decrease of 12.2% compared to the same quarter of the prior year. Net income for the quarter was reported at USD -60.2 million, in comparison to 34.7 million in the prior year.
Market Price
On Thursday, Lumentum Holdings reported its financial results for the fourth fiscal quarter of 2023. The company reported that its stock opened at $48.8 and closed at $46.2, down 1.3% from its previous closing price of $46.8. The company attributed its financial success to strong demand for its products across multiple markets. The company also noted that it had increased its R&D investments and that it was making progress in the development of new products and services that will further improve its competitive position in the industry. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lumentum Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 1.77k | -131.6 | -6.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lumentum Holdings. More…
| Operations | Investing | Financing |
| 244.9 | -226.3 | 282.9 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lumentum Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.63k | 3.28k | 20.42 |
Key Ratios Snapshot
Some of the financial key ratios for Lumentum Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.7% | 94.6% | -3.8% |
| FCF Margin | ROE | ROA |
| 7.0% | -2.9% | -0.9% |
Analysis – Lumentum Holdings Stock Intrinsic Value
At GoodWhale we have analyzed the fundamentals of LUMENTUM HOLDINGS and come to the conclusion that the intrinsic value of their stock is around $71.1. This is based on our proprietary Valuation Line, which takes into account factors such as the company’s financials, its competitive landscape, and economic developments. Currently, LUMENTUM HOLDINGS shares are trading at only $46.2, which represents a 35.0% discount to its intrinsic value. This suggests that the stock may be undervalued and presents an opportunity for investors to purchase it at a price below its true market value. More…
Peers
The company’s products are used in a variety of applications, including fiber-optic telecommunications, data communications, industrial lasers, and medical lasers.
– Advanced Fiber Resources (Zhuhai) Ltd ($SZSE:300620)
Advanced Fiber Resources (Zhuhai) Ltd is a leading manufacturer of advanced fiber-based products and materials. The company has a market cap of 6.59B as of 2022 and a return on equity of 5.23%. Advanced Fiber Resources (Zhuhai) Ltd manufactures a wide range of products, including fiber optic cable, data center equipment, and telecommunications equipment. The company’s products are used in a variety of applications, including data communications, computing, and networking.
– APAC Opto Electronics Inc ($TPEX:4908)
PAC Opto Electronics Inc is a Taiwanese company that manufactures and sells opto-electronic products. The company has a market cap of 2.39B as of 2022 and a Return on Equity of 12.6%. PAC Opto Electronics Inc’s products include semiconductor lasers, light emitting diodes, photo detectors, and optical communication components. The company’s products are used in a variety of applications including telecommunications, data storage, industrial, and medical.
– Cowell e Holdings Inc ($SEHK:01415)
Cowell e Holdings Inc is a holding company that operates through its subsidiaries. The company has a market cap of 10.95B as of 2022 and a ROE of 13.79%. The company’s subsidiaries engage in the business of providing financial services, including banking, lending, and investing. The company’s operations are conducted through its subsidiaries, which include Cowell e Bank, Cowell e Credit Union, and Cowell e Investment Services.
Summary
Lumentum Holdings reported a decrease of 12.2% in total revenue for the quarter ending June 30 2023, compared to the same quarter of the prior year. Net income was reported at -60.2 million, a significant decline from 34.7 million reported in the previous year. This poor performance is likely to be a cause for concern for current and potential investors.
Moving forward, it is important for investors to closely monitor the company’s financial performance and look for signs of recovery. With strategic investments and aggressive cost cutting, there is potential for Lumentum Holdings to turn around and get back on track.
