Motorola Solutions Stock Fair Value – Motorola Solutions Reports 2nd Quarter Earnings Results for FY2023
August 27, 2023
☀️Earnings Overview
Motorola Solutions ($NYSE:MSI) reported second quarter fiscal year 2023 earnings results on August 3 2023, revealing a 12.3% year-over-year increase in revenue to USD 2403.0 million and an impressive 62.7% jump in net income to USD 371.0 million as compared to the same quarter of the previous year.
Price History
On Thursday, MOTOROLA SOLUTIONS reported their 2nd quarter earnings results for the fiscal year 2023. The company attributed the growth in revenue to an increase in demand for its products and services, driven by the continued growth in connected devices. In particular, sales of its MotoE and MotoX products saw strong growth, while its core product lines of two-way radios and public safety systems also witnessed steady growth. The company also reaffirmed its commitment to providing its customers with innovative and reliable technologies to meet their needs. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Motorola Solutions. More…
| Total Revenues | Net Income | Net Margin |
| 9.65k | 1.52k | 16.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Motorola Solutions. More…
| Operations | Investing | Financing |
| 1.75k | -825 | -971 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Motorola Solutions. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 12.25k | 11.9k | 2.02 |
Key Ratios Snapshot
Some of the financial key ratios for Motorola Solutions are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.1% | 10.3% | 21.6% |
| FCF Margin | ROE | ROA |
| 15.5% | 457.5% | 10.7% |
Analysis – Motorola Solutions Stock Fair Value
We at GoodWhale have analyzed the financials of MOTOROLA SOLUTIONS to provide investors with an accurate valuation. Our proprietary Valuation Line has calculated the intrinsic value of MOTOROLA SOLUTIONS’s share to be around $262.5. More…
Peers
The company’s products and solutions include two-way radios, push-to-talk phones, public safety radios, network infrastructure, and software and services. Motorola Solutions also offers a wide range of professional services, including consulting, systems integration, project management, and managed services. The company’s primary competitors are Aviat Networks Inc, Ondas Holdings Inc, Telefonaktiebolaget L M Ericsson.
– Aviat Networks Inc ($NASDAQ:AVNW)
Aviat Networks, Inc. provides wireless backhaul solutions that enable the transport of data, voice, and video traffic over a wireless network. The company’s solutions include microwave radio systems, routers, switches, and software products that are designed to work together to support end-to-end wireless broadband applications. It serves carriers, service providers, government, and enterprise customers in more than 150 countries. The company was founded in 2006 and is headquartered in Santa Clara, California.
Aviat Networks has a market capitalization of $336.77 million as of 2022 and a return on equity of 8.53%. The company provides wireless backhaul solutions that enable the transport of data, voice, and video traffic over a wireless network. Its solutions include microwave radio systems, routers, switches, and software products that are designed to work together to support end-to-end wireless broadband applications. It serves carriers, service providers, government, and enterprise customers in more than 150 countries.
– Ondas Holdings Inc ($NASDAQ:ONDS)
Ondas Holdings Inc is a publicly traded holding company with a focus on technology investments. The company’s shares are traded on the Nasdaq Stock Market under the ticker symbol “ONDS”. As of 2022, the company had a market capitalization of $224.48 million and a return on equity of -19.92%. The company’s primary businesses include investments in software and technology companies, as well as real estate holdings.
– Telefonaktiebolaget L M Ericsson ($BER:ERCG)
Telefonaktiebolaget L M Ericsson is a Swedish multinational networking and telecommunications company headquartered in Stockholm. The company offers products and services in over 180 countries. The company’s main customers are mobile network operators, followed by cable TV operators, fixed-line operators, and other telecom service providers. The company’s product portfolio includes networks, digital services, cloud, and IoT.
Summary
MOTOROLA SOLUTIONS experienced strong financial growth in the second quarter of FY2023. Total revenue increased 12.3% compared to the same period of the prior year, and net income grew an impressive 62.7%. The company is positioned to continue its upward trajectory, given its robust financial performance and strong balance sheet. Investors can feel confident about investing in MOTOROLA SOLUTIONS and should expect to see positive returns over time.
