Hp Inc Intrinsic Value Calculation – HP INC Reports 6.6% Decrease in Revenue for Fourth Quarter of FY2023
December 6, 2023
🌥️Earnings Overview
On November 21 2023, HP INC ($NYSE:HPQ) reported that for the fourth quarter of FY2023 ending on October 31 2023, their total revenue was USD 13817.0 million, representing a 6.6% decrease compared to the same period in the previous year. Additionally, net income was reported at USD 974.0 million, an increase from -2.0 million in the corresponding period of the previous year.
Analysis – Hp Inc Intrinsic Value Calculation
GoodWhale conducted an in depth analysis of HP INC‘s wellbeing. After conducting our analysis, we have determined that the intrinsic value of HP INC share is around $34.8. This was calculated by using our proprietary Valuation Line. This implies that now is a good time to invest in HP INC. Our analysis shows that the expected returns from investing in HP INC are higher than the current market price, making it an attractive investment option. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hp Inc. More…
| Total Revenues | Net Income | Net Margin |
| 53.72k | 3.26k | 7.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hp Inc. More…
| Operations | Investing | Financing |
| 3.57k | -590 | -2.89k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hp Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 37k | 38.07k | -2.27 |
Key Ratios Snapshot
Some of the financial key ratios for Hp Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.7% | 4.3% | 7.9% |
| FCF Margin | ROE | ROA |
| 5.5% | -117.6% | 7.1% |
Peers
Its main competitors are Stratasys Ltd, Kinpo Electronics Inc, and AstroNova Inc. HP Inc has a strong market share and brand recognition, and is a reliable and innovative company.
– Stratasys Ltd ($NASDAQ:SSYS)
Stratasys Ltd is a 3D printing company that provides additive manufacturing solutions to customers in a variety of industries, including healthcare, aerospace, automotive, and consumer products. The company has a market cap of $898.47 million and a return on equity of -5.22%. Stratasys is headquartered in Eden Prairie, Minnesota.
– Kinpo Electronics Inc ($TWSE:2312)
Kinpo Electronics is a Taiwanese electronics manufacturer. The company has a market cap of 20.65 billion as of 2022 and a return on equity of 8.34%. The company manufactures electronics products for a variety of brands, including Canon, Nikon, and Sony.
– AstroNova Inc ($NASDAQ:ALOT)
AstroNova Inc is a publicly traded company with a market capitalization of $85.59 million as of 2022. The company’s return on equity (ROE) for the same year was 0.7%. AstroNova Inc is engaged in the design, manufacture, and marketing of a broad range of specialty printers, and data acquisition and analysis systems. The company’s products are used in a range of applications, including aerospace, test and measurement, medical, and industrial.
Summary
HP Inc reported a 6.6% decrease in total revenue for Q4 FY2023, ending October 31 2023, to USD 13817.0 million. Net income was reported at USD 974.0 million, compared to a loss of USD 2.0 million from the previous year. Investors will be pleased to see the company return to profitability, with an impressive improvement from last year’s figures. Looking ahead, HP Inc should be able to capitalize on its strong market position and maintain its impressive financial performance.
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