Rogers Sugar Stock Intrinsic Value – ROGERS SUGAR Reports Q2 Earnings for Fiscal Year 2023
May 22, 2023
Earnings Overview
ROGERS SUGAR ($TSX:RSI) reported their earnings results on March 31 2023 for the second quarter of fiscal year 2023. Total revenue was CAD 272.9 million, showing a 7.7% increase compared to the same quarter a year prior. Net income was CAD 11.1 million, which is a 29.1% increase compared to the same quarter in the previous year.
Price History
The stock opened at CA$6.3 and closed at CA$6.2, representing a decrease of 0.3% from its previous closing price of CA$6.2.
However, investors have become increasingly concerned about the effects of rising commodity prices and increased competition in the sugar industry on ROGERS SUGAR’s market share. Despite the recent decrease in stock prices, ROGERS SUGAR remains confident in its long-term prospects and continues to focus on improving productivity and customer service. The company also continues to invest in research and development to ensure that its products remain competitive in the marketplace. Overall, investors remain cautiously optimistic about ROGERS SUGAR’s performance in the coming quarters, balancing the potential risks against the company’s growth potential. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Rogers Sugar. More…
| Total Revenues | Net Income | Net Margin |
| 1.06k | -16.63 | 1.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Rogers Sugar. More…
| Operations | Investing | Financing |
| 2.94 | -30.23 | 18.81 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Rogers Sugar. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 905.89 | 616.8 | 2.76 |
Key Ratios Snapshot
Some of the financial key ratios for Rogers Sugar are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.4% | 0.0% | 1.7% |
| FCF Margin | ROE | ROA |
| -2.6% | 3.8% | 1.2% |
Analysis – Rogers Sugar Stock Intrinsic Value
At GoodWhale, we recently conducted an analysis on ROGERS SUGAR‘s wellbeing. After crunching the numbers, we arrived at an intrinsic value of around CA$6.3 for each share of ROGERS SUGAR, calculated by our proprietary Valuation Line. Currently, ROGERS SUGAR shares are trading at CA$6.2, meaning the stock is undervalued by 2.2% when compared to its intrinsic value. More…
Peers
Rogers Sugar Inc is one of the largest sugar producers in Canada. It has been operating for over 100 years and is a leader in the sugar production industry. It is one of the biggest players in the market, competing against well-established competitors such as Simbhaoli Sugars Ltd, Uttam Sugar Mills Ltd and Avadh Sugar & Energy Ltd.
– Simbhaoli Sugars Ltd ($BSE:539742)
Simbhaoli Sugars Ltd is a leading Indian sugar and alcohol manufacturing company with a market cap of 1.08 billion as of 2022. The company has a Return on Equity (ROE) of 13.71%, which is considered to be very healthy for the industry. Simbhaoli Sugars specializes in the production of sugar, alcohol, and its by-products and also produces bio-fertilizers for the agricultural sector. The company has a strong presence in Uttar Pradesh, India, and is one of the largest sugar producers in the country. The company has also been diversifying into related business activities such as power generation, distillation and rectification of alcohol, and other related activities.
– Uttam Sugar Mills Ltd ($BSE:532729)
Uttam Sugar Mills Ltd is a leading producer and exporter of sugar and allied products with operations in India, Bangladesh and Nepal. The company has a market capitalization of 9.18 billion as of 2022, which is a testament to its financial success. Its Return on Equity (ROE) of 30.14% indicates that the company is generating profits from its shareholders’ investment. The company has established itself as an industry leader and is constantly innovating its operations to maximize efficiency and profitability.
– Avadh Sugar & Energy Ltd ($BSE:540649)
Avadh Sugar & Energy Ltd is a leading Indian sugar manufacturing and energy production company. The company has a market cap of 10 billion as of 2022, indicating its significant size and influence in the sugar and energy production markets. Avadh Sugar & Energy Ltd also has a Return on Equity (ROE) of 14.04%, which indicates that the company is making good use of its equity to generate returns for its shareholders. The company produces sugar and allied products, ethanol, and power from its integrated facilities, and is engaged in the manufacture of oil and fat products, as well as distillery products.
Summary
Investors in Rogers Sugar are likely pleased with the company’s second quarter earnings results for fiscal year 2023. Total revenue increased by 7.7%, indicating healthy sales growth, and net income rose an impressive 29.1% year-over-year. This indicates that Rogers Sugar is making wise investments and producing strong earnings results. Analysts will be watching closely to see if the company can keep up this momentum for the remainder of the fiscal year.
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