Honeywell International Intrinsic Stock Value – HONEYWELL INTERNATIONAL Reports FY2022 Q4 Earnings Results for the Period Ending February 2, 2023.

Earnings Overview

HONEYWELL INTERNATIONAL ($NASDAQ:HON) reported total revenue of USD 1.0 billion for Q4 of FY2022, ending February 2, 2023; this was a 28.7% decrease from the previous year. Despite the revenue decline, net income increased by 6.1% to USD 9.2 billion.

Transcripts Simplified

Honeywell’s fourth quarter was challenging, with supply chain constraints and inflation headwinds still at play, but the company’s disciplined execution and differentiated solutions enabled them to deliver on organic sales, segment margin, earnings and free cash flow commitments. Organic sales were up 10%, led by double-digit growth in commercial aviation, building products, advanced materials and UOP businesses, and the backlog grew to a new record of $29.6 billion. Segment margin expanded 150 basis points year-over-year, and free cash flow was $2.1 billion in the fourth quarter.

For the full year 2022, Honeywell delivered outstanding results above the high-end of their initial guidance for segment margin and adjusted earnings per share, with 6% organic sales growth, 70 basis points of margin expansion and $8.76 of adjusted earnings per share. Capital deployment for 2022 was $7.9 billion in total, in addition to the $4.2 billion in share repurchases, and they maintained their dividend growth policy, paying out $2.7 billion.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Honeywell International. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Honeywell International. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Honeywell International. More…

Key Ratios Snapshot

Some of the financial key ratios for Honeywell International are shown below. More…

Stock Price

HONEYWELL INTERNATIONAL reported earnings results for the fourth quarter of FY2022, ending February 2, 2023, on Thursday. The company’s stock opened at $199.0 and closed at $207.4, representing a 0.3% increase from its previous closing price of $206.7. This bullish movement of the stock price came on the back of the company’s strong performance during the period. The strong performance of HONEYWELL INTERNATIONAL was attributed to increased sales in its Aerospace and Safety & Productivity Solutions segments, which saw an 8% and 4% year-over-year growth, respectively.

In addition, the company’s cost-management initiatives also contributed to its improved financial performance. Overall, HONEYWELL INTERNATIONAL achieved its financial objectives for the quarter and delivered good results to its shareholders. Live Quote…

Analysis – Honeywell International Intrinsic Stock Value

At GoodWhale, we have conducted a thorough analysis of HONEYWELL INTERNATIONAL‘s fundamentals and concluded that the fair value of its share is around $204.6, which we calculated using our proprietary Valuation Line. Currently, the stock is being traded at $207.4, which is above the fair value and thus slightly overvalued by 1.4%. By investing in HONEYWELL INTERNATIONAL, investors are assured of a safe and sound investment as the stock is slightly overvalued at the moment and can be expected to provide good returns in the future. More…

Peers

Honeywell International Inc is an American multinational conglomerate company that produces a variety of commercial and consumer products, engineering services and aerospace systems for a wide variety of customers, from private consumers to major corporations and governments. Its competitors include Signet International Holdings Inc, LCTI Low Carbon Technologies International Inc, Noritake Co Ltd.

– Signet International Holdings Inc ($OTCPK:LWCTF)

Noritake Co Ltd is a Japanese company that manufactures and sells tableware and other ceramic products. The company has a market cap of 58.36 billion as of 2022 and a return on equity of 6.39%. Noritake Co Ltd has a long history, dating back to 1904 when it was founded in Nagoya, Japan. The company’s products are sold in over 90 countries and it has over 8,000 employees. Noritake Co Ltd’s products include dinnerware, flatware, glassware, and giftware. The company also manufactures and sells hotel wares, industrial ceramics, and electronic ceramics.

Summary

Honeywell International reported its FY2022 Q4 earnings results. Revenue for the quarter was USD 1.0 billion, down 28.7% from the previous year, but net income rose 6.1% to USD 9.2 billion. This indicates a significant improvement in margin and cost-control strategies, and signals potential further upside in the stock in the long-term.

Investors should consider Honeywell’s fundamentals and potential catalysts, such as agreements with major partners, innovative product offerings, and investments in research and development. These factors can be key indicators of long-term growth and sustainability, making Honeywell an attractive investment opportunity.