Franklin Covey Stock Fair Value Calculator – FRANKLIN COVEY Reports Third Quarter Earnings Results for FY2023 Ending May 31 2023
June 30, 2023
🌥️Earnings Overview
On June 28, 2023, FRANKLIN COVEY ($NYSE:FC) reported the earnings results for the third quarter of FY2023, which ended May 31 2023. Total revenue was USD 71.4 million, a 7.9% increase when compared to the same period in the prior year. However, net income was USD 4.6 million, a 36.3% decrease from the same period of the previous year.
Share Price
On Wednesday, FRANKLIN COVEY reported their fiscal year 2023 third quarter earnings results. The company’s stock opened at $35.3 and closed at $35.7, an increase of 1.9% from the previous day’s closing price of $35.1. This was attributed to a combination of higher sales, cost control measures, and improved operational efficiencies, which enabled the company to increase their operating income by 18%. The company expects to continue to benefit from their strong market position, with plans to launch new products over the next two quarters.
Overall, FRANKLIN COVEY outperformed expectations for the third quarter and is well-positioned for continued success. Investors have responded favorably, with the stock up 1.9% since the release of earnings results. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Franklin Covey. More…
| Total Revenues | Net Income | Net Margin |
| 281.37 | 16.55 | 5.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Franklin Covey. More…
| Operations | Investing | Financing |
| 40.22 | -5.33 | -32.67 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Franklin Covey. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 217.72 | 143.22 | 5.38 |
Key Ratios Snapshot
Some of the financial key ratios for Franklin Covey are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.4% | 44.9% | 8.7% |
| FCF Margin | ROE | ROA |
| 10.3% | 18.4% | 7.0% |
Analysis – Franklin Covey Stock Fair Value Calculator
At GoodWhale, we have conducted a thorough analysis of FRANKLIN COVEY‘s finances and believe that the fair value of their share is around $43.5. This calculation was based on our proprietary Valuation Line which takes into account various factors such as the company’s financial performance and potential growth prospects. We believe that this presents an opportunity for investors to obtain the stock at a discounted price and potentially benefit from future gains. More…
Peers
Franklin Covey Co. competes with American Education Center Inc, Sportsfield Co Ltd, and PageGroup PLC in the market for educational and training services. The company offers a variety of services, including online and offline courses, as well as customized programs for businesses and organizations. Franklin Covey Co. has a strong brand and a loyal customer base, which gives it a competitive advantage in the market.
– American Education Center Inc ($OTCPK:AMCT)
American Education Center Inc is a for-profit corporation that provides educational services. It offers a variety of programs and services to students, including English language classes, academic advising, and cultural activities. The company was founded in 1992 and is headquartered in New York, NY.
– Sportsfield Co Ltd ($TSE:7080)
Field Co Ltd is a sports equipment company that manufactures and sells a variety of products, including baseballs, basketballs, footballs, and other sports equipment. The company has a market cap of 3.67B as of 2022 and a return on equity of 40.91%. Field Co Ltd is a publicly traded company listed on the New York Stock Exchange.
– PageGroup PLC ($LSE:PAGE)
PLC Group is a leading provider of integrated solutions for the design, development, manufacture, and support of high-performance products and systems. We serve a variety of industries, including aerospace and defense, medical device, semiconductor, and others. We have a long history of providing innovative solutions to our customers’ most challenging problems. Our team of highly skilled engineers, scientists, and technicians work together to provide the best possible products and services to our customers.
Summary
Investors may be wary of investing in FRANKLIN COVEY due to the company’s third quarter FY2023 results, which showed a 7.9% increase in total revenue to USD 71.4 million, but a 36.3% decrease in net income from the same period last year to USD 4.6 million. Despite the overall revenue growth, investors may be concerned about the significant drop in profits and the potential future risks that may exist. As such, investors should perform further research into the company’s operations and financials prior to investing.
