Firstcash Holdings Intrinsic Value – FIRSTCASH HOLDINGS reports 172.6% YoY increase in Q4 FY2022 revenue with USD 80.1 million.
February 7, 2023
Earnings report
Firstcash Holdings Intrinsic Value – FIRSTCASH HOLDINGS ($NASDAQ:FCFS) is a leading provider of financial services and retail solutions to customers across the United States and Mexico. The company reported its earnings results for the fourth quarter of the financial year 2022 (Q4 FY2022) on February 2, 2023. The total revenue for the quarter was USD 80.1 million, an increase of 172.6% year over year. Net income was also up 49.3% to USD 749.3 million from the same period in the previous year. The large increase in revenue was attributed to strong customer demand and a growing market presence. FIRSTCASH HOLDINGS has been focusing on expanding its consumer base by increasing the number of retail locations, as well as launching new products and services.
This has allowed them to capture more market share and expand their customer base. This was attributed to increased efficiencies and lower costs associated with providing services and products to customers. Overall, FIRSTCASH HOLDINGS had a very successful fourth quarter, with total revenue increasing by 172.6% year over year and net income increasing by 49.3%. The company’s strong performance is a testament to its strategy of focusing on customer growth and expanding its product offerings. With its strong financials and healthy outlook, FIRSTCASH HOLDINGS is well positioned to continue its success in the coming quarters.
Stock Price
On Thursday, FIRSTCASH HOLDINGS released its earnings report for the fourth quarter of FY2022, disclosing a 172.6% year-over-year increase in revenue. The company reported total revenue of USD 80.1 million for the period. Despite the positive news, FIRSTCASH HOLDINGS stock opened at $92.8 and closed at $91.0, down by 0.8% from the previous closing price of 91.8. The company has seen impressive growth over the past year and the fourth quarter financials only further solidified its position in the marketplace. The 172.6% YoY increase in revenue was fueled by strong growth in its online and digital channels.
Overall, FIRSTCASH HOLDINGS’s Q4 FY2022 performance was impressive and the company’s outlook for the future looks promising. The company’s solid financial results and strong commitment to digital channels have created an environment of confidence among investors as they look ahead to the coming quarters. With the 172.6% YoY increase in revenue, FIRSTCASH HOLDINGS has solidified its position as a leader in the industry and is well-positioned for continued success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Firstcash Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 2.73k | 253.5 | 9.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Firstcash Holdings. More…
| Operations | Investing | Financing |
| 411.25 | -744.64 | 576.99 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Firstcash Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.9k | 2.03k | 38.85 |
Key Ratios Snapshot
Some of the financial key ratios for Firstcash Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.5% | 3.2% | 14.5% |
| FCF Margin | ROE | ROA |
| 13.6% | 13.4% | 6.3% |
Analysis – Firstcash Holdings Intrinsic Value
GoodWhale has conducted an analysis of FIRSTCASH HOLDINGS‘s fundamentals and concluded that the intrinsic value of FIRSTCASH HOLDINGS share is around $91.0. Our proprietary Valuation Line was used to come to this conclusion. Currently, FIRSTCASH HOLDINGS stock is traded at $91.0, indicating it is trading at a fair price. FIRSTCASH HOLDINGS is an international operator of retail pawn stores, which provide secured non-recourse loans and a variety of retail merchandise in Mexico and the United States. FIRSTCASH HOLDINGS operates through its subsidiaries, providing customers access to short-term cash solutions through a variety of pawn and other loan products. By conducting rigorous analysis of FIRSTCASH HOLDINGS’s fundamentals, GoodWhale has determined that its intrinsic value is around $91.0. This price is fair, since it is trading at the same level in the stock market. Investors should consider investing in FIRSTCASH HOLDINGS if they are looking for a good opportunity with a fair price. More…
Peers
The company offers a variety of cash advance products and services to its customers. FirstCash Holdings Inc competes with a number of other companies in the cash advance industry, including Regional Management Corp, Ceejay Finance Ltd, Neil Industries Ltd.
– Regional Management Corp ($NYSE:RM)
Regional Management Corp. is a specialty finance company that provides personal loans, automobile loans, and credit solutions. The company operates in the United States and Puerto Rico. Regional Management Corp. was founded in 1987 and is headquartered in Greenville, South Carolina.
– Ceejay Finance Ltd ($BSE:530789)
Ceejay Finance Ltd is a company that provides financial services. The company has a market capitalization of $355.18 million as of 2022 and a return on equity of 9.78%. The company provides services such as loans, credit cards, and insurance. The company also provides investment services.
– Neil Industries Ltd ($BSE:539016)
Nirali Industries Ltd is an Indian company that manufactures and markets stainless steel products. The company has a market cap of 138.83M as of 2022 and a Return on Equity of -2.46%. Nirali Industries Ltd manufactures a range of stainless steel products including kitchenware, utensils, and appliances. The company has a strong presence in the Indian market and is expanding its operations into other markets such as the Middle East and Africa.
Summary
FIRSTCASH HOLDINGS has posted strong financial results for their fourth quarter of the financial year 2022. Total revenue for the quarter was USD 80.1 million, representing a 172.6% increase from the same period in the previous year. Net income was also up 49.3% to USD 749.3 million. These impressive results suggest that FIRSTCASH HOLDINGS is a strong investment option. The company’s revenue growth is impressive and is likely to continue in the future as they continue to expand into new markets. The increase in net income is also a positive sign, as it indicates that FIRSTCASH HOLDINGS is managing their resources efficiently and is making a profit.
Furthermore, the company is well positioned to benefit from the economic recovery as businesses and consumers continue to return to their pre-pandemic levels of activity. The company has demonstrated consistent growth and has proven itself to be a suitable long-term investment. With its attractive dividend yield, investors can also benefit from a steady stream of income. Furthermore, the company’s financial stability makes it an attractive option for those looking for a safe and secure investment.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
