Firstcash Holdings Intrinsic Value – FIRSTCASH HOLDINGS Reports Strong Earnings Results for FY2022 Q4, Ending December 31 2022.

Earnings Overview

On February 2, 2023, FIRSTCASH HOLDINGS ($NASDAQ:FCFS) announced its financial results for the fourth quarter of FY2022, ending on December 31, 2022. Total revenue for the quarter came to USD 80.1 million, registering a 172.6% year-to-year growth. Meanwhile, net income totaled USD 749.3 million, a 49.3% increase compared to the previous year.

Stock Price

On Thursday, FIRSTCASH HOLDINGS reported strong earnings results for its fiscal year 2022 fourth quarter, which ended December 31 2022.

However, the stock price opened at $92.8 and closed at $91.0, down 0.8% from the previous day’s closing price of 91.8. Despite the slight dip in stock price, the company’s strong fiscal results have analysts and investors feeling optimistic about the future. Going forward, FIRSTCASH HOLDINGS is looking to capitalize on its impressive performance by investing in the expansion of new stores, as well as focusing on its digital presence. With such strategies in place, the company is well-positioned to continue its strong growth trajectory. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Firstcash Holdings. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Firstcash Holdings. More…

Balance Sheet Snapshot

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

Key Ratios Snapshot

Some of the financial key ratios for Firstcash Holdings are shown below. More…

Analysis – Firstcash Holdings Intrinsic Value

We at GoodWhale have conducted an analysis of FIRSTCASH HOLDINGS‘s wellbeing to provide an accurate estimate of its intrinsic value. Through our proprietary Valuation Line, we calculated the intrinsic value of FIRSTCASH HOLDINGS’s share to be around $98.3. 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

Investors in FIRSTCASH HOLDINGS have much to be pleased about after the company reported strong fourth quarter results for FY2022. Revenue for the quarter was USD 80.1 million, representing a 172.6% increase compared to the same period a year ago. Net income also saw impressive growth, increasing by 49.3% year-on-year to USD 749.3 million.

These impressive figures indicate that FIRSTCASH HOLDINGS has achieved substantial growth in recent quarters and is a sound investment opportunity. Furthermore, the company is likely to continue to experience significant growth in the foreseeable future.