Mizuho Leasing Intrinsic Stock Value – MIZUHO LEASING Reports Third Quarter Fiscal Year 2023 Earnings Results
March 9, 2023
Earnings Overview
On February 7, 2023, MIZUHO LEASING ($TSE:8425) released its third quarter fiscal year 2023 (ending December 31, 2022) earnings report. Total revenue was JPY 9.2 billion, a rise of 17.1% from the corresponding quarter in the prior year. Net income, however, decreased 14.3% to JPY 111.0 billion compared to the same period in the past year.
Share Price
The company’s stock opened at JP¥3410.0 and closed at JP¥3435.0, up by 1.0% from previous closing price of 3400.0. This was a positive sign for the company, as it showed that the investors had faith in their financial performance. This growth was driven by a focus on diversifying the company’s portfolio and increasing its exposure to international markets. Furthermore, the company reported improved profitability due to cost savings measures and reduced overhead expenses.
All of these factors combined to create a strong set of results for the quarter. The stock opening and closing prices indicate that the investors are confident in their future prospects and are optimistic about the company’s growth potential in the coming year. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Mizuho Leasing. More…
| Total Revenues | Net Income | Net Margin |
| 505.08k | 22.34k | 4.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Mizuho Leasing. More…
| Operations | Investing | Financing |
| -59.79k | -27.71k | 99.81k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Mizuho Leasing. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.88M | 2.61M | 5.23k |
Key Ratios Snapshot
Some of the financial key ratios for Mizuho Leasing are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.4% | 5.5% | 6.5% |
| FCF Margin | ROE | ROA |
| -11.8% | 8.0% | 0.7% |
Analysis – Mizuho Leasing Intrinsic Stock Value
At GoodWhale, we have been closely monitoring the financials of MIZUHO LEASING. After carefully analyzing the company’s performance and prospects, we have determined that the intrinsic value of its share is around JP¥3011.9. This value was calculated using our proprietary Valuation Line. Currently, MIZUHO LEASING stock is trading at JP¥3435.0, which is higher than our calculated value, suggesting that the stock is overvalued by 14.0%. More…
Peers
The company has a wide variety of services, products and solutions that are designed to meet the needs of different customers. It also has strong competition from other companies such as Metropolis Capital Holdings Ltd, California First Leasing Corp and Agarwal Fortune India Ltd.
– Metropolis Capital Holdings Ltd ($SEHK:08621)
Metropolis Capital Holdings Ltd is a global financial services firm that specializes in providing corporate finance and capital markets services. As of 2023, Metropolis Capital Holdings Ltd had a market capitalization of 24.96 million dollars. This is the total market value of all of the company’s outstanding shares. The company also boasts a Return on Equity (ROE) of 3.49%, which is an indication of its success in creating wealth for its shareholders over the long-term. This strong ROE shows the company’s management is doing an excellent job managing the firm’s finances and creating long-term value for investors.
– California First Leasing Corp ($OTCPK:CFNB)
California First Leasing Corp is a commercial finance company that provides equipment leasing and financing services for businesses in California. The company has a market capitalization of 153.41M as of 2023, which is the total value of its outstanding shares. Additionally, California First Leasing Corp has a negative return on equity of -8.13%, which indicates that the company is not generating sufficient returns on its investments relative to its equity. This suggests that the company’s financial performance is not meeting expectations.
– Agarwal Fortune India Ltd. ($BSE:530765)
Agarwal Fortune India Ltd. is a diversified business conglomerate with its head office in Mumbai, India. As of 2023, the company has a market cap of 25.06M and a Return on Equity of -80.14%, indicating that the company has not been able to generate enough profits to cover its equity investments. The company is engaged in various activities including exports of agro products, manufacturing and trading of fertilizer and biocides, and IT services. It has an extensive international presence and is also involved in various social initiatives.
Summary
MIZUHO LEASING reported strong financial results for the third quarter of fiscal year 2023. Total revenue was JPY 9.2 billion, a 17.1% increase over the same period in the prior year. Net earnings, however, decreased 14.3% to JPY 111.0 billion. This suggests that the company is still facing challenges in its operations, such as pricing pressure and competition.
Investors should keep an eye on how MIZUHO LEASING responds to these challenges, as well as how the company’s performance may be affected by macroeconomic trends. With the company’s strong revenue growth, investors may be able to find attractive opportunities in MIZUHO LEASING over the long term.
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