Regional Management Intrinsic Stock Value – REGIONAL MANAGEMENT Reports Positive Earnings Results for Second Quarter of FY 2023
August 15, 2023
☀️Earnings Overview
REGIONAL MANAGEMENT ($NYSE:RM) reported total revenue of USD 117.3 million for the second quarter of fiscal year 2023, a 1.7% rise from the same period in the previous year. Unfortunately, net income for the quarter dropped 49.7% from the same period the year before, totaling USD 6.0 million.
Share Price
On Wednesday, REGIONAL MANAGEMENT, a renowned global management company, reported positive earnings results for the second quarter of fiscal year 2023. This news caused a slight drop in stock trading prices on the day, with the stock opening at $32.4 and closing at $32.1, a 3.2% drop from the prior closing price of 33.2. The positive earnings results were driven by strong demand for the company’s services throughout the quarter, increased efficiency in their operations and reduced costs. This solid performance was further boosted by a decrease in the cost of goods sold and improved efficiency in operations.
The company’s CEO expressed satisfaction with the quarter’s performance, noting that the company had achieved their goals for the quarter and was looking forward to continued positive results in the third and fourth quarters. He emphasized their commitment to meeting customer demands and continuing to operate with efficiency and cost-effectiveness. The company remains confident that they will continue to see positive results throughout the remainder of the fiscal year. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Regional Management. More…
| Total Revenues | Net Income | Net Margin |
| 472.61 | 27.17 | 5.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Regional Management. More…
| Operations | Investing | Financing |
| 231.19 | -447.29 | 205.57 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Regional Management. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.72k | 1.4k | 33.34 |
Key Ratios Snapshot
Some of the financial key ratios for Regional Management are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.1% | – | – |
| FCF Margin | ROE | ROA |
| 46.2% | 6.7% | 1.2% |
Analysis – Regional Management Intrinsic Stock Value
GoodWhale has done a comprehensive analysis of REGIONAL MANAGEMENT‘s financials, and we have come up with a fair value for the stock. According to our proprietary Valuation Line, the fair value for REGIONAL MANAGEMENT’s share is $45.6. However, this is not the market price that investors can expect to pay. Currently, the stock is trading at $32.1, which is 29.6% lower than its intrinsic value. This is an opportunity for investors to purchase the stock at below market price, and may be a good time to invest. More…
Peers
It offers personal loans, auto loans, and retail merchant financing products through its subsidiaries. The company was founded in 1987 and is headquartered in Greenville, South Carolina. RM’s competitors include Credito Real SAB de CV Sofom ER, Zuoli Kechuang Micro-finance Co Ltd, and Ceejay Finance Ltd.
– Credito Real SAB de CV Sofom ER ($SEHK:06866)
Zuoli Kechuang Micro-finance Co Ltd is a Chinese micro-finance company with a market cap of 354M as of 2022. The company has a Return on Equity of 5.39%. Zuoli Kechuang Micro-finance Co Ltd mainly provides loans to small businesses and individuals in China.
– Zuoli Kechuang Micro-finance Co Ltd ($BSE:530789)
Ceejay Finance Ltd is a publicly traded company with a market cap of 364.32M as of 2022. The company has a Return on Equity of 10.53%. Ceejay Finance Ltd is a provider of financial services. The company offers a range of services including lending, investment banking, and wealth management.
Summary
REGIONAL MANAGEMENT reported its second quarter earnings for 2023 on June 30th, with total revenues increasing by 1.7% year-over-year. Net income, however, decreased by 49.7%, amounting to USD 6.0 million. This had a direct and immediate effect on the stock price, which dropped the same day.
Investors should consider this poor performance and lack of profitability when considering an investment in REGIONAL MANAGEMENT. It is also important to review the company’s financials to gauge its ability to withstand current economic conditions and any other unforeseen circumstances.
Related Posts
Recent Posts
