AEIS Intrinsic Value Calculation – Advanced Energy Industries Reports Second Quarter FY2023 Earnings Results for June 30 2023
August 27, 2023
☀️Earnings Overview
On August 3, 2023, ADVANCED ENERGY INDUSTRIES ($NASDAQ:AEIS) released their earnings figures for the quarter ending June 30, 2023. Total revenue came to USD 415.5 million, representing a 5.8% decrease year-on-year. Net income for the quarter was USD 27.1 million, down 39.6% from the same period in FY2022.
Market Price
On Thursday, Advanced Energy Industries (AEI) reported its second quarter financial results for the period ending June 30th, 2023. AEI stock opened at $122.5 and closed at $122.6, down by 0.5% from the previous day’s closing price of $123.2. AEI also provided guidance for the third quarter of Fiscal Year 2023. Overall, Advanced Energy Industries reported a strong second quarter performance and is well positioned to capitalize on its investments in R&D in the coming quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for AEIS. More…
| Total Revenues | Net Income | Net Margin |
| 1.85k | 175.97 | 10.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for AEIS. More…
| Operations | Investing | Financing |
| 188.41 | -73.77 | -38 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for AEIS. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.95k | 824.63 | 29.89 |
Key Ratios Snapshot
Some of the financial key ratios for AEIS are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 16.5% | 28.8% | 11.7% |
| FCF Margin | ROE | ROA |
| 6.6% | 12.1% | 6.9% |
Analysis – AEIS Intrinsic Value Calculation
GoodWhale has analyzed the financials of ADVANCED ENERGY INDUSTRIES. According to our proprietary Valuation Line, the intrinsic value of ADVANCED ENERGY INDUSTRIES share is around $106.8. Currently, the stock is traded at $122.6, which is a fair price but a bit overvalued by 14.8%. Our analysis provides insight into the company’s financial trends and can help investors decide on their investments. More…
Peers
The competition between Advanced Energy Industries Inc and its competitors is fierce. All of the companies are vying for market share in the highly competitive solar industry. Advanced Energy Industries Inc has a strong product portfolio and a strong presence in the market.
However, its competitors are also strong and have their own strengths.
– Hiwin Mikrosystem Corp ($TWSE:4576)
Hiwin Mikrosystem Corp is a technology company that specializes in the manufacture of micro-precision products and components. The company has a market cap of 7.85 billion as of 2022 and a return on equity of 8.73%. Hiwin Mikrosystem Corp is a publicly traded company listed on the Taiwan Stock Exchange. The company’s products are used in a variety of industries including automotive, aerospace, electronics, and medical.
– Kinergy Corp Ltd ($SEHK:03302)
Kinergy Corp. Ltd., through its subsidiaries, engages in the exploration and production of oil and gas in the United States. The company was founded in 2004 and is headquartered in Perth, Australia.
– Sinfonia Technology Co Ltd ($TSE:6507)
Sinfonia Technology Co., Ltd. is a Japanese company that manufactures and sells electronic and electrical products. It has a market capitalization of 38.5 billion as of 2022 and a return on equity of 11.24%. The company’s products include semiconductors, printed circuit boards, and electronic components. It also provides contract manufacturing services.
Summary
Advanced Energy Industries (AEI) reported their second quarter earnings for FY2023 on August 3, with total revenue of USD 415.5 million and a net income of USD 27.1 million. Revenue was down 5.8% compared to the same quarter of the previous year, while net income decreased 39.6%. Investors should bear in mind the downward trend in revenue and income when considering investing in AEI, and should research the company’s strategies for addressing this decline. They should also consider the potential risks and rewards of investing in AEI, as well as any other potential investments.
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