Aemetis Intrinsic Value Calculation – AEMETIS Reports Third Quarter Fiscal Year 2023 Earnings Results on November 9, 2023

🌥️Earnings Overview

On November 9, 2023, AEMETIS ($NASDAQ:AMTX) reported their earnings results for the third quarter of fiscal year 2023 (ended September 30, 2023). Total revenue for the quarter totaled USD 68.7 million, representing a year-over-year decline of 4.4%. Net income for the quarter totaled USD 30.7 million, a 144.0% increase compared to the same quarter in the prior year.

Price History

At the opening of the day, AEMETIS stock opened at $4.7 and closed at $4.6. This was a 0.7% increase from the previous closing price of 4.6. This increase reflects the gains made by AEMETIS throughout the quarter. The third quarter of the Fiscal Year 2023 was a strong one for AEMETIS, as the company was able to increase its revenues, margins, and profits compared to the same quarter in the previous year. Furthermore, AEMETIS was able to strengthen its balance sheet and cash flow position thanks to successful cost-cutting measures. This resulted in an overall positive performance for AEMETIS, despite some of the market volatility during the period.

AEMETIS’s management team remain confident in their ability to continue to generate positive results in the coming quarters. They are hopeful that the strong financial performance in the third quarter will further strengthen their position in the market. As such, they are optimistic about their outlook for the remainder of fiscal year 2023 and beyond. Overall, AEMETIS’s third quarter financial results were encouraging and demonstrate the company’s ability to thrive in the current market environment. Investors should be optimistic about AEMETIS’s future prospects as they look to achieve further success in the coming quarters. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Aemetis. AEMETIS_Reports_Third_Quarter_Fiscal_Year_2023_Earnings_Results_on_November_9_2023″>More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Aemetis. AEMETIS_Reports_Third_Quarter_Fiscal_Year_2023_Earnings_Results_on_November_9_2023″>More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Aemetis. AEMETIS_Reports_Third_Quarter_Fiscal_Year_2023_Earnings_Results_on_November_9_2023″>More…

Key Ratios Snapshot

Some of the financial key ratios for Aemetis are shown below. AEMETIS_Reports_Third_Quarter_Fiscal_Year_2023_Earnings_Results_on_November_9_2023″>More…

Analysis – Aemetis Intrinsic Value Calculation

At GoodWhale, we have conducted an analysis of AEMETIS‘s financials and have determined that the fair value of the AEMETIS share is around $6.4. This pricing is based on our proprietary Valuation Line that takes into consideration a number of factors such as revenue, earnings, and growth potential. Right now, however, AEMETIS shares are trading at $4.6, meaning it is currently undervalued by 28.3%. We believe that investors who purchase AEMETIS shares now could benefit from the potential upside in the future. More…

Peers

Headquartered in Cupertino, California, Aemetis operates an integrated production facility in India and a 50,000 gallon per day demonstration and small-scale production facility in Riverbank, California. The company has a joint venture and technology license agreement with a major Indian sugar producer for a large-scale integrated production facility in India. Aemetis owns and operates a 50 million gallon per year ethanol plant in Keyes, California. The company also owns and operates a distillation facility to produce high purity alcohols from renewable feedstocks. Aemetis has developed and patented technology to produce second-generation renewable fuels and chemicals from non-food biomass.

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Bangchak Corporation Public Company Limited is a Thailand-based company engaged in the oil business. The Company operates in five business segments. The Refining and Marketing segment is engaged in the refining of crude oil into petroleum products and the marketing of petroleum products. The Petroleum Retail segment retails gasoline, diesel oil and lubricants under the BP brand. The Power Generation segment is involved in the generation of electricity. The Engineering and Construction segment provides engineering and construction services. The Solar Farm segment provides solar farms services. The Company operates its business through its subsidiaries.

– Thai Oil PCL ($SET:TOP)

Thai Oil PCL is a leading oil and gas company in Thailand with a market cap of 118.31B as of 2022. The company has a strong return on equity of 24.7%. Thai Oil PCL is involved in the exploration, production, refining, and marketing of oil and gas products. The company has a strong presence in Thailand and Southeast Asia.

– Elinoil Hellenic Petroleum Co SA ($LTS:0NTV)

Elinoil Hellenic Petroleum Co SA is a Greece-based company engaged in the refining, marketing and supply of petroleum products, as well as the operation of a network of petrol stations. The Company’s activities are divided into three main segments: Refining, which includes the operation of a refinery in Aspropyrgos; Marketing, which deals with the marketing and sale of petroleum products; and Supply, which includes the supply of crude oil to the refinery. As of December 31, 2011, the Company operated a network of 438 petrol stations.

Summary

AEMETIS reported strong earnings for the third quarter of the 2023 fiscal year. Total revenue decreased 4.4% year-over-year, yet net income increased 144%. This suggests a good cost management strategy, as well as a greater focus on higher margin income. Investors may find value in investing in AEMETIS due to its impressive performance and profitable growth potential.

Furthermore, the company’s continued commitment to increasing margins could be a deciding factor for potential investors. All in all, AEMETIS presents an attractive opportunity to investors looking for consistent growth.