Alarm.com Holdings Stock Intrinsic Value – ALARM.COM HOLDINGS Reports Third Quarter Earnings for Fiscal Year 2023
November 21, 2023
🌥️Earnings Overview
ALARM.COM HOLDINGS ($NASDAQ:ALRM) reported its financial results for the third quarter of fiscal year 2023, ending September 30, 2023. The company recorded a total revenue of USD 221.8 million, a 2.6% year-over-year increase, as well as net income of USD 19.5 million, a 6.5% year-over-year growth.
Share Price
The company’s stock opened at $52.4 and closed at $51.5, a decrease of 1.0% from its prior closing price of 52.0. The company looks forward to the future with confidence and is committed to furthering its growth in the coming quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Alarm.com Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 863.58 | 67.82 | 7.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Alarm.com Holdings. More…
| Operations | Investing | Financing |
| 130.54 | -27.43 | -43.09 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Alarm.com Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.41k | 713.46 | 13.38 |
Key Ratios Snapshot
Some of the financial key ratios for Alarm.com Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.4% | -1.3% | 9.3% |
| FCF Margin | ROE | ROA |
| 13.7% | 7.6% | 3.5% |
Analysis – Alarm.com Holdings Stock Intrinsic Value
We at GoodWhale have conducted an in-depth analysis of ALARM.COM HOLDINGS‘ fundamentals, and have determined that the fair value of their stock is around $77.8. This value was calculated by our proprietary Valuation Line that takes into account various factors such as growth, profitability, and financials. Currently, ALARM.COM HOLDINGS is trading at $51.5, which implies that it is undervalued by 33.8%. Therefore, we believe that investors could consider buying the stock at this price for a potential upside in the future. More…
Peers
Alarm.com Holdings Inc is a leading provider of interactive security services. The company offers a suite of security and automation products and services that enable customers to control their homes and businesses from wherever they are. Alarm.com’s products and services are available through a network of authorized dealers and distributors in the United States, Canada, Europe, Australia, and Asia.
ChannelAdvisor Corp is a global e-commerce platform company that enables brands and retailers to increase sales across online channels including marketplaces, paid search, and social media. ChannelAdvisor’s software solutions are used by over 5,000 customers worldwide to manage more than $23 billion in annual gross merchandise value.
UserTesting Inc is the world’s leading provider of on-demand human insights. UserTesting enables companies to put their customers at the center of every decision they make by delivering fast, reliable, and actionable insights about the real user experience. UserTesting’s global panel of on-demand testers provides instant feedback on websites, mobile apps, prototypes, and more.
Casy Co Ltd is a Japanese company that manufactures and sells a wide range of security products, including burglar alarms, smoke detectors, and security cameras. Casy also offers a variety of home automation products and services, such as home security systems, home automation systems, and home networking products.
– ChannelAdvisor Corp ($NYSE:ECOM)
ChannelAdvisor Corp is a provider of cloud-based e-commerce solutions that enable retailers and manufacturers to increase the global sales of their products. The company’s software platform enables its customers to connect to multiple online marketplaces, websites, and other selling channels. ChannelAdvisor’s solutions include order management, listing management, campaign management, inventory management, shipping management, and reporting.
ChannelAdvisor has a market cap of 728.75M as of 2022. The company’s ROE is 5.5%. ChannelAdvisor enables retailers and manufacturers to increase the global sales of their products through its software platform. The company’s solutions include order management, listing management, campaign management, inventory management, shipping management, and reporting.
– UserTesting Inc ($NYSE:USER)
UserTesting Inc is a publicly traded company with a market capitalization of 565.84M as of 2022. The company provides a platform that allows businesses to connect with users for feedback on websites, apps, and prototypes. The company has a negative return on equity of -27.62% as of 2022.
– Casy Co Ltd ($TSE:9215)
Casy Co Ltd is a Japanese company that manufactures and sells electronic products. The company has a market cap of 1.87B as of 2022 and a Return on Equity of -2.78%. The company’s products include digital cameras, camcorders, and other electronic products.
Summary
ALARM.COM HOLDINGS reported positive financial results for its third quarter of fiscal year 2023. Total revenue increased 2.6% year-over-year to USD 221.8 million, while net income increased 6.5% to USD 19.5 million. Overall, the company demonstrated solid growth and investors may be encouraged by these strong results. Looking ahead, ALARM.COM HOLDINGS appears to be in a strong position for continued success and investors may consider it a potentially strong investment opportunity.
