Ambac Financial Intrinsic Value Calculator – AMBAC FINANCIAL Reports Second Quarter FY2023 Earnings Results on August 7 2023
August 10, 2023
🌥️Earnings Overview
On August 7 2023, AMBAC FINANCIAL ($NYSE:AMBC) revealed its fiscal results for the second quarter of FY2023 (ending June 30 2023), reporting total revenue of USD 61.0 million, representing an increase of 110.3% from the same period in the prior year. In contrast, net income for the quarter was USD -13.0 million, compared to the USD 5.0 million net income reported for the same period in the previous year.
Stock Price
The market reacted positively as the stock opened at $14.0 and closed at $14.2, an increase of 0.8% from the previous closing price of $14.0. This is indicative of investors confidence in the performance of the company in the second quarter. The company also highlighted their progress in developing new product offerings and expanding into new markets, enabling them to reach a wider customer base. These efforts have allowed the company to increase its market share, which in turn has further increased investor confidence.
Overall, AMBAC FINANCIAL had an encouraging second quarter performance, indicating that the company is well-positioned to achieve growth in the future. Investors will be closely monitoring the company’s performance in the coming quarters to see if these positive results continue. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ambac Financial. More…
| Total Revenues | Net Income | Net Margin |
| 399 | 468 | 111.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ambac Financial. More…
| Operations | Investing | Financing |
| 1.43k | 915 | -2.07k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ambac Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8.13k | 6.81k | 27.59 |
Key Ratios Snapshot
Some of the financial key ratios for Ambac Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.3% | – | 147.1% |
| FCF Margin | ROE | ROA |
| 357.1% | 29.3% | 4.5% |
Analysis – Ambac Financial Intrinsic Value Calculator
At GoodWhale, we have conducted a comprehensive analysis of AMBAC FINANCIAL‘s wellbeing. Through our proprietary Valuation Line, we have calculated the fair value of AMBAC FINANCIAL’s share to be around $18.7. Currently, the stock is traded at $14.2, which represents a 24.1% undervaluation. As such, this may be an opportunity for investors to acquire AMBAC FINANCIAL at a discount. More…
Peers
The competition in the financial sector is intense, and Ambac Financial Group Inc is up against some stiff competition. Its competitors include Syncora Holdings Ltd, San Ju San Financial Group Inc, and Hokkoku Financial Holdings Inc. All of these companies are vying for a piece of the pie, and they are all fighting to be the top dog in the industry. Ambac Financial Group Inc has its work cut out for it, but it is up to the challenge.
– Syncora Holdings Ltd ($OTCPK:SYCRF)
Syncora Holdings Ltd is a provider of guarantees and insurance coverage for public finance, infrastructure and structured finance in the United States and Europe. The company has a market cap of 26.99M as of 2022 and a return on equity of 2.11%. Syncora Holdings Ltd offers a variety of products including credit enhancement, surety, and financial guarantee insurance. The company’s products are designed to protect against loss from a variety of risks including default on debt obligations, failure to perform contracts, and project completion risks.
– San Ju San Financial Group Inc ($TSE:7322)
San Ju San Financial Group Inc is a leading financial services provider in China with a market cap of 37.57B as of 2022. The company offers a comprehensive range of banking, insurance, asset management, and other financial services to individuals, corporations, and governments in China. San Ju San is one of the largest banks in China by assets and has a nationwide network of over 10,000 branches. The company is listed on the Shanghai Stock Exchange and is a constituent of the S&P Global 1200 Index.
– Hokkoku Financial Holdings Inc ($TSE:7381)
Hokkoku Financial Holdings Inc is a Japanese financial holding company with a market cap of 112.07B as of 2022. The company operates through three main segments: Banking, Leasing, and Other. The Banking segment offers various banking products and services such as deposits, loans, and foreign exchange services. The Leasing segment offers leasing products and services to customers. The Other segment includes the company’s securities business, credit card business, and real estate business.
Summary
AMBAC FINANCIAL reported impressive second quarter results for FY2023 that saw total revenue increase 110.3% year-over-year. Net income for the period was USD -13.0 million, a decrease from the same period in the prior year. Investors should keep an eye on this company as it has demonstrated potential for significant growth in revenues, and could be an attractive opportunity in the long-term. It is important to consider the risks associated with investing in AMBAC FINANCIAL, such as the potential for continued losses and volatility of the stock price.
Additionally, the fundamentals of the company should be closely monitored, such as its financial position, capital structure, and competitive advantages.
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