Bgsf Stock Fair Value Calculator – BGSF Reports Third Quarter FY2023 Earnings Results on November 9
December 10, 2023
🌥️Earnings Overview
On November 9th 2023, BGSF ($NYSE:BGSF) reported their earnings results for the third quarter of FY2023, which ended September 30th 2023. Revenue for the quarter was USD 83.5 million, up 6.3% compared to the same period in the previous year. However, net income for the quarter decreased by 43.2%, reaching USD 2.6 million.
Price History
On that day, the BGSF stock opened at $9.3 and closed at a higher rate of $9.7, signifying an impressive increase of 2.3% from its prior closing price of $9.5. This impressive growth in share prices is a testament to the company’s strong fundamental performance and growing investor confidence. It is also indicative of the broader market trend of steady growth that has been witnessed during this quarter. Analysts are cautiously optimistic that BGSF’s strong performance will continue in the fourth quarter as well. bgsf&utm_title=BGSF_Reports_Third_Quarter_FY2023_Earnings_Results_on_November_9″>Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Bgsf. bgsf&utm_title=BGSF_Reports_Third_Quarter_FY2023_Earnings_Results_on_November_9″>More…
| Total Revenues | Net Income | Net Margin |
| 316.88 | -9.49 | 2.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Bgsf. bgsf&utm_title=BGSF_Reports_Third_Quarter_FY2023_Earnings_Results_on_November_9″>More…
| Operations | Investing | Financing |
| 15.8 | -43.29 | 27.49 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Bgsf. bgsf&utm_title=BGSF_Reports_Third_Quarter_FY2023_Earnings_Results_on_November_9″>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 183.67 | 97.76 | 7.91 |
Key Ratios Snapshot
Some of the financial key ratios for Bgsf are shown below. bgsf&utm_title=BGSF_Reports_Third_Quarter_FY2023_Earnings_Results_on_November_9″>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.1% | 10.2% | -2.4% |
| FCF Margin | ROE | ROA |
| 4.0% | -5.6% | -2.6% |
Analysis – Bgsf Stock Fair Value Calculator
At GoodWhale, we have conducted an analysis of BGSF’s wellbeing and have determined that the fair value of a BGSF share is around $13.5. This figure has been calculated using our proprietary Valuation Line tool. Currently, BGSF stock is being traded at $9.7, which is undervalued by 28.0%. This presents an opportunity for potential investors to purchase BGSF stock at a discounted rate, whilst still gaining access to potential future growth. We believe that now is an ideal time to invest in BGSF, as our analysis suggests that they are well-positioned to capitalize on future growth opportunities. bgsf&utm_title=BGSF_Reports_Third_Quarter_FY2023_Earnings_Results_on_November_9″>More…
Peers
Its main competitors are Amadeus Fire AG, Futuris Co, and Gakujo Co Ltd.
– Amadeus Fire AG ($LTS:0DK9)
Amadeus Fire AG is a leading provider of fire protection solutions. The company has a market capitalization of 649.57 million as of 2022 and a return on equity of 25.45%. Amadeus Fire AG provides innovative fire protection solutions that meet the highest safety standards. The company’s products are used in a wide range of applications, including commercial, industrial, and residential buildings. Amadeus Fire AG’s products are backed by a team of skilled professionals who are dedicated to providing the best possible fire protection solutions.
– Futuris Co ($OTCPK:FTRS)
Futuris Co is a Japanese company that manufactures and sells automotive parts and accessories. The company has a market capitalization of 1.93 million as of 2022 and a return on equity of 17.37%. Futuris Co’s products include car seats, steering wheels, and other interior and exterior parts. The company also offers aftermarket products and services.
– Gakujo Co Ltd ($TSE:2301)
Gakujo Co Ltd is a Japanese company that manufactures and sells construction materials. It has a market cap of 20.51B as of 2022 and a Return on Equity of 8.83%. The company’s products include concrete, cement, bricks, and tiles. It also provides construction services.
Summary
Investors should consider that BGSF has reported an increase of 6.3% in their total revenue for the third quarter of FY2023, ending on September 30 2023, compared to the same period the previous year. Unfortunately, net income for the quarter was a decrease of 43.2% year over year. Therefore, investors should take into consideration that there is a noticeable gap between the revenue growth and net income growth for BGSF. Furthermore, investors should further analyse BGSF’s profitability and future prospects before making any investing decisions.
