Boss Energy Stock Intrinsic Value – BOSS ENERGY Reports FY2023 Q2 Earnings Results for Quarter Ending December 31, 2022
March 18, 2023
Earnings Overview
On March 10, 2023, BOSS ENERGY ($ASX:BOE) released their FY2023 second quarter earnings results for the period ending December 31, 2022. Total revenue for this quarter was AUD -2.4 million, representing a decrease of 115.2% compared to the same quarter in the prior year. Net income was reported to be AUD nan million, showing no change year over year.
Share Price
The stock opened at AU$2.4 and closed at AU$2.3, a decrease of 2.9% from its previous closing price of 2.4. This was on the back of market volatility stemming from the uncertain economic climate caused by the pandemic. Despite this, the company is optimistic about its future outlook and will continue to explore ways to further grow its business. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Boss Energy. More…
| Total Revenues | Net Income | Net Margin |
| – | 12.88 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Boss Energy. More…
| Operations | Investing | Financing |
| -4.04 | -17.86 | 118.86 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Boss Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 246.09 | 11.11 | 0.67 |
Key Ratios Snapshot
Some of the financial key ratios for Boss Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | – |
| FCF Margin | ROE | ROA |
| – | 3.5% | 3.3% |
Analysis – Boss Energy Stock Intrinsic Value
At GoodWhale, we have conducted an analysis of BOSS ENERGY‘s financials to calculate the fair value of their shares. Our proprietary Valuation Line indicated that the fair value of BOSS ENERGY was around AU$2.8. Currently, the stock is being traded at AU$2.3, a price that is 17.8% lower than the fair value. As such, we have concluded that BOSS ENERGY is currently undervalued. More…
Peers
The competition between Boss Energy Ltd and its competitors, Auris Minerals Ltd, Celsius Resources Ltd, and DevEx Resources Ltd has been heating up in recent years. With each company vying for a larger share of the market, Boss Energy Ltd has had to stay ahead of the competition by innovating and investing in new technologies and strategies. This competition has created an environment where the best products and services are rewarded, and customers can expect a high-quality result no matter which company they choose.
– Auris Minerals Ltd ($ASX:AUR)
Auris Minerals Ltd is a mineral exploration and development company that focuses on gold and copper exploration in the Pilbara region of Australia. The company has a market capitalization of 7.15M as of 2023. This is the total value of the company, based on its share price and total shares outstanding. The Return on Equity (ROE) of -3.94% indicates that the company is not generating profits from the investments made by shareholders. The negative ROE could suggest that the company is not utilizing its assets to generate sufficient returns for its shareholders.
– Celsius Resources Ltd ($ASX:CLA)
Celsius Resources Ltd is a mineral exploration company that primarily focuses on the discovery of base metals and gold. The company has a market cap of 31.57M as of 2023, reflecting its current financial standing. Its Return on Equity (ROE) is -9.01%, which is currently below the industry average ROE. This indicates that the company has not been able to generate significant return from its investments, however, it is still a relatively small company and may not have had enough time and resources to reach its full potential.
– DevEx Resources Ltd ($ASX:DEV)
DevEx Resources Ltd is a mining and exploration company based in the United Kingdom. The company specializes in exploring and producing minerals such as gold, silver, copper, and coal. As of 2023, DevEx Resources Ltd has a market capitalization of 100.11M, indicating its significance in the sector. Furthermore, DevEx Resources Ltd has a Return on Equity of -68.72%, which represents a decrease in its profitability. This suggests that the company has not been able to generate sufficient returns from its shareholders’ investments.
Summary
BOSS ENERGY reported their Q2 FY2023 earnings on March 10, 2023 and the results showed a significantly decreased revenue of AUD -2.4 million, a 115.2% decrease year over year. Net income however, stayed the same. Investors should take this into account when considering the company’s stock performance in the future.
Due to the decreased revenue, investors should evaluate the company’s strategies and management capability to determine whether the stock is a good investment. Furthermore, investors should monitor any changes in the industry as well as economic trends in order to make informed decisions.
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