Brc Inc Stock Fair Value Calculation – BRC INC Reports Third Quarter Earnings for 2023 Fiscal Year
November 20, 2023
🌥️Earnings Overview
BRC INC ($NYSE:BRCC) reported its earnings results for the third quarter of fiscal year 2023, which ended on September 30 2023, on November 9 2023. Total revenue for the quarter was USD 100.5 million, representing a 33.2% year-over-year increase. Net income for the period was USD -3.2 million, an improvement from the -4.0 million recorded in the same period last year.
Price History
At the opening of the market, BRC INC stock opened at $3.1, but closed lower at $3.0, representing a decrease of 2.3% from the prior closing price of $3.1. Analysts attributed the lower closing price to a weak overall performance by the company in comparison with the previous quarters. Despite this, BRC INC is still continuing to show positive growth and remains confident in their ability to deliver a strong performance in the fourth quarter. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Brc Inc. More…
| Total Revenues | Net Income | Net Margin |
| 369.59 | -17.45 | -4.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Brc Inc. More…
| Operations | Investing | Financing |
| -84.21 | -17.11 | 38.25 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Brc Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 239.63 | 180.17 | 0.34 |
Key Ratios Snapshot
Some of the financial key ratios for Brc Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 54.2% | – | -15.5% |
| FCF Margin | ROE | ROA |
| -28.9% | -164.0% | -15.0% |
Analysis – Brc Inc Stock Fair Value Calculation
At GoodWhale, we have studied the fundamentals of BRC INC, and conducted an in-depth analysis with our proprietary system. Our Valuation Line has estimated that the intrinsic value of BRC INC share is around $8.8. At the moment, the stock of BRC INC is trading at $3.0, which is evidently undervalued by 65.9%. Therefore, it presents an interesting opportunity for investors who are looking for good value in the market. We believe that BRC INC is worth considering as a potential investment. More…
Peers
The company has a wide array of products that include fresh milk, yogurt, cheese, ice cream, and other dairy products. The company operates in three segments: fresh milk, processed milk, and dairy products. BRC Inc competes with The a2 Milk Co Ltd, Pengdu Agriculture & Animal Husbandry Co Ltd, and Inner Mongolia Yili Industrial Group Co Ltd in the Chinese dairy market.
– The a2 Milk Co Ltd ($ASX:A2M)
The a2 Milk Co Ltd is a dual-listed public company that operates in the dairy industry. The company has a market capitalization of 4.26 billion as of 2022 and a return on equity of 9.93%. The company was founded in 2000 and is headquartered in New Zealand. The company operates in two segments: Dairy and Ingredients, and Infant Nutrition. The company offers a range of dairy products, including milk, cheese, butter, and infant formula. The company also supplies milk powder to the global infant formula market.
– Pengdu Agriculture & Animal Husbandry Co Ltd ($SZSE:002505)
Pengdu Agriculture & Animal Husbandry Co Ltd is a Chinese company that produces and sells animal feed and agricultural products. The company has a market cap of 17.85 billion as of 2022 and a return on equity of 7.45%. The company’s products include pig feed, chicken feed, and fish feed. The company also produces and sells other agricultural products such as corn, wheat, and soybeans.
– Inner Mongolia Yili Industrial Group Co Ltd ($SHSE:600887)
Inner Mongolia Yili Industrial Group Co Ltd is a China-based company principally engaged in the manufacture and sale of dairy products. The Company operates its businesses through six segments. The Dairy Products segment is engaged in the production and sale of various kinds of dairy products, including milk powder, liquid milk, yogurt, cheese and ice cream. The Infant Formula Milk Powder segment is engaged in the production and sale of infant formula milk powder. The Functional Dairy Drinks segment is engaged in the production and sale of functional dairy drinks. The Raw Milk segment is engaged in the purchase and sale of raw milk. The Animal Husbandry segment is engaged in the breeding of dairy cows and the sale of dairy cows and dairy cow feed. The Others segment is engaged in the operation of water business and the provision of information technology (IT) services.
Summary
BRC INC‘s third quarter results for the fiscal year 2023 show that the company has grown significantly compared to the previous year. Total revenue of USD 100.5 million was recorded, a 33.2% year-over-year increase. Net income for the quarter was reported as USD -3.2 million, a slight improvement over last year’s figure of -4.0 million.
Despite the improvements, investors are advised to conduct further research to ensure that BRC INC’s continued profitability and growth in the coming quarters. It is also important to consider any potential risks that may arise from investing in BRC INC before making a decision.
Related Posts
Recent Posts
