Breville Group Stock Fair Value – BREVILLE GROUP Reports Profitable Second Quarter of 2023 Fiscal Year
March 26, 2023
Earnings Overview
BREVILLE GROUP ($ASX:BRG) reported total revenue of AUD 78.7 million for the second quarter of the 2023 fiscal year ending February 14 2023, a 1.3% increase compared to the same period in the previous year. Net income for the quarter was AUD 888.0 million, up 1.1% year over year as of December 31 2022.
Price History
Despite this positive news, the company’s stock opened at AU$20.7 and closed at the same price, down by 4.7% from its prior closing price of 21.7. The company attributed its success to increased customer demand, particularly in key markets such as the US, China and Europe. Furthermore, the company has optimized its production processes to ensure the highest quality products at the most competitive prices. Overall, BREVILLE GROUP‘s second quarter results demonstrate the company’s strong performance and its ability to remain profitable despite challenging market conditions.
The company’s outlook remains positive and it is confident it will continue to deliver consistent growth. As such, shareholders should remain confident in their investments in the company and expect a more successful fiscal year ahead. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Breville Group. More…
| Total Revenues | Net Income | Net Margin |
| 1.43k | 106.74 | 7.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Breville Group. More…
| Operations | Investing | Financing |
| -37 | -132.35 | 103.66 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Breville Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.52k | 782.44 | 5.17 |
Key Ratios Snapshot
Some of the financial key ratios for Breville Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.9% | 15.2% | 11.4% |
| FCF Margin | ROE | ROA |
| -6.0% | 15.0% | 6.7% |
Analysis – Breville Group Stock Fair Value
GoodWhale has recently conducted a fundamental analysis of BREVILLE GROUP, in order to determine its fair value. Our proprietary Valuation Line has calculated the fair value of BREVILLE GROUP share to be AU$27.3. Currently, BREVILLE GROUP stock is trading at AU$20.7, suggesting that it is undervalued by 24.3%. This could be an opportunity for investors to purchase the stock at a discounted price. We believe that the stock is likely to appreciate in the future, and those who buy it now have the potential to earn attractive returns. More…
Peers
Breville Group Ltd is an Australian multinational small appliance manufacturer headquartered in Sydney, Australia. It is one of the largest manufacturers of small electrical appliances in the world, with a presence in over 30 countries. Breville designs, manufactures and markets a range of products under several brand names, including Breville, Kambrook, Ronson, and Philips. Its product range includes coffee machines, kettles, toasters, food processors, blenders, juicers, and irons. The company has a strong presence in the Australian and North American markets, and is expanding its operations in Asia and Europe. De’Longhi SPA is an Italian small appliance manufacturer headquartered in Treviso, Italy. De’Longhi designs, manufactures and markets a range of products under several brand names, including DeLonghi, Kenwood, Braun, and Ariete. Its product range includes coffee machines, kettles, toasters, food processors, blenders, juicers, and irons. The company has a strong presence in the European and North American markets, and is expanding its operations in Asia and South America. Whirlpool Corp is an American multinational appliance manufacturer headquartered in Benton Harbor, Michigan. Whirlpool designs, manufactures and markets a range of products under several brand names, including Whirlpool, KitchenAid, Maytag, and Jenn-Air. Its product range includes refrigerators, freezers, dishwashers, washing machines, dryers, ovens, ranges, cooktops, microwaves, and small appliances. The company has a strong presence in the North American market, and is expanding its operations in Europe and Asia. Traeger Inc is an American appliance manufacturer headquartered in Salt Lake City, Utah. Traeger designs, manufactures and markets a range of products under the Traeger, Green Mountain Grills, and Louisiana Grills brand names. Its product range includes pellet grills, smokers, and barbecue accessories. The company has a strong presence in the North American market, and is expanding its operations in Europe and Asia.
– De’Longhi SPA ($LTS:0E5M)
De’Longhi SPA is an Italian small appliance manufacturer. The company is headquartered in Treviso, Italy. De’Longhi designs, manufactures and distributes a wide range of products including coffee makers, kettles, toasters, food processors, deep fryers, air conditioners and portable heaters. The company has a market cap of 2.63B as of 2022 and a return on equity of 11.34%.
– Whirlpool Corp ($NYSE:WHR)
Whirlpool Corporation is an American multinational manufacturer and marketer of home appliances, headquartered in Benton Charter Township, Michigan, United States. The Fortune 500 company has annual revenue of approximately $21 billion, 92,000 employees, and more than 70 manufacturing and technology research centers around the world. The company markets Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Gladiator GarageWorks, Inglis, Estate, Brastemp, Bauknecht, Ignis, Indesit, and Consul brand names in nearly every country throughout the world.
– Traeger Inc ($NYSE:COOK)
With a market cap of 469.4M as of 2022, Traeger Inc has a negative ROE of 26.37%. The company manufactures and sells grills, smokers, and related products. Founded in 1985, Traeger has over 600 employees and operates in the United States, Canada, Europe, Australia, and Asia.
Summary
Investors should take note of BREVILLE GROUP‘s second quarter ending February 14 2023, which saw total revenue of AUD 78.7 million and net income of AUD 888.0 million, representing a slight increase of 1.3% and 1.1% respectively. Despite this, the stock price dropped on the same day, indicating that the market is not necessarily satisfied with the company’s performance and may be indicating potential signs of a downturn in the future. Investors should take caution when considering BREVILLE GROUP stock and ensure that they are making a well-informed decision when investing.
