CAPL Stock Fair Value Calculator – CROSSAMERICA PARTNERS LP Reports 2Q FY2023 Earnings Results for June 30 2023
August 26, 2023
🌥️Earnings Overview
CROSSAMERICA ($NYSE:CAPL): For the second quarter of FY2023, CrossAmerica Partners LP reported total revenue of USD 1145.4 million, representing a 22.3% decrease compared to the same period the year before. Despite this, net income rose by 4.1% year-on-year to USD 14.5 million for the quarter ending June 30 2023.
Price History
On Tuesday, CROSSAMERICA PARTNERS LP reported their earnings results for the second quarter of FY2023 ending on June 30 2023. The stock opened at $18.9 and closed at the same price, representing a 1.3% decrease from its previous closing price of $19.1. This significant increase in cash flows was driven mainly by better than expected retail fuel sales and improved operating efficiency. The company’s chairman and CEO, Joe Topper, commented on the results: “We are pleased to report a solid quarter in which we increased our net income and cash flows despite difficult market conditions.
Our strategies to improve utilization of our assets and our focus on expanding product offerings are paying off in a big way.” Overall, CROSSAMERICA PARTNERS LP reported a strong second quarter that exceeded forecasts and should provide a platform for continued growth in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CAPL. More…
| Total Revenues | Net Income | Net Margin |
| 4.56k | 55.86 | 1.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CAPL. More…
| Operations | Investing | Financing |
| 153.92 | -38.66 | -114.34 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CAPL. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.22k | 1.19k | 0.75 |
Key Ratios Snapshot
Some of the financial key ratios for CAPL are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 34.8% | 47.9% | 2.3% |
| FCF Margin | ROE | ROA |
| 2.8% | 224.9% | 5.3% |
Analysis – CAPL Stock Fair Value Calculator
At GoodWhale, we have analyzed the fundamentals of CROSSAMERICA PARTNERS LP. Based on our proprietary Valuation Line, we have determined that the intrinsic value of a CROSSAMERICA PARTNERS LP share is approximately $25.8. Currently, the stock is trading at $18.9, indicating that it is undervalued by 26.6%. We believe this presents an opportunity for investors to purchase a stock at a price below its intrinsic value. More…
Peers
The competitive landscape in the energy sector is constantly changing as new players enter the market. CrossAmerica Partners LP is one such company that faces competition from a range of established competitors, such as Guangdong Brandmax Marketing Co Ltd, SpaceandPeople PLC, and Redan SA. Each of these companies has its own unique strategies and offerings, making it an interesting and dynamic market.
– Guangdong Brandmax Marketing Co Ltd ($SZSE:300805)
Guangdong Brandmax Marketing Co Ltd is a leading Chinese marketing and retail company. The company has a market cap of 2.89B as of 2023, which is indicative of its strong financial standing and broad appeal to investors. The company’s Return on Equity (ROE) is -2.59%, which is a measure of how profitable the company is compared to its equity base. This suggests that the company has been slightly unprofitable in recent years, and may need to improve its operational efficiency in order to drive greater returns. The company specializes in providing marketing and retail services to Chinese companies, helping them to better reach their target audiences and customers.
– SpaceandPeople PLC ($LSE:SAL)
SpaceandPeople PLC is a property and marketing services company that operates in the UK and Germany. The company specializes in retail, leisure and marketing services such as pop-up stores and event space. As of 2023, the company has a market cap of 1.47M and a Return on Equity (ROE) of 1.12%. The market cap indicates the total value of the company’s shares and is an important metric for investors to consider when evaluating a company. A higher market cap usually indicates that more investors have confidence in the company. The ROE is a measure of how well the company is generating profits from its shareholders’ investments. A higher ROE indicates that the company is using its resources more efficiently to generate profits.
– Redan SA ($LTS:0LY5)
Redan SA is a Polish-based company that specializes in the production, distribution, and sale of clothing, accessories, and cosmetics. The company has a market capitalization of 6.03M as of 2023 and a Return on Equity of 215.07%. This indicates that the company is generating high returns on its shareholders’ equity. Redan SA has been able to capitalize on the growing demand for its products, which has enabled it to significantly increase its market capitalization and deliver strong returns to its shareholders. The company’s success can largely be attributed to its ability to expand its product range and diversify its business operations to capture new markets.
Summary
CROSSAMERICA PARTNERS LP has reported its second quarter of FY2023 results, with total revenue for the period reaching USD 1145.4 million, a 22.3% decrease year over year. Although revenues were down, net income increased 4.1%, amounting to USD 14.5 million. This could suggest that the company is taking proactive steps to adjust its strategies in response to changing economic conditions.
Analysts will be particularly interested in evaluating the company’s future performance and its ability to maintain profitability in a difficult economic climate. Investors may want to consider these financial results before making any decisions on this stock.
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