Cepton Inc Stock Fair Value – CEPTON INC Reports Record Revenue Increase of 112.8% in Q3 FY2023
November 20, 2023
☀️Earnings Overview
On November 9 2023, CEPTON INC ($NASDAQ:CPTN) reported their financial results for the third quarter of FY2023, demonstrating a 112.8% year-over-year growth in total revenue, which amounted to USD 3.8 million. Net income was reported to be USD -11.3 million, representing an improvement from the prior year’s -17.4 million.
Analysis – Cepton Inc Stock Fair Value
GoodWhale performed an analysis of CEPTON INC‘s wellbeing and calculated its fair value to be around $90.6 using its proprietary Valuation Line. Currently, CEPTON INC’s stock is being traded at $3.8, which is significantly below the estimated fair value. This represents an undervaluation of 95.8%, which means that CEPTON INC is potentially offering a great opportunity for investors to purchase stocks at a bargain price. Furthermore, GoodWhale’s Valuation Line provides investors with an accurate estimate of the company’s fair market value and can be used as a benchmark to compare the company’s current stock prices with its estimated fair value. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cepton Inc. More…
| Total Revenues | Net Income | Net Margin |
| 9.68 | -55.48 | -569.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cepton Inc. More…
| Operations | Investing | Financing |
| -45.02 | 0.58 | 83.97 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cepton Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 83.3 | 114.93 | -2 |
Key Ratios Snapshot
Some of the financial key ratios for Cepton Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 21.6% | – | -581.2% |
| FCF Margin | ROE | ROA |
| -480.1% | 129.5% | -42.2% |
Peers
The competition in the field of sensing technology has become increasingly fierce with Cepton Inc facing strong competition from leading rivals such as Glory View Technology Co Ltd, iWOW Technology Ltd, and Guotai Epoint Sofware Co Ltd. All of these companies have invested heavily in research and development in order to stay ahead of the competition in the rapidly changing industry. As each company works hard to maintain its competitive edge, the rivalry between them is sure to only increase as they seek to create the most innovative, effective, and efficient solutions for their customers.
– Glory View Technology Co Ltd ($SZSE:301396)
Glory View Technology Co Ltd is a Chinese technology company based in Shenzhen. Founded in 2007, the company specializes in the development of high-performance, low-power internet of things (IoT) and cloud computing products. As of 2023, Glory View Technology Co Ltd has a market cap of 4.1 billion dollars and a return on equity (ROE) of 18.52%. The company’s market cap indicates that it has been performing well in the stock market and investors are confident in its future prospects. Its high ROE suggests that the company is able to generate returns on the money it has invested in its business activities which is a positive sign of the company’s financial health.
– iWOW Technology Ltd ($SGX:NXR)
iWOW Technology Ltd is a leading provider of technology solutions, specializing in enterprise-level software, hardware, and cloud computing solutions. The company has a market capitalization of 65.85 million as of 2023 and a Return on Equity (ROE) of 30.15%. This market cap reflects the company’s solid performance in the technology industry, showing investors that the company is a profitable investment. The company’s high ROE shows that it is able to generate significant returns with its investments and is able to create value for shareholders. iWOW Technology Ltd has shown to be a reliable and valuable technology provider and its market cap and ROE are indicative of that.
– Guotai Epoint Sofware Co Ltd ($SHSE:688232)
Guotai Epoint Software Co Ltd is a leading software company providing a diverse range of products and services to customers around the world. As of 2023, the company has a market cap of 19.71B. This market capitalization suggests that the company is quite successful and is continuously increasing in value. Additionally, the company has a Return on Equity of 7.73%. This figure is also indicative of the company’s success as it signifies that for every dollar of equity in the company, it is able to generate a return of 7.73 cents. This highlights the company’s efficient use of resources and its success in generating profits.
Summary
CEPTON INC reported its third quarter of FY2023 earnings results with total revenue of USD 3.8 million and net income of USD -11.3 million, representing year-over-year growth of 112.8% and a turnaround from the prior year’s loss of -17.4 million respectively. Despite these positive financial performance, the stock price dropped on the day of the earnings announcement. As such, investors should take into account the company’s recent financials and overall future prospects before deciding to invest in CEPTON INC. Furthermore, investors should closely monitor the stock to identify potential buying opportunities as the market digests the latest earnings results.
Related Posts
Recent Posts
