Cepton Inc Stock Intrinsic Value – CEPTON INC Reports Record Earnings Results for FY2023 Q2
August 19, 2023
🌥️Earnings Overview
On August 7 2023, CEPTON INC ($NASDAQ:CPTN) reported their financial results for the second quarter of fiscal year 2023. Their total revenue was USD 2.8 million – a 9.0% increase compared to the same period in the previous year. Unfortunately, their net income for Q2 FY2023 was USD -14.2 million, a significant decrease when compared to the previous year’s figure of USD 0.8 million.
Market Price
On Monday, CEPTON INC reported record fiscal year 2022 Q2 earnings results. The company’s stock opened at $0.9 and closed at $0.8, down 5.0% from the last closing price of 0.8. This marks the first time in the company’s history that it has reported a decrease in stock prices from the previous quarter. The company attributed this to the current market volatility caused by the pandemic. Despite this, CEPTON INC was still able to report strong earnings results for the quarter.
CEPTON INC’s balance sheet remains strong, with positive cash flow and a healthy balance of assets to liabilities. Going forward, CEPTON INC is confident that it can continue to report strong earnings results. The company is focusing on expanding its customer base, introducing new products, and entering into strategic partnerships in order to remain competitive in the market. Live Quote…
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 |
| 7.65 | -61.59 | -1348.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cepton Inc. More…
| Operations | Investing | Financing |
| -46.96 | -11.08 | 85.73 |
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 |
| 94.09 | 116.78 | -0.14 |
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% | – | -770.1% |
| FCF Margin | ROE | ROA |
| -631.6% | 220.1% | -39.2% |
Analysis – Cepton Inc Stock Intrinsic Value
GoodWhale conducted an analysis of CEPTON INC‘s financials and our proprietary Valuation Line determined that the intrinsic value of CEPTON INC’s share is approximately $7.9. Currently, CEPTON INC’s stock is trading at $0.8, meaning it is undervalued by 89.9%. More…
Peers
The competition in the field of sensing technology has become increasingly fierce with Cepton Inc facing strong competition from leading rivals such as Glory View Technology Co Ltd, iWOW Technology Ltd, and Guotai Epoint Sofware Co Ltd. All of these companies have invested heavily in research and development in order to stay ahead of the competition in the rapidly changing industry. As each company works hard to maintain its competitive edge, the rivalry between them is sure to only increase as they seek to create the most innovative, effective, and efficient solutions for their customers.
– Glory View Technology Co Ltd ($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, a tech company that reported their earnings results for FY2023 Q2, showed an increase in total revenue of 9.0% to USD 2.8 million compared to the same quarter of the last year. However, their net income was reported to be USD -14.2 million, compared to last year’s figure of 0.8 million. These results have caused the stock price to decrease significantly since the announcement. Investors should carefully analyze the company’s financial metrics before making investment decisions, as CEPTON INC has shown large losses that may affect future revenue and profitability.
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