Chargepoint Holdings Stock Fair Value Calculator – CHARGEPOINT HOLDINGS Reports Q2 FY2024 Earnings Results for September 6 2023
September 13, 2023
🌥️Earnings Overview
CHARGEPOINT HOLDINGS ($NYSE:CHPT) announced their earnings results for the second quarter of FY2024 on July 31 2023. Revenue for the quarter ending September 6 2023 was USD 150.5 million, an increase of 39.0% compared to the same period last year. Net income was -125.3 million, compared to -92.7 million in the previous year.
Market Price
CHARGEPOINT HOLDINGS reported its Q2 FY 2024 earnings results for Wednesday, September 6th, 2023. The stock opened at $7.2 and closed at $7.1, down by 2.8% from the previous closing price of $7.3, signaling a strong quarter of performance for the company. The market reacted positively to the results of CHARGEPOINT HOLDINGS’ report, with analysts praising their progress across the board. Overall, analysts were positive about CHARGEPOINT HOLDINGS’ performance and stock price.
Despite the decline in stock price on September 6th, many experts believe it will recover soon and increase over time as the company continues to grow and expand its operations. Analysts are confident that the company will continue to show strong financial results, and the market is likely to continue to react positively to their performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Chargepoint Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 558.69 | -367.79 | -65.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Chargepoint Holdings. More…
| Operations | Investing | Financing |
| -323.98 | 265.43 | 133.28 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Chargepoint Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.07k | 793.17 | 0.78 |
Key Ratios Snapshot
Some of the financial key ratios for Chargepoint Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 48.0% | – | -63.7% |
| FCF Margin | ROE | ROA |
| -61.5% | -73.8% | -20.8% |
Analysis – Chargepoint Holdings Stock Fair Value Calculator
At GoodWhale, we have conducted a fundamental analysis of CHARGEPOINT HOLDINGS and are pleased to share our findings. Our proprietary Valuation Line has calculated the intrinsic value of CHARGEPOINT HOLDINGS’ share to be around $40.0. Currently, CHARGEPOINT HOLDINGS stock is traded at $7.1, which is significantly lower than its intrinsic value and represents a significant 82.2% undervaluation. We believe that this presents a great opportunity for investors to capitalize on the potential upside of this stock. More…
Peers
ChargePoint Holdings Inc is an electric vehicle charging station company. Its competitors are Fastned BV, Lands’ End Inc, and Volta Inc.
– Fastned BV ($BER:FSF)
Fastned BV is a Dutch company that provides fast-charging services for electric vehicles. As of 2022, the company has a market cap of 582.76M and a return on equity of -7.95%. The company operates a network of fast-charging stations across the Netherlands and Belgium, and plans to expand its operations to other European countries.
– Lands’ End Inc ($NASDAQ:LE)
Lands’ End is a publicly traded company with a market capitalization of $265.66 million as of 2022. The company’s return on equity is 7.35%. Lands’ End is a retailer that specializes in casual clothing, luggage, and home furnishings. The company offers products through its catalogs, online store, and retail locations.
– Volta Inc ($NYSE:VLTA)
Volta Inc is a publicly traded company with a market capitalization of $85.58 million as of 2022. The company has a negative return on equity of 82.46%. Volta Inc is engaged in the design, manufacture, and marketing of batteries, battery chargers, and related products.
Summary
Chargepoint Holdings reported solid revenue growth of 39.0% for the second quarter of FY2024, ending September 6 2023. Despite this revenue growth, the company reported a net loss of -125.3 million. This is an increase from the net loss of -92.7 million seen in the same quarter of the previous year.
Investors should consider this balance sheet carefully and factor in any potential risks when looking to invest in the company. CHARGEPOINT HOLDINGS has potential for future growth, but it is important to conduct further analysis to determine whether the company is poised for success over the long-term.
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