CMP Stock Fair Value Calculation – COMPASS MINERALS INTERNATIONAL Reports USD 233.6 Million in Revenue for FY 2023 Q4, 6.3% Decrease from Previous Year
November 28, 2023
🌥️Earnings Overview
At the end of Fiscal Year 2023 Quarter 4 on September 30, COMPASS MINERALS INTERNATIONAL ($NYSE:CMP) reported total revenue of USD 233.6 million, a 6.3% decrease from the same period in the previous year. Net income for the quarter was USD -2.5 million, an improvement from the -6.9 million reported in the same quarter of the prior year.
Analysis – CMP Stock Fair Value Calculation
GoodWhale conducted an analysis of COMPASS MINERALS INTERNATIONAL’s financials and determined that its intrinsic value of the stock is around $24.3, based on our proprietary Valuation Line. Therefore, investors looking to invest should consider whether the current market price represents a good value relative to the intrinsic value of the stock. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CMP. More…
| Total Revenues | Net Income | Net Margin |
| 1.2k | 15.5 | 1.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CMP. More…
| Operations | Investing | Financing |
| 101.1 | -173 | 64 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CMP. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.82k | 1.3k | 13.04 |
Key Ratios Snapshot
Some of the financial key ratios for CMP are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -4.3% | -17.4% | 7.3% |
| FCF Margin | ROE | ROA |
| -4.0% | 10.3% | 3.0% |
Peers
The competition among Compass Minerals International Inc and its competitors is fierce. Ecograf Ltd, Green Battery Minerals Inc, and Lepidico Ltd are all trying to get a piece of the market share. Each company is trying to differentiate themselves from the others in order to gain an advantage. Compass Minerals International Inc has been able to stay ahead of the competition by constantly innovating and expanding its product line.
– Ecograf Ltd ($ASX:EGR)
Eograf Ltd is a publicly traded company with a market capitalization of 168.88 million as of 2022. The company has a return on equity of -7.82%. Eograf Ltd is engaged in the business of providing ecological consulting services. The company’s services include environmental impact assessments, environmental permitting, environmental due diligence, and environmental auditing.
– Green Battery Minerals Inc ($TSXV:GEM)
Battery Minerals Inc is a U.S.-based company engaged in the business of exploring, developing and mining for battery minerals, including graphite. The company’s primary focus is on the development of its Montepuez graphite project in Mozambique.
– Lepidico Ltd ($ASX:LPD)
Lepidico Ltd is a lithium exploration and development company. The company has a market capitalization of 137.48 million as of 2022 and a return on equity of -6.76%. The company’s primary focus is on the development of the L-Max® process, which is a hydrometallurgical process for the production of lithium from lepidolite.
Summary
Compass Minerals International reported total revenue of USD 233.6 million for the fourth quarter of the 2023 fiscal year, representing a 6.3% decrease from the same period a year prior. Despite this revenue decrease, the company reported a net income of -2.5 million, an improvement from the -6.9 million in the same quarter of the prior year. The stock price responded negatively to this news, indicating that investors may be wary of the decreasing revenue. It will be important for investors to keep their eyes on longer terms trends and further quarterly reports from Compass Minerals International in order to make an informed decision about investing in the company.
