CMP Stock Fair Value – COMPASS MINERALS INTERNATIONAL Reports 6.3% Decrease in Total Revenue for 2023 Q4
December 10, 2023
🌥️Earnings Overview
At the end of fiscal year 2023 Q4 (September 30, 2023), COMPASS MINERALS INTERNATIONAL ($NYSE:CMP) reported total revenue of USD 233.6 million, representing a 6.3% decrease compared to the same period in the previous year. Net income for the fourth quarter was USD -2.5 million, showing an improvement from the -6.9 million reported in the year prior.
Analysis – CMP Stock Fair Value
GoodWhale has conducted an analysis of COMPASS MINERALS INTERNATIONAL’s fundamentals and has concluded that the intrinsic value of its stock is approximately $24.2. This value has been calculated using our proprietary Valuation Line. Currently, the stock is traded at $24.7, which is slightly overvalued by 2.0%. GoodWhale believes that this stock is fairly priced and would make an attractive investment. However, investors should conduct their own research and consider any potential risks before making an investment decision. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CMP. More…
| Total Revenues | Net Income | Net Margin |
| 1.2k | 15.5 | 1.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CMP. More…
| Operations | Investing | Financing |
| 101.1 | -173 | 64 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CMP. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.82k | 1.3k | 13.04 |
Key Ratios Snapshot
Some of the financial key ratios for CMP are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -4.3% | -17.4% | 7.3% |
| FCF Margin | ROE | ROA |
| -4.0% | 10.3% | 3.0% |
Peers
The competition among Compass Minerals International Inc and its competitors is fierce. Ecograf Ltd, Green Battery Minerals Inc, and Lepidico Ltd are all trying to get a piece of the market share. Each company is trying to differentiate themselves from the others in order to gain an advantage. Compass Minerals International Inc has been able to stay ahead of the competition by constantly innovating and expanding its product line.
– Ecograf Ltd ($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
Investors in Compass Minerals International should take note of its decreased revenue for the fourth quarter of 2023. Despite a 6.3% drop from the same period last year, the company reported a decrease in its net loss from -6.9 million to -2.5 million. The stock price was impacted negatively after the financial results were released, signaling that investors are not confident in the company’s financial outlook. Investors should carefully weigh the potential risks and rewards of investing in Compass Minerals International before making a decision.
