CNHI Intrinsic Value Calculator – CNH INDUSTRIAL N.V Reports Second Quarter Earnings for FY2023 on June 30, 2023
August 28, 2023
🌥️Earnings Overview
CNH INDUSTRIAL N.V ($NYSE:CNHI). reported total revenue of USD 6567.0 million for the second quarter of FY2023, ending on June 30 2023, a 8.0% increase from the same period in the previous year. Net income was also up 28.8% year over year, to USD 706.0 million.
Share Price
On June 30, 2023, CNH INDUSTRIAL N.V reported their second quarter earnings for FY2023. On Friday, the stock opened at $14.8 and closed at $14.4, representing a 6.1% drop from its closing price of 15.3 the day before. This was due largely in part to weaker demand in North America, as well as increased costs associated with the company’s global restructuring efforts. Despite this, the company managed to increase its market share in Europe and North America. Overall, the results showed that CNH INDUSTRIAL N.V is still facing challenges due to the ongoing pandemic, as well as rising costs of raw materials.
However, the company is continuing to focus its efforts on increasing its market share in Europe and North America, which should help bolster their earnings in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CNHI. More…
| Total Revenues | Net Income | Net Margin |
| 24.73k | 2.34k | 9.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CNHI. More…
| Operations | Investing | Financing |
| 875 | -3.26k | 2.73k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CNHI. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 42.69k | 35.06k | 5.68 |
Key Ratios Snapshot
Some of the financial key ratios for CNHI are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -0.5% | 49.9% | 16.0% |
| FCF Margin | ROE | ROA |
| -0.8% | 33.1% | 5.8% |
Analysis – CNHI Intrinsic Value Calculator
GoodWhale has conducted an in-depth analysis of CNH INDUSTRIAL N.V’s fundamentals and has determined its intrinsic value to be around $12.5. This value was calculated using our proprietary Valuation Line, which assesses the company’s financials and market position in order to determine the true worth of the stock. As such, investors should be aware that they are paying a premium for these shares and should consider other options if they are looking to maximize their profits. More…
Peers
Its main competitors are Deere & Co, Caterpillar Inc, AGCO Corp. These companies compete fiercely in the market to gain market share and customers.
– Deere & Co ($NYSE:DE)
Deere & Co is an American industrial company that specializes in the manufacture of agricultural, construction, and forestry machinery, diesel engines, and drivetrains for use in a variety of industries. The company has a market capitalization of 117.32 billion as of 2022 and a return on equity of 25.53%. The company was founded in 1837 and is headquartered in Moline, Illinois. Deere & Co operates through three segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment provides equipment and services for the production of food, fuel, and fiber. The Construction and Forestry segment provides equipment and services for the construction, maintenance, and logging of forests. The Financial Services segment provides financing, insurance, and other services to customers and dealers.
– Caterpillar Inc ($NYSE:CAT)
Caterpillar Inc is a construction and mining equipment company with a market cap of 115.35B as of 2022. It has a Return on Equity of 38.53%. The company manufactures and sells construction and mining equipment, engines, and financial products. It operates through three segments: Construction Industries, Resource Industries, and Energy & Transportation. The Construction Industries segment offers excavators, loader/backhoes, motor graders, wheel loaders, track-type tractors, and asphalt pavers. The Resource Industries segment provides mining trucks, bulldozers, shovels, loaders, and excavators. The Energy & Transportation segment offers engines, turbines, and locomotives.
– AGCO Corp ($NYSE:AGCO)
AGCO Corporation is a global manufacturer and distributor of agricultural equipment and related products. The company has a market cap of $8.72 billion and a return on equity of 16.62%. AGCO Corporation operates in three segments: Agricultural Equipment, Construction Equipment, and Corporate and Other. The Agricultural Equipment segment provides a full line of tractors, combines, hay tools, sprayers, forage equipment, and implements. The Construction Equipment segment offers a full line of compact and utility tractors, backhoe loaders, wheel loaders, and excavators. The Corporate and Other segment includes the company’s financial services business and other miscellaneous operations.
Summary
CNH Industrial N.V. released their second quarter FY2023 earnings report on June 30th 2023 and achieved a year-over-year increase in revenue of 8.0% to USD 6567.0 million and a 28.8% increase in net income to USD 706.0 million. Despite the strong numbers, the stock price declined on the same day. Investors should consider the overall performance of the company and the potential for future growth when making decisions about investing in CNH Industrial N.V. It is important to understand the company’s competitive advantages, financial strength, and ability to meet customer demand in order to make informed decisions about investing in the company.
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