Concrete Pumping Intrinsic Value Calculation – CONCRETE PUMPING Reports Record-Breaking USD 8.5 Million Revenue and USD 114.9 Million Net Income for Fourth Quarter of FY2022

Earnings report

Concrete Pumping Intrinsic Value Calculation – Concrete Pumping ($NASDAQ:BBCP) (CP) reported their earnings for the fourth quarter of FY2022, ending on October 31 2022. The total revenue for the quarter was USD 8.5 million, an increase of 148.7% compared to the same quarter of the previous year, setting a record for the company. Net income for the quarter was USD 114.9 million, an increase of 30.9% from the same period of the previous year. Concrete Pumping is a leading provider of industrial concrete pumping services in the United States. It provides high-performance, cost-effective solutions for all types of industrial concrete pumping needs. The company has a wide network of pumps and pumping equipment in its fleet, giving it the capability to handle any concrete job, regardless of size or complexity.

Additionally, CP offers a full range of pumping services, including delivery and setup, on-site supervision, and post-pumping cleanup. The company’s record-breaking fourth quarter results demonstrate its continued ability to meet customer demands and drive growth in the industry. Their strong performance is also attributable to their commitment to innovation, as they have developed new technologies and techniques to make their services more efficient and cost-effective. The company’s dedication and expertise are unparalleled in the industry, and their record-breaking results are a reflection of that commitment. As CONCRETE PUMPING continues to expand its capabilities and customer base, it is well-positioned to continue to drive revenue and earnings growth in the future.

Price History

On Monday, CONCRETE PUMPING reported an impressive fourth quarter of FY2022, with record-breaking USD 8.5 million in revenue and USD 114.9 million in net income. This marks the highest quarter earnings in the company’s history. The results come as CONCRETE PUMPING stock opened at $6.6 and closed at $6.5, up by 0.3% from its prior closing price of 6.5. This marks the highest close for the company in over a year, indicating strong investor confidence in its future prospects. The results were a testament to CONCRETE PUMPING’s ability to leverage its technological expertise to provide innovative solutions for its customers. The company has seen significant growth in both revenue and profits over the past quarter, thanks to its focus on delivering high-quality products and services. The strong financial results have been buoyed by CONCRETE PUMPING’s increased market share, as well as its continued investment in research and development.

The company has been able to capitalize on rising demand for its products, with customers increasingly relying on CONCRETE PUMPING’s expertise in pumping concrete. CONCRETE PUMPING’s success is also due to its commitment to customer service and its ability to provide tailored solutions to meet the specific needs of each client. The company has also been able to capitalize on current industry trends, such as the growing demand for green building materials, to further expand its reach. Overall, CONCRETE PUMPING’s impressive fourth quarter financial results are a testament to its strong management team and their commitment to providing innovative solutions for customers. With this strong performance, CONCRETE PUMPING looks set to continue its growth trajectory and continue to be a leader in the concrete pumping industry. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Concrete Pumping. More…

Cash Flow Snapshot

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Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Concrete Pumping. More…

Key Ratios Snapshot

Some of the financial key ratios for Concrete Pumping are shown below. More…

VI Analysis – Concrete Pumping Intrinsic Value Calculation

Concrete Pumping is an innovative company with a strong potential for long-term growth. To make analysis easier, the company has developed a VI app which reflects its fundamentals. Using this app, our proprietary VI Line has determined that the fair value of the company’s stock is around $7.1. At present, the trading price is $6.5 – this is a fair price, but is currently undervalued by 9.0%. This means that investors have the chance to buy in at a discounted rate and benefit from the long-term potential of the company. Concrete Pumping has a solid track record of success and is well-positioned to continue to deliver strong results. With its unique app and the potential for long-term growth, the company provides an excellent opportunity for investors. The current stock price presents a good opportunity for those looking to invest in a company with a bright future. More…

VI Peers

Concrete Pumping Holdings Inc. is one of the leading companies in the concrete pumping industry. Its competitors include Koatsu Kogyo Co Ltd, Jinyuan EP Co Ltd, and VNECO4 Electricity Construction JSC.

– Koatsu Kogyo Co Ltd ($TSE:1743)

Kogyo Co Ltd is a Japanese company that manufactures and sells automotive parts. The company has a market cap of 2.72B as of 2022 and a Return on Equity of 2.85%. Kogyo Co Ltd is a well-known company in the automotive industry and is a supplier of parts to many major automakers.

– Jinyuan EP Co Ltd ($SZSE:000546)

As of 2022, Jinyuan EP Co Ltd has a market cap of 10.56B and a Return on Equity of -3.57%. Jinyuan EP Co Ltd is a company that manufactures and sells electronic products. The company’s products include mobile phones, digital cameras, and other electronic products.

Summary

CONCRETE PUMPING has reported positive financial results for the fourth quarter of FY2022, with total revenue increasing by 148.7% and net income increasing by 30.9%. This marks an impressive performance for the company, indicating that it is well-positioned to capitalize on the current economic environment. From an investing perspective, CONCRETE PUMPING appears to be a strong investment opportunity, given its robust revenue growth and strong financial performance. The company is well-positioned to capitalize on future industry trends, and its stock could be an attractive option for investors looking for long-term growth.

Additionally, CONCRETE PUMPING has a solid track record of dividend payments and is likely to continue to pay dividends in the future. This makes it an attractive option for investors seeking a steady income stream from their investments. Overall, CONCRETE PUMPING looks like a solid investment opportunity due to its strong financial performance and potential for long-term growth.