Cryoport Stock Intrinsic Value – CRYOPORT Reports Lower Revenue for FY2023 Q3 with USD 56.2 Million
November 29, 2023
🌧️Earnings Overview
CRYOPORT ($NASDAQ:CYRX) reported total revenue of USD 56.2 million for the fiscal year 2023 third quarter, a decrease of 7.1% compared to the corresponding quarter of the previous year. Net income for the period was USD -13.3 million, a decrease from the -5.3 million reported in the same quarter of the prior year. The quarter ended on September 30 2023.
Price History
On Wednesday, CRYOPORT reported its financial results for the third quarter of fiscal year 2023, revealing a revenue total of USD 56.2 million. This marked a decrease compared to the same quarter last year. As a result, the company’s stock opened at $10.5 and closed at $10.3, down by 1.1% from its previous closing price of 10.4. Despite losses in some areas, the company remains optimistic about its future growth potential and remains committed to its mission of bringing innovative solutions to the global marketplace.
Going forward, CRYOPORT plans to focus on improving operational efficiency, introducing new products, and developing a strong presence in the international market. The company also plans to invest in research and development to ensure that its products remain competitive in the global market. CRYOPORT will continue to look for ways to increase revenues and expand its market share in order to achieve long-term success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cryoport. More…
| Total Revenues | Net Income | Net Margin |
| 236.35 | -54.63 | -25.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cryoport. More…
| Operations | Investing | Financing |
| 0.41 | 57.93 | -28.98 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cryoport. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1k | 463.13 | 10.98 |
Key Ratios Snapshot
Some of the financial key ratios for Cryoport are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 81.4% | – | -16.0% |
| FCF Margin | ROE | ROA |
| -17.2% | -4.4% | -2.4% |
Analysis – Cryoport Stock Intrinsic Value
At GoodWhale, we believe in data-driven investing. We analyze CRYOPORT’s fundamentals to determine its fair value. Our proprietary Valuation Line shows that the fair value of CRYOPORT share is around $43.8. However, the stock is currently trading at $10.3, meaning that it is undervalued by 76.5%. This provides an opportunity for long-term investors to buy into the stock at a much lower price than its true worth. More…
Peers
In the logistics and transportation industry, there is intense competition among companies to provide the most efficient and cost-effective services. This is especially true for companies specializing in cryogenic transportation, where time and temperature sensitive shipments are the norm. In this arena, CryoPort Inc. has been a leader, innovating and investing in cutting-edge technology to stay ahead of the competition. Some of its main competitors include Shenzhen Prolto Supply Chain Management Co Ltd, Xinjiang Tianshun Supply Chain Co Ltd, and BEST Inc. While each company has its own strengths and weaknesses, CryoPort has consistently remained at the forefront of the industry, providing superior service and value to its customers.
– Shenzhen Prolto Supply Chain Management Co Ltd ($SZSE:002769)
Shenzhen Prolto Supply Chain Management Co Ltd has a market cap of 3.23B as of 2022, and a Return on Equity of 2.47%. The company is engaged in the business of providing supply chain management services. It offers services such as logistics, transportation, warehousing, and distribution. The company has a network of over 1,000 warehouses in China.
– Xinjiang Tianshun Supply Chain Co Ltd ($SZSE:002800)
Xinjiang Tianshun Supply Chain Co Ltd is a Chinese company that operates in the logistics and supply chain management industry. The company has a market capitalization of 2.2 billion US dollars as of 2022 and a return on equity of 6.85 percent. Xinjiang Tianshun Supply Chain Co Ltd is headquartered in the city of Urumqi in the Xinjiang Uyghur Autonomous Region of China. The company was founded in the year 2006.
– BEST Inc ($NYSE:BEST)
BEST Inc. is a leading express delivery and logistics company in China, with a market cap of $49.1 million as of 2022. The company has a return on equity of -60.92%. BEST Inc. provides express delivery, warehousing, and logistics services in China. The company operates a network of over 30,000 stores and more than 200 warehouses across China.
Summary
CRYOPORT reported its fiscal year 2023 third quarter earnings, with total revenue of USD 56.2 million, 7.1% lower year-over-year. Net income was reported at USD -13.3 million, a decrease from -5.3 million in the prior year. Investors should closely monitor CRYOPORT’s future performance to identify any potential turnaround.
Further analysis should focus on the company’s liquidity, profitability, and debt levels, as well as key performance indicators such as sales growth, market share, and operational efficiency. Ultimately, investors should weigh the potential risks and rewards of investing in CRYOPORT at this time.
