CTOS Intrinsic Value – CUSTOM TRUCK ONE SOURCE Reports Third Quarter FY2023 Earnings Results on September 30, 2023
November 30, 2023
🌥️Earnings Overview
On September 30, 2023, CUSTOM TRUCK ONE SOURCE ($NYSE:CTOS) announced an increase in total revenue of 21.4% for the third quarter of FY2023, totaling USD 434.4 million. Net income also saw a substantial rise from -2.4 million in the previous year to USD 9.2 million.
Price History
At the start of the day, the stock opened at $6.0 and closed at $6.1, a 0.8% increase from the previous day’s closing price of $6.1. The company’s strong earnings results were reflected in the stock’s closing price, as the market rewarded CUSTOM TRUCK ONE SOURCE for their positive results.
In addition, CUSTOM TRUCK ONE SOURCE reported a 4% year-over-year growth in net income, leading to a strong financial report for the quarter. Analysts were pleased with CUSTOM TRUCK ONE SOURCE’s strong results, as the company continues to see growth in both sales and profits. Investors also reacted positively to the news, with the stock closing up 0.8% from the previous day’s closing price. CUSTOM TRUCK ONE SOURCE’s strong performance is expected to continue for the remainder of the fiscal year, and beyond. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CTOS. More…
| Total Revenues | Net Income | Net Margin |
| 1.83k | 65.53 | 4.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CTOS. More…
| Operations | Investing | Financing |
| 38.92 | -210.62 | 154.59 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CTOS. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.23k | 2.31k | 3.74 |
Key Ratios Snapshot
Some of the financial key ratios for CTOS are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 83.4% | 89.8% | 10.4% |
| FCF Margin | ROE | ROA |
| -20.1% | 13.0% | 3.7% |
Analysis – CTOS Intrinsic Value
At GoodWhale, we conducted an analysis of CUSTOM TRUCK ONE SOURCE’s wellbeing. According to our proprietary Valuation Line, we calculated that the fair value of CUSTOM TRUCK ONE SOURCE share should be around $10.2. However, presently, the CUSTOM TRUCK ONE SOURCE stock is traded at only $6.1, which is 40.2% undervalued from its fair value. More…
Peers
The company has a strong competitive position in the market, with a wide range of products and services. Custom Truck One Source Inc is a publicly traded company on the New York Stock Exchange under the ticker symbol CUST.
– H&E Equipment Services Inc ($NASDAQ:HEES)
H&E Equipment Services is a leading provider of equipment services and solutions for a wide range of industries, including construction, mining, oil and gas, government, and power generation. The company has a market cap of 1.49B as of 2022 and a return on equity of 35.46%. H&E Equipment Services provides a wide range of services, including equipment rental, sales, and maintenance, to its customers. The company has a strong focus on customer service and provides a wide range of support services to its customers.
– Babylon Pump & Power Ltd ($ASX:BPP)
Babylon Pump & Power Ltd is a market leader in providing pump and power solutions. The company has a strong focus on customer service and providing high quality products. The company has a market capitalization of 12.29M as of 2022 and a return on equity of -43.24%. The company’s products are used in a wide range of industries, including mining, construction, agriculture, and manufacturing.
– Triton International Ltd ($NYSE:TRTN)
Triton International Ltd is a leading provider of containers and related services. The company has a market cap of 3.83B as of 2022 and a return on equity of 15.89%. Triton International Ltd is a publicly traded company listed on the New York Stock Exchange. The company was founded in 2006 and is headquartered in Hamilton, Bermuda. Triton International Ltd is a leading provider of intermodal transportation equipment and services with a focus on container leasing and sales, depot services, container trucking, and related logistics services.
Summary
Investors are likely to be pleased with the latest financial results from CUSTOM TRUCK ONE SOURCE, with total revenues increasing by 21.4% to reach USD 434.4 million. Net income came in at USD 9.2 million, a marked improvement from the losses of -2.4 million the previous year. This upward trend is a positive sign for investors as the company works to further strengthen its financial position and continue to grow in the future.
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