Delek Us Stock Intrinsic Value – DELEK US Reports Q2 FY2023 Financial Results Ending August 7 2023
August 14, 2023
🌥️Earnings Overview
DELEK US ($NYSE:DK) reported their financial results for the second quarter of FY2023, which ended on August 7 2023, on June 30 2023. This quarter saw total revenue drop by 29.9% to USD 4195.6 million, compared to the same period last year. Net income was a loss of USD 8.3 million, compared to the previous year’s gain of 361.8 million.
Price History
On Monday, DELEK US reported its financial results for the second quarter ending August 7 2023. The company’s stock opened at $27.4 and closed at $27.8, up by 0.8% from its previous closing price of 27.5. This marks a positive start to the quarter, especially considering the volatile market conditions.
In addition, DELEK US saw significant growth in its revenue and profitability during the quarter. Looking ahead, DELEK US appears to be on track to reach its projected goals for fiscal 2023. With its strong financial performance so far this year, the company is well positioned to take advantage of any market opportunities that may arise in the coming months. As investors await further updates on the company’s progress, DELEK US remains an attractive option for long-term investors. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Delek Us. More…
| Total Revenues | Net Income | Net Margin |
| 17.92k | -55.3 | -0.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Delek Us. More…
| Operations | Investing | Financing |
| 329.6 | -490.6 | -262 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Delek Us. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.77k | 6.71k | 14.32 |
Key Ratios Snapshot
Some of the financial key ratios for Delek Us are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 31.0% | -2.4% | 1.2% |
| FCF Margin | ROE | ROA |
| 0.6% | 14.2% | 1.8% |
Analysis – Delek Us Stock Intrinsic Value
At GoodWhale, we have conducted an analysis of DELEK US‘s finances and found that the fair value of their share is around $33.7. This fair value is calculated by our proprietary Valuation Line, which weighs various factors such as company management, financial performance, competitive landscape, and industry trends. This presents an opportunity for investors to take advantage of this mispricing by buying into DELEK US shares at a cheaper price. More…
Peers
The company’s competitors are PBF Energy Inc, HF Sinclair Corp, and PBF Logistics LP. Delek US Holdings Inc. has a market share of 9.4%.
– PBF Energy Inc ($NYSE:PBF)
PBF Energy is a leading independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other industrial products in the United States. The company’s market cap is $5.8 billion and its ROE is 52.76%. PBF Energy operates refining facilities in Ohio, New Jersey and Louisiana with a combined capacity of approximately 1.9 million barrels per day. The company also owns and operates two logistics businesses, PBF Logistics LP and PBF Holding Company LLC, which provide crude oil and refined product transportation and storage services.
– HF Sinclair Corp ($NYSE:DINO)
Sinclair Broadcasting Group, Inc. is an American telecommunications company that is owned by the family of company founder Julian Sinclair Smith. The company is the largest television station operator in the United States by number of stations, and largest by total coverage; owning or operating a total of 193 stations across the country. Many of the group’s stations are in the top markets, including Seattle, Pittsburgh, St. Louis and Las Vegas.
– PBF Logistics LP ($NYSE:PBFX)
PBF Logistics LP is a publicly traded master limited partnership that owns, operates, develops, and acquires crude oil, refined petroleum products, and natural gas liquids (NGL) logistics assets. The company has a market cap of 1.38B as of 2022 and a Return on Equity of 40.3%. PBF Logistics is headquartered in Parsippany, New Jersey.
Summary
DELEK US experienced a significant decrease in revenue in the second quarter of FY2023, with a drop of 29.9% compared to the same period last year. Despite this, the company managed to report a net loss of only USD 8.3 million, representing a much better performance than the previous year’s gain of 361.8 million. Investors should take this into account when considering DELEK US for potential investments, as the company’s ability to maintain a relatively low net loss despite decreased revenues is a strong indicator of financial stability.
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