Donaldson Company Intrinsic Value – DONALDSON COMPANY Reports Record Earnings Results for FY2024 Q1.
December 12, 2023
🌥️Earnings Overview
Donaldson Company ($NYSE:DCI) revealed their financial results for the first quarter of FY2024, which ended on October 31, 2023, on November 29, 2023. The company reported a slight decrease in revenue of USD 846.3 million, a 0.1% drop compared to the same quarter of the previous year. On the other hand, net income grew by 5.6%, amounting to USD 92.1 million.
Price History
On Wednesday, DONALDSON COMPANY stock opened at $59.8 and closed at $60.0, up by 2.1% from previous closing price of 58.8. This is a result of the company’s recent announcement of their financial performance results for the first quarter of 2024. DONALDSON COMPANY reported strong financial performance with impressive earnings and revenue for the quarter. The company’s strong performance was driven by growth in its core businesses, including its digital platform, which produced strong revenue growth in the quarter.
As a result of these positive developments, DONALDSON COMPANY’s stock has been rising steadily in recent days, rising to a new all-time high on Wednesday. Overall, DONALDSON COMPANY has reported record earnings results for FY2024 Q1, and investors are clearly optimistic about the company’s prospects for the future. The stock is well-positioned to continue its upward trend as the company continues to deliver strong performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Donaldson Company. More…
| Total Revenues | Net Income | Net Margin |
| 3.43k | 363.7 | 10.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Donaldson Company. More…
| Operations | Investing | Financing |
| 564.3 | -322.4 | -188.3 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Donaldson Company. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.77k | 1.43k | 10.95 |
Key Ratios Snapshot
Some of the financial key ratios for Donaldson Company are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.4% | 12.8% | 14.4% |
| FCF Margin | ROE | ROA |
| 13.1% | 23.4% | 11.2% |
Analysis – Donaldson Company Intrinsic Value
GoodWhale has conducted an analysis of DONALDSON COMPANY‘s financials and found that the intrinsic value of DONALDSON COMPANY share is around $65.4. This value was calculated by our proprietary Valuation Line, which uses a variety of financial metrics to determine the fair value of a company’s stock. In this instance, DONALDSON COMPANY stock is currently traded at $60.0, indicating a fair price that is 8.2% undervalued. More…
Peers
The competition between Donaldson Co Inc and its competitors is fierce. JE Cleantech Holdings Ltd, Franklin Electric Co Inc, and ItN Nanovation AG are all vying for market share in the highly competitive clean technology industry. Each company has its own unique strengths and weaknesses, and it will be interesting to see how the competition plays out over the next few years.
– JE Cleantech Holdings Ltd ($NASDAQ:JCSE)
JE Cleantech Holdings Ltd is a clean technology company that provides sustainable solutions for the global energy and environmental challenges. The company has a market cap of 13.32M as of 2022 and a Return on Equity of -2.6%. JE Cleantech Holdings Ltd operates in three segments: Clean Technology, Renewable Energy, and Sustainable Development. The company offers products and services in the areas of clean technology, renewable energy, and sustainable development.
– Franklin Electric Co Inc ($NASDAQ:FELE)
Franklin Electric Co Inc is a global leader in the development and manufacturing of systems and components for the movement of water and fuel. The company has a market cap of $3.86 billion and a return on equity of 15.33%. Franklin Electric serves customers in more than 150 countries through a network of subsidiaries and distributors. The company’s products are used in a variety of applications, including residential, commercial, agricultural, industrial, and municipal.
– ItN Nanovation AG ($LTS:0ERG)
Nanovation AG is a German company that manufactures nanomaterials and nanotechnology products. The company has a market cap of 3.75 million euros and a return on equity of -20.89%. Nanovation AG’s products are used in a variety of industries, including automotive, electronics, and medical devices.
Summary
Donaldson Company‘s Q1 FY2024 earnings report indicates a slight decrease in revenue at 0.1% compared to the same period in the prior year, yet net income increased by 5.6%. The positive net income indicates that the company is managing costs and expenses well. Investors should also note that the company’s lower revenue figures could be due to a number of factors such as market conditions or changes in consumer demand. It is recommended that investors conduct further research into the company’s financials and operations to gain a full understanding of the company’s performance and potential.
