Douglas Elliman Intrinsic Value – DOUGLAS ELLIMAN Reports Record Q4 Revenue of -18.4M and Net Income of 207.3M for FY2022

Earnings Overview

For the fourth quarter of FY2022, ending December 31 2022, DOUGLAS ELLIMAN ($NYSE:DOUG) reported on March 10 2023 that their total revenue decreased by 191.2% to USD -18.4 million, and their net income decreased by 38.0% to USD 207.3 million compared to the same period one year prior.

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About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Douglas Elliman. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Douglas Elliman. More…

Balance Sheet Snapshot

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

Key Ratios Snapshot

Some of the financial key ratios for Douglas Elliman are shown below. More…

Stock Price

On Friday, DOUGLAS ELLIMAN reported record Q4 revenue of -18.4M and net income of 207.3M for FY2022, causing the stock to open at $4.0 and close at $3.4, a plunge of 15.6% from its last closing price of $4.0. These figures are indicative of Douglas Elliman’s strong market presence, as it has managed to remain profitable despite challenging economic conditions. This indicates that Douglas Elliman is primed to take on the challenges that the future may bring and remain a leader in the real estate industry. Live Quote…

Analysis – Douglas Elliman Intrinsic Value

At GoodWhale, we have been closely monitoring the financials of DOUGLAS ELLIMAN. Using our proprietary Valuation Line, we have calculated the intrinsic value of DOUGLAS ELLIMAN share to be around $4.8. Currently, DOUGLAS ELLIMAN stock is trading at $3.4, which means that the stock is undervalued by 29.5%. This presents a great opportunity for investors to make a smart investment decision. More…

Peers

The four companies are all real estate service providers. APAC Realty Ltd is a Singapore-based real estate agency. Open House Group Co Ltd is a Hong Kong-based real estate agency. E-House (China) Enterprise Holdings Ltd is a real estate services company based in China.

– APAC Realty Ltd ($SGX:CLN)

The company’s market cap is 198.91M as of 2022 and its ROE is 16.64%. The company is involved in the business of real estate brokerage and development. It is one of the leading real estate companies in Singapore and has a strong presence in the region. The company has a diversified portfolio of properties and is well-positioned to capitalise on opportunities in the market.

– Open House Group Co Ltd ($TSE:3288)

Open House Group Co Ltd, a real estate company, engages in the development, sale, management, and operation of residential and commercial properties in Mainland China, Hong Kong, Macau, and Singapore. The company has a market cap of 645.8B as of 2022 and a Return on Equity of 22.55%. The company operates through the following segments: Property Development, Property Investment, Hotel Operations, and Property Management. The Property Development segment develops residential and commercial properties for sale. The Property Investment segment invests in properties for long-term income generation. The Hotel Operations segment manages and operates hotels. The Property Management segment provides property management services.

Summary

Investors in Douglas Elliman may be concerned with the company’s 4th quarter financial results, as they reported a dramatic drop in both revenue (191.2%) and net income (38.0%) compared to the same period the previous year. This news caused the stock price to drop, giving investors a reason to reassess their investments. While it is unclear what contributed to the sudden decline in profits, it is important for investors to keep a close eye on the company’s future performance.