Dxc Technology Stock Intrinsic Value – DXC TECHNOLOGY Reports 7.0% Decrease in Total Revenue for Quarter Ending June 30 2023
August 14, 2023
🌥️Earnings Overview
For the quarter ending June 30 2023, DXC TECHNOLOGY ($NYSE:DXC) reported total revenue of USD 3446.0 million, a 7.0% decrease year-over-year. Net income for this period was USD 36.0 million, significantly lower by 64.7% compared to the same quarter in the prior fiscal year.
Analysis – Dxc Technology Stock Intrinsic Value
GoodWhale recently performed an analysis of DXC TECHNOLOGY‘s wellbeing. Based on our proprietary Valuation Line, the fair value of DXC TECHNOLOGY share is around $24.6. Currently, the stock is being traded at $27.1, a price that is overvalued by 10.0%. This means that although DXC TECHNOLOGY’s stock is currently performing well, it is still being traded at a premium that may not be sustainable in the future. Therefore, investors should be aware of the risks of investing in DXC TECHNOLOGY at this price. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Dxc Technology. More…
| Total Revenues | Net Income | Net Margin |
| 14.17k | -634 | -4.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Dxc Technology. More…
| Operations | Investing | Financing |
| 1.38k | -642 | -1.32k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Dxc Technology. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 15.29k | 11.69k | 16.6 |
Key Ratios Snapshot
Some of the financial key ratios for Dxc Technology are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -9.6% | 9.3% | -4.9% |
| FCF Margin | ROE | ROA |
| 6.4% | -12.5% | -2.9% |
Peers
The company’s competitors include Broadridge Financial Solutions Inc, Ework Group AB, and RTS Technology Holdings Bhd.
– Broadridge Financial Solutions Inc ($NYSE:BR)
As of 2022, Broadridge Financial Solutions Inc has a market cap of 21.78B and a Return on Equity of 25.4%. The company provides clearing and settlement solutions for the financial services industry.
– Ework Group AB ($LTS:0MCB)
Ework Group is a Swedish company that provides staffing and consulting services. The company was founded in 1999 and is headquartered in Stockholm. As of 2022, the company has a market cap of 1.98B and a ROE of 56.2%. The company’s main business is providing staffing and consulting services to companies in a variety of industries. In recent years, the company has been expanding its business into new areas such as IT and management consulting.
– RTS Technology Holdings Bhd ($KLSE:03039)
RTS Technology Holdings Bhd is a technology company that provides solutions for the retail industry. It has a market cap of 20.53M as of 2022 and a return on equity of 15.84%. The company offers a range of products and services, including point-of-sale systems, inventory management, customer relationship management, and e-commerce solutions. It also provides services such as system integration, project management, and training.
Summary
DXC Technology has seen a significant decrease in its financial performance in the quarter ending June 30 2023, with total revenue decreasing by 7.0% and net income decreasing by 64.7% year-over-year. Investors should analyze the factors affecting the decline in revenue and income, such as macroeconomic changes, competitive pressures, and any changes to the company’s strategy. Investors may also want to consider any potential catalysts for improvement in DXC Technology’s performance before investing in the company.
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