Equitable Holdings Intrinsic Stock Value – EQUITABLE HOLDINGS Reports FY2022 Q4 Earnings Results on February 8, 2023.

Earnings Overview

On February 8, 2023, EQUITABLE HOLDINGS ($NYSE:EQH) released its fourth-quarter earnings report for the fiscal year ending December 31, 2022. Revenues for the quarter were -789.0 million USD, a decline of 410.6% compared to the same period in the prior year.

Transcripts Simplified

Non-GAAP operating earnings were $5.08 per share, or $5.55 per share after adjusting for notable items, down 8% in the year. Assets under management at the end of the period were $754 billion, down 17% year-to-date, but up 5% compared to quarter three. We had a strong year with $10 billion in total company inflows with $4.6 billion of inflows in our core retirement business in addition to $900 million in asset management and $4.5 billion in wealth management. We have deployed 70% of our $10 billion capital commitment from our insurance business to see growth in AB’s private markets platform, with meaningful impact coming through higher yields in our general account and supporting the acquisition of CarVal Investors.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Equitable Holdings. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Equitable Holdings. More…

Balance Sheet Snapshot

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

Key Ratios Snapshot

Some of the financial key ratios for Equitable Holdings are shown below. More…

Price History

On Wednesday, February 8th, 2023 EQUITABLE HOLDINGS reported their financial results for the fourth quarter of FY2022. The stock opened at $32.1 and closed at $32.8, a slight increase of 0.9% from the prior closing price of $32.5. EQUITABLE HOLDINGS reported significant revenue growth year-over-year.

EQUITABLE HOLDINGS also reported strong earnings for the full FY2022 year. Going forward, EQUITABLE HOLDINGS is focused on continuing to drive strong growth and financial performance in the years ahead through organic and inorganic growth opportunities, cost efficiencies and strategic investments in new initiatives and technologies. Live Quote…

Analysis – Equitable Holdings Intrinsic Stock Value

At GoodWhale, we have been analyzing the fundamentals of EQUITABLE HOLDINGS for some time now. Using our proprietary Valuation Line, we have calculated that the fair value of its share is around $40.9. However, the current market price is lower than this, at $32.8 per share. This indicates that the stock is undervalued by 19.9%, offering an opportunity for potential investors to buy in at a relatively low price. More…

Peers

Competition between Equitable Holdings Inc and its competitors, Momentum Metropolitan Holdings Ltd, KWI PCL, and iA Financial Corp Inc, is intense. All of these companies strive to offer the best services to their customers in order to remain competitive in the market. Each company has its own unique set of strengths and weaknesses, and they are constantly working to improve their offerings and stay ahead of the competition.

– Momentum Metropolitan Holdings Ltd ($BER:M1A)

Momentum Metropolitan Holdings Ltd is an insurance and financial services company based in South Africa. The company operates in two main segments: Life Insurance and Short-term Insurance. As of 2022, the company has a market cap of 1.41 billion dollars and a Return on Equity of 26.28%. This indicates that the company is doing well financially and has strong financial performance relative to its peers. The company’s strong financial performance is likely due to its focus on providing quality services to its customers and its ability to control costs. Momentum Metropolitan Holdings Ltd is well-positioned to continue its growth in the future.

– KWI PCL ($SET:KWI)

KWI PCL is a Thailand-based company that specializes in the production and sale of energy, petrochemical, and other industrial products. The company has a market capitalization of 5.52 billion USD as of 2022, which is an indication of the size and value of the company. KWI PCL also has a Return on Equity (ROE) of -1.33%, which suggests that the company is not generating a return on the equity that has been invested into it. This could be due to a variety of factors such as poor management decisions or an excessively competitive industry. Despite this, KWI PCL continues to remain a prominent player in the industry and is dedicated to providing its customers with quality products and services.

– iA Financial Corp Inc ($TSX:IAG)

Merrill Lynch & Co. Inc., commonly referred to as Merrill Lynch, is a leading global financial services firm with a market cap of 8.08B as of 2022. The company provides a range of products and services to corporate, institutional, government and individual clients, including investments, wealth management, capital markets, and advisory solutions. Merrill Lynch is renowned for its strong Return on Equity of 9.41%, reflecting the company’s proficient capital deployment and management. The company is well-positioned to capitalize on the growth opportunities in the financial services industry.

Summary

EQUITABLE HOLDINGS recently reported its FY2022 Q4 earnings results as of December 31, 2022. Total revenue for the quarter was -789.0 million USD, a decrease of 410.6% from the same period the year prior and net income decreased by 42.9%. This downturn in performance indicates that investors should be cautious in considering an investment in EQUITABLE HOLDINGS.

While it may have potential, there are significant risks associated with investing in the company as it is facing significant declines in both revenue and profit. Investors should assess the company’s financials and performance closely before making any decisions.