Fair Isaac Stock Fair Value Calculation – FAIR ISAAC Reports FY2023 Q3 Earnings Results as of June 30 2023 on August 2
August 8, 2023
☀️Earnings Overview
On August 2, 2023, Fair Isaac ($NYSE:FICO) reported its earnings results for the third quarter of fiscal year 2023, ending June 30, 2023. Total revenue amounted to USD 398.7 million, showing a 14.2% increase compared to the same period of the prior year. Net income increased by 37.7% to USD 128.8 million on a year-over-year basis.
Market Price
On Wednesday, August 2, FAIR ISAAC reported its earnings results for the third quarter of fiscal year 2023, ending June 30, 2023. The stock opened at $821.2 and closed at $822.2, down 0.9% from the previous closing price of $829.7. This marked a decline in the company’s stock price following the release of their financial results. FAIR ISAAC’s financial performance was a mixed bag, with some areas of strength and some areas of weakness.
Despite these figures, the outlook for FAIR ISAAC remains bright. With investments in new technology and products, the company remains well-positioned to capitalize on opportunities in the market and maximize shareholder value while continuing to build on its impressive track record of success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Fair Isaac. More…
| Total Revenues | Net Income | Net Margin |
| 1.47k | 418.65 | 28.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Fair Isaac. More…
| Operations | Investing | Financing |
| 449.69 | -14.22 | -428.14 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Fair Isaac. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.58k | 2.29k | -28.28 |
Key Ratios Snapshot
Some of the financial key ratios for Fair Isaac are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.3% | 29.0% | 42.0% |
| FCF Margin | ROE | ROA |
| 30.3% | -52.4% | 24.4% |
Analysis – Fair Isaac Stock Fair Value Calculation
At GoodWhale, we have conducted an analysis of FAIR ISAAC‘s wellbeing and have found its fair value to be around $592.7. This figure was calculated using our proprietary Valuation Line. Currently, FAIR ISAAC’s stock is being traded at $822.2, which is a 38.7% overvaluation compared to its true worth. We recommend investors look into this discrepancy further to make informed decisions about their investments. More…
Peers
The company’s competitors include WingArc1st Inc, Kingdee International Software Group Co Ltd, and Advantego Corp.
– WingArc1st Inc ($TSE:4432)
Founded in 1923, Arc1st Inc is a publicly traded company that provides engineering and construction services to the energy and power industry. It has a market capitalization of $77.9 billion and a return on equity of 13.29%. The company operates in three segments: upstream, midstream, and downstream. Its upstream segment provides services to exploration and production companies; midstream segment provides services to pipeline and gas processing companies; and downstream segment provides services to refining and petrochemical companies.
– Kingdee International Software Group Co Ltd ($SEHK:00268)
Kingdee International Software Group Co Ltd is a global provider of enterprise software solutions. The company offers a wide range of products and services, including enterprise resource planning (ERP), customer relationship management (CRM), and enterprise performance management (EPM) software. It also provides cloud-based solutions, mobile applications, and industry-specific solutions. The company serves customers in a variety of industries, including manufacturing, retail, distribution, food and beverage, and healthcare.
– Advantego Corp ($OTCPK:ADGO)
Advantego Corp is a publicly traded company with a market capitalization of 1.64 million as of 2022. The company has a return on equity of 12.17%. Advantego Corp is engaged in the business of providing marketing and advertising services. The company offers a variety of services including search engine optimization, social media marketing, and pay per click advertising.
Summary
Investors should be pleased with Fair Isaac’s financial performance in the third quarter of FY2023, as the company achieved significant growth in revenue and profits. Total revenue for the quarter was USD 398.7 million, an increase of 14.2% compared to the same period last year. Net income was USD 128.8 million, a 37.7% year-over-year growth.
This robust performance highlights the continuing strength of Fair Isaac’s core business and its ability to generate strong returns for its shareholders. Moving forward, investors should continue to keep an eye on Fair Isaac’s financials to ensure that they remain on the right track.
