First Advantage Intrinsic Value Calculation – FIRST ADVANTAGE Reports 31% Revenue Increase in Q4 of FY2022, Net Income Remains Unchanged.
March 6, 2023
Earnings report
First Advantage Intrinsic Value Calculation – FIRST ADVANTAGE ($NASDAQ:FA) recently reported their financial results for the fourth quarter of their fiscal year ending December 31, 2022 on February 28, 2023. According to the report, total revenue for the quarter was an impressive USD 20.1 million, a 31.0% increase compared to the same quarter of the previous year. While total revenue experienced a notable growth, net income remained unchanged at USD 212.6 million year over year.
These results demonstrate the company’s improved financial performance over the past year. The significant increase in total revenue is especially encouraging and may indicate that FIRST ADVANTAGE will continue to experience favorable financial performance in the years to come. Despite the unchanged net income figure, the company is in a strong position to expand further and make further investments to enhance their business capabilities.
Share Price
On Tuesday, FIRST ADVANTAGE reported a 31% revenue increase in its fourth quarter of FY2022. This jump in revenue was reflected in their stock prices, as the company opened at $14.3 and closed at $14.5, a 7.4% increase from their prior closing price of $13.5. Despite the impressive revenue growth, FIRST ADVANTAGE’s net income remained unchanged. This demonstrates how their investments into growth and cost-cutting mechanisms had a direct impact on their sales, but wasn’t enough to offset their expenses. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for First Advantage. More…
| Total Revenues | Net Income | Net Margin |
| 810.02 | 64.6 | 8.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for First Advantage. More…
| Operations | Investing | Financing |
| 212.77 | -48.6 | -59.15 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for First Advantage. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.89k | 759.21 | 7.57 |
Key Ratios Snapshot
Some of the financial key ratios for First Advantage are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.9% | 0.8% | 11.6% |
| FCF Margin | ROE | ROA |
| 22.7% | 5.2% | 3.1% |
Analysis – First Advantage Intrinsic Value Calculation
At GoodWhale, we have conducted an analysis of FIRST ADVANTAGE‘s financials and have produced a comprehensive report. According to our proprietary Valuation Line, the intrinsic value of FIRST ADVANTAGE share is estimated to be around $17.5. However, the stock is currently trading at $14.5, making it undervalued by 17.4%. This provides investors with an attractive opportunity to gain exposure to a company that is trading below its intrinsic value. More…
Peers
Its competitors include Zeuus Inc, Anacomp Inc, and Spire Global Inc.
– Zeuus Inc ($OTCPK:ZUUS)
Zeuus Inc is a publicly traded company with a market capitalization of 527.55 million as of 2022. The company has a return on equity of 1191.01%. Zeuus Inc is a provider of online marketing and advertising services. The company offers a range of services including search engine optimization, pay per click management, and social media marketing. Zeuus Inc is headquartered in San Francisco, California.
– Anacomp Inc ($OTCPK:ANMP)
Anacomp Inc is a data management company that provides solutions for storing, managing, and analyzing data. The company has a market cap of 3.74M as of 2022 and a return on equity of 55.96%. Anacomp Inc’s products and services include data storage, data management, data analysis, and data security. The company serves customers in the United States, Canada, and Europe.
– Spire Global Inc ($NYSE:SPIR)
Spire Global is a data and analytics company that uses data from its constellation of 75 nanosatellites to provide insights into global maritime, aviation, and weather patterns. The company has a market cap of 180.46M as of 2022 and a return on equity of -7.96%.
Summary
First Advantage‘s quarterly financials show impressive progress, with total revenue increasing by 31.0% compared to the same quarter of the previous year. Net income remained steady year over year at USD 212.6 million, and the stock price moved up after the announcement. This indicates that investors are finding value in the company and are poised to gain from First Advantage’s continued success. It is clear that First Advantage is a good investment opportunity for those looking for reliable long-term returns.
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