Fluence Energy Stock Fair Value Calculator – FLUENCE ENERGY Reports Third Quarter Earnings Results for FY2023 on June 30th
August 21, 2023
☀️Earnings Overview
FLUENCE ENERGY ($NASDAQ:FLNC) reported total revenue of USD 536.4 million for the third quarter of fiscal year 2023, ending on June 30 2023, representing a 124.4% increase from the same period of the previous year. Net income was USD -23.4 million, a decrease of -4 million compared to the same time the year before.
Share Price
On Wednesday, June 30th, FLUENCE ENERGY reported third quarter earnings results for Fiscal Year 2023. The stock opened at $27.7 and closed at $27.7, up by 0.4% from the previous closing price of 27.6. This marks yet another successful quarter for FLUENCE ENERGY, demonstrating the company’s commitment to financial and operational excellence.
The successful performance of FLUENCE ENERGY for this quarter is a testament to the company’s commitment to delivering excellent products and services. With a strong financial position and reliable operational performance, FLUENCE ENERGY is well-positioned for long-term success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Fluence Energy. More…
| Total Revenues | Net Income | Net Margin |
| 1.99k | -110.04 | -5.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Fluence Energy. More…
| Operations | Investing | Financing |
| -381.93 | -17.9 | 54.18 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Fluence Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.56k | 1.02k | 3.32 |
Key Ratios Snapshot
Some of the financial key ratios for Fluence Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 135.2% | – | -8.2% |
| FCF Margin | ROE | ROA |
| -19.9% | -25.5% | -6.5% |
Analysis – Fluence Energy Stock Fair Value Calculator
At GoodWhale, we have conducted an analysis of FLUENCE ENERGY‘s fundamentals. Our proprietary Valuation Line has calculated the intrinsic value of FLUENCE ENERGY share to be around $22.4. However, currently the stock is being traded at $27.7, meaning that it is overvalued by 23.9%. This presents an opportunity for investors to capitalize on this discrepancy by selling their shares at the current price and/or waiting until the market corrects itself and the stock goes back to its intrinsic value. More…
Peers
Its competitors are Energy Vault Holdings Inc, China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd, and Nevo Energy Inc.
– Energy Vault Holdings Inc ($NYSE:NRGV)
As of 2022, Energy Vault Holdings Inc has a market cap of 496.1M and a Return on Equity of 43.81%. The company is a provider of energy storage solutions. Energy Vault’s technology enables the storage of renewable energy in the form of gravitational potential energy. The company’s storage solutions are designed to provide grid-scale energy storage that is cost-effective, efficient, and scalable.
– China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd ($SZSE:003035)
As of 2022, Southern Power Grid Energy Efficiency & Clean Energy Co Ltd has a market capitalization of 22.27 billion and a return on equity of 9.23%. The company is engaged in the transmission and distribution of electricity in China.
– Nevo Energy Inc ($OTCPK:NEVE)
Nevo Energy Inc is a Canadian oil and gas company with a market capitalization of $746.77 million as of March 2021. The company has a return on equity of 19.78%. Nevo Energy Inc is engaged in the exploration, development, production, and marketing of crude oil and natural gas in Canada.
Summary
FLUENCE ENERGY reported strong financial results for the third quarter of FY2023 with total revenue increasing by 124.4% year-on-year. However, the company reported a net loss of USD -23.4 million compared to a net income of -4 million in the same period last year. Investors should take into account this large drop in profitability when considering investing in FLUENCE ENERGY. Additionally, investors should consider factors such as the company’s competitive landscape, business strategy, financial health, and management team.
