FND Intrinsic Value Calculation – FLOOR & DECOR Reports Q4 Earnings for FY2022 with 38.8% Revenue Increase and 14.6% Net Income Increase.
March 3, 2023
Earnings report
FND Intrinsic Value Calculation – FLOOR & DECOR ($NYSE:FND) recently reported their Q4 earnings results for FY2022 on December 31, 2022. Looking at the numbers, FLOOR & DECOR saw an impressive 38.8% increase in total revenue compared to the same quarter of the previous year, bringing total revenue to USD 69.2 million. Net income also increased by 14.6%, reaching USD 1048.1 million. This is a remarkable result, considering the difficult economic climate that has been seen in the past year.
These results are indicative of FLOOR & DECOR’s ability to continuously adapt and innovate in order to sustain both their products and services. The company has demonstrated a clear commitment to growth and continued success, making them a leader in the home improvement and decor space. The success of FLOOR & DECOR’s Q4 earnings is certain to continue into FY2023, especially now that the company has a clear foundation to build upon.
Share Price
FLOOR & DECOR reported its financial performance for the fourth quarter of fiscal year 2022 on Thursday, with a 38.8% increase in revenue and a 14.6% increase in net income compared to the same period a year ago. The company’s stock opened at $89.3 on Thursday and closed at $90.8, up by 1.9% from its last closing price of $89.1. It was a strong quarter for FLOOR & DECOR as demand for home improvement products surged throughout the year. The company noted that it benefited from an increase in remodeling projects and housing market strength, as well as an increase in customer traffic in its stores and online.
Additionally, the company saw success with its product launches and initiatives throughout the quarter, leading to increased sales and revenue growth. Overall, FLOOR & DECOR achieved strong growth in revenue and income, positioning the company for a strong future outlook in fiscal year 2023. Looking ahead, the company expects to remain focused on expanding its store footprint and driving operational efficiencies, while also investing in technology, product innovation, and customer experience. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for FND. More…
| Total Revenues | Net Income | Net Margin |
| 4.26k | 298.19 | 7.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for FND. More…
| Operations | Investing | Financing |
| 112.45 | -455.64 | 213.54 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for FND. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.35k | 2.69k | 15.61 |
Key Ratios Snapshot
Some of the financial key ratios for FND are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 27.7% | 35.6% | 9.3% |
| FCF Margin | ROE | ROA |
| -8.1% | 15.3% | 5.7% |
Analysis – FND Intrinsic Value Calculation
GoodWhale has conducted an in-depth analysis of FLOOR & DECOR’s fundamentals, to determine its fair value. Through our proprietary Valuation Line, we have determined that the fair value of a share in FLOOR & DECOR is $117.3. This represents a great opportunity for investors to buy in at a bargain price. More…
Peers
Floor & Decor Holdings Inc. is one of the leading flooring retailers in the United States. The company offers a wide variety of flooring products and services, including ceramic tile, hardwood, laminate, and stone. Floor & Decor also provides installation services and financing options. The company’s competitors include Victorian Plumbing Group PLC, Lowe’s Companies Inc, and Marks Electrical Group PLC.
– Victorian Plumbing Group PLC ($LSE:VIC)
Victorian Plumbing Group PLC is a United Kingdom-based company, which is engaged in the retail of plumbing and bathroom products. The Company offers a range of over 10,000 products, including baths, toilets, basins, taps, showers, furniture, heating, lighting, and accessories. It offers its products through its website and showroom. The Company operates through two segments: United Kingdom and Europe.
– Lowe’s Companies Inc ($NYSE:LOW)
Lowe’s Companies Inc. is a publicly traded company with a market capitalization of 111.61 billion as of March 2022. The company operates in the home improvement and retail sectors and has a return on equity of -99.39%. Lowe’s Companies Inc. was founded in 1946 and is headquartered in Mooresville, North Carolina. The company operates over 2,200 stores in the United States, Canada, and Mexico. Lowe’s Companies Inc. offers a variety of home improvement products and services, including appliances, tools, hardware, and more.
– Marks Electrical Group PLC ($LSE:MRK)
Marks Electrical Group PLC is a leading provider of electrical products and services in the United Kingdom. The company has a market capitalization of 71.37 million as of 2022 and a return on equity of 27.33%. Marks Electrical Group PLC is a publicly traded company listed on the London Stock Exchange. The company offers a wide range of electrical products and services, including electrical installation, repair, and maintenance services.
Summary
Floor & Decor is a home improvement retailer that has had success in their latest Quarter. Total revenue came in at USD 69.2 million, an increase of 38.8% from the same quarter a year prior, and their reported net income was USD 1048.1 million – a 14.6% increase from the previous year.
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