Glatfelter Corporation Intrinsic Stock Value – GLATFELTER CORPORATION Reports FY2022 Q4 Earnings Results for Period Ending December 31 2022

Earnings Overview

On February 21, 2023, GLATFELTER CORPORATION ($NYSE:GLT) reported their Q4 earnings for the period ending December 31, 2022. The total revenue for the quarter was a year-over-year decrease of 230.4%, amounting to USD -34.3 million. However, the net income reported was an increase of 11.8% year over year, totaling USD 373.9 million.

Transcripts Simplified

GLATFELTER CORPORATION reported a GAAP EPS loss of $0.76 for the quarter, primarily due to a goodwill impairment charge and an asset impairment charge related to its OberSchmitten operation. Adjusted EBITDA was $22.3 million compared with guidance of $23-$26 million and included a one-time charge of $3.1 million related to a customer claim. Airlaid Materials and Composite Fibers operating income were both higher by 19% and 8% respectively compared to the fourth quarter of last year, attributable to higher selling prices, raw material pass-through provisions, and energy surcharges.

Spunlace operating income was in line with Q4 2021, but improved sequentially by approximately $3.4 million from Q3 of 2022. Working capital was positive in the fourth quarter largely due to inventory reduction initiatives.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Glatfelter Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Glatfelter Corporation. More…

Balance Sheet Snapshot

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

Key Ratios Snapshot

Some of the financial key ratios for Glatfelter Corporation are shown below. More…

Share Price

GLATFELTER CORPORATION, a global supplier of engineered materials, reported their financial results for the fourth quarter fiscal year 2022 ending December 31 2022 on Tuesday. The stock opened at $4.0 and ended the day trading at $3.6, representing a significant 10.1% decrease from its previous closing price of $4.0. The company attributed their weak financial results to impacts from the COVID-19 pandemic, including the closure of their paper mill located in Fortress, Virginia.

Additionally, GLATFELTER CORPORATION experienced issues with distribution disruptions and supply chain delays in certain regions. Despite the disappointing results, GLATFELTER CORPORATION is optimistic about the future and is currently taking steps to reduce costs and increase efficiency in order to boost their financial performance in the upcoming quarters. Live Quote…

Analysis – Glatfelter Corporation Intrinsic Stock Value

We at GoodWhale recently performed an analysis of GLATFELTER CORPORATION‘s wellbeing, and our proprietary Valuation Line suggested that the intrinsic value of GLATFELTER CORPORATION share is around $17.2. However, currently its stock is traded at $3.6, which means it is undervalued by 79.1%. This presents investors with a great opportunity to invest in the company at a much lower than the suggested intrinsic value. More…

Peers

The global specialty paper market is highly competitive with the presence of several large and small players. The leading players in the market include Glatfelter Corp, West Fraser Timber Co.Ltd, Bontex Inc, and Materion Corp. These companies compete with each other on the basis of product quality, price, innovation, and brand equity.

– West Fraser Timber Co.Ltd ($TSX:WFG)

As of 2022, West Fraser Timber Co. Ltd. has a market capitalization of 9.11 billion and a return on equity of 25.41%. The company is a leading forest products company that produces lumber, wood chips, and other forest products. The company operates in Canada, the United States, and China.

– Bontex Inc ($NYSE:MTRN)

Materion Corporation is a provider of advanced materials used in a variety of industries. The company’s products include metals, alloys, ceramics, and composites. They are used in a variety of applications, including electronics, energy, medical, aerospace, and defense. Materion has a market cap of 1.76B and a ROE of 7.86%. The company’s products are used in a variety of industries, including electronics, energy, medical, aerospace, and defense.

Summary

GLATFELTER CORPORATION reported their FY2022 Q4 earnings results on February 21 2023. Revenue for the quarter was significantly lower than the same quarter last year, dropping by 230.4%. Despite this, their net income increased by 11.8% from the prior year. Investors responded to the announcement by sending shares of GLATFELTER CORPORATION down on the same day. In light of this, investors should carefully consider the long-term potential of the company before investing. Researching the company’s operations, market conditions, and competitive landscape may help investors make informed decisions.

Additionally, other factors such as the company’s debt and cash flow should be considered.