Globe Life Stock Fair Value – GLOBE LIFE Reports Fourth Quarter Earnings Results for FY2022
March 29, 2023
Earnings Overview
On February 1 2023, GLOBE LIFE ($BER:TMJ) reported their earnings results for the fourth quarter of FY2022, which ended on December 31 2022. Total revenue increased by 18.9% compared to the previous year, amounting to USD 211.6 million, while net income rose 2.0%, reaching USD 1322.7 million.
Stock Price
The stock opened at €110.0 and closed at €110.0, unchanged from the previous day’s close. These results demonstrate that GLOBE LIFE is continuing to experience strong growth despite challenging economic conditions resulting from the COVID-19 pandemic. The company is confident that it can continue to capitalize on its current momentum and deliver a solid return to its shareholders in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Globe Life. More…
| Total Revenues | Net Income | Net Margin |
| 5.21k | 739.7 | 14.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Globe Life. More…
| Operations | Investing | Financing |
| 1.42k | -943.01 | -492.45 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Globe Life. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 25.54k | 20.64k | 44.97 |
Key Ratios Snapshot
Some of the financial key ratios for Globe Life are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.8% | – | 19.1% |
| FCF Margin | ROE | ROA |
| 26.7% | 13.5% | 2.4% |
Analysis – Globe Life Stock Fair Value
At GoodWhale, we have conducted an analysis of GLOBE LIFE‘s wellbeing. Our proprietary Valuation Line tells us that the fair value of GLOBE LIFE share is around €95.2. However, GLOBE LIFE stock is currently being traded at €110.0, meaning that it is overvalued by 15.6%. More…
Summary
GLOBE LIFE has seen impressive growth in the fourth quarter of FY2022, with total revenue increasing 18.9% year-on-year to USD 211.6 million and net income seeing a slight increase of 2.0%. For investors, these results are very encouraging and suggest the company is on track for strong growth in the coming years. With good fundamentals and strong financial performance, GLOBE LIFE is an attractive option for long-term investors.
