Globe Life Stock Intrinsic Value – GLOBE LIFE Reports 18.9% YOY Revenue Increase and 2.0% Net Income Growth in FY2022 Q4
February 15, 2023
Earnings report
Globe Life Stock Intrinsic Value – On February 1st 2023 they reported their earnings results for the fourth quarter of FY2022, which ended December 31st 2022. The company reported total revenue of USD 211.6 million, which was an 18.9% year-over-year increase.
Additionally, net income was USD 1322.7 million, representing a 2.0% increase compared to the same period a year prior. This was driven by strong growth in premiums and sales of life, health, and annuity products. The company’s financial performance was further strengthened by reducing its balance sheet debt and solid growth in cash reserves. Overall, GLOBE LIFE ($BER:TMJ)’s fourth quarter results showed solid growth across all major business segments and markets. The company is pleased with its performance and optimistic about the future prospects for continued growth. With strong capitalization and significant resources available, GLOBE LIFE is well positioned to capitalize on growth opportunities in the life and health insurance markets.
Stock Price
On Wednesday, GLOBE LIFE reported an 18.9% year-over-year (YOY) increase in revenue and 2.0% growth in net income for the fourth quarter of FY2022. This quarter’s results reflect the successful integration of new acquisitions and the continued expansion of GLOBE LIFE’s global presence. GLOBE LIFE’s stock opened at €110.0 on Wednesday and closed at the same price, reflecting investor confidence in the company’s financial performance.
GLOBE LIFE’s strong performance this quarter is encouraging and suggests that the company is well-positioned to continue its growth trajectory in the coming quarters. The overall financial health of the company appears to be strong, and investors should keep an eye on GLOBE LIFE for further updates on its performance and future plans. 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 |
| 1.43k | -913.37 | -523.6 |
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 |
| 24.84k | 20.48k | 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 |
| 26.9% | 14.3% | 2.5% |
Analysis – Globe Life Stock Intrinsic Value
GoodWhale has conducted an analysis of GLOBE LIFE‘s financials and our proprietary Valuation Line has determined that the fair value of GLOBE LIFE share is around €95.2. This means that the current trade price of €110.0 for GLOBE LIFE stock is overvalued by 15.6%. It is important to note that this analysis does not take into account any external factors that may influence the value of the stock, such as current economic climate, market conditions, or any other variable that may affect the stock price. The Valuation Line is based on GoodWhale’s advanced financial modelling techniques and takes into account a variety of different factors, such as the company’s financial performance, competitive positioning, and potential growth prospects. It provides investors with an accurate assessment of GLOBE LIFE’s true worth and assists them in making informed investing decisions. Overall, GoodWhale’s analysis suggests that GLOBE LIFE stock is currently overvalued by 15.6%. However, investors should remember to consider all factors before making a decision to invest in the company. Additionally, they should also keep in mind that this analysis does not take into consideration any external factors that may have an effect on the stock price. More…
Summary
Investors looking at Globe Life may find the company’s financials favorable. The company reported a year-over-year increase in total revenue of 18.9% and net income of 2.0% for its fourth quarter of FY2022. This indicates that the company is growing and may be an attractive investment opportunity.
Furthermore, Globe Life has a strong balance sheet and a solid cash position, which could make it more resistant to external economic pressures. Given these positive indicators, investors may want to consider adding Globe Life to their portfolios.
