Graco Inc Intrinsic Stock Value – GRACO INC Reports 2.0% Revenue Increase, Total Earnings of USD 559.6 Million for Q2 FY2023
August 24, 2023
☀️Earnings Overview
For the second quarter of FY2023, Graco Inc ($NYSE:GGG) reported total revenue of USD 559.6 million, a 2.0% increase from the same period in the previous fiscal year. Net income rose 14.4%, to USD 134.3 million, year-over-year.
Analysis – Graco Inc Intrinsic Stock Value
GoodWhale has conducted an analysis of GRACO INC‘s wellbeing and determined its intrinsic value of share to be around $78.6. This calculation was done by use of our proprietary Valuation Line, which incorporates the company’s historical financial data, such as profits, revenues, assets, and liabilities, to determine its financial health. Currently, GRACO INC stock is traded at $86.8, a fair price that is slightly overvalued by 10.5%. This indicates that GRACO INC may not be a particularly good investment opportunity for those looking for a quick return on their money. However, it may be a suitable option for those seeking a long-term investment due to its strong financial standing and potential for growth. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Graco Inc. More…
| Total Revenues | Net Income | Net Margin |
| 2.19k | 505.86 | 23.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Graco Inc. More…
| Operations | Investing | Financing |
| 524.73 | -205.44 | -212.05 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Graco Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.71k | 591.42 | 12.57 |
Key Ratios Snapshot
Some of the financial key ratios for Graco Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.1% | 17.3% | 28.3% |
| FCF Margin | ROE | ROA |
| 14.6% | 18.9% | 14.3% |
Peers
The company’s products include pumps, valves, proportioners, injectors, and DispenseMate systems. Graco’s competitors include Nordson Corp, Manitou BF SA, and Crane Co.
– Nordson Corp ($NASDAQ:NDSN)
Nordson Corp is a market leader in providing technology-based solutions for industrial and consumer markets worldwide. The company has a market cap of 12.1B as of 2022 and a Return on Equity of 18.05%. Nordson provides a broad range of products and solutions for adhesives, coatings, sealants, and other materials processing applications. The company’s products are used in a variety of industries, including automotive, aerospace, electronics, medical devices, and consumer goods. Nordson has a strong global presence, with over 60 manufacturing facilities and sales and service offices in more than 30 countries.
– Manitou BF SA ($LTS:0NDA)
Manitou BF SA is a French company that manufactures and markets construction equipment. The company has a market cap of 769.05M as of 2022 and a Return on Equity of 7.65%. Manitou BF SA’s products include excavators, loaders, and backhoes. The company sells its products through a network of dealers and distributors in Europe, North America, South America, Asia, and Africa.
– Crane Co ($NYSE:CR)
Crane Co. is a global manufacturer of engineered industrial products. The Company operates in four segments: Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics and Engineered Materials. Fluid Handling segment designs, manufactures and markets a broad range of engineered industrial products. Payment & Merchandising Technologies segment provides technology solutions for the self-service retail market. Aerospace & Electronics segment provides critical components and systems for the aerospace and defense industries, and Engineered Materials segment provides highly engineered products for energy markets and other industrial applications. Crane Co. was founded in 1855 and is headquartered in Stamford, Connecticut.
Summary
GRACO INC reported strong earnings results for the second quarter of FY2023, with total revenue of USD 559.6 million, up 2.0% year-over-year, and net income of USD 134.3 million, a 14.4% increase from the same period last year. This is a positive sign for investors, indicating that the company is performing well and continuing to grow. It is also an indication of a healthy economy and increased consumer demand for GRACO’s products. Going forward, investors may be encouraged to take a closer look at GRACO INC to assess the potential for further growth and profits.
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