Greif Intrinsic Stock Value – GREIF Reports 21.5% Decrease in Revenue for Q2 of FY2023

🌥️Earnings Overview

On April 30 2023, GREIF ($NYSE:GEF) reported their second quarter FY2023 earnings results, showing total revenue of USD 1308.9 million, a decrease of 21.5% from the same quarter in FY2022. Net income for the quarter was USD 111.2 million, which was 11.1% lower than the same quarter last year.

Analysis – Greif Intrinsic Stock Value

GoodWhale conducted an in-depth analysis of GREIF‘s wellbeing and have calculated the fair value of the company’s shares to be around $61.6 using our proprietary Valuation Line model. This model takes into account factors such as the company’s financial performance, the level of competition in their industry, and more. Despite the fair value being around $61.6, GREIF stocks are currently traded at $70.0, a fair price which is overvalued by 13.6%. More…

About the Company

Income Snapshot

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

Cash Flow Snapshot

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

Balance Sheet Snapshot

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

Key Ratios Snapshot

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

Peers

In the global market for industrial packaging, there are a few major players. Among them, Greif Inc. competes with Shanghai Xintonglian Packing Co Ltd, SCG Packaging PCL, and Southern Packaging Group Ltd. While each company has its own strengths, Greif Inc. has been able to maintain a leading position in the market.

– Shanghai Xintonglian Packing Co Ltd ($SHSE:603022)

Shanghai Xintonglian Packing Co Ltd is a leading manufacturer of packaging products in China. The company has a market cap of 1.85B as of 2022 and a ROE of 2.72%. The company’s products are used in a wide range of industries, including food, beverage, pharmaceutical, cosmetics, and industrial packaging.

– SCG Packaging PCL ($SET:SCGP)

SCG Packaging PLC is a leading provider of packaging solutions with a market cap of 226.46B as of 2022. The company has a strong focus on innovation and sustainability, and offers a wide range of packaging products and services to meet the needs of its customers. SCG Packaging PLC has a strong commitment to environmental responsibility and is committed to reducing the impact of its operations on the environment. The company has a return on equity of 7.4%.

– Southern Packaging Group Ltd ($SGX:BQP)

Southern Packaging Group Ltd is a packaging company that manufactures and supplies paperboard packaging products. The company has a market cap of 28.13M as of 2022 and a Return on Equity of 1.31%. Southern Packaging Group Ltd operates in two segments: Paperboard Packaging and Flexible Packaging. The Paperboard Packaging segment manufactures and sells paperboard packaging products, including corrugated containers, folding cartons, and solid fiber boxes. The Flexible Packaging segment manufactures and sells flexible packaging products, such as laminated films, laminates, and pouches.

Summary

Investors should take note of GREIF‘s second quarter earnings for FY2023, as the company reported total revenue of USD 1308.9 million, a decrease of 21.5% from the same quarter last year. Net income for the quarter came in at USD 111.2 million, a drop of 11.1%. Despite the lower financials, the company’s stock price increased the same day, suggesting that investors remain confident in GREIF’s ability to generate profits in the future. Investors should remain aware of any future updates or changes to GREIF’s earnings and financials as this could impact their investing strategy.