Haynes International Stock Fair Value Calculator – HAYNES INTERNATIONAL Reports 11.7% Increase in Total Revenue for FY2023 Q4

☀️Earnings Overview

On November 16th 2023, HAYNES INTERNATIONAL ($NASDAQ:HAYN) reported their fourth quarter earnings results for FY2023 with total revenue of USD 160.6 million, signifying a 11.7% increase in comparison to the same period in the prior year. Nevertheless, net income was reported at USD 13.1 million, representing a 19.6% decrease from the same time the year prior.

Analysis – Haynes International Stock Fair Value Calculator

GoodWhale has analysed the wellbeing of HAYNES INTERNATIONAL and determined its fair value to be around $53.3. This value has been calculated using GoodWhale’s proprietary Valuation Line, which takes into account a range of factors such as the company’s current and projected financial performance, market conditions, and other corporate indicators. Despite this fair value, HAYNES INTERNATIONAL’s stock is currently trading at $49.9 – a price that is undervalued by 6.4%. This indicates that HAYNES INTERNATIONAL stock could provide an attractive investment opportunity in the near future. More…

About the Company

Income Snapshot

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

Cash Flow Snapshot

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

Balance Sheet Snapshot

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

Key Ratios Snapshot

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

Peers

The company’s alloys are used in a variety of industries, including aerospace, chemical processing, and power generation. Haynes International‘s main competitors are Allegheny Technologies Inc, Thermodynetics Inc, HydrogenPro AS.

– Allegheny Technologies Inc ($NYSE:ATI)

Allegheny Technologies Inc is a specialty metals company with a market cap of 3.88B as of 2022. They have a Return on Equity of 13.59%. The company produces and sells a variety of specialty metals and alloys, including stainless steel, titanium, and nickel-based alloys. They serve a wide range of industries, including aerospace, chemical processing, oil and gas, and power generation.

– Thermodynetics Inc ($OTCPK:TDYT)

Thermodynetics Inc is a company that manufactures and sells heat exchangers and related products. The company has a market capitalization of 97.5 million and a return on equity of 831.89%. The company’s products are used in a variety of industries, including automotive, aerospace, and chemical processing. Thermodynetics has a strong market presence and is a leading supplier of heat exchangers in North America. The company’s products are backed by a team of experienced engineers and a quality management system that is ISO 9001:2008 certified.

– HydrogenPro AS ($OTCPK:HYPRF)

Hydrogen Pro AS has a market cap of 186.33M as of 2022. It is a Return on Equity of -9.52%. The company produces hydrogen fuel cells and related technologies. Its products are used in a variety of applications, including transportation, stationary power, and portable power.

Summary

Investing in Haynes International appears to be a mixed bag. On the one hand, total revenue for the fourth quarter of FY2023 grew 11.7% compared to the same period last year, suggesting a healthy business.

However, net income saw a decrease of 19.6%. Taking this into consideration, investors should conduct further research and look at the company’s future prospects before making any decisions. There may be good opportunities available, but it is important to make an informed decision.