Hillman Solutions Intrinsic Value – HILLMAN SOLUTIONS Reports Positive Financial Results for 2nd Quarter of FY2023
August 21, 2023
☀️Earnings Overview
For the second quarter of FY2023, HILLMAN SOLUTIONS ($NASDAQ:HLMN) reported total revenue of USD 380.0 million, a decrease of 3.6% year-on-year. Net income was USD 4.5 million, a decline of 48.5% compared to the same period in the prior year.
Price History
On Tuesday, HILLMAN SOLUTIONS reported positive financial results for the second quarter of fiscal year 2023. Despite the positive financial results, HILLMAN SOLUTIONS’ stock opened at $9.6 and closed at $9.5 on Tuesday, a decrease of 4.5% from its last closing price of 10.0. The drop in the stock price was likely due to investors’ concerns about the company’s outlook for the rest of the year given the current economic conditions. While the company did report strong earnings and revenue numbers for the quarter, investors are likely cautious about HILLMAN SOLUTIONS ability to repeat this performance throughout the remainder of the fiscal year.
Despite the slight dip in stock price, analysts remain positive about the company’s overall prospects for the rest of the year. They have praised HILLMAN SOLUTIONS for its efficient management and innovative products which have allowed them to remain competitive even in difficult times. With the positive financial results from the second quarter, it appears that HILLMAN SOLUTIONS will continue to deliver strong performance and remain profitable for the foreseeable future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hillman Solutions. More…
| Total Revenues | Net Income | Net Margin |
| 1.46k | -27.95 | -1.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hillman Solutions. More…
| Operations | Investing | Financing |
| 219.28 | -78.95 | -117.97 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hillman Solutions. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.47k | 1.31k | 5.95 |
Key Ratios Snapshot
Some of the financial key ratios for Hillman Solutions are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.0% | 73.1% | 1.7% |
| FCF Margin | ROE | ROA |
| 9.7% | 1.4% | 0.6% |
Analysis – Hillman Solutions Intrinsic Value
GoodWhale recently conducted an analysis of HILLMAN SOLUTIONS wellbeing. We estimated the intrinsic value of the HILLMAN SOLUTIONS share to be around $9.9 through our proprietary Valuation Line. However, the stock is currently trading at $9.5, meaning it is currently undervalued by 3.9%. This makes it a fair price to consider when making an investment decision. More…
Peers
Its competitors are Q.E.P. Co Inc, Shinvest Holding Ltd, and StrongPoint ASA.
– Q.E.P. Co Inc ($OTCPK:QEPC)
Q.E.P. Co., Inc. engages in the manufacture and sale of flooring and flooring-related products. The company operates through three segments: Wood, Laminate, and Tools. It offers engineered hardwood, bamboo, cork, and laminate flooring products; ceramic and porcelain tiles; adhesives, grouts, underlayments, tools, and trims for flooring installation and finishing; and products for concrete surface preparation, including concrete saws, grinders, polishers, scarifiers, shot blasters, and floor scrapers. The company sells its products through distributors to specialty retail stores, home centers, hardware stores, and other retailers. Q.E.P. Co., Inc. was founded in 1979 and is based in Boca Raton, Florida.
– Shinvest Holding Ltd ($LTS:0JEZ)
StrongPoint ASA is a technology company that provides retail and logistics solutions. The company has a market cap of 846.68M as of 2022 and a return on equity of 4.23%. StrongPoint ASA’s solutions are used by retailers and logistics providers to increase efficiency, optimize operations and improve the customer experience.
Summary
Investors in Hillman Solutions were likely disappointed with the company’s financial results for the second quarter of FY2023, as total revenue decreased 3.6% compared to the same period last year and net income decreased 48.5%. The stock price reflected this, dropping on the same day. Analysts will want to take a closer look at the company’s financials to determine if Hillman Solutions is a good investment opportunity.
Factors such as sales growth, cash flow, debt levels, operational efficiency, and the overall business plan should all be taken into consideration. Investors should also be aware of the company’s competitive landscape to assess future growth potential.
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