House Do Intrinsic Value – HOUSE DO Reports 26.9% Increase in Total Revenue and 41.0% Increase in Net Income for FY2023 Q2.
March 9, 2023
Earnings Overview
HOUSE DO ($TSE:3457) reported total revenue of JPY 958.0 million for the second quarter of FY2023, representing a year-over-year increase of 26.9%. Additionally, net income for the same period was JPY 15824.0 million, a 41.0% increase compared to Q2 of the previous fiscal year, ending December 31 2022.
Price History
On Tuesday, HOUSE DO stock opened at JP¥858.0 and closed at JP¥862.0, up by 1.5% from previous closing price of 849.0. This increase was due to the company’s announcement of their financial performance for the second quarter of FY2023. According to the report, HOUSE DO saw a 26.9% increase in total revenue and a 41.0% increase in net income for the quarter. The increase in total revenue was due to strong sales of HOME DO’s products and services as well as increased investment in research and development initiatives.
Similarly, increased efficiency in production, marketing and operations led to the increase in net income. The positive results of the second quarter of FY2023 reflect the company’s successful execution of its business plan. Looking forward, HOUSE DO is confident that it can continue to grow its revenue and profits in the coming quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for House Do. More…
| Total Revenues | Net Income | Net Margin |
| 44.54k | 1.92k | 3.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for House Do. More…
| Operations | Investing | Financing |
| -2.84k | -11.71k | 7.35k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for House Do. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 68.49k | 54.18k | 682.27 |
Key Ratios Snapshot
Some of the financial key ratios for House Do are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.1% | 2.9% | 7.7% |
| FCF Margin | ROE | ROA |
| -30.8% | 15.5% | 3.1% |
Analysis – House Do Intrinsic Value
At GoodWhale, we have conducted an analysis of the fundamentals of HOUSE DO. We have determined that the intrinsic value of a HOUSE DO share is around JP¥1104.0, as calculated by our proprietary Valuation Line. At the current stock price of JP¥862.0, we see that HOUSE DO shares are undervalued by 21.9%. Therefore, we believe that investors should conduct further research into HOUSE DO before making an investing decision. More…
Peers
Do Holdings Co Ltd is a multinational company that has been in the industry for over 20 years. It specializes in producing and selling various types of products and services in the global market. Within the industry, Do Holdings Co Ltd is a major player, competing with other well-known companies such as Land Business Co Ltd, Eslead Corp, and Cosmos Initia Co Ltd. Despite the competitive environment, Do Holdings Co Ltd has managed to stay ahead of the competition and remain a strong leader in the industry.
– Land Business Co Ltd ($TSE:8944)
Land Business Co Ltd is a real estate development and management company located in China. With a market capitalization of 4.62 billion dollars as of 2023, the company is one of the most prominent real estate development and management companies in the country. Additionally, the company has been performing well financially, with an impressive Return on Equity of 1.74%. This indicates that the company is taking effective steps in generating returns on their equity investments and is well-positioned for future growth and success.
– Eslead Corp ($TSE:8877)
Eslead Corporation is a global technology company that provides integrated enterprise solutions, software and services. Their market cap of 34.53B as of 2023 indicates their financial stability and performance in the market. This level of market capitalization reflects their growth over the years and their increasing adoption in the industry. With a Return on Equity of 14.35%, the company has been able to generate substantial returns for its shareholders. Eslead Corporation’s focus on innovation and customer satisfaction has enabled them to become a leader in their space.
– Cosmos Initia Co Ltd ($TSE:8844)
Cosmos Initia Co Ltd is a technology and software development company based in Hong Kong. It is one of the largest technology companies in the Asia-Pacific region, with a market cap of 17.61 billion as of 2023. Its Return on Equity (ROE) stands at 4.01%, which is higher than the industry average and indicates that the company is generating a good return on its shareholding assets. The company’s strong financial performance and market position makes it an attractive investment option for investors. Cosmos Initia Co Ltd has a long track record of delivering innovative technology solutions and services that enable businesses to leverage the latest technologies and maximize their potential.
Summary
Investing in HOUSE DO is looking very attractive for FY2023. In the second quarter of FY2023, the company reported total revenue of JPY 958.0 million, resulting in a year-over-year increase of 26.9%. Additionally, net income was JPY 15824.0 million, showing an increase of 41.0% compared to the same period in the prior year. This strong performance indicates a positive outlook for the company, making it an excellent investment opportunity.
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