H&r Block Stock Fair Value – H&R BLOCK Reports Total Revenue of USD 1032.2 Million for Fourth Quarter of Fiscal Year 2023, Down 1.7% YOY
August 23, 2023
🌧️Earnings Overview
At the close of the fourth quarter of fiscal year 2023, H&R BLOCK ($NYSE:HRB) reported total revenue of USD 1032.2 million—a 1.7% drop compared to the same time the previous year. Net income for the same quarter, however, saw a significant rise of 35.7%, reaching USD 302.3 million.
Analysis – H&r Block Stock Fair Value
GoodWhale has conducted an analysis of the fundamentals of H&R BLOCK and have concluded that the intrinsic value of the stock is around $33.0 as calculated by our proprietary Valuation Line. The current trading price of H&R BLOCK stock is $35.4, indicating that the stock is overvalued by 7.2%. This suggests that investors may consider buying in at the current price with caution, as there is a risk of a potential correction. On the other hand, further research may reveal that the current stock price may be justified by the company’s performance, in which case buying in may be a wise decision. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for H&r Block. More…
| Total Revenues | Net Income | Net Margin |
| 3.47k | 553.7 | 16.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for H&r Block. More…
| Operations | Investing | Financing |
| 821.84 | -101.39 | -750.99 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for H&r Block. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.07k | 3.04k | 0.21 |
Key Ratios Snapshot
Some of the financial key ratios for H&r Block are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.6% | 59.9% | 22.6% |
| FCF Margin | ROE | ROA |
| 21.7% | -22648.7% | 16.0% |
Peers
The company offers a variety of services, including online and in-person tax preparation, bookkeeping, and financial planning. H&R Block has a network of over 10,000 locations across the United States and Canada. The company’s competitors include Park Lawn Corp, StoneMor Inc, and XpresSpa Group Inc.
– Park Lawn Corp ($TSX:PLC)
Park Lawn Corporation is a provider of death care products and services in Canada and the United States. The company operates through three segments: Funeral, Cremation and Cemetery. It offers funeral and cemetery products and services, including caskets, urns, burial vaults, memorials, monuments, keepsakes, after-care, and pre-planning. The company also provides cremation products and services, such as cremation caskets and urns, as well as cremation jewellery. Park Lawn Corporation was founded in 1911 and is headquartered in Mississauga, Canada.
– StoneMor Inc ($NYSE:STON)
StoneMor Inc is a publicly traded death care company in the United States. It is headquartered in Trevose, Pennsylvania. The company was founded in 1996. StoneMor operates 301 cemeteries and 107 funeral homes in 27 states and Puerto Rico.
– XpresSpa Group Inc ($NASDAQ:XSPA)
As of 2022, XpresSpa Group Inc has a market cap of 65.62M. The company has a Return on Equity of -0.19%. XpresSpa Group Inc is a company that provides express spa services. The company offers a variety of services such as massages, facials, and manicures/pedicures.
Summary
Investors may be interested in H&R Block‘s quarterly earnings results for the fourth quarter of fiscal year 2023. Total revenue decreased slightly by 1.7% compared to the prior year, but net income rose significantly by 35.7%. This demonstrates the company’s ability to remain resilient despite a challenging economic climate, and could suggest that it is well-positioned for future growth. H&R Block’s strong financial position and performance make it an attractive investment option.
