Inter Parfums Intrinsic Value Calculation – INTER PARFUMS Reports Third Quarter Earnings for Fiscal Year 2023
December 9, 2023
🌥️Earnings Overview
INTER PARFUMS ($NASDAQ:IPAR) reported total revenue of USD 368.0 million for the third quarter of fiscal year 2023, ending on September 30th 2023, which was a 31.2% increase from the same period in the previous year. The company also reported net income of USD 53.2 million, a 28.5% increase from the same period in the prior year.
Stock Price
The company reported a slightly lower closing stock price of $127.5 for the day, which was down by 0.4% from the previous closing price of $128.0. Nevertheless, INTER PARFUMS continues to remain committed to delivering value to its shareholders. The company has announced plans to invest in new product lines and improve its operations in order to further strengthen its position in the market. The company is also looking forward to realizing gains from its recent acquisitions and strategic investments.
Overall, INTER PARFUMS is confident that its third quarter earnings report reflects the strength of its current strategies and financial position. The company will continue to strive for innovation and profitability in the coming quarters in order to ensure long-term growth and success for its shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Inter Parfums. More…
| Total Revenues | Net Income | Net Margin |
| 1.3k | 158.83 | 12.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Inter Parfums. More…
| Operations | Investing | Financing |
| 147.6 | -58.37 | -55.41 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Inter Parfums. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.39k | 517.53 | 21.59 |
Key Ratios Snapshot
Some of the financial key ratios for Inter Parfums are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 34.6% | 67.6% | 20.3% |
| FCF Margin | ROE | ROA |
| 3.4% | 24.3% | 11.8% |
Analysis – Inter Parfums Intrinsic Value Calculation
At GoodWhale, we have recently conducted an analysis of INTER PARFUMS‘s wellbeing. After careful review, we have determined that the intrinsic value of INTER PARFUMS share is around $125.5, calculated using our proprietary Valuation Line. This figure is based on the company’s performance and its outlook, taking into account factors such as market position and future profitability. Currently, INTER PARFUMS stock is traded at $127.5, meaning that it is slightly overvalued by 1.6%. We feel that this is a fair price given the assessment of INTER PARFUMS’s wellbeing and outlook. Our analysis suggests that INTER PARFUMS is in a good position to continue performing well in the future. More…
Peers
The company holds licenses for the brands of Burberry, Coach, Jimmy Choo, Karl Lagerfeld, Montblanc, Oscar de la Renta, Paul Smith, Van Cleef & Arpels, and S.T. Dupont. It competes with Kose Corp, Rocky Mountain Chocolate Factory Inc, MamaMancini’s Holdings Inc.
– KOSE Corp ($TSE:4922)
KOSE Corporation is a Japanese cosmetics company. It was founded in 1946 and its products are sold in over 30 countries. The company has a market capitalization of 843.21 billion as of 2022 and a return on equity of 5.91%. KOSE Corporation’s products include skincare, makeup, and fragrances. The company’s brands include Sekkisei, Jurlique, and La Mer.
– Rocky Mountain Chocolate Factory Inc ($NASDAQ:RMCF)
With a market cap of just under $40 million, Rocky Mountain Chocolate Factory is a small company. Nevertheless, it is a publicly traded company with a long history, dating back to its founding in 1981. The company produces and sells a variety of chocolate and caramel confections, as well as other sweet treats. It has over 300 franchise locations across the United States, Canada, and the United Arab Emirates. While the company’s ROE of -12.68% is not particularly impressive, it is worth noting that this figure is an improvement over its -21.67% ROE from the previous year. The company’s market cap and ROE are both likely to continue to fluctuate in the coming years, depending on a variety of factors.
– MamaMancini’s Holdings Inc ($NASDAQ:MMMB)
MamaMancini’s Holdings Inc is a producer of ready-to-eat, all-natural beef, turkey, and pork meatballs, as well as other Italian-American cuisine. As of 2022, the company has a market cap of 39.22M and a ROE of -14.63%. MamaMancini’s specializes in ready-to-eat, all-natural beef, turkey, and pork meatballs, as well as other Italian-American cuisine. The company was founded in 1992 and is headquartered in Carlstadt, New Jersey.
Summary
INTER PARFUMS reported strong financial results for Q3 2023, with total revenue of USD 368.0 million and net income of USD 53.2 million, representing increases of 31.2% and 28.5% respectively from the previous year. Analysts are encouraged by the company’s performance as it continues to expand its business operations. The strong revenue growth was driven by strong demand for new product launches, with increasing market share in key markets such as Europe and Asia driving continued sales growth. The company is well positioned to continue its growth trajectory as it looks to capitalize on the trends in consumer spending and strengthen its competitive positioning in the global fragrances and cosmetics markets.
