Intuit Inc Stock Intrinsic Value – INTUIT INC Reports Fourth Quarter Earnings Results for 2023
August 29, 2023
🌥️Earnings Overview
On August 24, 2023, INTUIT INC ($NASDAQ:INTU) reported their earnings results for the fourth quarter ending July 31, 2023. They experienced a significant year over year increase in total revenue, which amounted to USD 2712.0 million – 12.3% more than the same quarter in the prior year. The company also saw a gain in net income, with a total of USD 89.0 million reported for the quarter, compared to a net loss of -56.0 million in the same quarter a year earlier.
Market Price
The company’s balance sheet also remained strong, with cash up by 24% and total assets up by 10%. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Intuit Inc. More…
| Total Revenues | Net Income | Net Margin |
| 14.37k | 2.38k | 16.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Intuit Inc. More…
| Operations | Investing | Financing |
| 5.05k | -922 | -4.27k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Intuit Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 27.78k | 10.51k | 62.82 |
Key Ratios Snapshot
Some of the financial key ratios for Intuit Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 23.2% | 13.0% | 22.5% |
| FCF Margin | ROE | ROA |
| 33.3% | 11.5% | 7.3% |
Analysis – Intuit Inc Stock Intrinsic Value
At GoodWhale, we have conducted an analysis of INTUIT INC‘s fundamentals. Our proprietary Valuation Line algorithm has calculated the fair value of INTUIT INC share to be around $555.6. However, currently the stock is trading at only $498.5, which is a 10.3% undervaluation. This presents an opportunity to acquire the stock at a price lower than its fair value. We at GoodWhale are confident that this presents a good chance to gain from the stock market. More…
Peers
Its competitors include Kingdee International Software Group Co Ltd, System Research Co Ltd, and BK Tops.
– Kingdee International Software Group Co Ltd ($SEHK:00268)
Kingdee International Software Group Co Ltd is a Chinese software company that specializes in enterprise software, cloud services and artificial intelligence. As of 2022, the company has a market capitalization of 36.47 billion USD and a return on equity of -3.86%. The company’s products and services are used by businesses of all sizes in a variety of industries, including banking, manufacturing, retail and healthcare.
– System Research Co Ltd ($TSE:3771)
System Research Co Ltd is a Japanese company that provides information technology services. The company has a market cap of 16.15 billion as of 2022 and a return on equity of 15.4%. System Research Co Ltd provides services such as software development, system integration, and consulting. The company also offers products such as software, hardware, and services for the financial industry.
– BK Tops ($KOSE:030790)
BK Tops is a publicly traded company with a market capitalization of $19.2 billion as of 2022. The company has a negative return on equity of 54.07%. BK Tops is engaged in the business of producing and selling toppings for ice cream, yogurt, and other desserts. The company’s products include chocolate chips, sprinkles, and other toppings.
Summary
This positive performance indicates that investing in Intuit Inc. may be a sound decision for investors. The company has demonstrated strong growth and profitability, with revenue increases in each quarter and net income margins that are consistently above industry averages. Intuit Inc.’s products and services have proven to be popular with consumers, and the company is well-positioned to capitalize on future trends and continue its success for years to come.
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