Jackson Financial Intrinsic Value Calculator – Jackson Financial Reports Earnings Results for FY2023 Q2, as of June 30 2023
August 14, 2023
🌥️Earnings Overview
On August 8 2023, JACKSON FINANCIAL ($NYSE:JXN) released their financial results for the second quarter of FY2023, ending June 30 2023. Total revenue for the quarter was reported at USD 0.4 billion, showing a 93.6% decrease from the same quarter in the previous year. Net income for the same period decreased by 57.9%, amounting to USD 1.2 billion.
Stock Price
On Tuesday, Jackson Financial reported their earnings results for the second quarter of FY2023 ending June 30 2023. When compared to the previous quarter, their stock opened at $33.4, however closing at $32.4, representing a decrease of 0.5% from the previous closing price of 32.6. While the earnings results showed a slight decrease from the previous quarter, it is important to note that despite this, Jackson Financial remains a strong and reliable financial institution. The report, showing total net income of $1.2 billion for the quarter, indicates that the company is continuing to experience strong growth and stability.
These results demonstrate that Jackson Financial is in a good financial position and is well poised for future growth. Overall, the second quarter of FY2023 showed promising results for Jackson Financial, as it continues to remain a leader in providing customers with reliable and comprehensive financial services. The company’s stock may have seen a slight decrease, however investors remain optimistic that with such strong results, Jackson Financial is in a position to continue to experience growth and success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Jackson Financial. More…
| Total Revenues | Net Income | Net Margin |
| 5.22k | -40 | -0.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Jackson Financial. More…
| Operations | Investing | Financing |
| 5.7k | -6.79k | -2.07k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Jackson Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 326.98k | 317.56k | 105.63 |
Key Ratios Snapshot
Some of the financial key ratios for Jackson Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 60.4% | – | -1.2% |
| FCF Margin | ROE | ROA |
| 109.3% | -0.4% | -0.0% |
Analysis – Jackson Financial Intrinsic Value Calculator
At GoodWhale, we undertook an extensive analysis of JACKSON FINANCIAL‘s fundamentals and after a rigorous review, we have determined that the fair value of JACKSON FINANCIAL’s stock is around $20.4. We arrived at this figure using our proprietary Valuation Line method. However, the current market price of JACKSON FINANCIAL’s stock is $32.4, indicating that the stock is currently overvalued by 58.5%. This discrepancy presents an opportunity for investors to capitalize on the current overvaluation by selling their JACKSON FINANCIAL shares. More…
Peers
In the current market landscape, Jackson Financial Inc. is up against some stiff competition from the likes of Generation Development Group Ltd, US Financial 15 Split Corp, and AMP Ltd. All of these companies are vying for a piece of the pie in the financial services industry, and each has its own unique strengths and weaknesses. It remains to be seen who will come out on top in this competitive market.
– Generation Development Group Ltd ($ASX:GDG)
Generation Development Group Ltd is a property development company with a focus on residential and commercial projects. The company has a market cap of 222.74M as of 2022 and a return on equity of -229.38%. The company’s main business activities include the development of residential and commercial properties, as well as the provision of project management services.
– US Financial 15 Split Corp ($TSX:FTU)
The company’s market cap is 627.6k as of 2022. The company focuses on providing financing and leasing options to small businesses in the United States. The company offers a variety of financing products, including lines of credit, term loans, and SBA-guaranteed loans. The company also provides equipment leasing options to small businesses.
– AMP Ltd ($ASX:AMP)
A market capitalization, or “market cap,” is the total value of a company’s outstanding shares of common stock. It is calculated by multiplying the number of a company’s shares outstanding by the current market price of one share. The return on equity, or “ROE,” is a measure of a company’s profitability that takes into account both its equity and its debt. It is calculated by dividing a company’s net income by its total equity.
Amp Ltd is an Australian financial services company that provides a range of services including banking, insurance, investments, and superannuation. It has a market cap of 4.12B as of 2022 and a ROE of 0.32%.
Summary
Jackson Financial reported their Q2 earnings for FY2023, showing a significant decrease in revenue and net income. Net income decreased to USD 1.2 billion, a 57.9% drop from the same quarter in the previous year. This presents a concerning outlook for investors, as losses are continuing to increase despite signs of recovery in the market. It is recommended that investors assess the financial situation of Jackson Financial before making any decisions to invest.
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