JOHNSON OUTDOORS Reports Stellar Earnings for FY2022 Q4, Total Revenue Up 39.2% Y-o-Y
January 1, 2023
Earnings report
Johnson Outdoors Stock Intrinsic Value – On December 9, 2022, JOHNSON OUTDOORS ($NASDAQ:JOUT) reported incredible earnings results for its Fiscal Year 2022 Fourth Quarter as of September 30, 2022. This publicly-traded company, which manufactures and markets outdoor recreational products for a variety of categories like marine electronics, fishing and watercraft, camping, and extreme sports, reported total revenue of USD 9.7 million, up 39.2% year-on-year.
In addition, the company reported net income of USD 196.4 million, up 18.1% year-on-year. With a diversified portfolio of well-known brands including Humminbird, Minn Kota, Old Town Canoes and Kayaks, and Eureka! tents, JOHNSON OUTDOORS has become a household name among outdoor enthusiasts. In the fourth quarter, the company achieved strong growth in both the U.S. and international markets. The company’s impressive Q4 results are a testament to its commitment to providing quality products and services to its customers. With an experienced leadership team in place and a solid financial foundation, JOHNSON OUTDOORS is poised for continued growth and success in the coming years.
Market Price
On Friday, JOHNSON OUTDOORS reported stellar earnings for its FY2022 Q4, with total revenue up by 39.2% year-over-year. The news caused the stock to soar by 18.4% from its prior closing price of $57.4 to an opening of $63.0 and then a closing of $68.0. This was mainly due to lower inventory levels and better management of working capital. The news caused its stock to soar by 18.4% from its prior closing price of $57.4 to an opening of $63.0 and then a closing of $68.0. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Johnson Outdoors. More…
| Total Revenues | Net Income | Net Margin |
| 743.36 | 44.49 | 6.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Johnson Outdoors. More…
| Operations | Investing | Financing |
| -62.14 | -31.68 | -12.23 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Johnson Outdoors. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 679.93 | 191.92 | 47.88 |
Key Ratios Snapshot
Some of the financial key ratios for Johnson Outdoors are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.7% | 1.3% | 7.9% |
| FCF Margin | ROE | ROA |
| -12.6% | 7.6% | 5.4% |
VI Analysis – Johnson Outdoors Stock Intrinsic Value
Its fundamentals have been evaluated using the VI app, which simplifies the process of analyzing the company. According to the analysis, the intrinsic value of a Johnson Outdoors share is estimated to be around $104.2. This means that the current stock price of $68.0 is undervalued by 35%. The company’s financials are indicative of its future prospects. This stability gives investors reassurance that the company is well-positioned to continue its success. This indicates that the company is efficiently using its resources to generate profits for its shareholders. Overall, Johnson Outdoors is a great investment opportunity for those looking to capitalize on its undervalued shares. With its strong fundamentals, steady dividend yield, and exciting prospects for future growth, it is a stock to keep an eye on. More…
VI Peers
Johnson Outdoors Inc is one of the leading outdoor recreation companies in the world, known for its cutting-edge products and innovative designs. It is a major player in the outdoor recreation industry, competing with other big names such as Clarus Corp, Goodbaby International Holdings Ltd, and Perfectech International Holdings Ltd. All four companies are committed to providing quality products and services to their customers.
– Clarus Corp ($NASDAQ:CLAR)
Clarus Corporation is a provider of outdoor equipment and apparel products. Founded in 1972, the company has grown to become a leading player in the outdoor industry, providing innovative and high-quality products to millions of customers worldwide. The company has a current market capitalization of 290.37M as of 2022, which is indicative of its financial strength and success over the years. Additionally, Clarus Corporation has a Return on Equity of 4.82%, which is above the industry average and demonstrates its ability to efficiently manage its assets and generate profits.
– Goodbaby International Holdings Ltd ($SEHK:01086)
Goodbaby International Holdings Ltd is a leading manufacturer and distributor of juvenile products in the Asia-Pacific region. The company has a market capitalization of 1.05 billion dollars as of 2022. This value reflects the overall market value of the company’s outstanding shares. Goodbaby International Holdings Ltd also has a Return on Equity (ROE) of 0.8%. This indicates that the company is able to generate returns from its shareholders’ funds. The company designs, produces, and distributes a variety of juvenile products, including car seats, strollers, infant beds, and baby feeding products. In addition, it provides services such as technical support, marketing, and customer service.
– Perfectech International Holdings Ltd ($SEHK:00765)
Perfectech International Holdings Ltd is a Hong Kong-based company that primarily manufactures and sells precision industrial machinery and equipment. As of 2022, the company had a market capitalization of 209.23M, indicating the total value of its outstanding shares. Furthermore, its Return on Equity (ROE) was -0.16%, indicating that it was not able to generate profits from the shareholders’ equity. The company’s financial performance was likely affected by the economic downturn caused by the coronavirus pandemic.
Summary
Investors in Johnson Outdoors have seen strong returns in recent quarters, with the company reporting impressive financial results for its fourth quarter of the FY2022. Revenue of USD 9.7 million was reported, a 39.2% increase year-on-year, while net income rose 18.1% to USD 196.4 million. This performance was further reflected in the stock price; on the same day the results were released, the stock price rose significantly. In line with these results, Johnson Outdoors’ management has continued to provide sound guidance and operate in line with their long-term objectives. The company’s focus on innovation and customer-centricity has been evident in the strong results, and this should continue into the future.
Further, Johnson Outdoors has strong financials and a track record of delivering high returns on equity, making it an attractive investment for those looking for a reliable performer. Overall, Johnson Outdoors has proven to be a reliable, consistent performer in recent quarters. The company’s strong financials and focus on customer-centricity should ensure that it remains so in the future, making it an attractive option for investors looking for a reliable stock.
Related Posts
Recent Posts
