Kennedy-wilson Holdings Intrinsic Value Calculation – KENNEDY-WILSON HOLDINGS Reports 7.6% Increase in Revenue for FY2023 Q2

☀️Earnings Overview

KENNEDY-WILSON ($NYSE:KW): Kennedy-Wilson Holdings reported a total revenue of USD 146.5 million for FY2023 Q2, ending June 30 2023, representing an increase of 7.6% compared to the same period in 2023. Net income for the quarter was USD 47.4 million, a notable improvement from its -1.2 million reported in the previous year.

Analysis – Kennedy-wilson Holdings Intrinsic Value Calculation

GoodWhale has analyzed the fundamentals of KENNEDY-WILSON HOLDINGS and determined that the fair value of its stock is around $19.1. This value was calculated using our proprietary Valuation Line, which evaluates companies based on a range of factors such as sales, profits, cash flow, and debt levels. Currently, KENNEDY-WILSON HOLDINGS shares are being traded at $16.4, making them undervalued by 14.1%. This presents an opportunity for investors to purchase KENNEDY-WILSON HOLDINGS stocks at a discounted rate. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Kennedy-wilson Holdings. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Kennedy-wilson Holdings. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Kennedy-wilson Holdings. More…

Key Ratios Snapshot

Some of the financial key ratios for Kennedy-wilson Holdings are shown below. More…

Peers

It competes with other major international players in the industry, such as Mullion Co Ltd, Sumitomo Realty & Development Co Ltd, and GRIT Real Estate Income Group Ltd. Together, they form a competitive landscape, each striving to deliver innovative solutions and maximize returns for their investors.

– Mullion Co Ltd ($TSE:3494)

Mullion Co Ltd is a leading provider of engineering services and solutions. The company specializes in the design and manufacturing of a wide range of products, from automotive components to medical supplies. As of 2023, the company’s market capitalization stands at 1.44 billion, demonstrating the confidence of investors in the future prospects of the company. Additionally, its Return on Equity of 2.83% highlights the efficiency of the company’s operations and its ability to generate returns for shareholders.

– Sumitomo Realty & Development Co Ltd ($TSE:8830)

Sumitomo Realty & Development Co Ltd is one of Japan’s largest real estate companies and an international leader in real estate development. As of 2023, the company has a market capitalization of 1.44T and a return on equity of 8.86%. This indicates that the company has been able to generate a healthy return on its investments, indicating its success in the industry. Sumitomo Realty & Development Co Ltd focuses primarily on residential, office and retail spaces, as well as logistics, hotels, and other related services. The company operates throughout Japan and has expanded into other markets such as China and the United States.

– GRIT Real Estate Income Group Ltd ($LSE:GR1T)

GRIT Real Estate Income Group Ltd is a publicly-traded real estate investment trust (REIT) based in the United Kingdom. The company specializes in the acquisition, ownership, and management of income-producing real estate, primarily through Directly Owned and Joint Venture investments. As of 2023, GRIT Real Estate Income Group Ltd has a market cap of 163.3M. The company’s Return on Equity (ROE) for the same period is 7.01%, which is relatively low compared to other REITs in the same industry. This reflects the fact that the company has a more conservative approach to investing, focusing on income-producing properties, rather than speculative investments.

Summary

Kennedy-Wilson Holdings delivered solid financial results for FY2023 Q2, with total revenue rising 7.6% year-over-year to USD 146.5 million, and net income improving significantly to USD 47.4 million from the prior year’s negative number. These strong results demonstrate that investing in Kennedy-Wilson Holdings may be a sound choice, as the company continues to show consistent year-over-year growth in an uncertain economic environment. With strong operating performance, increased market share, and a diverse portfolio of products and services, Kennedy-Wilson Holdings could be an attractive choice for investors.