Kirby Corporation Intrinsic Value Calculator – KIRBY CORPORATION Reports 11.4% Increase in Revenue for Q2 FY2023
August 11, 2023
☀️Earnings Overview
KIRBY CORPORATION ($NYSE:KEX) reported total revenue of USD 777.2 million and net income of USD 57.4 million for the second quarter of FY2023 (ending June 30 2023) on July 27 2023, indicating a year-over-year increase of 11.4% and 101.6%, respectively.
Analysis – Kirby Corporation Intrinsic Value Calculator
GoodWhale has conducted an in-depth analysis of KIRBY CORPORATION‘s fundamentals and arrived at an intrinsic value of approximately $76.6 per share. This value was determined using GoodWhale’s proprietary Valuation Line, which assesses the stock’s growth potential and risk profile. At present, the stock is trading at $80.4, indicating that the market has priced in a fair amount of growth and risk for the company. However, this is still overvalued by 5.0%. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Kirby Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 3k | 174.44 | 5.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Kirby Corporation. More…
| Operations | Investing | Financing |
| 278.39 | -139.6 | -108.76 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Kirby Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.57k | 2.49k | 51.38 |
Key Ratios Snapshot
Some of the financial key ratios for Kirby Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.2% | 14.0% | 9.4% |
| FCF Margin | ROE | ROA |
| 2.3% | 5.7% | 3.2% |
Peers
The company has a strong market position in the United States and is expanding its presence internationally. Kirby’s competitors include Yang Ming Marine Transport Corp, Tallink Grupp AS, and Logistec Corp.
– Yang Ming Marine Transport Corp ($TWSE:2609)
Kang Ming Marine Transport Corp is one of the largest maritime transportation companies in the world with a market capitalization of 213.02 billion as of 2022. The company has a diversified fleet of over 500 vessels that provide service to major ports and terminals across the globe. Kang Ming also operates one of the largest container shipping fleets in the world with a capacity of over 5 million TEU. The company’s return on equity (ROE) is 62.35% indicating that it is a profitable and efficient organization.
– Tallink Grupp AS ($LTS:0NY4)
Tallink Grupp AS is a leading provider of passenger and cargo transportation services in the Baltic Sea region. The company operates a fleet of 22 vessels and employs over 3,500 people. The company has a market cap of $343.53 million and a return on equity of -1.66%. Tallink Grupp AS provides transportation services to millions of passengers and tens of thousands of vehicles each year. The company is headquartered in Estonia and listed on the Nasdaq Baltic Stock Exchange.
– Logistec Corp ($TSX:LGT.A)
Logistec Corp is a leading provider of marine and logistics services. The company has a market cap of 469.01M as of 2022 and a return on equity of 13.95%. Logistec Corp provides a full range of services including container handling, terminal operations, trucking, warehousing, and container shipping. The company also offers a wide range of value-added services such as cargo tracking, customs clearance, and container maintenance.
Summary
Investors in KIRBY CORPORATION have much to be pleased with as the company recently announced its financial results for the second quarter of FY2023. Total revenue rose 11.4% from the same period a year prior, a strong sign of growth. Earnings were even more impressive, at a 101.6% increase year over year, with net income at USD 57.4 million. This demonstrates KIRBY CORPORATION’s strength in the market, and suggests that now is an excellent time to consider investing in the company.
