Kyndryl Holdings Stock Intrinsic Value – KYNDRYL HOLDINGS Reports Total Revenue of USD 4193.0 Million at End of FY2024 Q1, Down 2.2% YoY
August 10, 2023
🌥️Earnings Overview
At the end of FY2024 Q1 on June 30 2023, KYNDRYL HOLDINGS ($NYSE:KD) reported total revenue of USD 4193.0 million, a decrease of 2.2% from the same period in the prior year. Net income was reported at USD -141.0 million, an improvement from the -250.0 million reported during the same period in the previous year.
Analysis – Kyndryl Holdings Stock Intrinsic Value
GoodWhale has conducted a comprehensive analysis of KYNDRYL HOLDINGS‘s financials and found that the fair value of its share is around $12.7. This fair value was calculated using our proprietary Valuation Line, which considers numerous factors such as cash flow, debt levels, and competitive landscape. Currently, KYNDRYL HOLDINGS stock is traded at $12.4, a price that is undervalued by 2.7%. Nevertheless, it still presents a good buying opportunity given its fair value. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Kyndryl Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 16.93k | -1.26k | -6.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Kyndryl Holdings. More…
| Operations | Investing | Financing |
| 504 | -730 | -138 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Kyndryl Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 10.99k | 9.65k | 5.44 |
Key Ratios Snapshot
Some of the financial key ratios for Kyndryl Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -5.2% | – | -3.9% |
| FCF Margin | ROE | ROA |
| -1.5% | -31.3% | -3.7% |
Peers
Its competitors include Fact Inc, Data3 Ltd, and Beijing Inhand Networks Technology Co Ltd. Kyndryl Holdings Inc has a strong foothold in the industry with its innovative products and services.
– Fact Inc ($OTCPK:FCTI)
Fact Inc is a publicly traded company with a market capitalization of $552.17 million as of 2022. The company has a Return on Equity of 98.84% and is involved in the business of providing information and data to clients in a variety of industries. Fact Inc is headquartered in the United States and its common stock is listed on the Nasdaq Stock Market.
– Data3 Ltd ($ASX:DTL)
Data3 Ltd is an Australian company that provides a range of IT services, including data storage, cloud computing, and security. It has a market cap of 1.09B as of 2022 and a Return on Equity of 47.53%. The company has a strong focus on providing innovative and reliable solutions to its clients. It has a strong reputation in the industry and is well-positioned to continue growing its business.
– Beijing Inhand Networks Technology Co Ltd ($SHSE:688080)
Inhand Networks Technology Co Ltd is a Chinese holding company that owns and operates several businesses in the technology sector. The company has a market cap of 2.09B and a ROE of 8.51%. Inhand Networks Technology Co Ltd’s businesses include telecommunications equipment, semiconductors, and software development. The company’s telecommunications equipment business offers products and services for the Chinese market. The company’s semiconductor business designs, manufactures, and sells integrated circuits (ICs) for use in a variety of electronic devices. The company’s software development business creates and sells software for use in a variety of industries.
Summary
KYNDRYL HOLDINGS reported total revenue of USD 4193.0 million and net income of USD -141.0 million for FY2024 Q1 ending June 30 2023. This represents a decrease in revenue of 2.2% year-on-year, while net income improved from the -250.0 million reported in the same period of the previous year. As a whole, this financial report suggests that although the company’s overall revenue saw a slight decline, its net income showed signs of improvement and is indicative of a positive outlook for investors.
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