Mory Industries Intrinsic Value Calculator – MORY INDUSTRIES Reports Third Quarter FY2023 Earnings on February 7 2023
March 12, 2023
Earnings Overview
MORY INDUSTRIES ($TSE:5464) reported their financial results for the third quarter of the fiscal year 2023 (ending December 31, 2022) on February 7, 2023. Total revenue increased to JPY 1.3 billion, which is a 17.9% increase from the same period in the previous year. Additionally, net income rose by 7.7% to JPY 12.3 billion.
Market Price
The stock opened at JP¥2882.0 and closed at JP¥2932.0. This significant increase signals the company’s continued success and is a positive sign for investors. The earnings report revealed strong performance across the board for MORY INDUSTRIES. Revenues were higher than expected and costs were lower than projected. This quarter’s performance is a positive sign of progress and a testament to the company’s dedication to quality and excellence.
MORY INDUSTRIES’ third quarter FY2023 earnings report was an overall success, with a positive outlook for future success and growth. The company’s stock opened and closed higher than at the same period last year, and the company’s financials show that their strategies are working. This is excellent news for investors and further proof of MORY INDUSTRIES’ commitment to quality and excellence. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Mory Industries. More…
| Total Revenues | Net Income | Net Margin |
| 47.89k | 4.92k | 10.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Mory Industries. More…
| Operations | Investing | Financing |
| 2.62k | -1.48k | -1k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Mory Industries. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 64.79k | 15.32k | 6.2k |
Key Ratios Snapshot
Some of the financial key ratios for Mory Industries are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.8% | 18.4% | 14.5% |
| FCF Margin | ROE | ROA |
| 3.5% | 8.9% | 6.7% |
Analysis – Mory Industries Intrinsic Value Calculator
At GoodWhale, we conducted an analysis of MORY INDUSTRIES‘ wellbeing using our proprietary Valuation Line. This revealed that the intrinsic value of each MORY INDUSTRIES share is around JP¥2968.9. In comparison, the current market price of MORY INDUSTRIES stock is JP¥2932.0. This indicates that the stock is currently undervalued by 1.2%. We believe that this presents a great opportunity for investors and recommend that they consider investing in MORY INDUSTRIES at this price. More…
Peers
It faces tough competition from its peers in the steel industry, namely Kanishk Steel Industries Ltd, YC Inox Co Ltd, and Moonbae Steel Co Ltd. Despite the presence of these formidable rivals, Mory Industries Inc has been able to remain competitive through its commitment to innovation and customer satisfaction.
– Kanishk Steel Industries Ltd ($BSE:513456)
Kanishk Steel Industries Ltd is a leading international steel producer with operations across India, China and the United States. The company produces high-quality steel products for the automotive, construction and energy industries. Its market capitalization of 695.83M as of 2023 reflects a strong market presence and investor confidence in the business. Additionally, its Return on Equity of 16.53% indicates strong profitability and efficient capital management, which has enabled the company to generate superior returns for its shareholders.
– YC Inox Co Ltd ($TWSE:2034)
Foshan Shunde Yinrong Stainless Steel Co Ltd, commonly referred to as YC Inox Co Ltd, is a Chinese-based stainless steel manufacturer. The company has a market capitalization of 13.45 billion as of 2023. This market capitalization reflects investor confidence in the company’s products and services and its ability to generate solid returns. With a Return on Equity (ROE) of 4.58%, YC Inox Co Ltd demonstrates its capacity to generate profits from its shareholders’ investments. YC Inox Co Ltd specializes in the production of cold rolled stainless steel coils, sheets, plates, and strips, as well as stainless steel pipes, bars, fasteners and other stainless steel products.
– Moonbae Steel Co Ltd ($KOSE:008420)
Moonbae Steel Co Ltd is a South Korean steel producer that has been operating since 1971, producing a range of products from wire rod and bars to steel plates and pipes. The company has achieved a market capitalization of 68.29B as of 2023, demonstrating its impressive size and market share. Their Return on Equity is 6.05%, indicating that the company is making a healthy return on the capital invested in the company. This suggests efficient management and effective use of resources.
Summary
MORY INDUSTRIES reported strong results for the third quarter of FY2023, showing total revenue growth of 17.9% and net income growth of 7.7%. This indicates a strong performance in the current market conditions and could be an attractive option for investors. With a strong balance sheet and consistent growth, MORY INDUSTRIES appears to be well-positioned for further gains in the future.
The stock price has been increasing since the earnings announcement, which could be an indication of further positive investor sentiment. Overall, MORY INDUSTRIES looks like a solid investment opportunity.
