Mueller Industries Intrinsic Value Calculation – MUELLER INDUSTRIES Reports FY2022 Q4 Earnings Results on February 7, 2023.

Earnings Overview

MUELLER INDUSTRIES ($NYSE:MLI) reported their FY2022 Q4 earnings results for the period ended December 31 2022 on February 7 2023. Total revenue for the quarter amounted to USD 138.9 million, reflecting a 10.6% increase in comparison with the same period in the prior year. Unfortunately, net income saw a 8.2% decline year-on-year, amounting to USD 877.6 million.

Market Price

On Tuesday, MUELLER INDUSTRIES announced its financial results for the fourth quarter of FY2022, with the stock opening at $70.3 and closing at $75.7, a rise of 9.4% from the prior closing price of $69.2. MUELLER INDUSTRIES attributed the strong performance to strong sales growth driven by higher demand for its products across all segments and regions. The company’s strategic investments in product development, operational efficiency and customer service also contributed to an increase in revenue and net income.

Overall, MUELLER INDUSTRIES reported strong performance in its fourth quarter results and continues to be a reliable dividend payer. With the stock trading at a new high and the company’s sound strategy to drive growth, investors are optimistic that MUELLER INDUSTRIES will continue to provide strong returns in the future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Mueller Industries. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Mueller Industries. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Mueller Industries. More…

Key Ratios Snapshot

Some of the financial key ratios for Mueller Industries are shown below. More…

Analysis – Mueller Industries Intrinsic Value Calculation

At GoodWhale, we conducted an analysis of MUELLER INDUSTRIES‘s wellbeing and our proprietary Valuation Line has determined that the fair value of MUELLER INDUSTRIES share is around $56.1. This value is significantly lower than the current trading price of $75.7, indicating that the stock is overvalued by 35.0%. Our analysis shows that investors should be extremely cautious when considering investing in MUELLER INDUSTRIES at this time. More…

Peers

Its competitors include Franklin Electric Co Inc, Furukawa Electric Co Ltd, PT Tembaga Mulia Semanan Tbk.

– Franklin Electric Co Inc ($NASDAQ:FELE)

Franklin Electric Co Inc is a manufacturer of submersible motors, pumps, and related parts and equipment. The company has a market capitalization of $3.95 billion as of 2022 and a return on equity of 18.79%. The company’s products are used in a variety of applications including residential, agricultural, commercial, and industrial water pumping.

– Furukawa Electric Co Ltd ($TSE:5801)

Furukawa Electric Co., Ltd. engages in the manufacture and sale of electric and electronic materials, products, and systems. It operates through the following segments: Electronic Devices, Optics, and Communication; Materials; Automotive; and Energy. The Electronic Devices, Optics, and Communication segment offers copper clad laminates, printed wiring boards, lead frames, optical fibers, optical fiber cables, and optical connectors. The Materials segment provides aluminum wire rods, aluminum alloys, aluminum foils, rare metals, and chemical products. The Automotive segment supplies automotive parts such as electric wires and cables, connectors, and battery terminals. The Energy segment offers power cables and power distribution equipment. The company was founded by Masaru Furukawa on June 8, 1949 and is headquartered in Tokyo, Japan.

– PT Tembaga Mulia Semanan Tbk ($IDX:TBMS)

PT Tembaga Mulia Semanan Tbk is one of the largest mining companies in Indonesia with a market cap of 593.25B as of 2022. The company is engaged in the exploration, mining, and smelting of copper and gold.

Summary

Mueller Industries reported its FY2022 Q4 earnings results on February 7th, 2023. Total revenue increased by 10.6% compared to the same period last year, while net income decreased 8.2%. The stock price reacted positively the same day. This is a positive sign for investors, suggesting that the stock is undervalued given the increased revenue and reduced earnings.

However, further analysis of profitability metrics, sales growth, market trends, and other financials is necessary to determine the long-term investment potential of Mueller Industries.