MWA Intrinsic Value Calculator – MUELLER WATER PRODUCTS Reports Third Quarter Earnings for 2023 Fiscal Year
August 23, 2023
🌥️Earnings Overview
MUELLER WATER PRODUCTS ($NYSE:MWA) released its earnings report for the third quarter of 2023 on June 30th, revealing total revenue of 326.6 million US dollars; a decrease of 2.0% from the same quarter of the previous year. Net income was 24.5 million US dollars, a 7.5% decline from the year before.
Stock Price
The company’s stock opened at $15.8 but closed at $15.9, only 0.2% lower than the previous closing price of 15.9. Despite this slight dip, MUELLER WATER PRODUCTS maintained a strong performance this quarter as they continue to showcase their commitment to providing high quality water products for customers. This quarter saw improved performance from MUELLER WATER PRODUCTS in several key areas. This growth is thanks in part to the success of their new line of innovative water products, which have seen strong demand from both residential and commercial customers.
In addition, MUELLER WATER PRODUCTS has seen a decrease in operating expenses due to their improved operational efficiency. This has allowed them to further invest in their research and development initiatives, which will help ensure that they remain a leader in the water products industry. Despite a slight dip in their closing stock price, the company still managed to show their commitment to providing high quality water products that customers have come to expect. With these strong financials and the continued success of their new product lines, MUELLER WATER PRODUCTS looks set for another prosperous year ahead. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for MWA. More…
| Total Revenues | Net Income | Net Margin |
| 1.31k | 75.4 | 6.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for MWA. More…
| Operations | Investing | Financing |
| 84.3 | -45.7 | -48.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for MWA. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.49k | 779.1 | 4.57 |
Key Ratios Snapshot
Some of the financial key ratios for MWA are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.6% | 3.8% | 8.6% |
| FCF Margin | ROE | ROA |
| 2.6% | 9.9% | 4.7% |
Analysis – MWA Intrinsic Value Calculator
At GoodWhale, we believe that understanding a company’s fundamentals is key to making informed investments. That’s why we analyze the data to give you a better understanding of MUELLER WATER PRODUCTS’s financial standing. Our proprietary Valuation Line has calculated an intrinsic value of MUELLER WATER PRODUCTS shares to be around $14.9. This means that the current stock price of $15.9 is overvalued by 7.1%. This suggests that the stock may not be the best option for investors looking for immediate returns. However, it could be a good investment for those looking for long-term growth. More…
Peers
Its competitors include Watts Water Technologies Inc, Sanchuan Wisdom Technology Co Ltd, Quest Water Global Inc.
– Watts Water Technologies Inc ($NYSE:WTS)
Watts Water Technologies Inc is a leading manufacturer of water infrastructure products and solutions. The company has a market cap of 4.34B as of 2022 and a return on equity of 15.67%. Watts Water Technologies is a global company with operations in North America, Europe, Asia, and Latin America. The company’s products and solutions are used in a variety of applications, including residential, commercial, industrial, municipal, and utility.
– Sanchuan Wisdom Technology Co Ltd ($SZSE:300066)
Sanchuan Wisdom Technology Co Ltd is a Chinese company that provides technology and engineering services. As of 2022, the company has a market cap of 5.51 billion and a return on equity of 6.28%. The company’s main services include research and development, design, manufacturing, and installation of equipment for the semiconductor, solar, and LED industries.
– Quest Water Global Inc ($OTCPK:QWTR)
The company’s market cap is 15.96M as of 2022. The company’s ROE is 9.24%. The company is engaged in the manufacture and distribution of water treatment products and services. The company’s products and services include water treatment systems, water treatment chemicals, and water treatment services.
Summary
MUELLER WATER PRODUCTS released its earnings report for the third quarter of 2023, showing total revenue of 326.6 million US dollars and net income of 24.5 million US dollars. This was a 2.0% and 7.5% decrease respectively compared to the same time last year. Investors may be cautious about investing in MUELLER WATER PRODUCTS due to the declining revenues, yet the company is still profitable and management may take steps to increase sales and profitability in the future. Therefore, investors should evaluate the company’s overall financial health and assess risk when considering an investment.
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