Odp Corporation Intrinsic Value – ODP CORPORATION Reports 6.2% Decrease in Revenue for Q2 2023
August 23, 2023
🌥️Earnings Overview
For the quarter ending June 30th 2023, ODP CORPORATION ($NASDAQ:ODP) reported total revenue of USD 1908.0 million, a 6.2% decline year-on-year. Net income was recorded as USD 34.0 million, a 25.9% increase from the same period of the prior year. These results refer to the second quarter of fiscal year 2023.
Analysis – Odp Corporation Intrinsic Value
GoodWhale has conducted an analysis of ODP CORPORATION‘s fundamentals and has come up with a fair value of the company’s share of $39.8. This value was calculated using our proprietary Valuation Line, which is comprised of various metrics including the company’s market position, financials, operational performance, and future prospects. Currently, the ODP CORPORATION stock is trading at $49.9, which is 25.2% higher than its fair value. This implies that the stock is overvalued in the current market scenario. GoodWhale recommends investors to exercise caution while trading in ODP CORPORATION stock. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Odp Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 8.29k | 191 | 2.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Odp Corporation. More…
| Operations | Investing | Financing |
| 470 | -3 | -544 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Odp Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.96k | 2.8k | 30.4 |
Key Ratios Snapshot
Some of the financial key ratios for Odp Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -6.6% | -6.2% | 3.6% |
| FCF Margin | ROE | ROA |
| 4.4% | 16.1% | 4.7% |
Peers
The company operates duty-free stores at major airports and tourist destinations in these countries. The company’s main competitors are China Tourism Group Duty Free Corp Ltd, JALUX Inc, and Rito Group Corp.
– China Tourism Group Duty Free Corp Ltd ($SHSE:601888)
China Tourism Group Duty Free Corp Ltd is a state-owned enterprise that operates duty-free shops in China. It is the largest duty-free retailer in China with over 200 stores across the country. The company offers a wide range of products including cosmetics, fashion, accessories, and food. It also operates an online duty-free platform.
Summary
ODP CORPORATION reported their second quarter of fiscal year 2023 financial results, revealing total revenue of USD 1908.0 million, a 6.2% decrease from the same period the previous year. Net income saw an increase of 25.9%, reaching USD 34.0 million. These results have been met with a positive reaction from investors, as the company’s stock price moved up the same day.
In terms of investment analysis, ODP CORPORATION appears to be in a strong financial position, displaying both year over year revenue growth and increased profits. It may be wise for investors to consider this company as part of their portfolio.
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