Odp Corporation Stock Fair Value – ODP CORPORATION Reports Positive Earnings Results for Second Quarter of Fiscal Year 2023

August 28, 2023

☀️Earnings Overview

On August 9, 2023, ODP CORPORATION ($NASDAQ:ODP) reported its earnings for the second quarter of 2023, which ended on June 30, 2023. Despite a 6.2% drop in total revenue from the same period the year prior – amounting to USD 1908.0 million – the company’s net income rose by 25.9%, totaling USD 34.0 million.

Price History

On Wednesday, ODP CORPORATION reported positive earnings results for the second quarter of fiscal year 2023. The stock opened at $47.4 and closed at $49.9, up by 3.4% from its prior closing price of 48.2. The strong earnings results reflect the success of the company’s strategic initiatives and investment in innovation over the past year. The positive earnings results bolstered investor confidence in ODP CORPORATION’s ability to capitalize on future growth opportunities and maintain profitability despite the challenging macroeconomic environment.

In response to the results, ODP CORPORATION’s stock prices rose on Wednesday and the company’s market capitalization increased to $50 billion. Overall, ODP CORPORATION is well-positioned to benefit from the current economic environment and continue to deliver strong returns to shareholders in the coming quarters. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • 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%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Odp Corporation. More…

    Operations Investing Financing
    470 -3 -544
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • 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
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • 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%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Odp Corporation Stock Fair Value

    GoodWhale recently conducted an in-depth analysis of ODP CORPORATION‘s wellbeing. Using our proprietary Valuation Line, we determined that the intrinsic value of the company’s share is around $39.9. Currently, the stock is being traded at $49.9 which is overvalued by 25.1%. This could be an opportunity to invest in ODP CORPORATION, as the stock could potentially be undervalued in the future. Therefore, investors who are considering investing in the company should use caution and take into account the current market conditions. We believe that, despite this overvaluation, a long-term investment in ODP CORPORATION could potentially be profitable and beneficial. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • 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.


    ODP Corporation recently announced its second quarter earnings results for the fiscal year 2023, ending June 30th, 2023. Total revenue decreased 6.2% year-over-year to 1908 million USD, while net income increased 25.9% to 34 million USD. The stock price reacted positively to the news, as investors saw the improved profitability of the company as a sign of strong performance going forward.

    It is worth noting that ODP Corporation has a history of generating consistent profits, and its ability to make returns in spite of the current challenging economic environment is a testament to its sound business strategy. Investors may want to consider putting their money in this company, with its bullish potential and solid fundamentals.

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