Parker-hannifin Corporation Intrinsic Value Calculator – PARKER-HANNIFIN CORPORATION Reports FY2023 Q4 Earnings Results as of June 30 2023
August 25, 2023
🌥️Earnings Overview
On August 3, 2023, PARKER-HANNIFIN CORPORATION ($NYSE:PH) reported their FY2023 Q4 earnings results for the period ended June 30, 2023. The company’s total revenue grew to USD 5095.9 million, a 21.7% year-over-year increase, while net income for the quarter was USD 709.0 million, significantly higher than the prior year’s figure of 128.8 million.
Market Price
On Thursday, PARKER-HANNIFIN CORPORATION reported its financial results for the fourth quarter of its FY2023 ended June 30 2023. The stock opened at $420.1 and closed at $418.2, up by 3.0% from the previous closing price of $405.9. This was driven by higher demand for both commercial and military aircraft components. Overall, PARKER-HANNIFIN CORPORATION’s performance in the fourth quarter showed strong growth, driven by robust demand across its core segments. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Parker-hannifin Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 19.07k | 2.08k | 10.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Parker-hannifin Corporation. More…
| Operations | Investing | Financing |
| 2.98k | -8.18k | -971.04 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Parker-hannifin Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 29.96k | 19.63k | 80.49 |
Key Ratios Snapshot
Some of the financial key ratios for Parker-hannifin Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.7% | 20.6% | 17.1% |
| FCF Margin | ROE | ROA |
| 13.6% | 20.2% | 6.8% |
Analysis – Parker-hannifin Corporation Intrinsic Value Calculator
At GoodWhale, we have conducted an analysis of the fundamentals of PARKER-HANNIFIN CORPORATION. Our proprietary Valuation Line has calculated the intrinsic value of PARKER-HANNIFIN CORPORATION share to be around $343.7. However, the stock is currently traded at a price of $418.2, which means it is overvalued by 21.7%. This could be an opportunity for investors to either buy the stock or wait for the price to reach the intrinsic value before investing. More…
Peers
Parker Hannifin Corp is one of the leading suppliers of motion and control technologies and systems in the world. The company operates in three segments: industrial, aerospace, and climate control systems. Parker Hannifin has a strong presence in North America, Europe, and Asia. The company’s main competitors are Suzhou Recodeal Interconnect System Co Ltd, Cummins Inc, EnPro Industries Inc.
– Suzhou Recodeal Interconnect System Co Ltd ($SHSE:688800)
Suzhou Recodeal Interconnect System Co Ltd is a leading provider of interconnect solutions in China. The company has a market cap of 12.12B and a ROE of 11.67%. The company provides a wide range of interconnect products and services, including connectors, cable assemblies, and custom interconnect solutions. The company’s products are used in a variety of applications, including telecommunications, data communications, automotive, industrial, and consumer electronics.
– Cummins Inc ($NYSE:CMI)
Cummins Inc is a large American company that designs, manufactures, and markets engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. It is headquartered in Columbus, Indiana. The company has a market cap of $35.3 billion as of 2022 and a return on equity of 19.66%. Cummins Inc designs, manufactures, and sells engines and related technologies for use in on-highway and off-highway vehicles, industrial applications, and power generation systems. It operates in four segments: Engine, Distribution, Components, and Power Systems. The Engine segment provides internal combustion engines for on-highway vehicles, including trucks, buses, construction equipment, agricultural equipment, marine applications, and rail equipment; and off-highway vehicles, such as mining trucks and tractors, excavators, wheel loaders, and diesel-electric locomotives. The Distribution segment offers aftermarket products and services for engines and related products through a network of approximately 600 distributors and approximately 7,000 dealers in more than 190 countries and territories. The Components segment provides critical components that are required to produce its engines, including turbochargers, fuel systems, filtration, emission solutions, and other components; and sells these components to other original equipment manufacturers. The Power Systems segment provides power generation systems that are used in a variety of applications, including backup power, prime power, and continuous power for industrial facilities, such as data centers, hospitals, and retail stores; and for commercial applications, such as office buildings and restaurants.
– EnPro Industries Inc ($NYSE:NPO)
EnPro Industries, Inc. is a diversified industrial company with a focus on engineered products for use in critical applications. The company has three segments: Engineered Products, Industrial Products, and Services. Its products are used in a variety of industries, including aerospace, chemical processing, power generation, oil and gas, and transportation. EnPro Industries was founded in 1884 and is headquartered in Charlotte, North Carolina.
Summary
PARKER-HANNIFIN CORPORATION‘s fourth quarter results for the fiscal year 2023 showed strong growth, with total revenue increasing by 21.7% year-over-year to USD 5095.9 million and net income up significantly to USD 709.0 million from the prior year’s figure of 128.8 million. This strong financial performance pushed the company’s stock price up on the same day, making it a potentially attractive opportunity for investors. Those interested in investing in PARKER-HANNIFIN CORPORATION should do their due diligence, researching the company’s financials, competitive landscape, and potential growth trajectory in order to make an informed decision.
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