Perimeter Solutions Intrinsic Value Calculator – PERIMETER SOLUTIONS Reports Second Quarter Earnings Results for 2023
August 7, 2023
☀️Earnings Overview
On June 30 2023, PERIMETER SOLUTIONS ($NYSE:PRM) announced its financial results for the second quarter of fiscal year 2023. Total revenue for the quarter was reported as USD 76.1 million, a decrease of 24.6% in comparison to the same period in the previous year. Net income followed the trend, being reported at USD 52.0 million, compared to last year’s USD 7.2 million.
Stock Price
The company opened at $5.5 and closed the day at $6.0, soaring by 11.1% from its prior closing price of 5.4. It was an impressive leap for the company, which is further increasing its presence in the tech market across the country. The company attributed its strong quarter performance to their ability to stay ahead of the curve in terms of new technology and innovation. They are utilizing cutting-edge technologies to improve the efficiency and security of their operations.
The company also invested heavily in research and development over the past quarter, resulting in the development of new and improved products and services. Overall, the financial report from PERIMETER SOLUTIONS reflects their commitment to staying ahead of the competition and delivering the best products and services for their customers. The strong showing of their second quarter earnings results is a testament to their dedication to making sure their customers are satisfied with their services. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Perimeter Solutions. More…
| Total Revenues | Net Income | Net Margin |
| 321.78 | 107.31 | 32.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Perimeter Solutions. More…
| Operations | Investing | Financing |
| -23.76 | -8.98 | -71.65 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Perimeter Solutions. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.39k | 1.21k | 7.6 |
Key Ratios Snapshot
Some of the financial key ratios for Perimeter Solutions are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.6% | – | 47.3% |
| FCF Margin | ROE | ROA |
| -10.2% | 8.2% | 4.0% |
Analysis – Perimeter Solutions Intrinsic Value Calculator
At GoodWhale, we recently conducted an analysis of PERIMETER SOLUTIONS‘s wellbeing and the results were quite encouraging. According to our proprietary Valuation Line, the fair value of PERIMETER SOLUTIONS share is around $9.1. However, currently the stock is being traded at $6.0, indicating that the stock is undervalued by 33.8%. We believe that this presents a great opportunity to invest in PERIMETER SOLUTIONS for those who are seeking long term returns. More…
Peers
Graphene is a material that is made up of carbon atoms that are arranged in a hexagonal lattice. The company has a lot of experience in the production of graphene and has been able to produce it in large quantities. The company has a lot of experience in the production of graphene and has been able to produce it in large quantities. The company’s main competitors are Directa Plus PLC, Anshan Hifichem Co Ltd, and Shenzhen Cotran New Material Co Ltd.
– Directa Plus PLC ($LSE:DCTA)
Directa Plus PLC is a UK-based manufacturer and supplier of graphene and other nanomaterials. The company has a market capitalization of £56.48 million as of 2022 and a return on equity of -20.11%. Directa Plus PLC’s products are used in a variety of applications, including energy, electronics, and healthcare. The company has a strong research and development team that is constantly innovating new uses for graphene and other nanomaterials. Directa Plus PLC is a publicly traded company listed on the London Stock Exchange.
– Anshan Hifichem Co Ltd ($SZSE:300758)
Anshan Hifichem Co Ltd is a company that produces and sells chemicals. The company has a market cap of 4.86B as of 2022 and a return on equity of 3.54%. The company’s products are used in a variety of industries, including agriculture, automotive, construction, and healthcare.
– Shenzhen Cotran New Material Co Ltd ($SZSE:300731)
Shenzhen Cotran New Material Co Ltd is a Chinese company that manufactures and sells a variety of chemical products. The company has a market cap of 2.42B as of 2022 and a Return on Equity of -8.09%. The company’s products include a range of chemicals used in the textile, plastics, and electronics industries.
Summary
PERIMETER SOLUTIONS reported its earnings results for the second quarter of fiscal year 2023 on June 30 2023. Their total revenue decreased by 24.6% from the same period last year, with net income also decreasing to USD 52.0 million compared to USD 7.2 million in the previous year. Despite the negative results, investors reacted positively to the news with the stock price moving up the same day.
This could be a sign that investors are looking beyond the current quarter to see the potential growth of the company in upcoming quarters. Investors should carefully consider the outlook for PERIMETER SOLUTIONS before investing.
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