Radware Ltd Intrinsic Stock Value – RADWARE LTD Reports Fourth Quarter of FY 2022 Earnings Results on December 31 2022.
March 12, 2023
Earnings Overview
RADWARE LTD ($NASDAQ:RDWR) reported total revenue of USD -4.1 million for the fourth quarter of fiscal year 2022, ending February 8 2023, representing an increase of 26.3% compared to the same quarter of the previous year. Net income, however, decreased 3.3% year-over-year to USD 74.1 million.
Transcripts Simplified
Radware Ltd reported quarterly revenue of $74.1 million, a 3% decrease year-over-year. Cloud and subscription business revenue and ARR grew 13% and 7% during 2022. Revenue in the Americas, EMEA and APAC saw a 2%, 18%, and 14% growth respectively for Q4 2022 and a 4%, 6%, and 10% growth for the full-year 2022. Gross margin in Q4 2022 was 82.7%.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Radware Ltd. More…
| Total Revenues | Net Income | Net Margin |
| 293.43 | -0.17 | -0.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Radware Ltd. More…
| Operations | Investing | Financing |
| 32.15 | -56.02 | -22.46 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Radware Ltd. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 647.4 | 278.96 | 7.59 |
Key Ratios Snapshot
Some of the financial key ratios for Radware Ltd are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.2% | 34.3% | -1.1% |
| FCF Margin | ROE | ROA |
| 8.0% | -0.6% | -0.3% |
Stock Price
On Wednesday, December 31 2022, RADWARE LTD reported its financial results for the fourth quarter of fiscal year 2022. According to the report, RADWARE LTD’s stock opened at $21.8 and closed at $20.6, which represents a 7.1% drop from the previous closing price of 22.2. This marks the lowest point for RADWARE LTD’s stock since October. Although the financial performance of the company showed a slight improvement from the preceding quarter, the overall market sentiment weighed down RADWARE LTD’s stock performance.
While these results show some progress, analysts are still cautious about the stock’s future performance. Looking ahead to FY2023, RADWARE LTD has outlined plans to invest more heavily in research and development, as well as focus on expanding into new markets. With a strong team at the helm, RADWARE LTD is well placed to deliver improved performance in the future. Live Quote…
Analysis – Radware Ltd Intrinsic Stock Value
At GoodWhale, we have conducted an analysis of RADWARE LTD‘s fundamentals and found that the intrinsic value of their share is around $25.0, calculated using our proprietary Valuation Line model. At the current market price of $20.6, we believe that the stock is undervalued by 17.6%. This presents an opportunity for investors to capitalize on this discrepancy between the estimated value and market price. More…
Peers
Radware Ltd (RDWR) is an Israeli provider of cyber security and application delivery solutions. The company’s product portfolio includes application delivery controllers, advanced application and network security solutions, and application delivery networking products. Radware’s products are used by enterprises and service providers to ensure the availability, performance, and security of their applications. The company has a market capitalization of $1.4 billion and its shares are traded on the Nasdaq Stock Market. RDWR competes with Gawk Inc, BizConf Telecom Co Ltd, Allot Ltd, among others.
– Gawk Inc ($OTCPK:GAWK)
Gawk Inc is a publicly traded company with a market capitalization of $26.16 million as of 2022. The company has a return on equity of 27.64%. Gawk Inc is a provider of live streaming, video on demand, and pay-per-view content. The company offers its services to customers in the United States and Canada.
– BizConf Telecom Co Ltd ($SZSE:300578)
BizConf Telecom Co Ltd is a leading provider of telecommunications services in China. The company has a market cap of 3.25 billion as of 2022 and a return on equity of -7.87%. The company offers a wide range of telecommunications services, including mobile voice and data services, fixed-line voice and data services, broadband Internet services, and enterprise communications services. BizConf Telecom Co Ltd is dedicated to providing high-quality, innovative, and affordable telecommunications services to meet the needs of its customers.
– Allot Ltd ($NASDAQ:ALLT)
Allot Ltd is a company that provides communication and internet services. Its market cap is 163.81M as of 2022 and its ROE is -8.76%. The company has been facing some financial difficulties recently, which has led to its market cap and ROE declining. Allot Ltd is a company that provides communication and internet services. Its market cap is 163.81M as of 2022 and its ROE is -8.76%. The company has been facing some financial difficulties recently, which has led to its market cap and ROE declining.
Summary
RADWARE LTD reported its financial results for the fourth quarter of its 2022 fiscal year, and the numbers showed mixed performance. Total revenue saw an impressive increase of 26.3% from the same quarter of the previous year, but net income decreased 3.3%. As a result, investors reacted negatively and the stock price dropped on the same day.
For potential investors, this means that RADWARE LTD may be a risky investment with its current financial performance. Nevertheless, investors may also see potential in its positive revenue growth and could consider investing depending on their risk tolerance and financial goals.
