Rh Stock Intrinsic Value – RH Reports 800.5 Million in Revenue and 76.5 Million in Net Income for FY2024 Q2

🌥️Earnings Overview

On September 7 2023, RH ($NYSE:RH) reported a total revenue of USD 800.5 million and net income of USD 76.5 million for the quarter ending July 31 2023. This marked a 19.3% and 37.5% decrease in revenue and net income compared to the same period in the prior year, respectively, for FY2024 Q2.

Price History

Despite these positive results, RH stock opened at $370.3 and closed at $368.6, down by 1.3% from the last closing price of 373.3. This decline in stock prices can be attributed to the high market expectations regarding RH’s performance in the quarter. The company’s earnings were slightly lower than analysts had predicted, leading to the dip in stock prices. Despite the slight dip in its stock prices, RH is still in a good financial position and is expected to generate more revenue in the coming quarters due to its cost-cutting measures and improved operational efficiencies. rh&utm_title=RH_Reports_800.5_Million_in_Revenue_and_76.5_Million_in_Net_Income_for_FY2024_Q2″>Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Rh. rh&utm_title=RH_Reports_800.5_Million_in_Revenue_and_76.5_Million_in_Net_Income_for_FY2024_Q2″>More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Rh. rh&utm_title=RH_Reports_800.5_Million_in_Revenue_and_76.5_Million_in_Net_Income_for_FY2024_Q2″>More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Rh. rh&utm_title=RH_Reports_800.5_Million_in_Revenue_and_76.5_Million_in_Net_Income_for_FY2024_Q2″>More…

Key Ratios Snapshot

Some of the financial key ratios for Rh are shown below. rh&utm_title=RH_Reports_800.5_Million_in_Revenue_and_76.5_Million_in_Net_Income_for_FY2024_Q2″>More…

Analysis – Rh Stock Intrinsic Value

GoodWhale has conducted an analysis of RH’s wellbeing and determined its fair value to be around $447.6. This value was calculated through our proprietary Valuation Line, which takes into account a wide range of metrics to come up with a fair value for a stock. Currently, RH stock is trading at $368.6, meaning it is undervalued by 17.7%. This presents a good opportunity for investors to buy RH stock in order to take advantage of the current market situation. rh&utm_title=RH_Reports_800.5_Million_in_Revenue_and_76.5_Million_in_Net_Income_for_FY2024_Q2″>More…

Peers

Furnishing a home can be a daunting task, but with the help of a reliable home décor company, it can be a fun and exciting experience.

However, RH is not the only home décor company out there. Other popular home décor companies include Maisons du Monde (France), 1847 Goedeker Inc. (USA), and BHG Group AB (Sweden).

– Maisons du Monde France SA ($BER:ZMM)

As of 2022, Maisons du Monde France SA has a market cap of 484.17M and a Return on Equity of 9.35%. The company is a leading retailer of home furnishings and decoration in France.

– 1847 Goedeker Inc ($NYSEAM:GOED)

BHG Group AB, through its subsidiaries, provides services in the areas of healthcare, education, and social services in Sweden. The company offers healthcare services, such as medical care, nursing care, and home healthcare; educational services, including preschools, schools, and adult education; and social services comprising housing and residential care, employment and integration, and crime prevention. As of 2022, the company had a market cap of 2.87B and a ROE of 0.01%.

Summary

Investors appear to be pleased with RH‘s financial performance for the quarter ending July 31 2023, as the company reported total revenue of USD 800.5 million and net income of USD 76.5 million, representing a 19.3% and 37.5% decrease in revenue and net income respectively compared to the same period in the prior year. This performance is a positive sign for RH’s potential in the future and could be considered a sign of progress towards stronger fiscal standing.