Rover Group Intrinsic Value Calculator – ROVER GROUP Reports 30.2% YoY Revenue Increase in Q3 FY2023 With USD 66.2 Million Total Revenue
November 20, 2023
☀️Earnings Overview
ROVER GROUP ($NASDAQ:ROVR) announced their FY2023 Q3 earnings on November 6 2023, showing a total revenue of USD 66.2 million – a 30.2% increase from the same quarter in the prior year. Net income was USD 10.5 million, an impressive 167.9% year-over-year increase.
Analysis – Rover Group Intrinsic Value Calculator
GoodWhale has conducted an analysis of ROVER GROUP‘s fundamentals. Our proprietary Valuation Line shows that the intrinsic value of ROVER GROUP share is around $11.8. This means that the stock is currently trading at $6.5, which is undervalued by 45.1%. This provides a great opportunity to invest in ROVER GROUP at a discounted rate and potentially generate high returns. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Rover Group. More…
| Total Revenues | Net Income | Net Margin |
| 217.8 | 10.86 | 7.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Rover Group. More…
| Operations | Investing | Financing |
| 16.56 | 92.7 | -42.06 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Rover Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 396.89 | 107.07 | 1.6 |
Key Ratios Snapshot
Some of the financial key ratios for Rover Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 22.3% | – | 5.7% |
| FCF Margin | ROE | ROA |
| 3.6% | 2.7% | 2.0% |
Peers
It has a number of subsidiaries that provide a range of services for pet owners, including dog walking, pet sitting, and dog boarding. The company also offers a range of pet-related products, including pet insurance and pet food. Rover Group Inc competes with a number of other companies in the pet care industry, including Mad Paws Holdings Ltd, Bright Horizons Family Solutions Inc, and Poppins Corp.
– Mad Paws Holdings Ltd ($ASX:MPA)
Mad Paws Holdings Ltd is an online marketplace for pet services. The company has a market cap of 38.22M as of 2022 and a Return on Equity of -36.33%. Mad Paws connects pet owners with pet care providers in their local area. The company offers a variety of services, including dog walking, pet sitting, and dog boarding.
– Bright Horizons Family Solutions Inc ($NYSE:BFAM)
Bright Horizons Family Solutions Inc is a company that provides child care and early education services. It has a market cap of 3.45B as of 2022 and a ROE of 8.28%. The company has a strong focus on quality and its services are highly rated by parents. It operates in the United States, the United Kingdom, Canada, and India.
– Poppins Corp ($TSE:7358)
Poppins Corp is a leading provider of market intelligence and analysis, with a market cap of 14.92B as of 2022. The company has a strong return on equity of 11.05%, and is considered a reliable source of information and insights on the markets. Poppins Corp provides data and analysis on a wide range of topics, including economic indicators, company financials, and industry trends. The company’s products and services are used by a variety of clients, including investment banks, hedge funds, and private equity firms.
Summary
ROVER GROUP‘s Q3 FY2023 results have demonstrated impressive growth. Total revenue has increased by 30.2%, reaching USD 66.2 million. Net income has seen an even greater increase of 167.9% to USD 10.5 million year-on-year.
This is a strong sign that ROVER GROUP is continuing to expand their operations and is a good opportunity for investors. The company is on a clear upward trajectory and has potential for further growth in the future.
