Selectquote Stock Fair Value – SELECTQUOTE Reports 59.1% Increase in Revenue for Fourth Quarter of FY2023
September 16, 2023
☀️Earnings Overview
For the fourth quarter of FY2023 (ending June 30 2023), SELECTQUOTE ($NYSE:SLQT) reported total revenue of USD 221.8 million, a 59.1% increase compared to the same period in the prior year. Net income for the quarter was USD -47.8 million, a significant improvement from the -104.7 million reported in the same quarter of the previous year. The earnings results were announced on September 13 2023.
Analysis – Selectquote Stock Fair Value
GoodWhale has conducted an analysis of SELECTQUOTE‘s financials and concluded that the stock is undervalued by a whopping 89.8%. Our proprietary Valuation Line determined that the intrinsic value of each SELECTQUOTE share should be around $10.8, while the current market price is only at $1.1, creating an immense opportunity for investors. This means that SELECTQUOTE stock is trading at a deep discount, making it a great potential investment. With the right research and strategy, investors can take advantage of this opportunity to capitalize on the undervalued stock. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Selectquote. SELECTQUOTE_Reports_59.1_Increase_in_Revenue_for_Fourth_Quarter_of_FY2023″>More…
| Total Revenues | Net Income | Net Margin |
| 1k | -58.54 | -5.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Selectquote. SELECTQUOTE_Reports_59.1_Increase_in_Revenue_for_Fourth_Quarter_of_FY2023″>More…
| Operations | Investing | Financing |
| -19.38 | -9.12 | -29.34 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Selectquote. SELECTQUOTE_Reports_59.1_Increase_in_Revenue_for_Fourth_Quarter_of_FY2023″>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.22k | 872.28 | 2.08 |
Key Ratios Snapshot
Some of the financial key ratios for Selectquote are shown below. SELECTQUOTE_Reports_59.1_Increase_in_Revenue_for_Fourth_Quarter_of_FY2023″>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 23.6% | -55.6% | 1.1% |
| FCF Margin | ROE | ROA |
| -2.8% | 1.9% | 0.6% |
Peers
The company has been in operation for more than 10 years and has a strong presence in the United States. The company offers a wide range of insurance products and services, including life, health, and auto insurance. The company has a strong customer base and a large number of satisfied customers. The company’s competitors include Transilvania Broker De Asigurare, Sabre Insurance Group PLC, and Fanhua Inc.
– Transilvania Broker De Asigurare ($LTS:0TCR)
Sabre Insurance Group PLC is a United Kingdom-based holding company engaged in the provision of general insurance products. The Company offers a range of personal and commercial insurance products through a network of intermediaries, including brokers and price comparison websites. It operates through three segments: Motor, Household and Commercial.
– Sabre Insurance Group PLC ($LSE:SBRE)
Founded in 2001, Fanhua Inc. is a leading provider of financial services in China. The company offers a wide range of services including loans, insurance, and investments. As of 2022, Fanhua Inc. had a market capitalization of 272.87 million and a return on equity of 6.21%. The company is headquartered in Guangzhou, China.
Summary
Investors reacted negatively when SELECTQUOTE reported their financial results for the fourth quarter of FY2023. Total revenue reached USD 221.8 million, representing a 59.1% increase year-over-year.
However, despite the revenue growth, net income remained negative at -47.8 million, although this figure marked an improvement from the -104.7 million reported in the same quarter of the prior year. The stock price dropped following the announcement of these figures, reflecting investor sentiment that the company is still facing financial challenges. Investors should continue to monitor SELECTQUOTE closely as they strive to turn their business around.
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