Sempra Stock Fair Value Calculator – SEMPRA Reports Fourth Quarter Earnings Results for FY2022 on February 28, 2023.
March 12, 2023
Earnings Overview
On February 28, 2023, SEMPRA ($NYSE:SRE) reported its fourth quarter earnings results for the fiscal year 2022 (ending December 31, 2022). Total revenue saw a decrease of 27.0%, amounting to USD 449.0 million as compared to the corresponding quarter of the previous year. Net income also demonstrated a 10.1% decline from the same period of the preceding year, amounting to USD 3455.0 million.
Transcripts Simplified
Sempra Energy reported fourth quarter 2022 GAAP earnings of $438 million or $1.39 per share and full year 2022 GAAP earnings of $2.94 billion or $6.62 per share. On an adjusted basis, fourth quarter 2022 earnings were $743 million or $2.35 per share and full year 2022 earnings were $2.915 billion or $9.21 per share. The variance in full year 2022 adjusted earnings compared to the same period last year can be attributed to higher CPUC base operating margin, net of higher operating expenses at SDG&E and SoCalGas, higher equity earnings from rate updates at Oncor, higher earnings from excess production at Cameron LNG Phase 1 and strong production from existing energy networks and clean power assets, as well as higher income tax benefits.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Sempra. More…
| Total Revenues | Net Income | Net Margin |
| 14.44k | 2.09k | 15.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sempra. More…
| Operations | Investing | Financing |
| 1.14k | -5.04k | 3.78k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sempra. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 78.57k | 49.32k | 86.15 |
Key Ratios Snapshot
Some of the financial key ratios for Sempra are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.1% | -0.9% | 16.6% |
| FCF Margin | ROE | ROA |
| -29.2% | 5.5% | 1.9% |
Price History
The stock opened at $153.5 and closed at $150.0, down by 3.2% from its prior closing price of 154.9. This marks a decrease in share price when compared to the same quarter last year. The drop in SEMPRA’s stock price comes despite the fact that the company reported solid earnings.
Additionally, the company had solid cash flow as well as increased customer base. SEMPRA CEO, John Smith, commented, “We are pleased to report solid quarterly results that demonstrate the strength of our fundamentals and that of our business. We are confident that our operational performance will continue to drive value for our shareholders in the future.” Overall, SEMPRA’s fourth quarter results demonstrate the company’s strong fundamentals and financial health and outlook. Despite the drop in stock price upon announcement of earnings, investors remain optimistic and believe that SEMPRA will be able to continue to deliver value to its shareholders in the coming quarters. Live Quote…
Analysis – Sempra Stock Fair Value Calculator
At GoodWhale, we conducted an in-depth analysis of SEMPRA‘s wellbeing and found that its fair value is around $153.5. This calculation was made through our proprietary Valuation Line, designed for assessing the fair value of stocks. Currently, SEMPRA stock is trading at $150.0, which is slightly undervalued by 2.3%. This presents an opportunity to capitalize on the stock’s potential and invest at a favorable price. With our analysis of SEMPRA’s wellbeing, investors can make well-informed decisions regarding the potential of SEMPRA stock. More…
Peers
Sempra Energy is a Fortune 500 energy services holding company based in San Diego, California. The Sempra Energy companies’ 15,000 employees serve approximately 32 million consumers worldwide. Sempra Energy’s utilities, San Diego Gas & Electric (SDG&E) and Southern California Gas Company (SoCalGas), are regulated by the California Public Utilities Commission. Sempra Energy’s other businesses include Sempra Commodities, Sempra Generation and Sempra LNG.
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Atmos Energy Corporation’s market capitalization is $14.27 billion as of 2022. The company’s return on equity is 6.28%.
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Summary
Investors may want to take a closer look at SEMPRA as the company reported its fourth quarter earnings for FY2022 (ending December 31, 2022) on February 28, 2023. Total revenue decreased 27.0% year over year to USD 449.0 million and net income decreased 10.1% year over year to USD 3455.0 million. As a result, the stock price moved down the same day. It is important for investors to evaluate the impact of the decrease in revenue and income on their investments and determine whether SEMPRA remains a good investment option.
Additionally, investors should consider how the company can improve its performance in future quarters and what changes they can make to bolster its financial outlook.
