Sylvamo Corporation Stock Intrinsic Value – SYLVAMO CORPORATION Reports Third Quarter Earnings Results for FY2023

🌥️Earnings Overview

SYLVAMO CORPORATION ($NYSE:SLVM) reported their financial results for the third quarter of FY2023, concluding on September 30th 2023. Total revenue was USD 897.0 million, representing a 7.3% decrease year-over-year. Despite this, net income saw an increase of 1.8%, amounting to USD 58.0 million.

Market Price

The reporting period showed a promising outlook for the company. Upon announcement of its results, SYLVAMO CORPORATION’s stock opened at $47.3 and closed at $45.7, indicating a 3.9% increase from the previous closing price of 44.0. The results revealed a considerable improvement in profitability and efficiency since the same period last year.

On the back of these results, analysts have upgraded their estimates for the company’s future performance. With this positive outlook, SYLVAMO CORPORATION appears to be well-positioned to deliver sustainable growth in the coming quarters. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Sylvamo Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Sylvamo Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Sylvamo Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Sylvamo Corporation are shown below. More…

Analysis – Sylvamo Corporation Stock Intrinsic Value

At GoodWhale, we have conducted an analysis of SYLVAMO CORPORATION‘s financials and are pleased to present our findings. Our proprietary Valuation Line gives us a fair value of SYLVAMO CORPORATION shares of around $105.2. However, the stock is currently trading at only $45.7, which is significantly undervalued – a whopping 56.6%. This presents an excellent opportunity for investors to get in on the stock at an attractive price. More…

Peers

Sappi Ltd, Nine Dragons Paper (Holdings) Ltd, and Tamil Nadu Newsprint & Papers Ltd are its main competitors.

– Sappi Ltd ($OTCPK:SPPJY)

Sappi Ltd is a global company that produces and sells dissolving wood pulp, paper pulp, and paper-based products. The company has a market cap of 1.62B as of 2022 and a Return on Equity of 19.4%. Sappi has operations in over 40 countries and employs over 11,000 people. The company’s products are used in a variety of industries, including textiles, food and beverage, pharmaceuticals, and construction.

– Nine Dragons Paper (Holdings) Ltd ($SEHK:02689)

As of 2022, Nine Dragons Paper (Holdings) Ltd has a market cap of 22.43B and a Return on Equity of 5.49%. The company produces recycled paper and paperboard products. It is the largest recycled paper manufacturer in China and the world.

– Tamil Nadu Newsprint & Papers Ltd ($BSE:531426)

Tamil Nadu Newsprint & Papers Ltd is a leading producer of newsprint and paper products in India. The company has a market cap of 18.77B as of 2022 and a return on equity of 10.38%. The company’s products include newsprint, writing and printing paper, packaging paper, and specialty paper. TNPL is one of the largest newsprint producers in the world and is also one of the largest paper producers in India. The company has a strong presence in the Indian market and is a major player in the global paper market.

Summary

Investors reacted positively to the third quarter earnings results of SYLVAMO CORPORATION, despite total revenue decreasing by 7.3% year over year. Net income rose by 1.8% year over year, totaling USD 58.0 million. This is seen as a sign of increased efficiency and strength in the company’s operations. As a result, the stock price moved up the same day, indicating that investors are confident in the company’s ability to continue to perform well despite challenging economic conditions.