Ufp Industries Intrinsic Stock Value – UFP INDUSTRIES Reports Q2 Fiscal Year 2023 Earnings Results
August 21, 2023
🌥️Earnings Overview
On August 9 2023, UFP INDUSTRIES ($NASDAQ:UFPI) reported their earnings results for the second quarter of the fiscal year 2023, ending June 30 2023. Total revenue and net income were both unchanged from the same period in the previous year, standing at USD 2043.9 million and USD 150.8 million respectively.
Share Price
The stock opened at $102.0 and closed at $101.4, down by 0.6% from the last closing price of $102.0. This is indicative of a decrease in the market sentiment towards UFP INDUSTRIES and their financial performance for the quarter. The company failed to meet analysts’ expectations and investors were quick to respond to the news. UFP INDUSTRIES has been underperforming in the market for a few quarters now, and investors are concerned about their future prospects. The general sentiment towards the company is that its financial performance is not up to par with what was expected of it. Investors are keenly watching the company’s performance, and any further downward trend could be cause for alarm. The company’s management has stated that they are taking steps to improve their financial performance in the coming quarters.
They are investing heavily in research and development to create innovative products that can increase their market share and enhance their profitability. Meanwhile, UFP INDUSTRIES is also looking to diversify their portfolio by investing in new markets and expanding their presence in existing ones. All in all, UFP INDUSTRIES has reported mixed results for the quarter, and investors remain cautious about its future prospects. The company needs to show clear signs of improvement if its stock is to regain investor confidence and break out of its current downward trend. In the coming months, investors will be watching UFP INDUSTRIES closely to see if they can deliver on their promises and return to profitability. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ufp Industries. More…
| Total Revenues | Net Income | Net Margin |
| 8.1k | 564.22 | 7.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ufp Industries. More…
| Operations | Investing | Financing |
| 1.06k | -320.48 | -182.24 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ufp Industries. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.84k | 1k | 45.93 |
Key Ratios Snapshot
Some of the financial key ratios for Ufp Industries are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 22.2% | 40.3% | 9.4% |
| FCF Margin | ROE | ROA |
| 10.8% | 17.1% | 12.4% |
Analysis – Ufp Industries Intrinsic Stock Value
As GoodWhale, we recently conducted an analysis of UFP INDUSTRIES‘s wellbeing. We used our proprietary Valuation Line to determine the fair value of UFP INDUSTRIES share to be around $77.8. However, we observed that the current stock price of UFP INDUSTRIES is at $101.4. This shows that the stock is being traded at an overvaluation of 30.3%. We believe that this might be an opportune time for investors to consider taking profits and allocating their capital to other opportunities. More…
Peers
UFP Industries Inc is one of the largest producers of wood products in North America. The company’s competitors include Blue Star Opportunities Corp, Interfor Corp, and West Fraser Timber Co. Ltd.
– Blue Star Opportunities Corp ($OTCPK:BSTO)
Interfor Corp is a Canadian forestry company with operations in British Columbia, Washington state, and Oregon. The company has a market cap of 1.23 billion Canadian dollars as of 2022. The company’s return on equity is 34.77%. Interfor Corp is engaged in the business of growing and harvesting trees, and manufacturing and selling lumber and wood products. The company’s products are used in the construction, industrial, and retail markets.
– Interfor Corp ($TSX:IFP)
As of 2022, West Fraser Timber Co. Ltd. had a market capitalization of $8.54 billion. The company had a return on equity of 26.74%. West Fraser Timber Co. Ltd. is a forest products company that produces lumber, wood chips, and other forest products. The company was founded in 1955 and is headquartered in Vancouver, Canada.
Summary
UFP Industries reported their second quarter of 2023 earnings results on August 9, showing no change in total revenue and net income from the previous year. This has been attributed to a slowing economic climate, with consumers showing a reduced appetite for discretionary spending. Despite this, UFP Industries saw their earnings remain steady, indicating that they have been well-managed and have been able to weather the economic downturn well.
Furthermore, their strong balance sheet is healthy and demonstrates their ability to stay competitive in a challenging market. Investors may view UFP Industries as a safe bet with a low risk profile and a long track record of reliable performance.
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