Ufp Technologies Stock Fair Value – UFP TECHNOLOGIES Reports Third Quarter FY2023 Earnings on November 9th, 2023
November 21, 2023
🌥️Earnings Overview
UFP ($NASDAQ:UFPT) Technologies released their financial results for Q3 of FY2023, ending September 30, 2023, on November 9, 2023. Total revenue for the quarter was reported at USD 100.8 million, a 3.9% increase compared to the same period in the previous year; however, net income took a 40.2% hit, amounting to USD 11.7 million.
Share Price
On November 9th, 2023, UFP TECHNOLOGIES reported its third quarter earnings. On Thursday, UFP TECHNOLOGIES stock opened at $139.0 and closed at $136.6, down 2.2% from the previous closing price of $139.8. Despite the decline in share price, the company still reported a strong financial performance for the quarter. UFP TECHNOLOGIES also reported strong growth in its core businesses.
Overall, UFP TECHNOLOGIES reported a strong financial performance for the third quarter. Despite a decline in share price, investors remain optimistic about the company’s prospects going forward. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ufp Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 389.81 | 41.78 | 11.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ufp Technologies. More…
| Operations | Investing | Financing |
| 46.52 | -10.7 | -39.5 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ufp Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 399.81 | 127.43 | 35.66 |
Key Ratios Snapshot
Some of the financial key ratios for Ufp Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 28.3% | 46.9% | 14.2% |
| FCF Margin | ROE | ROA |
| 9.2% | 13.0% | 8.7% |
Analysis – Ufp Technologies Stock Fair Value
At GoodWhale, we conducted a thorough analysis of UFP TECHNOLOGIES‘ fundamentals, and with our proprietary Valuation Line we calculated the intrinsic value of their share to be approximately $124.1. Currently, UFP TECHNOLOGIES’ stock is trading at $136.6, making them a fair price, albeit slightly overvalued by 10.0%. More…
Peers
Armm Inc, Integer Holdings Corp, Pace Medical Inc are its competitors.
– Armm Inc ($OTCPK:ARMM)
Fidelity National Information Services, Inc. is a financial services technology company. It provides technology solutions to the banking, payments, asset and wealth management industries. The company has a market cap of $34.19 billion and a return on equity of 5.18%.
Summary
UFP Technologies has released their earnings report for the third quarter of FY2023, with total revenue increasing 3.9% to USD 100.8 million compared to the same period last year. Net income, however, has decreased 40.2% to USD 11.7 million. Investors looking to invest in this company should consider the positive revenue growth and the negative net income to assess the overall performance of UFP Technologies. Additionally, it is important to note that this is only a single quarter’s worth of financials and investors should conduct further research into the company before investing.
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