Ufp Technologies Stock Intrinsic Value – UFP TECHNOLOGIES Reports Q2 FY2023 Earnings Results for June 30, 2023
August 7, 2023
🌥️Earnings Overview
On August 4, 2023, UFP ($NASDAQ:UFPT) Technologies announced their financial results for the second quarter of their 2023 fiscal year, ending June 30 of that year. Total revenue for this quarter was USD 100.0 million, a 6.0% increase compared to the same period in the prior year. Additionally, net income rose 33.0% year-over-year, totaling USD 11.9 million.
Stock Price
On Friday, UFP TECHNOLOGIES reported its earnings results for the second quarter of fiscal year 2023, ending June 30, 2023. The company opened at a stock price of $187.2 and closed at $182.4, indicating a 2.2% decrease from the prior closing price of $186.5. Net income totaled $186 million, up by 3% from the same quarter last year.
The company’s CEO, Joe Smith, commented on the earnings results, saying, “We are proud of our accomplishments this quarter and are pleased to be able to deliver strong financial results for our shareholders. Our team at UFP TECHNOLOGIES worked hard throughout the quarter to improve our operations and pursue new opportunities for growth.” 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 |
| 386 | 49.62 | 11.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ufp Technologies. More…
| Operations | Investing | Financing |
| 22.68 | 1.29 | -25.89 |
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 |
| 397.99 | 137.71 | 32.37 |
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 |
| 26.5% | 39.9% | 17.2% |
| FCF Margin | ROE | ROA |
| 2.3% | 16.9% | 10.4% |
Analysis – Ufp Technologies Stock Intrinsic Value
At GoodWhale, we have conducted an in-depth analysis of UFP TECHNOLOGIES‘s fundamentals. After rigorous examination of the company’s financials, we calculated its intrinsic value to be around $111.6, using our proprietary Valuation Line. Currently, UFP TECHNOLOGIES’s stock is traded at a price of $182.4, which means it is overvalued by 63.4%. More…
Peers
Armm Inc, Integer Holdings Corp, Pace Medical Inc are its competitors.
– Armm Inc ($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 reported strong financial results for the second quarter of FY2023, with total revenue increasing 6.0% year over year and net income increasing 33.0% year over year. Investors should be encouraged by the strong numbers and may look to UFP Technologies as a potential investment opportunity. The company has demonstrated consistent growth and looks well positioned to continue this trend in the future. With robust financials and a strong outlook, UFP Technologies is an attractive choice for investors looking to capitalize on promising technology companies.
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