Valuetronics Holdings Intrinsic Value Calculator – VALUETRONICS HOLDINGS Reports Q2 FY2024 Earnings Results for Period Ending September 30 2023

🌥️Earnings Overview

On November 9 2023, VALUETRONICS HOLDINGS ($SGX:BN2) reported their Q2 FY2024 earnings results for the period ending September 30 2023. Compared to the same period in the previous year, total revenue decreased by 15.2% to HKD 891.4 million; while net income increased by 42.0% to HKD 82.1 million.

Share Price

The stock opened at SG$0.5 and closed the day at SG$0.5, representing a 0.9% dip from its prior closing price of 0.5. Overall, VALUETRONICS HOLDINGS had a mixed quarter, with revenue and net profit both lower than the same period last year. However, the company did experience a slight increase in their cash and total assets, which could indicate a more positive trend in future earnings reports for VALUETRONICS HOLDINGS. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Valuetronics Holdings. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Valuetronics Holdings. More…

Balance Sheet Snapshot

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

Key Ratios Snapshot

Some of the financial key ratios for Valuetronics Holdings are shown below. More…

Analysis – Valuetronics Holdings Intrinsic Value Calculator

GoodWhale’s analysis of VALUETRONICS HOLDINGS shows that its intrinsic value is around SG$0.4. Our proprietary Valuation Line takes into account factors such as financial statements and market conditions to determine the fair value of a stock. With this data, we can say that VALUETRONICS HOLDINGS stock is currently trading at SG$0.5, making it slightly overvalued by 14.6%. More…

Peers

The competition between Valuetronics Holdings Ltd and its competitors Kitron ASA, Jabil Inc, and Wise Ally International Holdings Ltd is fierce. As technological advances give businesses greater flexibility and new opportunities in the global marketplace, these companies are constantly striving to outsmart one another in order to remain competitive. Valuetronics Holdings Ltd is no exception, working hard to stay ahead of its competitors and bring innovative products to the market.

– Kitron ASA ($LTS:0F0J)

Kitron ASA is a Norwegian public electronics manufacturing service provider. Founded in 1997, Kitron specializes in the production of high-complexity products for customers primarily within the industrial, medical, defense, and offshore/energy industries. As of 2023, the company has a market cap of 6.42B and a Return on Equity of 24.57%. Kitron’s strong market cap and ROE indicate that it has established itself as a reliable service provider within its industries. Through its ongoing commitment to quality, cost-efficiency, and customer satisfaction, Kitron has been able to maintain a healthy financial position and continue to expand its customer base.

– Jabil Inc ($NYSE:JBL)

Jabil Inc is a technology solutions provider delivering comprehensive design, manufacturing, supply chain and product management services. As of 2023, the company has a market capitalization of over $17.1 billion, reflecting its success in the industry. Jabil Inc also has a high return on equity of 35.94%, indicating that it is able to generate above-average returns from its investments. The company is focused on providing a range of services for its customers, from product design and development to global supply chain management and aftermarket services. Its offerings enable customers to source reliable products with efficient supply chains, allowing them to reduce costs and time to market.

– Wise Ally International Holdings Ltd ($SEHK:09918)

Wise Ally International Holdings Ltd is a multi-national corporation which engages in technology and financial services. The company is listed on the Hong Kong Stock Exchange and as of 2023, its market cap is valued at 52M. Wise Ally International Holdings Ltd has a Return on Equity (ROE) of 11.13% which is significantly higher than the industry average of 8%, representing an efficient use of the company’s retained earnings. This indicates that the company is effectively managing its shareholders’ investments and is able to generate profits in a consistent manner.

Summary

Valuetronics Holdings has reported their Q2 FY2024 earnings, with total revenue of HKD 891.4 million, a 15.2% decrease from the same period last year. Net income was up 42.0% year over year at HKD 82.1 million. These results present an interesting investing opportunity for investors; despite the decrease in revenue, the higher net income could indicate that the company’s cost-cutting measures are effective and that gross profit is increasing. Further research into the company’s financials and assets should be undertaken by potential investors to get a better idea of their prospects.