Westrock Coffee Intrinsic Stock Value – WESTROCK COFFEE Reports Robust Q2 Earnings Results for Fiscal Year 2023
August 15, 2023
☀️Earnings Overview
On June 30, 2023, WESTROCK COFFEE ($NASDAQ:WEST) announced their fiscal year 2023 Q2 earnings results. Total revenue for the quarter totaled USD 224.7 million, showing a 0.6% rise from the same period of the prior year. The reported net income for Q2 was USD -26.8 million, a decrease from the prior year’s -5.7 million.
Share Price
The stock opened at $10.8 and closed at $10.9, up by 1.5% from its previous closing price of 10.7. This is a testament to the strength of the company’s financial performance during this period. Furthermore, WESTROCK COFFEE‘s total expenses decreased by 6%, reflecting a commitment to cost control and improved efficiency.
In addition, WESTROCK COFFEE announced plans to open several new stores in the upcoming year, expecting to see a further boost in their profits from this move. They also plan to expand their range of products and services in order to cater to their growing customer base. Overall, these strong earnings results reflect WESTROCK COFFEE’s continued commitment to providing its customers with quality products and services. With these initiatives in place, the company is well-positioned for continued success in the years ahead. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Westrock Coffee. More…
| Total Revenues | Net Income | Net Margin |
| 888.17 | -84.66 | -4.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Westrock Coffee. More…
| Operations | Investing | Financing |
| -45.32 | -119.38 | 175.78 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Westrock Coffee. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 822.31 | 561.54 | 3.44 |
Key Ratios Snapshot
Some of the financial key ratios for Westrock Coffee are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | -4.4% |
| FCF Margin | ROE | ROA |
| -16.8% | -8.9% | -3.0% |
Analysis – Westrock Coffee Intrinsic Stock Value
At GoodWhale, we have analyzed the financials of WESTROCK COFFEE and come up with an intrinsic value of their shares around $11.8. This was calculated through our proprietary Valuation Line, which used complex algorithms to assess the company’s performance and growth potential. Despite this being a fair price for the stock, it is currently being traded at $10.9, resulting in a 7.3% undervaluation of WESTROCK COFFEE. This could present an opportunity for investors to buy the stock at a discounted price and potentially gain from it in the long run. More…
Peers
Westrock Coffee Co is one of the major players in the coffee industry, competing with Microalliance Group Inc, HuuNghi Food JSC, and New Zealand Coastal Seafoods Ltd. All four companies are making strides in the industry to provide customers with high-quality coffee and related products.
– Microalliance Group Inc ($OTCPK:MALG)
Microalliance Group Inc is a provider of comprehensive IT services and solutions. It serves a wide range of industries, including finance, healthcare, retail, and education. The company has a market capitalization of 792.11M as of 2023, which measures its total value and reflects the company’s performance in the stock market. Additionally, the company has also achieved a Return on Equity of 26.89%, which demonstrates its ability to generate profits from its shareholders’ investments. The high market capitalization and return on equity are indicative of strong financial performance and demonstrate the company’s ability to maximize its shareholder value.
– HuuNghi Food JSC ($HNX:HNF)
New Zealand Coastal Seafoods Ltd is a seafood processing and marketing company based in New Zealand. The company specializes in the harvesting, processing, and marketing of a variety of seafood products, including fish, shellfish, and other marine-sourced products. As of 2023, the company has a market cap of 4.96M, reflecting the combined value of its common stock outstanding. Its Return on Equity (ROE) is -618.15%, indicating that investors have not been impressed by the company’s overall performance and/or may be experiencing financial difficulties.
Summary
Investors analyzing Westrock Coffee‘s financials for the second quarter of 2023 should be aware of the 0.6% year-on-year increase in total revenue, which amounted to USD 224.7 million. However, despite this increase, the company reported a net loss of -26.8 million, a significant decrease from the -5.7 million reported the previous year. For investors considering investing in Westrock Coffee, it is important to observe these results and consider their implications before making an investment decision.
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