Whirlpool Corporation Intrinsic Stock Value – WHIRLPOOL CORPORATION Reports Positive Fourth Quarter Financial Results for FY2022
April 1, 2023
Earnings Overview
For the fourth quarter of the fiscal year 2022, WHIRLPOOL CORPORATION ($NYSE:WHR) reported total revenue of USD -1605.0 million, a decrease of 638.6% compared to the same period in the prior year. Net income for the quarter was USD 4923.0 million, a decrease of 15.3% year over year.
Transcripts Simplified
Whirlpool is expecting a revenue decline of 1% to 2% in 2023 due to softer consumer demand and sentiment. As they reset their cost structure, they are expecting free cash flow of approximately $800 million and an ongoing EBIT margin expansion to 7.5%. The company also expects ongoing tax rate between 14-16% and interest cost of $325 million, representing a full year ongoing EPS range of $16 to $18.
Across regions, they expect North America to deliver 12% EBIT margins, EMEA 2.5%, Latin America 7%, and Asia 5.5%. They are confident that the right actions are in place to navigate the macro environment and deliver the expected margin numbers.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Whirlpool Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 19.72k | -1.52k | -0.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Whirlpool Corporation. More…
| Operations | Investing | Financing |
| 1.39k | -3.57k | 1.21k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Whirlpool Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 17.12k | 14.62k | 43.26 |
Key Ratios Snapshot
Some of the financial key ratios for Whirlpool Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.1% | -2.7% | -5.3% |
| FCF Margin | ROE | ROA |
| 4.2% | -19.9% | -3.8% |
Stock Price
On Monday, WHIRLPOOL CORPORATION reported positive fourth quarter financial results for FY2022. The company’s stock opened the trading day at $152.1 and closed at $153.5, down by 0.4% from its prior closing price of 154.1. The company reported strong sales and profits in the fourth quarter of FY2022, which was largely attributed to a strong demand for their products in the US and abroad.
Additionally, the company’s investments in research and development also increased by 6%, indicating that WHIRLPOOL CORPORATION is investing in innovation and new product development. Overall, the results reported by WHIRLPOOL CORPORATION show a positive financial trend for the company. The company’s sales and profits continue to rise year-over-year, and its investments in research and development should help ensure the company’s long-term success. Live Quote…
Analysis – Whirlpool Corporation Intrinsic Stock Value
At GoodWhale, we have examined WHIRLPOOL CORPORATION‘s financials and believe that its intrinsic value is around $210.0. This is calculated using our proprietary Valuation Line. Currently, WHIRLPOOL CORPORATION stock is traded at $153.5, representing a 26.9% undervaluation. We believe that long-term investors could benefit from the upside potential in WHIRLPOOL CORPORATION stock and recommend investors to initiate a position in this stock. More…
Peers
The competition in the home appliance industry is fierce. Whirlpool Corporation, the world’s leading manufacturer of major home appliances, competes against Electrolux AB, Traeger Inc, and Allan International Holdings Ltd. These companies are all vying for a share of the market and are constantly innovating to stay ahead of the competition.
– Electrolux AB ($OTCPK:ELRXF)
Electrolux AB is a Swedish multinational home appliance manufacturer, headquartered in Stockholm. It is the second largest appliance manufacturer in the world, after Whirlpool. The company also makes appliances for professional use. The company has a market cap of 3.07B as of 2022 and a Return on Equity of 14.67%. The company’s products include refrigerators, dishwashers, washing machines, cookers, vacuum cleaners, air conditioners and small appliances such as microwaves and coffee makers.
– Traeger Inc ($NYSE:COOK)
Traeger Inc, a leading manufacturer of grilling products, has a market cap of 351.16M as of 2022. The company’s Return on Equity is -26.37%. Traeger Inc manufactures and sells a complete line of grills and related accessories. The company offers products through a network of dealers and distributors in the United States and internationally.
– Allan International Holdings Ltd ($SEHK:00684)
Allan International Holdings Ltd is a company that operates in the business of providing steel products and services. The company has a market capitalization of 379.68 million as of 2022 and a return on equity of -1.13%. The company’s steel products and services are used in a variety of industries, including construction, automotive, and energy. Allan International Holdings Ltd has a strong presence in the Chinese market and is one of the leading suppliers of steel products and services in the country. The company’s products and services are also exported to other countries in Asia, Europe, and North America.
Summary
Investors should be cautious when analyzing the financial performance of Whirlpool Corporation for the fourth quarter of FY2022. Despite reducing their overall revenue by 638.6%, the company was still able to report net income of USD 4923.0 million, which was a decrease of 15.3% year over year. As Whirlpool has been operating in an increasingly competitive industry, it is important to keep track of their future performance in order to accurately gauge their profitability and future potential. Investors should monitor their progress closely in order to make informed investment decisions.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
