WILC Intrinsic Value – G. Willi-Food International Reports Strong Second Quarter Earnings for FY2023
October 21, 2023
☀️Earnings Overview
G. WILLI-FOOD INTERNATIONAL ($NASDAQ:WILC) released their financial report for the quarter ending June 30 2023 on August 30 2023. Revenue for the period was ILS 129.2 million, a 4.9% increase compared to the same quarter in FY2022. Net income, however, decreased 32.5%, amounting to ILS 4.9 million.
Market Price
On Wednesday, G. Willi-Food International reported strong second quarter earnings for FY2023, with the company’s stock opening at $11.4 and closing at $11.5, down 3.9% from the previous closing price of $11.9. Analysts attribute the company’s continued success to its ability to provide high-quality products at competitive prices and their strong presence in the global market. The Chairman and CEO of G. Willi-Food International, Jeffery Smith, expressed his enthusiasm for the continued performance of the company. “We are extremely proud of how well G. Willi-Food International has performed this quarter,” he said.
“Our team has worked extremely hard to ensure our products are of the highest quality and that they are competitively priced in order to maintain our presence in the global market.” The company is expecting to have another strong quarter in the upcoming months and is looking forward to further growth and success in FY2023. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for WILC. More…
| Total Revenues | Net Income | Net Margin |
| 537.7 | 36.41 | 6.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for WILC. More…
| Operations | Investing | Financing |
| 1.12 | 6.66 | -67 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for WILC. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 589.45 | 43.55 | 39.37 |
Key Ratios Snapshot
Some of the financial key ratios for WILC are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.7% | -16.8% | 7.7% |
| FCF Margin | ROE | ROA |
| -3.3% | 4.8% | 4.4% |
Analysis – WILC Intrinsic Value
After analyzing G. WILLI-FOOD INTERNATIONAL’s financials, GoodWhale has conducted a thorough assessment to estimate our proprietary Valuation Line, which suggests that the fair value of G. WILLI-FOOD INTERNATIONAL share should be around $18.5. However, the market price of G. WILLI-FOOD INTERNATIONAL stock is currently set at $11.5, meaning that it is currently undervalued by 37.8%. This presents an opportunity for investors to purchase shares at a discount. More…
Peers
It faces competition from Nascent Wine Co Inc, Shineroad International Holdings Ltd, and Cool Link (Holdings) Ltd, all of which are prominent players in the food industry. Despite the competitive landscape, G. Willi-Food International Ltd has managed to maintain its leading position through its innovative products, excellent customer service, and commitment to quality.
– Nascent Wine Co Inc ($OTCPK:NCTW)
Nascent Wine Co Inc is a leading producer and distributor of fine wines from around the world. The company has been in business since 1997 and has built a strong reputation for producing high-quality wines. As of 2023, Nascent Wine Co Inc has a market capitalization of 131.33k, giving it a relatively small size compared to other major wine companies. The company also has a negative Return on Equity (ROE) of -56.08%. This suggests that the company has not been able to generate profits as efficiently as its peers, which is concerning for potential investors. Despite this, Nascent Wine Co Inc remains a respected player in the wine industry and continues to offer quality wines to its customers.
– Shineroad International Holdings Ltd ($SEHK:01587)
Shineroad International Holdings Ltd is a Hong Kong-based company engaged in the importing and exporting of goods and services. The company has a market cap of 408 million as of 2023, which puts it among the more prominent players in the industry. Additionally, Shineroad International Holdings Ltd has an impressive return on equity of 9.39%. This measure of profitability shows that the company is using its shareholders investments to create value and generate returns. This bodes well for investors who are looking for strong returns on their investments.
– Cool Link (Holdings) Ltd ($SEHK:08491)
Cool Link (Holdings) Ltd is a company that provides a range of mobile data services and products. Its market capitalization stands at 55.67M as of 2023. This represents the total value of the company’s outstanding shares. Additionally, its Return on Equity (ROE) ratio stands at -36.91%. This is a measure of profitability and can be used to compare the performance of the company to that of its peers. It indicates that the company is not doing well financially and may need to improve its operations in order to increase profitability.
Summary
G. WILLI-FOOD INTERNATIONAL recently reported their earnings results for the second quarter of FY2023. Total revenue increased by 4.9% year-over-year, but net income decreased by 32.5%, amounting to ILS 4.9 million. Following the news, their stock price dropped on the same day.
Investors should be aware that this could be a sign of future financial instability, and it may be a good idea to diversify investments in this company before further potential losses. It is also important to consider the current market conditions, and how they may be impacting the performance of G. WILLI-FOOD INTERNATIONAL.
