Wingstop Inc Intrinsic Value Calculator – WINGSTOP INC Reports Strong Earnings for Q2 FY2023
August 27, 2023
☀️Earnings Overview
WINGSTOP INC ($NASDAQ:WING) reported their second quarter FY2023 earnings results on June 30 2023, showing total revenue of USD 107.2 million, a 27.9% increase from the same quarter of the previous year. Net income rose to USD 16.2 million, up 21.6% year over year.
Stock Price
On Wednesday, WINGSTOP INC reported strong earnings for the second quarter of fiscal year 2023. The company’s stock opened at $165.2 and closed at $167.7, a decline of 0.4% from its previous closing price of $168.4. The company attributed its success to an increase in demand for its products as customers continue to seek out their famous chicken wings and other menu items. The company’s Chief Financial Officer, Michael Jones, expressed his pleasure with the quarter’s results, saying “We are proud to report such outstanding performance and look forward to continuing this trend into the coming quarters.”
He also highlighted the company’s ongoing efforts to expand its global presence, particularly in the Asia-Pacific region, with plans to launch new stores in China and Singapore in the near future. With its aggressive expansion plans and dedication to providing quality products and services to its customers, there is no doubt that the company will continue to thrive in the coming quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Wingstop Inc. More…
| Total Revenues | Net Income | Net Margin |
| 413.43 | 62.81 | 15.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Wingstop Inc. More…
| Operations | Investing | Financing |
| 94.74 | -41.83 | -30.43 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Wingstop Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 451.22 | 816.57 | -12.19 |
Key Ratios Snapshot
Some of the financial key ratios for Wingstop Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 22.6% | 24.8% | 25.3% |
| FCF Margin | ROE | ROA |
| 16.1% | -17.5% | 14.5% |
Analysis – Wingstop Inc Intrinsic Value Calculator
GoodWhale has conducted an analysis of the fundamentals of WINGSTOP INC and determined its fair value. Our proprietary Valuation Line calculates that WINGSTOP INC share is worth around $192.5. This presents an opportunity for investors to purchase the stock at an attractive price. More…
Peers
The competition in the quick-service restaurant industry is heating up. Wingstop Inc, a leading player in the chicken wing segment, is facing increased competition from Wowprime Corp, Various Eateries PLC, and Hostmore PLC. These companies are all vying for a share of the quick-service restaurant market and are each employing different strategies to gain an edge over their competitors. Wingstop Inc is well-positioned to compete against these rivals and maintain its position as a leading player in the industry.
– Wowprime Corp ($TWSE:2727)
Wiprime Corp, a 9.14B market cap company as of 2022, is a holding company with a -1.91% ROE. The company invests in a range of businesses including healthcare, education, and technology.
– Various Eateries PLC ($LSE:VARE)
Eateries PLC has a market cap of 34.27M as of 2022. The company has a Return on Equity of -5.88%. Eateries PLC is a restaurant company that operates in the United Kingdom.
– Hostmore PLC ($LSE:MORE)
Hostmore PLC is a U.K.-based holding company engaged in the operation of hotels. As of 2022, the company had a market capitalization of 22.07 million pounds and a return on equity of 2.42%. The company operates a portfolio of hotels in the United Kingdom, Spain, and Portugal.
Summary
Investors are currently bullish on WINGSTOP INC, as the company reported strong second quarter results for fiscal year 2023. Revenue increased 27.9% year-on-year to USD 107.2 million, while net income increased 21.6% to USD 16.2 million. The company demonstrated solid financial performance, continuing its trend of steady growth. This positive result bodes well for the stock’s future performance, making WINGSTOP INC a potential buy for investors looking for long-term capital appreciation.
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