WSC Intrinsic Stock Value – WILLSCOT MOBILE MINI Reports Earnings Results for Q2 FY2023 on June 30th
August 25, 2023
🌥️Earnings Overview
For the second quarter ended June 30, 2023, WILLSCOT MOBILE MINI ($NASDAQ:WSC) reported total revenue of USD 582.1 million, a marginal 0.1% year-on-year increase. Net income for the same period was USD 87.7 million, an impressive 19.6% year-on-year growth.
Share Price
On Wednesday, June 30th, WILLSCOT MOBILE MINI reported earnings results for the second quarter of their fiscal year 2023. The stock opened at $48.8 and closed at $48.1, representing a 2.9% decrease from the previous closing price of $49.5. This followed a turbulent few years as the company has been adjusting to the new mobile-first economy and the shift to digital services.
The release of Q2 earnings results is an important step for the company as they continue to position themselves for long-term success. Analysts are watching closely to see how the company’s strategies are paying off, and investors are awaiting further news of the company’s future plans. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for WSC. More…
| Total Revenues | Net Income | Net Margin |
| 2.32k | 513.61 | 15.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for WSC. More…
| Operations | Investing | Financing |
| 761.73 | 162.88 | -928.82 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for WSC. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.72k | 4.28k | 7.25 |
Key Ratios Snapshot
Some of the financial key ratios for WSC are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 29.8% | 64.1% | 27.4% |
| FCF Margin | ROE | ROA |
| 17.6% | 26.4% | 6.9% |
Analysis – WSC Intrinsic Stock Value
At GoodWhale, we have analyzed the financials of WILLSCOT MOBILE MINI and determined that its fair value is around $46.0. This calculation was done using our proprietary Valuation Line, which takes into consideration factors such as earnings, sales growth, margins, and risk. Currently, the WILLSCOT MOBILE MINI stock is traded at $48.1, a fair price that is slightly overvalued by 4.5%. At GoodWhale, we recommend investors to closely watch the stock to determine if the current price is sustainable. More…
Peers
The competition between WillScot Mobile Mini Holdings Corp and its competitors, The Brink’s Co, Touax, and Groupe CRIT SA, has become increasingly fierce in recent years. These companies are all vying for a greater share of the mobile storage and modular building solutions market, with each of them bringing their own strengths and strategies to the table. With the stakes so high, it is an exciting time to see who will come out on top.
– The Brink’s Co ($NYSE:BCO)
The Brink’s Co is a global leader in security-related services and cash handling. With a market cap of 2.71 billion as of 2022 and a Return on Equity of 103.48%, the company is well-positioned to continue its success in the industry. The Brink’s Co provides secure transportation, cash management services, and security-related services to customers in over 100 countries around the world. Their services are designed to help customers protect their assets from theft and fraud. In addition, their services also help customers increase efficiency, reduce costs, and improve customer satisfaction. With its market cap and ROE, the Brink’s Co is well-prepared to continue its success in the industry.
– Touax ($LTS:0IXN)
Touax is a leading global provider of modular buildings and containers. With a market cap of 60.12M as of 2022, Touax is a well-respected player in the industry and its Return on Equity (ROE) of 20.2% demonstrates its strong financial performance. The company is known for its excellent customer service, great value for money and reliable products. The company’s focus on creating innovative solutions has enabled it to maintain its competitive edge in the market. With a strong presence in Europe and North America, Touax is well-positioned to continue to grow and expand its operations in the future.
– Groupe CRIT SA ($LTS:0DZJ)
Groupe CRIT SA is a French-based group of companies that specialize in temporary staffing. As of 2022, Groupe CRIT SA has a market cap of 665.91M, making it one of the largest staffing companies in France. The company also has a Return on Equity (ROE) of 9.1%, indicating that it has been able to effectively generate profits and return value to shareholders. Groupe CRIT SA focuses primarily on temporary staffing solutions, with a particular focus on the industrial, medical, and administrative sectors. The company has offices in France, Spain, Italy, Switzerland, Germany, the United Kingdom, and Belgium. Groupe CRIT SA is well-positioned for continued success in the staffing industry.
Summary
WILLSCOT MOBILE MINI reported strong second quarter earnings results for FY2023, with total revenue of USD 582.1 million and a net income of USD 87.7 million. This marks a 0.1% increase in revenue year-over-year and a 19.6% increase in net income compared to the same period in the previous fiscal year. Analysts view these figures positively, suggesting that the company is doing well financially and is a sound investment opportunity. Investors should monitor future earnings reports to assess the company’s progress.
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