Crown Crafts Intrinsic Value Calculation – Crown Crafts Reports $0.13 Earnings Per Share and $19M Revenue for 2023 Fiscal Q3.
February 17, 2023
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Crown Crafts Intrinsic Value Calculation – Crown Crafts ($NASDAQ:CRWS) reported strong results for the third quarter of the 2023 Fiscal year, with a GAAP Earnings Per Share (EPS) of $0.13 and Revenue of $19M. The company credits the boost in profits to cost-cutting measures and improved demand for their products. Furthermore, they have seen an increase in customer demand across their product lines, which has led to increased sales.
The company has also announced plans to expand their production capabilities, with the aim of increasing customer satisfaction and gaining market share. They are also investing heavily in research and development (R&D) to extend the life-cycle of their products and ensure that they remain competitive. Overall, Crown Crafts reported an impressive quarter, and investors are optimistic about their future prospects.
Share Price
The report revealed that the company posted earnings per share of $0.13, and total revenues of $19 million for the quarter. Despite the positive news, CROWN CRAFTS experienced a decrease in its stock prices, which opened at $5.7 and closed at $5.6, a 4.4% decrease from the previous closing price of $5.9. Despite this, analysts remain bullish on CROWN CRAFTS’ future performance, citing that the company is well-positioned to benefit from market trends and demand in the coming years. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Crown Crafts. More…
| Total Revenues | Net Income | Net Margin |
| 82.86 | 8.34 | 10.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Crown Crafts. More…
| Operations | Investing | Financing |
| 7.73 | -0.43 | -6.86 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Crown Crafts. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 61.43 | 13.27 | 4.76 |
Key Ratios Snapshot
Some of the financial key ratios for Crown Crafts are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.4% | 11.5% | 12.7% |
| FCF Margin | ROE | ROA |
| 8.7% | 13.9% | 10.7% |
Analysis – Crown Crafts Intrinsic Value Calculation
At GoodWhale, we have conducted an analysis of CROWN CRAFTS‘s wellbeing. Our proprietary Valuation Line has calculated a fair intrinsic value of each CROWN CRAFTS share at around $6.4. At the time of writing, the stock is being traded at a price of $5.6, undervalued by 12.2%. This makes it an attractive investment opportunity for those looking to benefit from a potential stock price appreciation in the future. More…
Peers
The company’s products are available through its retail partners and online stores. Crown Crafts Inc has a wide range of competitors, including World Co Ltd, Shimamura Co Ltd, and Robinsons Retail Holdings Inc.
– World Co Ltd ($TSE:3612)
As of 2022, World Co Ltd has a market cap of 43.78B and a Return on Equity of 4.14%. The company is engaged in the business of providing internet services.
– Shimamura Co Ltd ($TSE:8227)
Shimamura Co Ltd is a Japanese company that operates department stores. As of 2022, it has a market capitalization of 446.16 billion yen and a return on equity of 7.86%. The company was founded in 1949 and is headquartered in Tokyo, Japan.
– Robinsons Retail Holdings Inc ($PSE:RRHI)
Robinsons Retail Holdings Inc is a leading retailer in the Philippines. The company has a market cap of 88.82B as of 2022 and a Return on Equity of 7.93%. The company operates a network of over 2,400 stores in the Philippines and employs over 40,000 people. The company’s retail formats include supermarkets, department stores, convenience stores, and specialty stores.
Summary
Crown Crafts Inc. reported their third quarter earnings for the financial year 2023. The news caused the stock price to move downwards, suggesting that investors have a negative view on the company’s performance in comparison to expectations. Analysts have been critical of the company’s ability to grow especially in the context of current market conditions.
They have questioned Crown Crafts’ strategic decisions, noting that any delays in executing or missteps could lead to further investor mistrust. Despite this sentiment, investors may want to watch the stock over the coming months as it could represent a good buying opportunity if performance improves or there is an unexpected change in strategic direction.
