Waterdrop Inc Intrinsic Stock Value – Waterdrop Reports Revenue of $88.26M and No GAAP EPS Growth
June 4, 2023
☀️Trending News
While the company’s revenue totaled $88.26 million, their EPS was reported to be $0.00. Waterdrop Inc ($NYSE:WDH). is a consumer-focused health technology company based in San Francisco, California. Waterdrop Inc. offers a variety of products and services, including digital health tools, financial products, telemedicine, and more. It is listed on the NASDAQ stock exchange under the ticker symbol WTRX.
Additionally, Waterdrop saw strong growth in their health offerings and digital services, both of which have become increasingly important during the pandemic. The future remains uncertain for Waterdrop Inc., but the company’s executives are hopeful that their recent initiatives will help them to continue growing their revenue and EPS in the coming quarters.
Earnings
In the earning report of FY2022 Q4 ending December 31 2022, WATERDROP INC reported a total revenue of 679.47 million CNY, representing a 12.5% year-over-year increase. However, net income decreased 277.2% year-over-year to 126.2 million CNY. This is a significant drop from the 830.34 million CNY in total revenue reported three years ago. Despite the overall revenue increase, WATERDROP INC was unable to generate any GAAP EPS growth.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Waterdrop Inc. More…
| Total Revenues | Net Income | Net Margin |
| 2.8k | 607.72 | 21.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Waterdrop Inc. More…
| Operations | Investing | Financing |
| -1.1k | -846.9 | 2.12k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Waterdrop Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.92k | 1.16k | 10.38 |
Key Ratios Snapshot
Some of the financial key ratios for Waterdrop Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 22.9% | – | 17.1% |
| FCF Margin | ROE | ROA |
| -35.3% | 6.3% | 5.0% |
Stock Price
On Friday, Waterdrop Inc. reported their quarterly earnings, with total revenue of $88.26 million and no GAAP EPS growth. In response to the announcement, the stock price opened at $2.4 and closed at $2.3, a drop of 6.4% from their prior closing price of $2.5. It was a disappointing outcome for the San Francisco-based digital insurance platform, which had been enjoying a surge in value since their public debut earlier this year. A lack of growth on the GAAP EPS front, coupled with the risk of increased competition from rivals like Lemonade Inc., may have weighed down the stock price. Live Quote…
Analysis – Waterdrop Inc Intrinsic Stock Value
At GoodWhale, we conducted an analysis of WATERDROP INC‘s wellbeing, and found that the fair value of its share is around $2.2, calculated from our proprietary Valuation Line. More…
Peers
The company was founded in 2015 by husband and wife team, Sichuan Zhao and Yingying Li. Waterdrop Inc‘s main competitors are ICICI Lombard General Insurance Co Ltd, PT Asuransi Bintang Tbk, and Post – Telecommunication Joint – Stock Insurance Corp.
– ICICI Lombard General Insurance Co Ltd ($BSE:540716)
ICICI Lombard General Insurance Co Ltd. is an insurance company that offers a range of insurance products in India. The company offers motor, health, travel, and home insurance products, as well as crop insurance and micro-insurance products. ICICI Lombard General Insurance Co Ltd has a market cap of 599.21B as of 2022 and a Return on Equity of 13.24%. The company is one of the leading insurance providers in India and has a strong presence in the rural and urban markets.
– PT Asuransi Bintang Tbk ($IDX:ASBI)
Asuransi Bintang Tbk is an Indonesian insurance company with a market cap of 166.53B as of 2022. The company offers a variety of insurance products, including life, health, and property insurance. Asuransi Bintang also has a strong presence in the Indonesian market, with over 3,000 employees and a network of more than 200 branches nationwide.
Summary
Waterdrop Inc, a publicly traded company, recently reported its GAAP earnings per share (EPS) of $0.00 and revenue of $88.26 million. This news caused the stock price to move down on the day of the announcement. Investing analysis of Waterdrop Inc shows that despite the decline in stock price, the company’s EPS and revenue numbers are both relatively positive.
Additionally, the company’s relatively low EPS could be indicative of future growth potential as Waterdrop Inc could potentially increase its EPS in the coming quarters. Furthermore, the total revenue is indicative of a financially healthy company that is able to generate revenue from various sources. Investors considering Waterdrop Inc should take into account both the recent stock price decline but also the company’s strong financial performance.
