Lightinthebox Holding Stock Fair Value Calculation – LightInTheBox Reports Zero GAAP EPS Despite $154.3M Revenue
December 8, 2023
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LIGHTINTHEBOX ($NYSE:LITB): The company is based in Beijing and operates an online e-commerce platform on several continents, including Europe, North America, and Asia.
Earnings
In its earning report of FY2023 Q2 ending June 30 2021, LIGHTINTHEBOX HOLDING reported a total revenue of 122.2M USD and a net income of 9.38M USD. Compared to the same period in the previous year, this signifies a 7.7% decrease in total revenue and a 490.8% decrease in net income. Despite this, the company has seen a steady increase in total revenue over the last three years with 191.77M USD being reported for this quarter. It is likely that the decreases in revenue and net income can be attributed to the ongoing pandemic.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lightinthebox Holding. More…
| Total Revenues | Net Income | Net Margin |
| 650.29 | -53.59 | -1.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lightinthebox Holding. More…
| Operations | Investing | Financing |
| 35.83 | 2.05 | -0.04 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lightinthebox Holding. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 144.8 | 149.09 | -0.04 |
Key Ratios Snapshot
Some of the financial key ratios for Lightinthebox Holding are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 24.1% | – | -10.2% |
| FCF Margin | ROE | ROA |
| 5.4% | 1110.9% | -28.6% |
Share Price
On Tuesday, LightInTheBox Holding reported its quarterly financial results, posting zero GAAP Earnings Per Share (EPS) despite total revenue of $154.3 million. In reaction to the news, LIGHTINTHEBOX HOLDING stock opened at $1.2 and closed at $1.3, down by 0.9% on the day from its last closing price of $1.3. It appears investors have reacted negatively to the news, likely due to the lackluster EPS report. Live Quote…
Analysis – Lightinthebox Holding Stock Fair Value Calculation
GoodWhale has conducted an extensive analysis of LIGHTINTHEBOX HOLDING‘s fundamentals and has determined that the intrinsic value of each share is around $1.9. This was calculated using our proprietary Valuation Line, which takes into account numerous factors such as financial performance, competitive position and market outlook. Currently, LIGHTINTHEBOX HOLDING shares are being traded for $1.3, meaning that they are undervalued by 30.9%. This presents a great opportunity for investors who are looking for a buying opportunity in the short-term. We believe that the long-term prospects of the company remain strong, and buying now could bring significant profits in the future. More…
Peers
LightInTheBox Holding Co Ltd is an e-commerce company that specializes in selling a wide range of products, including apparel and accessories, home and garden items, electronics, and more. It competes within the industry with Hyundai Home Shopping Network Corp, Hour Loop Inc., and Zibuyu Group Ltd. All four companies strive to bring customers the best products and services at the lowest prices.
– Hyundai Home Shopping Network Corp ($KOSE:057050)
Hyundai Home Shopping Network Corp is a South Korean e-commerce and media company that operates retail websites and television shopping channels in Korea. It is one of the largest home shopping companies in the country. The company has a market capitalisation of 557.51B as of 2023. This is indicative of the company’s strong financial position and strong performance in the market. In addition, the company has a return on equity of 3.41%, which demonstrates its ability to generate profits from its shareholders’ investments.
– Hour Loop Inc ($NASDAQ:HOUR)
Loop Inc is a software development company that specializes in engineer productivity and creating automated software engineering solutions. It has achieved considerable success since its launch in 2023, with a market cap of 76.04 million and a Return on Equity (ROE) of 19.6%. The company’s market cap reflects its overall value, which is calculated by multiplying the company’s current stock price by the total number of outstanding shares. The ROE, meanwhile, reflects its ability to generate profits relative to the amount of equity used in its operations. Loop Inc has successfully leveraged its innovative software solutions to create value for shareholders and customers alike.
– Zibuyu Group Ltd ($SEHK:02420)
Zibuyu Group Ltd is a leading global technology company that specializes in software and electronics. As of 2023, it has a market cap of 2 billion dollars, indicating that it is a powerful and well-respected business. Its Return on Equity (ROE) of 28.14% also demonstrates the company’s strong financial performance. This indicates that the company’s management is highly effective at utilizing its equity to generate value for shareholders. Zibuyu Group Ltd is well-positioned to continue its impressive growth trajectory in the coming years.
Summary
LightInTheBox Holding Co., Ltd. (NYSE: LITB) is a Chinese online retail company that sells a wide variety of lifestyle products worldwide. LightInTheBox is well-positioned for continued growth given its strong online presence and solid customer base. The stock offers investors potential upside if the company can continue to grow its sales and improve profitability.
