CASY Intrinsic Value Calculation – Brookville Booming with Addition of Hilton Hotel and Casey’s General Store
November 29, 2023
🌥️Trending News
The town of Brookville is bustling with excitement over the addition of a new Hilton Hotel and Casey’s ($NASDAQ:CASY) General Store. The area is on the brink of growth due to the arrival of these two establishments. Casey’s General Store is a renowned convenience store chain that is most known for its pizza, doughnuts, and coffee. It is a publicly traded company listed under the symbol CASY on the NASDAQ stock exchange. The addition of a Casey’s to Brookville will offer locals and visitors alike an array of fresh food options, quality beverages, and reliable fuel services.
It will provide jobs to the community and stimulate economic growth. The chain has built its reputation on creating a positive impact in the neighborhoods it serves and continuing to give back to the communities. With this new store, Brookville can look forward to all the benefits that come with having a Casey’s General Store in its backyard.
Market Price
This was reflected in the stock market as CASEY’S GENERAL STORES opened at $285.0 and closed at $282.1, down by 0.9% from last closing price of 284.6. The new store promises to bring an extra level of convenience to locals and visitors alike, with the variety of food, drinks, and goods available. Its opening marks a step forward for the town of Brookville in its effort to become a more modern and enjoyable destination. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CASY. More…
| Total Revenues | Net Income | Net Margin |
| 14.51k | 463 | 3.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CASY. More…
| Operations | Investing | Financing |
| 834.88 | -543.33 | -164.79 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CASY. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.06k | 3.29k | 74.5 |
Key Ratios Snapshot
Some of the financial key ratios for CASY are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.8% | 14.2% | 4.5% |
| FCF Margin | ROE | ROA |
| 2.6% | 15.1% | 6.8% |
Analysis – CASY Intrinsic Value Calculation
At GoodWhale, we provide the most comprehensive analysis of CASEY’S GENERAL STORES’s fundamentals. We have determined the fair value of CASEY’S GENERAL STORES share to be approximately $249.0, using our proprietary Valuation Line. The stock is currently trading at a price of $282.1 – implying an overvaluation of 13.3%. Our analysis allows investors to make well-informed decisions about their investments in this stock. More…
Peers
Casey’s General Stores Inc is in competition with Murphy USA Inc, Nanning Department Store Co Ltd, Hunan Friendship & Apollo Commercial Co Ltd. All four of these companies are retailers that offer similar products and services. The competition between these companies is based on price, quality, convenience, and customer service.
– Murphy USA Inc ($NYSE:MUSA)
Murphy USA Inc is a gas station and convenience store chain that operates in the southern and midwestern United States. As of 2022, the company has a market cap of 6.47B and a return on equity of 64.41%. The company was founded in 1996 and is headquartered in El Dorado, Arkansas. Murphy USA operates over 1,400 gas stations and convenience stores across the United States. The company’s gas stations offer a variety of fuels, including regular, premium, and diesel. In addition to gasoline, Murphy USA convenience stores sell a variety of food and beverage items, such as snacks, candy, soft drinks, and coffee.
– Nanning Department Store Co Ltd ($SHSE:600712)
Nanning Department Store Co Ltd has a market cap of $2.04 billion as of 2022 and a Return on Equity of 0.63%. The company operates department stores in Nanning, Guangxi, China. It offers a range of merchandise, including apparel, cosmetics, and home appliances. The company also operates a loyalty program that offers discounts and rewards to customers who shop at its stores.
– Hunan Friendship & Apollo Commercial Co Ltd ($SZSE:002277)
Hunan Friendship & Apollo Commercial Co Ltd is a company that operates in the commercial sector. It has a market capitalization of 4.99 billion as of 2022 and a return on equity of 3.02%. The company focuses on providing commercial services to businesses in China. These services include leasing, property management, and investment management. The company also provides consulting services for businesses expanding into China.
Summary
Casey’s General Stores is an American chain of convenience stores that is currently expanding its presence in Brookville. The company is an attractive investment opportunity due to its strong financial position.
Additionally, the company reported strong sales and earnings growth in the last fiscal year. There is also a strong competitive advantage for Casey’s due to its high density of locations, allowing for economies of scale and strong brand recognition. The new hotel and gas station in the growing area of Brookville will further increase the company’s brand visibility and provide an additional revenue stream. Casey’s is an attractive long-term investment due to its strong financial performance, competitive advantage, and expansion into Brookville.
