Cbiz Intrinsic Value – Mackenzie Financial Corp. Sells Shares in CBIZ, Inc
November 10, 2023
☀️Trending News
Mackenzie Financial Corp. has recently sold their shares in CBIZ ($NYSE:CBZ), Inc, a business services and professional services provider. CBIZ Inc. offers accounting and financial services, risk management services, employee benefits consulting, surety bonds, and more to businesses and individuals. The company has operations in the U.S., Canada, and the U.K. and provides services to a wide range of industries. Investors who purchased shares when Mackenzie Financial Corp. sold its stake have seen an impressive return on their investment, making CBIZ Inc. an attractive target for investors who want to diversify their portfolios.
CBIZ Inc. is a reliable and well-established company with strong fundamentals, which makes it a good choice for those looking to invest in the business services sector. With Mackenzie Financial Corp.’s recent sale of its shares in CBIZ Inc., now is an especially good time for investors to get in on this promising company.
Market Price
On Thursday, Mackenzie Financial Corp. announced that it was selling its shares in CBIZ, Inc. This resulted in a slight 0.2% rise in CBIZ stock, as the stock opened at $56.1 and closed at $56.0, up from the previous closing price of 55.9. This news is likely to have a positive effect on the stock in the near future, as investors may be attracted by the company’s strong fundamentals and growth prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cbiz. More…
| Total Revenues | Net Income | Net Margin |
| 1.56k | 122.21 | 7.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cbiz. More…
| Operations | Investing | Financing |
| 123.33 | -80.2 | -41.81 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cbiz. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.07k | 1.26k | 16.26 |
Key Ratios Snapshot
Some of the financial key ratios for Cbiz are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.7% | 20.7% | 12.0% |
| FCF Margin | ROE | ROA |
| 6.5% | 14.7% | 5.6% |
Analysis – Cbiz Intrinsic Value
At GoodWhale, we recently conducted an analysis of CBIZ Inc.’s wellbeing. Using our proprietary Valuation Line, we calculated the fair value of CBIZ’s shares to be around $52.2. However, at the time of this analysis, CBIZ stock was being traded for $56.0, making the current price 7.2% overvalued. It is important to note that while this assessment does suggest CBIZ may be an attractive short-term investment opportunity, there is no guarantee that prices will remain at their current levels and investors should always take into consideration the potential for loss when making decisions about their investments. More…
Peers
Its competitors include Countplus Ltd, Dalrada Financial Corp, and Ince Group PLC.
– Countplus Ltd ($ASX:CUP)
Plus Ltd is a market leader in online retail. The company has a market cap of 70.87M and a ROE of 7.78%. Plus Ltd offers a wide range of products and services, including clothing, footwear, accessories, and home décor. The company has a strong online presence and offers a convenient shopping experience for its customers. Plus Ltd is a trusted brand and has a loyal customer base. The company is well-positioned to continue its growth and drive shareholder value.
– Dalrada Financial Corp ($OTCPK:DFCO)
Dalrada Financial Corp is a publicly traded company with a market cap of 10.58M as of 2022. The company has a Return on Equity of 3.48%. Dalrada is a provider of healthcare and business solutions. The company operates in two segments: Healthcare and Business Solutions. The Healthcare segment provides healthcare products and services to individuals and businesses. The Business Solutions segment provides business solutions to businesses.
– Ince Group PLC ($LSE:INCE)
Ince Group PLC is a professional services firm with a focus on the legal sector. The company has a market capitalisation of 15.12 million as of 2022 and a return on equity of 6.16%. Ince Group PLC provides a range of services including corporate law, commercial law, tax law, and litigation. The company has a strong presence in the UK and Europe and is expanding its operations globally.
Summary
Investing in CBIZ, Inc. (CBIZ) is an attractive option for investors due to its strong financials and consistent growth trajectory. Mackenzie Financial Corp. has recently sold a portion of its CBIZ shares, suggesting the stock may be undervalued. Analysts are largely positive on CBIZ, with an average rating of “Hold” due to its market-leading position in the industry and its strong financial performance.
Earnings have been strong and the company has a healthy balance sheet with no long-term debt obligations. Moving forward, CBIZ looks poised to continue its strong performance, making it an attractive investment option for those looking for sustained growth.
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