CTOS Stock Fair Value – Custom Truck One Source Announces Third Quarter 2023 Financial Results
November 1, 2023
🌥️Trending News
Custom Truck One ($NYSE:CTOS) Source, a leading provider of customized truck parts and services, is pleased to announce its financial results for the third quarter of 2023. The company has seen a steady increase in profit over the past several quarters, and is on track to reach its revenue and profitability goals for the year. Custom Truck One Source is a publicly traded company that specializes in custom parts and services to the trucking industry. With a diverse product line that includes brakes, suspension systems, and custom body parts, the company is well-positioned to take advantage of the expanding global trucking market.
Additionally, Custom Truck One Source is committed to delivering high-quality customer service and providing timely delivery of products and services. The company’s third quarter financial report will be released next month, and investors will be eager to evaluate Custom Truck One Source’s performance in comparison to other competitors in the industry. As the trucking industry continues to experience rapid growth, Custom Truck One Source is well-positioned to benefit from this trend. Investors should look for continued strong results from the company in the future.
Market Price
Custom Truck One Source announced their third quarter 2023 financial results on Wednesday. The stock opened at $5.5 and closed at the same price, representing a 0.2% decrease from the last closing price of 5.5. Despite this slight decrease for the third quarter, Custom Truck One Source continues to perform well financially. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CTOS. More…
| Total Revenues | Net Income | Net Margin |
| 1.75k | 53.97 | 4.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CTOS. More…
| Operations | Investing | Financing |
| 66.23 | -229.14 | 178.86 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CTOS. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.14k | 2.22k | 3.74 |
Key Ratios Snapshot
Some of the financial key ratios for CTOS are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 61.8% | 46.7% | 9.8% |
| FCF Margin | ROE | ROA |
| -20.4% | 11.7% | 3.4% |
Analysis – CTOS Stock Fair Value
At GoodWhale, we have recently conducted an in-depth analysis of CUSTOM TRUCK ONE SOURCE’s financials. After careful consideration of the data, we have concluded that the fair value of CUSTOM TRUCK ONE SOURCE’s shares is around $9.7, which was determined using our proprietary Valuation Line. However, the current market price for CUSTOM TRUCK ONE SOURCE’s stock is $5.5, significantly lower than its fair value and undervalued by 43.1%. More…
Peers
The company has a strong competitive position in the market, with a wide range of products and services. Custom Truck One Source Inc is a publicly traded company on the New York Stock Exchange under the ticker symbol CUST.
– H&E Equipment Services Inc ($NASDAQ:HEES)
H&E Equipment Services is a leading provider of equipment services and solutions for a wide range of industries, including construction, mining, oil and gas, government, and power generation. The company has a market cap of 1.49B as of 2022 and a return on equity of 35.46%. H&E Equipment Services provides a wide range of services, including equipment rental, sales, and maintenance, to its customers. The company has a strong focus on customer service and provides a wide range of support services to its customers.
– Babylon Pump & Power Ltd ($ASX:BPP)
Babylon Pump & Power Ltd is a market leader in providing pump and power solutions. The company has a strong focus on customer service and providing high quality products. The company has a market capitalization of 12.29M as of 2022 and a return on equity of -43.24%. The company’s products are used in a wide range of industries, including mining, construction, agriculture, and manufacturing.
– Triton International Ltd ($NYSE:TRTN)
Triton International Ltd is a leading provider of containers and related services. The company has a market cap of 3.83B as of 2022 and a return on equity of 15.89%. Triton International Ltd is a publicly traded company listed on the New York Stock Exchange. The company was founded in 2006 and is headquartered in Hamilton, Bermuda. Triton International Ltd is a leading provider of intermodal transportation equipment and services with a focus on container leasing and sales, depot services, container trucking, and related logistics services.
Summary
Custom Truck One Source is set to release its financial results for the third quarter of 2023. Investors will be closely watching for the company’s performance in this period, as well as any key trends identified by the company. They will be particularly interested in the company’s revenue and profitability metrics, as well as any costs associated with their operations.
Additionally, investors will be looking for any updates or changes in the company’s strategies that could affect their future performance. Overall, the financial results should give investors a better understanding of the company’s current position and provide insight into the potential future of Custom Truck One Source.
