EMERALD HOLDING INC (EEX) Stock Fundamental Analysis
NYSE:EEX - US29103W1045 - Common Stock
5.28 USD
+0.3 (+6.02%)
5.28 USD
0 (0%)
Taking everything into account, EEX scores 4 out of 10 in our fundamental rating. EEX was compared to 99 industry peers in the Media industry. There are concerns on the financial health of EEX while its profitability can be described as average. EEX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year EEX was profitable.
In the past year EEX had a positive cash flow from operations.
EEX had negative earnings in 4 of the past 5 years.
EEX had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of 0.66%, EEX perfoms like the industry average, outperforming 59.60% of the companies in the same industry.
EEX's Return On Equity of 2.03% is fine compared to the rest of the industry. EEX outperforms 62.63% of its industry peers.
EEX has a Return On Invested Capital of 7.44%. This is in the better half of the industry: EEX outperforms 76.77% of its industry peers.
EEX had an Average Return On Invested Capital over the past 3 years of 8.99%. This is in line with the industry average of 8.87%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.66% | ||
| ROE | 2.03% | ||
| ROIC | 7.44% |
ROA(3y)-0.96%
ROA(5y)-15.03%
ROE(3y)-2.63%
ROE(5y)-41.72%
ROIC(3y)8.99%
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 1.83%, EEX is doing good in the industry, outperforming 61.62% of the companies in the same industry.
Looking at the Operating Margin, with a value of 20.41%, EEX belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
EEX's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 63.27%, EEX is in the better half of the industry, outperforming 74.75% of the companies in the same industry.
In the last couple of years the Gross Margin of EEX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.41% | ||
| PM (TTM) | 1.83% | ||
| GM | 63.27% |
OM growth 3YN/A
OM growth 5Y-0.99%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.34%
GM growth 5Y-1.13%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so EEX is still creating some value.
The number of shares outstanding for EEX has been increased compared to 1 year ago.
EEX has more shares outstanding than it did 5 years ago.
The debt/assets ratio for EEX is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.65, we must say that EEX is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.65, EEX is not doing good in the industry: 60.61% of the companies in the same industry are doing better.
EEX has a debt to FCF ratio of 10.20. This is a negative value and a sign of low solvency as EEX would need 10.20 years to pay back of all of its debts.
EEX has a better Debt to FCF ratio (10.20) than 61.62% of its industry peers.
EEX has a Debt/Equity ratio of 1.29. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.29, EEX is not doing good in the industry: 62.63% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 10.2 | ||
| Altman-Z | 0.65 |
ROIC/WACC0.85
WACC8.79%
2.3 Liquidity
EEX has a Current Ratio of 1.05. This is a normal value and indicates that EEX is financially healthy and should not expect problems in meeting its short term obligations.
EEX has a Current ratio (1.05) which is in line with its industry peers.
EEX has a Quick Ratio of 1.05. This is a normal value and indicates that EEX is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of EEX (1.05) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 116.33% over the past year.
Looking at the last year, EEX shows a quite strong growth in Revenue. The Revenue has grown by 9.96% in the last year.
EEX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.02% yearly.
EPS 1Y (TTM)116.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%66.67%
Revenue 1Y (TTM)9.96%
Revenue growth 3Y39.95%
Revenue growth 5Y2.02%
Sales Q2Q%22.67%
3.2 Future
The Earnings Per Share is expected to grow by 247.85% on average over the next years. This is a very strong growth
EEX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.97% yearly.
EPS Next Y554.5%
EPS Next 2Y247.85%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year14.5%
Revenue Next 2Y10.97%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 66.00, the valuation of EEX can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as EEX.
The average S&P500 Price/Earnings ratio is at 26.84. EEX is valued rather expensively when compared to this.
EEX is valuated quite expensively with a Price/Forward Earnings ratio of 26.14.
EEX's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.48, EEX is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 66 | ||
| Fwd PE | 26.14 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EEX is on the same level as its industry peers.
EEX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.03 | ||
| EV/EBITDA | 11.98 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as EEX's earnings are expected to grow with 247.85% in the coming years.
PEG (NY)0.12
PEG (5Y)N/A
EPS Next 2Y247.85%
EPS Next 3YN/A
5. Dividend
5.1 Amount
EEX has a Yearly Dividend Yield of 1.16%.
Compared to an average industry Dividend Yield of 4.75, EEX pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, EEX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
5.2 History
The dividend of EEX decreases each year by -17.89%.
EEX has been paying a dividend for over 5 years, so it has already some track record.
EEX has decreased its dividend recently.
Dividend Growth(5Y)-17.89%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
EEX pays out 153.16% of its income as dividend. This is not a sustainable payout ratio.
DP153.16%
EPS Next 2Y247.85%
EPS Next 3YN/A
5.28
+0.3 (+6.02%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners5.8%
Inst Owner Change-11.43%
Ins Owners0.53%
Ins Owner Change-0.97%
Market Cap1.05B
Analysts80
Price Target8.11 (53.6%)
Short Float %6.34%
Short Ratio12.55
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
Yearly Dividend0.11
Dividend Growth(5Y)-17.89%
DP153.16%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)6.49%
Min Revenue beat(2)4.25%
Max Revenue beat(2)8.72%
Revenue beat(4)2
Avg Revenue beat(4)0.27%
Min Revenue beat(4)-9.81%
Max Revenue beat(4)8.72%
Revenue beat(8)3
Avg Revenue beat(8)-0.53%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.63%
PT rev (3m)0.63%
EPS NQ rev (1m)-40%
EPS NQ rev (3m)-250%
EPS NY rev (1m)-14.29%
EPS NY rev (3m)-14.29%
Revenue NQ rev (1m)-4.84%
Revenue NQ rev (3m)-2.17%
Revenue NY rev (1m)0.99%
Revenue NY rev (3m)0.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 66 | ||
| Fwd PE | 26.14 | ||
| P/S | 2.42 | ||
| P/FCF | 21.03 | ||
| P/OCF | 17.96 | ||
| P/B | 2.68 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.98 |
EPS(TTM)0.08
EY1.52%
EPS(NY)0.2
Fwd EY3.83%
FCF(TTM)0.25
FCFY4.75%
OCF(TTM)0.29
OCFY5.57%
SpS2.19
BVpS1.97
TBVpS-2.64
PEG (NY)0.12
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.66% | ||
| ROE | 2.03% | ||
| ROCE | 9.42% | ||
| ROIC | 7.44% | ||
| ROICexc | 8.93% | ||
| ROICexgc | N/A | ||
| OM | 20.41% | ||
| PM (TTM) | 1.83% | ||
| GM | 63.27% | ||
| FCFM | 11.49% |
ROA(3y)-0.96%
ROA(5y)-15.03%
ROE(3y)-2.63%
ROE(5y)-41.72%
ROIC(3y)8.99%
ROIC(5y)N/A
ROICexc(3y)12.17%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)11.38%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5Y16.36%
OM growth 3YN/A
OM growth 5Y-0.99%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.34%
GM growth 5Y-1.13%
F-Score5
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 10.2 | ||
| Debt/EBITDA | 4.31 | ||
| Cap/Depr | 30.14% | ||
| Cap/Sales | 1.96% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 49.96% | ||
| Profit Quality | 629.11% | ||
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z | 0.65 |
F-Score5
WACC8.79%
ROIC/WACC0.85
Cap/Depr(3y)25.83%
Cap/Depr(5y)19.92%
Cap/Sales(3y)2.87%
Cap/Sales(5y)3.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)116.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%66.67%
EPS Next Y554.5%
EPS Next 2Y247.85%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)9.96%
Revenue growth 3Y39.95%
Revenue growth 5Y2.02%
Sales Q2Q%22.67%
Revenue Next Year14.5%
Revenue Next 2Y10.97%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y40.83%
EBIT growth 3YN/A
EBIT growth 5Y1.01%
EBIT Next Year163.45%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-62.99%
FCF growth 3Y-23.73%
FCF growth 5Y-10.35%
OCF growth 1Y-60.16%
OCF growth 3Y-19.59%
OCF growth 5Y-7.15%