EMERALD HOLDING INC (EEX) Stock Fundamental Analysis
USA - NYSE:EEX - US29103W1045 - Common Stock
4.84 USD
+0.02 (+0.41%)
4.84 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to EEX. EEX was compared to 95 industry peers in the Media industry. There are concerns on the financial health of EEX while its profitability can be described as average. EEX has a correct valuation and a medium 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
Looking at the Return On Assets, with a value of 0.66%, EEX is in line with its industry, outperforming 60.00% of the companies in the same industry.
EEX has a Return On Equity of 2.03%. This is in the better half of the industry: EEX outperforms 62.11% of its industry peers.
EEX's Return On Invested Capital of 7.44% is fine compared to the rest of the industry. EEX outperforms 76.84% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for EEX is in line with the industry average of 8.50%.
| 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
EEX has a better Profit Margin (1.83%) than 63.16% of its industry peers.
EEX's Operating Margin of 20.41% is amongst the best of the industry. EEX outperforms 92.63% of its industry peers.
In the last couple of years the Operating Margin of EEX has remained more or less at the same level.
EEX's Gross Margin of 63.27% is fine compared to the rest of the industry. EEX outperforms 74.74% of its industry peers.
EEX's Gross Margin has been stable in the last couple of years.
| 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.
Compared to 1 year ago, EEX has more shares outstanding
Compared to 5 years ago, EEX has more shares outstanding
EEX has a worse debt/assets ratio than last year.
2.2 Solvency
EEX has an Altman-Z score of 0.58. This is a bad value and indicates that EEX is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.58, EEX is doing worse than 61.05% of the companies in the same industry.
The Debt to FCF ratio of EEX is 10.20, which is on the high side as it means it would take EEX, 10.20 years of fcf income to pay off all of its debts.
EEX has a Debt to FCF ratio (10.20) which is comparable to the rest of the industry.
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: 61.05% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 10.2 | ||
| Altman-Z | 0.58 |
ROIC/WACC0.86
WACC8.62%
2.3 Liquidity
A Current Ratio of 1.05 indicates that EEX should not have too much problems paying its short term obligations.
EEX's Current ratio of 1.05 is in line compared to the rest of the industry. EEX outperforms 43.16% of 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.
EEX's Quick ratio of 1.05 is in line compared to the rest of the industry. EEX outperforms 45.26% of its industry peers.
| 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.
EEX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.96%.
The Revenue has been growing slightly by 2.02% on average over the past years.
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
EEX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 233.02% yearly.
EEX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.10% yearly.
EPS Next Y529.25%
EPS Next 2Y233.02%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year15.73%
Revenue Next 2Y11.1%
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
With a Price/Earnings ratio of 60.50, EEX can be considered very expensive at the moment.
EEX's Price/Earnings is on the same level as the industry average.
EEX's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.77.
With a Price/Forward Earnings ratio of 26.62, EEX can be considered very expensive at the moment.
EEX's Price/Forward Earnings ratio is in line with the industry average.
EEX's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 60.5 | ||
| Fwd PE | 26.62 |
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 is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.28 | ||
| EV/EBITDA | 11.23 |
4.3 Compensation for Growth
EEX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
EEX's earnings are expected to grow with 233.02% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.11
PEG (5Y)N/A
EPS Next 2Y233.02%
EPS Next 3YN/A
5. Dividend
5.1 Amount
EEX has a Yearly Dividend Yield of 1.26%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.46, EEX pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.26, EEX pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
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.
The dividend of EEX decreased recently.
Dividend Growth(5Y)-17.89%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
153.16% of the earnings are spent on dividend by EEX. This is not a sustainable payout ratio.
DP153.16%
EPS Next 2Y233.02%
EPS Next 3YN/A
4.84
+0.02 (+0.41%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners5.14%
Inst Owner Change-0.05%
Ins Owners0.53%
Ins Owner Change-0.97%
Market Cap958.17M
Analysts80
Price Target8.11 (67.56%)
Short Float %4.91%
Short Ratio12.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
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%
PT rev (3m)0.63%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-40%
EPS NY rev (1m)-5.56%
EPS NY rev (3m)-19.05%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.84%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 60.5 | ||
| Fwd PE | 26.62 | ||
| P/S | 2.21 | ||
| P/FCF | 19.28 | ||
| P/OCF | 16.46 | ||
| P/B | 2.46 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.23 |
EPS(TTM)0.08
EY1.65%
EPS(NY)0.18
Fwd EY3.76%
FCF(TTM)0.25
FCFY5.19%
OCF(TTM)0.29
OCFY6.07%
SpS2.19
BVpS1.97
TBVpS-2.64
PEG (NY)0.11
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 | 0.58 |
F-Score5
WACC8.62%
ROIC/WACC0.86
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 Y529.25%
EPS Next 2Y233.02%
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 Year15.73%
Revenue Next 2Y11.1%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y40.83%
EBIT growth 3YN/A
EBIT growth 5Y1.01%
EBIT Next Year169.24%
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%