EMERALD HOLDING INC (EEX) Stock Fundamental Analysis
USA - NYSE:EEX - US29103W1045 - Common Stock
4.98 USD
-0.02 (-0.4%)
4.98 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
EEX had positive earnings in the past year.
EEX had a positive operating cash flow in the past year.
In the past 5 years EEX reported 4 times negative net income.
Of the past 5 years EEX 4 years had a positive operating cash flow.
1.2 Ratios
EEX has a Return On Assets (0.66%) which is in line with its industry peers.
EEX has a better Return On Equity (2.03%) than 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
EEX's Profit Margin of 1.83% is fine compared to the rest of the industry. EEX outperforms 61.62% of its industry peers.
EEX's Operating Margin of 20.41% is amongst the best of the industry. EEX outperforms 90.91% of its industry peers.
In the last couple of years the Operating Margin of EEX has remained more or less at the same level.
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.
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.
EEX has more shares outstanding than it did 1 year ago.
EEX has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, EEX has a worse debt to assets ratio.
2.2 Solvency
EEX has an Altman-Z score of 0.60. This is a bad value and indicates that EEX is not financially healthy and even has some risk of bankruptcy.
EEX's Altman-Z score of 0.60 is on the low side compared to the rest of the industry. EEX is outperformed by 61.62% of its industry peers.
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.
Looking at the Debt to FCF ratio, with a value of 10.20, EEX is in the better half of the industry, outperforming 61.62% of the companies in the same industry.
EEX has a Debt/Equity ratio of 1.29. This is a high value indicating a heavy dependency on external financing.
EEX's Debt to Equity ratio of 1.29 is on the low side compared to the rest of the industry. EEX is outperformed by 62.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 10.2 | ||
| Altman-Z | 0.6 |
ROIC/WACC0.86
WACC8.65%
2.3 Liquidity
A Current Ratio of 1.05 indicates that EEX should not have too much problems paying 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.
EEX has a Quick ratio (1.05) which 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.
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
The Earnings Per Share is expected to grow by 247.85% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 11.10% on average over the next years. This is quite good.
EPS Next Y554.5%
EPS Next 2Y247.85%
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
The Price/Earnings ratio is 62.25, which means the current valuation is very expensive for EEX.
EEX's Price/Earnings is on the same level as the industry average.
EEX is valuated expensively when we compare the Price/Earnings ratio to 27.20, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 24.65, the valuation of EEX can be described as rather expensive.
EEX's Price/Forward Earnings is on the same level as the industry average.
EEX is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 62.25 | ||
| Fwd PE | 24.65 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as EEX.
Based on the Price/Free Cash Flow ratio, EEX is valued a bit cheaper than 61.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.84 | ||
| EV/EBITDA | 11.47 |
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.
A more expensive valuation may be justified as EEX's earnings are expected to grow with 247.85% in the coming years.
PEG (NY)0.11
PEG (5Y)N/A
EPS Next 2Y247.85%
EPS Next 3YN/A
5. Dividend
5.1 Amount
EEX has a Yearly Dividend Yield of 1.19%.
EEX's Dividend Yield is a higher than the industry average which is at 4.58.
With a Dividend Yield of 1.19, EEX pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.19% |
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
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
4.98
-0.02 (-0.4%)
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 Cap985.89M
Analysts80
Price Target8.11 (62.85%)
Short Float %5.02%
Short Ratio13.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.19% |
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)0%
EPS NQ rev (3m)-40%
EPS NY rev (1m)-14.29%
EPS NY rev (3m)-14.29%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.84%
Revenue NY rev (1m)2.07%
Revenue NY rev (3m)2.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 62.25 | ||
| Fwd PE | 24.65 | ||
| P/S | 2.28 | ||
| P/FCF | 19.84 | ||
| P/OCF | 16.94 | ||
| P/B | 2.53 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.47 |
EPS(TTM)0.08
EY1.61%
EPS(NY)0.2
Fwd EY4.06%
FCF(TTM)0.25
FCFY5.04%
OCF(TTM)0.29
OCFY5.9%
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 | 0.6 |
F-Score5
WACC8.65%
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 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 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 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%