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NewAge(NBEV.Q)株式概要
NewAge, Inc. develops, markets, sells, and distributes healthy products in the United States, Japan, China, and internationally. 詳細
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NewAge, Inc. 競合他社
価格と性能
| 過去の株価 | |
|---|---|
| 現在の株価 | US$0.0001 |
| 52週高値 | US$0.65 |
| 52週安値 | US$0.0001 |
| ベータ | 2.02 |
| 1ヶ月の変化 | 0% |
| 3ヶ月変化 | -83.33% |
| 1年変化 | -99.98% |
| 3年間の変化 | -99.99% |
| 5年間の変化 | -100.00% |
| IPOからの変化 | -99.99% |
最新ニュース
NewAge files for chapter 11 bankruptcy
NewAge (NASDAQ:NBEV) said Tuesday it filed for chapter 11 bankruptcy proceedings in Delaware after completing a strategic review. NBEV secured a commitment for a debtor in possession financing facility of $16M, subject to court approval. This financing, along with revenue generated from operations, will provide liquidity to support NBEV through the sale process. NBEV also filed a motion for court approval of an asset purchase deal with stalking horse bidder DIP Financing. NBEV intends to pursue a sale of substantially all of its assets as a going concern in one or more deals. The deal with DIP Financing is subject to NBEV receiving higher offers as part of its ongoing auction process. NBEV's management will continue to operate the business as debtors in possession. The company intends to pay vendors and partners under customary terms for goods and services received on or after the filing date, and to pay employees as usual. Shares of NBEV ended 74.2% higher on Tuesday.NewAge receives Nasdaq notice for non-compliance
NewAge (NASDAQ:NBEV) received an additional delinquency notice from the Nasdaq dated August 11, 2022 due to the company’s failure to file its quarterly report for the quarter ended June 30, 2022 with the SEC. Company received notices from Nasdaq on April 1, 2022 and May 12, 2022. Company must submit an update to its original compliance plan to Nasdaq by August 26, 2022.New Age: 4 Catalysts That We Like Including A Valuation That Is Too Cheap To Ignore
Once high-flying New Age has had its wings clipped and continues to suffer a hangover from the disasterous Brent Willis era. With Willis now gone, Interim CEO John Brennan is attempting to breathe new life into the company and has taken steps in an effort to increase shareholder value. Mr. Brennan's purchase of 500,000 shares of NBEV stock in November of 2021 at $1.21 (average) a share, certainly shows that he is financially motivated to turn the company around. With a price-to-sales ratio of just 0.077 and a book value of 0.154, the current share price reflects very low investor expectations and a worst-case scenario of complete failure. In the past, we have stayed away from NBEV stock, but given its current price level, we have initiated a long position and feel that the shares have simply become too cheap to ignore. New Life For New Age We have turned bullish on New Age, Inc. (NBEV). That is something that we never thought would happen. Four recent catalysts have caused us to do a complete 180-degree turn and aggressively begin accumulating the stock. The resignation of former CEO Brent Willis. The purchase of 500,000 shares by Interim CEO and Chairman Ed Brennan at a price of $1.21/share. Valuation metrics that have become too cheap to ignore. The announcement by the company that it has begun a review of strategic alternatives designed to maximize shareholder value. New Age, Inc., formerly New Age Beverages, is a company that we have followed for many years. The stock was an absolute rocket ship in the days of the CBD-cannabis craze. As is often the case, investors completely lost their perspective on both the size of the potential size of the CBD-infused beverage market, as well as the challenges that companies would face from a regulatory standpoint. Our September 2018 article on Seeking Alpha, Why The Road For CBD-Infused Beverages May Be Longer & Harder Than Investors Anticipate articulated our view that investors had gotten too far ahead of themselves, regarding their expectations for both the CBD beverage market and the company's potential for entry into this newly minted market. Subsequently, we began shorting call options at around the $9.50 to $9.90 price area, expecting that all the rampant hyperbole that was taking place across the Internet would eventually wear thin. Aside from the overly optimistic view of New Age by investors, the single biggest reason why we had serious doubts about NBEV's future was directly related to the company's CEO, Brent Willis. After the announcement that Mr. Willis had been named the CEO of New Age's predecessor company, American Brewing Company, we started the process of performing copious due diligence and research on Mr. Willis's professional background. We immediately began to question the chances of NBEV's success under a CEO who had a history of very poor decision-making and an unfortunate trail of failures at various other CEO positions, including Cott Beverage Corporation (COT). Prior to Cott, Mr. Willis held various executive and senior management positions at other CPG companies, which include Kraft Heinz (KHC), The Coca-Cola Company (KO) and AB InBev (BUD). In May 2006, Cott’s board pushed out its CEO, John Sheppard, who had built EBITDA to roughly $200 million through acquisitions and a focus on efficient manufacturing, and brought in a new CEO, Brent Willis, to execute the new plan. From then until March 2008 when Willis departed, Cott’s stock dropped from $15 to $2 per share, wiping out nearly $1 billion of equity value. Today, it trades at around $1.00 per share, less than tangible book value. Source: Seeking Alpha We also didn't care for the lucrative package that Mr. Willis walked away with from Cott after being fired from the company as CEO. After the Cott debacle, Mr. Willis attempted to navigate his way through the business of leading a company named ECIG. He was unsuccessful and the company eventually filed for Chapter 11 Bankruptcy. Regarding the ECIG venture: O'Neill's appointment followed the resignation of company founder and CEO Brent Willis and the $41 million infusion of new cash from private investors. In 2014, Willis took the company public, raising about $150 million in a stock offering that it used to acquire three competitors: FIN Electronic Cigarette Corp. of Atlanta, and two United Kingdom-based companies, Vapestick Holdings Ltd. and Must Have Ltd. Since its public offering, ECIG's stock has fallen from an adjusted price of $252 per share to penny stock status as the company entered private debt placements that have diluted the value of its common stock. In March, the company staged a 1-for-15 stock split after its stock fell below 10 cents per share. Since then, the company's stock has continued falling. The stock closed at 40 cents per share in trading on Monday, Aug. 10." Source: mLIVEWe We would point out that from January of 2019 to the time of his resignation from New Age, in January of 2022, NewAge Inc.’s share price declined a whopping 81%. We are strong believers in Carl Icahn's view of the important role of a CEO: "The CEO is, by far, the most important decision for a company... The company is going to rise and fall with the CEO." Carl Icahn on the Importance of a CEO (A-Z Quotes) Back in 2016, we held a very large position in the shares of beverage-maker Celsius Holdings, Inc. (CELH). We had gotten to know both the CEO, Gerry David as well as the CFO, John Fieldly through numerous conversations with them. We had a great deal of respect and confidence in Gerry David, since his business background included successfully turning around several struggling companies. There was such a huge dichotomy between Mr. David and Mr. Willis that we decided to write a blog article comparing the two men in their respective roles as Chief Executive Officers of publicly-traded companies. With the announced departure of Brent Willis from the C-suite at NBEV, we anticipated a breath of new life for New Age, Inc. and once again placed the company's shares on our watchlist. Given the lack of confidence that we had for Mr. Willis, at the helm of the company, our feeling is that a dark cloud has been lifted from New Age, Inc. and that NBEV will be a much different company going forward. Two Catalysts That Provide Optimism For Investors Two other events have also contributed to our optimism for NBEV. The first is the purchase of 500,000 shares at a price of $1.21 by Chairman of The Board and Interim CEO, John Brennan, on November 21, 2021. We view this large investment, of over $600,000, as a vote of confidence by the Interim CEO that there is inherent value in New Age, Inc. Insider Trades in NBEV For John Brennan (Fintel) The second is the announcement on June 8, 2022, that under Mr. Brennan's direction New Age, Inc. has hired external consultants to assist the company with the evaluation of strategic alternatives to maximize shareholder value. New Age, Inc., (NBEV), the Utah-based direct-to-consumer (D2C) organic and healthy products company, today announced that its Board of Directors has initiated a process to evaluate potential strategic alternatives to maximize shareholder value. As part of the process, the Board will consider a full range of strategic alternatives including available financing alternatives, a potential financial restructuring or a reorganization, merger, sale or other strategic transaction. Ed Brennan, New Age’s Chairman and interim Chief Executive Officer, commented, “Following a detailed evaluation over the past several months, we have determined that it is prudent to undertake a review of our strategic options to determine which alternative or alternatives, including our standalone plans, are in fact the best way to maximize shareholder value. Source: Yahoo Finance Having a CEO, who believes so strongly in a company, that he is willing to invest the sizable amount of money that Mr. Brennan has, tells investors that he has major skin in the game and is financially motivated to get the stock price higher over time. The Company's Business Fundamentals While all the above is certainly good news, a business has a value and that value is based on a number of fundamental metrics, such as price-to-sales ratio, P/E ratio, cash flows, the balance sheet, debt obligations and book value to name a few. As an investor, you want to buy the steak, not just the sizzle. Looking at the fundamentals for New Age, Inc., the first thing that caught our eye was that the company is delinquent in its obligations for both their 10-K Annual Report and their most recent 10-Q quarterly report for the period ending March 31, 2022. The company is out of compliance with the NASDAQ reporting rule. According to the company, they have filed a plan with NASDAQ to regain compliance with respect to the delinquent Form 10-K and the delinquent Form 10-Q. There has been no update as to whether the company, has in fact, filed their plan for review with regulators, or the status of the plan. Since all we have to work with are the numbers from the most recent 10-Q filed on November 9, 2021, for the period ending September 30, 2021, we are forced to use what is publicly available to produce the charts below. Data by YCharts New Age carries a price-to-sales ratio of 0.077 compared to an industry average of 4.22 The latest price-to-book ratio at 0.154 is also very low compared with others in the industry at an average P/B of 7.87. Data by YCharts Other metrics, as of the latest quarterly filing, show that the company has total assets of $405.6 million compared against total liabilities of $183.5 million, representing a current ratio of 2.21. The company had cash and cash equivalents of $46.8 million in the third quarter of 2021, compared to $43.7 in the third quarter of 2020. Net cash used in operating activities for the nine months ending in 2021 was ($25.6) million versus ($29.8) million for the same nine month period in 2020. It appears that the company has adequate cash to continue without the need to raise capital in the immediate future. The three months ending September 30, 2021 the loss was ($0.02) per share versus a loss of ($0.14) per share in Q3 of 2020. For the nine months ending September 30, 2021 the loss per share came to ($0.02) compared against a loss of ($0.38) in 2020. We would caution anyone considering an investment in NBEV to carefully weigh the risks versus the rewards of making a capital commitment, at this time, especially given the limited publicly available information resulting from the company's failure to file its most recent 10-K and 10-Q financial statements. New Age has a current market cap of only $34.3 million and is a micro-cap stock, as well as a penny stock by definition.Recent updates
株主還元
| NBEV.Q | US Personal Products | US 市場 | |
|---|---|---|---|
| 7D | 0% | -0.5% | -0.8% |
| 1Y | -100.0% | -19.0% | 27.1% |
業界別リターン: NBEV.Q過去 1 年間で-19 % の収益を上げたUS Personal Products業界を下回りました。
リターン対市場: NBEV.Qは、過去 1 年間で27.1 % のリターンを上げたUS市場を下回りました。
価格変動
| NBEV.Q volatility | |
|---|---|
| NBEV.Q Average Weekly Movement | 292.0% |
| Personal Products Industry Average Movement | 7.7% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.3% |
| 10% least volatile stocks in US Market | 3.2% |
安定した株価: NBEV.Qの株価は、 US市場と比較して過去 3 か月間で変動しています。
時間の経過による変動: NBEV.Qの 週次ボラティリティ は過去 1 年間で337%から292%に減少しましたが、依然としてUS株の 75% よりも高くなっています。
会社概要
| 設立 | 従業員 | CEO(最高経営責任者 | ウェブサイト |
|---|---|---|---|
| 2010 | n/a | Darren Zobrist | www.newage.com |
NewAge, Inc. 基礎のまとめ
| NBEV.Q 基礎統計学 | |
|---|---|
| 時価総額 | US$16.91k |
| 収益(TTM) | -US$7.14m |
| 売上高(TTM) | US$439.53m |
NBEV.Q は割高か?
公正価値と評価分析を参照収益と収入
| NBEV.Q 損益計算書(TTM) | |
|---|---|
| 収益 | US$439.53m |
| 売上原価 | US$142.56m |
| 売上総利益 | US$296.98m |
| その他の費用 | US$304.11m |
| 収益 | -US$7.14m |
直近の収益報告
Sep 30, 2021
次回決算日
該当なし
| 一株当たり利益(EPS) | -0.042 |
| グロス・マージン | 67.57% |
| 純利益率 | -1.62% |
| 有利子負債/自己資本比率 | 7.9% |
NBEV.Q の長期的なパフォーマンスは?
過去の実績と比較を見る企業分析と財務データの現状
| データ | 最終更新日(UTC時間) |
|---|---|
| 企業分析 | 2023/03/16 15:38 |
| 終値 | 2023/03/15 00:00 |
| 収益 | 2021/09/30 |
| 年間収益 | 2020/12/31 |
データソース
企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。
| パッケージ | データ | タイムフレーム | 米国ソース例 |
|---|---|---|---|
| 会社財務 | 10年 |
| |
| アナリストのコンセンサス予想 | +プラス3年 |
|
|
| 市場価格 | 30年 |
| |
| 所有権 | 10年 |
| |
| マネジメント | 10年 |
| |
| 主な進展 | 10年 |
|
* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。
特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。
分析モデルとスノーフレーク
本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。
シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。
業界およびセクターの指標
私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。
アナリスト筋
NewAge, Inc. これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6
| アナリスト | 機関 |
|---|---|
| Jeffrey Kauffman | Aegis Capital Corporation |
| Aaron Grey | Alliance Global Partners |
| Rommel Dionisio | Compass Point Research & Trading, LLC |