Eden Innovations Ltd provides various clean technology solutions.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.019|
|52 Week High||AU$0.015|
|52 Week Low||AU$0.045|
|1 Month Change||-13.64%|
|3 Month Change||-5.00%|
|1 Year Change||-26.92%|
|3 Year Change||-80.41%|
|5 Year Change||-91.56%|
|Change since IPO||-89.14%|
Recent News & Updates
Would Eden Innovations (ASX:EDE) Be Better Off With Less Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Eden Innovations (ASX:EDE) Has Debt But No Earnings; Should You Worry?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
|EDE||AU Oil and Gas||AU Market|
Return vs Industry: EDE underperformed the Australian Oil and Gas industry which returned 48.9% over the past year.
Return vs Market: EDE underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: EDE is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: EDE's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Eden Innovations Ltd provides various clean technology solutions. The company develops, manufactures, and sells EdenCrete, a carbon nanotube enriched admixture for concrete; and OptiBlend, a retrofit dual fuel technology. It is also involved in pyrolysis process, a technology to produce carbon nanotube and carbon nanofibre, and hydrogen from natural gas.
Eden Innovations Fundamentals Summary
|EDE fundamental statistics|
Is EDE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|EDE income statement (TTM)|
|Cost of Revenue||AU$947.22k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0026|
|Net Profit Margin||-175.03%|
How did EDE perform over the long term?See historical performance and comparison
Is Eden Innovations undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate EDE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate EDE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: EDE is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.
PE vs Market: EDE is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EDE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EDE is good value based on its PB Ratio (2.3x) compared to the AU Oil and Gas industry average (2.5x).
How is Eden Innovations forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Eden Innovations has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Eden Innovations performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EDE is currently unprofitable.
Growing Profit Margin: EDE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EDE is unprofitable, and losses have increased over the past 5 years at a rate of 0.6% per year.
Accelerating Growth: Unable to compare EDE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EDE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.5%).
Return on Equity
High ROE: EDE has a negative Return on Equity (-31.74%), as it is currently unprofitable.
How is Eden Innovations's financial position?
Financial Position Analysis
Short Term Liabilities: EDE's short term assets (A$4.7M) do not cover its short term liabilities (A$5.8M).
Long Term Liabilities: EDE's short term assets (A$4.7M) exceed its long term liabilities (A$504.5K).
Debt to Equity History and Analysis
Debt Level: EDE's debt to equity ratio (29%) is considered satisfactory.
Reducing Debt: EDE's debt to equity ratio has increased from 0.1% to 29% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: EDE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EDE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.2% each year
What is Eden Innovations's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EDE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EDE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if EDE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EDE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EDE's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Eden Innovations has no CEO, or we have no data on them.
Experienced Board: EDE's board of directors are seasoned and experienced ( 10.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.7%.
Eden Innovations Ltd's employee growth, exchange listings and data sources
- Name: Eden Innovations Ltd
- Ticker: EDE
- Exchange: ASX
- Founded: 2004
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: AU$46.009m
- Shares outstanding: 2.19b
- Website: https://www.edeninnovations.com
- Eden Innovations Ltd
- 197 St Georges Terrace
- Level 15
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 07:03|
|End of Day Share Price||2021/10/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.