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EDE

Eden InnovationsASX:EDE Stock Report

Market Cap

AU$46.0m

7D

-9.5%

1Y

-26.9%

Updated

18 Oct, 2021

Data

Company Financials
EDE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

EDE Overview

Eden Innovations Ltd provides various clean technology solutions.

Price History & Performance

Summary of all time highs, changes and price drops for Eden Innovations
Historical stock prices
Current Share PriceAU$0.019
52 Week HighAU$0.015
52 Week LowAU$0.045
Beta0.68
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

Sep 01
Would Eden Innovations (ASX:EDE) Be Better Off With Less Debt?

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...

Mar 16
Eden Innovations (ASX:EDE) Has Debt But No Earnings; Should You Worry?

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...

Shareholder Returns

EDEAU Oil and GasAU Market
7D-9.5%0.5%0.9%
1Y-26.9%48.9%20.2%

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.

Price Volatility

Is EDE's price volatile compared to industry and market?
EDE volatility
EDE Beta0.68
Industry Beta1.28
Market Beta1

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

FoundedEmployeesCEOWebsite
2004n/an/ahttps://www.edeninnovations.com

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

How do Eden Innovations's earnings and revenue compare to its market cap?
EDE fundamental statistics
Market CapAU$46.01m
Earnings (TTM)-AU$5.76m
Revenue (TTM)AU$3.29m

12.7x

P/S Ratio

-7.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EDE income statement (TTM)
RevenueAU$3.29m
Cost of RevenueAU$947.22k
Gross ProfitAU$2.34m
ExpensesAU$8.10m
Earnings-AU$5.76m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0026
Gross Margin71.21%
Net Profit Margin-175.03%
Debt/Equity Ratio29.0%

How did EDE perform over the long term?

See historical performance and comparison

Valuation

Is Eden Innovations undervalued compared to its fair value and its price relative to the market?

2.29x

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).


Future Growth

How is Eden Innovations forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.8%

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.


Past Performance

How has Eden Innovations performed over the past 5 years?

-0.6%

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.


Financial Health

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.


Balance Sheet


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


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

10.4yrs

Average board tenure


CEO

Eden Innovations has no CEO, or we have no data on them.


Board Members

Experienced Board: EDE's board of directors are seasoned and experienced ( 10.4 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.7%.


Top Shareholders

Company Information

Eden Innovations Ltd's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Eden Innovations Ltd
  • 197 St Georges Terrace
  • Level 15
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:03
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.