ASX:EDE

Stock Analysis Report

Eden Innovations

Executive Summary

Eden Innovations Ltd provides various clean technology solutions.

Snowflake

Fundamentals

Mediocre balance sheet with questionable track record.

Share Price & News

How has Eden Innovations's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EDE has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

EDE

1.7%

AU Oil and Gas

0.03%

AU Market


1 Year Return

-40.5%

EDE

3.0%

AU Oil and Gas

15.3%

AU Market

Return vs Industry: EDE underperformed the Australian Oil and Gas industry which returned 3% over the past year.

Return vs Market: EDE underperformed the Australian Market which returned 15.3% over the past year.


Shareholder returns

EDEIndustryMarket
7 Day0%1.7%0.03%
30 Day-4.1%4.2%0.5%
90 Day-6.0%11.9%4.7%
1 Year-40.5%-40.5%7.3%3.0%22.0%15.3%
3 Year-80.4%-80.4%21.1%8.3%40.8%21.6%
5 Year241.9%235.7%-4.1%-21.1%56.1%20.7%

Price Volatility Vs. Market

How volatile is Eden Innovations's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

3.71x

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 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 overvalued based on its PB Ratio (3.7x) compared to the AU Oil and Gas industry average (1.3x).


Next Steps

Future Growth

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

8.4%

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.


Next Steps

Past Performance

How has Eden Innovations performed over the past 5 years?

-35.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EDE has high quality earnings.

Growing Profit Margin: EDE's current net profit margins (-390%) are higher than last year (-818.1%).


Past Earnings Growth Analysis

Earnings Trend: EDE is unprofitable, and losses have increased over the past 5 years at a rate of -35.1% 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 (68.1%).


Return on Equity

High ROE: EDE has a negative Return on Equity (-43.8%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Eden Innovations's financial position?


Financial Position Analysis

Short Term Liabilities: EDE's short term assets (A$4.3M) exceeds its short term liabilities (A$1.5M)

Long Term Liabilities: EDE's short term assets (4.3M) exceeds its long term liabilities (801.1K)


Debt to Equity History and Analysis

Debt Level: EDE's debt to equity ratio (4.8%) is considered satisfactory

Reducing Debt: EDE's debt to equity ratio has increased from 0.1% to 4.8% over the past 5 years.


Balance Sheet

Inventory Level: EDE has a high level of physical assets or inventory.

Debt Coverage by Assets: EDE's debt is covered by short term assets (assets are 4.2x debt).


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 -9.8% each year


Next Steps

Dividend

What is Eden Innovations's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage4.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate EDE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate EDE's dividend yield against the top 25% of dividend payers, as the company has not reported any 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

What is the CEO of Eden Innovations's salary, the management and board of directors tenure and is there insider trading?

8.5yrs

Average board tenure


CEO

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


Board Age and Tenure

8.5yrs

Average Tenure

Experienced Board: EDE's board of directors are considered experienced (8.5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$7,97711 Mar 19
Noble Energy Pty Ltd, Asset Management Arm
EntityCompany
Shares150,000
Max PriceAU$0.053

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.9%.


Management Team

  • Roger Marmaro

    President & CEO of Eden Innovations LLC

    • Tenure: 0yrs
    • Compensation: AU$761.33k
  • Frank Lynch

    Techncial Consultant

    • Tenure: 0yrs
  • Greg Solomon

    Executive Chairman

    • Tenure: 15.8yrs
    • Compensation: AU$328.50k
  • Aaron Gates

    CFO & Company Secretary

    • Tenure: 11.5yrs
    • Compensation: AU$5.87k

Board Members

  • Lazaros Nikeas

    Non-Executive Director

    • Tenure: 1.5yrs
    • Compensation: AU$204.00k
  • Douglas Solomon

    Non-Executive Director

    • Tenure: 15.5yrs
    • Compensation: AU$59.13k
  • Stephen Dunmead (55yo)

    Non-Executive Director

    • Tenure: 1.5yrs
    • Compensation: AU$710.51k
  • Greg Solomon

    Executive Chairman

    • Tenure: 15.8yrs
    • Compensation: AU$328.50k

Company Information

Eden Innovations Ltd's company bio, 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$81.009m
  • Shares outstanding: 1.72b
  • Website: https://www.edeninnovations.com

Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EDEASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJun 2006
EDEY.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 2006
R9EDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 2006

Biography

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  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/15 10:34
End of Day Share Price2019/11/15 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.