ASX:EDE

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Eden Innovations

Executive Summary

Eden Innovations Ltd provides various clean technology solutions. More Details


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.2%

EDE

1.9%

AU Oil and Gas

0.3%

AU Market


1 Year Return

-49.0%

EDE

-37.1%

AU Oil and Gas

-5.4%

AU Market

Return vs Industry: EDE underperformed the Australian Oil and Gas industry which returned -37.8% over the past year.

Return vs Market: EDE underperformed the Australian Market which returned -5.7% over the past year.


Shareholder returns

EDEIndustryMarket
7 Day4.2%1.9%0.3%
30 Day0%1.6%6.3%
90 Day-13.8%-8.0%3.7%
1 Year-49.0%-49.0%-34.5%-37.1%-2.1%-5.4%
3 Year-83.3%-83.3%-22.8%-30.9%18.3%3.3%
5 Year-63.2%-63.2%-16.6%-29.5%43.1%14.0%

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?

2.74x

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 AU 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 (2.7x) compared to the AU Oil and Gas industry average (1.5x).


Next Steps

Future Growth

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

48.7%

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?

-19.1%

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 19.1% 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 (-44.9%).


Return on Equity

High ROE: EDE has a negative Return on Equity (-57.88%), as it is currently unprofitable.


Next Steps

Financial Health

How is Eden Innovations's financial position?


Financial Position Analysis

Short Term Liabilities: EDE's short term assets (A$2.6M) exceed its short term liabilities (A$1.9M).

Long Term Liabilities: EDE's short term assets (A$2.6M) do not cover its long term liabilities (A$5.2M).


Debt to Equity History and Analysis

Debt Level: EDE's debt to equity ratio (38.1%) is considered satisfactory.

Reducing Debt: EDE's debt to equity ratio has increased from 13.3% to 38.1% 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 20.8% each year


Next Steps

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?

9.4yrs

Average board tenure


CEO

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


Board Members

NamePositionTenureCompensationOwnership
Gregory Solomon
Executive Chairman16.75yrsAU$288.38k2.42%
A$ 1.1m
Lazaros Nikeas
Non-Executive Director2.42yrsAU$82.63k0.16%
A$ 73.0k
Douglas Solomon
Non-Executive Director16.42yrsAU$51.91k2.07%
A$ 973.6k
Stephen Dunmead
Non-Executive Director2.42yrsAU$208.20k0.21%
A$ 98.0k

9.4yrs

Average Tenure

Experienced Board: EDE's board of directors are considered experienced (9.4 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.9%.


Top Shareholders

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$46.935m
  • Shares outstanding: 1.88b
  • 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 Analysis2020/10/21 10:42
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.