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EVE

EVE InvestmentsASX:EVE Stock Report

Market Cap

AU$15.4m

7D

14.3%

1Y

-66.7%

Updated

15 Oct, 2021

Data

Company Financials +
EVE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

EVE Overview

EVE Investments Limited, together with its subsidiaries, engages in the production and marketing of nutrition, health, and wellness products in Australia, North America, Chin, and Asia.

EVE Investments Competitors

Price History & Performance

Summary of all time highs, changes and price drops for EVE Investments
Historical stock prices
Current Share PriceAU$0.004
52 Week HighAU$0.003
52 Week LowAU$0.014
Beta1.32
1 Month Change0%
3 Month Change-20.00%
1 Year Change-66.67%
3 Year Change-42.86%
5 Year Change-55.56%
Change since IPO-86.67%

Recent News & Updates

Shareholder Returns

EVEAU FoodAU Market
7D14.3%-0.04%0.1%
1Y-66.7%2.3%19.3%

Return vs Industry: EVE underperformed the Australian Food industry which returned 2.3% over the past year.

Return vs Market: EVE underperformed the Australian Market which returned 19.3% over the past year.

Price Volatility

Is EVE's price volatile compared to industry and market?
EVE volatility
EVE Beta1.32
Industry Beta0.54
Market Beta1

Stable Share Price: EVE is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 19% a week.

Volatility Over Time: EVE's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2003n/aBill Fryhttps://www.evehealthgroup.com.au

EVE Investments Limited, together with its subsidiaries, engages in the production and marketing of nutrition, health, and wellness products in Australia, North America, Chin, and Asia. The company operates through three segments: Jenbrook, Meluka, and Investment. It provides organic tea tree oils and essential oils; and distributes botanical oils.

EVE Investments Fundamentals Summary

How do EVE Investments's earnings and revenue compare to its market cap?
EVE fundamental statistics
Market CapAU$15.37m
Earnings (TTM)-AU$3.63m
Revenue (TTM)AU$2.80m

5.6x

P/S Ratio

-4.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EVE income statement (TTM)
RevenueAU$2.80m
Cost of RevenueAU$1.49m
Gross ProfitAU$1.31m
ExpensesAU$4.94m
Earnings-AU$3.63m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00095
Gross Margin46.80%
Net Profit Margin-129.62%
Debt/Equity Ratio5.5%

How did EVE perform over the long term?

See historical performance and comparison

Valuation

Is EVE Investments undervalued compared to its fair value and its price relative to the market?

1.51x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EVE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate EVE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: EVE is unprofitable, so we can't compare its PE Ratio to the Australian Food industry average.

PE vs Market: EVE 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 EVE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EVE's PB Ratio (1.5x) is in line with the AU Food industry average.


Future Growth

How is EVE Investments forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

80.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EVE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: EVE is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: EVE's is expected to become profitable in the next 3 years.

Revenue vs Market: EVE's revenue (33.8% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: EVE's revenue (33.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EVE's Return on Equity is forecast to be low in 3 years time (5%).


Past Performance

How has EVE Investments performed over the past 5 years?

-18.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EVE is currently unprofitable.

Growing Profit Margin: EVE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EVE is unprofitable, and losses have increased over the past 5 years at a rate of 18.3% per year.

Accelerating Growth: Unable to compare EVE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EVE is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (45.2%).


Return on Equity

High ROE: EVE has a negative Return on Equity (-35.64%), as it is currently unprofitable.


Financial Health

How is EVE Investments's financial position?


Financial Position Analysis

Short Term Liabilities: EVE's short term assets (A$4.7M) exceed its short term liabilities (A$951.5K).

Long Term Liabilities: EVE's short term assets (A$4.7M) exceed its long term liabilities (A$784.6K).


Debt to Equity History and Analysis

Debt Level: EVE's debt to equity ratio (5.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if EVE's debt to equity ratio has reduced 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: EVE has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: EVE has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 35.4% each year.


Dividend

What is EVE Investments's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate EVE'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 EVE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EVE'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 EVE'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?

2.5yrs

Average management tenure


CEO

Bill Fry (55 yo)

1.83yrs

Tenure

AU$401,393

Compensation

Mr. Gregory William Fry, also known as Bill, serves as Managing Director and Chief Executive Officer at EVE Investments Limited (formerly known as Energy Ventures Limited) since December 10, 2019 and serve...


CEO Compensation Analysis

Compensation vs Market: Bill's total compensation ($USD297.66K) is about average for companies of similar size in the Australian market ($USD300.24K).

Compensation vs Earnings: Bill's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: EVE's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: EVE's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

EVE Investments Limited's employee growth, exchange listings and data sources


Key Information

  • Name: EVE Investments Limited
  • Ticker: EVE
  • Exchange: ASX
  • Founded: 2003
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: AU$15.373m
  • Shares outstanding: 3.84b
  • Website: https://www.evehealthgroup.com.au

Location

  • EVE Investments Limited
  • 245 Churchill Avenue
  • Suite 1
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 15:41
End of Day Share Price2021/10/15 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.