FDGE Stock Overview
Farmers Edge Inc. develops digital agriculture solutions in North America, Brazil, Australia, and Eastern Europe.
Farmers Edge Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$3.36|
|52 Week High||CA$21.00|
|52 Week Low||CA$3.20|
|1 Month Change||-40.21%|
|3 Month Change||-38.01%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-83.18%|
Recent News & Updates
Is Farmers Edge (TSE:FDGE) In A Good Position To Deliver On Growth Plans?
Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
|FDGE||CA Software||CA Market|
Return vs Industry: Insufficient data to determine how FDGE performed against the Canadian Software industry.
Return vs Market: Insufficient data to determine how FDGE performed against the Canadian Market.
|FDGE Average Weekly Movement||9.5%|
|Software Industry Average Movement||12.1%|
|Market Average Movement||9.4%|
|10% most volatile stocks in CA Market||17.3%|
|10% least volatile stocks in CA Market||3.5%|
Stable Share Price: FDGE is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: FDGE's weekly volatility (9%) has been stable over the past year.
About the Company
Farmers Edge Inc. develops digital agriculture solutions in North America, Brazil, Australia, and Eastern Europe. It offers FarmCommand, a cloud-based analytics software platform that provides real-time monitoring, alerts, predictive models, and outcome-based data recommendations offered through web-based platform, mobile app, and universal terminal. The Company sells its platform solutions through a network of channel partners comprising crop input manufacturers and retailers, seed and crop protection companies, equipment manufacturers, grain companies, insurance companies and agencies, and food manufacturers.
Farmers Edge Fundamentals Summary
|FDGE fundamental statistics|
Is FDGE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FDGE income statement (TTM)|
|Cost of Revenue||CA$41.65m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-1.52|
|Net Profit Margin||-151.73%|
How did FDGE perform over the long term?See historical performance and comparison
Is Farmers Edge 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 FDGE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FDGE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FDGE is unprofitable, so we can't compare its PE Ratio to the Canadian Software industry average.
PE vs Market: FDGE is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FDGE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FDGE is good value based on its PB Ratio (1.2x) compared to the CA Software industry average (5x).
How is Farmers Edge forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FDGE is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: FDGE is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: FDGE is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: FDGE's revenue (35.4% per year) is forecast to grow faster than the Canadian market (5.6% per year).
High Growth Revenue: FDGE's revenue (35.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FDGE's Return on Equity is forecast to be high in 3 years time
How has Farmers Edge performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FDGE is currently unprofitable.
Growing Profit Margin: FDGE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FDGE is unprofitable, but has reduced losses over the past 5 years at a rate of 4.3% per year.
Accelerating Growth: Unable to compare FDGE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FDGE is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (35.4%).
Return on Equity
High ROE: FDGE has a negative Return on Equity (-51.79%), as it is currently unprofitable.
How is Farmers Edge's financial position?
Financial Position Analysis
Short Term Liabilities: FDGE's short term assets (CA$88.1M) exceed its short term liabilities (CA$17.7M).
Long Term Liabilities: FDGE's short term assets (CA$88.1M) exceed its long term liabilities (CA$6.8M).
Debt to Equity History and Analysis
Debt Level: FDGE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if FDGE's debt to equity ratio has reduced 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: FDGE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: FDGE has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 5.9% each year.
What is Farmers Edge current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FDGE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FDGE'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 FDGE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FDGE'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 FDGE's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Wade Barnes (46 yo)
Mr. Wade Barnes is Co-Founder & Chief Executive Officer at Farmers Edge Inc. and serves as its Director since 2014. Prior to founding Farmers Edge, Mr. Barnes held a position as a Territory Manager at Unit...
Experienced Management: FDGE's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Experienced Board: FDGE's board of directors are considered experienced (5.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FDGE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: FDGE only recently listed within the past 12 months.
Farmers Edge Inc.'s employee growth, exchange listings and data sources
- Name: Farmers Edge Inc.
- Ticker: FDGE
- Exchange: TSX
- Founded: 2005
- Industry: Application Software
- Sector: Software
- Market Cap: CA$142.069m
- Shares outstanding: 41.91m
- Website: https://www.farmersedge.ca
Number of Employees
- Farmers Edge Inc.
- 25 Rothwell Road
- R3P 2M5
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/02 00:09|
|End of Day Share Price||2021/12/01 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.