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eve Sleep

AIM:EVE
Snowflake Description

High growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EVE
AIM
£16M
Market Cap
  1. Home
  2. GB
  3. Retail
Company description

eve Sleep Plc operates as a direct to consumer e-commerce sleep brand worldwide. The last earnings update was 37 days ago. More info.


Add to Portfolio Compare Print
  • eve Sleep has significant price volatility in the past 3 months.
EVE Share Price and Events
7 Day Returns
12.6%
AIM:EVE
2.8%
GB Online Retail
1%
GB Market
1 Year Returns
-94%
AIM:EVE
18.7%
GB Online Retail
1.6%
GB Market
EVE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
eve Sleep (EVE) 12.6% -13.2% -39.8% -94% - -
GB Online Retail 2.8% 12.9% 28.6% 18.7% 85.6% 72.8%
GB Market 1% 2.3% 8.6% 1.6% 14% 5.9%
1 Year Return vs Industry and Market
  • EVE underperformed the Online Retail industry which returned 18.7% over the past year.
  • EVE underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 1.6% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is eve Sleep undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of eve Sleep to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for eve Sleep.

AIM:EVE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AIM:EVE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Online Retail Unlevered Beta Simply Wall St/ S&P Global 1.7
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.7 (1 + (1- 19%) (0%))
1.469
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.47
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.469 * 6.65%)
11%

Discounted Cash Flow Calculation for AIM:EVE using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for eve Sleep is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

AIM:EVE DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 11%)
2019 -9.50 Analyst x1 -8.56
2020 -2.10 Analyst x1 -1.70
2021 1.50 Analyst x1 1.10
2022 6.30 Analyst x1 4.15
2023 10.96 Est @ 73.97% 6.51
2024 16.68 Est @ 52.15% 8.92
2025 22.82 Est @ 36.87% 11.00
2026 28.80 Est @ 26.18% 12.50
2027 34.18 Est @ 18.69% 13.37
2028 38.78 Est @ 13.45% 13.66
Present value of next 10 years cash flows £60.93
AIM:EVE DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £38.78 × (1 + 1.23%) ÷ (11% – 1.23%)
£401.81
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £401.81 ÷ (1 + 11%)10
£141.55
AIM:EVE Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £60.93 + £141.55
£202.48
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £202.48 / 260.05
£0.78
AIM:EVE Discount to Share Price
Calculation Result
Value per share (GBP) From above. £0.78
Current discount Discount to share price of £0.06
= -1 x (£0.06 - £0.78) / £0.78
92%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price eve Sleep is available for.
Intrinsic value
>50%
Share price is £0.0625 vs Future cash flow value of £0.7786
Current Discount Checks
For eve Sleep to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • eve Sleep's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • eve Sleep's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for eve Sleep's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are eve Sleep's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:EVE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in GBP £-0.14
AIM:EVE Share Price ** AIM (2019-04-18) in GBP £0.06
United Kingdom of Great Britain and Northern Ireland Online Retail Industry PE Ratio Median Figure of 9 Publicly-Listed Online Retail Companies 41.11x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 795 Publicly-Listed Companies 16.28x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of eve Sleep.

AIM:EVE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:EVE Share Price ÷ EPS (both in GBP)

= 0.06 ÷ -0.14

-0.43x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • eve Sleep is loss making, we can't compare its value to the GB Online Retail industry average.
  • eve Sleep is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does eve Sleep's expected growth come at a high price?
Raw Data
AIM:EVE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.43x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
83.7%per year
United Kingdom of Great Britain and Northern Ireland Online Retail Industry PEG Ratio Median Figure of 7 Publicly-Listed Online Retail Companies 1.85x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 563 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for eve Sleep, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on eve Sleep's assets?
Raw Data
AIM:EVE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in GBP £0.05
AIM:EVE Share Price * AIM (2019-04-18) in GBP £0.06
United Kingdom of Great Britain and Northern Ireland Online Retail Industry PB Ratio Median Figure of 17 Publicly-Listed Online Retail Companies 4.32x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,365 Publicly-Listed Companies 1.52x
AIM:EVE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:EVE Share Price ÷ Book Value per Share (both in GBP)

= 0.06 ÷ 0.05

1.22x

* Primary Listing of eve Sleep.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • eve Sleep is good value based on assets compared to the GB Online Retail industry average.
X
Value checks
We assess eve Sleep's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Online Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Online Retail industry average (and greater than 0)? (1 check)
  5. eve Sleep has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is eve Sleep expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
83.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is eve Sleep expected to grow at an attractive rate?
  • eve Sleep's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • eve Sleep's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • eve Sleep's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:EVE Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:EVE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 83.7%
AIM:EVE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 22.2%
United Kingdom of Great Britain and Northern Ireland Online Retail Industry Earnings Growth Rate Market Cap Weighted Average 32%
United Kingdom of Great Britain and Northern Ireland Online Retail Industry Revenue Growth Rate Market Cap Weighted Average 12.9%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11.1%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:EVE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:EVE Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 84 7 6 1
2021-12-31 64 3 2 1
2020-12-31 48 -1 -1 1
2019-12-31 35 -9 -9 1
AIM:EVE Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-12-31 35 -21 -20
2018-09-30 35 -19 -21
2018-06-30 35 -20 -22
2018-03-31 31 -19 -20
2017-12-31 28 -18 -19
2017-09-30 23 -18 -18
2017-06-30 18 -14 -17
2017-03-31 15 -12 -14
2016-12-31 12 -10 -11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • eve Sleep's earnings are expected to grow significantly at over 20% yearly.
  • eve Sleep's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:EVE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from eve Sleep Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:EVE Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.02 0.02 0.02 1.00
2021-12-31 0.01 0.01 0.01 1.00
2020-12-31 0.00 0.00 0.00 1.00
2019-12-31 -0.04 -0.04 -0.04 1.00
AIM:EVE Past Financials Data
Date (Data in GBP Millions) EPS *
2018-12-31 -0.14
2018-09-30 -0.14
2018-06-30 -0.16
2018-03-31 -0.16
2017-12-31 -0.16
2017-09-30 -0.20
2017-06-30 -0.20
2017-03-31 -0.19
2016-12-31 -0.17

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if eve Sleep will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess eve Sleep's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
eve Sleep has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has eve Sleep performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare eve Sleep's growth in the last year to its industry (Online Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • eve Sleep does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare eve Sleep's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare eve Sleep's 1-year growth to the GB Online Retail industry average as it is not currently profitable.
Earnings and Revenue History
eve Sleep's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from eve Sleep Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:EVE Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 34.82 -20.11 37.92
2018-09-30 34.93 -20.99 39.60
2018-06-30 35.04 -21.88 41.27
2018-03-31 31.39 -20.43 37.07
2017-12-31 27.74 -18.98 32.87
2017-09-30 23.06 -18.11 28.91
2017-06-30 18.37 -17.24 24.95
2017-03-31 15.17 -14.29 21.05
2016-12-31 11.97 -11.34 17.15
2015-12-31 2.10 -1.20 2.21

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if eve Sleep has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if eve Sleep has efficiently used its assets last year compared to the GB Online Retail industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if eve Sleep improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess eve Sleep's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Online Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
eve Sleep has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is eve Sleep's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up eve Sleep's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • eve Sleep is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • eve Sleep has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of eve Sleep's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • eve Sleep has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from eve Sleep Company Filings, last reported 3 months ago.

AIM:EVE Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 7.13 0.00 6.03
2018-09-30 7.13 0.00 6.03
2018-06-30 14.90 0.00 16.70
2018-03-31 14.90 0.00 16.70
2017-12-31 26.84 0.00 26.93
2017-09-30 26.84 0.00 26.93
2017-06-30 35.00 0.00 37.20
2017-03-31 35.00 0.00 37.20
2016-12-31 3.29 0.00 4.64
2015-12-31 1.61 0.00 1.56
  • eve Sleep has no debt.
  • eve Sleep has not taken on any debt in 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.

  • eve Sleep has less than a year of cash runway based on current free cash flow.
  • eve Sleep has less than a year of cash runway if free cash flow continues to grow at historical rates of 42.7% each year.
X
Financial health checks
We assess eve Sleep's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. eve Sleep has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is eve Sleep's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from eve Sleep dividends. Estimated to be 0% next year.
If you bought £2,000 of eve Sleep shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate eve Sleep's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate eve Sleep's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:EVE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Online Retail Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 3.8%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:EVE Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as eve Sleep has not reported any payouts.
  • Unable to verify if eve Sleep's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of eve Sleep's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as eve Sleep has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of eve Sleep's dividends in 3 years as they are not expected to pay a notable one for United Kingdom of Great Britain and Northern Ireland.
X
Income/ dividend checks
We assess eve Sleep's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can eve Sleep afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. eve Sleep has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
James Sturrock
AGE 40
TENURE AS CEO 0.6 years
CEO Bio

Mr. James Graham Sturrock serves as Chief Executive Officer at Eve Sleep Plc since September 10, 2018. He was Managing Director and CRO of Moonpig.com at PhotoBox Limited since 2014. Mr. Sturrock leads a business that is a perfect combination of a leader and a disruptor. He has spent his working life working for market leaders or category disrupters, embracing a challenge and relishing empowering the underdog in business. He served as Commercial and Marketing Director of Direct Line Group from 2011 to 2014. He served as Head of Acquisition Marketing at Direct Line from 2008 to 2011 and served as its Senior Marketing Manager from 2007 to 2008. He served as Marketing and e-Marketing Manager of Privilege RBS Group from 2005 to 2007. He served as Ecommerce Relationship Manager of The AA from 2003 to 2004. He completed Graduate Management Scheme, Centrica from 2002 to 2003. Mr. Sturrock holds a BA from the University of Reading in European Economics and Politics with French Language.

CEO Compensation
  • Insufficient data for James to compare compensation growth.
  • Insufficient data for James to establish whether their remuneration is reasonable compared to companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Jas Bagniewski

TITLE
COMPENSATION
£133K
AGE
36

Abid Ismail

TITLE
CFO & Executive Director
COMPENSATION
£130K

Kuba Wieczorek

TITLE
Chief marketing Officer
COMPENSATION
£113K

James Sturrock

TITLE
Chief Executive Officer
AGE
40
TENURE
0.6 yrs

Felix Lobkowicz

TITLE
Chief Operating Officer

James Fryer

TITLE
Head of Business Development
Board of Directors Tenure

Average tenure and age of the eve Sleep board of directors in years:

2
Average Tenure
54
Average Age
  • The average tenure for the eve Sleep board of directors is less than 3 years, this suggests a new board.
Board of Directors

Paul R. Pindar

TITLE
Non-Executive Chairman
COMPENSATION
£25K
AGE
58

Abid Ismail

TITLE
CFO & Executive Director
COMPENSATION
£130K
TENURE
2.4 yrs

Peter Hepworth

TITLE
Independent Non-Executive Director
COMPENSATION
£18K
AGE
54
TENURE
2 yrs

Nikki Crumpton

TITLE
Senior Independent Non-Executive Director
AGE
48
TENURE
0.6 yrs

Tom Enraght-Moony

TITLE
Independent Non-Executive Director
COMPENSATION
£20K
TENURE
2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess eve Sleep's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. eve Sleep has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Imagine Owning eve Sleep (LON:EVE) And Trying To Stomach The 93% Share Price Drop

Given that eve Sleep didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. … In the last twelve months, eve Sleep increased its revenue by 91%. … We'd recommend taking a very close look at the stock (and any available forecasts), before considering a purchase, because the share price is not correlated with the revenue growth, that's for sure.

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What You Must Know About eve Sleep Plc's (LON:EVE) Financial Strength

The direct benefit for eve Sleep Plc (LON:EVE), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is EVE will have to adhere to stricter debt covenants and have less financial flexibility. … Does EVE's growth rate justify its decision for financial flexibility over lower cost of capital.

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Loss-Making eve Sleep Plc (LON:EVE) Expected To Breakeven

The UK£24m market-cap posted a loss in its most recent financial year of -UK£19m and a latest trailing-twelve-month loss of -UK£22m leading to an even wider gap between loss and breakeven? … I’ve put together a brief outline of industry analyst expectations for EVE, its year of breakeven and its implied growth rate … Check out our latest analysis for eve Sleep

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Does eve Sleep Plc's (LON:EVE) Past Performance Indicate A Weaker Future?

Improvement in profitability and outperformance against the industry can be important characteristics in a stock for some investors. … Was EVE's recent earnings decline worse than the long-term trend and the industry. … EVE is loss-making, with the most recent trailing twelve-month earnings of -UK£18.98m (from 31 December 2017), which compared to last year has become.

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Eve Sleep Plc (LON:EVE): When Will It Breakeven?

In this article, I will touch on the expectations for EVE’s growth and when analysts expect the company to become profitable. … It turns out an average annual growth rate of 70.29% is expected, which signals high confidence from analysts. … AIM:EVE Past Future Earnings Mar 9th 18 Underlying developments driving EVE’s growth isn’t the focus of this broad overview, though, take into account that by and large a high growth rate is not out of the ordinary, particularly when a company is in a period of investment.

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Is Eve Sleep Plc's (AIM:EVE) Liquidity As Good As Its Solvency?

Eve Sleep Plc (AIM:EVE), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … However, the trade-off is EVE will have to follow strict debt obligations which will reduce its financial flexibility. … View our latest analysis for Eve Sleep Does EVE's growth rate justify its decision for financial flexibility over lower cost of capital?

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Who Are The Largest Shareholders In Eve Sleep Plc (AIM:EVE)?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … Private Company Ownership Another important group of owners for potential investors in EVE are private companies that hold a stake of 3.08% in EVE. … The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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Should You Invest In The Tech Sector And Eve Sleep Plc (AIM:EVE)?

Tech analysts are forecasting for the entire software tech industry, a strong double-digit growth of 14.18% in the upcoming year , and a massive growth of 56.02% over the next couple of years. … This rate is larger than the growth rate of the UK stock market as a whole. … If EVE has been on your watchlist for a while, now may be the time to enter into the stock, if you like its growth prospects and are not highly concentrated in the tech industry.

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Company Info

Description

eve Sleep Plc operates as a direct to consumer e-commerce sleep brand worldwide. It designs, brands, markets, and sells mattresses, as well as other sleep products, including linen bedding products, bedspreads, throws, towels, pillows, sheets, duvets, protectors, and toppers. The company sells its products through offline and online retailers. eve Sleep Plc was incorporated in 2014 and is based in London, the United Kingdom.

Details
Name: eve Sleep Plc
EVE
Exchange: AIM
Founded: 2014
£16,253,280
260,052,484
Website: http://www.evesleep.co.uk
Address: eve Sleep Plc
128 Albert Street,
Camden,
London,
Greater London, NW1 7NE,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM EVE New Ordinary Shares London Stock Exchange AIM Market GB GBP 18. May 2017
Number of employees
Current staff
Staff numbers
96
eve Sleep employees.
Industry
Internet and Direct Marketing Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 22:32
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/03
Last earnings filing: 2019/03/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.