AIM:EVE

Stock Analysis Report

Executive Summary

eve Sleep Plc operates as a direct to consumer sleep brand worldwide.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has eve Sleep's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EVE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.8%

EVE

-0.3%

GB Online Retail

-0.5%

GB Market


1 Year Return

-86.8%

EVE

22.0%

GB Online Retail

6.0%

GB Market

Return vs Industry: EVE underperformed the UK Online Retail industry which returned 22% over the past year.

Return vs Market: EVE underperformed the UK Market which returned 6% over the past year.


Shareholder returns

EVEIndustryMarket
7 Day-5.8%-0.3%-0.5%
30 Day-31.0%-3.7%-1.8%
90 Day-51.0%5.4%2.4%
1 Year-86.8%-86.8%22.7%22.0%11.5%6.0%
3 Yearn/a45.3%42.2%18.2%3.5%
5 Yearn/a89.9%81.5%34.3%3.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is eve Sleep undervalued compared to its fair value and its price relative to the market?

0.25x

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 Online Retail industry average.

PE vs Market: EVE is unprofitable, so we can't compare its PE Ratio to the UK 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 is good value based on its PB Ratio (0.2x) compared to the GB Online Retail industry average (4.5x).


Next Steps

Future Growth

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

45.4%

Forecasted Retail 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 eve Sleep 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 eve Sleep performed over the past 5 years?

-24.4%

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 -24.4% 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 Online Retail industry (-7.2%).


Return on Equity

High ROE: EVE has a negative Return on Equity (-114.78%), as it is currently unprofitable.


Next Steps

Financial Health

How is eve Sleep's financial position?


Financial Position Analysis

Short Term Liabilities: EVE's short term assets (£17.0M) exceed its short term liabilities (£4.9M).

Long Term Liabilities: EVE's short term assets (£17.0M) exceed its long term liabilities (£100.0K).


Debt to Equity History and Analysis

Debt Level: EVE is debt free.

Reducing Debt: EVE has not had any debt for past 5 years.


Balance Sheet

Inventory Level: EVE has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if EVE's debt is covered by short term assets.


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 less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: EVE has less than a year of cash runway if free cash flow continues to reduce at historical rates of -30.9% each year


Next Steps

Dividend

What is eve Sleep'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 payouts.

High Dividend: Unable to evaluate EVE'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 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 UK market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average board tenure


CEO

James Sturrock (40yo)

1.4yrs

Tenure

UK£179,024

Compensation

Mr. James Graham Sturrock serves as Chief Executive Officer and Executive Director at Eve Sleep Plc since September 10, 2018. He was Managing Director and CRO of Moonpig.com at PhotoBox Limited since 2014. ...


CEO Compensation Analysis

Compensation vs Market: James's total compensation ($USD231.41K) is about average for companies of similar size in the UK market ($USD323.15K).

Compensation vs Earnings: Insufficient data to compare James's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
James Sturrock
CEO & Executive Director1.4yrsUK£179.02k0.097% £3.1k
Abid Ismail
Executive Director3.3yrsUK£140.70k1.59% £50.9k
Paul R. Pindar
Non-Executive Chairman0yrsUK£30.00k6.34% £202.5k
Thomas Enraght-Moony
Independent Non-Executive Director2.8yrsUK£30.00kno data
Nicola Crumpton
Senior Independent Non-Executive Director1.4yrsUK£10.16kno data

2.1yrs

Average Tenure

48yo

Average Age

Experienced Board: EVE's board of directors are not considered experienced ( 2.1 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 been diluted in the past year, with total shares outstanding growing by 33.3%.


Top Shareholders

Company Information

eve Sleep Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: eve Sleep Plc
  • Ticker: EVE
  • Exchange: AIM
  • Founded: 2014
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: UK£3.194m
  • Shares outstanding: 260.74m
  • Website: https://www.evesleep.co.uk

Number of Employees


Location

  • eve Sleep Plc
  • 128 Albert Street
  • Camden
  • London
  • Greater London
  • NW1 7NE
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EVEAIM (London Stock Exchange AIM Market)YesNew Ordinary SharesGBGBPMay 2017

Biography

eve Sleep Plc operates as a direct to consumer sleep brand worldwide. The company designs, brands, markets, and sells mattresses, bed frames, pillows, and bedding products; and home and travel accessories, such as jersey pyjamas, small electrical clocks and sleep aid lights, and home fragrances, as well as travel and kitchen products. It sells its products through retail partnerships and online. The company was founded in 2014 and is headquartered in London, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 23:00
End of Day Share Price2020/02/24 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.