Edison Nation, Inc. operates as a consumer product research and development, manufacturing, sales, and fulfillment company worldwide.
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Overvalued with weak fundamentals.
Share Price & News
How has Edison Nation's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EDNT's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: EDNT underperformed the US Leisure industry which returned -27.9% over the past year.
Return vs Market: EDNT underperformed the US Market which returned -11.5% over the past year.
Price Volatility Vs. Market
How volatile is Edison Nation's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StSome Edison Nation (NASDAQ:EDNT) Shareholders Are Down 47%
4 months ago | Simply Wall StThose Who Purchased Edison Nation (NASDAQ:EDNT) Shares A Year Ago Have A 65% Loss To Show For It
7 months ago | Simply Wall StDo Insiders Own Lots Of Shares In Edison Nation, Inc. (NASDAQ:EDNT)?
Is Edison Nation 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 EDNT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate EDNT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: EDNT is unprofitable, so we can't compare its PE Ratio to the Leisure industry average.
PE vs Market: EDNT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EDNT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EDNT is good value based on its PB Ratio (1.1x) compared to the US Leisure industry average (2.1x).
How is Edison Nation forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables 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 Edison Nation 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.
- Take a look at our analysis of EDNT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Explore growth companies in the Consumer Durables industry.
How has Edison Nation performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EDNT is currently unprofitable.
Growing Profit Margin: EDNT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EDNT is unprofitable, and losses have increased over the past 5 years at a rate of -78.3% per year.
Accelerating Growth: Unable to compare EDNT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EDNT is unprofitable, making it difficult to compare its past year earnings growth to the Leisure industry (-3.4%).
Return on Equity
High ROE: EDNT has a negative Return on Equity (-64.63%), as it is currently unprofitable.
How is Edison Nation's financial position?
Financial Position Analysis
Short Term Liabilities: EDNT's short term assets ($5.2M) do not cover its short term liabilities ($12.0M).
Long Term Liabilities: EDNT's short term assets ($5.2M) do not cover its long term liabilities ($5.5M).
Debt to Equity History and Analysis
Debt Level: EDNT's debt to equity ratio (65.6%) is considered high.
Reducing Debt: Insufficient data to determine if EDNT's debt to equity ratio has reduced over the past 5 years.
Inventory Level: EDNT has a low level of unsold assets or inventory.
Debt Coverage by Assets: EDNT's debt is not covered by short term assets (assets are 0.7x debt).
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: EDNT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EDNT has less than a year of cash runway if free cash flow continues to reduce at historical rates of -71.4% each year
What is Edison Nation's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EDNT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate EDNT'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 EDNT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EDNT'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 EDNT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Ferguson (50yo)
Mr. Christopher B. Ferguson, also known as Chris, serves as the President of ClearPoint HRO, LLC. Mr. Ferguson currently serves as the Managing Director of Tern Capital Partners, LLC, a private equity inve ...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD120.00K) is below average for companies of similar size in the US market ($USD601.33K).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
|Chairman & CEO||no data||US$120.00k||29.43% $3.4m|
|President & Treasurer||2.67yrs||no data||4.96% $576.2k|
|CFO & Secretary||0.75yr||US$303.69k||0.050% $5.8k|
|Executive VP & Chief Product Officer||2.67yrs||US$194.86k||0.058% $6.7k|
Experienced Management: EDNT's management team is considered experienced (2.7 years average tenure).
|Chairman & CEO||no data||US$120.00k||29.43% $3.4m|
|Independent Director||0.67yr||no data||0.033% $3.8k|
|Director||1yr||no data||0.050% $5.8k|
|Independent Director||1.75yrs||US$20.00k||0.35% $40.9k|
|Independent Director||1yr||no data||0.35% $40.1k|
Experienced Board: EDNT's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 68.2%.
Edison Nation, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Edison Nation, Inc.
- Ticker: EDNT
- Exchange: NasdaqCM
- Founded: 2017
- Industry: Leisure Products
- Sector: Consumer Durables
- Market Cap: US$11.614m
- Shares outstanding: 6.05m
- Website: https://edisonnation.com
Number of Employees
- Edison Nation, Inc.
- 909 New Brunswick Ave
- New Jersey
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EDNT||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||May 2018|
Edison Nation, Inc. operates as a consumer product research and development, manufacturing, sales, and fulfillment company worldwide. The company also creates, manufactures, and markets products for the infants/toddlers under the Cloud b brand name through its e-commerce site and other online e-tailers, as well as specialty boutiques, gift stores, and retailers. In addition, it operates Web-enabled new product development and licensing platform. Further, the company offers shipping services. Edison Nation, Inc. has a strategic alliance with venture partner IdeaPros. The company was formerly known as Xspand Products Lab, Inc. and changed its name to Edison Nation, Inc. in September 2018. Edison Nation, Inc. was incorporated in 2017 and is based in Bethlehem, New Jersey.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 03:32|
|End of Day Share Price||2020/03/27 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.