NasdaqCM:EDTX

Stock Analysis Report

Executive Summary

EdtechX Holdings Acquisition Corp. does not have significant operations.


Snowflake Analysis

Overvalued with worrying balance sheet.

Share Price & News

How has EdtechX Holdings Acquisition's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EDTX has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.1%

EDTX

2.4%

US Capital Markets

2.0%

US Market


1 Year Return

4.5%

EDTX

19.0%

US Capital Markets

23.6%

US Market

Return vs Industry: EDTX underperformed the US Capital Markets industry which returned 21.7% over the past year.

Return vs Market: EDTX underperformed the US Market which returned 24.7% over the past year.


Shareholder returns

EDTXIndustryMarket
7 Day-0.1%2.4%2.0%
30 Day0.4%3.8%3.9%
90 Day1.3%15.0%12.0%
1 Year4.5%4.5%21.4%19.0%26.2%23.6%
3 Yearn/a48.9%40.5%53.2%43.3%
5 Yearn/a96.0%77.8%75.7%56.3%

Price Volatility Vs. Market

How volatile is EdtechX Holdings Acquisition's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is EdtechX Holdings Acquisition undervalued compared to its fair value and its price relative to the market?

4.46x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: EDTX ($10.25) is trading above our estimate of fair value ($1.68)

Significantly Below Fair Value: EDTX is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: EDTX is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

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


Price to Book Ratio

PB vs Industry: EDTX is good value based on its PB Ratio (4.4x) compared to the US Capital Markets industry average (6.6x).


Next Steps

Future Growth

How is EdtechX Holdings Acquisition forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.9%

Forecasted Diversified Financials 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 EdtechX Holdings Acquisition 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 EdtechX Holdings Acquisition performed over the past 5 years?

17.7%

Historical Diversified Financials annual earnings growth


Earnings and Revenue History

Quality Earnings: EDTX is currently unprofitable.

Growing Profit Margin: EDTX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if EDTX's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

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

Earnings vs Industry: EDTX is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (20.6%).


Return on Equity

High ROE: EDTX has a negative Return on Equity (9.36%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is EdtechX Holdings Acquisition's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

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

Debt Coverage by Assets: EDTX's debt is covered by short term assets (assets are 4.4x debt).


Financial Institutions Analysis

Asset Level: EDTX's level of assets compared to its equity is moderate.

Allowance for Bad Loans: Insufficient data to determine if EDTX has a sufficient allowance for bad loans.

Low Risk Liabilities: EDTX reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if EDTX has an acceptable proportion of non-loan assets held.

Low Risk Deposits: EDTX has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if EDTX has an appropriate level of bad loans.


Next Steps

Dividend

What is EdtechX Holdings Acquisition's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if EDTX'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 EDTX's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of EdtechX Holdings Acquisition's salary, the management and board of directors tenure and is there insider trading?

1.5yrs

Average board tenure


CEO

Benjamin Vedrenne-Cloquet (41yo)

0yrs

Tenure

0

Mr. Benjamin Vedrenne-Cloquet is founding Chief Executive Officer and Director at EdtechX Holdings Acquisition Corp. Mr. Vedrenne-Cloquet is Operating Partner at IBIS Capital Limited since January 2013. In ...


Board Age and Tenure

1.5yrs

Average Tenure

52.5yo

Average Age

Experienced Board: EDTX's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Insider Trading

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: Insufficient data to determine if shareholders have been diluted in the past year.


Management Team

  • Charles McIntyre (49yo)

    Executive Chairman & Chief Investment Officer

    • Benjamin Vedrenne-Cloquet (41yo)

      CEO & Director

      • Rory Henson (28yo)

        Chief Financial Officer

        • Tenure: 1.4yrs

      Board Members

      • Charles McIntyre (49yo)

        Executive Chairman & Chief Investment Officer

        • Peter Davis (64yo)

          Independent Director

          • Tenure: 1.5yrs
        • Vincent Camerlynck (56yo)

          Independent Director

          • Tenure: 1.5yrs
        • Benjamin Vedrenne-Cloquet (41yo)

          CEO & Director

          • Marcelo Di Rosa (58yo)

            Independent Director

            • Tenure: 1.5yrs
          • Zelmira Polk (42yo)

            Independent Director

            • Tenure: 1.5yrs

          Company Information

          EdtechX Holdings Acquisition Corp.'s company bio, employee growth, exchange listings and data sources


          Key Information

          • Name: EdtechX Holdings Acquisition Corp.
          • Ticker: EDTX
          • Exchange: NasdaqCM
          • Founded: 2018
          • Industry: Asset Management and Custody Banks
          • Sector: Diversified Financials
          • Market Cap: US$22.210m
          • Shares outstanding: 2.17m
          • Website: https://www.edtechxcorp.com

          Location

          • EdtechX Holdings Acquisition Corp.
          • 22 Soho Square
          • 3rd Floor
          • London
          • Greater London
          • W1D 4NS
          • United Kingdom

          Listings

          TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
          EDTX.UNasdaqCM (Nasdaq Capital Market)UnitsUSUSDOct 2018
          EDTXNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDOct 2018

          Biography

          EdtechX Holdings Acquisition Corp. does not have significant operations. The company focuses on the merger, stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses or entities. It intends to focus on education, training, and education technology industries. The company was founded in 2018 and is based 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 Analysis2020/01/19 00:40
          End of Day Share Price2020/01/16 00:00
          Earnings2019/09/30
          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.