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ZDGE

Zedge NYSEAM:ZDGE Stock Report

Last Price

US$2.71

Market Cap

US$40.7m

7D

-16.4%

1Y

-84.5%

Updated

03 Jul, 2022

Data

Company Financials +
ZDGE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance3/6
Financial Health6/6
Dividends0/6

ZDGE Stock Overview

Zedge, Inc. operates a digital publishing and content platform worldwide.

Zedge Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zedge
Historical stock prices
Current Share PriceUS$2.71
52 Week HighUS$19.90
52 Week LowUS$2.66
Beta1.01
1 Month Change-49.72%
3 Month Change-56.08%
1 Year Change-84.47%
3 Year Change48.09%
5 Year Change26.05%
Change since IPO-47.89%

Recent News & Updates

Shareholder Returns

ZDGEUS Interactive Media and ServicesUS Market
7D-16.4%-5.7%-2.5%
1Y-84.5%-48.7%-21.2%

Return vs Industry: ZDGE underperformed the US Interactive Media and Services industry which returned -48.7% over the past year.

Return vs Market: ZDGE underperformed the US Market which returned -21.2% over the past year.

Price Volatility

Is ZDGE's price volatile compared to industry and market?
ZDGE volatility
ZDGE Average Weekly Movement12.2%
Interactive Media and Services Industry Average Movement11.1%
Market Average Movement8.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.3%

Stable Share Price: ZDGE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: ZDGE's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200893Jonathan Reichhttps://www.zedge.net

Zedge, Inc. operates a digital publishing and content platform worldwide. Its platform enables consumers to personalize their mobile devices with ringtones, home screen app icons, wallpapers, widgets, and notification sounds. The company was incorporated in 2008 and is based in New York, New York.

Zedge Fundamentals Summary

How do Zedge's earnings and revenue compare to its market cap?
ZDGE fundamental statistics
Market CapUS$40.72m
Earnings (TTM)US$7.66m
Revenue (TTM)US$24.41m

5.3x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ZDGE income statement (TTM)
RevenueUS$24.41m
Cost of RevenueUS$1.34m
Gross ProfitUS$23.07m
Other ExpensesUS$15.42m
EarningsUS$7.66m

Last Reported Earnings

Apr 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.51
Gross Margin94.51%
Net Profit Margin31.37%
Debt/Equity Ratio0%

How did ZDGE perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is ZDGE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ZDGE?

Other financial metrics that can be useful for relative valuation.

ZDGE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1x
Enterprise Value/EBITDA2.1x
PEG Ratio-0.07x

Price to Earnings Ratio vs Peers

How does ZDGE's PE Ratio compare to its peers?

ZDGE PE Ratio vs Peers
The above table shows the PE ratio for ZDGE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average5.1x
GSMG Glory Star New Media Group Holdings
1.7x18.7%US$59.0m
TZOO Travelzoo
15.7x30.7%US$77.1m
LTRP.A Liberty TripAdvisor Holdings
0.2xn/aUS$86.1m
LBUY Leafbuyer Technologies
2.6xn/aUS$4.7m
ZDGE Zedge
5.3x-80.8%US$40.7m

Price-To-Earnings vs Peers: ZDGE is expensive based on its Price-To-Earnings Ratio (5.3x) compared to the peer average (5.1x).


Price to Earnings Ratio vs Industry

How does ZDGE's PE Ratio compare vs other companies in the US Interactive Media and Services Industry?

Price-To-Earnings vs Industry: ZDGE is good value based on its Price-To-Earnings Ratio (5.3x) compared to the US Interactive Media and Services industry average (40.8x)


Price to Earnings Ratio vs Fair Ratio

What is ZDGE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ZDGE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.3x
Fair PE Ratio2.9x

Price-To-Earnings vs Fair Ratio: ZDGE is expensive based on its Price-To-Earnings Ratio (5.3x) compared to the estimated Fair Price-To-Earnings Ratio (2.9x).


Share Price vs Fair Value

What is the Fair Price of ZDGE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ZDGE ($2.71) is trading below our estimate of fair value ($40.21)

Significantly Below Fair Value: ZDGE is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: ZDGE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


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Future Growth

How is Zedge forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-80.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ZDGE's earnings are forecast to decline over the next 3 years (-80.8% per year).

Earnings vs Market: ZDGE's earnings are forecast to decline over the next 3 years (-80.8% per year).

High Growth Earnings: ZDGE's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ZDGE's revenue (33.6% per year) is forecast to grow faster than the US market (8.2% per year).

High Growth Revenue: ZDGE's revenue (33.6% 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 ZDGE's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Zedge performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


63.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ZDGE has high quality earnings.

Growing Profit Margin: ZDGE's current net profit margins (31.4%) are lower than last year (36.6%).


Past Earnings Growth Analysis

Earnings Trend: ZDGE has become profitable over the past 5 years, growing earnings by 63.9% per year.

Accelerating Growth: ZDGE's earnings growth over the past year (22.8%) is below its 5-year average (63.9% per year).

Earnings vs Industry: ZDGE earnings growth over the past year (22.8%) exceeded the Interactive Media and Services industry -37.6%.


Return on Equity

High ROE: ZDGE's Return on Equity (19.6%) is considered low.


Discover strong past performing companies

Financial Health

How is Zedge's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ZDGE's short term assets ($20.3M) exceed its short term liabilities ($13.9M).

Long Term Liabilities: ZDGE's short term assets ($20.3M) exceed its long term liabilities ($2.6M).


Debt to Equity History and Analysis

Debt Level: ZDGE is debt free.

Reducing Debt: ZDGE had no debt 5 years ago.

Debt Coverage: ZDGE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ZDGE has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Zedge current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ZDGE's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ZDGE has not reported any payouts.


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Management

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

3.8yrs

Average management tenure


CEO

Jonathan Reich (56 yo)

11yrs

Tenure

US$1,231,351

Compensation

Mr. Jonathan Reich has been Chief Executive Officer at Zedge, Inc. since August 5, 2020 and was its Chief Financial Officer and Chief Operating Officer since March 07, 2016 until August 5, 2020 and July 12...


CEO Compensation Analysis

Compensation vs Market: Jonathan's total compensation ($USD1.23M) is above average for companies of similar size in the US market ($USD800.58K).

Compensation vs Earnings: Jonathan's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: ZDGE's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: ZDGE's board of directors are considered experienced (4.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ZDGE insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.9%.


Top Shareholders

Company Information

Zedge, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Zedge, Inc.
  • Ticker: ZDGE
  • Exchange: NYSEAM
  • Founded: 2008
  • Industry: Interactive Media and Services
  • Sector: Media
  • Implied Market Cap: US$40.721m
  • Shares outstanding: 15.03m
  • Website: https://www.zedge.net

Number of Employees


Location

  • Zedge, Inc.
  • 1178 Broadway
  • Suite 1450
  • New York
  • New York
  • 10001
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/03 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/04/30
Annual Earnings2021/07/31


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.