ZDGE

ZedgeNYSEAM:ZDGE Stock Report

Market Cap

US$188.8m

7D

-6.1%

1Y

800.7%

Updated

20 Sep, 2021

Data

Company Financials +
ZDGE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance4/6
Financial Health5/6
Dividends0/6

ZDGE Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Zedge
Historical stock prices
Current Share PriceUS$13.15
52 Week HighUS$1.35
52 Week LowUS$19.90
Beta1.05
1 Month Change-8.68%
3 Month Change-21.73%
1 Year Change800.69%
3 Year Change541.46%
5 Year Change238.92%
Change since IPO152.89%

Recent News & Updates

Shareholder Returns

ZDGEUS Interactive Media and ServicesUS Market
7D-6.1%-3.4%-2.5%
1Y800.7%69.5%33.0%

Return vs Industry: ZDGE exceeded the US Interactive Media and Services industry which returned 69.5% over the past year.

Return vs Market: ZDGE exceeded the US Market which returned 33% over the past year.

Price Volatility

Is ZDGE's price volatile compared to industry and market?
ZDGE volatility
ZDGE Beta1.05
Industry Beta1.12
Market Beta1

Stable Share Price: ZDGE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: ZDGE's weekly volatility has decreased from 16% to 8% over the past year.

About the Company

FoundedEmployeesCEOWebsite
200852Jonathan 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, wallpapers, home screen app icons, 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$188.82m
Earnings (TTM)US$5.72m
Revenue (TTM)US$17.04m

32.6x

P/E Ratio

10.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ZDGE income statement (TTM)
RevenueUS$17.04m
Cost of RevenueUS$1.18m
Gross ProfitUS$15.87m
ExpensesUS$10.14m
EarningsUS$5.72m

Last Reported Earnings

Apr 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.46
Gross Margin93.09%
Net Profit Margin33.58%
Debt/Equity Ratio0.9%

How did ZDGE perform over the long term?

See historical performance and comparison

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ZDGE ($13.15) is trading below our estimate of fair value ($99.41)

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


Price To Earnings Ratio

PE vs Industry: ZDGE is good value based on its PE Ratio (32.6x) compared to the US Interactive Media and Services industry average (40.4x).

PE vs Market: ZDGE is poor value based on its PE Ratio (32.6x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

PEG Ratio: ZDGE is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: ZDGE is overvalued based on its PB Ratio (6.7x) compared to the US Interactive Media and Services industry average (3.9x).


Future Growth

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

27.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ZDGE's forecast earnings growth (27.6% per year) is above the savings rate (2%).

Earnings vs Market: ZDGE's earnings (27.6% per year) are forecast to grow faster than the US market (14.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ZDGE's revenue (22.5% per year) is forecast to grow faster than the US market (9.8% per year).

High Growth Revenue: ZDGE's revenue (22.5% 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


Past Performance

How has Zedge performed over the past 5 years?

6.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZDGE has high quality earnings.

Growing Profit Margin: ZDGE became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ZDGE has become profitable over the past 5 years, growing earnings by 6.7% per year.

Accelerating Growth: ZDGE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ZDGE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (-5.3%).


Return on Equity

High ROE: ZDGE's Return on Equity (20.7%) is considered high.


Financial Health

How is Zedge's financial position?


Financial Position Analysis

Short Term Liabilities: ZDGE's short term assets ($27.9M) exceed its short term liabilities ($5.0M).

Long Term Liabilities: ZDGE's short term assets ($27.9M) exceed its long term liabilities ($397.0K).


Debt to Equity History and Analysis

Debt Level: ZDGE's debt to equity ratio (0.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ZDGE's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ZDGE's debt is well covered by operating cash flow (3477.3%).

Interest Coverage: ZDGE earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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


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.


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 ZDGE's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

1.5yrs

Average management tenure


CEO

Jonathan Reich (55 yo)

1.08yrs

Tenure

US$561,412

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 2016 until August 5, 2020 and July 2011 u...


CEO Compensation Analysis

Compensation vs Market: Jonathan's total compensation ($USD561.41K) is below average for companies of similar size in the US market ($USD1.10M).

Compensation vs Earnings: Jonathan's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ZDGE's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: ZDGE's board of directors are considered experienced (3.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: ZDGE insiders have only sold shares 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 16.3%.


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
  • Market Cap: US$188.823m
  • Shares outstanding: 14.19m
  • 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 Analysis2021/09/20 22:39
End of Day Share Price2021/09/20 00:00
Earnings2021/04/30
Annual Earnings2020/07/31


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.