Everbridge (NasdaqGM:EVBG) - Share price, News & Analysis

EVBG fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

EVBG Stock Overview

Rewards

Trading at 36.8% below our estimate of its fair value

Revenue is forecast to grow 14.31% per year

Risk Analysis

Earnings are forecast to decline by an average of 13.3% per year for the next 3 years

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

Everbridge Competitors

PagerDuty

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NetSol Technologies

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US$37.1m

Tata Consultancy Services

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₹11.8t

Infosys

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₹6.0t

Price History & Performance

Summary of all time highs, changes and price drops for Everbridge
Historical stock prices
Current Share Price	US$41.86
52 Week High	US$167.40
52 Week Low	US$27.81
Beta	0.82
1 Month Change	-7.70%
3 Month Change	36.75%
1 Year Change	-64.54%
3 Year Change	-47.95%
5 Year Change	59.71%
Change since IPO	174.49%

Recent News & Updates

May 12

Everbridge, Inc.'s (NASDAQ:EVBG) Intrinsic Value Is Potentially 73% Above Its Share Price

Today we will run through one way of estimating the intrinsic value of Everbridge, Inc. ( NASDAQ:EVBG ) by estimating...

Shareholder Returns

	EVBG	US Software	US Market
7D	2.8%	3.4%	1.0%
1Y	-64.5%	-14.3%	-15.1%

Return vs Industry: EVBG underperformed the US Software industry which returned -14.3% over the past year.

Return vs Market: EVBG underperformed the US Market which returned -15.1% over the past year.

Price Volatility

Is EVBG's price volatile compared to industry and market?
EVBG volatility
EVBG Average Weekly Movement	10.7%
Software Industry Average Movement	10.9%
Market Average Movement	7.8%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	2.9%

Stable Share Price: EVBG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: EVBG's weekly volatility (11%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2002	1,981	Patrick Brickley	https://www.everbridge.com

Everbridge, Inc. operates as a software company, provides enterprise software applications that automate and accelerate organizations operational response to critical events in the United States and internationally. The company’s Critical Event Management, a software as a service based platform with various software applications that address tasks an organization has to perform to manage a critical event, including Mass Notification, Safety Connection, IT Alerting, Visual Command Center, Public Warning, Community Engagement, Risk Center, Crisis Management, CareConverge, Control Center, 911 Connect, Travel Risk Management, SnapComms, and E911; and provides customer support services. It serves enterprises, small businesses, non-profit organizations, educational institutions, and government agencies in technology, energy, financial services, healthcare and life sciences, manufacturing, media and entertainment, retail, higher education, and professional services industries.

Everbridge Fundamentals Summary

How do Everbridge's earnings and revenue compare to its market cap?
EVBG fundamental statistics
Market Cap	US$1.62b
Earnings (TTM)	-US$92.08m
Revenue (TTM)	US$386.60m

4.3x

P/S Ratio

-18.0x

P/E Ratio

Is EVBG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
EVBG income statement (TTM)
Revenue	US$386.60m
Cost of Revenue	US$120.79m
Gross Profit	US$265.81m
Other Expenses	US$357.89m
Earnings	-US$92.08m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-2.33
Gross Margin	68.75%
Net Profit Margin	-23.82%
Debt/Equity Ratio	263.1%

How did EVBG perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

36.4%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: EVBG ($41.86) is trading below our estimate of fair value ($66.2)

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

Price To Earnings Ratio

PE vs Industry: EVBG is unprofitable, so we can't compare its Price-To-Earnings Ratio to the US Software industry average.

PE vs Market: EVBG is unprofitable, so we can't compare its Price-To-Earnings Ratio to the US market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EVBG's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: EVBG is overvalued based on its Price-To-Book Ratio (5.4x) compared to the US Software industry average (3.6x).

Future Growth

How is Everbridge forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

-13.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: EVBG is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: EVBG is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: EVBG is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: EVBG's revenue (14.3% per year) is forecast to grow faster than the US market (8% per year).

High Growth Revenue: EVBG's revenue (14.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if EVBG's Return on Equity is forecast to be high in 3 years time

Past Performance

How has Everbridge performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-33.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: EVBG is currently unprofitable.

Growing Profit Margin: EVBG is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: EVBG is unprofitable, and losses have increased over the past 5 years at a rate of 33.6% per year.

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

Earnings vs Industry: EVBG is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (27.1%).

Return on Equity

High ROE: EVBG has a negative Return on Equity (-29.92%), as it is currently unprofitable.

Financial Health

How is Everbridge's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: EVBG's short term assets ($648.4M) exceed its short term liabilities ($311.4M).

Long Term Liabilities: EVBG's short term assets ($648.4M) do not cover its long term liabilities ($839.2M).

Debt to Equity History and Analysis

Debt Level: EVBG's net debt to equity ratio (103.2%) is considered high.

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

Balance Sheet

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: EVBG has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if EVBG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.

Dividend

What is Everbridge 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 EVBG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

Growing Dividend: Insufficient data to determine if EVBG'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 EVBG has not reported any payouts.

Discover strong dividend paying companies

Management

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

2.7yrs

Average management tenure

CEO

Patrick Brickley (44 yo)

3.17yrs

Tenure

US$4,347,241

Compensation

Mr. Patrick Brickley has been Co-Chief Executive Officer at Everbridge, Inc. since January 30, 2022. He has been Chief Financial Officer and Treasurer at Everbridge, Inc. since March 01, 2019 and serves it...

CEO Compensation Analysis

Compensation vs Market: Patrick's total compensation ($USD4.35M) is about average for companies of similar size in the US market ($USD5.40M).

Compensation vs Earnings: Patrick's compensation has increased whilst the company is unprofitable.

Leadership Team

Experienced Management: EVBG's management team is considered experienced (2.7 years average tenure).

Board Members

Experienced Board: EVBG's board of directors are considered experienced (5.5 years average tenure).

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.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.5%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/26 00:00
End of Day Share Price	2022/05/26 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31