EMERALD HOLDING, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.86 USD | -0.68% |
|
-3.78% | -2.01% |
| Mar. 01 | Rosenblatt Trims Price Target on Emerald to $8.20 From $8.40, Maintains Buy Rating | MT |
| Feb. 29 | Transcript : Emerald Holding, Inc., Q4 2023 Earnings Call, Feb 29, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 753.5 | 387.2 | 278.4 | 239.3 | 376.1 | 369.5 | - |
| Enterprise Value (EV) 1 | 1,279 | 612.9 | 278.4 | 239.3 | 574.8 | 315.5 | 218.5 |
| P/E ratio | -15.1 x | - | -2.5 x | 7.7 x | -7.67 x | -13.1 x | -25.9 x |
| Yield | 2.82% | 1.38% | - | - | - | - | - |
| Capitalization / Revenue | 2.09 x | 3.04 x | - | - | 0.98 x | 0.88 x | 0.78 x |
| EV / Revenue | 3.54 x | 4.81 x | - | - | 1.5 x | 0.75 x | 0.46 x |
| EV / EBITDA | 10 x | 8.52 x | - | - | 6.05 x | 2.84 x | 1.6 x |
| EV / FCF | 20 x | -16.1 x | - | - | 20 x | 6.31 x | 2.6 x |
| FCF Yield | 5% | -6.2% | - | - | 5.01% | 15.8% | 38.4% |
| Price to Book | 1.18 x | 0.99 x | - | - | - | - | - |
| Nbr of stocks (in thousands) | 71,418 | 71,441 | 70,133 | 67,609 | 62,892 | 63,055 | - |
| Reference price 2 | 10.55 | 5.420 | 3.970 | 3.540 | 5.980 | 5.860 | 5.860 |
| Announcement Date | 2/13/20 | 2/18/21 | 2/24/22 | 3/14/23 | 2/29/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 360.9 | 127.4 | - | - | 382.8 | 419.6 | 475.5 |
| EBITDA 1 | 127.8 | 71.9 | - | - | 95 | 111.2 | 136.3 |
| EBIT 1 | 67.8 | -670.6 | - | - | 34.7 | 56.95 | 66.13 |
| Operating Margin | 18.79% | -526.37% | - | - | 9.06% | 13.57% | 13.91% |
| Earnings before Tax (EBT) 1 | -55 | -691.2 | - | - | -2.9 | 16.25 | 29.67 |
| Net income 1 | -50 | - | -78.1 | 31.8 | -50.2 | -28 | -14.1 |
| Net margin | -13.85% | - | - | - | -13.11% | -6.67% | -2.97% |
| EPS 2 | -0.7000 | - | -1.590 | 0.4600 | -0.7800 | -0.4465 | -0.2262 |
| Free Cash Flow 1 | 63.9 | -38 | - | - | 28.8 | 50 | 84 |
| FCF margin | 17.71% | -29.83% | - | - | 7.52% | 11.91% | 17.67% |
| FCF Conversion (EBITDA) | 50% | - | - | - | 30.32% | 44.98% | 61.61% |
| FCF Conversion (Net income) | - | - | - | - | - | - | - |
| Dividend per Share | 0.2975 | 0.0750 | - | - | - | - | - |
| Announcement Date | 2/13/20 | 2/18/21 | 2/24/22 | 3/14/23 | 2/29/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q3 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 62.4 | 122.3 | 86.5 | 72.5 | 101.5 | 127.2 | 91.8 | 85.9 | 114.8 | 140.4 |
| EBITDA 1 | - | 36.5 | 14.6 | 10.8 | 35.8 | 36.8 | 18.6 | 18.35 | 37.4 | 46 |
| EBIT 1 | - | 16.8 | -1 | -1 | 19.9 | 24.4 | 4.85 | 4.6 | 23.1 | 26.9 |
| Operating Margin | - | 13.74% | -1.16% | -1.38% | 19.61% | 19.19% | 5.28% | 5.36% | 20.11% | 19.16% |
| Earnings before Tax (EBT) 1 | - | 9.8 | -12.5 | -11.6 | 11.4 | 14.6 | -4.95 | -5.2 | 16.3 | 18.3 |
| Net income 1 | - | -3 | -18.5 | - | -28.7 | 0.75 | -13.9 | -14.7 | 0.25 | 13.1 |
| Net margin | - | -2.45% | -21.39% | - | -28.28% | 0.59% | -15.14% | -17.11% | 0.22% | 9.33% |
| EPS 2 | - | -0.0400 | -0.2900 | - | -0.4600 | 0.0100 | -0.2250 | -0.2300 | 0.005000 | 0.2100 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/3/22 | 5/3/23 | 8/2/23 | 11/6/23 | 2/29/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | 526 | 226 | - | - | 199 | - | - |
| Net Cash position 1 | - | - | - | - | - | 54 | 151 |
| Leverage (Debt/EBITDA) | 4.114 x | 3.139 x | - | - | 2.092 x | - | - |
| Free Cash Flow 1 | 63.9 | -38 | - | - | 28.8 | 50 | 84 |
| ROE (net income / shareholders' equity) | 9.98% | - | - | - | - | - | - |
| ROA (Net income/ Total Assets) | -3.28% | - | - | - | - | - | - |
| Assets 1 | 1,526 | - | - | - | - | - | - |
| Book Value Per Share | 8.970 | 5.460 | - | - | - | - | - |
| Cash Flow per Share | 0.9500 | -0.5200 | - | - | - | - | - |
| Capex 1 | 1.6 | 0.9 | - | - | 11.5 | 13 | 11 |
| Capex / Sales | 0.44% | 0.71% | - | - | 3% | 3.1% | 2.31% |
| Announcement Date | 2/13/20 | 2/18/21 | 2/24/22 | 3/14/23 | 2/29/24 | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D+
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
5.86
USD
Average target price
9.433
USD
Spread / Average Target
+60.98%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -2.01% | 370M | |
| +2.51% | 13.51B | |
| -2.96% | 739M | |
| -8.22% | 714M | |
| +1.24% | 653M | |
| -1.43% | 604M | |
| +39.24% | 292M | |
| 0.00% | 260M | |
| +4.55% | 255M | |
| +52.60% | 154M |
- Stock Market
- Equities
- EEX Stock
- Financials Emerald Holding, Inc.
