Chegg Inc Stock Current Valuation

CHGG Stock  USD 2.30  0.06  2.68%   
Valuation analysis of Chegg Inc helps investors to measure Chegg's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. The current Enterprise Value Over EBITDA is estimated to decrease to 9.33. The current Enterprise Value Multiple is estimated to decrease to 9.33. Fundamental drivers impacting Chegg's valuation include:
Price Book
1.2631
Enterprise Value
497.7 M
Enterprise Value Ebitda
2.9713
Price Sales
0.3529
Forward PE
1.8399
Undervalued
Today
2.30
Please note that Chegg's price fluctuation is unstable at this time. Calculation of the real value of Chegg Inc is based on 3 months time horizon. Increasing Chegg's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Chegg stock is determined by what a typical buyer is willing to pay for full or partial control of Chegg Inc. Since Chegg is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Chegg Stock. However, Chegg's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  2.3 Real  4.81 Target  12.88 Hype  2.32 Naive  2.43
The real value of Chegg Stock, also known as its intrinsic value, is the underlying worth of Chegg Inc Company, which is reflected in its stock price. It is based on Chegg's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Chegg's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
4.81
Real Value
9.93
Upside
Estimating the potential upside or downside of Chegg Inc helps investors to forecast how Chegg stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Chegg more accurately as focusing exclusively on Chegg's fundamentals will not take into account other important factors:
Earnings
Estimates (0)
LowProjectedHigh
0.180.190.20
Details
Hype
Prediction
LowEstimatedHigh
0.122.327.44
Details
Naive
Forecast
LowNext ValueHigh
0.052.437.54
Details
13 Analysts
Consensus
LowTarget PriceHigh
11.7212.8814.30
Details

Chegg Inc Company Current Valuation Analysis

Chegg's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Chegg Current Valuation

    
  497.7 M  
Most of Chegg's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Chegg Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Chegg Current Valuation Driver Correlations

Understanding the fundamental principles of building solid financial models for Chegg is extremely important. It helps to project a fair market value of Chegg Stock properly, considering its historical fundamentals such as Current Valuation. Since Chegg's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Chegg's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Chegg's interrelated accounts and indicators.
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Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Chegg Inc has a Current Valuation of 497.7 M. This is 97.44% lower than that of the Diversified Consumer Services sector and 80.41% lower than that of the Consumer Discretionary industry. The current valuation for all United States stocks is 97.01% higher than that of the company.

Chegg Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chegg's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Chegg could also be used in its relative valuation, which is a method of valuing Chegg by comparing valuation metrics of similar companies.
Chegg is currently under evaluation in current valuation category among its peers.

Chegg ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Chegg's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Chegg's managers, analysts, and investors.
Environmental
Governance
Social

Chegg Fundamentals

About Chegg Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Chegg Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chegg using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chegg Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether Chegg Inc is a strong investment it is important to analyze Chegg's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chegg's future performance. For an informed investment choice regarding Chegg Stock, refer to the following important reports:
Check out Chegg Piotroski F Score and Chegg Altman Z Score analysis.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chegg. If investors know Chegg will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chegg listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
4.996
Earnings Share
(8.18)
Revenue Per Share
6.34
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0192
The market value of Chegg Inc is measured differently than its book value, which is the value of Chegg that is recorded on the company's balance sheet. Investors also form their own opinion of Chegg's value that differs from its market value or its book value, called intrinsic value, which is Chegg's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chegg's market value can be influenced by many factors that don't directly affect Chegg's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chegg's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chegg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chegg's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.