Edible Garden Ag Stock Performance
| EDBL Stock | USD 0.17 0.01 6.25% |
The firm shows a Beta (market volatility) of 1.81, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Edible Garden will likely underperform. At this point, Edible Garden AG has a negative expected return of -2.41%. Please make sure to confirm Edible Garden's total risk alpha, kurtosis, price action indicator, as well as the relationship between the value at risk and rate of daily change , to decide if Edible Garden AG performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Edible Garden AG has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's fundamental drivers remain quite persistent which may send shares a bit higher in December 2024. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
Last Split Factor 1:20 | Last Split Date 2024-04-05 |
1 | Edible Garden to Showcase Kick Sports Nutrition Product Line at ECRMs Vitamin, Weight Management Sports Nutrition Session at the PGA National Resort Spa, Palm B... | 09/06/2024 |
2 | Edible Garden USDA Organic Herb Product Line Now Available at Greens Natural Foods and The Extra Supermarket Locations | 09/12/2024 |
3 | Edible Garden AG Incorporated Hedge Funds Are Bullish On This Vertical Farming And Hydroponic Stock | 09/18/2024 |
4 | Edible Garden AG Incorporated Named a 2024 NJBIZ Empowering Women Honoree | 09/24/2024 |
5 | Edible Garden stock wilts to 52-week low of 0.25 By Investing.com - Investing.com UK | 10/01/2024 |
6 | Edible Garden Hosts Pickle Party at the 2024 Global Produce Floral Show at the Georgia World Congress Center in Atlanta, Georgia, October 18th 19th | 10/18/2024 |
7 | Edible Garden Receives USDA Grants to Support Organic Certification Research Development at Belvidere, New Jersey, and Grand Rapids Michigan Facilities | 10/25/2024 |
8 | Acquisition by Ubs Group Ag of 300 shares of Edible Garden at 6.0008 subject to Rule 16b-3 | 11/08/2024 |
9 | Edible Garden Reports a 324 percent Year-Over-Year Increase in Gross Profit for Nine-Month Period Ending September 2024 | 11/13/2024 |
10 | Edible Garden AG Inc Q3 2024 Earnings Call Highlights Strategic Shifts and Growth Prospects | 11/14/2024 |
| Begin Period Cash Flow | 110 K |
Edible |
Edible Garden Relative Risk vs. Return Landscape
If you would invest 107.00 in Edible Garden AG on August 31, 2024 and sell it today you would lose (90.00) from holding Edible Garden AG or give up 84.11% of portfolio value over 90 days. Edible Garden AG is currently does not generate positive expected returns and assumes 8.6944% risk (volatility on return distribution) over the 90 days horizon. In different words, 77% of stocks are less volatile than Edible, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Edible Garden Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Edible Garden's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Edible Garden AG, and traders can use it to determine the average amount a Edible Garden's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.2772
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| Negative Returns | EDBL |
Estimated Market Risk
| 8.69 actual daily | 77 77% of assets are less volatile |
Expected Return
| -2.41 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.28 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Edible Garden is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Edible Garden by adding Edible Garden to a well-diversified portfolio.
Edible Garden Fundamentals Growth
Edible Stock prices reflect investors' perceptions of the future prospects and financial health of Edible Garden, and Edible Garden fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Edible Stock performance.
| Return On Equity | -6.03 | ||||
| Return On Asset | -0.58 | ||||
| Profit Margin | (0.85) % | ||||
| Operating Margin | (0.28) % | ||||
| Current Valuation | 3.11 M | ||||
| Shares Outstanding | 18.91 M | ||||
| Price To Book | 0.98 X | ||||
| Price To Sales | 0.22 X | ||||
| Revenue | 14.05 M | ||||
| Gross Profit | 648 K | ||||
| EBITDA | (8.22 M) | ||||
| Net Income | (10.19 M) | ||||
| Cash And Equivalents | 5.7 M | ||||
| Cash Per Share | 0.66 X | ||||
| Total Debt | 4.46 M | ||||
| Debt To Equity | 3.88 % | ||||
| Current Ratio | 1.56 X | ||||
| Book Value Per Share | (1.01) X | ||||
| Cash Flow From Operations | (8.53 M) | ||||
| Earnings Per Share | (18.61) X | ||||
| Market Capitalization | 3.21 M | ||||
| Total Asset | 6.66 M | ||||
| Retained Earnings | (30.26 M) | ||||
| Working Capital | (2.97 M) | ||||
About Edible Garden Performance
By examining Edible Garden's fundamental ratios, stakeholders can obtain critical insights into Edible Garden's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Edible Garden is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 18.71 | 24.01 | |
| Return On Tangible Assets | (1.54) | (1.62) | |
| Return On Capital Employed | (2.63) | (2.76) | |
| Return On Assets | (1.53) | (1.61) | |
| Return On Equity | 35.38 | 37.14 |
Things to note about Edible Garden AG performance evaluation
Checking the ongoing alerts about Edible Garden for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Edible Garden AG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Edible Garden AG generated a negative expected return over the last 90 days | |
| Edible Garden AG has high historical volatility and very poor performance | |
| Edible Garden AG has some characteristics of a very speculative penny stock | |
| Edible Garden AG has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 14.05 M. Net Loss for the year was (10.19 M) with profit before overhead, payroll, taxes, and interest of 648 K. | |
| Edible Garden AG currently holds about 5.7 M in cash with (8.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.66, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Edible Garden AG has a poor financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: Edible Garden AG Inc Q3 2024 Earnings Call Highlights Strategic Shifts and Growth Prospects |
- Analyzing Edible Garden's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Edible Garden's stock is overvalued or undervalued compared to its peers.
- Examining Edible Garden's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Edible Garden's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Edible Garden's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Edible Garden's stock. These opinions can provide insight into Edible Garden's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edible Garden AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Packaged Foods & Meats 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 Edible Garden. If investors know Edible 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 Edible Garden listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (18.61) | Revenue Per Share 21.628 | Quarterly Revenue Growth 0.011 | Return On Assets (0.58) | Return On Equity (6.03) |
The market value of Edible Garden AG is measured differently than its book value, which is the value of Edible that is recorded on the company's balance sheet. Investors also form their own opinion of Edible Garden's value that differs from its market value or its book value, called intrinsic value, which is Edible Garden'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 Edible Garden's market value can be influenced by many factors that don't directly affect Edible Garden'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 Edible Garden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edible Garden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edible Garden'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.