Edgio Inc Stock Fundamentals
| EGIO Stock | USD 0.02 0.01 100.00% |
Edgio Inc fundamentals help investors to digest information that contributes to Edgio's financial success or failures. It also enables traders to predict the movement of Edgio Stock. The fundamental analysis module provides a way to measure Edgio's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Edgio stock.
At this time, Edgio's Interest Expense is very stable compared to the past year. As of the 22nd of November 2024, Selling General Administrative is likely to grow to about 138.1 M, while Selling And Marketing Expenses is likely to drop about 37.7 M. Edgio | Select Account or Indicator |
Edgio Inc Company Operating Margin Analysis
Edgio's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Edgio Operating Margin | (0.24) % |
Most of Edgio's fundamental indicators, such as Operating Margin, 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, Edgio Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Edgio Operating Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for Edgio is extremely important. It helps to project a fair market value of Edgio Stock properly, considering its historical fundamentals such as Operating Margin. Since Edgio'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 Edgio'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 Edgio's interrelated accounts and indicators.
Click cells to compare fundamentals
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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Edgio Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, Edgio Inc has an Operating Margin of -0.2351%. This is 97.34% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The operating margin for all United States stocks is 95.73% lower than that of the firm.
Edgio Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Edgio's current stock value. Our valuation model uses many indicators to compare Edgio value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Edgio competition to find correlations between indicators driving Edgio's intrinsic value. More Info.Edgio Inc is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Edgio's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Edgio's earnings, one of the primary drivers of an investment's value.Edgio Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Edgio's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Edgio could also be used in its relative valuation, which is a method of valuing Edgio by comparing valuation metrics of similar companies.Edgio is currently under evaluation in operating margin category among its peers.
Edgio Fundamentals
| Return On Equity | -0.63 | ||||
| Return On Asset | -0.14 | ||||
| Profit Margin | (0.35) % | ||||
| Operating Margin | (0.24) % | ||||
| Current Valuation | 106.01 M | ||||
| Shares Outstanding | 5.86 M | ||||
| Shares Owned By Insiders | 3.74 % | ||||
| Shares Owned By Institutions | 41.05 % | ||||
| Number Of Shares Shorted | 321.57 K | ||||
| Price To Book | 0.0008 X | ||||
| Price To Sales | 0.02 X | ||||
| Revenue | 403.59 M | ||||
| Gross Profit | 82.86 M | ||||
| EBITDA | (74.24 M) | ||||
| Net Income | (141.65 M) | ||||
| Cash And Equivalents | 77.33 M | ||||
| Cash Per Share | 0.35 X | ||||
| Total Debt | 156.5 M | ||||
| Debt To Equity | 0.41 % | ||||
| Current Ratio | 2.08 X | ||||
| Book Value Per Share | 27.24 X | ||||
| Cash Flow From Operations | (38.97 M) | ||||
| Short Ratio | 7.23 X | ||||
| Earnings Per Share | (26.00) X | ||||
| Price To Earnings To Growth | (9.27) X | ||||
| Target Price | 30.0 | ||||
| Number Of Employees | 822 | ||||
| Beta | 0.48 | ||||
| Market Capitalization | 6.5 M | ||||
| Total Asset | 542.38 M | ||||
| Retained Earnings | (573.04 M) | ||||
| Working Capital | 42.86 M | ||||
| Net Asset | 542.38 M |
About Edgio Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Edgio Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Edgio using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Edgio 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 8.4 M | 8.8 M | |
| Total Revenue | 403.6 M | 423.8 M | |
| Cost Of Revenue | 286 M | 300.3 M | |
| Stock Based Compensation To Revenue | 0.10 | 0.09 | |
| Sales General And Administrative To Revenue | 0.21 | 0.26 | |
| Research And Ddevelopement To Revenue | 0.22 | 0.23 | |
| Capex To Revenue | 0.12 | 0.19 | |
| Revenue Per Share | 1.67 | 1.10 | |
| Ebit Per Revenue | (0.27) | (0.28) |
Pair Trading with Edgio
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Edgio position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Edgio will appreciate offsetting losses from the drop in the long position's value.Moving against Edgio Stock
| 0.72 | CETXP | Cemtrex Pref | PairCorr |
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| 0.6 | DBX | Dropbox | PairCorr |
| 0.57 | DOCN | DigitalOcean Holdings | PairCorr |
The ability to find closely correlated positions to Edgio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Edgio when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Edgio - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Edgio Inc to buy it.
The correlation of Edgio is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Edgio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Edgio Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Edgio can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Edgio Piotroski F Score and Edgio Altman Z Score analysis. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Application Software 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 Edgio. If investors know Edgio 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 Edgio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (26.00) | Revenue Per Share 72.469 | Quarterly Revenue Growth (0.12) | Return On Assets (0.14) | Return On Equity (0.63) |
The market value of Edgio Inc is measured differently than its book value, which is the value of Edgio that is recorded on the company's balance sheet. Investors also form their own opinion of Edgio's value that differs from its market value or its book value, called intrinsic value, which is Edgio'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 Edgio's market value can be influenced by many factors that don't directly affect Edgio'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 Edgio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edgio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edgio'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.