Empery Digital Stock Analysis

EMPD Stock   5.04  0.10  2.02%   
EMPD is currently above model estimate with Market Value of 5.04 and Intrinsic Value of 3.95. The analysis below evaluates EMPD against both fundamental value and technical price behavior. EMPD reports negative return on equity, directing analytical focus toward capital allocation efficiency and the trajectory of shareholder value.
Based on figures reported as of December 31, 2025, Net Debt is broadly unchanged at $41.62 million. Also, Net Debt To EBITDA remains stable near -1.38x; however, this ratio does not reflect leverage in the traditional sense, as Empery Digital's cash holdings exceed total debt. Given Empery Digital's cash position, gross debt may overstate financial risk, making net debt a more relevant indicator of balance sheet positioning.
 
Debt Ratio  
 First Reported
2010-12-31
 Previous Quarter
0.14
 Current Value
0.14
 Quarterly Volatility
0.34
Macro event markers
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Empery Digital (EMPD) recorded $975 thousand in Total Revenue, a net loss of $148.6 million, and an operating loss of $32.4 million.
  

Stock Analysis Notes

About 33.0% of EMPD shares are held by company insiders. EMPD has price-to-book (P/B) ratio of 0.5. Equities trading below book value may carry value potential, though margin and return quality should confirm. Empery Digital reported a loss per share of 8.04. EMPD had not issued any dividends in recent years. The firm completed a 0.125-for-1 stock split on 12th of June 2025. Empery Digital (EMPD) recorded $372.8 million in Total Assets, a Return On Tangible Assets of -42.0%, and a Fixed Asset Turnover of 1.42x.

Total Assets

$391.39 million
Total Assets stood at $372.75 million as of December 31, 2025.

Investor Insights and Alerts

For Empery Digital, investor alerts are designed to highlight developments that deserve a second look before a position in the stock is increased, reduced, or left unchanged. The strongest alert framework is one that makes risk easier to acknowledge before the market fully reprices it.
Empery Digital had very high historical volatility over the last 90 days
Empery Digital has high likelihood to experience some financial distress in the next 2 years
Empery Digital was previously known as Volcon Inc and was traded on NASDAQ Exchange under the symbol VLCN.
EMPD reported previous year's revenue of $974,977. Net Loss for the year was -$148.57 million with loss before overhead, payroll, taxes, and interest of -$362,618.
Empery Digital generates negative cash flow from operations
Empery Digital has a very weak financial position based on the latest SEC disclosures
About 33.0% of EMPD shares are held by company insiders
Latest headline from simplywall.st: Insider Purchases Worth US 6.76 m See Losses As Empery Digital Market Value Drops To US 144 m

Largest EPS Surprises

When Empery Digital reports EPS above analyst consensus, investors often revise their forward assumptions upward. A persistent pattern of beats can gradually rerate the stock's valuation multiple. For this stock, read EPS surprises with profitability quality and forward revisions.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-11-11
2022-09-30-0.39-0.320.0717 
2022-03-02
2021-12-31-0.54-1.22-0.68125 
2023-11-01
2023-09-30-1.35-999999.9999-999998.649974073974 
View All Earnings Estimates

Market Capitalization

Empery Digital market cap comes in at $136.68 million, aligning the company with the small-cap end of automobile manufacturers. Other size-related inputs worth noting are about 27.67 million shares outstanding and enterprise value near $225.49 million.

Profitability

A profitability review of Empery Digital connects sales quality and cost control with the ability to produce steady returns across market cycles. Annual revenue is about 974,977. Comparing gross, operating, and net margins isolates where margin strength or pressure originates.
Last ReportedEnd Of Year Estimate
Return On Tangible Assets-0.4-0.42
Return On Capital Employed-0.1-0.1
Return On Assets-40.00%-42.00%
Return On Equity-56.00%-59.00%

Management Efficiency

EMPD has return on total asset (ROA) of -10.17% pointing to operating inefficiency. Negative, confirming a loss position in the current period. Empery Digital also reports a return on stockholder's equity (ROE) of -110.36%, meaning that it is delivering a negative return on shareholder investment.
Last ReportedEnd Of Year Estimate
Book Value Per Share14.5713.84
Tangible Book Value Per Share14.5613.84
Price Book Value Ratio0.31x0.3x
Enterprise Value Multiple-4.19x-3.98x
Price Fair Value0.31x0.3x
Enterprise Value$126.09 million$132.4 million
Management quality at Empery Digital matters because strategic decisions eventually show up in margins, cash conversion, capital allocation, and the market's willingness to assign a premium multiple. The business currently sits in the Consumer Cyclical sector and the Auto Manufacturers industry. Enterprise value (TTM) is near 225.49 million and annual revenue is around 974,977.
 Operating Margin
-31.61
 Three Month Return
35.48
 Short Long Term Debt Total
53.23 million
 Expected Return
0.47
 Beta
-0.44

Technical Drivers

As of the 8th of May, Empery Digital registers 5.04 per share in market pricing. Volatility and momentum metrics display Downside Deviation of 5.94, coefficient of variation of 2147.85, and Mean Deviation of 3.94. Quantitative signals are calculated from volatility clustering and momentum shifts. Relative strength metrics are assessed within peer group data.

Price Movement Analysis - Bollinger Bands

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This analysis covers thirty-eight data points across the selected time horizon. Bollinger Bands frame Empery Digital price range using a moving average and volatility bands. Movement toward the lower band may indicate short-term downside pressure, while approaches to the upper band can reflect resistance levels or momentum continuation.

Insider Trading Activities

Insider disclosures for Empery Digital show how people closest to the business are behaving as market expectations change. It trades on NASDAQ in US. The business currently sits in the Consumer Cyclical sector and the Auto Manufacturers industry.

Outstanding Bonds

Empery Digital may use bonds as part of its capital structure to fund operations, refinance liabilities, or support acquisitions and other long-duration investments. Used together with earnings and cash-flow analysis, the bond stack can reveal whether leverage is a manageable tool or a developing constraint.

Predictive Daily Indicators

For active positions in Empery Digital, intraday data shows when a move is gaining strength and when it is fading. For most traders, the benefit is faster feedback on momentum, which sharpens both entries and exits.

Forecast Models

Forecast models for Empery Digital use past prices and returns to estimate how the stock may behave under similar conditions. They work best when compared with volatility and catalyst risk rather than treated as a single price target.

Financial Strength and Earnings Quality Indicators

Empery Digital financial ratings play a critical role in determining how much Empery Digital has to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for Empery Digital's borrowing costs.
Piotroski F Score
1
Very WeakView
Beneish M Score
-3.19
Unlikely ManipulatorView

Total Assets Over Time

Assets Financed by Debt

Debt finances 13.0% of EMPD's total assets — a relatively low share of the asset base, though leverage can still appear elevated relative to peers when measured against equity rather than total assets.
Empery Digital Debt Ratio
    
  13.0   
Current figures show most of Empery Digital's assets are financed through equity. A high debt-to-asset ratio signals elevated leverage, increasing Empery Digital's exposure to interest rate changes and credit tightening. It can also constrain Empery Digital's borrowing capacity and reduce financial flexibility.

Corporate Bonds Issued

Bond maturity for Empery Digital is a core risk dimension. Longer duration can offer higher yield, but price sensitivity and credit uncertainty also increase.

Empery Digital Short Long Term Debt Total

Short Long Term Debt Total

$53.23 million
Short and Long Term Debt Total stood at $50.69 million as of December 31, 2025.

Stock Analysis Methodology

How does Empery Digital compare on solvency and earnings quality? The indicators below frame the answer. Empery Digital trades at P/B of 0.5, P/S of 140.18. Empery Digital shows ROE (TTM) of -110.36% and negative operating margin of -31.61%.

Empery Digital data is compiled from periodic company reporting and market reference feeds and standardized for comparability.

Editorial review and methodology oversight provided by: Ellen Johnson, Member of Macroaxis Editorial Board

Be Your Own Money Manager

Investors considering Empery Digital as part of a broader investment plan should test whether the position improves portfolio quality without taking on avoidable risk. In practice, portfolio tools improve risk-adjusted return instead of simply increasing exposure.

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