Eventbrite Inc. Class A
Find Ratings ReportsEVENTBRITE INC's gross profit margin for the fourth quarter of its fiscal year 2023 has increased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. EVENTBRITE INC has strong liquidity. Currently, the Quick Ratio is 1.94 which shows the ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.
During the same period, stockholders' equity ("net worth") has increased by 15.13% from the same quarter last year. The key liquidity measurements indicate that the company is unlikely to face financial difficulties in the near future.
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Income Statement | Q4 FY23 | Q4 FY22 |
---|---|---|
Net Sales ($mil) | 87.76 | 71.54 |
EBITDA ($mil) | -4.08 | -1.78 |
EBIT ($mil) | -7.9 | -5.58 |
Net Income ($mil) | -0.94 | 4.01 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 642.95 | 623.52 |
Total Assets ($mil) | 913.33 | 895.38 |
Total Debt ($mil) | 360.96 | 361.74 |
Equity ($mil) | 191.76 | 166.56 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 72.58 | 68.47 |
EBITDA Margin | -4.64 | -2.49 |
Operating Margin | -9.0 | -7.8 |
Sales Turnover | 0.36 | 0.29 |
Return on Assets | -2.89 | -6.18 |
Return on Equity | -13.81 | -33.25 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 1.99 | 1.89 |
Debt/Capital | 0.65 | 0.68 |
Interest Expense | 2.83 | 2.81 |
Interest Coverage | -2.8 | -1.99 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 101.28 | 99.17 |
Div / share | 0.0 | 0.0 |
EPS | -0.01 | 0.04 |
Book value / share | 1.89 | 1.68 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 1530548.0 | 1190643.0 |
SELL. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. For additional comparison, its price-to-book ratio of 2.94 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 17.67. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. After reviewing these and other key valuation criteria, EVENTBRITE INC proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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EB NM | Peers 76.09 | EB 29.61 | Peers 32.96 | |||||||||||||||||||||
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings. EB's P/E is negative making this valuation measure meaningless. |
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. EB is trading at a discount to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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EB NM | Peers 26.19 | EB NA | Peers 0.62 | |||||||||||||||||||||
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings. EB's ratio is negative making this valuation measure meaningless. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. Ratio not available. |
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Price/Book |
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Earnings Growth |
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EB 2.94 | Peers 17.67 | EB 51.79 | Peers 89.51 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. EB is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, EB is expected to significantly trail its peers on the basis of its earnings growth rate. |
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Price/Sales |
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Sales Growth |
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EB 1.73 | Peers 8.21 | EB 24.99 | Peers 15.59 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. EB is trading at a significant discount to its subsector on this measurement. |
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share. EB has a sales growth rate that significantly exceeds its peers. |
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