Chegg Enterprise Value Over E B I T D A from 2010 to 2024
| CHGG Stock | USD 6.81 0.02 0.29% |
Enterprise Value Over EBITDA | First Reported 2010-12-31 | Previous Quarter 29.12632781 | Current Value 30.58 | Quarterly Volatility 171.03556725 |
Check Chegg financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chegg main balance sheet or income statement drivers, such as Depreciation And Amortization of 67.5 M, Interest Expense of 3.6 M or Selling General Administrative of 251.8 M, as well as many exotic indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.46 or PTB Ratio of 2.24. Chegg financial statements analysis is a perfect complement when working with Chegg Valuation or Volatility modules.
Chegg | Enterprise Value Over E B I T D A |
Latest Chegg's Enterprise Value Over E B I T D A Growth Pattern
Below is the plot of the Enterprise Value Over E B I T D A of Chegg Inc over the last few years. It is Chegg's Enterprise Value Over EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chegg's overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Over E B I T D A | 10 Years Trend |
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Enterprise Value Over E B I T D A |
| Timeline |
Chegg Enterprise Value Over E B I T D A Regression Statistics
| Arithmetic Mean | (18.18) | |
| Coefficient Of Variation | (940.63) | |
| Mean Deviation | 105.90 | |
| Median | 29.13 | |
| Standard Deviation | 171.04 | |
| Sample Variance | 29,253 | |
| Range | 688 | |
| R-Value | 0.12 | |
| Mean Square Error | 31,018 | |
| R-Squared | 0.02 | |
| Significance | 0.66 | |
| Slope | 4.75 | |
| Total Sum of Squares | 409,544 |
Chegg Enterprise Value Over E B I T D A History
About Chegg Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Chegg income statement, its balance sheet, and the statement of cash flows. Chegg investors use historical funamental indicators, such as Chegg's Enterprise Value Over E B I T D A, to determine how well the company is positioned to perform in the future. Although Chegg investors may use each financial statement separately, they are all related. The changes in Chegg's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Chegg's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Chegg Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Chegg. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Over EBITDA | 29.13 | 30.58 |
Pair Trading with Chegg
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 Chegg 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 Chegg will appreciate offsetting losses from the drop in the long position's value.Moving together with Chegg Stock
| 0.74 | GV | Visionary Education Symbol Change | PairCorr |
| 0.89 | IH | IhumanInc | PairCorr |
Moving against Chegg Stock
| 0.71 | GOTU | Gaotu Techedu DRC | PairCorr |
| 0.44 | JZ | Jianzhi Education Report 4th of October 2024 | PairCorr |
The ability to find closely correlated positions to Chegg could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chegg 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 Chegg - 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 Chegg Inc to buy it.
The correlation of Chegg 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 Chegg moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chegg 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 Chegg 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 the analysis of Chegg Correlation against competitors. Note that the Chegg Inc information on this page should be used as a complementary analysis to other Chegg's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Chegg Stock analysis
When running Chegg's price analysis, check to measure Chegg's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chegg is operating at the current time. Most of Chegg's value examination focuses on studying past and present price action to predict the probability of Chegg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chegg's price. Additionally, you may evaluate how the addition of Chegg to your portfolios can decrease your overall portfolio volatility.
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Is Chegg's industry 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 0.16 | Revenue Per Share 6.148 | Quarterly Revenue Growth (0.08) | Return On Assets (0) |
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.