Egain Stock Current Valuation

EGAN Stock  USD 6.45  0.03  0.47%   
Valuation analysis of EGain helps investors to measure EGain's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of the 28th of March 2024, Enterprise Value Multiple is likely to grow to 146.71. Fundamental drivers impacting EGain's valuation include:
Price Book
2.9991
Enterprise Value
115.5 M
Enterprise Value Ebitda
15.7934
Price Sales
2.0946
Forward PE
22.1239
Undervalued
Today
6.45
Please note that EGain's price fluctuation is slightly risky at this time. Calculation of the real value of EGain is based on 3 months time horizon. Increasing EGain's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for EGain is useful when determining the fair value of the EGain stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of EGain. Since EGain is currently traded on the exchange, buyers and sellers on that exchange determine the market value of EGain Stock. However, EGain's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  6.45 Real  7.64 Target  11.0 Hype  6.44
The real value of EGain Stock, also known as its intrinsic value, is the underlying worth of EGain Company, which is reflected in its stock price. It is based on EGain's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of EGain's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence EGain's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
7.64
Real Value
11.45
Upside
Estimating the potential upside or downside of EGain helps investors to forecast how EGain stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of EGain more accurately as focusing exclusively on EGain's fundamentals will not take into account other important factors:
Earnings
Estimates (0)
LowProjectedHigh
0.060.060.07
Details
Hype
Prediction
LowEstimatedHigh
2.636.4410.25
Details
2 Analysts
Consensus
LowTarget PriceHigh
10.0111.0012.21
Details

EGain Current Valuation Analysis

EGain's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
 2021 2022 2023 2024 (projected)
Total Operating Expenses69.6M69.3M79.7M45.9M
Cost Of Revenue24.5M27.3M31.4M17.5M

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current EGain Current Valuation

    
  115.54 M  
Most of EGain's fundamental indicators, such as Current Valuation, 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, EGain is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

EGain Current Valuation Driver Correlations

Understanding the fundamental principles of building solid financial models for EGain is extremely important. It helps to project a fair market value of EGain Stock properly, considering its historical fundamentals such as Current Valuation. Since EGain'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 EGain'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 EGain's interrelated accounts and indicators.
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Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, EGain has a Current Valuation of 115.54 M. This is 99.4% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The current valuation for all United States stocks is 99.3% higher than that of the company.

EGain Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EGain's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of EGain could also be used in its relative valuation, which is a method of valuing EGain by comparing valuation metrics of similar companies.
EGain is currently under evaluation in current valuation category among related companies.

EGain Fundamentals

About EGain Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze EGain's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EGain using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EGain 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.
eGain Corporation develops, licenses, implements, and supports customer service infrastructure software solutions in North America, Europe, the Middle East, Africa, and the Asia Pacific. The company was incorporated in 1997 and is headquartered in Sunnyvale, California. Egain Corp operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 687 people.

Pair Trading with EGain

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 EGain 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 EGain will appreciate offsetting losses from the drop in the long position's value.

Moving together with EGain Stock

  0.73U Unity Software Financial Report 8th of May 2024 PairCorr
  0.73DT Dynatrace Holdings LLC Financial Report 15th of May 2024 PairCorr

Moving against EGain Stock

  0.43AI C3 Ai Inc Financial Report 29th of May 2024 PairCorr
The ability to find closely correlated positions to EGain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EGain 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 EGain - 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 EGain to buy it.
The correlation of EGain 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 EGain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EGain 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 EGain 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.
Pair CorrelationCorrelation Matching
When determining whether EGain offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EGain's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Egain Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Egain Stock:
Check out EGain Piotroski F Score and EGain Altman Z Score analysis.
To learn how to invest in EGain Stock, please use our How to Invest in EGain guide.
Note that the EGain information on this page should be used as a complementary analysis to other EGain'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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running EGain's price analysis, check to measure EGain'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 EGain is operating at the current time. Most of EGain's value examination focuses on studying past and present price action to predict the probability of EGain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EGain's price. Additionally, you may evaluate how the addition of EGain to your portfolios can decrease your overall portfolio volatility.
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Is EGain'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 EGain. If investors know EGain 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 EGain 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
(0.71)
Earnings Share
0.21
Revenue Per Share
3.023
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0287
The market value of EGain is measured differently than its book value, which is the value of EGain that is recorded on the company's balance sheet. Investors also form their own opinion of EGain's value that differs from its market value or its book value, called intrinsic value, which is EGain'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 EGain's market value can be influenced by many factors that don't directly affect EGain'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 EGain's value and its price as these two are different measures arrived at by different means. Investors typically determine if EGain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EGain'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.