Financials 8x8, Inc.

Equities

EGHT

US2829141009

Integrated Telecommunications Services

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
2.27 USD -2.16% Intraday chart for 8x8, Inc. +4.13% -39.95%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,932 1,420 3,487 1,490 471.4 280.2 - -
Enterprise Value (EV) 1 1,802 1,420 3,634 1,801 333.3 122.1 156.2 188.4
P/E ratio -21.5 x -8.06 x -20.7 x -8.12 x -6.62 x -5.08 x -9.46 x 18.9 x
Yield - - - - - - - -
Capitalization / Revenue 5.48 x 3.18 x 6.55 x 2.33 x 0.63 x 0.38 x 0.38 x 0.36 x
EV / Revenue 5.11 x 3.18 x 6.83 x 2.82 x 0.45 x 0.17 x 0.21 x 0.24 x
EV / EBITDA -122 x -27.6 x 19,128 x 82 x 4.58 x 1.07 x 1.32 x 1.57 x
EV / FCF -75.2 x -8.8 x -73.7 x 177 x 9.83 x 1.96 x 2.24 x 1.59 x
FCF Yield -1.33% -11.4% -1.36% 0.56% 10.2% 51.1% 44.6% 62.9%
Price to Book 7.66 x 7.27 x 21.4 x 8.14 x 4.79 x 2.64 x 1.71 x 1.22 x
Nbr of stocks (in thousands) 95,655 102,458 107,486 118,331 113,048 123,421 - -
Reference price 2 20.20 13.86 32.44 12.59 4.170 2.270 2.270 2.270
Announcement Date 5/14/19 5/12/20 5/10/21 5/10/22 5/11/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 352.6 446.2 532.3 638.1 743.9 728.1 733.2 769.3
EBITDA 1 -14.76 -51.52 0.19 21.96 72.82 113.7 118.5 120.1
EBIT 1 -23.5 -60.88 -11.11 10.59 62.36 92.41 96.43 112.3
Operating Margin -6.67% -13.64% -2.09% 1.66% 8.38% 12.69% 13.15% 14.59%
Earnings before Tax (EBT) 1 -88.17 -171.5 -164.7 -175.8 -70.34 -51.93 -29.52 -
Net income 1 -88.74 -172.4 -165.6 -175.4 -73.14 -55.78 -31.97 -5.8
Net margin -25.17% -38.63% -31.1% -27.48% -9.83% -7.66% -4.36% -0.75%
EPS 2 -0.9400 -1.720 -1.570 -1.550 -0.6300 -0.4467 -0.2400 0.1200
Free Cash Flow 1 -23.96 -161.3 -49.31 10.17 33.9 62.37 69.69 118.4
FCF margin -6.8% -36.15% -9.26% 1.59% 4.56% 8.57% 9.5% 15.4%
FCF Conversion (EBITDA) - - - 46.32% 46.55% 54.88% 58.79% 98.63%
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - - - - - - -
Announcement Date 5/14/19 5/12/20 5/10/21 5/10/22 5/11/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 151.6 156.9 181.4 187.6 187.4 184.4 184.5 183.3 185 181 178.8 181.2 183.5 183.4 185.2
EBITDA 1 3.501 5.85 7.061 12.92 11.91 20.76 27.23 28.56 25.73 26.3 23.38 27.12 28.09 28.8 35.34
EBIT 1 1.937 3.133 4.175 10.14 9.073 18.33 24.82 26.43 23.76 24.26 17.94 22.63 24.2 25.33 23.98
Operating Margin 1.28% 2% 2.3% 5.4% 4.84% 9.94% 13.45% 14.42% 12.85% 13.4% 10.04% 12.49% 13.19% 13.81% 12.95%
Earnings before Tax (EBT) 1 -42.09 -43.48 -46.54 -25.64 -11.04 -25.99 -7.665 -13.88 -7.841 -20.7 -12.1 -9.502 -8.889 -3.639 -
Net income 1 -42.32 -43.57 -45.58 -26.04 -11.64 -26.03 -9.431 -15.33 -7.452 -21.22 -13.79 -8.816 -8.408 -6.197 -7.767
Net margin -27.93% -27.77% -25.13% -13.88% -6.21% -14.12% -5.11% -8.36% -4.03% -11.72% -7.71% -4.87% -4.58% -3.38% -4.19%
EPS 2 -0.3800 -0.3800 -0.3900 -0.2200 -0.1000 -0.2300 -0.0800 -0.1300 -0.0600 -0.1700 -0.1067 -0.0700 -0.0640 -0.0440 -0.0533
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 11/2/21 2/2/22 5/10/22 7/27/22 10/27/22 2/1/23 5/11/23 8/8/23 11/1/23 1/31/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 147 311 - - - -
Net Cash position 1 130 - - - 138 158 124 91.7
Leverage (Debt/EBITDA) - - 775.7 x 14.18 x - - - -
Free Cash Flow 1 -24 -161 -49.3 10.2 33.9 62.4 69.7 118
ROE (net income / shareholders' equity) -9.08% -27% -7.77% 5.69% 27.3% 50.4% 40.4% 35.5%
ROA (Net income/ Total Assets) - -27.6% -24% -22.1% -8.35% -7.5% -3.7% -
Assets 1 - 623.5 689.5 794.3 876.1 743.8 864 -
Book Value Per Share 2 2.640 1.910 1.520 1.550 0.8700 0.8600 1.330 1.860
Cash Flow per Share 2 -0.1600 -0.9400 -0.1300 0.3100 0.4200 0.6200 0.8300 -
Capex 1 9.1 35.8 6.43 4.14 2.99 3.26 3.96 3.97
Capex / Sales 2.58% 8.03% 1.21% 0.65% 0.4% 0.45% 0.54% 0.52%
Announcement Date 5/14/19 5/12/20 5/10/21 5/10/22 5/11/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
2.27 USD
Average target price
4.125 USD
Spread / Average Target
+81.72%
Consensus
1st Jan change Capi.
-39.95% 280M
-9.62% 110M
VOIP Services