One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Edible Garden AG Incorporated
EDBL · NCM · Consumer Defensive · Farm Products
Current price
$0.70
52-week range
$0.66 - $670.50
Market cap
$1.37M
Balance sheet
Distressed
-11.10x Concerning
Net debt $14.06M. Interest coverage shows how many times profit covers the interest bill.
What stands out
1 Reward
3 Risks
1 rewards · 3 risks
- Reward Revenue grew 8.0% last year.
- Risk Return on equity was -152.4% last year — the company lost money on shareholders' equity.
- Risk Operating margin compressed from -77.9% to -89.9% over 3 years.
- Risk Insider ownership is only 0.1% (peer median: 10.5%).
What this company does
Edible Garden AG Incorporated
Edible Garden AG Incorporated is a farming company that grows and sells fresh herbs and salad kits, like basil and Caesar salad kits, directly to supermarkets. Their main income comes from selling these packaged greens, and this matters because it shows how successful they are at getting their products onto store shelves and into people's homes.
What it actually does
Edible Garden AG Incorporated operates as a controlled environment agriculture (CEA) company, meaning they grow plants in a controlled indoor environment, like greenhouses, rather than traditional outdoor farms. This allows them to manage factors like temperature, light, and water more precisely. They focus on producing organic and sustainable produce, including a variety of herbs and lettuces, which they sell to regional and national supermarkets. Their approach emphasizes a "Zero-Waste Inspired®" model, aiming to minimize waste throughout their operations and use sustainable packaging.
Fresh Produce
This is the core business of Edible Garden, where they grow and sell a wide range of fresh herbs and leafy greens. They offer products like cilantro, rosemary, mint, thyme, basil, and various types of lettuce, including buttercrunch and romaine. These products are grown in their state-of-the-art greenhouses using methods like hydroponics, which means growing plants without soil. The company sells these fresh produce items to supermarkets across the United States, ensuring they are delivered fresh to consumers.
Consumer Packaged Goods (CPG)
Beyond fresh produce, Edible Garden also develops and sells a variety of consumer packaged goods. This includes plant and whey protein powders under brands like Vitamin Way® and Vitamin Whey®, as well as sports nutrition products under the Kick. Sports Nutrition line. They also offer sustainable food flavoring products such as Pulp gourmet sauces and chili-based products, and a line of fermented pickles and krauts called Pickle Party. This segment represents a strategic shift towards higher-margin, shelf-stable products.
What management is betting on now
Edible Garden's management is focused on a strategic shift towards higher-margin, shelf-stable consumer packaged goods (CPG) to improve profitability. They are investing in expanding their CPG portfolio, which includes protein powders and sauces, and developing an omnichannel go-to-market strategy. The company is also optimizing its operations through initiatives like a new logistics model that delivers directly to retailer distribution centers, aiming to reduce operating costs and environmental impact. Furthermore, Edible Garden is exploring strategic partnerships and acquisitions to enhance its capabilities and expand its market reach.
Price history
How the share price has moved
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Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
FY2024 Q3
$-1.12M
FY2024 Q4
$-1.88M
FY2025 Q1
$-3.41M
FY2025 Q2
$-3.49M
FY2025 Q3
$-2.79M
FY2025 Q4
$-2.76M
FY2026 Q1
$147.00K
FY2026 Q2
$-2.62M
Revenue
$3.55M
Net income
$-3.26M
Diluted EPS
-18.79
Operating cash flow
$644.00K
Free cash flow
$-2.62M
Fetching…
Sources
Revenue
$3.34M
Net income
$-3.67M
Diluted EPS
-5.25
Operating cash flow
$251.00K
Free cash flow
$147.00K
Fetching…
Sources
Revenue
$4.13M
Net income
$-5.92M
Diluted EPS
-109.97
Operating cash flow
$-2.66M
Free cash flow
$-2.76M
Fetching…
Sources
Revenue
$2.82M
Net income
$-4.04M
Diluted EPS
1.38
Operating cash flow
$-2.38M
Free cash flow
$-2.79M
Fetching…
Sources
Revenue
$3.15M
Net income
$-4.04M
Diluted EPS
-6.58
Operating cash flow
$-3.43M
Free cash flow
$-3.49M
Fetching…
Sources
Revenue
$2.72M
Net income
$-3.32M
Diluted EPS
-2.47
Operating cash flow
$-3.33M
Free cash flow
$-3.41M
Fetching…
Sources
Revenue
$3.87M
Net income
$-3.08M
Diluted EPS
286.46
Operating cash flow
$-1.75M
Free cash flow
$-1.88M
Fetching…
Sources
Revenue
$2.58M
Net income
$-2.06M
Diluted EPS
16.32
Operating cash flow
$-1.11M
Free cash flow
$-1.12M
Fetching…
Sources
Is it cheap or expensive?
Fair value — vs current price $0.70
We couldn't calculate a fair value right now.
Is it drowning in debt?
Distressed
Net debt $14.1M. Interest coverage -11.1x.
Net debt
$14.06M
Interest coverage
-11.10x
Edible Garden AG Incorporated's profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 2 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Distressed
Worse cushion
Baseline
Better cushion
EDBL
BASELINE
Edible Garden AG Incorporated
Total debt $14.72M Interest coverage -11.10x This is the baseline the peer rows are being compared against.
Total debt $541.70M Interest coverage -1.95x Neither company has much profit cushion over interest right now.
Total debt $46.19M Interest coverage 10.13x This peer still has a real interest-payment cushion, while EDBL does not.
Total debt $158.15M Interest coverage -3.33x Neither company has much profit cushion over interest right now.
What you should know
The case for and against EDBL
1 Reward
3 Risks
Rewards
-
Revenue grew 8.0% last year.
Risks
-
Return on equity was -152.4% last year — the company lost money on shareholders' equity.
-
Operating margin compressed from -77.9% to -89.9% over 3 years.
-
Insider ownership is only 0.1% (peer median: 10.5%).
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
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Forward P/E
-0.05x
P/B
-0.36x
P/S
0.10x
EV/EBITDA
-1.54x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
-10.0%
Operating margin
-89.9%
Net margin
-122.1%
ROE
-152.4%
ROA
-48.3%
Health
Liquidity and balance-sheet strength
Debt / equity
2.64x
Current ratio
0.73x
Quick ratio
0.18x
Total debt
$14.72M
Total cash
$658.00K
Growth
How the business has been compounding
Revenue TTM
$13.84M
Revenue 5Y CAGR
3.5%
EPS TTM
-1,511.39
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-4.14M
Free CF TTM
$-12.44M
FCF margin
-89.9%
Dividend
Shareholder payout
Yield
0.0%
Payout ratio
0.0%
Last ex-div date
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