Eightco Holdings Inc OCTO

Morningstar Rating
$2.39 −0.34 (12.45%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

OCTO is trading at a 432% premium.
Price
$2.41
Fair Value
$8.63
Uncertainty
Extreme
1-Star Price
$27.34
5-Star Price
$1.81
Economic Moat
Jwxfq
Capital Allocation

News

Trading Information

Previous Close Price
$2.73
Day Range
$2.382.66
52-Week Range
$1.264.86
Bid/Ask
$2.32 / $2.43
Market Cap
$4.18 Mil
Volume/Avg
13,313 / 1.7 Mil

Key Statistics

Price/Earnings (Normalized)
2.18
Price/Sales
0.05
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

Eightco Holdings Inc operates in three main businesses: Forever 8 Inventory Cash Flow Solution, Web3 Business, and Packaging Business. Forever 8 focuses on purchasing inventory for e-commerce retailers and is part of its Inventory Solution Business. Web3 Business but has no intention of continuing this business at this time. The Packaging Business manufactures and sells custom packaging for a wide variety of products and helps customers generate brand awareness and promote brand image through packaging. The Company’s two reportable segments were the Inventory Management Solutions segment and the Corrugated segment. Key revenue is generated from Inventory Management Solutions segment.
Sector
Consumer Cyclical
Industry
Packaging & Containers
Stock Style Box
Small Value
Total Number of Employees
22

Valuation

Metric
OCTO
Price/Earnings (Normalized)
2.18
Price/Book Value
0.30
Price/Sales
0.05
Price/Cash Flow
Price/Earnings
OCTO

Financial Strength

Metric
OCTO
Quick Ratio
0.10
Current Ratio
0.32
Interest Coverage
0.62
Quick Ratio
OCTO

Profitability

Metric
OCTO
Return on Assets (Normalized)
−24.39%
Return on Equity (Normalized)
−284.21%
Return on Invested Capital (Normalized)
−13.01%
Return on Assets
OCTO

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