Amaze Holdings, Inc. (NYSE: AMZE)

Sector: Consumer Defensive Industry: Beverages - Wineries & Distilleries CIK: 0001880343
Market Cap 575,491.14
P/B 0.01
P/E -0.05
P/S 0.26
ROIC (Qtr) -14.39
Div Yield % 0.00
Rev 1y % (Qtr) 1,884.28
Total Debt (Qtr) 8.27 Mn
Debt/Equity (Qtr) 0.12
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About

Fresh Vine Wine, Inc., also known as VINE, is a leading player in the United States wine industry, specializing in the production of low-carb, low-calorie, premium wines. The company's innovative approach to wine production has resulted in a unique product offering that caters to the growing consumer demand for healthier lifestyle options. Fresh Vine Wine's primary business activities involve the production and sale of premium wines. These wines are differentiated from other varietals based on consumers' perception and expectation of exceptional...

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Investment thesis

Bull case

  • Operating cash flow of (10.36M) fully covers other non-current liabilities (2.83M) by 3.66x, showing strong long-term stability.
  • Cash reserves of 299938 exceed inventory value of 174189 by 1.72x, indicating strong liquidity and inventory management.
  • Tangible assets of 1.29M provide robust 6.19x coverage of receivables 209049, showing strong asset quality.

Bear case

  • Cash reserves of 299938 provide limited coverage of acquisition spending of 591686, which is 0.51x, suggesting aggressive expansion might strain liquidity if market conditions deteriorate.
  • Operating cash flow of (10.36M) provides insufficient coverage of deferred revenue obligations of 2.83M, which is -3.66x, raising concerns about future service delivery capabilities.
  • The company's operating cash flow of (10.36M) shows concerning coverage of stock compensation expenses of 960133, with a -10.79 ratio indicating potential earnings quality issues.
  • Operating earnings of (10.84M) show weak coverage of depreciation charges of 3907, with a -2775.01 ratio indicating high capital intensity and potential reinvestment needs.
  • Operating cash flow of (10.36M) barely covers operating expenses of 964040 with a -10.75 ratio, suggesting thin operational efficiency margins and limited flexibility.

Peer comparison

Companies in the Beverages - Wineries & Distilleries
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 BF-B Brown Forman Corp 14.00 Bn 15.65 3.47 2.65 Bn
2 MGPI Mgp Ingredients Inc 0.43 Bn 128.50 2.02 0.28 Bn
3 SNDL SNDL Inc. 0.37 Bn -5.50 0.53 0.11 Bn
4 EPSM Epsium Enterprise Ltd 0.02 Bn -21.71 2.28 -
5 WVVI Willamette Valley Vineyards Inc 0.01 Bn -3.69 0.34 0.03 Bn
6 YHC LQR House Inc. 0.01 Bn -0.28 4.75 0.00 Bn
7 IBG Innovation Beverage Group Ltd 0.01 Bn -3.45 3.02 -
8 BLNE Beeline Holdings, Inc. 0.00 Bn -0.09 0.25 0.01 Bn

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets 0.07 0.70
EV to Cash from Ops. EV/CFO -0.64 0.60
EV to Debt EV to Debt 0.81 13.54
EV to EBIT EV/EBIT -0.61 49.29
EV to EBITDA EV/EBITDA -0.59 3.44
EV to Free Cash Flow [EV/FCF] EV/FCF -0.64 1.15
EV to Market Cap EV to Market Cap 11.59 2.82
EV to Revenue EV/Rev 2.97 2.43
Price to Book Value [P/B] P/B 0.01 1.72
Price to Earnings [P/E] P/E -0.05 10.93
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Div Coverage (Qtr) -63.91 -6.82
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 -2.32
Dividend per Basic Share Div per Share (Qtr) 0.00 0.14
FCF Dividend Payout Ratio % FCF Div Payout % (Qtr) 0.00 9.32
Interest Coverage Int. cover (Qtr) -6.98 -0.95
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex Growth (1y) % 0.00 18.00
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) 145.71 496.36
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 3.74
EBIAT Growth (1y) % EBIAT 1y % (Qtr) -143.47 -111.27
EBITDA Growth (1y) % EBITDA 1y % (Qtr) -152.82 -103.66
EBIT Growth (1y) % EBIT 1y % (Qtr) -143.47 -105.34
EBT Growth (1y) % EBT 1y % (Qtr) -177.97 -99.32
EPS Growth (1y) % EPS 1y % (Qtr) -14.99 -43.63
FCF Growth (1y) % FCF 1y % (Qtr) -559.83 -145.15
Gross Profit Growth (1y) % Gross Profit 1y % (Qtr) 459.62 306.89
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 0.02 0.26
Cash Payout Ratio Cash Payout (Qtr) 0.00 0.05
Cash Ratio Cash Ratio (Qtr) 0.01 0.65
Current Ratio Curr Ratio (Qtr) 0.05 2.64
Debt to Equity Ratio Debt/Equity (Qtr) 0.12 0.31
Interest Cover Ratio Int Coverage (Qtr) -6.98 -0.95
Times Interest Earned Times Interest Earned (Qtr) -6.98 -0.95
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % (Qtr) -482.70 -505.97
EBIT Margin % EBIT Margin % (Qtr) -482.91 -515.46
EBT Margin % EBT Margin % (Qtr) -552.13 -559.04
Gross Margin % Gross Margin % (Qtr) 87.00 31.53
Net Profit Margin % Net Margin % (Qtr) -560.90 -561.05