Emerald Holding (EEX) Fair Value & Analysis
Communication Services · US · Market cap $994M
Emerald Holding
EEX · US
Fair value as of: Jul 16, 2026
From 15 valuation models · updated 25 days ago
Share price +0.4% over the past month.
Below-average quality, and screening another 33% overvalued on our models.
What matters now
- Weak quality (36/100) and above fair value at the same time, the margin of safety is missing on both counts.
- The model range is unusually wide ($0.7990 to $5.11). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.
How to read this chart
60‑month range $2.38 – $6.71 · fair‑value band $0.7990 – $5.11 · the $5.04 price screens above the $3.37 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.
Analysis
Emerald Holding (EEX) currently trades at $5.04, while our model-based Fair Value estimate is $3.37, implying the stock looks roughly 33.1% overvalued today. The Quality Score stands at 36/100 (below-average quality), in the Communication Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, Emerald Holding generated revenue of $471M at a net margin of -8.2%. Revenue grew 5.2% year over year. It earns a return on equity of -10.6%. Net debt stands at $505M. Fundamentals as of Jul 16, 2026
Our scenario range runs from $0.7990 (bear case) to $5.11 (bull case); at $5.04, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 7% below its 52-week high and 53% above its 52-week low, currently above its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -1% fair-value upside, at -33%, EEX screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 15 models by family
Widest divergence: Multiples ($4.36) versus Dividend Discount ($0.7700). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 34 · Market factors (momentum, volatility) 52
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Emerald Holding, Inc. operates as a business-to-business (B2B) event organizer in the United States. The company provides B2B trade shows, expos, and conferences; B2C showcases; and B2B digital media platforms and print publications, which provides industry-specific news, insights, education, and analysis across various sectors.
Full company description
Emerald Holding, Inc. operates as a business-to-business (B2B) event organizer in the United States. The company provides B2B trade shows, expos, and conferences; B2C showcases; and B2B digital media platforms and print publications, which provides industry-specific news, insights, education, and analysis across various sectors. It also offers B2B e-commerce and digital merchandising solutions to manufacturers and retailers through Elastic Suite platform. The company was formerly known as Emerald Expositions Events, Inc. and changed its name to Emerald Holding, Inc. in February 2020. Emerald Holding, Inc. was incorporated in 2013 and is headquartered in New York, New York.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Emerald Holding reported revenue of $463M in FY2025 versus $146M in FY2021, a compound +33.6%/yr. Reported net income was −$30.7M in FY2025.
EEX screens 33% overvalued. Compare with AppLovin Corporation →
Peer Group
Advertising Agencies · 199 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Advertising Agencies median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Advertising Agencies stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| AppLovin Corporation APP | $506.98 | $181.37 | -64% |
| Publicis Groupe S.A PUB | €87.16 | €146.36 | +68% |
| Omnicom Group OMC | $80.75 | $99.84 | +24% |
| Focus Media Information Technology Co 002027 | ¥5.00 | ¥4.08 | -18% |
| The Trade Desk, Inc TTD | $19.37 | $20.76 | +7% |
| BlueFocus Intelligent Communications Group 300058 | ¥13.81 | ¥1.50 | -89% |
| JCDecaux SE DEC | €21.28 | €20.99 | -1% |
| WPP plc WPP | $18.13 | $18.56 | +2% |
| Easy Click Worldwide Network Technology Co 301171 | ¥28.85 | ¥5.62 | -81% |
| Mobvista Inc 1860 | HK$11.15 | HK$6.43 | -42% |
Compare Emerald Holding with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Communication Services stocks →
Frequently asked questions
Is Emerald Holding (EEX) overvalued or undervalued?
What is the fair value of EEX?
What is the quality score of EEX?
What is the revenue of Emerald Holding (EEX)?
What is the net profit margin of EEX?
Does Emerald Holding pay a dividend?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track Emerald Holding and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.