Grove Collaborative Intrinsic Value – In 2023, Grove Collaborative Holdings,, a Certified B Corp™, to Present at Canaccord Genuity eCommerce Sustainable Advantage Forum.
March 21, 2023
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Grove Collaborative ($NYSE:GROV) Holdings, Inc., a certified B Corporation, is proud to announce that it will be presenting at the Canaccord Genuity eCommerce Sustainable Advantage Forum in 2023. As a premier provider of sustainable consumer products, Grove Collaborative is committed to making responsible choices for the planet, and believes that businesses can do well by doing good. It will also discuss its journey to becoming a Certified B Corp™ and ways that other companies can strive for this accomplishment. The presentation will provide key insights into how to be both environmentally and economically sustainable, while remaining profitable. It will also explore the challenges of scaling a sustainable business, as well as solutions to these issues.
In addition, representatives from Grove Collaborative will be available to answer questions from attendees and discuss the company’s mission and values. The company is thrilled to be able to share its experience and knowledge with the forum attendees, and is confident that this presentation will provide valuable insights for attendees who want to create a successful and sustainable eCommerce business.
Market Price
News of this event has been largely positive so far, and GROVE COLLABORATIVE‘s stock opened at $0.3 and closed at $0.3 on the day, down 3.0% from the previous closing price. The company hopes to use the event to showcase their sustainable business practices and further their commitment to creating a more equitable and sustainable future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Grove Collaborative. More…
| Total Revenues | Net Income | Net Margin |
| 321.53 | -87.72 | -39.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Grove Collaborative. More…
| Operations | Investing | Financing |
| -96.26 | -4.22 | 118.09 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Grove Collaborative. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 174.04 | 147.51 | 0.14 |
Key Ratios Snapshot
Some of the financial key ratios for Grove Collaborative are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.3% | – | -24.3% |
| FCF Margin | ROE | ROA |
| -31.3% | -189.0% | -28.0% |
Analysis – Grove Collaborative Intrinsic Value
At GoodWhale, we conducted an analysis of GROVE COLLABORATIVE‘s wellbeing and determined its fair value to be around $5.6, calculated by our proprietary Valuation Line. Currently, GROVE COLLABORATIVE stock is traded at $0.3, indicating a 94.6% undervaluation relative to its fair value. This presents an opportunity for investors to acquire the stock at a discounted rate and benefit from the potential upside it may bring. More…
Peers
The competition between Grove Collaborative Holdings Inc and its competitors Qingdao KingKing Applied Chemistry Co Ltd, Home Bistro Inc, and Artisan Consumer Goods Inc is fierce. All four companies are striving to be the leader in their respective industries, and each has its own unique strengths and strategies for achieving market dominance. As the competition heats up, it is clear that only the strongest will survive.
– Qingdao KingKing Applied Chemistry Co Ltd ($SZSE:002094)
Qingdao KingKing Applied Chemistry Co Ltd is a Chinese manufacturing company that specializes in the production of specialty chemicals. As of 2023, the company has a market capitalization of 2.85 billion and a Return on Equity of 1.21%. The market cap value indicates that the company is well-recognized and has a strong presence in the industry. The ROE suggests that the company is generating profits from its investments and is able to generate a good return for its shareholders.
– Home Bistro Inc ($OTCPK:HBISD)
Home Bistro Inc is a meal delivery service that provides customers with freshly prepared gourmet meals. The company has a market cap of 352.04k as of 2023, which indicates that it is relatively small in size. Home Bistro Inc’s Return on Equity is -514.38%, which indicates that the company’s shareholders have not been able to generate profits from their investments in the company. This may be due to high operating costs or poor management of resources. Despite this, Home Bistro Inc continues to strive to provide quality meals and services to its customers.
– Artisan Consumer Goods Inc ($OTCPK:ARRT)
Artisan Consumer Goods Inc is a consumer goods company that specializes in the manufacturing and distribution of quality products. Its market cap of 532.4k as of 2023 speaks to its financial strength and ability to generate profits for its shareholders. Its Return on Equity of 9.67% is indicative of the company’s ability to generate profits from its equity capital. Artisan Consumer Goods Inc has proven to be a reliable and profitable company for its shareholders and customers alike.
Summary
Grove Collaborative Holdings, Inc., a Certified B Corp™, recently announced their presentation at the Canaccord Genuity eCommerce Sustainable Advantage Forum this upcoming 2023. So far, news surrounding the company has largely been positive, however, their stock price has dropped on the same day. For investors, it is worthwhile to conduct further research into the company’s long-term prospects and goals for sustainability. Additionally, considering how Grove Collaborative’s stock price reacts to news and market events can also provide valuable insight into the company’s future.
