CHGG
Chegg Inc
Price:  
3.51 
USD
Volume:  
4,687,436.00
United States | Diversified Consumer Services
Valuation
Overview
Financials
Forecast
Compare
Historical Price
SolvencyDividends
Transactions
People

Chegg Fair Value

1.35 %
Upside

As of 2024-07-27, the Fair Value of Chegg Inc (CHGG) is 3.56 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 3.51 USD, the upside of Chegg Inc is 1.35%.

3.51 USD
Stock Price
3.56 USD
Fair Price
FAIR VALUE CALCULATION

Chegg Fair Value

Peter Lynch's formula is:

Chegg Fair Value
= Earnings Growth Rate x TTM EPS
Chegg Fair Value
= 25.00 x 0.14
Chegg Fair Value
= 3.56

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income -9.60 -6.20 -1.50 266.60 18.18 53.50
YoY growth 35.57% 35.42% 75.81% 17,873.33% -93.18% 3,585.39%

Chegg Fair Value - Key Data

Market Cap (mil) 358.79
P/E 24.67x
Forward P/E 8.35x
EPS 0.14
Avg earnings growth rate 3,585.39%
TTM earnings 14.55