TSXV:GBLT

Stock Analysis Report

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Executive Summary

GBLT Corp., through its subsidiary, German Battery Trading GMBH, operates as a diversified lighting and battery company in Germany, rest of European Union, and internationally.


Snowflake Analysis

Slightly overvalued with imperfect balance sheet.

Share Price & News

How has GBLT's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GBLT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

40.0%

GBLT

31.6%

CA Electrical

2.4%

CA Market


1 Year Return

-58.8%

GBLT

6.0%

CA Electrical

-12.4%

CA Market

Return vs Industry: GBLT underperformed the Canadian Electrical industry which returned 5.9% over the past year.

Return vs Market: GBLT underperformed the Canadian Market which returned -12.4% over the past year.


Shareholder returns

GBLTIndustryMarket
7 Day40.0%31.6%2.4%
30 Day16.7%52.1%-0.9%
90 Day40.0%126.3%17.3%
1 Year-58.8%-58.8%8.3%6.0%-9.4%-12.4%
3 Yearn/a502.5%495.9%4.2%-5.7%
5 Yearn/a952.7%921.4%22.1%3.8%

Price Volatility Vs. Market

How volatile is GBLT's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is GBLT undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GBLT (CA$0.04) is trading below our estimate of fair value (CA$0.16)

Significantly Below Fair Value: GBLT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GBLT is unprofitable, so we can't compare its PE Ratio to the Electrical industry average.

PE vs Market: GBLT is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GBLT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GBLT has negative assets, so we can't compare its PB Ratio to the CA Electrical industry average.


Next Steps

Future Growth

How is GBLT forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.7%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as GBLT has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has GBLT performed over the past 5 years?

-3.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GBLT is currently unprofitable.

Growing Profit Margin: GBLT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GBLT is unprofitable, and losses have increased over the past 5 years at a rate of -3% per year.

Accelerating Growth: Unable to compare GBLT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GBLT is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (-10.4%).


Return on Equity

High ROE: GBLT's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is GBLT's financial position?


Financial Position Analysis

Short Term Liabilities: GBLT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: GBLT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: GBLT has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: GBLT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable GBLT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: GBLT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.7% per year.


Next Steps

Dividend

What is GBLT current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GBLT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GBLT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GBLT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GBLT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GBLT's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

€3m

CEO Compensation


CEO

Joachim Senst

5.92yrs

Tenure

€2,541,066

Compensation

Dr. Jur. Joachim Thilo Senst has been Chief Executive Officer and Director of GBLT Corp. since August 30, 2014 and serves as its President and serves as its Interim Chief Financial Officer since February 1 ...


CEO Compensation Analysis

Compensation vs Market: Joachim's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD173.28K).

Compensation vs Earnings: Joachim's compensation has increased whilst the company is unprofitable.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

GBLT Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GBLT Corp.
  • Ticker: GBLT
  • Exchange: TSXV
  • Founded:
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: CA$3.938m
  • Shares outstanding: 112.53m
  • Website: https://www.gbltcorp.com

Location

  • GBLT Corp.
  • 1 First Canadian Place
  • Suite 6000
  • Toronto
  • Ontario
  • M5X 1E2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GBLTTSXV (TSX Venture Exchange)YesCommon SharesCACADMar 2018
GBLT.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMar 2018
4G9DB (Deutsche Boerse AG)YesCommon SharesDEEURMar 2018

Biography

GBLT Corp., through its subsidiary, German Battery Trading GMBH, operates as a diversified lighting and battery company in Germany, rest of European Union, and internationally. The company produces and distributes residential storage systems; mobile energy storage systems; digital outdoor signs for shopping areas; wall-mounted indoor LED displays for train stations and airports; and SMD LED curtains for large events and conventions, as well as lighting products under the Polaroid brand name. It also produces and sells various types of batteries, such as lithium, alkaline, and heavy duty batteries, as well as rechargeable batteries and chargers under the AgfaPhoto brand name. In addition, the company offers LED tubes and battery chemical systems, as well as medical products comprising hearing aid batteries and latex gloves under private labels; and mobile lithium based storage systems and solar panels under the KODAK brand name. It serves retail and commercial customers, as well as governments, public services, and industrial customers. The company sells its products through supermarkets, department stores, drugstores, convenience stores, petrol stations, etc. GBLT Corp. is based in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/05 00:14
End of Day Share Price2020/07/03 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.