TSXV:GLXY

Stock Analysis Report

Executive Summary

Galaxy Digital Holdings Ltd., an asset management firm, operates in the digital assets and blockchain technology industry.

Risk Analysis

Insufficient data to perform risk analysis


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

How has Galaxy Digital Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Information is not available.


Market Performance


7 Day Return

-2.0%

GLXY

-0.3%

CA Capital Markets

0.1%

CA Market


1 Year Return

n/a

GLXY

21.8%

CA Capital Markets

12.1%

CA Market

Information is not available.

Information is not available.


Shareholder returns

GLXYIndustryMarket
7 Day-2.0%-0.3%0.1%
30 Day-13.4%-1.9%0.2%
90 Day-2.4%-3.9%0.7%
1 Yearn/a27.6%21.8%15.9%12.1%
3 Year6.0%6.0%22.2%7.3%16.0%5.4%
5 Yearn/a36.5%7.3%33.5%13.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Galaxy Digital Holdings undervalued compared to its fair value and its price relative to the market?

0.48x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GLXY's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GLXY's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: GLXY 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 GLXY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GLXY is good value based on its PB Ratio (0.5x) compared to the CA Capital Markets industry average (0.9x).


Next Steps

Future Growth

How is Galaxy Digital Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

5.6%

Forecasted Diversified Financials industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if GLXY's forecast earnings growth is above the savings rate (1.9%).

Earnings vs Market: Insufficient data to determine if GLXY's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if GLXY's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: Insufficient data to determine if GLXY's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Galaxy Digital Holdings performed over the past 5 years?

-101.7%

Historical annual earnings growth


Earnings and Revenue History

Information is not available.

Information is not available.


Past Earnings Growth Analysis

Earnings Trend: GLXY is unprofitable, and losses have increased over the past 5 years at a rate of -101.7% per year.

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

Earnings vs Industry: GLXY is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (5.4%).


Return on Equity

High ROE: GLXY has a negative Return on Equity (-17.93%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Galaxy Digital Holdings's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


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: GLXY has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GLXY has less than a year of cash runway if free cash flow continues to reduce at historical rates of -37.6% each year


Financial Institutions Analysis

Asset Level: GLXY's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if GLXY has a sufficient allowance for bad loans.

Low Risk Liabilities: GLXY reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if GLXY has an acceptable proportion of non-loan assets held.

Low Risk Deposits: GLXY has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if GLXY has an appropriate level of bad loans.


Next Steps

Dividend

What is Galaxy Digital Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.7%industryaverage4.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if GLXY'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 GLXY's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of Galaxy Digital Holdings's salary, the management and board of directors tenure and is there insider trading?


CEO

Galaxy Digital Holdings has no CEO, or we have no data on them.


Insider Trading

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


Ownership Breakdown

Information is not available.


Management Team


    Board Members

      Company Information

      Galaxy Digital Holdings Ltd.'s company bio, employee growth, exchange listings and data sources


      Key Information

      • Name: Galaxy Digital Holdings Ltd.
      • Ticker: GLXY
      • Exchange: TSXV
      • Founded:
      • Industry: Asset Management and Custody Banks
      • Sector: Diversified Financials
      • Market Cap: CA$134.524m
      • Shares outstanding: 66.93m
      • Website: https://www.galaxydigital.io

      Location

      • Galaxy Digital Holdings Ltd.
      • 107 Grand Street
      • New York
      • New York
      • 10013
      • United States

      Listings

      TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
      GLXYTSXV (TSX Venture Exchange)YesCommon SharesCACADFeb 2006
      BRPH.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 2006
      GLXYTSXV (TSX Venture Exchange)New Common SharesCACADFeb 2006
      BRPH.FOTCPK (Pink Sheets LLC)New Common SharesUSUSDFeb 2006
      7LXMUN (Boerse Muenchen)New Common SharesDEEURFeb 2006
      7LXDB (Deutsche Boerse AG)New Common SharesDEEURFeb 2006
      7LXDB (Deutsche Boerse AG)YesCommon SharesDEEURFeb 2006

      Biography

      Galaxy Digital Holdings Ltd., an asset management firm, operates in the digital assets and blockchain technology industry. The company operates in four business lines, which include Trading, Asset Manageme ...


      Company Analysis and Financial Data Status

      All financial data provided by Standard & Poor's Capital IQ.
      DataLast Updated (UTC time)
      Company Analysis2019/06/14 00:05
      End of Day Share Price2019/06/13 00:00
      Earnings2018/12/31
      Annual Earnings2018/12/31


      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.