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BIGG Digital Assets

Market Cap

CA$458.2m

Last Updated

2021/05/07 03:39 UTC

Data Sources

Company Financials

Executive Summary

BIGG Digital Assets Inc. operates in the digital assets and blockchain technology industry. More Details


Snowflake Analysis

Adequate balance sheet with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: BIGG is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 25% a week.

Volatility Over Time: BIGG's weekly volatility (25%) has been stable over the past year, but is still higher than 75% of Canadian stocks.


Market Performance


7 Day Return

-22.0%

BIGG

-4.8%

CA Software

0.8%

CA Market


1 Year Return

2,387.5%

BIGG

46.8%

CA Software

37.1%

CA Market

Return vs Industry: BIGG exceeded the Canadian Software industry which returned 46.8% over the past year.

Return vs Market: BIGG exceeded the Canadian Market which returned 37.1% over the past year.


Shareholder returns

BIGGIndustryMarket
7 Day-22.0%-4.8%0.8%
30 Day-38.8%-4.8%1.4%
90 Day206.2%-4.0%7.6%
1 Year2,387.5%2,387.5%53.3%46.8%41.5%37.1%
3 Year437.8%437.8%70.8%61.1%29.5%17.1%
5 Yearn/a200.1%180.7%58.9%35.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is BIGG Digital Assets undervalued compared to its fair value and its price relative to the market?

45.15x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: BIGG is overvalued based on its PB Ratio (45.2x) compared to the CA Software industry average (7.5x).


Future Growth

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

31.8%

Forecasted Software 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 BIGG Digital Assets 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.


Past Performance

How has BIGG Digital Assets performed over the past 5 years?

-15.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BIGG is currently unprofitable.

Growing Profit Margin: BIGG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BIGG is unprofitable, and losses have increased over the past 5 years at a rate of 15.9% per year.

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

Earnings vs Industry: BIGG is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (37.2%).


Return on Equity

High ROE: BIGG has a negative Return on Equity (-74.97%), as it is currently unprofitable.


Financial Health

How is BIGG Digital Assets's financial position?


Financial Position Analysis

Short Term Liabilities: BIGG's short term assets (CA$5.5M) exceed its short term liabilities (CA$2.6M).

Long Term Liabilities: BIGG has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BIGG is debt free.

Reducing Debt: BIGG had no debt 5 years ago.


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

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


Dividend

What is BIGG Digital Assets's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate BIGG'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 BIGG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BIGG'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 BIGG'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?

2.5yrs

Average management tenure


CEO

Mark Binns

1.75yrs

Tenure

CA$173,333

Compensation

Mr. Mark Binns has been the Chief Executive Officer and Director of BIGG Digital Assets Inc. (also known as BIG Blockchain Intelligence Group Inc) since August 8, 2019. Mr. Binns served as President and Ch...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD142.13K) is below average for companies of similar size in the Canadian market ($USD757.11K).

Compensation vs Earnings: Insufficient data to compare Mark's compensation with company performance.


Leadership Team

Experienced Management: BIGG's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: BIGG's board of directors are considered experienced (3.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: BIGG insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 67.4%.


Top Shareholders

Company Information

BIGG Digital Assets Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BIGG Digital Assets Inc.
  • Ticker: BIGG
  • Exchange: CNSX
  • Founded: NaN
  • Industry: Application Software
  • Sector: Software
  • Market Cap: CA$458.201m
  • Shares outstanding: 230.25m
  • Website: https://www.biggdigitalassets.com

Location

  • BIGG Digital Assets Inc.
  • 1199 West Pender Street
  • Suite 410
  • Vancouver
  • British Columbia
  • V6E 2R1
  • Canada

Listings


Biography

BIGG Digital Assets Inc. operates in the digital assets and blockchain technology industry. It has two segments, Blockchain Technology Development and Digital Currency Sales Brokerage. The company develops...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 03:39
End of Day Share Price2021/05/06 00:00
Earnings2020/09/30
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.