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CSTR

CryptoStar TSXV:CSTR Stock Report

Last Price

CA$0.05

Market Cap

CA$21.5m

7D

-16.7%

1Y

-76.2%

Updated

16 May, 2022

Data

Company Financials +
CSTR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

CSTR Stock Overview

CryptoStar Corp. engages in cryptocurrency mining operations with data centers in Canada and the United States.

CryptoStar Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CryptoStar
Historical stock prices
Current Share PriceCA$0.05
52 Week HighCA$0.26
52 Week LowCA$0.05
Beta3.35
1 Month Change-44.44%
3 Month Change-52.38%
1 Year Change-76.19%
3 Year Change42.86%
5 Year Changen/a
Change since IPO-23.08%

Recent News & Updates

Jan 07
Is CryptoStar (CVE:CSTR) Using Debt Sensibly?

Is CryptoStar (CVE:CSTR) Using Debt Sensibly?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Sep 09
Is CryptoStar (CVE:CSTR) A Risky Investment?

Is CryptoStar (CVE:CSTR) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Shareholder Returns

CSTRCA ITCA Market
7D-16.7%0.8%0.8%
1Y-76.2%-13.0%4.3%

Return vs Industry: CSTR underperformed the Canadian IT industry which returned -13% over the past year.

Return vs Market: CSTR underperformed the Canadian Market which returned 4.2% over the past year.

Price Volatility

Is CSTR's price volatile compared to industry and market?
CSTR volatility
CSTR Average Weekly Movement11.4%
IT Industry Average Movement11.8%
Market Average Movement9.7%
10% most volatile stocks in CA Market16.6%
10% least volatile stocks in CA Market4.2%

Stable Share Price: CSTR is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: CSTR's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aDavid Jellinshttps://cryptostar.com

CryptoStar Corp. engages in cryptocurrency mining operations with data centers in Canada and the United States. It engages in mining digital currencies business. The company is headquartered in Toronto, Canada.

CryptoStar Fundamentals Summary

How do CryptoStar's earnings and revenue compare to its market cap?
CSTR fundamental statistics
Market CapUS$16.62m
Earnings (TTM)-US$3.46m
Revenue (TTM)US$4.74m

3.5x

P/S Ratio

-4.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CSTR income statement (TTM)
RevenueUS$4.74m
Cost of RevenueUS$465.07k
Gross ProfitUS$4.28m
Other ExpensesUS$7.74m
Earnings-US$3.46m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0081
Gross Margin90.19%
Net Profit Margin-73.04%
Debt/Equity Ratio0%

How did CSTR perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


0.56x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CSTR's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate CSTR's fair value for valuation analysis.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: CSTR is good value based on its PB Ratio (0.6x) compared to the CA IT industry average (1.8x).


Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


20.3%

Forecasted Software industry annual growth in earnings

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if CSTR's forecast earnings growth is above the savings rate (1.6%).

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

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


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CSTR's Return on Equity is forecast to be high in 3 years time


Past Performance

How has CryptoStar performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-12.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CSTR is currently unprofitable.

Growing Profit Margin: CSTR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CSTR is unprofitable, and losses have increased over the past 5 years at a rate of 12.3% per year.

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

Earnings vs Industry: CSTR is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (21.9%).


Return on Equity

High ROE: CSTR has a negative Return on Equity (-11.75%), as it is currently unprofitable.


Financial Health

How is CryptoStar's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: CSTR's short term assets ($15.3M) exceed its short term liabilities ($5.3M).

Long Term Liabilities: CSTR's short term assets ($15.3M) exceed its long term liabilities ($1.9M).


Debt to Equity History and Analysis

Debt Level: CSTR is debt free.

Reducing Debt: CSTR currently has no debt however we can't compare to 5 years ago as we have no data for that period.


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

Forecast Cash Runway: CSTR has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.2% each year.


Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CSTR has not reported any payouts.


Next Steps

Management

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

3.7yrs

Average management tenure


CEO

David Jellins

3.67yrs

Tenure

US$37,339

Compensation

Mr. David Simon Jellins serves as President, Chief Executive Officer and Director at CryptoStar Corp since September 26, 2018. Mr. Jellins is also currently a Director of Adrenaline Pty Ltd having previous...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD37.34K) is below average for companies of similar size in the Canadian market ($USD168.45K).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CSTR's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: CSTR's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.2%.


Top Shareholders

Company Information

CryptoStar Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: CryptoStar Corp.
  • Ticker: CSTR
  • Exchange: TSXV
  • Founded: NaN
  • Industry: Internet Services and Infrastructure
  • Sector: Software
  • Implied Market Cap: CA$21.451m
  • Shares outstanding: 429.02m
  • Website: https://cryptostar.com

Location

  • CryptoStar Corp.
  • 181 Bay Street
  • Suite 4400
  • Toronto
  • Ontario
  • M5J 2T3
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/16 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.