Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Skychain Technologies. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Skychain Technologies's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Skychain Technologies 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Tech industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Skychain Technologies's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Skychain Technologies's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Skychain Technologies's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Skychain Technologies is high growth as no earnings estimate data is available.
Unable to determine if Skychain Technologies is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Skychain Technologies's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Skychain Technologies's finances.
The net worth of a company is the difference between its assets and liabilities.
Skychain Technologies's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Skychain Technologies's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Skychain Technologies's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Skychain Technologies has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Ningtao Zhang also known as Bill, has been President and CEO at Vling E-Business Ltd. since 2015. He served as IT Manager at SCS Steel Containers System Inc. from 2009 to 2014. He has been Director at Green Valley Mine Inc. since February 07, 2018.
Insufficient data for Bill to compare compensation growth.
Insufficient data for Bill to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Skychain Technologies management team is less than 2 years, this suggests a new team.
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Skychain Technologies board of directors is less than 3 years, this suggests a new board.
What Kind Of Share Price Volatility Should You Expect For Skychain Technologies Inc. (CVE:SCT)?
Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … What this means for you: Since Skychain Technologies tends to moves up when the market is going up, and down when it's going down, potential investors may wish to reflect on the overall market, when considering the stock.
How Much Of Skychain Technologies Inc. (CVE:SCT) Do Insiders Own?
Generally speaking, as a company grows, institutions will increase their ownership. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … Skychain Technologies is not a large company by global standards.
Should You Be Worried About Insider Transactions At Skychain Technologies Inc. (CVE:SCT)?
That means that even when the share price was below the current price of CA$0.055, an insider wanted to cash in some shares. … We generally consider it a negative if insiders have been selling on market, especially if they did so below the current price. … In total, Skychain Technologies insiders sold more than they bought over the last year.
Skychain Technologies Inc. provides blockchain infrastructure services and power solutions to its clients working within the industry space. The company provides MiningSky 8-GPU Mining Rig, a GPU-based miner to mine Ethereum and other cryptocurrencies. It also offers warehouse space, low-cost electricity, and maintenance and hosting services. The company was formerly known as Green Valley Mine Incorporated and changed its name to Skychain Technologies Inc. in September 2018. Skychain Technologies Inc. was incorporated in 1977 and is based in Vancouver, Canada.
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