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CBLU

Clear Blue Technologies InternationalTSXV:CBLU Stock Report

Market Cap

CA$19.7m

7D

5.3%

1Y

106.9%

Updated

23 Sep, 2021

Data

Company Financials
CBLU fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

CBLU Overview

Clear Blue Technologies International Inc., a smart off-grid company, develops and sells off-grid power solutions to the power, control, monitor, manage, and service solar and hybrid power systems in Canada, the United States, the Middle East, Africa, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Clear Blue Technologies International
Historical stock prices
Current Share PriceCA$0.30
52 Week HighCA$0.14
52 Week LowCA$0.80
Beta3.35
1 Month Change-13.04%
3 Month Change-14.29%
1 Year Change106.90%
3 Year Change-42.31%
5 Year Changen/a
Change since IPO-52.38%

Recent News & Updates

Jul 30
We Think Clear Blue Technologies International (CVE:CBLU) Has A Fair Chunk Of Debt

We Think Clear Blue Technologies International (CVE:CBLU) Has A Fair Chunk Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Mar 20
We Think Clear Blue Technologies International (CVE:CBLU) Has A Fair Chunk Of Debt

We Think Clear Blue Technologies International (CVE:CBLU) Has A Fair Chunk Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

CBLUCA Renewable EnergyCA Market
7D5.3%-0.4%-1.0%
1Y106.9%18.2%31.4%

Return vs Industry: CBLU exceeded the Canadian Renewable Energy industry which returned 20% over the past year.

Return vs Market: CBLU exceeded the Canadian Market which returned 32.3% over the past year.

Price Volatility

Is CBLU's price volatile compared to industry and market?
CBLU volatility
CBLU Beta3.35
Industry Beta0.62
Market Beta1

Stable Share Price: CBLU is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: CBLU's weekly volatility has decreased from 18% to 10% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014n/aMiriam Tuerkhttps://www.clearbluetechnologies.com

Clear Blue Technologies International Inc., a smart off-grid company, develops and sells off-grid power solutions to the power, control, monitor, manage, and service solar and hybrid power systems in Canada, the United States, the Middle East, Africa, and internationally. The company’s products are used in street lights, security systems, telecommunications systems, emergency power, and Internet of Things (IoT) devices. It offers solar and wind controllers, telecom solar power systems, illumience cloud controls, Nano-grid power packs, IoT devices, and other mission-critical systems; and solar and wind-powered outdoor lighting systems under the Illumient brand.

Clear Blue Technologies International Fundamentals Summary

How do Clear Blue Technologies International's earnings and revenue compare to its market cap?
CBLU fundamental statistics
Market CapCA$19.73m
Earnings (TTM)-CA$3.58m
Revenue (TTM)CA$7.71m

2.6x

P/S Ratio

-5.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CBLU income statement (TTM)
RevenueCA$7.71m
Cost of RevenueCA$5.64m
Gross ProfitCA$2.08m
ExpensesCA$5.65m
Earnings-CA$3.58m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.063
Gross Margin26.95%
Net Profit Margin-46.35%
Debt/Equity Ratio674.5%

How did CBLU perform over the long term?

See historical performance and comparison

Valuation

Is Clear Blue Technologies International undervalued compared to its fair value and its price relative to the market?

33.78x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: CBLU is overvalued based on its PB Ratio (33.8x) compared to the CA Renewable Energy industry average (2.3x).


Future Growth

How is Clear Blue Technologies International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

59.7%

Forecasted Utilities 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 Clear Blue Technologies International 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 Clear Blue Technologies International performed over the past 5 years?

-1.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CBLU is currently unprofitable.

Growing Profit Margin: CBLU is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CBLU is unprofitable, and losses have increased over the past 5 years at a rate of 1% per year.

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

Earnings vs Industry: CBLU is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-25.1%).


Return on Equity

High ROE: CBLU has a negative Return on Equity (-611.79%), as it is currently unprofitable.


Financial Health

How is Clear Blue Technologies International's financial position?


Financial Position Analysis

Short Term Liabilities: CBLU's short term assets (CA$5.7M) exceed its short term liabilities (CA$3.0M).

Long Term Liabilities: CBLU's short term assets (CA$5.7M) exceed its long term liabilities (CA$3.9M).


Debt to Equity History and Analysis

Debt Level: CBLU's debt to equity ratio (674.5%) is considered high.

Reducing Debt: Insufficient data to determine if CBLU's debt to equity ratio has reduced over the past 5 years.


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

Forecast Cash Runway: CBLU has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.5% each year.


Dividend

What is Clear Blue Technologies International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

10.0yrs

Average management tenure


CEO

Miriam Tuerk (58 yo)

10yrs

Tenure

CA$141,250

Compensation

Mrs. Miriam G. Tuerk co-founded Clear Blue Technologies International Inc. in September 2011 and serves as its Chief Executive Officer since September 2011 and served as its Chief Operating Officer. Mrs. T...


CEO Compensation Analysis

Compensation vs Market: Miriam's total compensation ($USD111.47K) is below average for companies of similar size in the Canadian market ($USD161.20K).

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


Leadership Team

Experienced Management: CBLU's management team is seasoned and experienced (10 years average tenure).


Board Members

Experienced Board: CBLU's board of directors are considered experienced (3.2 years average tenure).


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 been diluted in the past year, with total shares outstanding growing by 33%.


Top Shareholders

Company Information

Clear Blue Technologies International Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Clear Blue Technologies International Inc.
  • Ticker: CBLU
  • Exchange: TSXV
  • Founded: 2014
  • Industry: Independent Power Producers and Energy Traders
  • Sector: Utilities
  • Market Cap: CA$19.730m
  • Shares outstanding: 65.77m
  • Website: https://www.clearbluetechnologies.com

Number of Employees


Location

  • Clear Blue Technologies International Inc.
  • 30 Lesmill Road
  • Unit #7
  • Toronto
  • Ontario
  • M3B 2T6
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 23:07
End of Day Share Price2021/09/23 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.