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CBLU

Clear Blue Technologies International TSXV:CBLU Stock Report

Last Price

CA$0.12

Market Cap

CA$9.3m

7D

20.0%

1Y

-58.6%

Updated

01 Oct, 2022

Data

Company Financials
CBLU fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

CBLU Stock 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.

Clear Blue Technologies International Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Clear Blue Technologies International
Historical stock prices
Current Share PriceCA$0.12
52 Week HighCA$0.33
52 Week LowCA$0.095
Beta3.06
1 Month Change0%
3 Month Change0%
1 Year Change-58.62%
3 Year Change-31.43%
5 Year Changen/a
Change since IPO-80.95%

Recent News & Updates

Shareholder Returns

CBLUCA Renewable EnergyCA Market
7D20.0%-6.4%-0.008%
1Y-58.6%-5.0%-6.6%

Return vs Industry: CBLU underperformed the Canadian Renewable Energy industry which returned -5% over the past year.

Return vs Market: CBLU underperformed the Canadian Market which returned -6.6% over the past year.

Price Volatility

Is CBLU's price volatile compared to industry and market?
CBLU volatility
CBLU Average Weekly Movement13.4%
Renewable Energy Industry Average Movement3.9%
Market Average Movement9.9%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.8%

Stable Share Price: CBLU is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: CBLU's weekly volatility (13%) has been stable 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 streetlights, security systems, telecommunications systems, emergency power, satellite Wi-Fi, and Internet of Things (IoT) devices. It offers Illumient smart off-grid lighting solutions; Nano-Grid power solutions; and Pico-grid power solutions.

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$9.26m
Earnings (TTM)-CA$5.06m
Revenue (TTM)CA$5.89m

1.6x

P/S Ratio

-1.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CBLU income statement (TTM)
RevenueCA$5.89m
Cost of RevenueCA$4.15m
Gross ProfitCA$1.73m
Other ExpensesCA$6.79m
Earnings-CA$5.06m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.066
Gross Margin29.44%
Net Profit Margin-85.90%
Debt/Equity Ratio-550.1%

How did CBLU perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is CBLU undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CBLU?

Other financial metrics that can be useful for relative valuation.

CBLU key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.9x
Enterprise Value/EBITDA-4.2x
PEG Ration/a

Price to Sales Ratio vs Peers

How does CBLU's PS Ratio compare to its peers?

CBLU PS Ratio vs Peers
The above table shows the PS ratio for CBLU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average3.2x
SXI Synex Renewable Energy
3.5xn/aCA$11.7m
MXG Maxim Power
1.2xn/aCA$202.9m
SOLR Solar Alliance Energy
7.9xn/aCA$26.1m
JE.H Just Energy Group
0.003xn/aCA$10.6m
CBLU Clear Blue Technologies International
1.6xn/aCA$9.3m

Price-To-Sales vs Peers: CBLU is good value based on its Price-To-Sales Ratio (1.6x) compared to the peer average (3.2x).


Price to Earnings Ratio vs Industry

How does CBLU's PE Ratio compare vs other companies in the CA Renewable Energy Industry?

Price-To-Sales vs Industry: CBLU is good value based on its Price-To-Sales Ratio (1.6x) compared to the North American Renewable Energy industry average (3.4x)


Price to Sales Ratio vs Fair Ratio

What is CBLU's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CBLU PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.6x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate CBLU's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of CBLU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

  • Take a look at our analysis of CBLU's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Clear Blue Technologies International regulatory filings.

Future Growth

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

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


2.2%

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.


Discover growth companies

  • Take a look at our analysis of CBLU’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Clear Blue Technologies International competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Clear Blue Technologies International 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


8.0%

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, but has reduced losses over the past 5 years at a rate of 8% 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 (-26.7%).


Return on Equity

High ROE: CBLU's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Discover strong past performing companies

Financial Health

How is Clear Blue Technologies International's financial position?

Financial Health Score

0/6

Financial Health Score 0/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: CBLU has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: CBLU has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: CBLU has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: CBLU's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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 reduce at historical rates of 6.7% each year


Discover healthy companies

Dividend

What is Clear Blue Technologies International 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

  • Cash Flow Coverage

Dividend Yield vs Market

Clear Blue Technologies International Dividend Yield vs Market
How does Clear Blue Technologies International dividend yield compare to the market?
SegmentDividend Yield
Company (Clear Blue Technologies International)n/a
Market Bottom 25% (CA)2.0%
Market Top 25% (CA)6.1%
Industry Average (Renewable Energy)3.8%
Analyst forecast in 3 Years (Clear Blue Technologies International)n/a

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.


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 CBLU has not reported any payouts.


Discover strong dividend paying companies

Management

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

7.5yrs

Average management tenure


CEO

Miriam Tuerk (59 yo)

4.17yrs

Tenure

CA$175,493

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

Miriam Tuerk's Compensation vs Clear Blue Technologies International Earnings
How has Miriam Tuerk's remuneration changed compared to Clear Blue Technologies International's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

-CA$5m

Mar 31 2022n/an/a

-CA$4m

Dec 31 2021CA$175kCA$175k

-CA$3m

Sep 30 2021n/an/a

-CA$3m

Jun 30 2021n/an/a

-CA$4m

Mar 31 2021n/an/a

-CA$3m

Dec 31 2020CA$141kCA$141k

-CA$4m

Sep 30 2020n/an/a

-CA$4m

Jun 30 2020n/an/a

-CA$4m

Mar 31 2020n/an/a

-CA$5m

Dec 31 2019CA$197kCA$169k

-CA$5m

Sep 30 2019n/an/a

-CA$8m

Jun 30 2019n/an/a

-CA$9m

Mar 31 2019n/an/a

-CA$9m

Dec 31 2018CA$197kCA$169k

-CA$8m

Sep 30 2018n/an/a

-CA$4m

Jun 30 2018n/an/a

-CA$4m

Mar 31 2018n/an/a

-CA$4m

Dec 31 2017CA$161kCA$140k

-CA$3m

Dec 31 2016CA$246kCA$120k

-CA$2m

Compensation vs Market: Miriam's total compensation ($USD127.82K) is about average for companies of similar size in the Canadian market ($USD176.17K).

Compensation vs Earnings: Miriam's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: CBLU's management team is seasoned and experienced (7.5 years average tenure).


Board Members

Experienced Board: CBLU's board of directors are considered experienced (4.2 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: CBLU insiders have only sold shares in the past 3 months.


Recent Insider Transactions

TSXV:CBLU Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
04 Jul 22SellCA$31,250John TuerkIndividual250,000CA$0.12

Ownership Breakdown

What is the ownership structure of CBLU?
Owner TypeNumber of SharesOwnership Percentage
Private Companies4,742,1366.1%
Individual Insiders7,507,3179.7%
General Public64,904,55684.1%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.3%.


Top Shareholders

Top 9 shareholders own 15.88% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
6.15%
2051912 Ontario Ltd.
4,742,136CA$569.1k0%no data
4.94%
Mark Windrim
3,814,082CA$457.7k2.89%no data
1.52%
Miriam Tuerk
1,170,358CA$140.4k10.08%no data
1.16%
Paul Desjardins
897,463CA$107.7k13.56%no data
1.02%
John Tuerk
786,215CA$94.3k-24.13%no data
0.6%
Jason Woerner
463,060CA$55.6k30.1%no data
0.29%
Steven Parry
226,600CA$27.2k0%no data
0.14%
Farrukh Anwar
105,259CA$12.6k11.3%no data
0.057%
Jane Kearns
44,280CA$5.3k0%no data

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
  • Implied Market Cap: CA$9.258m
  • Shares outstanding: 77.15m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CBLUTSXV (TSX Venture Exchange)YesCommon SharesCACADJul 2018
0YADB (Deutsche Boerse AG)YesCommon SharesDEEURJul 2018
CBUT.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 2018

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/01 00:00
End of Day Share Price2022/09/29 00:00
Earnings2022/06/30
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.