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Global Blockchain Mining

DB:3GB
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
3GB
DB
CA$11M
Market Cap
  1. Home
  2. DE
  3. Software
Company description

Global Blockchain Mining Corp., a technology company, engages in the mining of crypto currencies. The last earnings update was 262 days ago. More info.


Add to Portfolio Compare Print
  • Global Blockchain Mining has significant price volatility in the past 3 months.
3GB Share Price and Events
7 Day Returns
9.1%
DB:3GB
3%
DE Software
-0.2%
DE Market
1 Year Returns
-
DB:3GB
17.9%
DE Software
-10.4%
DE Market
3GB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Global Blockchain Mining (3GB) 9.1% 0% 300% - - -
DE Software 3% 13.7% 21.3% 17.9% 67.2% 114.6%
DE Market -0.2% -2.1% 4.2% -10.4% 11.1% 10.6%
1 Year Return vs Industry and Market
  • No trading data on 3GB.
  • No trading data on 3GB.
Price Volatility
Industry
5yr Volatility vs Market

3GB Value

 Is Global Blockchain Mining undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Global Blockchain Mining. This is due to cash flow or dividend data being unavailable. The share price is €0.012.
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 Global Blockchain Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Global Blockchain Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:3GB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-04-30) in CAD Not available
CNSX:FORK Share Price ** CNSX (2019-05-17) in CAD CA$0.02
Germany Software Industry PE Ratio Median Figure of 20 Publicly-Listed Software Companies 37.75x
Germany Market PE Ratio Median Figure of 426 Publicly-Listed Companies 20.24x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Global Blockchain Mining.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to compare the PE ratio to the industry average as no data exists.
  • Unable to calculate PE ratio for Global Blockchain Mining, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Global Blockchain Mining's expected growth come at a high price?
Raw Data
DB:3GB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Software Industry PEG Ratio Median Figure of 16 Publicly-Listed Software Companies 2.13x
Germany Market PEG Ratio Median Figure of 277 Publicly-Listed Companies 1.51x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Global Blockchain Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Global Blockchain Mining's assets?
Raw Data
DB:3GB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-04-30) in CAD Not available
CNSX:FORK Share Price * CNSX (2019-05-17) in CAD CA$0.02
Germany Software Industry PB Ratio Median Figure of 34 Publicly-Listed Software Companies 2.77x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.79x
DB:3GB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:FORK Share Price ÷ Book Value per Share (both in CAD)

= 0.02 ÷ 0.07

0.3x

* Primary Listing of Global Blockchain Mining.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Global Blockchain Mining is good value based on assets compared to the DE Software industry average.
X
Value checks
We assess Global Blockchain Mining's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Global Blockchain Mining has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

3GB Future Performance

 How is Global Blockchain Mining expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Global Blockchain Mining 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 growth 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 it right!
Annual Growth Rate
22.8%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Global Blockchain Mining expected to grow at an attractive rate?
  • Unable to compare Global Blockchain Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Global Blockchain Mining's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Global Blockchain Mining's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:3GB Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Software Industry Earnings Growth Rate Market Cap Weighted Average 22.8%
Germany Software Industry Revenue Growth Rate Market Cap Weighted Average 7.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:3GB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:3GB Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-04-30 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Global Blockchain Mining is high growth as no earnings estimate data is available.
  • Unable to determine if Global Blockchain Mining 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.
Raw Data
DB:3GB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Global Blockchain Mining Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:3GB Past Financials Data
Date (Data in CAD Millions) EPS *
2018-04-30

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Global Blockchain Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Global Blockchain Mining's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Global Blockchain Mining's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  3. Global Blockchain Mining's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Global Blockchain Mining's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Global Blockchain Mining has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

3GB Past Performance

  How has Global Blockchain Mining performed over the past 5 years?

  • Global Blockchain Mining's last earnings update was 262 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Global Blockchain Mining's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Global Blockchain Mining does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Global Blockchain Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Global Blockchain Mining's 1-year growth to the DE Software industry average as it is not currently profitable.
Earnings and Revenue History
Global Blockchain Mining's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Global Blockchain Mining Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:3GB Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-04-30 -0.03 0.03

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Global Blockchain Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Global Blockchain Mining has efficiently used its assets last year compared to the DE Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Global Blockchain Mining improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Global Blockchain Mining's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Global Blockchain Mining 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.

Full details on the Past part of the Simply Wall St company analysis model.

3GB Health

 How is Global Blockchain Mining's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Global Blockchain Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Global Blockchain Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Global Blockchain Mining has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Global Blockchain Mining'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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Global Blockchain Mining has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Global Blockchain Mining Company Filings, last reported 1 year ago.

DB:3GB Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-04-30 23.06 0.00 0.01
  • Global Blockchain Mining has no debt.
  • Global Blockchain Mining has not taken on any debt in the past 5 years.
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.

  • Information is not available.
  • Unable to confirm if Global Blockchain Mining has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Global Blockchain Mining's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Global Blockchain Mining has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

3GB Dividends

 What is Global Blockchain Mining's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Global Blockchain Mining dividends.
If you bought €2,000 of Global Blockchain Mining shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Global Blockchain Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Global Blockchain Mining's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:3GB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Software Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 1.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Global Blockchain Mining has not reported any payouts.
  • Unable to verify if Global Blockchain Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Global Blockchain Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Global Blockchain Mining has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Global Blockchain Mining's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Global Blockchain Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Global Blockchain Mining has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

3GB Management

 What is the CEO of Global Blockchain Mining's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Shidan Gouran
TENURE AS CEO 1.1 years
CEO Bio

Mr. Shidan Gouran served as the President of Global Blockchain Technologies Corp. from October 2017 to April 25, 2019 and served as its Chief Executive Officer. Mr. Gouran is a Serial Entrepreneur, who founded Nuovotel, one of the first and largest wholesale VoIP service providers of its time, Jazinga, developers of an award winning unified communications system and Home Jinni, developers of the first Android based Smart TV platform. He is an Investor in and Advisor to a number of financial technology and blockchain startups. He is the Chief Executive Officer and President at Global Blockchain Mining Corp. from April 20, 2018. He mined his first Bitcoin in early 2010 and has been involved with Cryptocurrencies ever since. Mr. Gouran studied Pure Mathematics and Theoretical Physics at the University of Western Ontario.

CEO Compensation
  • Insufficient data for Shidan to compare compensation growth.
  • Insufficient data for Shidan to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

Shidan Gouran

TITLE
CEO & President
TENURE
1.1 yrs

Theo van der Linde

TITLE
CFO & Director
AGE
44
TENURE
1.5 yrs
Board of Directors Tenure

Average tenure of the Global Blockchain Mining board of directors in years:

1.3
Average Tenure
  • The average tenure for the Global Blockchain Mining board of directors is less than 3 years, this suggests a new board.
Board of Directors

Theo van der Linde

TITLE
CFO & Director
AGE
44
TENURE
1.5 yrs

Steve Nerayoff

TITLE
Director
TENURE
1.3 yrs

Brendan Purdy

TITLE
Director
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Global Blockchain Mining's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Global Blockchain Mining has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

3GB News

Simply Wall St News

3GB Company Info

Description

Global Blockchain Mining Corp., a technology company, engages in the mining of crypto currencies. The company was incorporated in 2017 and is based in Vancouver, Canada.

Details
Name: Global Blockchain Mining Corp.
3GB
Exchange: DB
Founded: 2017
CA$7,318,888
549,708,933
Website: http://www.forkcse.com
Address: Global Blockchain Mining Corp.
789 West Pender Street,
Suite 810,
Vancouver,
British Columbia, V6C 1H2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX FORK Common Stock Canadian National Stock Exchange CA CAD 18. Jul 2018
OTCPK GBCH.F Common Stock Pink Sheets LLC US USD 18. Jul 2018
DB 3GB Common Stock Deutsche Boerse AG DE EUR 18. Jul 2018
BST 3GB Common Stock Boerse-Stuttgart DE EUR 18. Jul 2018
Number of employees
Current staff
Staff numbers
0
Global Blockchain Mining employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/18 23:22
End of day share price update: 2019/05/17 00:00
Last earnings filing: 2018/08/29
Last earnings reported: 2018/04/30
Last annual earnings reported: 2018/04/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.