LSE:BLOC

Stock Analysis Report

Executive Summary

Blockchain Worldwide plc offers digital networked database system of ledgers that record various data or transaction.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Share Price & News

How has Blockchain Worldwide's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

BLOC

4.1%

GB Software

-0.4%

GB Market


1 Year Return

-30.0%

BLOC

6.6%

GB Software

2.9%

GB Market


Shareholder returns

BLOCIndustryMarket
7 Day0%4.1%-0.4%
30 Day0%2.1%-1.4%
90 Day0%-9.3%-2.1%
1 Year-30.0%-30.0%12.7%6.6%8.0%2.9%
3 Yearn/a6.6%-11.0%18.0%3.6%
5 Yearn/a69.3%35.6%35.8%6.4%

Price Volatility Vs. Market

How volatile is Blockchain Worldwide's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

1.06x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: BLOC is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BLOC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BLOC is good value based on its PB Ratio (1.1x) compared to the GB Software industry average (3.1x).


Next Steps

Future Growth

How is Blockchain Worldwide forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

30.8%

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 BLOC's forecast earnings growth is above the savings rate (1.2%).

Earnings vs Market: Insufficient data to determine if BLOC's earnings are forecast to grow faster than the UK 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 BLOC's revenue is forecast to grow faster than the UK market.

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


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Blockchain Worldwide performed over the past 5 years?

13.4%

Historical Software annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if BLOC's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

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

Earnings vs Industry: BLOC is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (7%).


Return on Equity

High ROE: BLOC has a negative Return on Equity (-18.73%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: BLOC is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: BLOC is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Blockchain Worldwide's financial position?


Financial Position Analysis

Short Term Liabilities: BLOC's short term assets (£1.2M) exceeds its short term liabilities (£6.0K)

Long Term Liabilities: BLOC has no long term liabilities


Debt to Equity History and Analysis

Debt Level: BLOC is debt free.

Reducing Debt: BLOC has not had any debt for past 5 years.


Balance Sheet

Information is not available.

Information is not available.


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: BLOC has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: BLOC has sufficient cash runway for 2.017183 years if free cash flow continues to reduce at historical rates of -299% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.4%industryaverage2.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate BLOC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if BLOC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BLOC'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 BLOC's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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


CEO

Rodger Sargent (47yo)

0yrs

Tenure

0

Mr. Rodger David Sargent serves as the Chief Executive Officer of Blockchain Worldwide plc and has been its Director and Secretary since February 15, 2017. Mr. Sargent has been the founder and finance dire ...


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Rodger Sargent (47yo)

    CEO, Secretary & Director

    • Tenure: 0yrs

Board Members

  • Rodger Sargent (47yo)

    CEO, Secretary & Director

    • Tenure: 0yrs
  • Jon Hale (46yo)

    Chairman of the Board

    • Tenure: 0yrs

Company Information

Blockchain Worldwide plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Blockchain Worldwide plc
  • Ticker: BLOC
  • Exchange: LSE
  • Founded: 2017
  • Industry: Application Software
  • Sector: Software
  • Market Cap: UK£1.278m
  • Shares outstanding: 36.50m
  • Website: https://www.bloc-worldwide.com

Number of Employees


Location

  • Blockchain Worldwide plc
  • 43-44 Albemarle Street
  • 4th Floor
  • London
  • Greater London
  • W1S 4JJ
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BLOCLSE (London Stock Exchange)YesOrdinary SharesGBGBPSep 2017

Biography

Blockchain Worldwide plc offers digital networked database system of ledgers that record various data or transaction. It serves data, banking, gaming, communication, and other industries. The company was f ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 22:15
End of Day Share Price2019/05/23 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.