OTCPK:FCIC

Stock Analysis Report

Executive Summary

FCCC, Inc. does not have significant operations.

Snowflake

Fundamentals

Worrying balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-32.0%

FCIC

2.6%

US Mortgage

0.07%

US Market


1 Year Return

6.2%

FCIC

20.8%

US Mortgage

8.9%

US Market

Return vs Industry: FCIC underperformed the US Mortgage industry which returned 20.8% over the past year.

Return vs Market: FCIC underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

FCICIndustryMarket
7 Day-32.0%2.6%0.07%
30 Day-32.0%2.7%-0.3%
90 Day-19.4%5.8%-1.6%
1 Year6.2%6.2%23.5%20.8%11.3%8.9%
3 Year13.3%13.3%43.1%33.3%46.3%36.8%
5 Year-57.5%-57.5%72.7%54.1%62.1%44.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

5.94x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FCIC is overvalued based on its PB Ratio (5.9x) compared to the US Mortgage industry average (1.1x).


Next Steps

Future Growth

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

9.9%

Forecasted Banks 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 FCCC 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.


Next Steps

  • Take a look at our analysis of FCIC’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.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access FCCC's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has FCCC performed over the past 5 years?

0.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: FCIC is unprofitable, but has reduced losses over the past 5 years at a rate of 0.3% per year.

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

Earnings vs Industry: FCIC is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage industry (30.7%).


Return on Equity

High ROE: FCIC has a negative Return on Equity (-57.58%), as it is currently unprofitable.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is FCCC's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: FCIC has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if FCIC's debt is covered by short term assets.


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: FCIC has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: FCIC has sufficient cash runway for 1.699290 years if free cash flow continues to reduce at historical rates of -11.2% each year.


Financial Institutions Analysis

Asset Level: FCIC's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if FCIC has a sufficient allowance for bad loans.

Low Risk Liabilities: FCIC reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if FCIC has an acceptable proportion of non-loan assets held.

Low Risk Deposits: FCIC has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if FCIC has an appropriate level of bad loans.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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


Next Steps

Management

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

5.3yrs

Average board tenure


CEO

Fred Farrar (62yo)

5.3yrs

Tenure

0

Mr. Frederick L. Farrar also known as Fred has been Chief Executive Officer, President, Principal Financial Officer and Chairman of FCCC Inc. since July 2014. Mr. Farrar is the founder of Windrose Medical  ...


Board Age and Tenure

5.3yrs

Average Tenure

62yo

Average Age

Experienced Board: FCIC's board of directors are considered experienced (5.3 years average tenure).


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

  • Fred Farrar (62yo)

    Chairman

    • Tenure: 5.3yrs
  • Daniel Loftus (69yo)

    Secretary & Director

    • Tenure: 5.3yrs

Board Members

  • Fred Farrar (62yo)

    Chairman

    • Tenure: 5.3yrs
  • Daniel Loftus (69yo)

    Secretary & Director

    • Tenure: 5.3yrs
  • Fred Merritt (52yo)

    Director

    • Tenure: 5.3yrs
    • Compensation: US$400.00

Company Information

FCCC, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: FCCC, Inc.
  • Ticker: FCIC
  • Exchange: OTCPK
  • Founded: 1960
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$588.373k
  • Shares outstanding: 3.46m
  • Website: https://null

Number of Employees


Location

  • FCCC, Inc.
  • 1650 West 106th Street
  • Carmel
  • Indiana
  • 46032
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FCICOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMar 1993

Biography

FCCC, Inc. does not have significant operations. The company is seeking for a merger, acquisition, reverse merger, or business combination with an operating business or other appropriate financial transact ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 23:35
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.