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SGBX

SG Blocks NasdaqCM:SGBX Stock Report

Last Price

US$2.10

Market Cap

US$25.2m

7D

8.8%

1Y

-39.5%

Updated

12 Aug, 2022

Data

Company Financials
SGBX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

SGBX Stock Overview

SG Blocks, Inc. designs and modifies code-engineered cargo shipping containers and purpose-built modules for commercial, industrial, and residential building construction in the United States.

SG Blocks Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SG Blocks
Historical stock prices
Current Share PriceUS$2.10
52 Week HighUS$4.80
52 Week LowUS$1.50
Beta-3.57
1 Month Change32.91%
3 Month Change22.09%
1 Year Change-39.48%
3 Year Change-81.82%
5 Year Change-97.34%
Change since IPO-97.87%

Recent News & Updates

Jul 15

SG Blocks announces new buyback program, intends to sell Lago Vista development site

SG Blocks (NASDAQ:SGBX) announced Friday it has received Board's approval to repurchase up to 500K shares, worth $790K as per the stock's closing on July 13. In addition, Board has approved sale of SG Blocks Lago Vista development site located outside of Austin, TX. "With the free cash flow generated from the Clarity testing lab at LAX, the $13 million in cash on our balance sheet at the end of last quarter, and the gains that we should realize on the closing of the Lago Vista sale, SG Blocks will have the cash to fund the share buyback, support our common stock, and launch the five projects in its pipeline scheduled to be kicked off over the next fifteen months," said Chairman and CEO Paul Galvin. These projects include three additional Made-in-the-USA manufacturing facilities to support the company's pipeline of residential units, which currently numbers over 4,200 units. Shares of SGBX are up 8% in pre-market trading, Friday, to trade at $1.65 vs. 52-week trading range of $1.52 to $4.80. Earlier: SG Blocks inks agreement with developer for container park

Jul 01

SG Blocks inks agreement with developer for container park

SG Blocks (NASDAQ:SGBX) said on Friday that it has entered a contract with a private client planning to build a container park in Lake City, Florida The square footage of the sale in its entirety is roughly 960 square feet. The client aims to make an impact in Northern Florida with a community-driven, family-owned business. SG Echo plans to complete the GreenSteel and deliver the containers in December of 2022.

Shareholder Returns

SGBXUS ConstructionUS Market
7D8.8%5.6%3.2%
1Y-39.5%14.9%-10.1%

Return vs Industry: SGBX underperformed the US Construction industry which returned 11.6% over the past year.

Return vs Market: SGBX underperformed the US Market which returned -11.7% over the past year.

Price Volatility

Is SGBX's price volatile compared to industry and market?
SGBX volatility
SGBX Average Weekly Movement9.5%
Construction Industry Average Movement6.1%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

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

Volatility Over Time: SGBX's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200787Paul Galvinhttps://www.sgblocks.com

SG Blocks, Inc. designs and modifies code-engineered cargo shipping containers and purpose-built modules for commercial, industrial, and residential building construction in the United States. The company redesigns, repurposes, and convert heavy-gauge steel cargo shipping containers into SGBlocks, which are green building blocks for construction. It serves architects, landowners, builders, and developers.

SG Blocks Fundamentals Summary

How do SG Blocks's earnings and revenue compare to its market cap?
SGBX fundamental statistics
Market CapUS$25.21m
Earnings (TTM)-US$9.52m
Revenue (TTM)US$37.76m

0.7x

P/S Ratio

-2.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SGBX income statement (TTM)
RevenueUS$37.76m
Cost of RevenueUS$33.50m
Gross ProfitUS$4.26m
Other ExpensesUS$13.77m
Earnings-US$9.52m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 15, 2022

Earnings per share (EPS)-0.79
Gross Margin11.28%
Net Profit Margin-25.20%
Debt/Equity Ratio12.6%

How did SGBX perform over the long term?

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

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • 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 SGBX?

Other financial metrics that can be useful for relative valuation.

SGBX 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/Revenue0.5x
Enterprise Value/EBITDA-5x
PEG Ration/a

Price to Sales Ratio vs Peers

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

SGBX PS Ratio vs Peers
The above table shows the PS ratio for SGBX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.5x
OIG Orbital Infrastructure Group
0.5x42.4%US$118.7m
ISUN iSun
1.2x39.6%US$62.6m
WLMS Williams Industrial Services Group
0.1x9.1%US$34.1m
LMB Limbach Holdings
0.1x7.2%US$68.3m
SGBX SG Blocks
0.7xn/aUS$25.2m

Price-To-Sales vs Peers: SGBX is expensive based on its Price-To-Sales Ratio (0.7x) compared to the peer average (0.5x).


Price to Earnings Ratio vs Industry

How does SGBX's PE Ratio compare vs other companies in the US Construction Industry?

Price-To-Sales vs Industry: SGBX is good value based on its Price-To-Sales Ratio (0.7x) compared to the US Construction industry average (0.8x)


Price to Sales Ratio vs Fair Ratio

What is SGBX'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.

SGBX PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.7x
Fair PS Ration/a

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


Share Price vs Fair Value

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

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

Significantly Below Fair Value: Insufficient data to calculate SGBX'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.


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Future Growth

How is SG Blocks 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


29.0%

Forecasted Capital Goods 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 SG Blocks 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.


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  • Examine SG Blocks'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.

Past Performance

How has SG Blocks 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


-20.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SGBX is currently unprofitable.

Growing Profit Margin: SGBX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SGBX is unprofitable, and losses have increased over the past 5 years at a rate of 20.8% per year.

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

Earnings vs Industry: SGBX is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (13.1%).


Return on Equity

High ROE: SGBX has a negative Return on Equity (-19.7%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is SG Blocks's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: SGBX's short term assets ($21.9M) exceed its short term liabilities ($13.2M).

Long Term Liabilities: SGBX's short term assets ($21.9M) exceed its long term liabilities ($3.2M).


Debt to Equity History and Analysis

Debt Level: SGBX has more cash than its total debt.

Reducing Debt: SGBX's debt to equity ratio has reduced from 51.9% to 12.6% 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: SGBX has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: SGBX has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 24.9% each year


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Dividend

What is SG Blocks's 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

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

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

Growing Dividend: Insufficient data to determine if SGBX'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 SGBX has not reported any payouts.


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Management

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

5.6yrs

Average management tenure


CEO

Paul Galvin (59 yo)

13.33yrs

Tenure

US$1,723,657

Compensation

Mr. Paul M. Galvin serves as the Chairman at SG Blocks, Inc. and has been its Chief Executive Officer since April 2009 and serves as its Interim Chief Financial Officer since May 18, 2022 and serves as its...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD1.72M) is above average for companies of similar size in the US market ($USD763.69K).

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


Leadership Team

Experienced Management: SGBX's management team is seasoned and experienced (5.6 years average tenure).


Board Members

Experienced Board: SGBX's board of directors are considered experienced (3.3 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 36.1%.


Top Shareholders

Company Information

SG Blocks, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: SG Blocks, Inc.
  • Ticker: SGBX
  • Exchange: NasdaqCM
  • Founded: 2007
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Implied Market Cap: US$25.214m
  • Shares outstanding: 12.01m
  • Website: https://www.sgblocks.com

Number of Employees


Location

  • SG Blocks, Inc.
  • Building 100
  • Suite 100
  • Jacksonville
  • Florida
  • 32256
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/12 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/03/31
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.