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BLPG

Blue Line Protection GroupOTCPK:BLPG Stock Report

Last Price

US$0.50

Market Cap

US$4.2m

7D

16.0%

1Y

31.3%

Updated

19 Jan, 2022

Data

Company Financials
BLPG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

BLPG Stock Overview

Blue Line Protection Group, Inc. provides armed protection and transportation, banking, compliance, and training services for businesses engaged in the legal cannabis industry in the United States.

Blue Line Protection Group Competitors

Brink's

NYSE:BCO

US$3.5b

Argyle Security

OTCPK:ARGL

US$138.9k

Price History & Performance

Summary of all time highs, changes and price drops for Blue Line Protection Group
Historical stock prices
Current Share PriceUS$0.50
52 Week HighUS$3.00
52 Week LowUS$0.24
Beta2.66
1 Month Change42.54%
3 Month Change-28.73%
1 Year Change31.29%
3 Year Change162.58%
5 Year Change-88.43%
Change since IPO-99.30%

Recent News & Updates

Shareholder Returns

BLPGUS Commercial ServicesUS Market
7D16.0%-3.5%-3.5%
1Y31.3%14.2%10.2%

Return vs Industry: BLPG exceeded the US Commercial Services industry which returned 16.2% over the past year.

Return vs Market: BLPG exceeded the US Market which returned 13.7% over the past year.

Price Volatility

Is BLPG's price volatile compared to industry and market?
BLPG volatility
BLPG Average Weekly Movement18.6%
Commercial Services Industry Average Movement6.1%
Market Average Movement6.6%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.4%

Stable Share Price: BLPG is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 19% a week.

Volatility Over Time: BLPG's weekly volatility has decreased from 30% to 19% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2006n/aEvan DeVoehttps://www.bluelineprotectiongroup.com

Blue Line Protection Group, Inc. provides armed protection and transportation, banking, compliance, and training services for businesses engaged in the legal cannabis industry in the United States. It offers asset logistic services comprising armored transportation services; security services, including shipment protection, money escort, security monitoring, asset vaulting, and VIP and dignitary protection; financial services, such as handling transportation and storage of currency; and training services. The company was formerly known as The Engraving Masters, Inc. and changed its name to Blue Line Protection Group, Inc. in May 2014.

Blue Line Protection Group Fundamentals Summary

How do Blue Line Protection Group's earnings and revenue compare to its market cap?
BLPG fundamental statistics
Market CapUS$4.23m
Earnings (TTM)-US$355.45k
Revenue (TTM)US$4.63m

0.9x

P/S Ratio

-11.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BLPG income statement (TTM)
RevenueUS$4.63m
Cost of RevenueUS$1.25m
Gross ProfitUS$3.37m
ExpensesUS$3.73m
Earnings-US$355.45k

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.042
Gross Margin72.93%
Net Profit Margin-7.69%
Debt/Equity Ratio-54.5%

How did BLPG perform over the long term?

See historical performance and comparison

Valuation

Is Blue Line Protection Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BLPG ($0.5) is trading below our estimate of fair value ($3.7)

Significantly Below Fair Value: BLPG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BLPG is unprofitable, so we can't compare its PE Ratio to the US Commercial Services industry average.

PE vs Market: BLPG 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 BLPG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BLPG has negative assets, so we can't compare its PB Ratio to the US Commercial Services industry average.


Future Growth

How is Blue Line Protection Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.0%

Forecasted Commercial Services 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 Blue Line Protection Group 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.


Past Performance

How has Blue Line Protection Group performed over the past 5 years?

22.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BLPG is currently unprofitable.

Growing Profit Margin: BLPG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BLPG is unprofitable, but has reduced losses over the past 5 years at a rate of 22.2% per year.

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

Earnings vs Industry: BLPG is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (35.3%).


Return on Equity

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


Financial Health

How is Blue Line Protection Group's financial position?


Financial Position Analysis

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

Long Term Liabilities: BLPG 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: BLPG has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: BLPG'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: Whilst unprofitable BLPG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: BLPG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 38.1% per year.


Dividend

What is Blue Line Protection Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Next Steps

Management

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

5.3yrs

Average board tenure


CEO

Evan DeVoe (35 yo)

1.83yrs

Tenure

US$167,232

Compensation

Mr. Evan DeVoe serves as President, Chief Executive, Financial & Accounting Officer and Director at Blue Line Protection Group, Inc. since March 13, 2020. Mr. DeVoe joined Blue Line Protection Group, Inc....


CEO Compensation Analysis

Compensation vs Market: Evan's total compensation ($USD167.23K) is below average for companies of similar size in the US market ($USD577.27K).

Compensation vs Earnings: Insufficient data to compare Evan's compensation with company performance.


Board Members

Experienced Board: BLPG's board of directors are considered experienced (5.3 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 3.2%.


Top Shareholders

Company Information

Blue Line Protection Group, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Blue Line Protection Group, Inc.
  • Ticker: BLPG
  • Exchange: OTCPK
  • Founded: 2006
  • Industry: Security and Alarm Services
  • Sector: Commercial Services
  • Implied Market Cap: US$4.233m
  • Shares outstanding: 8.49m
  • Website: https://www.bluelineprotectiongroup.com

Number of Employees


Location

  • Blue Line Protection Group, Inc.
  • 5765 Logan Street
  • Denver
  • Colorado
  • 80216
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 00:05
End of Day Share Price2022/01/18 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.