OTCPK:BLPG

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

How has Blue Line Protection Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BLPG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

BLPG

0.6%

US Commercial Services

0.2%

US Market


1 Year Return

-82.6%

BLPG

16.1%

US Commercial Services

12.2%

US Market

Return vs Industry: BLPG underperformed the US Commercial Services industry which returned 16.1% over the past year.

Return vs Market: BLPG underperformed the US Market which returned 12.2% over the past year.


Shareholder returns

BLPGIndustryMarket
7 Day0%0.6%0.2%
30 Day-11.1%1.2%3.5%
90 Day-33.3%3.2%6.3%
1 Year-82.6%-82.6%20.5%16.1%14.7%12.2%
3 Year-98.9%-98.9%60.8%50.3%47.8%38.3%
5 Year-99.9%-99.9%99.8%79.4%62.1%44.1%

Price Volatility Vs. Market

How volatile is Blue Line Protection Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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


In this section, we usually try to help investors determine whether Blue Line Protection Group is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Blue Line Protection Group has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of BLPG’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.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Blue Line Protection Group regulatory filings here.
  • Explore potentially undervalued companies in the Commercial Services industry.

Future Growth

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

17.9%

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.


Next Steps

  • Take a look at our analysis of BLPG’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 Blue Line Protection Group's filings and announcements here.
  • Explore growth companies in the Commercial Services industry.

Past Performance

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

5.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: Insufficient data to determine if BLPG has high quality earnings.

Growing Profit Margin: BLPG's current net profit margins (-61.5%) are lower than last year (-45.3%).


Past Earnings Growth Analysis

Earnings Trend: BLPG is unprofitable, but has reduced losses over the past 5 years at a rate of 5.6% 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 (-0.4%).


Return on Equity

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


Return on Assets


Return on Capital Employed


Next Steps

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

Inventory Level: BLPG has a high level of physical assets or inventory.

Debt Coverage by Assets: BLPG has negative shareholder equity (liabilities exceed assets) therefore debt is not 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: BLPG has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: BLPG has less than a year of cash runway if free cash flow continues to grow at historical rates of 25.8% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.6%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

What is the CEO of Blue Line Protection Group's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average board tenure


CEO

Dan Allen (68yo)

4.3yrs

Tenure

US$144,000

Compensation

Mr. Daniel Allen, also known as Dan, has been the Chief Executive, Financial and Accounting Officer of Blue Line Protection Group, Inc. since July 28, 2015. Mr. Allen served as the Chief Executive Officer  ...


CEO Compensation Analysis

Compensation vs Market: Dan's total compensation ($USD144.00K) is below average for companies of similar size in the US market ($USD510.82K).

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


Board Age and Tenure

4.3yrs

Average Tenure

67yo

Average Age

Experienced Board: BLPG's board of directors are considered experienced (4.3 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

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 166.5%.


Management Team

  • Ricky Bennett (62yo)

    Vice President of Operations & Compliance

    • Tenure: 5.7yrs
    • Compensation: US$102.00k
  • Dan Allen (68yo)

    Chief Executive

    • Tenure: 4.3yrs
    • Compensation: US$144.00k

Board Members

  • Dan Allen (68yo)

    Chief Executive

    • Tenure: 4.3yrs
    • Compensation: US$144.00k
  • Christopher Galvin (52yo)

    Chairman of Board

    • Tenure: 1.8yrs
  • Doyle Knudson (67yo)

    Independent Director

    • Tenure: 4.3yrs

Company Information

Blue Line Protection Group, Inc.'s company bio, 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
  • Market Cap: US$288.544k
  • Shares outstanding: 721.36m
  • Website: https://www.bluelineprotectiongroup.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BLPGOTCPK (Pink Sheets LLC)YesCommon StockUSUSDAug 2008

Biography

Blue Line Protection Group, Inc. provides armed protection, logistics, and compliance services for businesses engaged in the legal cannabis industry in the United States. It offers asset logistic services  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/15 00:14
End of Day Share Price2019/11/14 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.