MCTC Holdings
Market Cap
US$6.4m
Last Updated
2019/12/11 01:19 UTC
Data Sources
Company Financials
Executive Summary
MCTC Holdings, Inc. focuses on cannabinoid research.
Risk Analysis
Earnings have declined by -40.69% per year over past 5 years
Shareholders have been substantially diluted in the past year
+ 2 more risks
Snowflake Analysis
Adequate balance sheet with weak fundamentals.
Share Price & News
How has MCTC Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MCTC's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-3.3%
MCTC
0.7%
US Professional Services
1.1%
US Market
1 Year Return
-42.0%
MCTC
26.3%
US Professional Services
17.8%
US Market
Return vs Industry: MCTC underperformed the US Professional Services industry which returned 26.3% over the past year.
Return vs Market: MCTC underperformed the US Market which returned 17.8% over the past year.
Shareholder returns
| MCTC | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.3% | 0.7% | 1.1% |
| 30 Day | -54.2% | 3.9% | 1.4% |
| 90 Day | -55.4% | 0.4% | 3.9% |
| 1 Year | -42.0%-42.0% | 27.4%26.3% | 20.3%17.8% |
| 3 Year | 5700.0%5700.0% | 55.3%50.3% | 44.8%35.4% |
| 5 Year | 383.3%383.3% | 82.5%72.6% | 71.3%52.4% |
Price Volatility Vs. Market
How volatile is MCTC Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is MCTC Holdings undervalued compared to its fair value and its price relative to the market?
88.72x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MCTC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MCTC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MCTC is unprofitable, so we can't compare its PE Ratio to the Professional Services industry average.
PE vs Market: MCTC 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 MCTC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MCTC is overvalued based on its PB Ratio (88.7x) compared to the US Professional Services industry average (2.7x).
Next Steps
Future Growth
How is MCTC Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
32.4%
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 MCTC Holdings 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
- Examine MCTC Holdings'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.
- 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 MCTC Holdings's filings and announcements here.
- Explore growth companies in the Commercial Services industry.
Past Performance
How has MCTC Holdings performed over the past 5 years?
-40.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCTC is currently unprofitable.
Growing Profit Margin: MCTC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MCTC is unprofitable, and losses have increased over the past 5 years at a rate of -40.7% per year.
Accelerating Growth: Unable to compare MCTC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MCTC is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (23.5%).
Return on Equity
High ROE: MCTC has a negative Return on Equity (-634.37%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is MCTC Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: MCTC's short term assets ($154.4K) exceed its short term liabilities ($153.4K).
Long Term Liabilities: MCTC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MCTC's debt to equity ratio (77.1%) is considered high.
Reducing Debt: MCTC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Inventory Level: MCTC has a low level of unsold assets or inventory.
Debt Coverage by Assets: MCTC's debt is covered by short term assets (assets are 3.3x debt).
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: MCTC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MCTC has less than a year of cash runway if free cash flow continues to reduce at historical rates of -115.6% each year
Next Steps
Dividend
What is MCTC Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate MCTC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MCTC'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 MCTC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MCTC'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 MCTC'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 MCTC Holdings's salary, the management and board of directors tenure and is there insider trading?
0.5yrs
Average board tenure
CEO
Arman Tabatabaei (37yo)
0.5yrs
Tenure
Mr. Arman Tabatabaei serves as President, Chief Executive Officer, Chief Financial Officer, Treasurer, Secretary, Chairman and Director of MCTC Holdings, Inc. since June 19, 2019. Mr. Tabatabaei served as ...
Board Age and Tenure
0.5yrs
Average Tenure
41yo
Average Age
Experienced Board: MCTC's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 8,666,658 |
| Max Price | US$0.037 |
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 63.3%.
Management Team
Arman Tabatabaei (37yo)
Chairman
- Tenure: 0.5yrs
Board Members
Robert Hymers (36yo)
Director
- Tenure: 0.5yrs
Eddie Manolos (45yo)
Director
- Tenure: 0.5yrs
Arman Tabatabaei (37yo)
Chairman
- Tenure: 0.5yrs
Dan Van Nguyen (46yo)
Director
- Tenure: 0.5yrs
Company Information
MCTC Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: MCTC Holdings, Inc.
- Ticker: MCTC
- Exchange: OTCPK
- Founded: 2018
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: US$6.364m
- Shares outstanding: 14.63m
- Website: https://www.cannabisglobalinc.com
Location
- MCTC Holdings, Inc.
- 520 South Grand Avenue
- Suite 320
- Los Angeles
- California
- 90071
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MCTC | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Jun 2008 |
Biography
MCTC Holdings, Inc. focuses on cannabinoid research. It plans to develop and commercialize hemp extracts and cannabinoids, and other consumer products. The company was incorporated in 2018 and is headquart ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/11 01:19 |
| End of Day Share Price | 2019/12/10 00:00 |
| Earnings | 2019/08/31 |
| Annual Earnings | 2019/08/31 |
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.