OTCPK:SCPJ

Stock Analysis Report

Executive Summary

Scope Industries offers waste material recycling services in the United States.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SCPJ has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.0%

SCPJ

-0.1%

US Commercial Services

-2.7%

US Market


1 Year Return

7.6%

SCPJ

24.0%

US Commercial Services

21.2%

US Market

Return vs Industry: SCPJ underperformed the US Commercial Services industry which returned 23.7% over the past year.

Return vs Market: SCPJ underperformed the US Market which returned 24.7% over the past year.


Shareholder returns

SCPJIndustryMarket
7 Day2.0%-0.1%-2.7%
30 Day-0.005%3.7%0.09%
90 Day3.1%4.2%6.9%
1 Year10.9%7.6%28.5%24.0%23.8%21.2%
3 Year113.4%97.0%65.9%55.0%48.1%38.6%
5 Year-5.9%-15.3%109.8%88.5%72.5%53.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


In this section, we usually try to help investors determine whether Scope Industries is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Scope Industries 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 SCPJ’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 Scope Industries regulatory filings here.
  • Explore potentially undervalued companies in the Commercial Services industry.

Future Growth

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

16.7%

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 Scope Industries 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 SCPJ’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 Scope Industries's filings and announcements here.
  • Explore growth companies in the Commercial Services industry.

Past Performance

How has Scope Industries performed over the past 5 years?

13.7%

Historical Commercial Services annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Scope Industries has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Scope Industries's financial position?


In this section we usually analyse Scope Industries's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Scope Industries has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of SCPJ’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.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. 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.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Scope Industries's financial data was last updated here.
  • Explore more healthy companies in the Commercial Services industry.

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if SCPJ'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 SCPJ'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 Scope Industries's salary, the management and board of directors tenure and is there insider trading?

24.6yrs

Average management tenure


CEO

Meyer Luskin (94yo)

59yrs

Tenure

US$917,401

Compensation

Mr. Meyer Luskin has been the Chairman, President and Chief Executive Officer of Scope Industries since 1961. Mr. Luskin serves as the Chief Executive Officer at Scope Products Inc. He is responsible prima ...


Management Age and Tenure

24.6yrs

Average Tenure

73yo

Average Age

Experienced Management: SCPJ's management team is seasoned and experienced (24.6 years average tenure).


Board Age and Tenure

37.3yrs

Average Tenure

92.5yo

Average Age

Experienced Board: SCPJ's board of directors are seasoned and experienced ( 37.3 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: Insufficient data to determine if shareholders have been diluted in the past year.


Management Team

  • Meyer Luskin (94yo)

    Chairman

    • Tenure: 59yrs
    • Compensation: US$917.40k
  • F. Turney (72yo)

    COO - Vocational School Group segment and President of Scope Beauty Enterprises Inc

    • Tenure: 28.5yrs
    • Compensation: US$179.12k
  • Bob McMullen (73yo)

    Chief Operating Officer of Waste Material Recycling Segment

    • Tenure: 20.8yrs
    • Compensation: US$272.93k
  • Eric Iwafuchi (74yo)

    CFO, VP of Finance & Corporate Secretary

    • Tenure: 20.2yrs
    • Compensation: US$173.31k
  • Rudy Alvarez (64yo)

    Chief Accounting Officer & Controller

    • Compensation: US$114.26k

Board Members

  • Babette Heimbuch (71yo)

    Director

    • Tenure: 19.5yrs
  • Meyer Luskin (94yo)

    Chairman

    • Tenure: 59yrs
    • Compensation: US$917.40k
  • Robert Henigson (93yo)

    Director

    • Tenure: 23.3yrs
  • Franklin Redlich (92yo)

    Director

    • Tenure: 51.3yrs

Company Information

Scope Industries's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Scope Industries
  • Ticker: SCPJ
  • Exchange: OTCPK
  • Founded: 1938
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: US$181.674m
  • Shares outstanding: 912.98k
  • Website: https://null

Location

  • Scope Industries
  • 2811 Wilshire Boulevard
  • Suite 410
  • Santa Monica
  • California
  • 90403
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SCPJOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1968

Biography

Scope Industries offers waste material recycling services in the United States. It operates plants for the collection and processing of bakery waste materials into a food supplement for animals. The company sells this food supplement to poultry farms, dairies, feed lots, and pet food manufacturers. Scope Industries also owns and operates a plant in Vernon, California, where certain bakery waste material is processed and converted into edible breadcrumbs for human consumption. The company’s customers include prepackaged and restaurant supply food processors. Scope Industries was organized in 1938 and its principal executive offices are located in Santa Monica, California. Scope Industries sold all of the outstanding shares of its wholly owned subsidiary, Scope Beauty Enterprises, Inc., doing business as Marinello Schools of Beauty, to B & H Education, Inc. in March 2004. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/27 23:50
End of Day Share Price2020/01/24 00:00
Earnings2004/06/30
Annual Earnings2004/06/30


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.