OTCPK:SFRX

Stock Analysis Report

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Market Cap

US$28.2m

Last Updated

2021/07/24 02:05 UTC

Data Sources

Company Financials

Executive Summary

Seafarer Exploration Corp. intends to engage in the archaeological research, archaeologically-sensitive exploration, and recovery and conservation of historic shipwrecks. More Details


Snowflake Analysis

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

How has Seafarer Exploration's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SFRX is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 23% a week.

Volatility Over Time: SFRX's weekly volatility has increased from 17% to 23% over the past year.


Market Performance


7 Day Return

17.6%

SFRX

1.8%

US Commercial Services

2.0%

US Market


1 Year Return

-34.2%

SFRX

36.3%

US Commercial Services

39.1%

US Market

Return vs Industry: SFRX underperformed the US Commercial Services industry which returned 34% over the past year.

Return vs Market: SFRX underperformed the US Market which returned 36.9% over the past year.


Shareholder returns

SFRXIndustryMarket
7 Day17.6%1.8%2.0%
30 Day31.6%4.5%2.3%
90 Day-2.0%6.1%3.5%
1 Year-34.2%-34.2%37.9%36.3%41.3%39.1%
3 Year316.7%316.7%55.0%45.1%64.0%53.8%
5 Year66.7%66.7%125.7%103.6%123.8%99.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Seafarer Exploration undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Seafarer Exploration is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Seafarer Exploration 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.


Future Growth

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

16.8%

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 Seafarer Exploration 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 Seafarer Exploration performed over the past 5 years?

-19.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SFRX is currently unprofitable.

Growing Profit Margin: SFRX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SFRX is unprofitable, and losses have increased over the past 5 years at a rate of 19% per year.

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

Earnings vs Industry: SFRX is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (2.5%).


Return on Equity

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


Financial Health

How is Seafarer Exploration's financial position?


Financial Position Analysis

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

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

Reducing Debt: SFRX'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: SFRX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SFRX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23% each year


Dividend

What is Seafarer Exploration current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if SFRX'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 SFRX'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?

2.5yrs

Average board tenure


CEO

Kyle Kennedy (60 yo)

no data

Tenure

US$99,101

Compensation

Mr. Kyle G. Kennedy serves as the Chairman of the Board, Chief Executive Officer and President of Seafarer Exploration Corp. Mr. Kennedy has been the President of Kennedy and Associates, Business Consultan...


CEO Compensation Analysis

Compensation vs Market: Kyle's total compensation ($USD99.10K) is below average for companies of similar size in the US market ($USD546.58K).

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


Board Members

Experienced Board: SFRX's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


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 13.4%.


Top Shareholders

Company Information

Seafarer Exploration Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Seafarer Exploration Corp.
  • Ticker: SFRX
  • Exchange: OTCPK
  • Founded: 2003
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: US$28.239m
  • Shares outstanding: 5.65b
  • Website: https://seafarerexplorationcorp.com

Location

  • Seafarer Exploration Corp.
  • 14497 North Dale Mabry Highway
  • Suite 209N
  • Tampa
  • Florida
  • 33618
  • United States

Listings


Biography

Seafarer Exploration Corp. intends to engage in the archaeological research, archaeologically-sensitive exploration, and recovery and conservation of historic shipwrecks. It also focuses on the archival re...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/24 02:05
End of Day Share Price2021/07/23 00:00
Earnings2021/03/31
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.