Seafarer Exploration Corp. intends to engage in the archaeological research, archaeologically-sensitive exploration, and recovery and conservation of historic shipwrecks.
The last earnings update was 8 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
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. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Seafarer Exploration. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Seafarer Exploration's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Seafarer Exploration's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Seafarer Exploration's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Seafarer Exploration's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Seafarer Exploration is high growth as no earnings estimate data is available.
Unable to determine if Seafarer Exploration is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
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 Seafarer Exploration's filings and announcements here.
Seafarer Exploration's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Seafarer Exploration's finances.
The net worth of a company is the difference between its assets and liabilities.
Seafarer Exploration's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Seafarer Exploration has no long term commitments.
This treemap shows a more detailed breakdown of
Seafarer Exploration's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Seafarer Exploration has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
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 Consultants since August 1995. He co-founded Spartan Group Holdings, Inc., a group of companies offering security sales and trading and investment banking services. In 2003, Mr. Kennedy co-founded Island Stock Transfer. From March 1998 to December 1998, he served as Vice President for Corporate Finance of Palm State Equities, Inc.; froom January 1999 to September 1999 as Vice President for Investment Banking of 1st American Investment Banking; from September 1999 to May 2000 as President and Chief Executive Officer of Nowtrade Corp. Mr. Kennedy's public company experience includes his position as Executive Vice President and President, of a public holding company with four diverse operations entities. Mr. Kennedy is a Senior Financial Executive with over 28 years experience in the brokerage business. He held the following licenses: Series 3,4,7,52,63, 24 and 55.
Kyle's compensation has increased whilst company is loss making.
Insufficient data for Kyle to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
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 research and translation of historical documents from archives and repositories worldwide. The company was incorporated in 2003 and is headquartered in Tampa, Florida.
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