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 AfterMaster is trading at an attractive price based on the cash flow it is expected to produce in the future. But as AfterMaster 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
AfterMaster. 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
AfterMaster'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 AfterMaster 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 Leisure industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare AfterMaster's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare AfterMaster's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare AfterMaster's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if AfterMaster is high growth as no earnings estimate data is available.
Unable to determine if AfterMaster 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 AfterMaster's filings and announcements here.
AfterMaster'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.
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.
TENURE AS CEO
Mr. Lawrence G. Ryckman, also known as Larry, has been the Chief Executive Officer and President of Aftermaster, Inc. (known as Studio One Media, Inc) since August 28, 2015, has been its interim Chairman since December 4, 2015. Mr. Ryckman serves as the Chief Executive Officer, President and Secretary of Studio One Entertainment Inc., a subsidiary of Studio One Media Inc. He served as the President of Studio One Entertainment Inc and MyStudio Audio Labs Inc. He served as the Chief Executive Officer of Studio One Entertainment Inc. and Chief Executive Officer of MyStudio Audio Labs Inc. Mr. Ryckman is an award winning entrepreneur and businessman with notable achievements in the Entertainment, High Technology and Sports industries. He co-founded and served as President and Chief Executive Officer of entertainment/technology company, QSound, Ltd., which develops proprietary sound technologies for the entertainment, computer, cell phone and video game industries. During his tenure as President of QSound grew from a start-up to a NASDAQ listed, internationally recognized player in the industry and secured over a dozen patents. He served as Interim Chairman of Aftermaster, Inc. from August 28, 2015 to September 23, 2015. He served as the Chairman and Member of Advisory Board at Studio One Media, Inc. He has been a Director of Aftermaster, Inc. since August 28, 2015. He serves as Director of Studio One Entertainment Inc. at Aftermaster, Inc. Mr. Ryckman completed licensing and joint venture agreements with multi-national corporations such as Polygram, Nintendo, JVC, Coca Cola and NEC.
Larry's compensation has been consistent with company performance over the past year.
Larry's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the
management team in years:
The tenure for the AfterMaster management team is about average.
Senior VP of Engineering & VP
Senior VP & Director
Senior Vice President of Music & Marketing
Senior Vice President of Product Development
Senior Vice President of Business Development
Vice President of Video Production & Engineering
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the AfterMaster board of directors is about average.
AfterMaster, Inc., together with its subsidiaries, operates as an audio technology company in the United States. It develops and commercializes proprietary audio and video technologies for professional and consumer use. The company offers AfterMaster audio, a mastering, remastering, and audio processing technology that makes various audio source sounds louder, fuller, deeper, and clearer; ProMaster, an online music mastering, streaming, and storage service designed for independent artists; and Aftermaster Pro, a personal audio re-mastering device. It also provides Aftermaster Studio Pro and MyStudio, which are products for use in commercial audio applications. In addition, AfterMaster, Inc. operates six recording and mastering studios that engineer mix and master music for independent and high profile artists. The company was formerly known as Studio One Media, Inc. and changed its name to AfterMaster, Inc. in September 2015. AfterMaster, Inc. was incorporated in 1988 and is based in Scottsdale, Arizona.
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