GTX Corp, through its subsidiaries, designs, develops, and sells various products and services in the personal location services marketplace in the United States and internationally.
The last earnings update was 2 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 GTX is trading at an attractive price based on the cash flow it is expected to produce in the future. But as GTX 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
GTX. 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
GTX'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 GTX 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 Consumer Durables industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare GTX's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare GTX's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare GTX's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if GTX is high growth as no earnings estimate data is available.
Unable to determine if GTX 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 GTX's filings and announcements here.
GTX'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. Patrick E. Bertagna Co-founded GTX Corp in 2002 and has been its Chairman, President and Chief Executive Officer since March 14, 2008. Mr. Bertagna founded Barcode World Inc. He transitioned into technology in 1993. His career spans for more than 27 years in building companies in both technology and consumer branded products. He began his career in consumer products importing apparel from Europe and later went on to import and manufacture apparel, accessories and footwear in over 20 countries. He has formed alliances with Fortune 500 companies such as IBM, AT&T, Sports Authority, Federated Stores, Netscape and GE. He has been a keynote speaker and has been awarded several patents. He is Co-Inventor of the patented GPS Footwear technology. Mr. Bertagna is fluent in French and Spanish.
Patrick's compensation has increased whilst company is loss making.
Patrick's remuneration is lower than average for companies of similar size in United States of America.
Chief Financial Officer
Head of International Business Development
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the GTX board of directors is over 10 years, this suggests they are a seasoned and experienced board.
GTX Corp, through its subsidiaries, designs, develops, and sells various products and services in the personal location services marketplace in the United States and internationally. The company offers global positioning system (GPS) and Bluetooth low energy (BLE), and hand-held GPS tracking devices with a hosted and scalable backend monitoring platform for real-time tracking of the whereabouts of people, pets, or high valued assets through a miniaturized transceiver module, wireless connectivity gateway, middleware, and viewing portal. It also develops and owns LOCiMobile, a suite of mobile tracking applications that turn smartphones and tablets, such as iPhone, iPad, Google Android, and other GPS enabled handsets into a tracking and location based social networking device, which can be viewed through its tracking portal or on any connected device with Internet access. In addition, the company offers Track My Work Force, which allows employers to track and monitor employees, drivers, sales representatives, and others using their smartphone, tablet, or any wireless devices; and other applications. GTX Corp has a collaboration agreement with Veristride, Inc. to incorporate its inductive charging technology, enhance and miniaturize the electronics, develop a BLE, and embed the final hardware assembly into SmartSole, a GPS tracking device. The company was founded in 2002 and is headquartered in Los Angeles, California.
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