OTCPK:BISA

Stock Analysis Report

Executive Summary

Baltic International USA, Inc. does not have significant operations.


Snowflake Analysis

Slightly overvalued with worrying balance sheet.

Share Price & News

How has Baltic International USA's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

BISA

12.8%

US Capital Markets

10.5%

US Market


1 Year Return

200.0%

BISA

-11.4%

US Capital Markets

-11.5%

US Market

Return vs Industry: BISA exceeded the US Capital Markets industry which returned -9.8% over the past year.

Return vs Market: BISA exceeded the US Market which returned -9.1% over the past year.


Shareholder returns

BISAIndustryMarket
7 Day0%12.8%10.5%
30 Day0%-19.0%-15.4%
90 Dayn/a-23.9%-21.4%
1 Year200.0%200.0%-9.6%-11.4%-9.6%-11.5%
3 Yearn/a6.1%-0.1%12.6%5.4%
5 Yearn/a32.4%19.9%32.8%18.1%

Price Volatility Vs. Market

How volatile is Baltic International USA's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Baltic International USA undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BISA ($0) is trading below our estimate of fair value ($0.05)

Significantly Below Fair Value: BISA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BISA is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

PE vs Market: BISA is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BISA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BISA has negative assets, so we can't compare its PB Ratio to the US Capital Markets industry average.


Next Steps

Future Growth

How is Baltic International USA forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.9%

Forecasted Diversified Financials 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 Baltic International USA 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 BISA’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 Baltic International USA's filings and announcements here.
  • Explore growth companies in the Diversified Financials industry.

Past Performance

How has Baltic International USA performed over the past 5 years?

-3.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BISA is currently unprofitable.

Growing Profit Margin: BISA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BISA is unprofitable, and losses have increased over the past 5 years at a rate of -3.2% per year.

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

Earnings vs Industry: BISA is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (10.6%).


Return on Equity

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


Next Steps

Financial Health

How is Baltic International USA's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: BISA has a low level of unsold assets or inventory.

Debt Coverage by Assets: BISA has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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: Insufficient data to determine if BISA has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if BISA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Financial Institutions Analysis

Asset Level: BISA's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if BISA has a sufficient allowance for bad loans.

Low Risk Liabilities: BISA reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if BISA has an acceptable proportion of non-loan assets held.

Low Risk Deposits: BISA has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if BISA has an appropriate level of bad loans.


Next Steps

Dividend

What is Baltic International USA's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


CEO

David Grossman (55yo)

10.08s

Tenure

Mr. David A. Grossman, CPA, has been the Chief Executive Officer of Baltic International USA Inc. since 2010 and as its Chief Financial Officer since September 1997 and as Corporate Secretary since Decembe ...


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Baltic International USA, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Baltic International USA, Inc.
  • Ticker: BISA
  • Exchange: OTCPK
  • Founded: 1991
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$3.292k
  • Shares outstanding: 10.98m
  • Website: https://www.baltic-intl.com

Location

  • Baltic International USA, Inc.
  • 6002 Rogerdale Road
  • Suite 300
  • Houston
  • Texas
  • 77072
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BISAOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJun 1994

Biography

Baltic International USA, Inc. does not have significant operations. It intends to investigate and acquire a target company or business seeking to become a publicly held corporation. The company was founded in 1991 and is based in Houston, Texas. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/28 00:34
End of Day Share Price2020/02/19 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.