OTCPK:DPXC.F

Stock Analysis Report

Executive Summary

DelphX Capital Markets Inc. operates as a technology and financial services company focuses on credit markets in the United States and Canada.

Snowflake

Fundamentals

Slightly overvalued with worrying balance sheet.

Share Price & News

How has DelphX Capital Markets's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

DPXC.F

0.8%

US Capital Markets

0.07%

US Market


1 Year Return

n/a

DPXC.F

5.3%

US Capital Markets

8.9%

US Market

Return vs Industry: Insufficient data to determine how DPXC.F performed against the US Capital Markets industry.

Return vs Market: Insufficient data to determine how DPXC.F performed against the US Market.


Shareholder returns

DPXC.FIndustryMarket
7 Day0%0.8%0.07%
30 Day0%-2.4%-0.3%
90 Dayn/a-3.1%-1.6%
1 Yearn/a7.6%5.3%11.3%8.9%
3 Yearn/a52.4%43.8%46.3%36.8%
5 Yearn/a74.1%58.2%62.1%44.3%

Price Volatility Vs. Market

How volatile is DelphX Capital Markets's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is DelphX Capital Markets 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: DPXC.F ($0.1) is trading below our estimate of fair value ($2.3)

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


Price To Earnings Ratio

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

PE vs Market: DPXC.F 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 DPXC.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

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


Next Steps

Future Growth

How is DelphX Capital Markets forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.2%

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 DelphX Capital Markets 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

Past Performance

How has DelphX Capital Markets performed over the past 5 years?

-1.6%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: DPXC.F is unprofitable, and there is insufficient past data to establish if their past 5-year earnings growth rate was positive.

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

Earnings vs Industry: DPXC.F is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (29.3%).


Return on Equity

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


Return on Assets

ROA vs Industry: DPXC.F is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: DPXC.F is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is DelphX Capital Markets'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: DPXC.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: DPXC.F 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: DPXC.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: DPXC.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -1.8% each year


Financial Institutions Analysis

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

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

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

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

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

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


Next Steps

Dividend

What is DelphX Capital Markets's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate DPXC.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if DPXC.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DPXC.F'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 DPXC.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of DelphX Capital Markets's salary, the management and board of directors tenure and is there insider trading?

1.5yrs

Average board tenure


CEO

DelphX Capital Markets has no CEO, or we have no data on them.


Board Age and Tenure

1.5yrs

Average Tenure

Experienced Board: DPXC.F's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$7,50412 Apr 19
Toby Pierce
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares100,000
Max PriceCA$0.075
BuyCA$7,97614 Feb 19
Keith Ainsworth
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares35,500
Max PriceCA$0.24
BuyCA$9,12612 Feb 19
Keith Ainsworth
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares40,700
Max PriceCA$0.23

Ownership Breakdown


Management Team

  • Steven Gledhill (58yo)

    CFO & Corporate Secretary

    • Tenure: 1.7yrs
  • Alexander Jardin (66yo)

    Chief Actuary & Risk Officer and Director

    • Tenure: 1.5yrs
    • Compensation: CA$48.19k
  • Shant Harootunian

    Chief Operating Officer

    • Tenure: 0yrs
    • Compensation: CA$47.74k
  • Larry Fondren

    Executive Chairman & Founder

    • Tenure: 0yrs
    • Compensation: CA$55.17k
  • Stephen Bacso

    Consultant

    • Tenure: 0.5yrs
    • Compensation: CA$48.19k

Board Members

  • Keith Ainsworth

    Independent Director

    • Tenure: 1.5yrs
  • Alexander Jardin (66yo)

    Chief Actuary & Risk Officer and Director

    • Tenure: 1.5yrs
    • Compensation: CA$48.19k
  • Steven Mannik

    Corporate Director

    • Tenure: 1.2yrs
  • Toby Pierce (46yo)

    Independent Director

    • Tenure: 3yrs
  • Larry Fondren

    Executive Chairman & Founder

    • Tenure: 0yrs
    • Compensation: CA$55.17k

Company Information

DelphX Capital Markets Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: DelphX Capital Markets Inc.
  • Ticker: DPXC.F
  • Exchange: OTCPK
  • Founded: 2011
  • Industry: Financial Exchanges and Data
  • Sector: Diversified Financials
  • Market Cap: CA$6.198m
  • Listing Market Cap: CA$4.736m
  • Shares outstanding: 95.35m
  • Website: https://www.delphx.com

Location

  • DelphX Capital Markets Inc.
  • 137 Glasgow Street
  • Unit 445
  • Kitchener
  • Ontario
  • N2G 4X8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DELXTSXV (TSX Venture Exchange)YesCommon SharesCACADMay 2018
DPXC.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 2018

Biography

DelphX Capital Markets Inc. operates as a technology and financial services company focuses on credit markets in the United States and Canada. The company develops and operates a global facility for transp ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 00:46
End of Day Share Price2019/08/29 00:00
Earnings2019/06/30
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.