OTCPK:MXRS.F

Stock Analysis Report

Executive Summary

COIN Hodl Inc. operates as a merchant banking and financial advisory company that focuses on the small-cap market, with investments in cryptocurrency and blockchain sectors.


Snowflake Analysis

Overvalued with worrying balance sheet.

Share Price & News

How has Coin Hodl's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MXRS.F's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-20.7%

MXRS.F

-8.6%

US Capital Markets

-10.6%

US Market


1 Year Return

-2.7%

MXRS.F

4.9%

US Capital Markets

5.2%

US Market

Return vs Industry: MXRS.F underperformed the US Capital Markets industry which returned 4.9% over the past year.

Return vs Market: MXRS.F underperformed the US Market which returned 5.2% over the past year.


Shareholder returns

MXRS.FIndustryMarket
7 Day-20.7%-8.6%-10.6%
30 Day-27.2%-7.9%-8.5%
90 Day-22.5%-4.4%-4.6%
1 Year-2.7%-2.7%7.1%4.9%7.4%5.2%
3 Year-53.9%-53.9%25.5%18.4%31.7%23.2%
5 Yearn/a65.9%50.7%56.4%39.3%

Price Volatility Vs. Market

How volatile is Coin Hodl's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Coin Hodl undervalued compared to its fair value and its price relative to the market?

0.74x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MXRS.F's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MXRS.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: MXRS.F is good value based on its PB Ratio (0.7x) compared to the US Capital Markets industry average (6.2x).


Next Steps

Future Growth

How is Coin Hodl forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.9%

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 Coin Hodl 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 Coin Hodl performed over the past 5 years?

-45.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MXRS.F is currently unprofitable.

Growing Profit Margin: MXRS.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MXRS.F is unprofitable, and losses have increased over the past 5 years at a rate of -45.5% per year.

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

Earnings vs Industry: MXRS.F is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (8.5%).


Return on Equity

High ROE: MXRS.F has a negative Return on Equity (-29.32%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Coin Hodl'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: MXRS.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if MXRS.F's debt is 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: MXRS.F has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: MXRS.F has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 1.9% each year


Financial Institutions Analysis

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

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

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

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

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

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


Next Steps

Dividend

What is Coin Hodl's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.6%markettop25%4.1%industryaverage2.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if MXRS.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 MXRS.F'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?

1.8yrs

Average board tenure


CEO

Ben Cubitt (43yo)

1.7yrs

Tenure

CA$39,734

Compensation

Mr. Ben Cubitt, CFA is Chief Executive Officer and Director at Coin Hodl Inc.(formerly known as Malbex Resources Inc.) since June 20, 2018. He serves as the Chairman of the Board at Coin Hodl Inc. Mr. Cubi ...


CEO Compensation Analysis

Compensation vs Market: Ben's total compensation ($USD29.74K) is below average for companies of similar size in the US market ($USD535.60K).

Compensation vs Earnings: Insufficient data to compare Ben's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Ben Cubitt
CEO, Chairman & President1.7yrsCA$39.73kno data
Ignacio Celorrio
President of Malbex San Juan S A and Director of Malbex San Juan S A0yrsno datano data
Joshua Crumb
Independent Director1.8yrsno datano data
Stefan Wieler
Independent Director1.8yrsno datano data
Justin Oliver
Independent Director1.8yrsno datano data

1.8yrs

Average Tenure

Experienced Board: MXRS.F's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Coin Hodl Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Coin Hodl Inc.
  • Ticker: MXRS.F
  • Exchange: OTCPK
  • Founded: 1998
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: CA$2.198m
  • Listing Market Cap: CA$1.645m
  • Shares outstanding: 14.65m
  • Website: https://www.coinhodlinc.com

Location

  • Coin Hodl Inc.
  • 82 Richmond Street East
  • Suite 200
  • Toronto
  • Ontario
  • M5C 1P1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
COINTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 2009
76MADB (Deutsche Boerse AG)YesCommon SharesDEEURNov 2009
MXRS.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 2009

Biography

COIN Hodl Inc. operates as a merchant banking and financial advisory company that focuses on the small-cap market, with investments in cryptocurrency and blockchain sectors. The company was incorporated in 1998 and is based in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 01:27
End of Day Share Price2020/02/27 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.