Loading...

OTC Markets Group

OTCPK:OTCM
Snowflake Description

Flawless balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OTCM
OTCPK
$419M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

OTC Markets Group Inc. engages in the financial market business in the United States. The last earnings update was 98 days ago. More info.


Add to Portfolio Compare Print
OTCM Share Price and Events
7 Day Returns
-2.7%
OTCPK:OTCM
-0.4%
US Capital Markets
0.5%
US Market
1 Year Returns
43.3%
OTCPK:OTCM
-8.7%
US Capital Markets
2%
US Market
OTCM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
OTC Markets Group (OTCM) -2.7% 15.7% 14.5% 43.3% 149.6% 353.1%
US Capital Markets -0.4% 5.9% -0.2% -8.7% 68.2% 63.1%
US Market 0.5% 6.3% 1.9% 2% 45.1% 40.5%
1 Year Return vs Industry and Market
  • OTCM outperformed the Capital Markets industry which returned -8.7% over the past year.
  • OTCM outperformed the Market in United States of America which returned 2% over the past year.
Price Volatility
OTCM
Industry
5yr Volatility vs Market

Value

 Is OTC Markets Group undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of OTC Markets Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for OTC Markets Group.

OTCPK:OTCM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $1.60 * 62.7%
$1.00
Book Value of Equity per Share Median Book Value from the past 5 years. $1.60
Discount Rate (Cost of Equity) See below 8.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:OTCM
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 7.3%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.74
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.742 (1 + (1- 21%) (0%))
0.742
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.8 * 7.27%)
8.55%

Discounted Cash Flow Calculation for OTCPK:OTCM using Excess Returns Model Model

The calculations below outline how an intrinsic value for OTC Markets Group is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

OTCPK:OTCM Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (62.7% – 8.55%) * $1.60)
$0.86
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $0.86 / (8.55% - 2.73%)
$14.87
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $1.60 + $14.87
$16.47
OTCPK:OTCM Discount to Share Price
Calculation Result
Value per share (USD) From above. $16.47
Current discount Discount to share price of $36.25
= -1 x ($36.25 - $16.47) / $16.47
-120.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of OTC Markets Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 OTC Markets Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are OTC Markets Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:OTCM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $1.31
OTCPK:OTCM Share Price ** OTCPK (2019-02-13) in USD $36.25
United States of America Capital Markets Industry PE Ratio Median Figure of 70 Publicly-Listed Capital Markets Companies 19.5x
United States of America Market PE Ratio Median Figure of 3,046 Publicly-Listed Companies 16.95x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of OTC Markets Group.

OTCPK:OTCM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:OTCM Share Price ÷ EPS (both in USD)

= 36.25 ÷ 1.31

27.74x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OTC Markets Group is overvalued based on earnings compared to the US Capital Markets industry average.
  • OTC Markets Group is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does OTC Markets Group's expected growth come at a high price?
Raw Data
OTCPK:OTCM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 27.74x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
7%per year
United States of America Capital Markets Industry PEG Ratio Median Figure of 35 Publicly-Listed Capital Markets Companies 2.13x
United States of America Market PEG Ratio Median Figure of 2,117 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

OTCPK:OTCM PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 27.74x ÷ 7%

3.97x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OTC Markets Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on OTC Markets Group's assets?
Raw Data
OTCPK:OTCM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $1.87
OTCPK:OTCM Share Price * OTCPK (2019-02-13) in USD $36.25
United States of America Capital Markets Industry PB Ratio Median Figure of 134 Publicly-Listed Capital Markets Companies 4.78x
United States of America Market PB Ratio Median Figure of 5,122 Publicly-Listed Companies 1.81x
OTCPK:OTCM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:OTCM Share Price ÷ Book Value per Share (both in USD)

= 36.25 ÷ 1.87

19.34x

* Primary Listing of OTC Markets Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OTC Markets Group is overvalued based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess OTC Markets Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. OTC Markets Group has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is OTC Markets Group expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth 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 it right!
Annual Growth Rate
7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is OTC Markets Group expected to grow at an attractive rate?
  • OTC Markets Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • OTC Markets Group's earnings growth is positive but not above the United States of America market average.
  • OTC Markets Group's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:OTCM Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:OTCM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 7%
OTCPK:OTCM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 4.6%
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 5.9%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 3.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:OTCM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:OTCM Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 62 25 18 1
2019-12-31 60 23 16 2
2018-12-31 57 20 16 2
OTCPK:OTCM Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 55 19 15
2018-06-30 54 20 14
2018-03-31 53 17 13
2017-12-31 52 16 12
2017-09-30 51 16 12
2017-06-30 50 16 12
2017-03-31 49 17 11
2016-12-31 49 16 10
2016-09-30 49 15 10
2016-06-30 49 14 11
2016-03-31 49 16 10
2015-12-31 48 17 10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • OTC Markets Group's earnings are expected to grow by 7% yearly, however this is not considered high growth (20% yearly).
  • OTC Markets Group's revenue is expected to grow by 4.6% yearly, however this is not considered high growth (20% yearly).
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.
Raw Data
OTCPK:OTCM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from OTC Markets Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:OTCM Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 1.52 1.52 1.52 1.00
2019-12-31 1.42 1.42 1.42 1.00
2018-12-31 1.37 1.37 1.37 1.00
OTCPK:OTCM Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 1.31
2018-06-30 1.23
2018-03-31 1.16
2017-12-31 1.10
2017-09-30 1.08
2017-06-30 1.04
2017-03-31 0.99
2016-12-31 0.92
2016-09-30 0.95
2016-06-30 0.95
2016-03-31 0.94
2015-12-31 0.91

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • OTC Markets Group is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess OTC Markets Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
OTC Markets Group has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has OTC Markets Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare OTC Markets Group's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • OTC Markets Group's year on year earnings growth rate has been positive over the past 5 years.
  • OTC Markets Group's 1-year earnings growth exceeds its 5-year average (22% vs 18.1%)
  • OTC Markets Group's earnings growth has not exceeded the US Capital Markets industry average in the past year (22% vs 52.7%).
Earnings and Revenue History
OTC Markets Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from OTC Markets Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:OTCM Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 55.05 14.67 34.51
2018-06-30 54.05 13.79 34.17
2018-03-31 53.14 12.93 33.30
2017-12-31 52.18 12.24 32.51
2017-09-30 51.23 12.02 31.48
2017-06-30 50.25 11.55 30.60
2017-03-31 49.16 10.97 30.21
2016-12-31 48.57 10.25 30.03
2016-09-30 48.75 10.48 29.75
2016-06-30 48.99 10.55 29.76
2016-03-31 48.76 10.43 29.55
2015-12-31 47.53 9.97 28.97
2015-09-30 45.65 9.71 28.17
2015-06-30 43.56 8.58 27.25
2015-03-31 41.38 7.83 26.54
2014-12-31 39.83 7.64 25.38
2014-09-30 37.75 6.58 24.89
2014-06-30 36.03 6.08 24.36
2014-03-31 34.86 5.91 23.90
2013-12-31 33.64 5.47 23.70
2013-09-30 33.57 5.49 23.55
2013-06-30 33.31 5.25 23.68
2013-03-31 33.25 5.28 23.07
2012-12-31 33.18 5.36 22.61
2012-09-30 33.20 5.07 23.26
2012-06-30 32.55 5.27 22.60
2012-03-31 31.71 5.04 22.54

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • OTC Markets Group made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • OTC Markets Group used its assets more efficiently than the US Capital Markets industry average last year based on Return on Assets.
  • OTC Markets Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess OTC Markets Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
OTC Markets Group has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is OTC Markets Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up OTC Markets Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • OTC Markets Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • OTC Markets Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of OTC Markets Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • OTC Markets Group has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from OTC Markets Group Company Filings, last reported 4 months ago.

OTCPK:OTCM Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 21.10 0.00 26.09
2018-06-30 17.96 0.00 24.98
2018-03-31 15.45 0.00 22.74
2017-12-31 13.79 0.00 23.68
2017-09-30 19.25 0.00 24.60
2017-06-30 17.43 0.00 22.60
2017-03-31 15.93 0.00 23.50
2016-12-31 15.51 0.00 25.03
2016-09-30 20.84 0.00 25.11
2016-06-30 19.70 0.00 23.27
2016-03-31 18.39 0.00 22.65
2015-12-31 17.55 0.00 23.93
2015-09-30 22.73 0.00 24.38
2015-06-30 21.25 0.00 23.96
2015-03-31 19.58 0.00 21.11
2014-12-31 18.25 0.00 20.27
2014-09-30 21.67 0.00 19.14
2014-06-30 21.20 0.00 17.52
2014-03-31 20.05 0.00 17.43
2013-12-31 18.70 0.00 18.94
2013-09-30 17.52 0.00 13.69
2013-06-30 16.47 0.00 12.29
2013-03-31 15.42 0.00 12.36
2012-12-31 14.52 0.00 13.61
2012-09-30 15.83 0.00 13.67
2012-06-30 14.96 0.00 12.65
2012-03-31 13.78 0.00 12.65
  • OTC Markets Group has no debt.
  • OTC Markets Group has not taken on any debt in the past 5 years.
  • OTC Markets Group has no debt, it does not need to be covered by operating cash flow.
  • OTC Markets Group has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess OTC Markets Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. OTC Markets Group has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is OTC Markets Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.45%
Current annual income from OTC Markets Group dividends. Estimated to be 1.66% next year.
If you bought $2,000 of OTC Markets Group shares you are expected to receive $69 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • OTC Markets Group's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.43%).
  • OTC Markets Group's dividend is below the markets top 25% of dividend payers in United States of America (3.62%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:OTCM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 2.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1997 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:OTCM Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.60 1.00
2019-12-31 0.60 1.00
2018-12-31 0.58 1.00
OTCPK:OTCM Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-11-08 1.250 4.089
2018-11-07 1.250 3.900
2018-08-14 1.200 4.081
2018-05-08 1.160 4.081
2018-03-06 1.160 4.257
2017-11-08 1.160 4.342
2017-08-09 1.160 4.177
2017-05-03 1.160 4.908
2017-03-01 1.160 5.479
2016-11-03 1.160 5.653
2016-05-04 1.160 6.747
2016-03-02 1.160 6.958
2015-11-11 0.560 3.600
2015-08-05 0.560 3.978
2015-05-07 0.400 2.642
2014-11-12 0.400 2.662
2014-08-13 0.400 3.023
2014-05-13 0.240 2.171
2014-03-05 0.240 2.820
2013-11-13 0.240 3.077
2013-11-12 0.240 3.115
2013-08-08 0.240 3.094
2013-03-05 0.240 2.959
2012-11-12 0.200 2.582
2012-08-13 0.200 2.681
2012-05-14 0.200 2.941
2012-03-16 0.200 3.028
2011-11-14 0.160 2.828
2011-08-16 0.160 3.112
2011-05-16 0.160 2.855
2011-03-15 0.160 2.753
2010-11-15 0.160 2.674
2010-08-16 0.160 2.621
2010-05-18 0.160 2.498
2010-03-09 0.160 2.559
2009-11-10 0.160 3.285
2009-09-16 0.120 2.131

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, OTC Markets Group has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but OTC Markets Group only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of OTC Markets Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.5x coverage).
X
Income/ dividend checks
We assess OTC Markets Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can OTC Markets Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. OTC Markets Group has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

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.
CEO
Robert Coulson
COMPENSATION $940,940
AGE 51
TENURE AS CEO 22.1 years
CEO Bio

Mr. Robert Cromwell Coulson serves as the Chief Executive Officer and President of OTC Markets Group Inc. Mr.Coulson serves as Director of OTC Markets Group Inc. In 1997, Mr. Coulson led a group of investors in acquiring OTC Markets Group’s predecessor business, the National Quotation Bureau (NQB). He led the transformation of what was an opaque and inefficient market into a technology-driven Open, Transparent and Connected marketplace platform. Mr. Coulson served as an Institutional Trader and Portfolio Manager specializing in distressed and value-oriented investments at Carr Securities Corporation, an OTC market maker. He served as the Chairman of OTC Markets Group Inc. He serves as a Director of Polygon Investment Partners LLP. Cromwell is Chairman of the FINRA Market Regulation Committee that advises FINRA on rulemaking and trading issues. He is also a non-Executive Director of the S. W. Mitchell European Fund LP and its feeder funds, managed by S. W. Mitchell Capital, a specialist European equities investment boutique based in London Mr. Coulson received a BBA from Southern Methodist University in Dallas, TX and graduated from the Owner/President Management Program at Harvard Business School.

CEO Compensation
  • Robert's compensation has been consistent with company performance over the past year.
  • Robert's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the OTC Markets Group management team in years:

6.6
Average Tenure
45.5
Average Age
  • The average tenure for the OTC Markets Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Robert Coulson

TITLE
CEO, President & Director
COMPENSATION
$941K
AGE
51
TENURE
22.1 yrs

Bea Ordonez

TITLE
Chief Financial Officer
COMPENSATION
$520K
AGE
45
TENURE
3.2 yrs

Dan Zinn

TITLE
General Counsel & Corporate Secretary
COMPENSATION
$513K
AGE
40
TENURE
8.3 yrs

Jason Paltrowitz

TITLE
Director
COMPENSATION
$570K
AGE
45
TENURE
5.3 yrs

Liz Heese

TITLE
Executive Vice President of Issuer & Information Services
COMPENSATION
$466K
AGE
48

Matt Fuchs

TITLE
Executive Vice President of Market Data
COMPENSATION
$500K
AGE
42

Mike Modeski

TITLE
President of OTC Link LLC
COMPENSATION
$800K
AGE
46
TENURE
7.8 yrs

Bruce Ostrover

TITLE
Chief Technology Officer
AGE
55
TENURE
2.1 yrs

Kristie Harkins

TITLE
Chief Marketing Officer

John Viglotti

TITLE
SVP of Corporate Services - Investor Access
Board of Directors Tenure

Average tenure and age of the OTC Markets Group board of directors in years:

6.4
Average Tenure
52
Average Age
  • The tenure for the OTC Markets Group board of directors is about average.
Board of Directors

Neal Wolkoff

TITLE
Non-Executive Chairman
COMPENSATION
$115K
AGE
62
TENURE
5.3 yrs

Robert Coulson

TITLE
CEO, President & Director
COMPENSATION
$941K
AGE
51
TENURE
22.1 yrs

Andrew Wimpfheimer

TITLE
Director
COMPENSATION
$90K
AGE
61

Gary Baddeley

TITLE
Director
COMPENSATION
$83K
AGE
52

Louisa Schneider

TITLE
Director
COMPENSATION
$83K
AGE
41
TENURE
6.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess OTC Markets Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. OTC Markets Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Map
Description

OTC Markets Group Inc. engages in the financial market business in the United States. It offers OTC Link Alternative Trading System, which connects a network of brokers-dealers providing liquidity and execution services for various securities. The company also provides investors, traders, institutions, and regulators with a suite of enterprise and user level market data licenses through direct or extranet connectivity, third party market data redistributors, or order management systems. In addition, it offers OTC Disclosure & News Service for posting financial reports, disclosure documents, and news releases; Real-Time Level 2 Quote Display, a service that companies sponsor to provide their investors with access to real-time level 2 quotes available on otcmarkets.com; and Blue Sky Monitoring Service for analysis, review, and guidance about a company’s compliance with the United States securities laws. The company was formerly known as Pink OTC Markets Inc. and changed its name to OTC Markets Group Inc. in January 2011. OTC Markets Group Inc. was founded in 1904 and is headquartered in New York, New York.

Details
Name: OTC Markets Group Inc.
OTCM
Exchange: OTCPK
Founded: 1904
$418,610,360
11,547,872
Website: http://www.otcmarkets.com
Address: OTC Markets Group Inc.
304 Hudson Street,
3rd Floor,
New York,
New York, 10013,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK OTCM Class A Common Stock Pink Sheets LLC US USD 16. Sep 2009
Number of employees
Current staff
Staff numbers
90
OTC Markets Group employees.
Industry
Financial Exchanges and Data
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/14 00:34
End of day share price update: 2019/02/13 00:00
Last estimates confirmation: 2019/01/18
Last earnings filing: 2018/11/08
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.