OTCPK:JSDA

Stock Analysis Report

Executive Summary

Jones Soda Co., together with its subsidiaries, develops, produces, markets, and distributes beverages primarily in the United States and Canada.

Snowflake

Fundamentals

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

How has Jones Soda's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-15.2%

JSDA

-0.2%

US Beverage

1.3%

US Market


1 Year Return

7.9%

JSDA

17.3%

US Beverage

5.9%

US Market

Return vs Industry: JSDA underperformed the US Beverage industry which returned 17.3% over the past year.

Return vs Market: JSDA exceeded the US Market which returned 5.9% over the past year.


Shareholder returns

JSDAIndustryMarket
7 Day-15.2%-0.2%1.3%
30 Day-21.7%-1.2%-1.9%
90 Day-42.0%1.1%-1.8%
1 Year7.9%7.9%20.4%17.3%8.3%5.9%
3 Year5.0%5.0%33.2%22.9%45.6%36.2%
5 Year-13.6%-13.6%55.4%35.7%66.1%47.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Jones Soda undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Jones Soda is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Jones Soda 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.


Next Steps

  • Take a look at our analysis of JSDA’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.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Jones Soda regulatory filings here.
  • Explore potentially undervalued companies in the Food, Beverage & Tobacco industry.

Future Growth

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

12.1%

Forecasted Food, Beverage & Tobacco 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 Jones Soda 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 Jones Soda performed over the past 5 years?

-8.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: JSDA is unprofitable, and losses have increased over the past 5 years at a rate of -8.4% per year.

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

Earnings vs Industry: JSDA is unprofitable, making it difficult to compare its past year earnings growth to the Beverage industry (-1.9%).


Return on Equity

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


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Jones Soda's financial position?


Financial Position Analysis

Short Term Liabilities: JSDA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: JSDA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: JSDA has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: JSDA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: JSDA has a high level of physical assets or inventory.

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

Forecast Cash Runway: JSDA has less than a year of cash runway if free cash flow continues to reduce at historical rates of -75.1% each year


Next Steps

Dividend

What is Jones Soda's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Growing Dividend: Insufficient data to determine if JSDA'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 JSDA'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 Jones Soda's salary, the management and board of directors tenure and is there insider trading?

1.9yrs

Average management tenure


CEO

Jennifer Cue (55yo)

7.3yrs

Tenure

US$122,347

Compensation

Ms. Jennifer L. Cue has been the Chief Executive Officer and President of Jones Soda Co. since June 27, 2012 and serves as its Acting Principal Financial Officer. Prior to that, Ms. Cue served as an Interi ...


CEO Compensation Analysis

Compensation vs. Market: Jennifer's total compensation ($USD122.35K) is about average for companies of similar size in the US market ($USD495.77K).

Compensation vs Earnings: Jennifer's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

1.9yrs

Average Tenure

Experienced Management: JSDA's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Age and Tenure

2.2yrs

Average Tenure

62.5yo

Average Age

Experienced Board: JSDA's board of directors are not considered experienced ( 2.2 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

BuyUS$542,36019 Jul 19
SOL Global Investments Corp.
EntityCompany
Shares826,888
Max PriceUS$0.76
BuyUS$454,64628 Mar 19
SOL Global Investments Corp.
EntityCompany
Shares670,000
Max PriceUS$0.72
BuyUS$1,349,47325 Mar 19
SOL Global Investments Corp.
EntityCompany
Shares3,396,049
Max PriceUS$0.49

Ownership Breakdown


Management Team

  • Jennifer Cue (55yo)

    President

    • Tenure: 7.3yrs
    • Compensation: US$122.35k
  • Eric Chastain (48yo)

    COO & Corporate Secretary

    • Tenure: 5.3yrs
    • Compensation: US$124.48k
  • Andrew Baumann

    Director of Marketing

    • Tenure: 0yrs
  • Steve Gress

    Executive Vice President of U.S. Sales

    • Tenure: 1.9yrs
  • - Joe

    Accounting Manager

    • Tenure: 0.3yrs
  • Maisie Antoniello

    Vice President of Marketing

    • Tenure: 0.08yrs

Board Members

  • Jennifer Cue (55yo)

    President

    • Tenure: 7.3yrs
    • Compensation: US$122.35k
  • Mick Fleming (70yo)

    Chairman of the Board

    • Tenure: 7.3yrs
    • Compensation: US$31.75k
  • Clive Sirkin (55yo)

    Director

    • Tenure: 0.2yrs
  • Jeff Anderson (71yo)

    Director

    • Tenure: 2.2yrs
    • Compensation: US$30.38k
  • Paul Norman

    Director

    • Tenure: 0.2yrs

Company Information

Jones Soda Co.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jones Soda Co.
  • Ticker: JSDA
  • Exchange: OTCPK
  • Founded: 1986
  • Industry: Soft Drinks
  • Sector: Food, Beverage & Tobacco
  • Market Cap: US$23.584m
  • Shares outstanding: 60.71m
  • Website: https://www.jonessoda.com

Number of Employees


Location

  • Jones Soda Co.
  • 66 South Hanford Street
  • Suite 150
  • Seattle
  • Washington
  • 98134
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JSDAOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMay 1992

Biography

Jones Soda Co., together with its subsidiaries, develops, produces, markets, and distributes beverages primarily in the United States and Canada. It provides Jones Soda, a premium carbonated soft drink; Le ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:45
End of Day Share Price2019/10/14 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.