OTCPK:DRVD

Stock Analysis Report

Executive Summary

Driven Deliveries, Inc. engages in providing delivery services of legal cannabis products to consumers in California and Nevada.

Snowflake

Fundamentals

Worrying balance sheet with weak fundamentals.

Risks

  • Driven Deliveries has significant price volatility in the past 3 months.
  • Driven Deliveries is not covered by any analysts.

Share Price & News

How has Driven Deliveries's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

6.1%

DRVD

-0.04%

US Healthcare

-0.6%

US Market


1 Year Return

443.7%

DRVD

-9.1%

US Healthcare

0.7%

US Market

DRVD outperformed the Healthcare industry which returned -9.1% over the past year.

DRVD outperformed the Market in United States of America which returned 0.6% over the past year.


Share holder returns

DRVDIndustryMarket
7 Day6.1%-0.04%-0.6%
30 Day-2.1%1.0%2.9%
90 Day-39.1%-1.5%1.3%
1 Year443.7%443.7%-7.7%-9.1%2.9%0.7%
3 Yearn/a29.6%24.3%44.6%35.2%
5 Yearn/a66.1%56.2%61.9%44.2%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Driven Deliveries undervalued based on future cash flows and its price relative to the stock market?

45.64x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Driven Deliveries to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Driven Deliveries to establish if it is available at substantial discount.


Price Based on Earnings

Driven Deliveries is loss making, we can't compare its value to the US Healthcare industry average.

Driven Deliveries is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Driven Deliveries, we can't assess if its growth is good value.


Price Based on Value of Assets

Driven Deliveries is overvalued based on assets compared to the US Healthcare industry average.


Next Steps

Future Growth

How is Driven Deliveries expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.1%

Forecasted Healthcare 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 Driven Deliveries 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 DRVD’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 Driven Deliveries's filings and announcements here.
  • Explore growth companies in the Healthcare industry.

Past Performance

How has Driven Deliveries performed over the past 5 years?

-235.5%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Driven Deliveries does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.

Unable to compare Driven Deliveries's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Driven Deliveries's 1-year growth to the US Healthcare industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Driven Deliveries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Driven Deliveries has efficiently used its assets last year compared to the US Healthcare industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Driven Deliveries improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Driven Deliveries's financial position?


Financial Position Analysis

Driven Deliveries's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Driven Deliveries's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Driven Deliveries's level of debt (3.4%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Driven Deliveries's debt level has increased without past 5-year debt data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 26x debt.


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.

Driven Deliveries has less than a year of cash runway based on current free cash flow.

Driven Deliveries has less than a year of cash runway if free cash flow continues to grow at historical rates of 101.9% each year.


Next Steps

Dividend

What is Driven Deliveries's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Driven Deliveries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Driven Deliveries's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Driven Deliveries has not reported any payouts.

Unable to verify if Driven Deliveries's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Driven Deliveries has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Driven Deliveries's salary, the management and board of directors tenure and is there insider trading?


CEO

Driven Deliveries has no CEO, or we have no data on them.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team


    Board Members

      Company Information

      Driven Deliveries, Inc.'s company bio, employee growth, exchange listings and data sources


      Key Information

      • Name: Driven Deliveries, Inc.
      • Ticker: DRVD
      • Exchange: OTCPK
      • Founded: 2013
      • Industry: Health Care Distributors
      • Sector: Healthcare
      • Market Cap: US$34.423m
      • Shares outstanding: 49.18m
      • Website: https://www.drvd.com

      Number of Employees


      Location

      • Driven Deliveries, Inc.
      • 5710 Kearny Villa Road
      • Suite 205
      • San Diego
      • California
      • 92123
      • United States

      Listings

      TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
      DRVDOTCPK (Pink Sheets LLC)YesCommon StockUSUSDAug 2018

      Biography

      Driven Deliveries, Inc. engages in providing delivery services of legal cannabis products to consumers in California and Nevada. The company was formerly known as Results-Based Outsourcing Inc. and changed ...


      Company Analysis and Financial Data Status

      All financial data provided by Standard & Poor's Capital IQ.
      DataLast Updated (UTC time)
      Company Analysis2019/09/22 00:48
      End of Day Share Price2019/09/20 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.