OTCPK:GLDG

Stock Analysis Report

Executive Summary

Golden Global Corp. does not have significant operations.

Snowflake

Fundamentals

Slightly overvalued with questionable track record.

Risks

  • Golden Global is not covered by any analysts.

Share Price & News

How has Golden Global's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

GLDG

-0.3%

US Healthcare

-0.6%

US Market


1 Year Return

-99.9%

GLDG

-9.2%

US Healthcare

0.7%

US Market

GLDG underperformed the Healthcare industry which returned 4.9% over the past year.

GLDG underperformed the Market in United States of America which returned 5.8% over the past year.


Share holder returns

GLDGIndustryMarket
7 Day0%-0.3%-0.6%
30 Dayn/a2.1%4.9%
90 Dayn/a-0.8%1.7%
1 Year-99.9%-99.9%-7.8%-9.2%3.0%0.7%
3 Year-99.9%-99.9%29.7%24.4%44.8%35.4%
5 Year-100.0%-100.0%66.1%56.2%62.0%44.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

0.00001x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Golden Global to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Golden Global to establish if it is available at substantial discount.


Price Based on Earnings

Golden Global is good value based on earnings compared to the US Healthcare industry average.

Golden Global is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

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


Price Based on Value of Assets

Golden Global has negative assets, we can't compare the value of its assets to the US Healthcare industry average.


Next Steps

Future Growth

How is Golden Global 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 Golden Global 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 GLDG’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 Golden Global's filings and announcements here.
  • Explore growth companies in the Healthcare industry.

Past Performance

How has Golden Global performed over the past 5 years?

8.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Golden Global's year on year earnings growth rate has been positive over the past 5 years.

Golden Global has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Golden Global has become profitable in the last year making it difficult to compare the US Healthcare industry average.


Return on Equity

It is difficult to establish if Golden Global has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

Golden Global used its assets more efficiently than the US Healthcare industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Golden Global improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.


Next Steps

Financial Health

How is Golden Global's financial position?


Financial Position Analysis

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

Golden Global has no long term commitments.


Debt to Equity History and Analysis

Golden Global has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if Golden Global's debt level has increased considering it has negative shareholder equity.

Operating cash flow is negative therefore debt is not well covered.

Golden Global earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Golden Global has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Next Steps

Dividend

What is Golden Global's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

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

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

Unable to perform a dividend volatility check as Golden Global has not reported any payouts.

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


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Golden Global 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 Golden Global's salary, the management and board of directors tenure and is there insider trading?

US$270k

CEO Compensation


CEO

Erik Blum (52yo)

3yrs

Tenure

US$270,000

Compensation

Mr. Erik Blum has been Chief Executive Officer of Golden Global Corp. since March 3, 2016 and also serves as Chief Financial Officer, Chairman, Secretary and Director of Golden Global Corp. Mr. Blum served ...


CEO Compensation Analysis

Insufficient data for Erik to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.

Erik's compensation has been consistent with company performance over the past year.


Insider Trading

No 3 month insider trading information.


Ownership Breakdown


Management Team

  • John Hope (73yo)

    Mining Consultant

    • Tenure: 0yrs
    • Compensation: US$167.72k
  • Erik Blum (52yo)

    CEO, CFO

    • Tenure: 3yrs
    • Compensation: US$270.00k
  • Edward Dees (42yo)

    Chief Operating Officer

    • Tenure: 1.5yrs

Board Members

  • Erik Blum (52yo)

    CEO, CFO

    • Tenure: 3yrs
    • Compensation: US$270.00k

Company Information

Golden Global Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Golden Global Corp.
  • Ticker: GLDG
  • Exchange: OTCPK
  • Founded: 2009
  • Industry: Health Care Distributors
  • Sector: Healthcare
  • Market Cap: US$3.740k
  • Shares outstanding: 37.41m
  • Website: https://www.goldenglobalcorp.com

Number of Employees


Location

  • Golden Global Corp.
  • 21573 San Germain Drive
  • Boca Raton
  • Florida
  • 33433
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GLDGOTCPK (Pink Sheets LLC)YesCommon StockUSUSDAug 2011

Biography

Golden Global Corp. does not have significant operations. Previously, it operated as a medical supply company. It focuses on legal medical and recreational marijuana grow operation. The company was founded ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/03/29 00:29
End of Day Share Price2019/03/04 00:00
Earnings2018/03/31
Annual Earnings2017/06/30


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.