OTCPK:MSRT

Stock Analysis Report

Executive Summary

MassRoots, Inc., together with its subsidiaries, operates a technology platform for the cannabis industry in the United States.

Snowflake

Fundamentals

Worrying balance sheet with weak fundamentals.

Risks

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

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-11.4%

OTCPK:MSRT

-0.003%

US Healthcare Services

-0.02%

US Market


1 Year Return

-97.2%

OTCPK:MSRT

8.6%

US Healthcare Services

1.6%

US Market

MSRT underperformed the Healthcare Services industry which returned 9.4% over the past year.

MSRT underperformed the Market in United States of America which returned 1.9% over the past year.


Share holder returns

MSRTIndustryMarket
7 Day-11.4%-0.003%-0.02%
30 Day-29.1%-5.0%2.7%
90 Day-86.1%-5.6%1.4%
1 Year-97.2%-97.2%8.7%8.6%3.8%1.6%
3 Year-99.2%-99.2%49.3%49.0%45.2%35.8%
5 Yearn/a49.4%48.5%61.8%44.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


In this section, we usually try to help investors determine whether MassRoots is trading at an attractive price based on the cash flow it is expected to produce in the future. But as MassRoots 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 MSRT’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 MassRoots regulatory filings here.
  • Explore potentially undervalued companies in the Healthcare industry.

Future Growth

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

27.7%

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 MassRoots 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 MSRT’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 MassRoots's filings and announcements here.
  • Explore growth companies in the Healthcare industry.

Past Performance

How has MassRoots performed over the past 5 years?

-33.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

MassRoots does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

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

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


Return on Equity

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


Return on Assets

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


Return on Capital Employed

It is difficult to establish if MassRoots 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 MassRoots's financial position?


Financial Position Analysis

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

MassRoots has no long term commitments.


Debt to Equity History and Analysis

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

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


Balance Sheet

Low level of unsold assets.

MassRoots 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.

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

MassRoots has less than a year of cash runway if free cash flow continues to reduce at historical rates of -4.6% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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

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

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

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


Current Payout to Shareholders

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

2.4yrs

Average board tenure


CEO

Isaac Dietrich (27yo)

1.8yrs

Tenure

US$372,127

Compensation

Mr. Isaac Dietrich is the Founder of MassRoots, Inc., its Chief Executive Officer and Chairman since December 13, 2017 and has been a Director Since inception on April 26, 2013. In addition, he previously  ...


CEO Compensation Analysis

Isaac's remuneration is about average for companies of similar size in United States of America.

Isaac's compensation has increased whilst company is loss making.


Board Age and Tenure

2.4yrs

Average Tenure

The average tenure for the MassRoots board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Jesus Quintero (57yo)

    Chief Financial Officer

    • Tenure: 1.7yrs
    • Compensation: US$338.50k
  • Isaac Dietrich (27yo)

    CEO & Chairman

    • Tenure: 1.8yrs
    • Compensation: US$372.13k

Board Members

  • Steve Markowitz (48yo)

    Member of Board of Advisors

    • Tenure: 3yrs
  • Isaac Dietrich (27yo)

    CEO & Chairman

    • Tenure: 1.8yrs
    • Compensation: US$372.13k
  • Anthony Nystrom

    Member of Advisory Board

    • Tenure: 3.3yrs
  • Robert Hymers

    Member of Strategic Advisory Board

    • Tenure: 0.5yrs

Company Information

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


Key Information

  • Name: MassRoots, Inc.
  • Ticker: MSRT
  • Exchange: OTCPK
  • Founded: 2013
  • Industry: Health Care Technology
  • Sector: Healthcare
  • Market Cap: US$1.348m
  • Shares outstanding: 345.60m
  • Website: https://www.massroots.com

Number of Employees


Location

  • MassRoots, Inc.
  • 7083 Hollywood Boulevard
  • Office 4084
  • Los Angeles
  • California
  • 90028
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MSRTOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMar 2015
2R1BST (Boerse-Stuttgart)YesCommon StockDEEURMar 2015

Biography

MassRoots, Inc., together with its subsidiaries, operates a technology platform for the cannabis industry in the United States. Its platform enables users to share their cannabis content, follow their favo ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/19 00:43
End of Day Share Price2019/09/18 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.