OTCPK:MSRT

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

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


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.


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

Stable Share Price: MSRT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

MSRT

-1.1%

US Healthcare Services

-2.4%

US Market


1 Year Return

-43.8%

MSRT

58.8%

US Healthcare Services

12.0%

US Market

Return vs Industry: MSRT underperformed the US Healthcare Services industry which returned 57.4% over the past year.

Return vs Market: MSRT underperformed the US Market which returned 10.9% over the past year.


Shareholder returns

MSRTIndustryMarket
7 Day0%-1.1%-2.4%
30 Day-34.4%-3.4%-6.5%
90 Day-46.2%12.1%8.4%
1 Year-43.8%-43.8%59.3%58.8%14.5%12.0%
3 Year-99.4%-99.4%95.2%93.7%34.8%25.8%
5 Year-99.9%-99.9%156.4%153.7%82.1%61.6%

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 compared to its fair value and its price relative to the 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 forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

38.3%

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 theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access MassRoots's filings and announcementshere.
  • Explore growth companies in the Healthcare industry.

Past Performance

How has MassRoots performed over the past 5 years?

-65.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MSRT is currently unprofitable.

Growing Profit Margin: MSRT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MSRT is unprofitable, and losses have increased over the past 5 years at a rate of 65% per year.

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

Earnings vs Industry: MSRT is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare Services industry (-4.8%).


Return on Equity

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


Next Steps

Financial Health

How is MassRoots's financial position?


Financial Position Analysis

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

Long Term Liabilities: MSRT 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: MSRT has negative shareholder equity, which is a more serious situation than a high debt level.

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


Balance Sheet


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: MSRT has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: MSRT is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate MSRT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MSRT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MSRT'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 MSRT's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.4yrs

Average board tenure


CEO

Isaac Dietrich (28 yo)

2.75yrs

Tenure

US$407,000

Compensation

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


CEO Compensation Analysis

Compensation vs Market: Isaac's total compensation ($USD407.00K) is below average for companies of similar size in the US market ($USD606.89K).

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


Board Members

NamePositionTenureCompensationOwnership
Isaac Dietrich
CEO & Chairman2.75yrsUS$407.00k1.27%
$ 37.3k
Steven Markowitz
Member of Board of Advisors4yrsno data0%
$ 0
Robert Hymers
Member of Strategic Advisory Board1.5yrsno data0%
$ 0
Anthony Nystrom
Member of Advisory Board4.25yrsno datano data

3.4yrs

Average Tenure

37yo

Average Age

Experienced Board: MSRT's board of directors are considered experienced (3.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 296.3%.


Top Shareholders

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$2.943m
  • Shares outstanding: 1.40b
  • 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 Analysis2020/09/26 06:26
End of Day Share Price2020/09/25 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.