OTCPK:UBID

Stock Analysis Report

Executive Summary

Sunrise Bidders, Inc. operates an online auction and fixed price marketplace for selling new, excess, closeout, and recertified products.


Snowflake Analysis

Overvalued with worrying balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-20.3%

UBID

-1.1%

US Interactive Media and Services

-2.0%

US Market


1 Year Return

-90.5%

UBID

-14.1%

US Interactive Media and Services

-15.1%

US Market

Return vs Industry: UBID underperformed the US Interactive Media and Services industry which returned -14.1% over the past year.

Return vs Market: UBID underperformed the US Market which returned -15.1% over the past year.


Shareholder returns

UBIDIndustryMarket
7 Day-20.3%-1.1%-2.0%
30 Day-42.1%-17.8%-19.7%
90 Day37.5%-22.8%-23.2%
1 Year-90.5%-90.5%-14.0%-14.1%-13.4%-15.1%
3 Yearn/a17.0%16.9%10.9%3.7%
5 Yearn/a65.9%65.5%28.4%14.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is uBid Holdings undervalued compared to its fair value and its price relative to the market?

0.89x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate UBID's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate UBID's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: UBID is unprofitable, so we can't compare its PE Ratio to the Interactive Media and Services industry average.

PE vs Market: UBID is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate UBID's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: UBID is good value based on its PB Ratio (0.9x) compared to the US Interactive Media and Services industry average (1.8x).


Next Steps

Future Growth

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

14.0%

Forecasted Media 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 uBid Holdings 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 UBID’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 uBid Holdings's filings and announcements here.
  • Explore growth companies in the Media industry.

Past Performance

How has uBid Holdings performed over the past 5 years?

-196.1%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: UBID is currently unprofitable.

Growing Profit Margin: UBID is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if UBID's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: UBID is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (5.5%).


Return on Equity

High ROE: UBID has a negative Return on Equity (-133.45%), as it is currently unprofitable.


Next Steps

Financial Health

How is uBid Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: UBID's short term assets ($866.0K) do not cover its short term liabilities ($7.7M).

Long Term Liabilities: UBID has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: UBID's debt to equity ratio (147.3%) is considered high.

Reducing Debt: Insufficient data to determine if UBID's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: UBID has a low level of unsold assets or inventory.

Debt Coverage by Assets: UBID's debt is not covered by short term assets (assets are 0.2x 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.

Stable Cash Runway: Insufficient data to determine if UBID has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if UBID has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if UBID'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 UBID'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?

1.4yrs

Average management tenure


CEO

Ketan Thakker (51yo)

5.67s

Tenure

US$200,000

Compensation

Mr. Ketan Thakker has been Chairman, President and Chief Executive Officer at uBid Holdings, Inc (aka Incumaker, Inc) since August 2014. Mr. Thakker joined uBid Holdings, Inc as Chief Financial Officer in  ...


CEO Compensation Analysis

Compensation vs Market: Ketan's total compensation ($USD200.00K) is below average for companies of similar size in the US market ($USD618.59K).

Compensation vs Earnings: Ketan's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Ketan Thakker
Chairman5.67yrsUS$200.00k20.54% $508.3k
Michael Hering
Chief Merchandising Officer1.42yrsUS$20.89k28.71% $710.5k
Salvatore Esposito
Chief Operating Officer1.42yrsno data3.01% $74.4k
Nancy Ragont
Vice President of Marketingno datano datano data

1.4yrs

Average Tenure

60yo

Average Age

Experienced Management: UBID's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Ketan Thakker
Chairman5.67yrsUS$200.00k20.54% $508.3k
Howard Tullman
Member of Board of Advisorsno datano datano data
Kevin Harrington
Independent Director1.17yrsno data0.17% $4.1k
Mitchell Wingo
Independent Director1.17yrsno data0.17% $4.1k
Paul Danner
Independent Director1.17yrsno data0.17% $4.1k

1.2yrs

Average Tenure

61yo

Average Age

Experienced Board: UBID's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


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 62.6%.


Top Shareholders

Company Information

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


Key Information

  • Name: uBid Holdings, Inc.
  • Ticker: UBID
  • Exchange: OTCPK
  • Founded: 1997
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: US$2.475m
  • Shares outstanding: 449.96m
  • Website: https://www.ubid.com

Number of Employees


Location

  • uBid Holdings, Inc.
  • 566 West Adams Street
  • Chicago
  • Illinois
  • 60661
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UBIDOTCPK (Pink Sheets LLC)YesCommon StockUSUSDNov 2018

Biography

Sunrise Bidders, Inc. operates an online auction and fixed price marketplace for selling new, excess, closeout, and recertified products. It offers computer products, including components, desktop computers, drives, laptop computers, monitors, netbooks, networking, PDAs, printers and scanners, servers, and software; and collectibles, such as coins, sports memorabilia, and other collectibles. The company also provides electronics, which include camcorders, car electronics, cell phones, digital cameras, digital picture frames, DVD players and DVRs, GPS systems, headphones, home audio, home security, iPod and MP3 players, portable electronics, speakers, telephones, video accessories, and video games; and fine art products. In addition, it offers jewelry, such as bracelets and anklets, earrings, men’s jewelry, necklaces, pendants and lockets, and rings; flat panel televisions, home theater projectors, and television accessories; and men’s and ladies watches. It serves B2B customers in the SMB, government, and healthcare industries. The company was founded in 1997 and is based in Chicago, Illinois. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/04 03:35
End of Day Share Price2020/04/03 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.