OTCPK:LIGA

Stock Analysis Report

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Executive Summary

LIG Assets, Inc. focuses on residential and commercial real estate business in the state of Texas.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

LIGA

6.2%

US Real Estate

2.8%

US Market


1 Year Return

-47.6%

LIGA

-18.6%

US Real Estate

9.3%

US Market

Return vs Industry: LIGA underperformed the US Real Estate industry which returned -18.6% over the past year.

Return vs Market: LIGA underperformed the US Market which returned 9.3% over the past year.


Shareholder returns

LIGAIndustryMarket
7 Day0%6.2%2.8%
30 Day29.4%7.9%8.9%
90 Day1.6%-28.5%-0.5%
1 Year-47.6%-47.6%-18.0%-18.6%11.8%9.3%
3 Year-37.1%-37.1%-21.0%-22.8%31.4%22.7%
5 Year2100.0%2100.0%-26.3%-28.5%58.7%40.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is LIG Assets undervalued compared to its fair value and its price relative to the market?


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

Future Growth

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

19.6%

Forecasted Real Estate 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 LIG Assets 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 LIGA’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 LIG Assets's filings and announcements here.
  • Explore growth companies in the Real Estate industry.

Past Performance

How has LIG Assets performed over the past 5 years?

8.4%

Historical Real Estate annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, LIG Assets has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

  • When a company lacks a financial track record, its management’s track record becomes important. Corporate governance also plays an important role in a young business as board members are seen as highly-experienced leaders to help steer the company into the future. Take a look at LIG Assets's' management and board experience and expertise to assess their ability to deliver on their strategic promises.
  • 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 LIG Assets's filings and announcements here.
  • Explore strong past performing companies in the Real Estate industry.

Financial Health

How is LIG Assets's financial position?


In this section we usually analyse LIG Assets's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. LIG Assets has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of LIGA’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.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. 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.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when LIG Assets's financial data was last updated here.
  • Explore more healthy companies in the Real Estate industry.

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate LIGA'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 LIGA's dividends per share have been stable in the past.

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

2.1yrs

Average management tenure


CEO

Dakota Forgione

0.92

Tenure

Ms. Dakota Forgione serves as CEO and member of the Board of Directors of LIG Assets, Inc since July 30, 2019. Ms. Forgione attended the State University of New York at Buffalo for her undergraduate studie ...


Leadership Team

NamePositionTenureCompensationOwnership
Dakota Forgione
CEO & Director0.92yrno datano data
Marvin Baker
President2.08yrsno datano data
Douglas Vaughn
Chief Financial Officer2.92yrsno datano data
Charles Gambino
Chief Operations Officer2.08yrsno datano data
Jasmin Jimenez
Investor Relations Officerno datano datano data
Allan Gillis
President of Live Stor America & Directorno datano datano data
Linda Byrd
President of LIGA Homes2.42yrsno datano data

2.1yrs

Average Tenure

Experienced Management: LIGA's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dakota Forgione
CEO & Director0.92yrno datano data
Allan Gillis
President of Live Stor America & Directorno datano datano data
Paul Wright
Director2.42yrsno datano data
Aric Simons
Chairmanno datano datano data
Robert Linagen
Director0.92yrno datano data

0.9yrs

Average Tenure

Experienced Board: LIGA's board of directors are not considered experienced ( 0.9 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: LIG Assets, Inc.
  • Ticker: LIGA
  • Exchange: OTCPK
  • Founded: 2008
  • Industry: Real Estate Services
  • Sector: Real Estate
  • Market Cap: US$5.159m
  • Shares outstanding: 2.35b
  • Website: https://www.LeaderInGreenAssets.com

Location

  • LIG Assets, Inc.
  • 110 3rd Avenue West
  • Carthage
  • Tennessee
  • 37030
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LIGAOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJul 2010

Biography

LIG Assets, Inc. focuses on residential and commercial real estate business in the state of Texas. The company purchases commercial and residential real estate properties for resale and rental. It also invests, acquires, finances, and manages commercial properties, such as hotels, apartments, condos, retail, and office buildings; and offers loans for single family homes. The company was founded in 2008 and is based in Carthage, Tennessee. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/02 04:00
End of Day Share Price2020/06/01 00:00
Earnings2012/12/31
Annual Earnings2012/12/31


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.