OTCPK:BSRC

Stock Analysis Report

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Executive Summary

BioSolar, Inc. develops technologies and materials for storing electrical energy produced by photovoltaic solar modules.


Snowflake Analysis

Slightly overvalued with questionable track record.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

14.3%

BSRC

-0.5%

US Semiconductor

1.2%

US Market


1 Year Return

-62.4%

BSRC

45.1%

US Semiconductor

16.8%

US Market

Return vs Industry: BSRC underperformed the US Semiconductor industry which returned 46.5% over the past year.

Return vs Market: BSRC underperformed the US Market which returned 16.4% over the past year.


Shareholder returns

BSRCIndustryMarket
7 Day14.3%-0.5%1.2%
30 Day-25.6%3.5%4.9%
90 Day344.4%22.6%20.0%
1 Year-62.4%-62.4%47.9%45.1%19.3%16.8%
3 Year-61.9%-61.9%89.5%79.4%43.7%34.4%
5 Year-93.9%-93.9%222.7%191.1%75.5%56.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

3.63x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: BSRC is good value based on its PE Ratio (3.6x) compared to the US Semiconductor industry average (36.5x).

PE vs Market: BSRC is good value based on its PE Ratio (3.6x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BSRC has negative assets, so we can't compare its PB Ratio to the US Semiconductor industry average.


Next Steps

Future Growth

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

24.8%

Forecasted Semiconductors 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 BioSolar 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 BSRC’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 BioSolar's filings and announcementshere.
  • Explore growth companies in the Semiconductors industry.

Past Performance

How has BioSolar performed over the past 5 years?

21.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BSRC has high quality earnings.

Growing Profit Margin: Insufficient data to determine if BSRC's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: BSRC has become profitable over the past 5 years, growing earnings by 21.2% per year.

Accelerating Growth: BSRC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BSRC had negative earnings growth (-97.1%) over the past year, making it difficult to compare to the Semiconductor industry average (1.5%).


Return on Equity

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


Next Steps

Financial Health

How is BioSolar's financial position?


Financial Position Analysis

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

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

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

Debt Coverage: BSRC's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if BSRC's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is BioSolar current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

13.0yrs

Average management tenure


CEO

David Lee (61 yo)

14.33yrs

Tenure

US$144,000

Compensation

Dr. David D. Lee, Ph.D. has been the Chief Executive Officer and Acting Chief Financial Officer of BioSolar, Inc. since April 24, 2006 and serves as it's President. Dr. Lee is the Founder of BioSolar Inc. ...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD144.00K) is below average for companies of similar size in the US market ($USD593.60K).

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


Leadership Team

NamePositionTenureCompensationOwnership
David Lee
Founder14.33yrsUS$144.00k1.42%
$ 76.3k
Stanley Levy
VP & CTO13yrsno data0.90%
$ 48.2k
Dennis LePon
Corporate Advisor0.58yrno data0.0099%
$ 533.5
Charles Carraher
Scientific Advisorno datano datano data

13.0yrs

Average Tenure

73yo

Average Age

Experienced Management: BSRC's management team is seasoned and experienced (13 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 238.5%.


Top Shareholders

Company Information

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


Key Information

  • Name: BioSolar, Inc.
  • Ticker: BSRC
  • Exchange: OTCPK
  • Founded: 2006
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: US$5.384m
  • Shares outstanding: 336.50m
  • Website: https://www.biosolar.com

Number of Employees


Location

  • BioSolar, Inc.
  • 27936 Lost Canyon Road
  • Suite 202
  • Santa Clarita
  • California
  • 91387
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BSRCOTCPK (Pink Sheets LLC)YesCommon StockUSUSDFeb 2007

Biography

BioSolar, Inc. develops technologies and materials for storing electrical energy produced by photovoltaic solar modules. It offers BioBacksheet, a green back sheet for photovoltaic solar modules. The compa ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/11 00:00
End of Day Share Price2020/08/10 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.