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GlobalSCAPE

AMEX:GSB
Snowflake Description

Flawless balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GSB
AMEX
$107M
Market Cap
  1. Home
  2. US
  3. Software
Company description

GlobalSCAPE, Inc., together with its subsidiaries, develops and distributes software, delivers managed and hosted solutions, and provides associated services for secure information exchange, and data transfer and sharing for enterprises and consumers worldwide. The last earnings update was 129 days ago. More info.


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  • GlobalSCAPE has significant price volatility in the past 3 months.
GSB Share Price and Events
7 Day Returns
3%
AMEX:GSB
3.8%
US Software
2.9%
US Market
1 Year Returns
80.6%
AMEX:GSB
22%
US Software
1.4%
US Market
GSB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
GlobalSCAPE (GSB) 3% 38.3% 40.4% 80.6% 65.8% 134.1%
US Software 3.8% 4.9% 16% 22% 107.4% 132.9%
US Market 2.9% 2.5% 10% 1.4% 38.3% 42%
1 Year Return vs Industry and Market
  • GSB outperformed the Software industry which returned 22% over the past year.
  • GSB outperformed the Market in United States of America which returned 1.4% over the past year.
Price Volatility
GSB
Industry
5yr Volatility vs Market
Related Companies

Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of GlobalSCAPE to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data    Our intrinsic value calculation method has changed recently, learn more here.

Below are the data sources, inputs and calculation used to determine the intrinsic value for GlobalSCAPE.

AMEX:GSB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 9.2%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AMEX:GSB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.139 (1 + (1- 21%) (0%))
1.093
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.093 * 5.96%)
9.25%

Discounted Cash Flow Calculation for AMEX:GSB using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for GlobalSCAPE is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

AMEX:GSB DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.25%)
2019 1.16 Est @ -28.82% 1.06
2020 0.94 Est @ -19.36% 0.78
2021 0.82 Est @ -12.73% 0.63
2022 0.75 Est @ -8.09% 0.53
2023 0.71 Est @ -4.85% 0.46
2024 0.70 Est @ -2.57% 0.41
2025 0.69 Est @ -0.98% 0.37
2026 0.69 Est @ 0.13% 0.34
2027 0.70 Est @ 0.91% 0.31
2028 0.71 Est @ 1.46% 0.29
Present value of next 10 years cash flows $5.19
AMEX:GSB DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $0.71 × (1 + 2.73%) ÷ (9.25% – 2.73%)
$11.14
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $11.14 ÷ (1 + 9.25%)10
$4.60
AMEX:GSB Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $5.19 + $4.60
$9.79
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $9.79 / 17.13
$0.57
AMEX:GSB Discount to Share Price
Calculation Result
Value per share (USD) From above. $0.57
Current discount Discount to share price of $6.25
= -1 x ($6.25 - $0.57) / $0.57
-993.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of GlobalSCAPE is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for GlobalSCAPE's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are GlobalSCAPE's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AMEX:GSB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $0.02
AMEX:GSB Share Price ** AMEX (2019-03-15) in USD $6.25
United States of America Software Industry PE Ratio Median Figure of 84 Publicly-Listed Software Companies 52.96x
United States of America Market PE Ratio Median Figure of 3,054 Publicly-Listed Companies 17.61x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of GlobalSCAPE.

AMEX:GSB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AMEX:GSB Share Price ÷ EPS (both in USD)

= 6.25 ÷ 0.02

293.7x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • GlobalSCAPE is overvalued based on earnings compared to the US Software industry average.
  • GlobalSCAPE is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does GlobalSCAPE's expected growth come at a high price?
Raw Data
AMEX:GSB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 293.7x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
14.9%per year
United States of America Software Industry PEG Ratio Median Figure of 66 Publicly-Listed Software Companies 3.54x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for GlobalSCAPE, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on GlobalSCAPE's assets?
Raw Data
AMEX:GSB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $0.93
AMEX:GSB Share Price * AMEX (2019-03-15) in USD $6.25
United States of America Software Industry PB Ratio Median Figure of 220 Publicly-Listed Software Companies 5.71x
United States of America Market PB Ratio Median Figure of 5,152 Publicly-Listed Companies 1.87x
AMEX:GSB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AMEX:GSB Share Price ÷ Book Value per Share (both in USD)

= 6.25 ÷ 0.93

6.71x

* Primary Listing of GlobalSCAPE.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • GlobalSCAPE is overvalued based on assets compared to the US Software industry average.
X
Value checks
We assess GlobalSCAPE's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. GlobalSCAPE has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

  • No analysts cover GlobalSCAPE, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is GlobalSCAPE expected to grow at an attractive rate?
  • GlobalSCAPE's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • GlobalSCAPE's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare GlobalSCAPE's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AMEX:GSB Future Growth Rates Data Sources
Data Point Source Value (per year)
AMEX:GSB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 14.9%
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 16.1%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 10.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AMEX:GSB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AMEX:GSB Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
AMEX:GSB Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 34 4 0
2018-06-30 33 6 0
2018-03-31 33 4 0
2017-12-31 34 6 1
2017-09-30 34 8 3
2017-06-30 34 6 4
2017-03-31 34 8 4
2016-12-31 33 7 4
2016-09-30 32 7 4
2016-06-30 31 7 4
2016-03-31 31 7 4
2015-12-31 31 7 5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • GlobalSCAPE's earnings are expected to grow by 14.9% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if GlobalSCAPE is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AMEX:GSB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from GlobalSCAPE Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:GSB Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
AMEX:GSB Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 0.02
2018-06-30 -0.01
2018-03-31 -0.02
2017-12-31 0.06
2017-09-30 0.12
2017-06-30 0.17
2017-03-31 0.19
2016-12-31 0.17
2016-09-30 0.18
2016-06-30 0.17
2016-03-31 0.20
2015-12-31 0.22

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if GlobalSCAPE will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess GlobalSCAPE's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
GlobalSCAPE has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has GlobalSCAPE performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare GlobalSCAPE's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • GlobalSCAPE's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • GlobalSCAPE's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • GlobalSCAPE's 1-year earnings growth is negative, it can't be compared to the US Software industry average.
Earnings and Revenue History
GlobalSCAPE's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from GlobalSCAPE Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:GSB Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 33.92 0.46 23.55 2.25
2018-06-30 33.15 -0.26 23.86 2.55
2018-03-31 33.17 -0.40 23.54 3.13
2017-12-31 33.89 1.37 21.93 3.13
2017-09-30 33.59 2.59 20.42 3.35
2017-06-30 34.04 3.65 19.30 3.27
2017-03-31 33.68 4.03 18.82 2.65
2016-12-31 32.60 3.59 18.51 2.57
2016-09-30 32.47 3.71 18.68 2.49
2016-06-30 31.45 3.61 17.91 2.62
2016-03-31 31.21 4.09 17.24 2.69
2015-12-31 30.74 4.53 16.56 2.57
2015-09-30 30.26 4.59 14.80 2.29
2015-06-30 29.10 4.14 15.24 2.15
2015-03-31 27.92 3.31 16.16 2.19
2014-12-31 26.77 3.03 16.19 2.18
2014-09-30 25.10 2.46 16.82 2.84
2014-06-30 24.95 3.97 16.13 3.25
2014-03-31 24.19 3.86 15.08 3.53
2013-12-31 24.34 3.84 14.88 3.77
2013-09-30 24.34 4.49 15.08 3.52
2013-06-30 24.08 -0.51 15.72 3.42
2013-03-31 23.86 -1.03 16.23 3.35
2012-12-31 23.37 -1.80 16.76 3.53
2012-09-30 22.30 -3.61 16.84 3.43
2012-06-30 21.64 -0.29 16.16 3.42
2012-03-31 21.64 0.32 15.36 3.28

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • GlobalSCAPE has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • GlobalSCAPE used its assets less efficiently than the US Software industry average last year based on Return on Assets.
  • GlobalSCAPE's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess GlobalSCAPE's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
GlobalSCAPE has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is GlobalSCAPE's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up GlobalSCAPE's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • GlobalSCAPE is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • GlobalSCAPE's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of GlobalSCAPE's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • GlobalSCAPE has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from GlobalSCAPE Company Filings, last reported 5 months ago.

AMEX:GSB Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 16.75 0.00 11.16
2018-06-30 32.56 0.00 16.23
2018-03-31 32.10 0.00 15.96
2017-12-31 31.72 0.00 15.87
2017-09-30 31.72 0.00 14.22
2017-06-30 31.38 0.00 11.52
2017-03-31 30.72 0.00 13.16
2016-12-31 29.62 0.00 11.65
2016-09-30 28.56 0.00 20.72
2016-06-30 27.43 0.00 20.28
2016-03-31 26.14 0.00 19.59
2015-12-31 25.19 0.00 19.14
2015-09-30 24.52 0.00 12.86
2015-06-30 23.31 0.00 12.85
2015-03-31 22.09 0.00 12.35
2014-12-31 20.83 0.00 11.36
2014-09-30 20.47 0.00 9.27
2014-06-30 19.31 3.70 11.69
2014-03-31 17.70 4.05 10.69
2013-12-31 16.29 4.39 9.46
2013-09-30 15.86 4.73 9.76
2013-06-30 13.33 5.06 7.81
2013-03-31 12.72 5.40 8.06
2012-12-31 12.00 5.72 8.08
2012-09-30 11.79 6.05 10.25
2012-06-30 14.19 6.37 7.13
2012-03-31 14.08 6.69 7.75
  • GlobalSCAPE has no debt.
  • GlobalSCAPE has no debt compared to 5 years ago when it was 29.8%.
  • GlobalSCAPE has no debt, it does not need to be covered by operating cash flow.
  • GlobalSCAPE has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess GlobalSCAPE's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. GlobalSCAPE has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.96%
Current annual income from GlobalSCAPE dividends.
If you bought $2,000 of GlobalSCAPE shares you are expected to receive $19 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • GlobalSCAPE's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
  • GlobalSCAPE's dividend is below the markets top 25% of dividend payers in United States of America (3.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AMEX:GSB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 1.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2005 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AMEX:GSB Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
AMEX:GSB Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-03-01 0.060 0.987
2018-10-12 0.060 1.357
2018-05-25 0.060 1.550
2018-02-23 0.060 1.653
2017-11-15 0.060 1.674
2017-08-10 0.060 1.533
2017-05-10 0.060 1.255
2017-04-27 0.060 1.479
2016-11-10 0.060 1.516
2016-08-09 0.060 1.704
2016-05-05 0.060 1.663
2016-02-09 0.060 1.589
2015-08-11 0.110 3.066
2015-07-30 0.110 3.216
2015-05-14 0.110 3.403
2015-04-30 0.110 3.318
2014-11-05 0.050 1.821
2013-11-08 0.050 2.060

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • GlobalSCAPE has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but GlobalSCAPE only paid a dividend in the past 5 years.
Current Payout to shareholders
What portion of GlobalSCAPE's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.4x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess GlobalSCAPE's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can GlobalSCAPE afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. GlobalSCAPE has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of GlobalSCAPE's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Matt Goulet
COMPENSATION $829,171
AGE 45
TENURE AS CEO 2.8 years
CEO Bio

Mr. Matthew C. Goulet, also known as Matt, has been the Chief Executive Officer and President of GlobalSCAPE, Inc. since May 16, 2016 and previously served as its Chief Operating Officer since October 13, 2015. Mr. Goulet served as Senior Vice President of Sales & Marketing at GlobalSCAPE, Inc. from February 2015 to October 6, 2015. Mr. Goulet served as a Vice President of Sales & Marketing at GlobalSCAPE, Inc. Mr. Goulet is responsible for Globalscape’s worldwide go-to-market strategy and oversees all sales-related functions, including sales engineering and sales operations. He is responsible for the consumer and B2B product lines, as well as all global sales channels including direct, indirect and online. Goulet is responsible for the company’s global marketing initiatives including field marketing, channel marketing and demand generation. He served as Vice President of Sales at GlobalSCAPE, Inc. since October 2013. He served as the Vice President of Small and Medium-sized Enterprise (SME) Sales and Operations for Kaspersky Lab where he was responsible for setting the strategy for Kaspersky’s go-to-market SME initiatives. During his tenure at Kaspersky, he built Kaspersky Lab’s North America SME sales organization from the ground up. He also led the Americas Sales Operations team. Prior to joining Kaspersky Lab, he helped create and manage the audio/video division at Avnet Technology, a global technology distributor representing more than $8 billion in global sales annually. Mr. Goulet has more than 16 years of experience in the security, networking and storage industries. He has been a Director at GlobalSCAPE, Inc. since May 2016. He graduated from Boston College, Carroll School of Management with a Bachelor's of Science degree in Marketing.

CEO Compensation
  • Matt's compensation has been consistent with company performance over the past year.
  • Matt's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the GlobalSCAPE management team in years:

1.1
Average Tenure
49
Average Age
  • The average tenure for the GlobalSCAPE management team is less than 2 years, this suggests a new team.
Management Team

Matt Goulet

TITLE
President
COMPENSATION
$829K
AGE
45
TENURE
2.8 yrs

Michael Canavan

TITLE
Vice President of Sales
COMPENSATION
$527K
AGE
37
TENURE
1.4 yrs

Karen Young

TITLE
Chief Financial Officer
AGE
55
TENURE
1 yrs

Mark Hood

TITLE
Vice President of Operations
AGE
53
TENURE
0.6 yrs

Leah Webb

TITLE
Head of Administrative Services
TENURE
1.2 yrs

Robert Oslin

TITLE
Senior Director of Product Strategy
COMPENSATION
$105K

Dave Mello

TITLE
Vice President of Technical Services
TENURE
0.6 yrs

Bobby Langenbahn

TITLE
Enterprise Sales Manager
COMPENSATION
$141K
Board of Directors Tenure

Average tenure and age of the GlobalSCAPE board of directors in years:

3
Average Tenure
60.5
Average Age
  • The tenure for the GlobalSCAPE board of directors is about average.
Board of Directors

Robert Alpert

TITLE
Chairman of the Board
AGE
53
TENURE
0.4 yrs

Matt Goulet

TITLE
President
COMPENSATION
$829K
AGE
45
TENURE
2.8 yrs

David Mann

TITLE
Director
COMPENSATION
$186K
AGE
68
TENURE
16.8 yrs

Frank Morgan

TITLE
Director
COMPENSATION
$163K
AGE
69
TENURE
12.3 yrs

Thomas Hicks

TITLE
Director
COMPENSATION
$131K
AGE
69
TENURE
3.2 yrs

C. Webb

TITLE
Director
AGE
37
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
26. Sep 18 Sell Atlas Capital Management, L.P. Company 24. Sep 18 24. Sep 18 -3,855 $4.20 $-16,191
26. Sep 18 Sell Frank Morgan Individual 24. Sep 18 24. Sep 18 -67,753 $4.20 $-284,563
26. Sep 18 Sell Thomas Brown Individual 24. Sep 18 24. Sep 18 -1,095,025 $4.20 $-4,599,105
26. Sep 18 Sell David Mann Individual 24. Sep 18 24. Sep 18 -115,653 $4.20 $-485,743
X
Management checks
We assess GlobalSCAPE's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. GlobalSCAPE has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Can GlobalSCAPE, Inc. (NYSEMKT:GSB) Improve Its Returns?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … That means that for every $1 worth of shareholders' equity, it generated $0.028 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Does GlobalSCAPE Inc (NYSEMKT:GSB)'s Capital Return Make The Cut?

You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … To understand GlobalSCAPE’s capital returns we will look at a useful metric called return on capital employed. … What is Return on Capital Employed (ROCE)?

Simply Wall St -

Before You Buy GlobalSCAPE Inc's (NYSEMKT:GSB), Consider This

There are two types of risks that affect the market value of a listed company such as GSB. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market. … Not all stocks are expose to the same level of market risk.

Simply Wall St -

GlobalSCAPE Inc (NYSEMKT:GSB): Has Recent Earnings Growth Beaten Long-Term Trend?

After looking at GlobalSCAPE Inc's (AMEX:GSB) latest earnings update (31 March 2017), I found it helpful to revisit the company's performance in the past couple of years and compare this against the latest numbers. … Check out our latest analysis for GlobalSCAPE Did GSB beat its long-term earnings growth trend and its industry? … Given that these values are fairly nearsighted, I’ve determined an annualized five-year figure for GlobalSCAPE's earnings, which stands at US$2.26M This shows that, on average, GlobalSCAPE has been able to gradually grow its bottom line over the last few years as well.

Simply Wall St -

GlobalSCAPE Inc (NYSEMKT:GSB): Dividend Is Coming In 3 Days, Should You Buy?

See our latest analysis for GlobalSCAPE 5 checks you should use to assess a dividend stock If you are a dividend investor, you should always assess these five key metrics: Is their annual yield among the top 25% of dividend payers? … Next Steps: After digging a little deeper into GlobalSCAPE's yield, it's easy to see why you should be cautious investing in the company just for the dividend. … On the other hand, if you are not strictly just a dividend investor, the stock could still be offering some interesting investment opportunities.

Simply Wall St -

Highly Undervalued Stocks To Profit From

Stocks recently deemed undervalued include GlobalSCAPE and Volt Information Sciences, as they trade at a market price below their true valuations. … Also, GSB’s PE ratio is currently around 16.8x relative to its software peer level of 33.2x, implying that relative to its comparable set of companies, you can buy GSB’s shares at a cheaper price. … In terms of relative valuation, KKFC’s PE ratio is trading at around 0.1x against its its food peer level of 21x, meaning that relative to its comparable company group, you can buy KKFC for a cheaper price.

Simply Wall St -

Should Income Investors Buy GlobalSCAPE Inc (GSB) Before Its Ex-Dividend?

Important news for shareholders and potential investors in GlobalSCAPE Inc (AMEX:GSB): The dividend payment of $0.02 per share will be distributed into shareholder on 18 December 2017, and the stock will begin trading ex-dividend at an earlier date, 29 November 2017. … See our latest analysis for GSB 5 questions to ask before buying a dividend stock If you are a dividend investor, you should always assess these five key metrics: Is it paying an annual yield above 75% of dividend payers? … Furthermore, analysts have not forecasted a dividends per share for the future, which makes it hard to determine the yield shareholders should expect, and whether the current payout is sustainable, moving forward.

Simply Wall St -

Company Info

Description

GlobalSCAPE, Inc., together with its subsidiaries, develops and distributes software, delivers managed and hosted solutions, and provides associated services for secure information exchange, and data transfer and sharing for enterprises and consumers worldwide. It offers managed file transfer solutions, including enhanced file transfer platforms; and Mail Express solution that enable users to send and receive encrypted email and attachments of unlimited size. The company also provides Wide Area File Services Solution that enables to replicate, share, and backup files within a wide or local area network; and CuteFTP, a file transfer program for individuals and small businesses. In addition, it offers various professional services, such as product customization and system integration, solution quickstart implementations, business process and workflow, policy development, education and training, and solution health checks, as well as engineering services; and maintenance and support services. The company primarily serves the finance, health care, energy, retail, manufacturing, and engineering markets. GlobalSCAPE, Inc. was founded in 1996 and is based in San Antonio, Texas.

Details
Name: GlobalSCAPE, Inc.
GSB
Exchange: AMEX
Founded: 1996
$107,068,237
17,130,918
Website: http://www.globalscape.com
Address: GlobalSCAPE, Inc.
4500 Lockhill Selma Road,
Suite 150,
San Antonio,
Texas, 78249,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AMEX GSB Common Stock NYSE MKT LLC US USD 15. Feb 2002
Number of employees
Current staff
Staff numbers
90
GlobalSCAPE employees.
Industry
Systems Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/17 23:36
End of day share price update: 2019/03/15 00:00
Last estimates confirmation: 2017/03/27
Last earnings filing: 2018/11/08
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.