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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Cipherloc. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Cipherloc's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Cipherloc 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
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
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Cipherloc's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Cipherloc's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Cipherloc's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Cipherloc is high growth as no earnings estimate data is available.
Unable to determine if Cipherloc 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.
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 Cipherloc's filings and announcements here.
Cipherloc's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
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.
MichaelDe La Garza
TENURE AS CEO
Mr. Michael De La Garza serves as Chairman, Chief Executive Officer and President of Cipherloc Corporation since November 19, 2010 and serves as its Acting Chief Financial Officer. Mr. De La Garza served as President, CEO and Director of Card Activation Technologies, Inc. from January 2009 to April 2009. Mr. De La Garza has more than 27 years’ experience in the software industry as an executive officer and founder of numerous companies both private and publicly traded. His career started in 1991 as the COO of a medical imaging company and subsequently founded or co-founded three other software companies where he served as President and/or CEO. Mr. De La Garza is a health care executive with over 20 years of experience. His experiences have been most recently in acute care hospitals serving in CIO/CTO. Mr. De La Garza has been the CEO of Absolute Medical Software Systems, LLC and PayMed USA, LLC since 2001 through the present, for the past seven (7) years serving as CEO and President. His experience is also complimented by serving as CEO and administrator of a chain of diagnostic imaging centers in Texas and surrounding states since 2005. He has been employed as a healthcare consultant for both profit and not for profit health care facilities. Mr. De La Garza has a thorough understanding of all aspects of operations including the financial and physician side of the health care environment. He has served as CEO and founder of five accidents and injury physician clinic. Other unique features in his career include serving in a position of Director of Business Development for a large medical billing company. He has also been involved in "certificate of need" review processes and community health planning for the diagnostic imaging centers. Mr. De La Garza has developed and operated his own consulting firm. The focus of his consulting activities was on hospitals and physician practice development. The consulting areas included regulatory compliance, physician practice auditing, feasibility studies for imaging facilities and insurance billing and collection auditing. Mr. De La Garza studied computer science at Southwest Texas State University and received a Computer Science Technical degree from Danforth Technical College in 1980.
Michael's compensation has been consistent with company performance over the past year.
Michael'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
management team in years:
The tenure for the Cipherloc management team is about average.
Michael De La Garza
Chief Operating Officer
Chief Scientific Officer & Director
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Cipherloc board of directors is less than 3 years, this suggests a new board.
Cipherloc Corporation operates as a data security solutions company. It develops CipherLoc, a polymorphic key progression algorithm encryption cipher engine for use in commercial data security industry and/or in sensitive applications. The company was formerly known as National Scientific Corporation and changed its name to Cipherloc Corporation in March 2015. Cipherloc Corporation was incorporated in 1953 and is headquartered in Buda, Texas.
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