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Crednology Holding

OTCPK:COHO
Snowflake Description

Fair value with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
COHO
OTCPK
$430K
Market Cap
  1. Home
  2. US
  3. Software
Company description

Crednology Holding Corporation, through its subsidiaries, operates as a professional information technology company based in the United States. The last earnings update was 16 days ago. More info.


Add to Portfolio Compare Print
  • Crednology Holding has significant price volatility in the past 3 months.
COHO Share Price and Events
7 Day Returns
-20%
OTCPK:COHO
1.7%
US IT
1.2%
US Market
1 Year Returns
0%
OTCPK:COHO
15.5%
US IT
3%
US Market
COHO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Crednology Holding (COHO) -20% -60% -71.4% 0% -88.9% -97.5%
US IT 1.7% 4.9% 22.3% 15.5% 80.2% 94.8%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • COHO underperformed the IT industry which returned 15.5% over the past year.
  • COHO underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
COHO
Industry
5yr Volatility vs Market

COHO Value

 Is Crednology Holding 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
  • It is not possible to calculate the future cash flow value for Crednology Holding. This is due to cash flow or dividend data being unavailable. The share price is $0.0002.
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 Crednology Holding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Crednology Holding's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:COHO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $0.00
OTCPK:COHO Share Price ** OTCPK (2019-03-20) in USD $0
United States of America IT Industry PE Ratio Median Figure of 78 Publicly-Listed IT Companies 30.36x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

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

** Primary Listing of Crednology Holding.

OTCPK:COHO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:COHO Share Price ÷ EPS (both in USD)

= 0 ÷ 0.00

6.67x

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

  • Crednology Holding is good value based on earnings compared to the US IT industry average.
  • Crednology Holding is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Crednology Holding's expected growth come at a high price?
Raw Data
OTCPK:COHO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.67x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
11.8%per year
United States of America IT Industry PEG Ratio Median Figure of 64 Publicly-Listed IT Companies 2.42x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*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 Crednology Holding, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Crednology Holding's assets?
Raw Data
OTCPK:COHO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $0.00
OTCPK:COHO Share Price * OTCPK (2019-03-20) in USD $0
United States of America IT Industry PB Ratio Median Figure of 122 Publicly-Listed IT Companies 4.43x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
OTCPK:COHO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:COHO Share Price ÷ Book Value per Share (both in USD)

= 0 ÷ 0.00

0.75x

* Primary Listing of Crednology Holding.

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

  • Crednology Holding is good value based on assets compared to the US IT industry average.
X
Value checks
We assess Crednology Holding'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 IT 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 IT industry average (and greater than 0)? (1 check)
  5. Crednology Holding has a total score of 3/6, 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.

COHO Future Performance

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

  • No analysts cover Crednology Holding, 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
11.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Crednology Holding expected to grow at an attractive rate?
  • Crednology Holding's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Crednology Holding's earnings growth is positive but not above the United States of America market average.
  • Unable to compare Crednology Holding's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:COHO Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:COHO Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 11.8%
United States of America IT Industry Earnings Growth Rate Market Cap Weighted Average 15.7%
United States of America IT Industry Revenue Growth Rate Market Cap Weighted Average 9%
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
OTCPK:COHO 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.
OTCPK:COHO Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 1 0 0
2018-06-30 1 0 0
2018-03-31 1 0 0
2017-12-31 1 0 0
2016-12-31 1 -1 0
2015-12-31 1 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Crednology Holding's earnings are expected to grow by 11.8% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Crednology Holding 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
OTCPK:COHO 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 Crednology Holding Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:COHO Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2016-12-31 0.00
2015-12-31 0.00

*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 Crednology Holding will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Crednology Holding'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.
Crednology Holding has a total score of 1/6, 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.

COHO Past Performance

  How has Crednology Holding 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 Crednology Holding's growth in the last year to its industry (IT).
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.
  • Crednology Holding's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Crednology Holding has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Crednology Holding has become profitable in the last year making it difficult to compare the US IT industry average.
Earnings and Revenue History
Crednology Holding'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 Crednology Holding Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:COHO 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 1.15 0.07 0.51
2018-06-30 1.07 0.06 0.51
2018-03-31 1.11 0.05 0.54
2017-12-31 1.15 0.05 0.57
2016-12-31 0.77 -0.19 0.71
2015-12-31 0.61 -0.04 0.60
2015-09-30 0.59 -0.10 0.61
2015-06-30 0.68 -0.06 0.65
2015-03-31 0.71 -0.04 0.66
2014-12-31 0.83 0.07 0.66
2014-09-30 0.75 0.06 0.64
2014-06-30 0.67 0.10 0.51
2014-03-31 0.66 0.04 0.55
2013-12-31 0.63 0.00 0.57
2013-09-30 0.74 0.05 0.64
2013-06-30 0.83 0.04 0.75
2013-03-31 0.86 0.14 0.70
2012-12-31 0.90 0.14 0.74
2012-09-30 0.69 -0.07 0.74
2012-06-30 0.56 -0.12 0.61
2012-03-31 0.37 -0.31 0.62

*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.
  • Crednology Holding has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Crednology Holding used its assets more efficiently than the US IT industry average last year based on Return on Assets.
  • Crednology Holding has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Crednology Holding'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 IT 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.
Crednology Holding has a total score of 2/6, 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.

COHO Health

 How is Crednology Holding'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 Crednology Holding's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Crednology Holding is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Crednology Holding's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Crednology Holding'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.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.5x debt.
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 Crednology Holding Company Filings, last reported 5 months ago.

OTCPK:COHO Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 0.58 0.61 0.03
2018-06-30 0.55 0.58 0.01
2018-03-31 0.55 0.58 0.01
2017-12-31 0.51 0.61 0.03
2016-12-31 0.30 0.66 0.04
2015-12-31 0.66 0.20 0.03
2015-09-30 0.81 0.00 0.01
2015-06-30 0.84 0.00 0.04
2015-03-31 0.85 0.00 0.05
2014-12-31 0.89 0.00 0.06
2014-09-30 0.88 0.00 0.06
2014-06-30 0.88 0.00 0.04
2014-03-31 0.86 0.00 0.03
2013-12-31 0.78 0.00 0.02
2013-09-30 0.82 0.00 0.02
2013-06-30 0.61 0.00 0.03
2013-03-31 0.61 0.00 0.03
2012-12-31 0.18 0.00 0.02
2012-09-30 0.60 0.10 0.04
2012-06-30 0.52 0.11 0.01
2012-03-31 0.37 0.29 0.03
  • Crednology Holding's level of debt (105.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 105.3% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Crednology Holding's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Crednology Holding'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. Crednology Holding has a total score of 1/6, 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.

COHO Dividends

 What is Crednology Holding'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%
Current annual income from Crednology Holding dividends.
If you bought $2,000 of Crednology Holding shares you are expected to receive $0 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?
  • Unable to evaluate Crednology Holding's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Crednology Holding's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
OTCPK:COHO 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 IT Industry Average Dividend Yield Market Cap Weighted Average of 33 Stocks 1.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 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.

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

  • Unable to perform a dividend volatility check as Crednology Holding has not reported any payouts.
  • Unable to verify if Crednology Holding's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Crednology Holding's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Crednology Holding has not reported any payouts.
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 Crednology Holding'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 Crednology Holding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Crednology Holding 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.

COHO Management

 What is the CEO of Crednology Holding'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
Orie Rechtman
TENURE AS CEO 2.4 years
CEO Bio

Mr. Orie Rechtman has been Chief Executive Officer and Secretary at Crednology Holding Corp. since October 31, 2016 and January 31, 2016 respectively.

CEO Compensation
  • Insufficient data for Orie to compare compensation growth.
  • Insufficient data for Orie to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Orie Rechtman

TITLE
CEO & Secretary
TENURE
2.4 yrs

Kenneth Ward

TITLE
CTO & Senior VP

Olga Rechtman

TITLE
Vice President of Marketing

Charles Levy

TITLE
Executive Vice President

Alfredo Gonzalez

TITLE
Chief Technology Manager
Board of Directors

Avi Tessler

TITLE
Board of Advisors

Sharona Justman

TITLE
Board of Advisors

Gary Rubenstein

TITLE
Board of Advisors

Hamid Kurasandi

TITLE
Board of Advisors
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 ($) Value ($)
X
Management checks
We assess Crednology Holding'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. Crednology Holding 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.

COHO News

Simply Wall St News

COHO Company Info

Description

Crednology Holding Corporation, through its subsidiaries, operates as a professional information technology company based in the United States. It is involved in the cloud computing business for the technology sector; and offers business continuity solutions, including cloud computing and disaster recovery services, as well as managed services, such as technical and professional services primarily focusing on infrastructure virtualization. The company’s products include 4Service Cloud Orchestrator for IT professionals to spin a corporate network in the cloud; and managed secured cloud computing on various platforms, such as cloud secured virtual desktop, cloud secured virtual desktop support, and cloud secured hosted exchange server solutions. It also provides information technology implementation; and secured digital data storage, retrieval, and secured communication services. In addition, the company develops and offers application hosting services for Exchange mail, CRM, and various accounting and back office applications; and sells electronic waste products and services. Further, it provides electronic waste and recycling services primarily of end-of-life computer related products for corporate entities, educational institutions, and state and local municipalities. The company serves primarily medium size organizations in the legal, healthcare, finance, accounting, retail, distribution, and federal state and local agency markets. The company was incorporated in 1998 and is based in Northridge, California.

Details
Name: Crednology Holding Corporation
COHO
Exchange: OTCPK
Founded: 1998
$429,702
2,148,512,607
Website: http://www.credholdingcorp.com
Address: Crednology Holding Corporation
18351 Eddy Street, B,
Northridge,
California, 91325,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK COHO Common Stock Pink Sheets LLC US USD 07. Nov 2010
Number of employees
Current staff
Staff numbers
7
Crednology Holding employees.
Industry
Internet Services and Infrastructure
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:28
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2019/03/05
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.