OTCPK:DDBX.F

Stock Analysis Report

Executive Summary

Data Deposit Box Inc. develops and operates off-site computer data storage facilities and other business computer applications for commercial business customers in Canada.

Risk Analysis

Has less than 1 year of cash runway

Shares are highly illiquid

Does not have a meaningful market cap ($838K)

Currently unprofitable and not forecast to become profitable over the next 3 years

+ 2 more risks


Snowflake Analysis

Adequate balance sheet and overvalued.


Similar Companies

Dropbox

NasdaqGS:DBX

Share Price & News

How has Data Deposit Box's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-15.2%

DDBX.F

2.1%

US IT

1.5%

US Market


1 Year Return

-68.1%

DDBX.F

37.2%

US IT

20.1%

US Market

Return vs Industry: DDBX.F underperformed the US IT industry which returned 37.2% over the past year.

Return vs Market: DDBX.F underperformed the US Market which returned 20.1% over the past year.


Shareholder returns

DDBX.FIndustryMarket
7 Day-15.2%2.1%1.5%
30 Day-51.3%4.4%1.4%
90 Dayn/a13.9%8.7%
1 Year-68.1%-68.1%38.6%37.2%22.7%20.1%
3 Yearn/a112.3%103.1%50.1%40.5%
5 Yearn/a148.0%125.8%73.1%54.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Data Deposit Box undervalued compared to its fair value and its price relative to the market?

0.88x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: DDBX.F is unprofitable, so we can't compare its PE Ratio to the IT industry average.

PE vs Market: DDBX.F is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: DDBX.F is good value based on its PB Ratio (0.9x) compared to the US IT industry average (4.3x).


Next Steps

Future Growth

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

18.5%

Forecasted Software 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 Data Deposit Box 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

Past Performance

How has Data Deposit Box performed over the past 5 years?

17.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DDBX.F is currently unprofitable.

Growing Profit Margin: DDBX.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DDBX.F is unprofitable, but has reduced losses over the past 5 years at a rate of 17.7% per year.

Accelerating Growth: Unable to compare DDBX.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DDBX.F is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (12%).


Return on Equity

High ROE: DDBX.F has a negative Return on Equity (-131.71%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Data Deposit Box's financial position?


Financial Position Analysis

Short Term Liabilities: DDBX.F's short term assets (CA$668.9K) exceed its short term liabilities (CA$83.7K).

Long Term Liabilities: DDBX.F has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: DDBX.F is debt free.

Reducing Debt: DDBX.F had no debt 5 years ago.


Balance Sheet

Inventory Level: DDBX.F has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if DDBX.F's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: DDBX.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: DDBX.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -13.7% each year


Next Steps

Dividend

What is Data Deposit Box's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate DDBX.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DDBX.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DDBX.F'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 DDBX.F'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?

2.3yrs

Average board tenure


CEO

Siva Cherla 0

0.8yrs

Tenure

CA$180,293

Compensation

Mr. Siva Cherla has been an Interim CEO of Data Deposit Box Inc. since May 1, 2019. Mr. Cherla has been a Chief Financial Officer and Director at Data Deposit Box Inc. since August 01, 2017. Mr. Cherla ha ...


CEO Compensation Analysis

Compensation vs Market: Siva's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD521.92K).

Compensation vs Earnings: Insufficient data to compare Siva's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Siva Cherla
Interim CEO0.8yrsCA$180.29kno data
Paul Nicholls
Independent Director2.3yrsno datano data
Louisa Jewell
Director0.3yrsno datano data

2.3yrs

Average Tenure

Experienced Board: DDBX.F's board of directors are not considered experienced ( 2.3 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 been diluted in the past year, with total shares outstanding growing by 6.6%.


Top Shareholders

Company Information

Data Deposit Box Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Data Deposit Box Inc.
  • Ticker: DDBX.F
  • Exchange: OTCPK
  • Founded: 2002
  • Industry: Internet Services and Infrastructure
  • Sector: Software
  • Market Cap: €837.756k
  • Listing Market Cap: €908.334k
  • Shares outstanding: 98.56m
  • Website: https://www.datadepositbox.com

Number of Employees


Location

  • Data Deposit Box Inc.
  • 1 Eglinton Avenue East
  • Suite 703
  • Toronto
  • Ontario
  • M4P 3A1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DDBCNSX (Canadian National Stock Exchange)YesCommon SharesCACADApr 2015
2DDDB (Deutsche Boerse AG)YesCommon SharesDEEURApr 2015
DDBX.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2015

Biography

Data Deposit Box Inc. develops and operates off-site computer data storage facilities and other business computer applications for commercial business customers in Canada. It offers continuous cloud backup; mobile backup; and email archiving services. The company offers products, such as Microsoft Windows Backup, a technology for Microsoft Windows that provides data protection to Microsoft endpoints; macOS Backup, a technology for data protection macOS end points; Android Backup, a backup technology for android smart phones and tablets; and iOS, iPhone, and iPad backup technologies. It also provides QNAP NAS backup and Synology NAS backup technologies. The company was founded in 2002 and is headquartered in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 00:49
End of Day Share Price2020/02/11 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.